NYSE:CCL - Carnival Stock Price, Forecast & News

Carnival trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCL."

Carnival declared a quarterly dividend on Thursday, January 16th. Investors of record on Friday, February 21st will be given a dividend of $0.50 per share on Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Thursday, February 20th. View Carnival's Dividend History.

Carnival Corp (NYSE:CCL) announced its quarterly earnings data on Friday, December, 20th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.11. The business had revenue of $4.78 billion for the quarter, compared to analysts' expectations of $4.56 billion. Carnival had a return on equity of 12.29% and a net margin of 14.36%. Carnival's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. View Carnival's Earnings History.

Carnival is scheduled to release their next quarterly earnings announcement on Tuesday, March 24th 2020. View Earnings Estimates for Carnival.

Carnival updated its first quarter 2020 Pre-Market earnings guidance on Friday, December, 20th. The company provided earnings per share guidance of 0.47-0.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.40.

17 brokerages have issued 1-year price objectives for Carnival's shares. Their forecasts range from $38.00 to $65.00. On average, they anticipate Carnival's share price to reach $50.07 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Carnival.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Carnival.

News headlines about CCL stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carnival earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Carnival.

Carnival saw a increase in short interest in December. As of December 13th, there was short interest totalling 19,390,000 shares, an increase of 6.8% from the November 28th total of 18,150,000 shares. Based on an average trading volume of 4,320,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 4.5% of the shares of the company are short sold. View Carnival's Current Options Chain.

Some companies that are related to Carnival include Marriott International (MAR), Royal Caribbean Cruises (RCL), Norwegian Cruise Line (NCLH), Hyatt Hotels (H), Choice Hotels International (CHH), Marriott Vacations Worldwide (VAC), Marcus (MCS) and Red Lion Hotels (RLH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carnival investors own include Walgreens Boots Alliance (WBA), Wolverine World Wide (WWW), Wendys (WEN), General Electric (GE), AT&T (T), CVS Health (CVS), Alibaba Group (BABA), Walt Disney (DIS), Xerox (XRX) and Starbucks (SBUX).

Carnival's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.18%), Advisors Capital Management LLC (0.11%), Assenagon Asset Management S.A. (0.06%), Stewart & Patten Co. LLC (0.05%), Calamos Advisors LLC (0.04%) and Asset Advisors Investment Management LLC (0.04%). Company insiders that own Carnival stock include Arnaldo Perez, Arnold W Donald, David Bernstein, Randall J Weisenburger, Sir Jonathon Band and Stein Kruse. View Institutional Ownership Trends for Carnival.

CCL stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, CX Institutional, Pennsylvania Trust Co, Iowa State Bank, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Steward Partners Investment Advisory LLC and Birch Hill Investment Advisors LLC. Company insiders that have sold Carnival company stock in the last year include Arnaldo Perez, David Bernstein, Sir Jonathon Band and Stein Kruse. View Insider Buying and Selling for Carnival.

CCL stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Exane Derivatives, Alpine Global Management LLC, Advisors Capital Management LLC, Nisa Investment Advisors LLC, Taylor Cottrill Erickson & Associates Inc. and Empire Life Investments Inc.. Company insiders that have bought Carnival stock in the last two years include Arnold W Donald and Randall J Weisenburger. View Insider Buying and Selling for Carnival.

Shares of CCL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CCL stock can currently be purchased for approximately $49.54.

Carnival has a market capitalization of $26.11 billion and generates $20.83 billion in revenue each year. The company earns $2.99 billion in net income (profit) each year or $4.40 on an earnings per share basis. Carnival employs 102,000 workers across the globe.View Additional Information About Carnival.

The official website for Carnival is http://www.carnival.com/.

Carnival's mailing address is 3655 N W 87TH AVE PO BOX 1347, MIAMI FL, 33178. The company can be reached via phone at 305-599-2600.