Carnival (NYSE:CUK) Upgraded at Zacks Research

Zacks Research upgraded shares of Carnival (NYSE:CUK) to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a report on Monday, December 29th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Carnival presently has an average rating of “Hold”.

Carnival Stock Up 0.3%

CUK opened at $28.40 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 14.20 and a beta of 2.54. The company’s 50-day moving average price is $27.41 and its two-hundred day moving average price is $27.10. Carnival has a twelve month low of $13.65 and a twelve month high of $32.65.

Carnival (NYSE:CUK) last announced its earnings results on Friday, December 19th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The firm had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.37 billion. Carnival has set its FY 2026 guidance at 2.480-2.480 EPS and its Q1 2026 guidance at 0.170-0.17 EPS. As a group, equities analysts expect that Carnival will post 1.7 earnings per share for the current year.

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%.

Institutional Trading of Carnival

Several institutional investors have recently added to or reduced their stakes in CUK. Royal Bank of Canada raised its holdings in shares of Carnival by 1,202.6% during the first quarter. Royal Bank of Canada now owns 79,305 shares of the company’s stock valued at $1,391,000 after purchasing an additional 73,217 shares during the last quarter. Jane Street Group LLC increased its holdings in Carnival by 69.2% in the 1st quarter. Jane Street Group LLC now owns 46,021 shares of the company’s stock worth $807,000 after acquiring an additional 18,826 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Carnival by 51.1% during the 2nd quarter. Parallel Advisors LLC now owns 1,819 shares of the company’s stock valued at $46,000 after purchasing an additional 615 shares during the period. Park Avenue Securities LLC purchased a new position in shares of Carnival in the second quarter valued at about $213,000. Finally, GAMMA Investing LLC raised its stake in Carnival by 38.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,862 shares of the company’s stock valued at $99,000 after purchasing an additional 1,075 shares during the period. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

About Carnival

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.