What is Zacks Research’s Estimate for Carnival Q1 Earnings?

Carnival Corporation (NYSE:CCL) – Equities research analysts at Zacks Research boosted their Q1 2027 EPS estimates for shares of Carnival in a research note issued to investors on Monday, July 6th. Zacks Research analyst Team now forecasts that the company will earn $0.19 per share for the quarter, up from their prior estimate of $0.11. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Carnival’s current full-year earnings is $2.22 per share. Zacks Research also issued estimates for Carnival’s Q2 2027 earnings at $0.41 EPS, FY2027 earnings at $2.57 EPS and Q1 2028 earnings at $0.35 EPS.

A number of other equities research analysts also recently weighed in on the company. Wall Street Zen downgraded Carnival from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Loop Capital started coverage on Carnival in a research note on Monday, June 1st. They set a “buy” rating and a $36.00 price objective on the stock. Sanford C. Bernstein downgraded shares of Carnival from a “market perform” rating to a “market perform” rating in a report on Tuesday, June 23rd. HSBC upgraded shares of Carnival from a “hold” rating to a “buy” rating and lowered their target price for the company from $33.60 to $30.10 in a research note on Monday, March 30th. Finally, Freedom Capital raised shares of Carnival to a “strong-buy” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Carnival presently has a consensus rating of “Moderate Buy” and an average target price of $34.99.

Carnival Trading Down 3.8%

Shares of NYSE CCL opened at $25.66 on Thursday. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80. The stock’s 50 day moving average price is $27.40 and its two-hundred day moving average price is $28.44. Carnival has a 52-week low of $23.45 and a 52-week high of $34.03. The stock has a market capitalization of $35.14 billion, a P/E ratio of 11.56, a PEG ratio of 1.18 and a beta of 2.32.

Carnival (NYSE:CCL) last posted its quarterly earnings results on Tuesday, June 23rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.69 billion. Carnival had a return on equity of 26.11% and a net margin of 11.24%.The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the firm earned $0.35 earnings per share. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS.

Institutional Investors Weigh In On Carnival

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Carnival by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after acquiring an additional 368,445 shares during the period. State Street Corp increased its holdings in shares of Carnival by 1.5% in the 4th quarter. State Street Corp now owns 48,074,173 shares of the company’s stock worth $1,468,185,000 after acquiring an additional 704,433 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Carnival by 0.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,109,629 shares of the company’s stock worth $1,043,929,000 after acquiring an additional 291,864 shares during the period. Geode Capital Management LLC lifted its position in Carnival by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock valued at $896,104,000 after purchasing an additional 683,311 shares during the last quarter. Finally, Nuveen LLC boosted its stake in Carnival by 1.4% during the 4th quarter. Nuveen LLC now owns 26,729,524 shares of the company’s stock valued at $816,320,000 after purchasing an additional 364,529 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $28.10, for a total value of $1,209,929.80. Following the sale, the insider owned 69,238 shares of the company’s stock, valued at approximately $1,945,587.80. This trade represents a 38.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 7.90% of the company’s stock.

Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, May 18th. Carnival’s dividend payout ratio is presently 27.03%.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Negative Sentiment: Escalating tensions in the Strait of Hormuz and Iran-related headlines pushed oil prices higher, increasing concern that Carnival’s fuel expenses will rise and pressure margins. Carnival Stock Faces Margin Squeeze as Strait of Hormuz Tension Rises
• Negative Sentiment: Market commentary says the selloff may be amplified because Carnival recently warned that higher fuel prices were already hurting margins, making investors more sensitive to another oil spike. Carnival Slides as Oil Spike Revives Fuel-Cost Concerns
• Neutral Sentiment: Analysts at Zacks Research trimmed several near- and medium-term EPS estimates for Carnival, signaling some caution on profitability, though they kept a Hold rating. MarketBeat CCL coverage
• Positive Sentiment: Some recent travel demand indicators remain solid, with reports saying Carnival’s FY27 bookings are still at historically high levels and pricing remains strong, which could help offset cost pressure if oil stabilizes. Carnival’s FY27 Bookings Stay Strong: Is Europe Pressure Transitory?

About Carnival

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.