Carnival Corp (NYSE: CCL): Stock Forecast For 2025 Remains Weak With A Downward Revision Of 35.3%

In the last trading session, 27.56 million shares of the Carnival Corp (NYSE:CCL) were traded, and its beta was 2.56. Most recently the company’s share price was $23.60, and it changed around $1.35 or 6.07% from the last close, which brings the market valuation of the company to $30.63B. CCL currently trades at a discount to its 52-week high of $28.72, offering almost -21.69% off that amount. The share price’s 52-week low was $13.78, which indicates that the current value has risen by an impressive 41.61% since then. We note from Carnival Corp’s average daily trading volume that its 10-day average is 21.96 million shares, with the 3-month average coming to 26.36 million.

Carnival Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.62. If we narrow it down even further, the data shows that 1 out of 32 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 8 recommended CCL as a Hold, whereas 18 deemed it a Buy, and 0 rated it as Underweight.

Carnival Corp (NYSE:CCL) trade information

Instantly CCL has showed a green trend with a performance of 6.07% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 23.67 on recent trading dayincreased the stock’s daily price by 0.3%. The company’s shares are currently down -5.30% year-to-date, but still up 0.90% over the last five days. On the other hand, Carnival Corp (NYSE:CCL) is 26.88% up in the 30-day period. We can see from the shorts that 57.68 million shares have been sold at a short interest cover period of 2.03 day(s).

The consensus price target as assigned by Wall Street analysts is $29, which translates to bulls needing to increase their stock price by 18.62% from its current value. Analyst projections state that CCL is forecast to be at a low of $22 and a high of $32.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -19.76%. Carnival Corp earnings are expected to increase by 31.90% in 2025, but the outlook is positive 20.41% per year for the next five years.

CCL Dividends

Carnival Corp’s next quarterly earnings report is expected to be released on 2025-Mar-20. The average dividend yield for the past five years averaged 4.21 per year.

Carnival Corp (NYSE:CCL)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 7.59% of Carnival Corp shares, and 67.70% of them are in the hands of institutional investors. The stock currently has a share float of 73.26%. Carnival Corp stock is held by 1277.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.985% of the shares, which is about 113.84 million shares worth $2.13 billion.

BLACKROCK INC., with 5.4275% or 68.77 million shares worth $1.29 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 30.76 shares worth $726.01 million, making up 2.64% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 28.12 shares worth around $663.6 million, which represents about 2.41% of the total shares outstanding.

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