Is CCL undervalued?
Is CCL undervalued? Compared to the current market price of 12.5 USD, Carnival Corp is Undervalued by 63%.
Who owns the most Carnival stock?
Carnival (NYSE: CCL) is owned by 50.02% institutional shareholders, 35.60% Carnival insiders, and 14.38% retail investors. Micky Meir Arison is the largest individual Carnival shareholder, owning 182.46M shares representing 13.97% of the company. Micky Meir Arison's Carnival shares are currently valued at $2.29B.
Why is CCL stock rising?
Key Growth Drivers Shares of Carnival have gained 112.9% in the past six months compared with the industry's 26.7% growth. The company has been benefiting from solid demand for cruising, strong pricing environment and capacity-generation initiatives.
Can Carnival stock go to zero?
Cruise giant Carnival was hit hard during the worst of the pandemic. Now, a top Wall Street analyst has issued a dire potential outlook for the company in the case of recession. Morgan Stanley's Jamie Rollo outlined a worse-case scenario: Carnival stock could fall to $0 in the event of a global economic downturn.
How many shares do you need for Carnival?
Buying at least 100 shares has a notable shareholder benefit. Shareholders with this many shares can receive an onboard credit of $50 to $250 per stateroom on sailings through July 31, 2024, for reservations made by Feb. 28, 2024.
What is the prediction for Carnival cruise stock?
Stock Price Forecast The 18 analysts offering 12-month price forecasts for Carnival Corp have a median target of 19.00, with a high estimate of 25.00 and a low estimate of 10.18. The median estimate represents a +49.14% increase from the last price of 12.74.