FY2025 EPS Estimates for Carnival Increased by William Blair

Carnival Corporation (NYSE:CCL) – William Blair boosted their FY2025 earnings estimates for shares of Carnival in a research note issued to investors on Tuesday, June 24th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $1.97 per share for the year, up from their prior forecast of $1.95. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carnival’s current full-year earnings is $1.77 per share. William Blair also issued estimates for Carnival’s Q4 2025 earnings at $0.19 EPS.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. The business had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.20 billion. Carnival had a net margin of 9.72% and a return on equity of 27.88%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 earnings per share.

CCL has been the subject of a number of other reports. Tigress Financial reissued a “buy” rating on shares of Carnival in a research note on Wednesday, March 26th. Stifel Nicolaus increased their target price on Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays lifted their target price on Carnival from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Wednesday. Macquarie cut their price target on shares of Carnival from $31.00 to $26.00 and set an “outperform” rating on the stock in a report on Friday, May 9th. Finally, Bank of America raised their price target on shares of Carnival from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Carnival currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.53.

Carnival Stock Up 4.4%

Shares of NYSE CCL opened at $27.31 on Thursday. The company has a market cap of $31.86 billion, a P/E ratio of 14.76, a PEG ratio of 0.57 and a beta of 2.58. The firm has a 50-day simple moving average of $22.24 and a two-hundred day simple moving average of $22.84. Carnival has a 1 year low of $13.78 and a 1 year high of $28.72. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.21.

Institutional Trading of Carnival

Institutional investors have recently modified their holdings of the company. Causeway Capital Management LLC purchased a new stake in Carnival during the first quarter valued at approximately $518,816,000. Nuveen LLC acquired a new position in shares of Carnival during the first quarter worth $432,718,000. FMR LLC lifted its holdings in shares of Carnival by 186.6% during the 4th quarter. FMR LLC now owns 9,898,906 shares of the company’s stock valued at $246,681,000 after purchasing an additional 6,444,444 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of Carnival by 33.7% during the 4th quarter. Nuveen Asset Management LLC now owns 22,850,042 shares of the company’s stock valued at $569,423,000 after purchasing an additional 5,761,489 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Carnival by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company’s stock worth $2,918,022,000 after purchasing an additional 4,458,329 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.