CCL - Carnival Corporation & Plc
15.98 +0.24 (1.52%)
After hours: 5:18PM EDT
Chart Events
Short-term KST
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 15.93 |
| Open | 15.23 |
| Bid | 15.77 x 2200 |
| Ask | 15.85 x 1200 |
| Day's Range | 15.00 - 15.92 |
| 52 Week Range | 7.80 - 53.86 |
| Volume | 45,683,257 |
| Avg. Volume | 69,095,158 |
| Market Cap | 12.312B |
| Beta (5Y Monthly) | 1.96 |
| PE Ratio (TTM) | 5.78 |
| EPS (TTM) | 2.72 |
| Earnings Date | Sep 25, 2019 - Sep 30, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Feb 20, 2020 |
| 1y Target Est | 23.83 |
Fair Value
Related Research
- Motley Fool
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Sank Today
Cruise-ship stocks gave up some of their recent gains on Thursday. Shares of Carnival (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) fell 7.6%, 4.8%, and 8.6%, respectively. Many travel-related companies saw their stock prices rally as the markets resumed trading after Memorial Day weekend.
- Bloomberg
$1 Trillion of Corporate Bonds Today, Downgrades Tomorrow
(Bloomberg Opinion) -- The amount of new debt issued this year in the U.S. investment-grade corporate bond market will reach $1 trillion today, by far the fastest pace in history. The implications of that milestone depend on how you look at it.For businesses that had been ravaged by the coronavirus pandemic and the ensuing nationwide lockdowns, access to capital markets was a lifeline to get through the worst of the economic collapse. Sure, Carnival Corp. had to offer interest rates like a junk-rated borrower and Boeing Co. needed to include a so-called coupon step-up provision to offset jitters that it could lose its investment grades. But, in the words of Federal Reserve Chair Jerome Powell, these deals avoided turning “liquidity problems into solvency problems” for brand-name American companies.It’s worth remembering that until the Fed stepped in with extraordinary support for credit markets, averting widespread failures was far from guaranteed. Investors pulled a staggering $35.6 billion and $38 billion from investment-grade funds in the weeks ended March 18 and March 25, respectively. Before 2020, the previous record was $5.1 billion of outflows. I wrote on March 19 that bond markets were veering into a vicious cycle that could get ugly in a hurry — four days later, the Fed announced what would end up becoming a $750 billion backstop for corporate America.Now, the Fed hasn’t actually had to buy any individual bonds yet, a fact that Powell seems proud to share. “We may have to be lending money to those companies, but even better, they can borrow themselves now, and a lot of that has been happening and that’s a really good thing,” he said during May 19 testimony before the Senate Banking Committee.Most people would probably agree with that assessment, at least for the immediate future as the country grapples with restarting the world’s largest economy. But what about the longer-term view?Here, the rampant borrowing paints a more sobering picture. As of late April, 1,287 issuers worldwide rated between AAA and B- by S&P Global Ratings were considered at risk of a potential downgrade, up from 860 in March and 649 in February. That surpasses the previous all-time high set in 2009. “Generally, we expect heavy credit erosion in coming months as issuers, especially those in the lower-rated spectrum come under heavy fire from poor earnings, continued difficulties in managing cost structures, and market volatility creating limited funding opportunities,” said Sudeep Kesh, head of S&P’s credit markets research.That’s bad enough, but doesn’t even strike at the heart of the issue. Last year was supposed to be the beginning of a broad “debt diet” among companies that borrowed huge sums to finance mergers and acquisitions during the longest expansion in U.S. history. That didn’t end up taking place on a wide scale. Even a success story like AT&T Inc., which made headway in trimming its debt stack, still found itself back in the bond market recently, borrowing $12.5 billion on May 21 in what was the biggest deal since Boeing’s $25 billion blockbuster offering.When it comes to companies directly impacted by the coronavirus pandemic or structural changes to their industries, the “big three” of S&P, Moody’s Investors Service and Fitch Ratings haven’t shied away from taking action. Ford Motor Co., Kraft Heinz Co., Macy’s Inc. and Occidental Petroleum Corp. are just a few of the “fallen angels” that lost their investment grades earlier this year.The rating companies haven’t been quite as keen to react to high leverage metrics. I frequently refer back to this feature from