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How to buy Carnival shares

Own Carnival shares in just a few minutes.

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Carnival logo

Carnival Corporation & Plc is a travel services business with stocks listed in the US. Carnival shares (CCL) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Carnival

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Carnival. Find the share by name or ticker symbol: CCL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carnival reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Carnival, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Carnival. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Carnival share price

Use our graph to track the performance of CCL stocks over time.

Carnival shares at a glance

Information last updated 2020-09-25.
52-week rangeUSD$7.8 - USD$51.94
50-day moving average USD$15.8466
200-day moving average USD$15.2294
Target priceUSD$15.65
PE ratio 5.9852
Dividend yield USD$2 (19.59%)
Earnings per share (TTM) USD$2.722

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Is it a good time to buy Carnival stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Carnival under- or over-valued?

Valuing Carnival stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carnival's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Carnival's P/E ratio

Carnival's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Carnival shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Carnival's PEG ratio

Carnival's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.41. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Carnival's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Carnival's EBITDA

Carnival's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.7 billion.

The EBITDA is a measure of a Carnival's overall financial performance and is widely used to measure a its profitability.

Carnival financials

Revenue TTM US$16.8 billion
Operating margin TTM 2.56%
Gross profit TTM US$7.9 billion
Return on assets TTM 0.57%
Return on equity TTM -13.14%
Profit margin -17.53%
Book value 27.493
Market capitalisation US$12.1 billion

TTM: trailing 12 months

Shorting Carnival shares

There are currently 81.8 million Carnival shares held short by investors – that's known as Carnival's "short interest". This figure is 34.9% down from 125.7 million last month.

There are a few different ways that this level of interest in shorting Carnival shares can be evaluated.

Carnival's "short interest ratio" (SIR)

Carnival's "short interest ratio" (SIR) is the quantity of Carnival shares currently shorted divided by the average quantity of Carnival shares traded daily (recently around 35.7 million). Carnival's SIR currently stands at 2.29. In other words for every 100,000 Carnival shares traded daily on the market, roughly 2290 shares are currently held short.

However Carnival's short interest can also be evaluated against the total number of Carnival shares, or, against the total number of tradable Carnival shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Carnival's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Carnival shares in existence, roughly 90 shares are currently held short) or 0.1849% of the tradable shares (for every 100,000 tradable Carnival shares, roughly 185 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Carnival.

Find out more about how you can short Carnival stock.

Carnival's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Carnival.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Carnival's total ESG risk score

Total ESG risk: 29.72

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Carnival's overall score of 29.72 (as at 07/31/2020) is pretty good – landing it in it in the 34th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Carnival is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Carnival's environmental score

Environmental score: 15.93/100

Carnival's environmental score of 15.93 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Carnival is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Carnival's social score

Social score: 16/100

Carnival's social score of 16 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Carnival is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Carnival's governance score

Governance score: 8.29/100

Carnival's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Carnival is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Carnival's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Carnival scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Carnival hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Carnival Corporation & Plc was last rated for ESG on: 2020-08-01.

Total ESG score 29.72
Total ESG percentile 34.1
Environmental score 15.93
Environmental score percentile 9
Social score 16
Social score percentile 9
Governance score 8.29
Governance score percentile 9
Level of controversy 3

Carnival share dividends

74%

Dividend payout ratio: 74.07% of net profits

Recently Carnival has paid out, on average, around 74.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 19.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carnival shareholders could enjoy a 19.59% return on their shares, in the form of dividend payments. In Carnival's case, that would currently equate to about $2 per share.

Carnival's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Carnival's most recent dividend payout was on 12 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 19 February 2020 (the "ex-dividend date").

Have Carnival's shares ever split?

Carnival's shares were split on a 2:1 basis on 14 June 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Carnival shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Carnival shares which in turn could have impacted Carnival's share price.

Carnival share price volatility

Over the last 12 months, Carnival's shares have ranged in value from as little as US$7.8 up to US$51.94. A popular way to gauge a stock's volatility is its "beta".

CCL.US volatility(beta: 1.95)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Carnival's is 1.9537. This would suggest that Carnival's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Carnival overview

Carnival Corporation & Plc operates as a leisure travel company. The company's ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. It also provides vacations to various cruise destinations, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company sells its cruises primarily through travel agents and tour operators. It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. As of January 28, 2020, the company operated 105 ships with 254,000 lower berths. Carnival Corporation & Plc was incorporated in 1972 and is headquartered in Miami, Florida.

Carnival's subsidiary companies

Carnival Cruise Line

provider1

Princess Cruises

provider1

Holland America Line

provider1

P&O Cruises

P&O Cruises logo

AIDA Cruises

AIDA Cruises

Cunard Line

Cunard Line

Costa Cruises

Costa Cruises

P&O Cruises Australia

P&O Cruises Australia

Seabourn Cruise Line

Seabourn Cruise Line logo

Key people at Carnival

Carnival has more than 150,000 employees worldwide. Some of the key figures at Carnival are:

  • Christine Duffy, President
  • Terry Thornton, Vice President
  • Gus Antorcha, Chief Operating Officer

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