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CCL Stock Chart & Stats
$26.14
$1.06(4.19%)
At close: 4:00 PM EDT
$26.14
$1.06(4.19%)
Day’s Range― - ―
52-Week Range$21.45 - $34.03
Previous CloseN/A
Volume23.02M
Average Volume (3M)24.29M
Market Cap
$37.30B
Enterprise Value$56.64B
Total Cash (Recent Filing)$1.22B
Total Debt (Recent Filing)$25.16B
Price to Earnings (P/E)12.0
Beta1.61
Next Earnings
Dec 18, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield1.62%
Share Statistics
EPS (TTM)2.31
Shares Outstanding1,344,610,100
10 Day Avg. Volume19,134,330
30 Day Avg. Volume24,285,763
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)2.77
Price to Sales (P/S)1.28
P/FCF Ratio13.05
Enterprise Value/Market Cap1.52
Enterprise Value/Revenue2.05
Enterprise Value/Gross Profit6.00
Enterprise Value/Ebitda7.80
Forecast
1Y Price Target
$34.29Price Target Upside31.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)2.25
Revenue Forecast (FY)$27.71B
Bulls Say, Bears Say
Bulls Say
Forward Bookings And DepositsStrong advance bookings, record pricing and rising customer deposits provide meaningful visibility into future revenue. This supports utilization of the fleet, improves planning for capacity deployment, and indicates sustained demand that can reinforce pricing and onboard spending over coming quarters.
Profitability And Cash GenerationThe return to solid profitability and positive operating and free cash flow demonstrates that Carnival’s post-pandemic recovery has translated into internally generated financial resources. Continued cash generation can support fleet investment, debt reduction and shareholder returns while strengthening operating resilience.
Credit Profile ImprovementLower debt than the 2023 peak and investment-grade recognition indicate a materially stronger financing position. Reduced secured borrowing and improved credit access can increase capital-structure flexibility, lower refinancing pressure, and allow more effective allocation of cash toward growth and returns.
Bears Say
High LeverageCarnival remains highly leveraged relative to the cyclical nature of travel demand, despite improvement from prior years. A weaker demand environment or persistently high interest rates could constrain cash available for investment, increase financing costs, and limit flexibility during an operating downturn.
Capital Spending And Cash-Flow PressureThe sharp decline in free cash flow alongside higher expected capital expenditures could reduce the cash available for debt reduction and shareholder returns. Sustained spending on dry docks and other projects also raises execution demands and may keep reported cash conversion below net income.
Fuel And Caribbean Capacity PressureFuel-price exposure can directly pressure margins because cruise operations consume substantial energy, while expanding Caribbean capacity may intensify competition for itineraries and guests. Together, these factors could limit yield growth and require continued cost discipline and deployment management.
Carnival News
CCL FAQ
What was Carnival’s price range in the past 12 months?
Carnival lowest stock price was $21.45 and its highest was $34.03 in the past 12 months.
What is Carnival’s market cap?
Carnival’s market cap is $37.30B.
When is Carnival’s upcoming earnings report date?
Carnival’s upcoming earnings report date is Dec 18, 2026 which is in 50 days.
How were Carnival’s earnings last quarter?
Carnival released its earnings results on Sep 29, 2026. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.354 by $0.076.
Is Carnival overvalued?
According to Wall Street analysts Carnival’s price is currently Undervalued.
Does Carnival pay dividends?
Carnival pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 1.62%. See more information on Carnival dividends here
What is Carnival’s EPS estimate?
Carnival’s EPS estimate is 0.23.
How many shares outstanding does Carnival have?
Carnival has 1,344,610,100 shares outstanding.
What happened to Carnival’s price movement after its last earnings report?
Carnival reported an EPS of $1.43 in its last earnings report, beating expectations of $1.354. Following the earnings report the stock price went up 13.415%.
Which hedge fund is a major shareholder of Carnival?
Currently, no hedge funds are holding shares in CCL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Carnival Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$34.29 (31.17% Upside)
$34.29 (31.17% Upside)
Blogger Sentiment
Bullish
CCL Sentiment 86%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 6.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 3.8%
Last 30 Days ▼ 3.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.19%
12-Months-Change
Fundamentals
Return on Equity
23.91%
Trailing 12-Months
Asset Growth
0.28%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Carnival
Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.
CCL Company Deck
CCL Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. Carnival reported record revenues, yields, net income and deposits; raised full-year EPS guidance; delivered better-than-expected cost and fuel-consumption performance; described forward bookings and onboard spending as robust; and highlighted improving returns, capital returns and an investment-grade credit rating. The main challenges were higher fuel prices, residual first-quarter 2027 booking disruption, temporary loyalty-program accounting headwinds, Caribbean capacity pressure and higher expected capital expenditures.View all CCL earnings summariesCCL Revenue Breakdown
65.43% Passenger ticket
34.57% Onboard and other
CCL Stock 12 Month Forecast
Average Price Target
$34.29
▲(31.17% Upside)
Technical Analysis
Royal Caribbean
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Norwegian Cruise Line
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Lindblad Expeditions Holdings
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OneSpaWorld Holdings
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Viking Holdings
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Ownership Overview
7.28% Insiders
3.77% Mutual Funds
1.03% Other Institutional Investors
63.01% Public Companies and Individual Investors