Carnival Corp (NYSE:CCL)’s traded shares stood at 2.95 million during the latest session, with the company’s beta value hitting 2.67. At the last check today, the stock’s price was $25.04, to imply a decrease of -2.42% or -$0.62 in intraday trading. The CCL share’s 52-week high remains $27.17, putting it -8.51% down since that peak but still an impressive 44.97% since price per share fell to its 52-week low of $13.78. The company has a valuation of $31.38B, with an average of 22.46 million shares in intraday trading volume over the past 10 days and average of 25.19 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Carnival Corp (CCL), translating to a mean rating of 1.69. Of 25 analyst(s) looking at the stock, 1 analyst(s) give CCL a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 20 recommend it as a Buy.
Carnival Corp (NYSE:CCL) trade information
After registering a -2.42% downside in the latest session, Carnival Corp (CCL) has traded red over the past five days. The 5-day price performance for the stock is -0.56%, and -1.18% over 30 days. With these gigs, the year-to-date price performance is 35.06%. Short interest in Carnival Corp (NYSE:CCL) saw shorts transact 66.94 million shares and set a 3.02 days time to cover.
The extremes give us $16.5 and $29 for target low and target high price respectively. As such, CCL has been trading -15.81% off suggested target high and 34.11% from its likely low.
Carnival Corp (CCL) estimates and forecasts
Looking at statistics comparing Carnival Corp share performance against respective industry, we note that the company has outperformed competitors. Carnival Corp (CCL) shares are 33.76% up over the last 6 months, with its year-to-date growth rate higher than industry average at 22.54% against 6.60%.
CCL Dividends
Carnival Corp has its next earnings report out in January. 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. The company’s average dividend yield trailing the past 5-year period is 4.21%.
Carnival Corp (NYSE:CCL)’s Major holders
Carnival Corp insiders hold 7.64% of total outstanding shares, with institutional holders owning 62.19% of the shares at 67.34% float percentage. In total, 62.19% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 113.84 million shares (or 8.985% of shares), all amounting to roughly $2.13 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 68.77 million shares, or about 5.4275% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.29 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Carnival Corp (CCL) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 30.26 shares. This is just over 2.62% of the total shares, with a market valuation of $756.55 million. Data from the same date shows that the other fund manager holds a little less at 26.46, or 2.29% of the shares, all valued at about 661.43 million.
