Carnival Corp. (NYSE:CCL) has a beta value of 2.70 and has seen 5.02 million shares traded in the recent trading session. The company, currently valued at $25.51B, closed the recent trade at $20.13 per share which meant it lost -$0.3 on the day or -1.47% during that session. The CCL stock price is -3.38% off its 52-week high price of $20.81 and 46.15% above the 52-week low of $10.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 41.22 million shares traded. The 3-month trading volume is 28.67 million shares.
The consensus among analysts is that Carnival Corp. (CCL) is Buy stock at the moment, with a recommendation rating of 1.69. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 25 have rated it as a Hold, with 20 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.06.
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Carnival Corp. (NYSE:CCL) trade information
Sporting -1.47% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CCL stock price touched $20.13 or saw a rise of 3.27%. Year-to-date, Carnival Corp. shares have moved 8.58%, while the 5-day performance has seen it change 11.77%. Over the past 30 days, the shares of Carnival Corp. (NYSE:CCL) have changed 16.63%. Short interest in the company has seen 67.82 million shares shorted with days to cover at 2.38.
Wall Street analysts have a consensus price target for the stock at $22, which means that the shares’ value could jump 8.5% from the levels at last check today.. The projected low price target is $16.5 while the price target rests at a high of $38.0. In that case, then, we find that the latest price level in today’s session is -88.77% off the targeted high while a plunge would see the stock lose 18.03% from the levels at last check today..
Carnival Corp. (CCL) estimates and forecasts
The company’s shares have gained 43.17% over the past 6 months, compared to 8.90% for the industry. Revenue growth from the last financial year stood is estimated to be 15.80%.
14 analysts offering their estimates for the company have set an average revenue estimate of 5.92B for the current quarter. 8 have an estimated revenue figure of 5.68B for the next ending quarter.
CCL Dividends
Carnival Corp. is expected to release its next earnings report on 2024-Dec-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Carnival Corp. (NYSE:CCL)’s Major holders
Insiders own 7.64% of the company shares, while shares held by institutions stand at 62.07% with a share float percentage of 67.20%. Investors are also buoyed by the number of investors in a company, with Carnival Corp. having a total of 1170.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 113.84 million shares worth more than $2.13 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.985% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 68.77 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.29 billion and represent 5.4275% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . As of Jun 30, 2024 , the former fund manager holds about 2.78% shares in the company for having 32.04 shares of worth $642.37 million while later fund manager owns 25.92 shares of worth $519.78 million as of Jun 30, 2024 , which makes it owner of about 2.25% of company’s outstanding stock.
