CUK - Carnival plc
| Previous close | 13.53 |
| Open | 13.75 |
| Bid | 0.00 x 3200 |
| Ask | 0.00 x 900 |
| Day's range | 13.66 - 14.73 |
| 52-week range | 7.08 - 52.60 |
| Volume | 1,104,612 |
| Avg. volume | 2,270,326 |
| Market cap | 11.133B |
| Beta (5Y monthly) | 1.96 |
| PE ratio (TTM) | 5.36 |
| EPS (TTM) | 2.72 |
| Earnings date | 18 Jun 2020 - 22 Jun 2020 |
| Forward dividend & yield | 2.00 (14.78%) |
| Ex-dividend date | 20 Feb 2020 |
| 1y target est | N/A |
- Motley Fool
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Rose Today
Cruise ship stocks rallied on Monday, as optimism for COVID-19 vaccines and treatments rose. A flurry of encouraging coronavirus-related developments in recent days likely contributed to the gains in cruise ship stock prices. On Friday, Moderna (NASDAQ: MRNA) announced the commencement of its phase 2 study for its COVID-19 vaccine, mRNA-1273.
- Business Wire
ROSEN, A RESPECTED AND LEADING FIRM, Reminds Carnival Corporation & Plc Investors of Important Deadline in Securities Class Action – CCL, CUK
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL, CUK) between January 28, 2020 and May 1, 2020, inclusive (the "Class Period") of the important July 27, 2020 deadline in the securities class action. The lawsuit seeks to recover damages for Carnival investors under the federal securities laws.
- Business Wire
CARNIVAL CRUISE LINE INVESTOR ALERT: Nationally Ranked Labaton Sucharow Announces Complaint on Behalf of Stock, Options, and Derivative Purchasers and Strongly Encourages Investors to Contact The Firm
Labaton Sucharow LLP, a leading and award winning investor rights law firm, announces a securities class action complaint has been filed on behalf of purchasers of Carnival Cruise Line (Ticker: CCL) securities resulting from allegations that Carnival may have issued materially misleading business information to the investing public.
- Motley Fool
Can Cruise Line Stocks Bounce Back in June?
Just one cruise line moved higher in May. Carnival, Royal Caribbean, and Norwegian Cruise Line need to get back on course this month.
- Zacks
Carnival (CCL) Stock Sinks As Market Gains: What You Should Know
Carnival (CCL) closed at $15.74 in the latest trading session, marking a -1.19% move from the prior day.
- Business Wire
COMPLAINT FILED AGAINST CARNIVAL CRUISE LINE OVER COVID: Nationally Ranked Litigation Firm Labaton Sucharow Announces Complaint and Strongly Encourages Investors with Losses of $100,000 or More to Contact The Firm
Labaton Sucharow LLP, a leading and award winning investor rights law firm, announces a securities class action complaint has been filed on behalf of purchasers of Carnival Cruise Line (Ticker: CCL) securities resulting from allegations that Carnival may have issued materially misleading business information to the investing public.
- Business Wire
CCL INVESTOR ALERT: Bernstein Liebhard Announces that a Securities Class Action Lawsuit has been Filed Against Carnival Corporation
Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Carnival Corporation ("Carnival" or the "Company") (NYSE:CCL) between January 28, 2020 and May 1, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the Southern District of Florida alleges violations of the Securities Exchange Act of 1934.
- Motley Fool
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Sank Today
Cruise-ship stocks gave up some of their recent gains on Thursday. Shares of Carnival (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) fell 7.6%, 4.8%, and 8.6%, respectively. Many travel-related companies saw their stock prices rally as the markets resumed trading after Memorial Day weekend.
