William Blair Brokers Lift Earnings Estimates for Carnival

Carnival Corporation (NYSE:CCL) – William Blair boosted their FY2025 EPS estimates for shares of Carnival in a research report issued on Monday, September 29th. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $2.14 for the year, up from their previous estimate of $2.00. 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 $0.24 EPS.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Monday, September 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.32 by $0.11. Carnival had a net margin of 10.07% and a return on equity of 29.66%. The business had revenue of $8.15 billion during the quarter, compared to analyst estimates of $8.09 billion. During the same quarter in the previous year, the business posted $1.27 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS.

CCL has been the topic of several other reports. Argus dropped their price objective on shares of Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday. Loop Capital reiterated a “hold” rating and issued a $22.00 target price on shares of Carnival in a research note on Monday, June 23rd. Truist Financial upped their price objective on shares of Carnival from $27.00 to $31.00 and gave the stock a “hold” rating in a research report on Monday, July 21st. Barclays upped their target price on shares of Carnival from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, September 17th. Finally, TD Cowen started coverage on shares of Carnival in a report on Tuesday, July 22nd. They set a “buy” rating and a $36.00 target price for the company. Sixteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.35.

Carnival Stock Down 1.7%

NYSE:CCL opened at $28.91 on Wednesday. The company has a market cap of $33.75 billion, a PE ratio of 15.06, a P/E/G ratio of 0.61 and a beta of 2.70. Carnival has a twelve month low of $15.07 and a twelve month high of $32.80. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. The company’s 50 day moving average is $30.51 and its two-hundred day moving average is $25.35.

Insider Buying and Selling

In related news, Director Sir Jonathon Band sold 12,500 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the completion of the transaction, the director directly owned 64,406 shares of the company’s stock, valued at $1,916,078.50. This trade represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 7.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Carnival

Several hedge funds and other institutional investors have recently modified their holdings of the stock. REAP Financial Group LLC grew its stake in Carnival by 10.5% in the second quarter. REAP Financial Group LLC now owns 3,678 shares of the company’s stock valued at $103,000 after acquiring an additional 349 shares during the period. Eagle Wealth Strategies LLC grew its stake in Carnival by 1.4% in the second quarter. Eagle Wealth Strategies LLC now owns 25,967 shares of the company’s stock valued at $730,000 after acquiring an additional 369 shares during the period. 1834 Investment Advisors Co. grew its stake in Carnival by 1.6% in the second quarter. 1834 Investment Advisors Co. now owns 23,964 shares of the company’s stock valued at $674,000 after acquiring an additional 372 shares during the period. Greenleaf Trust grew its stake in Carnival by 3.1% in the second quarter. Greenleaf Trust now owns 14,547 shares of the company’s stock valued at $409,000 after acquiring an additional 443 shares during the period. Finally, Encompass Wealth Advisors LLC grew its stake in Carnival by 2.9% in the second quarter. Encompass Wealth Advisors LLC now owns 16,545 shares of the company’s stock valued at $465,000 after acquiring an additional 466 shares during the period. Institutional investors own 67.19% of the company’s stock.

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.