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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$23.08 - $34.03
Previous CloseN/A
Volume23.02M
Average Volume (3M)18.72M
Market Cap
$32.20B
Enterprise Value$62.89K
Total Cash (Recent Filing)$2.24B
Total Debt (Recent Filing)$26.17B
Price to Earnings (P/E)10.2
Beta1.68
Next Earnings
Sep 17, 2026EPS Estimate
1.35Next Dividend Ex-DateN/A
Dividend Yield1.91%
Share Statistics
EPS (TTM)2.31
Shares Outstanding1,369,649,200
10 Day Avg. Volume20,592,009
30 Day Avg. Volume18,716,280
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$33.12Price Target Upside26.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)2.24
Revenue Forecast (FY)$27.62B
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Cash GenerationCarnival’s recovery has translated into substantial profitability and positive free cash flow, demonstrating that the core cruise model is again generating meaningful internal funding. This supports fleet investment, destination development, debt reduction, and shareholder returns over the next several quarters.
Record Bookings And Pricing PowerRecord deposits, high advance occupancy, and pricing above prior levels indicate strong customer demand and effective commercial execution. Forward visibility should support revenue and utilization, while disciplined inventory management can help Carnival sustain yields and operating leverage.
Loyalty Program Strengthens Customer MonetizationA broader loyalty ecosystem can encourage repeat bookings, deepen customer engagement, and increase spending on cruises and onboard experiences. Linking rewards with everyday card usage also creates more frequent brand interaction and may improve long-term retention and ancillary monetization.
Bears Say
Elevated Leverage Limits Financial FlexibilityAlthough leverage has improved materially, Carnival still carries a large debt burden relative to its equity base. High obligations can absorb cash through interest and refinancing needs, limiting flexibility to fund growth or withstand weaker travel demand during a cyclical downturn.
Revenue Growth Has Moderated And Remains UnevenThe normalization from exceptional post-reopening growth leaves Carnival more dependent on steady pricing, occupancy, and onboard spending to expand earnings. Uneven annual growth can increase sensitivity to demand cycles and makes sustained improvement less predictable than the earlier rebound.
High Fixed-cost And External-factor SensitivityCarnival’s capital-intensive operating model creates substantial fixed costs that are difficult to reduce quickly when ships sail below optimal occupancy. Fuel, port, regulatory, currency, and travel-demand changes can therefore produce meaningful margin volatility even when bookings remain healthy.
Carnival News
CCL FAQ
What was Carnival’s price range in the past 12 months?
Carnival lowest stock price was $23.07 and its highest was $34.03 in the past 12 months.
What is Carnival’s market cap?
Carnival’s market cap is $32.20B.
When is Carnival’s upcoming earnings report date?
Carnival’s upcoming earnings report date is Sep 17, 2026 which is in 10 days.
How were Carnival’s earnings last quarter?
Carnival released its earnings results on Jun 23, 2026. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.344 by $0.066.
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 1.91%. See more information on Carnival dividends here
What is Carnival’s EPS estimate?
Carnival’s EPS estimate is 1.35.
How many shares outstanding does Carnival have?
Carnival has 1,369,649,200 shares outstanding.
What happened to Carnival’s price movement after its last earnings report?
Carnival reported an EPS of $0.41 in its last earnings report, beating expectations of $0.344. Following the earnings report the stock price went down -4.868%.
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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$33.12 (26.70% Upside)
$33.12 (26.70% Upside)
Blogger Sentiment
Bullish
CCL Sentiment 87%
Sector Average 56%
Sector Average 56%
Hedge Fund Trend
Increased
By 6.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-24.78%
12-Months-Change
Fundamentals
Return on Equity
1.91%
Trailing 12-Months
Asset Growth
2.08%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and financial outperformance: record revenue metrics, solid yield and booking momentum (including strong early 2027 bookings), meaningful cost management wins, improved fuel efficiency and a stronger leverage profile that enabled material share repurchases and continued investment in fleet and destinations. These positives were partially offset by transitory but meaningful headwinds from the prolonged Middle East conflict that pressured yields—primarily in Europe—elevated fuel and travel costs, and produced short‑term demand disruption. Management characterizes the yield impact as temporary and emphasized durable structural improvements (commercial capabilities, disciplined fleet strategy, destination assets, and permanent cost savings). Given the breadth and magnitude of operational and balance-sheet gains relative to the described transitory disruptions, the overall tone is constructive.View all CCL earnings summariesCCL Revenue Breakdown
65.43% Passenger ticket
34.57% Onboard and other
CCL Stock 12 Month Forecast
Average Price Target
$33.12
▲(26.70% Upside)
Technical Analysis
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Ownership Overview
7.15% Insiders
3.70% Mutual Funds
14.19% Other Institutional Investors
50.37% Public Companies and Individual Investors