News stories about Carnival (NYSE:CCL) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Carnival earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4050529583487 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Shares of NYSE CCL opened at $64.51 on Friday. Carnival has a fifty-two week low of $57.39 and a fifty-two week high of $72.70. The company has a current ratio of 0.19, a quick ratio of 0.14 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $34,993.58, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.06 and a beta of 0.84.
Carnival (NYSE:CCL) last issued its earnings results on Thursday, March 22nd. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.09. Carnival had a net margin of 14.73% and a return on equity of 11.97%. The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the prior year, the firm earned $0.38 earnings per share. The business’s quarterly revenue was up 11.6% on a year-over-year basis. research analysts predict that Carnival will post 4.37 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Friday, February 23rd were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Thursday, February 22nd. Carnival’s dividend payout ratio is 20.94%.
A number of equities research analysts have issued reports on CCL shares. Buckingham Research reissued a “buy” rating and set a $84.00 target price (up previously from $80.00) on shares of Carnival in a research note on Wednesday, December 20th. Credit Suisse Group raised shares of Carnival from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $66.05 to $70.00 in a research note on Tuesday, January 9th. Deutsche Bank lifted their price objective on shares of Carnival from $70.00 to $71.00 and gave the company a “hold” rating in a research note on Friday, March 23rd. Tigress Financial reaffirmed a “buy” rating on shares of Carnival in a research note on Friday, December 22nd. Finally, Morgan Stanley lifted their price objective on shares of Carnival from $68.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Seven research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $74.33.
In related news, General Counsel Arnaldo Perez sold 10,369 shares of the firm’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $69.11, for a total value of $716,601.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Bernstein sold 2,600 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $69.59, for a total transaction of $180,934.00. Following the completion of the sale, the chief financial officer now owns 34,620 shares of the company’s stock, valued at approximately $2,409,205.80. The disclosure for this sale can be found here. Insiders have sold 93,722 shares of company stock valued at $6,444,993 in the last three months. 23.80% of the stock is owned by insiders.
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Carnival Company Profile
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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