NCLH - Norwegian Cruise Line Holdings Ltd.

NYSE - NYSE Delayed Price. Currency in USD
55.00
+0.84 (+1.55%)
At close: 4:03PM EST

55.00 0.00 (0.00%)
After hours: 4:31PM EST

Stock chart is not supported by your current browser
Previous Close54.16
Open54.82
Bid55.08 x 1000
Ask55.55 x 800
Day's Range54.42 - 55.64
52 Week Range45.64 - 59.78
Volume1,378,300
Avg. Volume1,587,182
Market Cap11.702B
Beta (5Y Monthly)1.69
PE Ratio (TTM)12.46
EPS (TTM)4.41
Earnings DateFeb 18, 2020 - Feb 23, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est66.50
  • How Carnival is using tech on its cruise lines
    Yahoo Finance Video

    How Carnival is using tech on its cruise lines

    Carnival Corporation has found an innovative way to better the on-board customer experience. Yahoo Finance's Julia La Roche breaks down her interview with Carnival CEO Arnold Donald, with Zack Guzman, Emily McCormick and Marcum LLP Chairman & CEO, Jeffrey Weiner.

  • American City Business Journals

    Cruise stocks fall as Carnival, Royal Caribbean, Norwegian cancel trips due to Coronavirus outbreak

    Doral-based Carnival Corp.'s (NYSE: CCL) and Miami-based Royal Caribbean Cruises Ltd. (NYSE: RCL) stock prices have plummeted by double digits over the past week. In the same time frame, the stock price for Miami-based Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) dropped by more than 9%. The change in each company's stock price from market close Jan. 17 to market close Jan. 27: Carnival Corp. – $51.90 to $45.27 per share, down 12.8% Royal Caribbean Cruises Ltd. – $135.01 to $116.91, down 13.4% Norwegian Cruise Line Holdings Ltd. – $59.64 to $54.14, down 9.2% A representative from Carnival Corp. told the Business Journal that subsidiary Costa Cruises has canceled nine departures across four different vessels.

  • Leisure & Recreation Services Industry Near-Term Outlook Dull
    Zacks

    Leisure & Recreation Services Industry Near-Term Outlook Dull

    Leisure & Recreation Services Industry Near-Term Outlook Dull

  • What's in Store for Royal Caribbean's (RCL) Q4 Earnings?
    Zacks

    What's in Store for Royal Caribbean's (RCL) Q4 Earnings?

    Higher passenger ticket revenues, and onboard and other revenues are anticipated to drive Royal Caribbean's (RCL) fourth-quarter performance.

  • Wynn Resorts (WYNN) to Report Q4 Earnings: What's in Store?
    Zacks

    Wynn Resorts (WYNN) to Report Q4 Earnings: What's in Store?

    Wynn Resorts (WYNN) fourth-quarter performance is likely to have benefited from robust performance of Las Vegas operations.

  • Why Norwegian Cruise Line (NCLH) Could Beat Earnings Estimates Again
    Zacks

    Why Norwegian Cruise Line (NCLH) Could Beat Earnings Estimates Again

    Norwegian Cruise Line (NCLH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Alaska cruises expected to bring 100,000 more visitors to Seattle this year
    American City Business Journals

    Alaska cruises expected to bring 100,000 more visitors to Seattle this year

    Bigger ships and instability in the Middle East will bring more cruise enthusiasts to Seattle this summer for Alaska trips, generating an estimated $14.5 million in statewide taxes.

  • GlobeNewswire

    Norwegian Cruise Line Holdings Ltd. Strengthens Commitment to ESG Efforts with Expanded Leadership Team

    Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Company”) (NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today reinforced its commitment to advancing the Company’s Environmental, Social and Governance (ESG) strategy with the creation of a new function focusing exclusively on ESG initiatives. The department will be led by long-time Company leader and cruise industry veteran Andrea DeMarco who was recently appointed Senior Vice President, ESG, Investor Relations and Corporate Communications.

  • American City Business Journals

    Cruise companies seek dismissal of lawsuits over doing business in Cuba

    Two South Florida-based cruise companies were successful in having lawsuits against them regarding doing business in Cuba dismissed this month, while another two travel companies are awaiting decisions from the judge. Kentucky-based Havana Docks Corp. filed lawsuits against Norwegian Cruise Line Holdings, Carnival Corp., Royal Caribbean Cruises Ltd. and MSC Cruises USA last year for using property that was confiscated by the Cuban government after the 1959 takeover led by communist revolutionary Fidel Castro. Havana Docks Corp. accused the companies of conducting business using docks taken from them by the Castro regime during the years U.S. companies were allowed to conduct cruises between the U.S. and Cuba from 2016 to 2019.

