News stories about Carnival Corporation (NYSE:CUK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Carnival Corporation earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.759324273203 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, ValuEngine upgraded Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.
Carnival Corporation (CUK) traded down 1.05% during mid-day trading on Thursday, reaching $67.91. The company had a trading volume of 155,645 shares. The stock’s 50-day moving average price is $66.86 and its 200 day moving average price is $60.78. Carnival Corporation has a 52 week low of $44.60 and a 52 week high of $69.12. The firm has a market capitalization of $49.17 billion, a PE ratio of 17.96 and a beta of 0.70.
Carnival Corporation (NYSE:CUK) last issued its quarterly earnings results on Thursday, June 22nd. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.07. Carnival Corporation had a return on equity of 11.26% and a net margin of 16.48%. The company had revenue of $3.95 billion during the quarter. On average, equities research analysts predict that Carnival Corporation will post $3.57 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 2.36%. Carnival Corporation’s dividend payout ratio is currently 42.55%.
In other Carnival Corporation news, insider Alan Buckelew sold 15,000 shares of Carnival Corporation stock in a transaction dated Friday, July 21st. The stock was sold at an average price of $67.52, for a total transaction of $1,012,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Olaf Thamm sold 12,768 shares of Carnival Corporation stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $65.89, for a total value of $841,283.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 42,768 shares of company stock valued at $2,859,384. 0.04% of the stock is currently owned by insiders.
About Carnival Corporation
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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