Carnival Corporation & plc (CCL)

NYSE: CCL · IEX Real-Time Price · USD
15.34
-1.17 (-7.09%)
At close: Jun 14, 2024, 4:00 PM
15.39
+0.05 (0.33%)
After-hours: Jun 14, 2024, 7:59 PM EDT
-7.09%
Market Cap 19.23B
Revenue (ttm) 22.57B
Net Income (ttm) 405.00M
Shares Out 1.25B
EPS (ttm) 0.26
PE Ratio 59.00
Forward PE 16.24
Dividend n/a
Ex-Dividend Date n/a
Volume 55,866,338
Open 16.17
Previous Close 16.51
Day's Range 15.04 - 16.23
52-Week Range 10.84 - 19.74
Beta 2.58
Analysts Strong Buy
Price Target 21.11 (+37.61%)
Earnings Date Jun 25, 2024

About CCL

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruise... [Read more]

Industry Travel Services
IPO Date Jul 24, 1987
Employees 106,000
Stock Exchange NYSE
Ticker Symbol CCL
Full Company Profile

Financial Performance

In 2023, CCL's revenue was $21.59 billion, an increase of 77.46% compared to the previous year's $12.17 billion. Losses were -$74.00 million, -98.79% less than in 2022.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for CCL stock is "Strong Buy." The 12-month stock price forecast is $21.11, which is an increase of 37.61% from the latest price.

Price Target
$21.11
(37.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Carnival and Norwegian Stocks Are Sinking the S&P 500. Pricing May Be an Issue.

BofA analyst Andrew Didora noted “modestly softer pricing” based on early June cruise prices. Carnival and Norwegian are the worst and second-worst performers in the S&P 500 Friday.

Other symbols: NCLH
9 hours ago - Barrons

Carnival's stock leads the S&P 500's losers as BofA raises a pricing concern

Shares of cruise operators were having a pretty bad day Friday, as BofA Securities analyst Andrew Didora suggested there was a crack in the sector's pricing armor.

11 hours ago - Market Watch

Cunard Celebrates Record Bookings Following Queen Anne Launch

VALENCIA, Calif. , June 11, 2024 /PRNewswire/ -- Cunard has announced record-breaking bookings following the highly anticipated launch of its new ship Queen Anne.

3 days ago - PRNewsWire

CARNIVAL CORPORATION & PLC TO HOLD CONFERENCE CALL ON SECOND QUARTER EARNINGS

MIAMI , June 11, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has scheduled a conference call with analysts for Tuesday, June 25, 2024, at 10 a.m. (EDT); 3 p.m.

3 days ago - PRNewsWire

Cunard celebrates record bookings following Queen Anne launch

Queen Anne during the official naming ceremony in Liverpool  SOUTHAMPTON, England , June 11, 2024 /PRNewswire/ -- Cunard has announced record-breaking bookings following the highly anticipated launch ...

3 days ago - PRNewsWire

Cunard Reveals 2025 Event Voyages Program

VALENCIA, Calif. , June 10, 2024 /PRNewswire/ -- Cunard has unveiled its program of 2025 Event Voyages, taking place across Queen Mary 2, Queen Elizabeth, and Queen Victoria.

4 days ago - PRNewsWire

Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit aw...

Other symbols: JBLUMANUPTONW
7 days ago - Market Watch

Princess Cruises Named Official Cruise Line Partner of the Academy of Country Music

Groundbreaking Partnership Includes Onboard Performances by Emerging Country Stars  FT. LAUDERDALE, Fla.

9 days ago - PRNewsWire

S&P 500 Gains and Losses Today: Carnival Stock Jumps Amid Brand Realignment Plan

Major U.S. equities indexes edged higher as the latest data from the Bureau of Labor Statistics showed that job openings at the end of April slipped to their lowest level in three years.

10 days ago - Investopedia

Holland America Line Sails Into Summer with Offer of 40% Off Cruise Fares, Onboard Spending Credit and Free Third and Fourth Guests

Book by June 28 for deals on cruises departing through May 2025 SEATTLE , June 4, 2024 /PRNewswire/ -- Travelers looking to plan a summer getaway or book a future vacation next year can take advantage...

10 days ago - PRNewsWire

Carnival Corporation to Strategically Align Portfolio and Absorb P&O Cruises Australia into Carnival Cruise Line

Carnival Cruise Line to boost its capacity by absorbing P&O Cruises Australia in 2025, further optimizing the company's brand portfolio creating operational efficiencies  MIAMI and SYDNEY , June 3, 20...