  • GlobeNewswire

    Norwegian Cruise Line Holdings Ltd. Commits $250,000 AUD for Australia Bushfire Relief Efforts

    MIAMI, Jan. 09, 2020 -- Norwegian Cruise Line Holdings Ltd. (“Norwegian”) (NYSE: NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania.

  • Is Now An Opportune Moment To Examine Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)?
    Simply Wall St.

    Is Now An Opportune Moment To Examine Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)?

    Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) saw a significant share price rise of over 20% in the past couple of...

  • Hedge Fund Darlings vs. Norwegian Cruise Line Holdings Ltd (NCLH) In 2019
    Insider Monkey

    Hedge Fund Darlings vs. Norwegian Cruise Line Holdings Ltd (NCLH) In 2019

    It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]

  • Carnival is coming off cancellations and an accident but analysts are still upbeat
    MarketWatch

    Carnival is coming off cancellations and an accident but analysts are still upbeat

    Carnival Corp. saw its stock price target raised at least three times on Monday, despite facing a number of challenges heading into the new year. In addition, there was a report of an accident involving the Carnival Glory that resulted in six minor injuries. This comes after a year that saw an abrupt regulatory shift in Cuba that halted travel to the island, Hurricane Dorian, geopolitical events in the Arabian Gulf and a host of other circumstances that impacted Carnival’s ability to operate its ships.

  • Barrons.com

    The Dow Is Up 129 Points Because This Streak Won’t End

    The three major U.S. stock market indexes continued to rise after closing at record levels on Thursday.

  • Here's How P/E Ratios Can Help Us Understand Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)
    Simply Wall St.

    Here's How P/E Ratios Can Help Us Understand Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Norwegian...