Bloomberg News’s Molly Smith and Christopher Cannon, which found that of the 50 biggest corporate acquisitions in the five years through October 2018, more than half of the acquiring companies increased their leverage to a level that would seemingly merit a junk rating but remained investment grade on the assumption that they’d take that leverage down in the coming years. Those expectations seemed ambitious in 2018, when the economy was seemingly invincible. Now, no one can truly expect companies to focus on right-sizing their debt. Corporate leaders are rightfully eager to raise cash to get to the other side of the pandemic, especially with all-in yields not far off from record lows. The vast majority of the $1 trillion in borrowing so far this year was by no means imprudent.In the years ahead, however, the overhang from this issuance spree will inevitably weigh down credit ratings. A company with more debt presents a greater risk of missed interest payments than if it had fewer fixed obligations. Fortunately, for much of the previous expansion, firms had no issue finding investors willing to buy their long-term securities. That practice of rolling over debt and extending maturities might very well be the norm in the months and years ahead, too. Still, if the first five months of 2020 are any indication, investment-grade bondholders will have to get comfortable with even more bloated balance sheets and the prospect of further credit downgrades. For better or worse, with the confidence that the Fed has their back, that seems like a risk investors are willing to take.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
Should You Buy Cruise Stocks? Know the Risks
Royal Caribbean, Carnival, and Norwegian cruise lines may survive the coronavirus pandemic -- but they may not.
- ACCESSWIRE
FIRST FIRM TO INVESTIGATE ALERT: The Schall Law Firm Announces it is Investigating Claims Against Carnival Corporation & Plc and Encourages Investors with Losses of $500,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 29, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Carnival Corporation & Plc ("Carnival" or "the Company") (NYSE:CCL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
- PR Newswire
ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Announces Filing of Securities Class Action Lawsuit Against Carnival Corporation & Plc; Encourages Investors with Losses in Excess of $100k to Contact the Firm - CCL, CUK
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL) (NYSE: CUK) between January 28, 2020 and May 1, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Carnival investors under the federal securities laws.
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Brookdale Senior Living Inc. and Encourages Investors with Losses of $100,000 to Contact the FirmBusiness Wire
- ZM ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 8, 2020 in the Class Action Filed on Behalf of Zoom Video Communications, Inc. Limited ShareholdersNewsfile
- PR Newswire
CCL INVESTOR LAWSUIT ALERT: Bernstein Liebhard Announces that a Securities Class Action Lawsuit has been Filed Against Carnival Corporation
Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Carnival Corporation ("Carnival" or the "Company") (NYSE:CCL) between January 28, 2020 and May 1, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the Southern District of Florida alleges violations of the Securities Exchange Act of 1934.
- Tufin Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Tufin Software Technologies Ltd. To Contact The FirmNewsfile
- HF Foods Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In HF Foods Group Inc. To Contact The FirmNewsfile
- Business Wire
COMPLAINT FILED AGAINST CARNIVAL CRUISE LINE OVER COVID: Nationally Ranked Litigation Firm Labaton Sucharow Announces Complaint and Strongly Encourages Investors with Losses of $100,000 or More to Contact The Firm
Labaton Sucharow LLP, a leading and award winning investor rights law firm, announces a securities class action complaint has been filed on behalf of purchasers of Carnival Cruise Line (Ticker: CCL) securities resulting from allegations that Carnival may have issued materially misleading business information to the investing public.
- Business Wire
CCL INVESTOR ALERT: Bernstein Liebhard Announces that a Securities Class Action Lawsuit has been Filed Against Carnival Corporation
Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Carnival Corporation ("Carnival" or the "Company") (NYSE:CCL) between January 28, 2020 and May 1, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the Southern District of Florida alleges violations of the Securities Exchange Act of 1934.
