Carnival Corporation (CCL)
Consumer Discretionary · Cruise line operators · NYSE
The world's largest cruise operator, generating revenue from passenger tickets and onboard services across multiple global cruise brands.
What Carnival Corporation does
Carnival Corporation operates a fleet of cruise ships under multiple brands serving leisure travel customers globally. The company generates revenue through passenger ticket sales and onboard services including dining, entertainment, accommodations, and other amenities. Operating expenses include commissions, payroll, fuel, food costs, and depreciation of its substantial property and equipment base. The company services debt from capital-intensive ship construction and acquisition financing.
Themes: leisure and travel, cruise industry, global tourism
Fundamentals
- Price$25.73 as of 2026-08-21 close
- Market cap$35.2B as of 2026-08-21
- 1-year return-12.1% 2025-08-21 close $29.27 → 2026-08-21 close $25.73
- P/E12.60 as of 2026-08-24
- Net margin+11.2% as of 2026-08-24
- Gross margin+54.9% as of 2026-08-24
- ROE+24.4% as of 2026-08-24
- Debt / equity1.92 as of 2026-08-24
- Revenue growth (YoY)+5.2% as of 2026-08-24
- Revenue CAGR (3y)+29.8% SEC XBRL
- Beta2.39 as of 2026-08-24
- Last reported earnings2026-06-23 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.1%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How CCL compares in its sector
- price-to-earnings ratiobottom 25% 266 covered Consumer Discretionary peers, as of 2026-08-24
- net profit margintop 25% 334 covered Consumer Discretionary peers, as of 2026-08-24
- operating margintop 25% 334 covered Consumer Discretionary peers, as of 2026-08-24
- gross margintop 25% 331 covered Consumer Discretionary peers, as of 2026-08-24
- return on equitymiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- 3-year revenue CAGRtop 10% 325 covered Consumer Discretionary peers
- indicated dividend yieldbottom 25% 162 covered Consumer Discretionary peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)top 10% 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
CCL is not currently in any published Top 10 list. Its scores are below.
Long-term score
51.7 #430 of 987 scored · #27 of 115 in Consumer Discretionary
Capital return 71st (consecutive years of dividend increases 5 years) and valuation 68th (price to earnings 11.7, price to book 2.7); weakest is long-term trend (19th, trading below its 200-day average).
Short-term score
47.5 #953 of 1,704 scored · #100 of 186 in Consumer Discretionary
Setup 84th: no fresh 20-day breakout up or down; catalysts 54th: open-market insider buys in 90 days 14, the analyst consensus rating is unchanged since the prior reading; weakest is trend 18th: the price is 7% below the average price paid over the period covered, so the typical buyer over that stretch is under water.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which CCL reported a dividend payment is FY2020, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2020 ratio would not describe CCL today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2020) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How Carnival Corporation looks technically
Carnival Corporation (CCL) is trading 7.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 98 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative). It made a new 20-day high about 13 trading days ago. It is 24.4% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 7.8% below its 200-day average, the long-term trend line — a long-term downtrend | -7.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $27.78 | $27.78 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $27.89 | $27.89 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 16 calendar days ago — the swings before that are what the structure reading is measured on | 16 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 30.22. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 98 trading days ago — a "death cross", a bearish long-term signal | 98 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend | 15.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30) | 37.9 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($25.19 to $30.22) — its "stochastic" reading is 11 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 10.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $34.03 | $34.03 |
|---|---|---|
| From the 52-week high | it is 24.4% below its 52-week high (its highest price of the past year) | -24.4% |
| Above the 52-week low | it is 9.7% above its 52-week low (its lowest price of the past year) | +9.7% |
| Below the 52-week high | it is 24.4% below its highest point of the past year | 24.4% |
| Since a 20-day breakout | it made a new 20-day high about 13 trading days ago | 13 sessions |
| Since a 55-day breakout | it made a new 55-day high about 47 trading days ago | 47 sessions |