- Business Wire
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc
- ROSEN, A RESPECTED AND LEADING FIRM, Reminds Hamilton Beach Brands Holding Company Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the FirmPR Newswire
- R ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 20, 2020 in the Class Action Filed on Behalf of Ryder System, Inc. Limited ShareholdersNewsfile
- Business Wire
CARNIVAL ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Carnival Corporation & Plc and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Florida on behalf of investors that purchased Carnival Corporation & Plc (NYSE: CCL) securities between January 28, 2020 and May 1, 2020 (the "Class Period"). Investors have until July 27, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of GSX Techedu Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 16, 2020 - GSXNewsfile
- Sorrento Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Sorrento Therapeutics, Inc. To Contact The FirmNewsfile
- Bloomberg
$1 Trillion of Corporate Bonds Today, Downgrades Tomorrow
(Bloomberg Opinion) -- The amount of new debt issued this year in the U.S. investment-grade corporate bond market will reach $1 trillion today, by far the fastest pace in history. The implications of that milestone depend on how you look at it.For businesses that had been ravaged by the coronavirus pandemic and the ensuing nationwide lockdowns, access to capital markets was a lifeline to get through the worst of the economic collapse. Sure, Carnival Corp. had to offer interest rates like a junk-rated borrower and Boeing Co. needed to include a so-called coupon step-up provision to offset jitters that it could lose its investment grades. But, in the words of Federal Reserve Chair Jerome Powell, these deals avoided turning “liquidity problems into solvency problems” for brand-name American companies.It’s worth remembering that until the Fed stepped in with extraordinary support for credit markets, averting widespread failures was far from guaranteed. Investors pulled a staggering $35.6 billion and $38 billion from investment-grade funds in the weeks ended March 18 and March 25, respectively. Before 2020, the previous record was $5.1 billion of outflows. I wrote on March 19 that bond markets were veering into a vicious cycle that could get ugly in a hurry — four days later, the Fed announced what would end up becoming a $750 billion backstop for corporate America.Now, the Fed hasn’t actually had to buy any individual bonds yet, a fact that Powell seems proud to share. “We may have to be lending money to those companies, but even better, they can borrow themselves now, and a lot of that has been happening and that’s a really good thing,” he said during May 19 testimony before the Senate Banking Committee.Most people would probably agree with that assessment, at least for the immediate future as the country grapples with restarting the world’s largest economy. But what about the longer-term view?Here, the rampant borrowing paints a more sobering picture. As of late April, 1,287 issuers worldwide rated between AAA and B- by S&P Global Ratings were considered at risk of a potential downgrade, up from 860 in March and 649 in February. That surpasses the previous all-time high set in 2009. “Generally, we expect heavy credit erosion in coming months as issuers, especially those in the lower-rated spectrum come under heavy fire from poor earnings, continued difficulties in managing cost structures, and market volatility creating limited funding opportunities,” said Sudeep Kesh, head of S&P’s credit markets research.That’s bad enough, but doesn’t even strike at the heart of the issue. Last year was supposed to be the beginning of a broad “debt diet” among companies that borrowed huge sums to finance mergers and acquisitions during the longest expansion in U.S. history. That didn’t end up taking place on a wide scale. Even a success story like AT&T Inc., which made headway in trimming its debt stack, still found itself back in the bond market recently, borrowing $12.5 billion on May 21 in what was the biggest deal since Boeing’s $25 billion blockbuster offering.When it comes to companies directly impacted by the coronavirus pandemic or structural changes to their industries, the “big three” of S&P, Moody’s Investors Service and Fitch Ratings haven’t shied away from taking action. Ford Motor Co., Kraft Heinz Co., Macy’s Inc. and Occidental Petroleum Corp. are just a few of the “fallen angels” that lost their investment grades earlier this year.The rating companies haven’t been quite as keen to react to high leverage metrics. I frequently refer back to this feature from Bloomberg News’s Molly Smith and Christopher Cannon, which found that of the 50 biggest corporate acquisitions in the five years through October 2018, more than half of the acquiring companies increased their leverage to a level that would seemingly merit a junk rating but remained investment grade on the assumption that they’d take that leverage down in the coming years. Those expectations seemed ambitious in 2018, when the economy was seemingly invincible. Now, no one can truly expect companies to focus on right-sizing their debt. Corporate leaders are rightfully eager to raise cash to get to the other side of the pandemic, especially with all-in yields not far off from record lows. The vast majority of the $1 trillion in borrowing so far this year was by no means imprudent.In the years ahead, however, the overhang from this issuance spree will inevitably weigh down credit ratings. A company with more debt presents a greater risk of missed interest payments than if it had fewer fixed obligations. Fortunately, for much of the previous expansion, firms had no issue finding investors willing to buy their long-term securities. That practice of rolling over debt and extending maturities might very well be the norm in the months and years ahead, too. Still, if the first five months of 2020 are any indication, investment-grade bondholders will have to get comfortable with even more bloated balance sheets and the prospect of further credit downgrades. For better or worse, with the confidence that the Fed has their back, that seems like a risk investors are willing to take.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- GlobeNewswire
ROSEN, LEADING TRIAL ATTORNEYS, Announces Filing of Securities Class Action Lawsuit Against Carnival Corporation & Plc; Encourages Investors with Losses in Excess of $100k to Contact the Firm – CCL, CUK
NEW YORK, May 28, 2020 -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of.
