Brokers Set Expectations for Carnival Co. & Q1 Earnings

Carnival Co. & plc (NYSE:CCL) – Investment analysts at William Blair issued their Q1 2025 EPS estimates for shares of Carnival Co. & in a research report issued on Monday, December 23rd. William Blair analyst S. Zackfia anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.33 per share. William Blair also issued estimates for Carnival Co. &’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $0.18 EPS, FY2025 earnings at $1.72 EPS and FY2026 earnings at $1.95 EPS.

CCL has been the subject of several other research reports. Bank of America increased their price objective on Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Barclays lifted their price objective on Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday. Truist Financial raised their target price on Carnival Co. & from $20.00 to $29.00 and gave the company a “hold” rating in a research note on Monday, December 2nd. Tigress Financial lifted their price target on Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 7th. Finally, Stifel Nicolaus increased their price target on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and an average price target of $26.85.

Carnival Co. & Trading Up 0.2 %

NYSE:CCL opened at $25.79 on Tuesday. The firm has a market capitalization of $29.77 billion, a P/E ratio of 23.03 and a beta of 2.67. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a fifty day moving average of $24.14 and a 200 day moving average of $19.59. Carnival Co. & has a 52 week low of $13.78 and a 52 week high of $27.17.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.06. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue was up 10.0% compared to the same quarter last year.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the sale, the director now directly owns 65,789 shares of the company’s stock, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.00% of the stock is currently owned by insiders.

Institutional Trading of Carnival Co. &

Institutional investors have recently made changes to their positions in the business. State Street Corp increased its holdings in shares of Carnival Co. & by 5.9% in the third quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after purchasing an additional 2,301,906 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Carnival Co. & during the second quarter worth approximately $466,838,000. Geode Capital Management LLC raised its position in Carnival Co. & by 3.5% during the third quarter. Geode Capital Management LLC now owns 24,027,160 shares of the company’s stock valued at $442,515,000 after purchasing an additional 811,692 shares during the period. Marshall Wace LLP boosted its holdings in shares of Carnival Co. & by 510.5% in the 2nd quarter. Marshall Wace LLP now owns 10,331,092 shares of the company’s stock worth $193,398,000 after purchasing an additional 8,638,865 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Carnival Co. & by 43.6% during the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company’s stock valued at $179,435,000 after purchasing an additional 2,911,100 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.