Carnival (CCL) Receives News Impact Rating of 0.12

Media headlines about Carnival (NYSE:CCL) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carnival earned a news impact score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.3866132037379 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Carnival (NYSE CCL) traded up $0.89 during trading hours on Friday, reaching $69.69. The company had a trading volume of 3,243,963 shares, compared to its average volume of 3,170,000. The stock has a market capitalization of $49,900.00, a price-to-earnings ratio of 19.41, a PEG ratio of 1.17 and a beta of 0.73. Carnival has a 52-week low of $52.65 and a 52-week high of $69.89. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.14 and a current ratio of 0.18.

Carnival (NYSE:CCL) last released its earnings results on Tuesday, December 19th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.12. The firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $4.15 billion. Carnival had a return on equity of 11.78% and a net margin of 14.88%. Carnival’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $0.67 earnings per share. equities analysts anticipate that Carnival will post 4.24 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This is a positive change from Carnival’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 2.58%. Carnival’s dividend payout ratio (DPR) is 44.57%.

A number of brokerages have recently weighed in on CCL. Instinet reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Carnival in a research note on Monday, October 2nd. Nomura reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Carnival in a research note on Friday, September 29th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Carnival in a research note on Thursday, September 28th. Argus reaffirmed a “neutral” rating and issued a $67.00 price objective (down from $78.00) on shares of Carnival in a research note on Thursday, September 28th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $79.00 price objective (up from $74.00) on shares of Carnival in a research note on Wednesday, September 27th. Seven analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $72.78.

In related news, General Counsel Arnaldo Perez sold 15,166 shares of Carnival stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $66.59, for a total value of $1,009,903.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Arnold W. Donald sold 6,000 shares of Carnival stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $68.00, for a total value of $408,000.00. Following the completion of the transaction, the chief executive officer now owns 115,572 shares of the company’s stock, valued at $7,858,896. The disclosure for this sale can be found here. Over the last quarter, insiders sold 354,545 shares of company stock valued at $23,694,789. 23.80% of the stock is currently owned by company insiders.

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Carnival Company Profile

Carnival Corporation is a leisure travel company. The Company is a cruise company of global cruise guests, and a provider of vacations to all cruise destinations throughout the world. The Company operates in four segments: North America, EAA, Cruise Support and, Tour and Other. The Company’s North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess) and Seabourn.

Insider Buying and Selling by Quarter for Carnival (NYSE:CCL)

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