Carnival Corporation (NYSE:CUK) Sees Significant Drop in Short Interest

Carnival Corporation (NYSE:CUK) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,172,308 shares, a decline of 17.7% from the November 30th total of 1,424,164 shares. Based on an average daily volume of 1,769,985 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 1,769,985 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Carnival

A number of large investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its holdings in shares of Carnival by 376.5% during the third quarter. CIBC Private Wealth Group LLC now owns 953 shares of the company’s stock valued at $25,000 after buying an additional 753 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Carnival in the 2nd quarter worth about $26,000. Northwestern Mutual Wealth Management Co. lifted its stake in Carnival by 188.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after acquiring an additional 729 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Carnival by 70.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company’s stock worth $43,000 after acquiring an additional 688 shares during the period. Finally, Sound Income Strategies LLC purchased a new stake in Carnival in the second quarter worth approximately $44,000. Institutional investors own 23.80% of the company’s stock.

Carnival Trading Down 1.1%

Shares of NYSE:CUK traded down $0.33 on Wednesday, reaching $30.31. 827,484 shares of the company traded hands, compared to its average volume of 2,065,528. The stock has a market capitalization of $5.71 billion, a P/E ratio of 15.16 and a beta of 2.57. The business’s 50-day simple moving average is $25.70 and its 200 day simple moving average is $26.39. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96. Carnival has a 52 week low of $13.65 and a 52 week high of $32.65.

Carnival (NYSE:CUK) last issued its earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. The company had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.37 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.Carnival has set its FY 2026 guidance at 2.480-2.480 EPS and its Q1 2026 guidance at 0.170-0.17 EPS. As a group, equities analysts anticipate that Carnival will post 1.7 EPS for the current fiscal year.

Carnival Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, February 13th.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Carnival in a research note on Monday. One analyst has rated the stock with a Hold rating, According to MarketBeat, Carnival presently has an average rating of “Hold”.

About Carnival

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.