  • 3 “Strong Buy” Picks from Legendary Investor Cliff Asness
    TipRanks

    3 “Strong Buy” Picks from Legendary Investor Cliff Asness

    To say Cliff Asness is a smart guy is an understatement. He earned his PhD in finance from University of Chicago – while building up the quantitative investment team at Goldman Sachs. He built a successful quant team, even though he won’t describe himself as a fan of that investment strategy.In 1997, after leaving Goldman, Asness founded AQR Capital Management with a somewhat different approach. AQR aims to build diverse portfolios containing as many stocks as possible. Some would say this is foolhardy, but the unorthodox approach has paid off handsomely. In its last 13F filing, AQR showed $84.9 billion in managed securities – some one-third of its total assets under management. A firm that size can be many things, but foolhardy is not one of them.It’s hard to pin down any one factor as a key to Asness’ success. One of his consistent views, however, has been to avoid value stocks. These are equities that look cheap, with an oversized upside, and give the appearance of being a smart investment – but as Asness points out, they have underperformed the market in the last decade. It’s not that he won’t buy them; rather, he suggests caution on them.Last month, Asness started breaking his own rule. In comments on market conditions, he said it may be time to add “a modest extra amount” of weight to the value factor. He adds, referring to buying up value stocks, “It is indeed time to ‘sin a little."So, when Cliff Asness sins, which stocks does he sin with? We found three in his last 13F that showed major purchases. Asness and AQR went big on them, to a tune of nearly $1 billion. According to the TipRanks database, all three hold Strong Buy ratings and show solid upside potential. Let’s delve a little deeper and find out why Wall Street Agrees with Cliff Asness on these stocks.Electronic Arts (EA)Gaming is big business. Gamers – of all stripes – are notorious for their loyalty to favored games, and their quickness to upgrade, especially in the video game segment. They’re a prickly customer base, but a company that engages their loyalty will be well-rewarded. Electronic Arts has managed this and grown to be the second largest gaming company in the US and Europe, with a market cap of $30 billion and annual revenues exceeding $5 billion.For fiscal Q2 2020, the company reported earnings 78 cents per share compared to the 85-cent estimate. Year-over-year, EPS was down 6%. Despite the earnings miss, top-line revenues were up almost 5% yearly, to $1.35 billion. Investors were nervous at first about the EPS drop, but reassured by the top-line gains. EA stock is up 29% in 2019, slightly ahead of the S&P gain of 25%.The overall picture for Electronic Arts is of a company with a solid base – and room to grow. Both aspects drew in Asness, whose firm picked up more than 1.1 million shares of the stock. It was a 65% increase in AQR’s holding, boosting the total to 2,806,027 shares.Writing on EA from Credit Suisse, 5-star analyst Stephen Ju is optimistic about the stock’s mid-term horizon. After a series of investor meeting with the company’s Chief Studios Officer, Ju notes, “1) EA has implemented a more agile development process to its non-sports franchises to ensure quality and rapid adjustments throughout the development cycle; 2) this new development process is supported by a more centralized technology platform… with the aim of providing more user-friendly tool sets for developers; 3) mobile remains a key area of attention … given the potential for global audience expansion.”Shedding the industry-specific shop talk, Ju sums up the bottom line for EA’s future: “These factors in the aggregate do present a different picture of self-directed efforts to improve product quality versus what investors may have seen/concluded as creative talent drain away from the company.”Ju backs his belief in EA’s potential with a Buy rating and a $118 price target, suggesting a 15% upside to the stock. (To watch Ju’s track record, click here)The analyst consensus on EA is a Strong Buy, based on no less than 20 ratings. These include 16 Buys against 4 Holds, indicating that there is a slight caution toward this stock in an otherwise strong picture. Shares sell for $101, and the $111 average price target suggests a 9% upside. (See Electronic Arts stock analysis on TipRanks)Norwegian Cruise Line (NCLH)Along with gaming, cruise lines are a leisure niche. The current rising economic tide in the US has given them a general boost recently. It’s a highly competitive industry, however, as evidenced by Norwegian’s position. The company is the world’s third largest cruise line – but controls only 9% of the market. That market share still translates to a lot of money, as the company saw over $6 billion in revenue in calendar year 2018.In the recent third quarter, Norwegian beat the forecast with total revenues of $1.91 billion. EPS also beat the estimates, coming in a $2.23 against a forecast of $2.15. Year-over-year saw an EPS drop of 4 cents. That hasn’t phased investors -- like EA above, Norwegian has posted 29% share appreciation this year.It's clear that Asness saw value in Norwegian as he purchased 2,585,517 shares in Q3. His firm spent over $132 million on the buy-up, and increased the holding by 111% to over 4.9 million shares.A pair of 4-star analysts have given Norwegian positive reviews recently. Tim Conder of Wells Fargo stated, “We reiterate our Outperform rating as NCLH should benefit from ongoing rotation into value names. NCLH should continue to aggressively, but opportunistically, repurchase shares in Q419, but could also initiative a token quarterly dividend in early 2020 to broaden its investor base.” Along with his Buy stance, Conder gives NCLH a $70 price target, suggesting a 28% upside. (To watch Conder’s track record, click here)Barclays analyst Felicia Hendrix is even more bullish on NCLH. Reviewing the stock last week, she wrote, “We believe shares of NCLH are undervalued and do not reflect the company's strong positioning for 2019 and beyond. Our upside case is based on a 100bps upside to our current net yield assumptions for each 2019 and 2020…” That upside case includes and Buy rating and a price target of $73, implying an upside of 33%. (To watch Hendrix’ track record, click here)Norwegian’s Strong Buy consensus rating is unanimous – 12 analysts have given the stock positive reviews in the past few weeks. It’s a clear sign of confidence in the company and the stock. NCLH currently trades for $54, and the $65 average price target implies room for 18% growth on the upside. (See Norwegian Cruise Line stock analysis on TipRanks)United Airlines (UAL)Airlines frequently get a bad rap, with (admittedly, frequently justified) accusations of poor service, crowded flights, and price gouging clouding the industry’s reputation. That said, the airlines also operate in a difficult niche, with enormous overhead and thin margins. For the successful companies, however, the air travel industry can bring in great profits, too. United, the world’s largest airline company, demonstrated that in October, when it beat Q3 earnings estimates and revised full-year guidance upward.By the numbers, UAL showed a 23% gain in net income for the quarter, to $1.02 billion, with revenues of $11.38 billion. EPS, at $4.07, was 10 cents higher than the $3.97 forecast. The gains came even as the airline continues to feel pressure from the long-term grounding of Boeing 737 MAX aircraft.Shares in UAL have been volatile this year, ranging from $78 to $95, and the stock has recorded a year-to-date gain of only 3.3%, but that hasn’t stopped Asness from making it the largest purchase of the stocks in this list. AQR bought more than 3.53 million shares of the stock. On a percentage basis, it was a 249% gain in the firm’s holding of UAL. AQR’s total holding in UAL is 4,957,369 shares, worth $428.9 million.Asness must have seen the same upside to UAL that Wall Street sees. 5-star analyst Myles Walton of UBS has recently initiated coverage of UAL, noting “We view improving op performance with load factor growth, on-time performance, and cancellation rates converging to and/or eclipsing industry averages as a positive…”Looking ahead, Walton sees up to 20% upside over the next five years. Backing up his Buy rating, Walton gives UAL a $110 price target, implying a robust 26% upside potential in the next 12 months. (To watch Walton’s track record, click here.)Overall, UAL has inspired faith from Wall Street analysts. The stock has a consensus rating of Strong Buy, based on 5 Buys and 1 Hold. The average price target of $111 implies a 29% premium from the current share price of $86. (See United Airlines stock analysis on TipRanks)

