Key Points
- Carnival director Helen Deeble sold 25,000 shares at an average price of $27.75, generating approximately $693,750 and reducing her position by 28.25% to 63,505 shares.
- Carnival’s latest quarterly results exceeded expectations, with EPS of $1.43 and revenue of $8.44 billion, while revenue increased 3.5% year over year.
- The company declared a $0.15 quarterly dividend, equivalent to $0.60 annually and a 2.1% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $34.14.
Carnival Corporation (NYSE:CCL - Get Free Report) Director Helen Deeble sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $27.75, for a total value of $693,750.00. Following the completion of the sale, the director owned 63,505 shares in the company, valued at approximately $1,762,263.75. This represents a 28.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Carnival Stock Down 0.0%
CCL stock opened at $28.83 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.23 and a current ratio of 0.27. Carnival Corporation has a one year low of $21.45 and a one year high of $34.03. The firm's fifty day moving average is $24.85 and its 200 day moving average is $27.12. The firm has a market cap of $38.77 billion, a PE ratio of 12.59, a P/E/G ratio of 1.23 and a beta of 2.38.
Carnival (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 29th. The company reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.08. The company had revenue of $8.44 billion during the quarter, compared to analysts' expectations of $8.39 billion. Carnival had a return on equity of 24.83% and a net margin of 11.37%. Carnival's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 EPS. Carnival has set its Q4 2026 guidance at 0.200-0.200 EPS and its FY 2026 guidance at 2.240-2.240 EPS. On average, research analysts forecast that Carnival Corporation will post 2.26 EPS for the current year.
Carnival Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, November 6th. Carnival's payout ratio is presently 26.20%.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on CCL shares. Mizuho dropped their target price on Carnival from $39.00 to $38.00 and set an "outperform" rating for the company in a research report on Wednesday, September 30th. Truist Financial lifted their price objective on shares of Carnival from $29.00 to $31.00 and gave the company a "hold" rating in a report on Thursday, July 23rd. Barclays cut their target price on shares of Carnival from $35.00 to $33.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 16th. Tigress Financial reiterated a "buy" rating and set a $42.00 target price on shares of Carnival in a report on Tuesday, October 13th. Finally, Argus decreased their price target on shares of Carnival from $35.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.14.
View Our Latest Stock Analysis on Carnival
Key Headlines Impacting Carnival
Here are the key news stories impacting Carnival this week:
- Positive Sentiment: Dividend reinforces shareholder-return story: Carnival’s board declared a quarterly dividend of $0.15 per share. The announcement has renewed investor interest, particularly because shares have rallied 26.7% over the past month while still showing a year-to-date decline, suggesting potential recovery room. Carnival Could Be 25% Undervalued Following Its Fresh Dividend Declaration
- Positive Sentiment: Positive read-through from cruise peers: Norwegian Cruise Line’s stronger-than-expected results and improved full-year outlook lifted the broader cruise group, while Royal Caribbean also advanced. The results suggest resilient travel demand and improving operating trends across the industry, benefiting Carnival by association. Norwegian Surges as Earnings Beat Lifts Full-Year Outlook
- Positive Sentiment: Fleet investment supports guest experience: Princess Cruises, Carnival’s brand, completed a two-week drydock renovation of Royal Princess, adding a Sanctuary Collection and upgrading dining, entertainment, casino and retail areas. These enhancements could support pricing, customer satisfaction and onboard revenue over time. Royal Princess Emerges from Drydock with New Sanctuary Collection
- Neutral Sentiment: Fuel management remains a key swing factor: Carnival’s strategy emphasizes reducing fuel consumption, while competitors rely more heavily on hedging. Lower consumption could protect margins if fuel prices remain elevated, but the issue remains an important source of operating-cost uncertainty. Cruise Companies Aim to Keep Fuel Costs Down
- Negative Sentiment: Director’s stock sale adds a cautionary signal: Director Helen Deeble sold 25,000 Carnival shares for approximately $693,750, reducing her direct ownership by 28.25%. While the transaction does not change Carnival’s fundamentals, insider selling can weigh on sentiment, particularly after the recent share-price rebound. Carnival Director Form 4 Filing
Institutional Investors Weigh In On Carnival
A number of hedge funds have recently bought and sold shares of CCL. Ancora Advisors LLC increased its position in shares of Carnival by 66.4% during the second quarter. Ancora Advisors LLC now owns 1,015 shares of the company's stock worth $29,000 after acquiring an additional 405 shares in the last quarter. Basecamp Wealth Advisors LLC raised its holdings in shares of Carnival by 107.8% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,045 shares of the company's stock worth $27,000 after acquiring an additional 542 shares during the last quarter. CoreCap Advisors LLC lifted its position in Carnival by 22.7% in the 2nd quarter. CoreCap Advisors LLC now owns 2,932 shares of the company's stock valued at $84,000 after acquiring an additional 543 shares in the last quarter. Parallel Advisors LLC lifted its position in Carnival by 6.6% in the 1st quarter. Parallel Advisors LLC now owns 9,017 shares of the company's stock valued at $233,000 after acquiring an additional 555 shares in the last quarter. Finally, Physician Wealth Advisors Inc. lifted its position in Carnival by 116.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,093 shares of the company's stock valued at $27,000 after acquiring an additional 589 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company's stock.
About Carnival
(
Get Free Report)
Carnival Corporation & plc (NYSE: CCL) is one of the world's largest leisure travel and cruise companies. It operates cruise lines that provide vacation travel, onboard entertainment, dining, accommodations, recreational activities and shore excursions. The company's brands serve a broad range of travelers, from mainstream and contemporary vacationers to premium and luxury guests.
Carnival's portfolio includes Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises UK and P&O Cruises Australia.
Further Reading
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