Carnival Corp. (NYSE:CCL) announced a quarterly dividend on Thursday, July 18th, Analyst Ratings Network.com reports. Stockholders of record on Friday, August 23rd will be paid a dividend of $0.25 per share on Friday, September 13th. This represents a $1.00 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Wednesday, August 21st.
CCL has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Carnival Corp. in a research note to investors on Tuesday, July 9th. They now have a $33.00 price target on the stock. On a related note, analysts at Zacks reiterated an “underperform” rating on shares of Carnival Corp. in a research note to investors on Wednesday, July 3rd. They now have a $32.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Carnival Corp. from $32.00 to $34.00 in a research note to investors on Thursday, June 27th. They now have a “neutral” rating on the stock.
Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $164.86.
Carnival Corp. (NYSE: CCL) traded up 0.99% on Thursday, hitting $36.66. Carnival Corp. has a 1-year low of $31.65 and a 1-year high of $39.95. The stock’s 50-day moving average is currently $34.0. The company has a market cap of $28.412 billion and a price-to-earnings ratio of 18.80.
Carnival Corp. (NYSE:CCL) last posted its quarterly earnings results on Tuesday, June 25th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.02. The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.56 billion. During the same quarter last year, the company posted $0.20 earnings per share. Carnival Corp.’s revenue was down 1.2% compared to the same quarter last year. Carnival Corp. has set its Q3 guidance at $1.25-1.33 EPS and its FY13 guidance at $1.45-1.65 EPS. Analysts expect that Carnival Corp. will post $1.55 EPS for the current fiscal year.
Carnival Corporation is a cruise company. The Company operates in two segments: North America and Europe, Australia & Asia (NYSE: CCL).
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