FY2025 EPS Estimates for Carnival Lifted by William Blair

Carnival Corporation (NYSE:CCL) – Equities researchers at William Blair boosted their FY2025 EPS estimates for shares of Carnival in a report issued on Tuesday, June 24th. William Blair analyst S. Zackfia now expects that the company will earn $1.97 per share for the year, up from their prior estimate of $1.95. William Blair 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.

CCL has been the subject of several other reports. Morgan Stanley raised their price objective on Carnival from $21.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Thursday. BNP Paribas started coverage on shares of Carnival in a research report on Thursday, March 27th. They set an “outperform” rating and a $26.00 price target for the company. Truist Financial set a $27.00 price objective on shares of Carnival in a research note on Monday. Hsbc Global Res raised shares of Carnival from a “moderate sell” rating to a “hold” rating in a report on Friday, May 16th. Finally, Macquarie reduced their target price on shares of Carnival from $31.00 to $26.00 and set an “outperform” rating for the company in a report on Friday, May 9th. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $28.53.

Carnival Stock Up 4.4%

Carnival stock opened at $27.31 on Thursday. The business’s 50-day simple moving average is $22.24 and its two-hundred day simple moving average is $22.84. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.21 and a current ratio of 0.34. The company has a market cap of $31.86 billion, a PE ratio of 14.76, a PEG ratio of 0.57 and a beta of 2.58. Carnival has a fifty-two week low of $13.78 and a fifty-two week high of $28.72.

Carnival (NYSE:CCL) last released its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.20 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. The firm’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS.

Institutional Investors Weigh In On Carnival

Hedge funds have recently modified their holdings of the company. Illinois Municipal Retirement Fund boosted its position in Carnival by 153.4% during the fourth quarter. Illinois Municipal Retirement Fund now owns 336,502 shares of the company’s stock worth $8,386,000 after purchasing an additional 203,710 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of Carnival by 26.6% during the 4th quarter. Private Advisor Group LLC now owns 86,837 shares of the company’s stock worth $2,164,000 after buying an additional 18,269 shares during the period. Norges Bank purchased a new position in shares of Carnival during the 4th quarter valued at approximately $59,486,000. Charles Schwab Investment Management Inc. grew its stake in Carnival by 3.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,249,810 shares of the company’s stock valued at $155,745,000 after acquiring an additional 223,195 shares during the period. Finally, Beck Bode LLC purchased a new stake in Carnival in the 4th quarter worth $5,715,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Carnival Company Profile

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.