Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Carnival Corporation (CUK) Stock Price
Headlines about Carnival Corporation (NYSE:CUK) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carnival Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.811036571706 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, ValuEngine raised Carnival Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 30th.
Shares of Carnival Corporation (NYSE CUK) traded down 4.47% during mid-day trading on Friday, hitting $66.03. The company had a trading volume of 685,804 shares. Carnival Corporation has a 12-month low of $45.71 and a 12-month high of $70.56. The firm has a market cap of $47.81 billion, a PE ratio of 17.46 and a beta of 0.69. The firm’s 50 day moving average is $68.34 and its 200-day moving average is $63.31.
Carnival Corporation (NYSE:CUK) last issued its quarterly earnings results on Thursday, June 22nd. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. Carnival Corporation had a return on equity of 11.26% and a net margin of 16.48%. The firm had revenue of $3.95 billion for the quarter. On average, equities analysts expect that Carnival Corporation will post $3.57 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.60 annualized dividend and a yield of 2.42%. Carnival Corporation’s dividend payout ratio is 42.55%.
In other news, insider Alan Buckelew sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The stock was sold at an average price of $67.52, for a total value of $1,012,800.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Michael Olaf Thamm sold 12,768 shares of the company’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $65.89, for a total value of $841,283.52. The disclosure for this sale can be found here. Over the last quarter, insiders sold 42,768 shares of company stock worth $2,859,384. Corporate insiders own 0.04% of the company’s stock.
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About Carnival Corporation
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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