  • Why Is Norwegian Cruise Line (NCLH) Up 4.8% Since Last Earnings Report?
    Zacks

    Why Is Norwegian Cruise Line (NCLH) Up 4.8% Since Last Earnings Report?

    Norwegian Cruise Line (NCLH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GlobeNewswire

    Norwegian Cruise Line Holdings Ltd. Celebrates the 96th Annual New York Stock Exchange Tree Lighting With Virtual Reality Showcase and Cruise Giveaways

    Norwegian Cruise Line Holdings Ltd. (“Norwegian”) (NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today announced its participation in the 96th Annual New York Stock Exchange Tree Lighting event on December 5th. During the event the Company will feature a virtual reality experience that will transport attendees from the cold winter weather in New York City to the tropical white sandy beaches of Norwegian’s luxurious private island in the Bahamas, Great Stirrup Cay.

  • Should You Avoid Norwegian Cruise Line Holdings Ltd (NCLH)?
    Insider Monkey

    Should You Avoid Norwegian Cruise Line Holdings Ltd (NCLH)?

    Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]

  • GlobeNewswire

    NCL Corporation Ltd. Announces the Pricing of $565,000,000 Senior Notes Offering

    NCLC intends to use the net proceeds from the Offering, after deducting the initial purchasers’ discount and estimated fees and expenses, together with cash on hand, to redeem all $565,000,000 aggregate principal amount of its outstanding 4.750% senior notes due 2021 (the “4.750% Senior Notes”) (including accrued and unpaid interest) in accordance with the indenture for the 4.750% Senior Notes and to pay related transaction fees and expenses. The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

  • GlobeNewswire

    NCL Corporation Ltd. Announces Proposed $565,000,000 Senior Notes Offering

    NCLC intends to use the net proceeds from the Offering, after deducting the initial purchasers’ discount and estimated fees and expenses, together with cash on hand, to redeem all $565,000,000 aggregate principal amount of its outstanding 4.750% senior notes due 2021 (the “4.750% Senior Notes”) (including accrued and unpaid interest) in accordance with the indenture for the 4.750% Senior Notes and to pay related transaction fees and expenses. The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

  • Here's Why I Think Norwegian Cruise Line Holdings (NYSE:NCLH) Is An Interesting Stock
    Simply Wall St.

    Here's Why I Think Norwegian Cruise Line Holdings (NYSE:NCLH) Is An Interesting Stock

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Port Tampa Bay breaks another cruise passenger record
    American City Business Journals

    Port Tampa Bay breaks another cruise passenger record

    Port Tampa Bay welcomed more than one million cruise ship passengers for the second year in a row. This fiscal year the port saw nearly 1.15 million cruise passengers, a 10 percent increase from the following year, according to the port’s November announcement. Carnival Cruise Line (NYSE: CCL), Royal Caribbean International (NYSE: RCL) and Norwegian Cruise Line (NASDAQ: NCLH) called Tampa a homeport.

  • GlobeNewswire

    Norwegian Cruise Line Holdings Ltd. Sweeps Executive Leadership Categories in 2020 Institutional Investor All-America Executive Team Leisure Sector Rankings

    Ranked #1 for Best CEO, CFO, IRO and Investor Relations Team Among 23 Companies in Leisure Sector Company also Earns Most Honored Distinction and Recognized Among Best-in-Class.

  • American City Business Journals

    One of world's largest cruise ships arrives at PortMiami (Photos)

    Norwegian Cruise Line's newest ship Norwegian Encore will set sail on its first passenger cruise Nov. 24 from PortMiami. Norwegian Encore will split its homeports between Miami and New York, with the ship set to sail from Miami for the winter seasons. Norwegian Encore is the newest ship for Miami-based Norwegian Cruise Line and its parent company Norwegian Cruise Line Holdings (NYSE: NCLH).