Carnival Corporation (CCL)

NYSE: CCL · IEX Real-Time Price · USD
10.54
+0.20 (1.93%)
At close: Aug 11, 2022 4:00 PM
10.61
+0.07 (0.66%)
Pre-market: Aug 12, 2022 7:04 AM EDT
1.93%
Market Cap 13.52B
Revenue (ttm) 5.86B
Net Income (ttm) -9.18B
Shares Out 1.28B
EPS (ttm) -8.31
PE Ratio n/a
Forward PE 11.07
Dividend n/a
Ex-Dividend Date n/a
Volume 49,601,620
Open 10.84
Previous Close 10.34
Day's Range 10.44 - 10.95
52-Week Range 8.10 - 27.39
Beta 2.09
Analysts Hold
Price Target 14.53 (+37.9%)
Earnings Date Sep 22, 2022

About CCL

Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. The c... [Read more...]

Industry Hotels, Restaurants & Leisure
IPO Date Jul 24, 1987
CEO Arnold Donald
Employees 40,000
Stock Exchange NYSE
Ticker Symbol CCL
Full Company Profile

Financial Performance

In 2021, Carnival's revenue was $1.91 billion, a decrease of -65.90% compared to the previous year's $5.60 billion. Losses were -$9.50 billion, -7.18% less than in 2020.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for CCL stock is "Hold." The 12-month stock price forecast is 14.53, which is an increase of 37.86% from the latest price.

Price Target
$14.53
(37.86% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Why Cruise Line Stocks Sailed Higher This Morning

Inflation news was good, and that has sent cruise line stocks higher today.

Other symbols: NCLHRCL

Princess Cruises has cancelled 11 sailings from the US due to 'labor challenges'

Earlier this year, cruise lines like Carnival and Norwegian faced similar hiring struggles that resulted in canceled sailings and closed dining venues.

Why 3 Major Cruise Stocks Dropped Today

Today's (not) shocking news: Just like Carnival and Royal Caribbean, Norwegian Cruise Line Holdings will lose money in Q3.

Other symbols: NCLHRCL

Carnival Corporation Upgrading Global Fleet with Fuel- and Energy-Saving Technology

World's largest cruise company is rolling out Service Power Packages to improve energy efficiency and support overall sustainability goals To significantly reduce energy and fuel consumption, upgrades i...

Other symbols: CUK

Is It Time to Buy the S&P 500's 4 Worst-Performing Stocks?

Some of the worst performers on the premier market index are poised for stunning rebounds. Others are not.

Other symbols: ALGNMTCHNFLX

Is This Beaten-Down Cruise Stock a Buy?

Carnival took on a lot of debt to cover its losses and stay afloat long enough to work its way back from its pandemic shutdown. Now it's issuing new shares.

Other symbols: CUK

CARNIVAL CRUISE LINE'S BANNER SUMMER BRINGS GUEST TOTAL TO THREE MILLION SINCE JULY 2021 RESTART

More Guests, More Fun at Busiest Homeports and Top Destinations MIAMI , Aug. 1, 2022 /PRNewswire/ -- In a year of many milestones – including its 50th Birthday – Carnival Cruise Line has reached another...

Other symbols: CUK

Carnival Stock Looks Scary as Analyst Hits the Panic Button

Miami-headquartered cruise operator Carnival (NYSE: CCL ) recently received some positive news as the Centers for Disease Control and Prevention ( CDC ) has ended its Covid-19 Program for Cruise Ships. ...

Why Cruise Line Stocks Rebounded Today

There's big news on the horizon for cruise stocks -- and all stocks -- this week.

Other symbols: NCLHRCL

Is It Time to Buy This Year's Worst-Performing Growth Stocks?

The question is whether they still have further to fall.

Other symbols: CVNAWBD

Why Carnival, Norwegian, and Royal Caribbean Are Taking on Water Today

The cruise ship industry is in some storm-tossed waters over the direction the economy is heading.

Other symbols: NCLHRCL

13 Stocks Clobber Gen Z Investors In Their First Bear Market

Investing in stocks looked so easy before the S&P 500 bear market struck. The post 13 Stocks Clobber Gen Z Investors In Their First Bear Market appeared first on Investor's Business Daily.

SES to Power Innovative, Immersive Experiences Onboard Leading Family Cruise Lines Fleet with O3b mPOWER

LUXEMBOURG--(BUSINESS WIRE)--SES, the world's leading content connectivity satellite service provider, will be providing ground-breaking high-speed satellite-based connectivity services to the newest la...

Other symbols: NCLHRCL

Why Cruise Line Stocks Are Sailing Slower Today

There's big news on the horizon for cruise stocks -- and all stocks -- this week.

Other symbols: NCLHRCL

Carnival Corporation's Costa Group Starts Use of Biofuels

Initiative to test biofuels represents another major milestone in company's decarbonization strategy, with AIDAprima from AIDA Cruises becoming first larger-scale cruise ship to be bunkered with blend o...

Other symbols: CUK

Holland America Line Celebrates One Year Back to Cruising Since End of Industry-Wide Pause

500,000 nautical miles sailed and 6.5 million meals served in first year back SEATTLE , July 25, 2022 /PRNewswire/ -- Holland America Line's guests and team members celebrated an important milestone thi...

Other symbols: CUK

Three Stock Lunch: Carnival, DocuSign and Amazon

Jeff Kilburg, Sanctuary Wealth CIO, joins 'Power Lunch' to discuss Kilburg's investing take on three stocks: Carnival, DocuSign and Amazon.

Other symbols: DOCUAMZN

Why Cruise Line Stocks Just Got Destroyed

It's a story of "easy come, easy go" for much of cruise stocks' gains this week.

Other symbols: NCLHRCL

Cruise Stocks Sink After Carnival Announces $1 Billion Share Sale

The company is raising money yet again as it looks to get ahead of debt payments due next year.

Other symbols: NCLHRCL

Carnival stock leads S&P 500 losers after analyst sees equity offering causing 'panic'

Shares of Carnival Corp. CCL, -11.54% tumbled 11.2% in morning trading Thursday, to pace the S&P 500's SPX, +0.44% after the cruise operator caused investors to "panic" with its $1 billion public equity...

Carnival Cruise Line holds stock sale to raise funds

Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi report that Carnival Cruise Line is set to sell $1 billion in stock.

Carnival (CCL) Stock Plunges 12% on News of Share Sale

Cruise line operator CCL stock is taking a hit on news that it is issuing $1 billion more of common shares. The post Carnival (CCL) Stock Plunges 12% on News of Share Sale appeared first on InvestorPlace.

Why Are Cruise Stocks CCL, RCL and NCLH Down Today?

Cruise stocks have performed poorly this year, and Carnival's $1 billion stock offering is causing the sector to slump today.  The post Why Are Cruise Stocks CCL, RCL and NCLH Down Today?

Other symbols: NCLHRCL

Carnival Stocks Tumbles After New Share Sale

The cruise line operator is raising $1 billion in shares for general corporate purposes, which may include settling maturing debt.

Why Carnival Stock Is Sinking Today

Carnival Corp (NYSE: CCL) shares are trading lower Thursday after the company announced a $1 billion common stock offering. The offering of 102,139,621 shares of common stock was priced at $9.95 per share.