Research Analysts’ Recent Ratings Changes for Carnival (CCL)

A number of research firms have changed their ratings and price targets for Carnival (NYSE: CCL):

• 6/16/2026 – Carnival had its price target raised by Citigroup Inc. from $35.00 to $37.00. They now have a “buy” rating on the stock.
• 6/12/2026 – Carnival had its price target raised by Stifel Nicolaus from $35.00 to $36.00. They now have a “buy” rating on the stock.
• 6/3/2026 – Carnival was upgraded by Freedom Capital to “strong-buy”.
• 6/1/2026 – Carnival is now covered by Loop Capital. They set a “buy” rating and a $36.00 price target on the stock.
• 5/22/2026 – Carnival had its price target lowered by Truist Financial Corporation from $30.00 to $29.00. They now have a “hold” rating on the stock.
• 5/18/2026 – Carnival was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 5/15/2026 – Carnival had its price target raised by TD Cowen from $33.00 to $34.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Carnival was upgraded by Zacks Research from “strong sell” to “hold”.

Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Monday, May 18th. Carnival’s dividend payout ratio is presently 26.67%.

Insider Transactions at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the completion of the transaction, the director owned 52,601 shares of the company’s stock, valued at $1,377,620.19. This represents a 18.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bettina Alejandra Deynes sold 43,058 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 55,058 shares of company stock valued at $1,524,195. Insiders own 7.90% of the company’s stock.

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.