| All-time high | its highest closing price on record is $72.70 (set on 2018-01-30) | $72.70 |
| Given back of the 52-week move | over the past year its closes ranged ($23.89 to $33.99), and it has recovered roughly a quarter of its fall from last year’s high — 18% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $30.13 to $30.45. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 18.2% |
| From the all-time high | it is 64.6% below its all-time high | -64.6% |
| Nearest price level | it is sitting right on a resistance level at $25.78 — a price it turned at twice since 2025-11-04, most recently on 2026-06-11. Since 2024-08-21 it has 5 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.2% |
| All-time low | its lowest closing price on record is $6.11 (set on 2022-10-11) | $6.11 |
| Above the all-time low | it is 321.1% above its all-time low | +321.1% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 82% of it) | 18th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.9309 between its high and its low — about 3.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.9309 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $25.71 and $29.99 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $25.71 – $27.85 – $29.99 |
| Typical daily range (% of price) | its price moves about 3.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.6% |
| Stretch from the 200-day average | it is trading 2.3 daily ranges below its 200-day average price (7.8% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.3 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.01× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.1% |
|---|---|---|
| Open gap | it gapped 2.4% below the previous close 9 sessions ago and has not traded back through the level it left behind at 28.99 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.4% |
| Gap filled | a 2.0% gap up opened on 2026-08-04 has been "filled" 10 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 10 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 4.0 percentage points (the stock lost 1.6% while the market gained 2.3%) | -4.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 4.8 percentage points (the stock lost 1.7% while the market gained 3.1%) | -4.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 30.6 percentage points (the stock lost 19.6% while the market gained 11.1%) | -30.6% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 32.6 percentage points (the stock lost 12.1% while the market gained 20.5%) | -32.6% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.3% of the share price, which is taken to mean a barrier that gives way easily. | -6.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 8% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $27.82 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -7.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% below the average price paid since it last reported on 2026-06-23 (its 8-K), so the typical buyer over that stretch is under water. That average is $27.56 — a volume-weighted average of daily closes over 43 sessions, not a true tick-by-tick VWAP. | -6.6% |
Price levels it has turned at before
CCL last closed at $25.73 on 2026-08-21. Since 2024-08-21 it has turned at 5 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $25.78 | Resistance | 0.2% above the last close | turned there twice · 2025-11-04 to 2026-06-11 |
| $25.24 | Support | 1.9% below the last close | turned there four times · 2024-12-09 to 2026-07-23 |
| $24.67 | Support | 4.1% below the last close | turned there four times · 2024-12-18 to 2025-11-24 |
| $27.04 | Resistance | 5.1% above the last close | turned there four times · 2024-12-05 to 2026-06-23 |
| $27.88 | Resistance | 8.4% above the last close | turned there six times · 2025-08-01 to 2026-05-07 |
| $23.46 | Support | 8.8% below the last close | turned there five times · 2025-01-07 to 2026-05-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $30.22.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $19.70 and $23.72 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $30.22.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bearish (12/26/9) · trendless / choppy (low ADX) · lagging the market · At the bottom of its 14-day range (stochastic below 20) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.63 mean, 1=Strong Buy…5=Strong Sell) — 25 analysts
- Mean price target$35.55 range $28.70 – $43.00; median $35.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CCL
- Consensus EPS estimate$1.35 next reporting period, as of 2026-08-18
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["significant debt levels and interest expense","vulnerability to geopolitical instability and global health crises impacting travel demand","volatility in fuel prices affecting operating costs"]
What changed in the latest 10-Q
AI-assisted comparison of CCL's 10-Q filed 2026-06-26 against the prior one filed 2026-03-27.
