News articles about Carnival (NYSE:CCL) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Carnival earned a news impact score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.974280510741 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s rankings:
- Carnival Corporation’s (CCL) Q1 Earnings: What’s in Store? (msn.com)
- Reservations Now Open For New Carnival Panorama’s Year-Round Departures From Long Beach (finance.yahoo.com)
- Carnival Corporation (CCL) Market Buzzer Update: – The Stocks News (press release) (thestocksnews.com)
- Analyst’s Predictions on: Starbucks Corporation, (NASDAQ: SBUX), Carnival Corporation, (NYSE: CCL); – TNN (tradingnewsnow.com)
- Carnival Corporation (NYSE:CCL) – Hot Stock’s Highlights – Nasdaq Journal (nasdaqjournal.com)
Shares of Carnival stock opened at $67.06 on Thursday. Carnival has a one year low of $57.09 and a one year high of $72.70. The stock has a market cap of $36,243.54, a price-to-earnings ratio of 17.76, a P/E/G ratio of 1.11 and a beta of 0.80. The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 0.29.
The company also recently declared a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Friday, February 23rd were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.68%. The ex-dividend date was Thursday, February 22nd. Carnival’s dividend payout ratio (DPR) is 22.28%.
A number of equities analysts have weighed in on CCL shares. Zacks Investment Research lowered shares of Carnival from a “hold” rating to a “sell” rating in a report on Tuesday, November 28th. Morgan Stanley upgraded shares of Carnival from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $65.94 to $68.00 in a report on Wednesday, December 6th. Credit Suisse Group set a $72.00 price target on shares of Carnival and gave the company a “hold” rating in a report on Tuesday, December 12th. SunTrust Banks reiterated a “buy” rating and issued a $84.00 price target (up previously from $72.00) on shares of Carnival in a report on Tuesday, December 19th. They noted that the move was a valuation call. Finally, Stifel Nicolaus lifted their target price on shares of Carnival from $79.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, December 20th. Seven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Carnival has a consensus rating of “Buy” and a consensus target price of $73.90.
In other news, CEO Stein Kruse sold 60,665 shares of the business’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $66.59, for a total value of $4,039,682.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Arnaldo Perez sold 15,166 shares of the business’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $66.59, for a total transaction of $1,009,903.94. The disclosure for this sale can be found here. Insiders have sold a total of 333,364 shares of company stock worth $22,422,561 in the last ninety days. 23.80% of the stock is currently owned by insiders.
Carnival Corporation is a leisure travel company. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world. The Company operates in four segments: North America, EAA, Cruise Support and, Tour and Other. The Company’s North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess) and Seabourn.
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