Bettina Alejandra Deynes Sells 43,058 Shares of Carnival (NYSE:CCL) Stock

Carnival Corporation (NYSE:CCL) insider Bettina Alejandra Deynes sold 43,058 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the transaction, the insider directly owned 69,238 shares in the company, valued at $1,945,587.80. The trade was a 38.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Carnival Trading Up 0.4%

Shares of NYSE CCL opened at $27.62 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 1.82. Carnival Corporation has a one year low of $22.11 and a one year high of $34.03. The business has a 50-day moving average price of $26.41 and a two-hundred day moving average price of $28.04. The firm has a market capitalization of $34.22 billion, a PE ratio of 12.28, a PEG ratio of 1.22 and a beta of 2.32.

Carnival (NYSE:CCL) last issued its earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. As a group, analysts predict that Carnival Corporation will post 2.21 earnings per share for the current fiscal year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio is currently 26.67%.

Analysts Set New Price Targets

CCL has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price target on shares of Carnival from $34.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. Loop Capital started coverage on Carnival in a report on Monday. They set a “buy” rating and a $36.00 price objective for the company. Zacks Research raised Carnival from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Stifel Nicolaus lowered their target price on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Finally, Sanford C. Bernstein cut their price target on Carnival from $33.00 to $28.70 and set a “market perform” rating for the company in a research note on Monday, March 30th. Twenty analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carnival has an average rating of “Moderate Buy” and an average target price of $34.80.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BOCHK Asset Management Ltd bought a new stake in shares of Carnival in the 4th quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Carnival in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. bought a new stake in Carnival in the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. grew its position in Carnival by 381.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after acquiring an additional 762 shares during the period. Finally, LRI Investments LLC acquired a new position in Carnival during the third quarter worth $30,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival completed the first LNG bunker fueling operation in Latin America and the Western Caribbean, a milestone that supports cleaner-fuel infrastructure and the company’s long-term operating strategy. Carnival Corporation Brings Cruise Industry’s First LNG Bunkering to Latin America & Western Caribbean
• Positive Sentiment: Princess Cruises, a Carnival brand, announced its largest-ever Europe season for 2028 with 291 departures across 150 itineraries, suggesting strong future demand and broader itinerary offerings. Princess Cruises Announces Largest- Ever Europe Season for 2028

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.