Management's Discussion & Analysis (MD&A)
- Removed:
- Risk factor regarding DLC structure unification and migration of Carnival Corporation's legal incorporation to Bermuda (removed in newer filing dated 2026-06-26)
- Notes:
- The older filing (2026-03-27) contained a bullet point about DLC unification and Bermuda incorporation that is completely absent from the newer filing (2026-06-26), suggesting this risk factor was eliminated rather than revised
Risk Factors
- Added:
- Item 2. Unregistered Sales of Equity Securities and Use of Proceeds (new section header in June 2026 filing)
- DLC unification share exchange and related costs line item in shareholders' equity statements (June 2026)
- Conversion of Convertible Notes line item in six-month shareholders' equity statement (June 2026)
- Six-month consolidated financial statements comparing May 31, 2026 to May 31, 2025 (June 2026 filing shows six-month data; March 2026 filing showed three-month data)
- Carnival Corporation Ltd. common shares terminology and share count changes (1,514 shares issued at May 31, 2026 vs. 1,367 at February 28, 2026)
- Carnival plc ordinary shares listed as no shares issued at May 31, 2026 (vs. 217 shares at February 28, 2026)
- Removed:
- Item 2 section header not present in June 2026 filing Risk Factors section (appears in filing structure but not in the provided Risk Factors excerpt)
- Carnival Corporation & PLC entity name changed to Carnival Corporation Ltd. in consolidated statements
- Three-month comparison data for February 28 period (March 2026 filing) replaced with three-month and six-month data for May 31 period (June 2026 filing)
- Carnival plc ordinary shares of 217 shares issued at February 28, 2026 (June 2026 shows zero shares issued)
- Reworded:
- Entity name changed from 'Carnival Corporation & PLC' to 'Carnival Corporation Ltd.' in consolidated statements headers
- Share terminology changed from 'Common stock' to 'Common shares' for Carnival Corporation
- Treasury stock description changed from 'Carnival Corporation and' to 'Carnival Corporation Ltd. and'
- Shareholders' equity attribution description changed from 'Carnival Corporation & plc' to 'Carnival Corporation Ltd.'
- Notes:
- The Risk Factors section itself is not fully provided in either filing excerpt; only page numbers and section headers are shown
- Financial data comparison is between different reporting periods (three months ended February 28, 2026 vs. six months ended May 31, 2026), which affects comparability
- The document appears to be truncated mid-sentence in both versions, limiting complete assessment of all content changes
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($1M) — 1 selling insider
- Last 180 days0 buys · 2 sells ($1M) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-05-28. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CCL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 6 matched disclosures for CCL from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Short interest (FINRA)
CCL had 37,720,831 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CCL had 2.75% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.9 days to cover at the same settlement.
- Reported short interest (shares) 37,720,831
- Short interest (% of shares outstanding) 2.75%
- Prior settlement (shares) 33,756,235
- Reported change 11.74%
- Days to cover (reported) 1.9
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CCL vs…
Carnival Corporation is found in…
Frequently asked questions
What does Carnival Corporation (CCL) do?
Carnival Corporation operates a fleet of cruise ships under multiple brands serving leisure travel customers globally. The company generates revenue through passenger ticket sales and onboard services including dining, entertainment, accommodations, and other amenities. Operating expenses include commissions, payroll, fuel, food costs, and depreciation of its substantial property and equipment base. The company services debt from capital-intensive ship construction and acquisition financing.
What sector is Carnival Corporation (CCL) in?
Carnival Corporation (CCL) is classified in the Consumer Discretionary sector. Its industry is Cruise line operators. It trades on NYSE.
Does CCL pay a dividend?
Yes — Carnival Corporation (CCL) pays a dividend, with an indicated yield of about 1.07% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are Carnival Corporation's (CCL) competitors?
Notable peers of Carnival Corporation (CCL) include Royal Caribbean Group and Norwegian Cruise Line Holdings. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in CCL?
Yes — we hold 6 matched STOCK Act disclosures for CCL from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Carnival Corporation (CCL) overbought or oversold right now?
Carnival Corporation (CCL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 38, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CCL come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.