Carnival Stock News

Carnival stock price went vertical this week, reaching its highest level since June 2021, as signs showed that the cruise industry was still thriving. It jumped to $27.86 on Tuesday in New York, up by over 352% from its lowest level in 2022, making it one of the best-performing companies in Wall Street.

Carnival: Double Digit Capital Appreciation Potential - Robust Cruising Trends Ahead

Carnival Corporation is poised for revenue growth due to strong yield momentum, new destinations, effective marketing, and increased onboard spending. Margins are expected to improve with the SEA Change Program, yield growth, and restructuring initiatives, supporting a positive margin outlook. The stock's mid-teen P/E is justified by historical valuation during similar growth periods, indicatin...

Carnival Corporation benefits from a strong resurgence in cruise travel demand, particularly in the US and Europe, driving record bookings and yield growth. CCL's FY24 performance showcased robust revenue growth and high booking visibility, with exclusive destinations enhancing competitive advantage and premium pricing. Effective deleveraging has reduced CCL's net debt significantly, improving ...

Carnival has gained +40% since my first article, where I highlighted that 60% upside was possible due to FCF growth and debt repayment. The basis of the analysis is the relationship between Enterprise Value and Market Cap, with debt repayment expected to transfer value from bondholders back to shareholders. Carnival generated more FCF than I expected in FY '24, which is a positive tailwind for ...

Recent data from the United Nations suggests the world will have 1.6 billion people over the age of 65 in 2050. In comparison, the number stands at 800 million only at writing.

Queen Anne is the company's first new ship in 14 years VALENCIA, Calif. , Jan. 18, 2025 /PRNewswire/ -- Today, Cunard's highly anticipated new ship, Queen Anne marked her North American debut as she arrived in New York on her maiden call from Southampton, England.

Viking Cruises, Royal Caribbean receive price hikes as cruise booking demand remains strong. VIK breaks out, cruise lines retake key averages.