Carnival Corporation (CCL)

NYSE
Currency in USD
20.89
+0.97(+4.87%)
Closed
Pre Market
20.85-0.04(-0.19%)
CCL Scorecard
Full Analysis
High shareholder yield
Earnings results expected in 3 days
Fair Value
Day's Range
20.2521.02
52 wk Range
13.7828.72
Key Statistics
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Prev. Close
20.89
Open
20.27
Day's Range
20.25-21.02
52 wk Range
13.78-28.72
Volume
27.69M
Average Volume (3m)
22.86M
1-Year Change
28.47%
Book Value / Share
7.12
Fair Value
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Fair Value Upside
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CCL Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
29.22
Upside
+39.86%
Members' Sentiments
Bearish
Bullish
ProTips
Significant return over the last week
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Carnival Corporation Company Profile

Carnival Corporation & plc, a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents, tour operators, vacation planners, websites, and onboard future cruise consultants. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.

Carnival Corporation SWOT Analysis


Cruise Recovery
Carnival Corporation navigates post-pandemic challenges, focusing on debt reduction and yield growth to capitalize on strong industry demand trends
Financial Maneuvers
Analysts project 24% 3-year EPS CAGR, with estimates reaching $2.59 by 2027, showcasing Carnival's potential for significant financial improvement
Debt Reduction Drive
Explore Carnival's strategy to minimize its $28.88 billion debt burden, aiming to enhance bottom-line performance and long-term financial resilience
Yield Over Capacity
Delve into Carnival's conservative fleet expansion approach, prioritizing yield growth and operational efficiency to drive sustainable profitability
Read full SWOT analysis

Carnival Corporation Earnings Call Summary for Q3/2024

  • Record Q3 2024 revenues of $8B, up $1B YoY; net income surged 60%+ with 10.5% return on invested capital
  • 99% of 2024 ticket revenue secured; projected record EBITDA of $6B; full-year yield guidance adjusted upward
  • Debt reduction: $7.3B prepaid; 2024 net debt-to-EBITDA ratio approaching 4.5x; focus on further reduction
  • 2025 capacity increase of 7%; Sun Princess and Celebration Key launch in July 2025 to boost revenue
  • Strong 2025/2026 bookings with higher occupancy and pricing; new-to-cruise segment grew 17% YoY
Last Updated: 10/01/2024, 05:50 PM
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Compare CCL to Peers and Sector

Metrics to compare
CCL
Peers
Sector
Relationship
P/E Ratio
14.1x5.0x10.5x
PEG Ratio
0.010.320.02
Price/Book
2.9x3.0x1.4x
Price / LTM Sales
1.1x0.7x0.9x
Upside (Analyst Target)
48.5%47.7%27.6%
Fair Value Upside
Unlock25.0%10.1%Unlock

Analyst Ratings

22 Buy
6 Hold
2 Sell
Ratings:
30 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 29.22
(+39.86% Upside)

Earnings

Latest Release
Dec 20, 2024
EPS / Forecast
0.14 / 0.07
Revenue / Forecast
5.94B / 5.91B
EPS Revisions
Last 90 days

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FAQ

What Is the Carnival Corp (CCL) Stock Price Today?

The Carnival Corp stock price today is 20.89

What Stock Exchange Does Carnival Corp Trade On?

Carnival Corp is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Carnival Corp?

The stock symbol for Carnival Corp is "CCL."

What Is the Carnival Corp Market Cap?

As of today, Carnival Corp market cap is 24.52B.

What is Carnival Corp Earnings Per Share?

The Carnival Corp EPS is 1.50.

What Is the Next Carnival Corp Earnings Date?

Carnival Corp will release its next earnings report on Mar 20, 2025.

From a Technical Analysis Perspective, Is CCL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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