Carnival plc ADR (NYSE: CUK) Surprises The Bears, Looks Good Going Forward

In today’s recent session, 1.29 million shares of the Carnival plc ADR (NYSE:CUK) have been traded, and its beta is 2.75. Most recently the company’s share price was $18.03, and it changed around $0.85 or 4.98% from the last close, which brings the market valuation of the company to $2.61B. CUK at last check was trading at a discount to its 52-week high of $17.95, offering almost 0.44% off that amount. The share price’s 52-week low was $9.77, which indicates that the recent value has risen by an impressive 45.81% since then. We note from Carnival plc ADR’s average daily trading volume that its 10-day average is 2.39 million shares, with the 3-month average coming to 1.96 million.

Carnival plc ADR (NYSE:CUK) trade information

Instantly CUK has been showing a green trend so far today with a performance of 4.98% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 18.05 on recent trading dayincreased the stock’s daily price by 0.11%. The company’s shares are currently up 6.97% year-to-date, but still up 12.93% over the last five days. On the other hand, Carnival plc ADR (NYSE:CUK) is 23.44% up in the 30-day period. We can see from the shorts that 3.86 million shares have been sold at a short interest cover period of 2.84 day(s).

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Carnival plc ADR (CUK) estimates and forecasts

The year-over-year growth rate is expected to be 15.50%, up from the previous year.

CUK Dividends

Carnival plc ADR’s next quarterly earnings report is expected to be released in November. The average dividend yield for the past five years averaged 4.56 per year.

Carnival plc ADR (NYSE:CUK)’s Major holders

Upon looking at major shareholders, 26.78% of them are in the hands of institutional investors. The stock currently has a share float of 26.78%. Carnival plc ADR stock is held by 119.0 institutions, with ARISTEIA CAPITAL LLC being the largest institutional investor. By 2024-06-30, it held 0.8629% of the shares, which is about 10.93 million shares worth $188.26 million.

MIRABELLA FINANCIAL SERVICES LLP, with 0.3373% or 4.27 million shares worth $64.33 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Goldman Sachs International Small Cap Insights Fund and Avantis International Equity ETF were the top two Mutual Funds as of Jul 31, 2024. The former held 521.57 shares worth $9.41 million, making up 0.36% of all outstanding shares. On the other hand, Avantis International Equity ETF held roughly 74.02 shares worth around $1.33 million, which represents about 0.05% of the total shares outstanding.