Carnival (CCL) Earns Daily Media Impact Rating of 0.24
News articles about Carnival (NYSE:CCL) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive 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 one, with scores nearest to one being the most favorable. Carnival earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.164230814956 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Edited Transcript of CCL earnings conference call or presentation 19-Dec-17 3:00pm GMT (finance.yahoo.com)
- ETFs with exposure to CCL Industries, Inc. : December 20, 2017 (finance.yahoo.com)
- Deutsche Bank Increases Carnival (CCL) Price Target to $70.00 (americanbankingnews.com)
- Carnival (CCL) Given Buy Rating at Buckingham Research (americanbankingnews.com)
- Stifel Nicolaus Raises Carnival (CCL) Price Target to $80.00 (americanbankingnews.com)
A number of analysts recently weighed in on CCL shares. Zacks Investment Research raised shares of Carnival from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a research report on Thursday, September 21st. Stifel Nicolaus reissued a “buy” rating and issued a $79.00 price objective (up from $74.00) on shares of Carnival in a research report on Wednesday, September 27th. Nomura reissued a “buy” rating and issued a $75.00 price objective on shares of Carnival in a research report on Friday, September 29th. Instinet reissued a “buy” rating and issued a $75.00 price objective on shares of Carnival in a research report on Monday, October 2nd. Finally, SunTrust Banks reissued a “buy” rating and issued a $84.00 price objective (up from $72.00) on shares of Carnival in a research report on Tuesday. They noted that the move was a valuation call. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Carnival currently has a consensus rating of “Buy” and an average price target of $72.31.
Carnival (NYSE:CCL) last announced its earnings results on Tuesday, December 19th. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.12. The company had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $4.15 billion. Carnival had a net margin of 15.53% and a return on equity of 12.15%. Carnival’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. equities research analysts expect that Carnival will post 3.7 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 24th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.66%. This is an increase from Carnival’s previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, November 22nd. Carnival’s dividend payout ratio (DPR) is 43.72%.
In other news, CEO Arnold W. Donald sold 5,000 shares of Carnival stock in a transaction on Friday, December 1st. The shares were sold at an average price of $65.57, for a total transaction of $327,850.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Arnold W. Donald sold 90,903 shares of Carnival stock in a transaction on Monday, October 16th. The stock was sold at an average price of $67.41, for a total transaction of $6,127,771.23. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,903 shares of company stock valued at $6,782,771. 23.80% of the stock is owned by insiders.
COPYRIGHT VIOLATION WARNING: This story was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at https://www.thecerbatgem.com/2017/12/20/carnival-ccl-earns-daily-media-impact-rating-of-0-24.html.
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.
Receive News & Ratings for Carnival Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival and related companies with MarketBeat.com's FREE daily email newsletter.