Carnival Cruise Line Ticker Symbol CCL Explained

So you're curious about the Carnival Cruise Line ticker symbol CCL? It's actually listed on the New York Stock Exchange (NYSE), which is one of the largest stock exchanges in the world.

CCL stands for Carnival Corporation & plc, the parent company of Carnival Cruise Line. This name change from Carnival Cruise Lines to Carnival Corporation & plc occurred in 1972.

Carnival Cruise Line is a subsidiary of Carnival Corporation & plc, and it operates a fleet of cruise ships that offer vacations to destinations all over the world.

Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.

The company operates through four main segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other.

Carnival Corporation & plc offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand.

Carnival Corporation & plc is a travel services company that operates globally. It was founded in 1972 and is headquartered in Miami, Florida.

The company offers its services under various brands, including Carnival Cruise Line, Princess Cruises, and Holland America Line. It operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other.

Carnival Corporation & plc owns and operates a range of assets, including port destinations, private islands, and a solar park. It also owns hotels, lodges, glass-domed railcars, and motor coaches.

The company sells its cruises primarily through travel agents, tour operators, vacation planners, and websites.

Accommodations play a crucial role in the travel industry, and several companies are involved in this sector.

Deutsche Bank has lifted its price target on Carnival to $29 from $28, indicating a positive outlook for the company.

Hotels, motels, and cruise lines are among the key players in the accommodations industry.

European equities traded in the US as American Depositary Receipts (ADRs) rose in Friday trading, but the overall week was flat.

Here is a list of some notable companies in the accommodations industry:

The travel and vacation sector is a significant part of the global economy, and several exchange-traded funds (ETFs) track this industry.

The DIREXION DAILY TRAVEL & VACATION BULL 2XETF - USD has a weight of 0.78% in the overall market and has seen a -1.80% change in value.

Carnival Cruise Line's financials are a vital aspect of understanding the company's performance and growth. The estimated revenue for 2025 is $26,103 million, with an average estimate of $1.762 USD per share among 25 analysts.

In 2025, Carnival Cruise Line is expected to generate significant revenue, with an estimated $26,103 million. This represents a growth of $1,764 million from the previous year's revenue estimate.

The company's dividend yield is expected to be around 0.18% in 2025, with a dividend payout of $0.04 per share. This is a significant increase from the previous year's dividend yield of 0.00%.

Carnival Cruise Line's earnings per share (EPS) are expected to be around $2.08 in 2025, with a P/E ratio of 11.71. This represents a decrease from the previous year's P/E ratio of 13.85.

Here is a breakdown of Carnival Cruise Line's estimated financials for 2025:

The company's cash flow from operations is expected to be around $6,224 million in 2025, with a free cash flow of $3,943 million. This represents a significant increase from the previous year's cash flow from operations.

Carnival Cruise Line's net debt is expected to decrease from $24,819 million in 2024 to $21,532 million in 2025. This represents a reduction of $3,287 million in net debt.

The company's shareholder's equity is expected to increase from $11,616 million in 2024 to $14,047 million in 2025. This represents an increase of $2,431 million in shareholder's equity.

As of December 19, 2024, Carnival Cruise Line's (CCL) trailing total returns include dividends or other distributions.

CCL's performance in the past few months has been quite volatile, with a 1 Week return of -2.79% and a 1 Month return of -8.38%.

However, if we look at the bigger picture, CCL has shown significant growth over the past year, with a 1 Year return of 40.68%.

Here's a breakdown of CCL's performance over different time periods:

It's worth noting that CCL's performance over the past 5 years has been quite negative, with a return of -51.13%.

Carnival Corporation has received a boost in price target from various analysts, including Wolfe Research, which adjusted its target to $31 from $21, maintaining an Outperform rating. This is a significant increase, indicating optimism about the company's future performance.

Deutsche Bank has also lifted its price target on Carnival to $29 from $28, while keeping a Hold rating. This suggests that while the bank is optimistic about the company's growth prospects, it's not yet ready to recommend a buy.

Several analysts have adjusted their price targets on Carnival in December, with some notable increases. For example, Macquarie adjusted its target to $31 from $26, maintaining an Outperform rating.

Carnival Corporation has also made headlines in the news, with Cunard announcing that jazz icons Jools Holland OBE and Jamie Cullum will set sail with the company in 2025. This is a great opportunity for music lovers to experience the company's luxury cruises.

Here's a summary of the price target adjustments made by various analysts on Carnival Corporation:

Carnival Corporation has also reported record full-year operating results, exceeding its fourth-quarter guidance. This is a significant achievement, indicating the company's strong financial performance.

Carnival Corporation's insiders have been granted awards and options on April 11, 2024, with several executives receiving significant stock allocations.

David Bernstein, the CFO and CAO, received 239,421 shares, while Randall John Weisenburger, a director, received 390,509 shares.

Here's a list of some of the notable insider grants:

Analysts have been adjusting their price targets for Carnival Corporation, with several firms upgrading their ratings. Deutsche Bank lifted its price target to $29 from $28, while Wolfe Research adjusted its price target to $31 from $21.

Deutsche Bank has lifted its price target on Carnival Corporation to $29 from $28, while keeping a Hold rating.

Several analysts have recently adjusted their price targets for Carnival Corporation. Wolfe Research, for example, raised its price target to $31 from $21, while maintaining an Outperform rating.

Argus Research and Macquarie have also adjusted their price targets, setting them at $30 and $31 respectively, both from $25 and $26. These adjustments suggest a positive outlook for the company.

Citi has boosted Carnival plc's price target, although the exact amount is not specified, and has reaffirmed its Buy rating.

Here's a summary of the recent analyst recommendations for Carnival Corporation:

Insider actions can provide valuable insights into a company's inner workings. On April 11, 2024, several directors and executives of Carnival Corp. received grants of stock.

David Bernstein, the CFO & CAO, received 239,421 shares. This is the largest grant among the listed executives.

Here's a breakdown of the grants received by each executive:

These grants suggest that the company is investing in its leadership team. It's worth noting that the value of these grants is zero, indicating that they are likely part of a compensation package rather than a direct investment in the company's stock.