Key Points
- Director Stephen Pagliuca bought 685,000 Norwegian Cruise Line shares at an average price of $18.06, spending about $12.37 million. The purchase nearly doubled his stake, signaling strong insider confidence.
- Norwegian Cruise Line recently reported Q1 earnings of $0.23 per share, beating analyst expectations, while revenue came in at $2.33 billion, slightly below estimates. Revenue still grew 9.6% year over year, and the company reaffirmed 2026 guidance.
- Analyst views remain mixed: Loop Capital started coverage with a Buy and $22 target, while other firms trimmed price targets and the overall consensus rating is Hold with an average target of $20.95.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) Director Stephen Pagliuca purchased 685,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The stock was purchased at an average price of $18.06 per share, with a total value of $12,371,100.00. Following the completion of the purchase, the director directly owned 1,388,912 shares of the company's stock, valued at approximately $25,083,750.72. This represents a 97.31% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Norwegian Cruise Line Stock Performance
Shares of NYSE NCLH opened at $18.17 on Thursday. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. The firm's 50-day moving average price is $18.23 and its two-hundred day moving average price is $20.27. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.53 and a 52-week high of $27.18. The stock has a market capitalization of $8.34 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.15 and a beta of 1.89.
Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.08. The firm had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. Norwegian Cruise Line's revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the company posted $0.07 earnings per share. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. As a group, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.
Key Norwegian Cruise Line News
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Loop Capital initiated coverage on Norwegian Cruise Line with a Buy rating and a $22 price target, implying notable upside from current levels.
- Positive Sentiment: Director Stephen G. Pagliuca bought 695,000 shares on June 1 and 685,000 shares on June 2, a sizable insider vote of confidence that can support investor sentiment.
- Positive Sentiment: The stock was also mentioned in a Zacks note highlighting that NCLH is up since its last earnings report, reflecting improved momentum after the company beat EPS expectations last quarter.
- Neutral Sentiment: Bernstein started coverage with a Market-Perform rating and an $18 target, which is roughly in line with the current share price and suggests limited near-term upside in that analyst’s view. Bernstein bullish on top cruise pick Viking, Norwegian gets market-perform rating
- Neutral Sentiment: Norwegian Cruise said 2027 will be a “transition year” despite current pressures, signaling that management still sees challenges ahead before growth fully normalizes. Norwegian Cruise sees 2027 as 'transition year' despite current pressures
Hedge Funds Weigh In On Norwegian Cruise Line
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its stake in shares of Norwegian Cruise Line by 2.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company's stock valued at $404,000 after purchasing an additional 428 shares during the last quarter. Retirement Systems of Alabama lifted its stake in shares of Norwegian Cruise Line by 0.5% in the 4th quarter. Retirement Systems of Alabama now owns 96,848 shares of the company's stock valued at $2,162,000 after purchasing an additional 443 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Norwegian Cruise Line by 1.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company's stock valued at $1,164,000 after purchasing an additional 500 shares during the last quarter. New Mexico Educational Retirement Board lifted its stake in shares of Norwegian Cruise Line by 2.5% in the 4th quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company's stock valued at $462,000 after purchasing an additional 500 shares during the last quarter. Finally, Prospera Financial Services Inc lifted its stake in shares of Norwegian Cruise Line by 1.8% in the 4th quarter. Prospera Financial Services Inc now owns 28,603 shares of the company's stock valued at $638,000 after purchasing an additional 502 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
NCLH has been the topic of several recent research reports. Morgan Stanley decreased their price target on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 5th. Stifel Nicolaus decreased their price target on shares of Norwegian Cruise Line from $28.00 to $27.00 and set a "buy" rating on the stock in a research report on Monday, April 20th. Barclays decreased their price target on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 5th. Bank of America decreased their price target on shares of Norwegian Cruise Line from $30.00 to $27.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $20.95.
Check Out Our Latest Report on Norwegian Cruise Line
About Norwegian Cruise Line
(
Get Free Report)
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.
Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.
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