Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Carnival (CUK) Share Price

News coverage about Carnival (NYSE:CUK) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carnival earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.9314927504574 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

Separately, ValuEngine lowered Carnival from a “buy” rating to a “hold” rating in a report on Tuesday, March 20th.

Shares of NYSE CUK traded up $0.61 during midday trading on Friday, reaching $66.27. 336,102 shares of the company were exchanged, compared to its average volume of 352,474. The company has a quick ratio of 0.14, a current ratio of 0.19 and a debt-to-equity ratio of 0.31. Carnival has a 1 year low of $58.28 and a 1 year high of $72.29. The firm has a market cap of $13,774.90, a P/E ratio of 17.35 and a beta of 0.83.

Carnival (NYSE:CUK) last released its quarterly earnings results on Thursday, March 22nd. The company reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.13. Carnival had a return on equity of 11.97% and a net margin of 14.73%. The firm had revenue of $4.23 billion for the quarter. analysts anticipate that Carnival will post 4.3 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, May 25th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.02%. This is a positive change from Carnival’s previous quarterly dividend of $0.45. Carnival’s dividend payout ratio (DPR) is currently 47.12%.

In related news, CEO Stein Kruse sold 8,171 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $68.73, for a total transaction of $561,592.83. Following the transaction, the chief executive officer now owns 75,615 shares of the company’s stock, valued at $5,197,018.95. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Arnaldo Perez sold 7,000 shares of the firm’s stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $64.01, for a total value of $448,070.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 54,971 shares of company stock worth $3,731,450. Corporate insiders own 0.03% of the company’s stock.

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Carnival Company Profile

Carnival plc operates as a leisure travel and cruise company. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia.

Insider Buying and Selling by Quarter for Carnival (NYSE:CUK)

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