Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Sees Significant Growth in Short Interest

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 47,031,574 shares, a growth of 33.4% from the February 26th total of 35,261,833 shares. Approximately 10.4% of the company’s stock are short sold. Based on an average daily trading volume, of 28,320,106 shares, the days-to-cover ratio is currently 1.7 days.

Analyst Ratings Changes

NCLH has been the topic of a number of analyst reports. Truist Financial lowered their target price on shares of Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, March 24th. Wells Fargo & Company cut their price target on Norwegian Cruise Line from $33.00 to $32.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. UBS Group reissued a “neutral” rating on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Morgan Stanley dropped their target price on Norwegian Cruise Line from $25.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 4th. Finally, Barclays cut their target price on Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and a consensus target price of $25.63.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Board refresh and cooperation agreement with Elliott should reduce activist friction and improve governance stability — the company added five independent directors under a cooperation agreement. Norwegian Cruise Line Holdings Announces Board Refreshment
• Neutral Sentiment: Formal truce and planned board overhaul help execution oversight, but details on how the board will drive operational fixes are limited. Norwegian Cruise Line to Overhaul Board After Truce With Elliott
• Neutral Sentiment: New CEO John W. Chidsey signed an employment and RSU award agreement — provides leadership continuity but includes sizable equity that ties pay to performance and could dilute. Norwegian Cruise Line Holdings Enters into Employment and Equity Award Agreements with President and CEO
• Neutral Sentiment: Company highlights tech and systems updates aimed at efficiency gains — potentially positive for margins but benefits may take time to realize. Norwegian Cruise Line (NCLH) Updates Systems to Drive Efficiency
• Negative Sentiment: Rising fuel costs tied to the Iran conflict are an immediate earnings headwind and cited as a key reason the stock is falling despite the Elliott deal. Norwegian Cruise Line Strikes Deal With Elliott, Revamps Board. Why the Stock Is Still Falling.
• Negative Sentiment: Analyst notes and company commentary indicate operational execution gaps; management’s turnaround plan may not produce meaningful improvement until 2027, leaving short-term results under pressure. NCLH Leans on Turnaround Strategy: Is Performance Set to Improve?
• Negative Sentiment: Large potential CEO equity awards (reports suggest up to ~$48M) could concern investors about dilution and cost even if meant to align incentives. New NCLH CEO: $1.7 Million Salary, Potentially $48+ Million in Stock

Institutional Investors Weigh In On Norwegian Cruise Line

Several large investors have recently made changes to their positions in NCLH. SHP Wealth Management bought a new position in Norwegian Cruise Line during the fourth quarter valued at about $26,000. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line in the second quarter worth about $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $31,000. Clearstead Advisors LLC boosted its stake in Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after acquiring an additional 909 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in shares of Norwegian Cruise Line by 1,928.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after acquiring an additional 1,928 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Down 6.7%

NCLH stock traded down $1.33 during trading on Friday, reaching $18.52. The stock had a trading volume of 24,174,350 shares, compared to its average volume of 23,841,762. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 6.21. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 21.29, a P/E/G ratio of 0.52 and a beta of 2.00. Norwegian Cruise Line has a one year low of $14.21 and a one year high of $27.18. The company’s 50 day moving average is $21.62 and its two-hundred day moving average is $21.94.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 EPS. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. Equities research analysts forecast that Norwegian Cruise Line will post 1.48 EPS for the current year.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.