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Mesa Air Group Incorporated of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 1, 2020 - MESANewsfile
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Hallmark Financial Services, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 6, 2020 - HALLNewsfile
- Business Wire
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc
- PR Newswire
CCL; CUK Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Carnival Corporation & Plc and Encourages Investors to Contact the Firm
Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Carnival Corporation & Plc ("Carnival" or "the Company") (NYSE: CCL; CUK) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Carnival securities between January 28, 2020 through May 1, 2020, inclusive (the ''Class Period''). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/ccl.
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Liberty Oilfield Services, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 2, 2020 - LBRTNewsfile
- Gossamer Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Gossamer Bio, Inc. To Contact The FirmNewsfile
- GlobeNewswire
CARNIVAL DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Carnival Corporation & Plc To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Carnival Corporation & Plc (“Carnival” or the “Company”) (CCL) of the July 27, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Carnival stock or options between January 28, 2020 and May 1, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/CCL.
- Business Wire
CARNIVAL ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Carnival Corporation & Plc and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Florida on behalf of investors that purchased Carnival Corporation & Plc (NYSE: CCL) securities between January 28, 2020 and May 1, 2020 (the "Class Period"). Investors have until July 27, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Fifth Third Bancorp of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 8, 2020 - FITBNewsfile
- CCL INVESTOR LAWSUIT ALERT: Bernstein Liebhard Announces that a Securities Class Action Lawsuit has been Filed Against Carnival CorporationPR Newswire
- ACCESSWIRE
COMPLAINT FILED AGAINST CARNIVAL CRUISE LINE OVER COVID: Nationally Ranked Litigation Firm Labaton Sucharow Strongly Encourages Investors WITH Losses of $100,000 or More to Contact The Firm and Announces Complaint on Behalf of Stock, Options, and Derivative Purchasers
NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Labaton Sucharow LLP, a leading and award winning investor rights law firm, announces a securities class action complaint has been filed on behalf of purchasers of Carnival Cruise Line (CCL) securities resulting from allegations that Carnival may have issued materially misleading business information to the investing public. Carnival is purported to be the world's largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries. The company claims to be the largest cruise company, carrying nearly 45 percent of global cruise guests, and a leading provider of vacations to all major cruise destinations throughout the world.
- PR Newswire
Seabourn Invites Guests To Rediscover Extraordinary Worlds With Introduction Of New "Early Bonus Savings" Promotion Available Through July 2020
Seabourn, the world's finest ultra-luxury travel experience, is inviting guests to rediscover "Extraordinary Worlds" and take advantage of additional savings with its new "Early Bonus Savings" promotion. Guests who pay their booking in full by July 31, 2020, will receive an additional 10 percent savings off the base cruise fare. The promotion applies to select voyages through 2021 on the line's award-winning fleet of ultra-luxury ships.
- GlobeNewswire
ROSEN, LEADING TRIAL ATTORNEYS, Announces Filing of Securities Class Action Lawsuit Against Carnival Corporation & Plc; Encourages Investors with Losses in Excess of $100k to Contact the Firm – CCL, CUK
NEW YORK, May 28, 2020 -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of.
- Business Wire
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc.
FINAL DEADLINE TUESDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Liberty Oilfield Services Inc. and Encourages Investors with Losses to Contact the FirmACCESSWIRE- iQIYI Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In iQIYI, Inc. To Contact The FirmNewsfile
- Business Wire
EQUITY ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Announces Filing of Securities Class Action Lawsuit Against Carnival Corporation & Plc; Encourages Investors with Losses in Excess of $100k to Contact the Firm – CCL, CUK
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL, CUK) between January 28, 2020 and May 1, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Carnival investors under the federal securities laws.
- GlobeNewswire
Pomerantz Law Firm Announces the Filing of a Class Action against Carnival Corporation and Certain Officers – CCL
Pomerantz LLP announces that a class action lawsuit has been filed against Carnival Corporation (“Carnival” or the “Company”) (CCL) and certain of its officers. The class action, filed in United States District Court for the Southern District of Florida, and docketed under 20-cv-22202, is on behalf of a class consisting of investors who purchased or otherwise, acquired Carnival common stock and securities between January 28, 2020, and May 1, 2020, inclusive (the “Class Period”), seeking to pursue remedies against Carnival and certain of its officers under the Securities Exchange Act of 1934 (the “Exchange Act”).
