Carnival Corporation & plc’s Stock Price Soars to $23.60, Marking a Robust 6.07% Increase

Carnival Corporation & plc (CCL)

23.60 USD +1.35 (+6.07%) Volume: 27.56M

Discover Carnival Corporation & plc’s stock price performance, currently trading at 23.60 USD, experiencing a positive surge of +6.07% this session with a hefty trading volume of 27.56M. However, the stock has seen a decrease of -5.30% YTD, reflecting the volatility of CCL’s market position.

Latest developments on Carnival Corporation & plc

Carnival Corp‘s stock price saw a morning uplift following a controversial tipping question addressed by Carnival Cruise Line. As the company navigates choppy waters, recent news includes Tabor Asset Management LP increasing their stake in Carnival Co. & plc (NYSE:CCL), while Barrow Hanley Mewhinney & Strauss LLC cut their stock position. Neo Ivy Capital Management also boosted their stake in the company. Investors are keeping a close eye on CCL stock movements compared to NCLH, as they weigh which cruise stock offers smoother sailing in the future.

Carnival Corporation & plc on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely following Carnival Corp‘s market position. In their recent report titled “Carnival Corporation: Will These 3 Key Forces Make or Break Its Market Position by 2028?”, Baptista Research expressed a bullish sentiment. The report highlighted Carnival Corporation & plc’s strong performance in the fourth quarter of 2024, with record revenues, customer deposits, and improved net income. The company’s success was attributed to robust demand, indicating a positive trend over the past two years.

A look at Carnival Corporation & plc Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Carnival Corp has a mixed long-term outlook. While the company scores well in terms of growth and resilience, with a score of 4 and 3 respectively, its dividend score is lower at 1. This indicates that investors may not see high returns in terms of dividends from Carnival Corp. Additionally, the company’s value and momentum scores are both average, with a score of 3 for each.

Carnival Corporation, a company that owns and operates cruise ships worldwide, may face challenges in providing substantial dividends to its investors. However, its strong growth potential and resilience in the face of market fluctuations could bode well for its long-term success. As a dually-listed company with CCL LN, Carnival Corp offers cruises to various vacation destinations and also owns hotels and lodges, providing a diverse range of services to its customers.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma