Boom Or Bust: Where Is Carnival Corp. (NYSE: CCL) Stock Headed Next?

Carnival Corp. (NYSE:CCL)’s traded shares stood at 23.0 million during the last session, with the company’s beta value hitting 2.55. At the close of trading, the stock’s price was $14.18, to imply an increase of 0.42% or $0.06 in intraday trading. The CCL share’s 52-week high remains $19.74, putting it -39.21% down since that peak but still an impressive 38.65% since price per share fell to its 52-week low of $8.70. The company has a valuation of $17.97B, with an average of 33.06 million shares over the past 3 months.

Carnival Corp. (NYSE:CCL) trade information

After registering a 0.42% upside in the last session, Carnival Corp. (CCL) has traded red over the past five days. The stock hit a weekly high of 14.76, jumping 0.42% in its intraday price action. The 5-day price performance for the stock is -5.28%, and -11.82% over 30 days. With these gigs, the year-to-date price performance is -23.52%.

Carnival Corp. (CCL) estimates and forecasts

Revenue is forecast to grow 93.50% this quarter before jumping 27.90% for the next one. The rating firms project that company’s revenue will grow 13.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is $5.67 billion. Meanwhile, for the quarter ending Aug 2024, a total of 15 analyst(s) estimate revenue growth to $7.75 billion.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

CCL Dividends

Carnival Corp. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Carnival Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.