- GlobeNewswire
Barrack, Rodos & Bacine Announces Securities Class Action Lawsuit Against Carnival Corporation With Class Period From January 28, 2020 Through May 1, 2020
Barrack, Rodos & Bacine has commenced a securities class action titled Service Lamp Corporation Profit Sharing Plan v. Carnival Corporation, et al., No. 1:20-cv-22202 in the United States District Court for the Southern District of Florida. The action alleges that Carnival, Arnold W. Donald, Carnival's president and chief executive officer, and the Company's chief financial officer, David Bernstein, made a series of false and misleading statements and concealed material information relating to the Company’s adherence to its health and safety protocols in the wake of the COVID-19 pandemic, Carnival’s role in facilitating the transmission of the virus, and the Company’s violations of port-of-call regulations.
- Investopedia
Top Consumer Discretionary Stocks for June 2020
These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for June 2020.
- Motley Fool
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Jumped -- Then Slumped -- Wednesday
In the first few minutes of trading Wednesday, shares of Norwegian Cruise Line Holdings (NYSE: NCLH), Carnival Corporation (NYSE: CCL), and Royal Caribbean (NYSE: RCL) rushed forward in near lockstep, rising 11.3%, 11.5%, and 11.6% -- but the rally didn't last the hour. Seems investors can't make up their minds what's going on with the cruise industry today. Clearly cruise stocks are moving as a group, and not based on how investors weigh their individual merits -- which isn't surprising.
- MarketWatch
Stocks open higher as investors eye re-opening economies
U.S. stocks were mostly higher at the open Wednesday, looking for a second straight session of gains, on growing optimism that governments around the world will be able to loosen lockdown measures in place to combat the coronavirus pandemic. The Dow Jones Industrial Average opened about 351 points, 1.4%, higher, near 25,347, while the S&P 500 jumped about 28 points or .9% to open near 3,019. The Nasdaq Composite Index was about 13 points or 0.1% higher, opening near 9,353. Travel operators like Carnival Cruise Lines and Delta Airlines Inc. roared higher, but tech heavyweights like Amazon.com Inc. sold off as investors looked to beaten-down stocks for better values.
- MarketWatch
Carnival's AIDA Cruises extends pause of operations through July, stock soars again
Carnival Corp. said Friday that it's Germany-based AIDA Cruises was extending its pause of operations through July 31, as regulations regarding restarting international tourism in many of AIDA's destinations, amid the COVID-19 pandemic, have not yet been fully clarified. The company said it will reimburse all guests who have had their cruises cancelled, and will offer a 10% bonus on top of what has been paid for those receiving a travel credit. The bonus can be used for booking until the end of 2021. Carnival's stock soared 11.7% in premarket trading, after jumping 12.6% on Tuesday, amid growing optimism about easing of COVID-19-related lockdowns. The stock was still down 48.9% over the past three months through Tuesday, while the S&P 500 has gained 0.4%.
- Motley Fool
How I Pick Approved Needles in a Vaccine Haystack
In the last few weeks, bio-tech companies of all sizes have made impressive strides toward a vaccine. Many dozens of approaches are being taken, most will fail. With a future potential coronavirus inoculation carrying such an overwhelmingly positive public utility, which company will win? Choosing from the companies racing to the finish line is quite difficult, and also risky.
- PR Newswire
AIDA Cruises Extends Pause in Operations until July 31, 2020
AIDA Cruises appreciates the current international efforts to normalize tourism and naturally work intensively on detailed plans regarding the speedy restart of AIDA cruises. In doing so, AIDA considers the imminent re-openings of the European tourist traffic. The protection of guests and crewmembers' health are thereby AIDA's top priority at any time. For this purpose, AIDA is in close coordination with the different national and international authorities and health organizations.