- Motley Fool
Should You Buy Cruise Stocks? Know the Risks
Royal Caribbean, Carnival, and Norwegian cruise lines may survive the coronavirus pandemic -- but they may not.
- Business Wire
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc.
- MESA ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 1, 2020 in the Class Action Filed on Behalf of Mesa Air Group Incorporated Limited ShareholdersNewsfile
- ROSEN, A RESPECTED AND LEADING FIRM, Reminds Hamilton Beach Brands Holding Company Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the FirmPR Newswire
- Business Wire
EQUITY ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Announces Filing of Securities Class Action Lawsuit Against Carnival Corporation & Plc; Encourages Investors with Losses in Excess of $100k to Contact the Firm – CCL, CUK
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL, CUK) between January 28, 2020 and May 1, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Carnival investors under the federal securities laws.
- Motley Fool
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Jumped -- Then Slumped -- Wednesday
In the first few minutes of trading Wednesday, shares of Norwegian Cruise Line Holdings (NYSE: NCLH), Carnival Corporation (NYSE: CCL), and Royal Caribbean (NYSE: RCL) rushed forward in near lockstep, rising 11.3%, 11.5%, and 11.6% -- but the rally didn't last the hour. Seems investors can't make up their minds what's going on with the cruise industry today. Clearly cruise stocks are moving as a group, and not based on how investors weigh their individual merits -- which isn't surprising.
- Motley Fool
How I Pick Approved Needles in a Vaccine Haystack
In the last few weeks, bio-tech companies of all sizes have made impressive strides toward a vaccine. Many dozens of approaches are being taken, most will fail. With a future potential coronavirus inoculation carrying such an overwhelmingly positive public utility, which company will win? Choosing from the companies racing to the finish line is quite difficult, and also risky.
- Motley Fool
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Surged 10% (and More) Today
A holiday weekend, a new week, and a new coronavirus vaccine candidate -- these three factors helped spark a new stock rally Tuesday, and cruise line stocks Carnival Corporation (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line (NYSE: NCLH) are key beneficiaries of the optimism today. In 1 p.m. EDT trading, shares of Norwegian Cruise Line Holdings stock are up a whopping 15.0%, with Carnival (up 12.7%) and Royal Caribbean (up 13.8%) shares not far behind.
- Motley Fool
Stock Market News: Why Shares of Cruise Companies Are Soaring as Moderna Plunges
Tuesday morning brought renewed enthusiasm to Wall Street, as investors grow increasingly optimistic that economic reopenings taking place across the U.S. will have a positive result without causing a new uptick in COVID-19 cases. Market participants focused on the possibility that a coronavirus vaccine could be out sooner than expected. The S&P 500 (SNPINDEX: ^GSPC) rose 58 points to 3,014, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 122 points to 9,447.
- Motley Fool
3 Travel and Tourism Stocks Poised for a Bull Run
The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.
- GlobeNewswire
Portnoy Law Firm: Carnival Cruise Investors Can Seek Recovery of Losses
Click here to learn more and join potential securities class action. LOS ANGELES, May 22, 2020 -- The Portnoy Law Firm announces it is investigating potential federal.
- Motley Fool
Do Carnival Insiders Know Something We Should?
A member of Carnival Cruise Lines' board recently bought $10 million worth of shares. Saudi Arabia is in, too. Should investors match their confidence?
- Yahoo Finance
Why one analyst thinks now is the time to buy cruise stocks: Morning Brief
Top news and what to watch in the markets on Friday, May 22, 2020.
- Motley Fool
Why Shares of Norwegian Cruise Line, Royal Caribbean, and Carnival All Jumped on Thursday
Volatility continues to be the name of the game for cruise line stocks in May, and Thursday's trading is no different. Today, the catalyst for shares surging was a Credit Suisse analyst initiating relatively positive coverage on cruise line stocks. Shares of Norwegian Cruise Line (NYSE: NCLH) jumped as much as 12.3%, Royal Caribbean (NYSE: RCL) was up 10.7% early in trading, and Carnival (NYSE: CCL) rose 6.9%.
- Motley Fool
This Analyst Sees Carnival, Norwegian Cruise Line, and Royal Caribbean as Good Bets
The cruise ship industry has been tempest-tost as the COVID-19 pandemic shipwrecked the stocks of Carnival (NYSE: CCL), Norwegian Cruise Line (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) over the last three months with losses of 60% or more. Chaiken initiated coverage on Carnival, Norwegian, and Royal, though he sees the latter two cruise lines as better investments.