11 days ago - PRNewsWire

Cunard Names City of Liverpool as Godparent of Queen Anne with Five Liverpudlian Icons

VALENCIA, Calif. , June 3, 2024 /PRNewswire/ -- Cunard is excited to announce the City of Liverpool as Godparent of its newest ship Queen Anne in recognition of the long-lasting bond with its spiritua...

11 days ago - PRNewsWire

Princess Cruises Partners with Pitbull, Jason Aldean, Romero Britto to Introduce Exclusive "Love Line Premium Liquors" Collection

New High-End Wine and Spirits Options Debut on Sun Princess, Rolling Out Fleetwide Included in Princess Premier Package FORT LAUDERDALE, Fla. , May 30, 2024 /PRNewswire/ -- Princess Cruises, the world...

15 days ago - PRNewsWire

Princess Cruises Announces Extended 2025-26 Japan & Southeast Asia Cruise Season

Diamond Princess Returns to the Land of the Rising Sun for Expanded Program Showcasing Beautiful Fall Foliage FT. LAUDERDALE, Fla.

16 days ago - PRNewsWire

Why Are Cruise Stocks Still Dead in the Water?

Carnival, Royal Caribbean and Norwegian have largely recovered from the pandemic, but investors are wary.

Other symbols: NCLHRCL
18 days ago - WSJ

Royal Caribbean and Carnival stocks face this 1 key risk

Cruise stocks are thriving, helped by strong demand and soaring revenue in key countries. Royal Caribbean (NYSE: RCL) stock price has jumped by over 90% while Carnival (LON: CCL) has surged by over 40...

Other symbols: RCL
18 days ago - Invezz

Queen Mary 2 Arrives in New York City with the Eternal Flame Honoring the 80th Anniversary of D-Day

VALENCIA, Calif. , May 23, 2024 /PRNewswire/ -- Cunard's flagship Queen Mary 2 arrived today in New York carrying the Eternal Flame after a seven-day North Atlantic Crossing.

22 days ago - PRNewsWire

Carnival Corporation Honored with Three Prestigious ESG Shipping Awards for 2024

World's largest cruise company recognized for sustainability leadership and impact in environment, social, and governance MIAMI , May 23, 2024 /PRNewswire/ --  Carnival Corporation & plc (NYSE/LSE: CC...

22 days ago - PRNewsWire

7 Stock Picks for A Boring Market

The stock market has risen without much volatility. Quiet days favor stocks such as Citigroup, Comerica, Carnival, ABM, Synchrony, Cleveland Cliffs, and Goodyear, says 22V Research.

Other symbols: ABMCCLFCMAGTSYF
23 days ago - Barrons

Cruise lines are thriving despite inflation and higher booking costs

Even though inflation is still taking a massive bite out of household budgets, demand for cruises has been surging. Many major cruise operators reported record demand in recent weeks.

Other symbols: NCLHRCL
23 days ago - Fox Business

$NCLH, $CCL, $RCL: why are cruise stocks gaining today?

Cruise stocks are in the green at writing after Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) talked of “very strong demand” at its investor conference on Monday.

Other symbols: NCLHRCL
25 days ago - Invezz

Carnival Corporation Rolls Out SpaceX's Innovative Starlink Across Entire Global Fleet, Rivaling the Best Wi-Fi Experiences Available On Land

World's largest cruise company completes expansion of game-changing, high-speed connectivity to 90-plus ships, transforming guest and crew experience Installation further advances company's multi-prov...

4 weeks ago - PRNewsWire

Princess Cruises Adds Historic America Cruisetour Ahead of 250th Anniversary of America

14-Night Land and Cruise Experience Highlights America's Roots with Nation's Capital, Philadelphia, Williamsburg & More FT. LAUDERDALE, Fla.

4 weeks ago - PRNewsWire

Carnival stock has surged, but is CCL still a good buy?

Carnival Corporation's (NYSE: CCL) shareholders have seen substantial gains, with the stock price rising over 52% in the last year, significantly outperforming the S&P 500's 22% increase. This surge m...

4 weeks ago - Invezz

Princess Cruises to Sail Largest-Ever Europe Cruise and Cruisetour Season in 2026

New Sun Princess One of Five to Sail Region  Season Also Features Total Solar Eclipse Cruise - Return to Copenhagen – Plus New Roundtrip Rome Itineraries FT. LAUDERDALE, Fla.

5 weeks ago - PRNewsWire