A number of firms have modified their ratings and price targets on shares of Carnival Corp. (NYSE: CCL) recently:
Shares of Carnival Corp. (NYSE:CCL) opened at 46.70 on Thursday. Carnival Corp. has a 1-year low of $40.52 and a 1-year high of $55.77. The company has a 50 day moving average price of $47.05 and a 200-day moving average price of $47.76. The stock has a market capitalization of $34.09 billion, a P/E ratio of 14.52 and a beta of 0.80.
Carnival Corp. (NYSE:CCL) last released its earnings results on Monday, September 26th. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.03. Carnival Corp. had a return on equity of 10.76% and a net margin of 15.10%. The business had revenue of $5.10 billion for the quarter. During the same period last year, the business earned $1.75 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, equities research analysts forecast that Carnival Corp. will post $8.23 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 16th. Shareholders of record on Friday, August 26th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date was Wednesday, August 24th. Carnival Corp.’s payout ratio is 42.94%.