FY2027 EPS Estimates for Carnival Raised by Zacks Research

Carnival Corporation (NYSE:CCL) – Research analysts at Zacks Research upped their FY2027 earnings estimates for shares of Carnival in a research report issued on Monday, February 9th. Zacks Research analyst Team now anticipates that the company will post earnings of $2.62 per share for the year, up from their prior estimate of $2.60. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Carnival’s current full-year earnings is $1.77 per share.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. Carnival had a net margin of 10.37% and a return on equity of 28.39%. Carnival’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS.

Several other analysts have also weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Carnival from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Morgan Stanley set a $33.00 price target on shares of Carnival in a report on Wednesday, January 7th. Truist Financial lifted their price target on shares of Carnival from $31.00 to $34.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Barclays cut their price objective on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Finally, Sanford C. Bernstein boosted their target price on Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Carnival Trading Up 1.5%

Shares of CCL stock opened at $33.31 on Tuesday. Carnival has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. The stock has a 50 day simple moving average of $29.88 and a two-hundred day simple moving average of $29.34. The company has a market cap of $41.19 billion, a P/E ratio of 16.66, a PEG ratio of 1.20 and a beta of 2.49.

Institutional Investors Weigh In On Carnival

Several institutional investors have recently bought and sold shares of CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after acquiring an additional 5,435 shares in the last quarter. Great Lakes Advisors LLC bought a new stake in Carnival during the first quarter worth $228,000. Empowered Funds LLC boosted its position in Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock worth $594,000 after purchasing an additional 11,601 shares during the last quarter. Woodline Partners LP boosted its position in Carnival by 41.9% in the first quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after purchasing an additional 26,141 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in Carnival by 7.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 13,937 shares of the company’s stock valued at $392,000 after purchasing an additional 917 shares during the period. Institutional investors own 67.19% of the company’s stock.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.8%.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Zacks Research nudged its FY2027 EPS estimate slightly higher to $2.62 (from $2.60) and carries a “Strong‑Buy” view — a bullish analyst revision that supports upside and valuation multiple expansion.
• Positive Sentiment: Carnival hit a fresh 52‑week high, signaling momentum and investor confidence in near‑term demand and earnings recovery. Carnival Corporation (CCL) Hits Fresh High: Is There Still Room to Run?
• Neutral Sentiment: Zacks published valuation/earnings‑focus coverage questioning whether CCL is undervalued — useful context for longer‑term investors but not an immediate catalyst. Is Carnival (CCL) Stock Undervalued Right Now?
• Neutral Sentiment: Carnival plc disclosed an update to issued ordinary shares and voting‑rights structure (routine corporate housekeeping for the UK‑listed parent); monitor for any future dilution discussion but the release itself appears informational. Carnival plc Updates Share Capital and Voting Rights Structure
• Neutral Sentiment: A GlobeNewswire release describes a crypto exchange product called “Carnival” from Phemex — not related to Carnival Corporation (CCL); should be disregarded for CCL fundamentals. Phemex introduces 24/7 TradFi futures trading with 0‑Fee Carnival
• Negative Sentiment: MarketWatch flagged that Carnival underperformed its cruise peers on the day despite gains — relative weakness versus competitors can limit multiple re‑rating and suggests some investors prefer other names in the group. Carnival Corp. stock underperforms Tuesday when compared to competitors despite daily gains
• Negative Sentiment: Traders bought an unusually large volume of put options (77,558 puts, ~47% above average), indicating elevated hedging or bearish positioning that could increase volatility and downside pressure if sentiment shifts.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.