News

Earnings season has come to a close for the three publicly traded cruise lines. Once again, it's Royal Caribbean (NYSE: RCL) at the head of the pack in this fiscal regatta.

This isn't meant to

Two of the three largest cruise line operators have posted quarterly results over the past week. Don't expect to hear from Carnival Corp. (NYSE: CCL) anytime soon. The market leader operates on a

Carnival (NYSE: CCL) (NYSE: CUK) navigated stormy seas in the earliest days of the pandemic. The world's biggest cruise company was forced to halt sailings, and that resulted in profit plunging and

One of last year's biggest winners has been taking in water this year. Shares of Carnival Corp. (NYSE: CCL) more than doubled last year. The world's largest cruise line operator isn't exactly

Carnival Corp (NYSE: CCL), with 43% of all world cruise passenger traffic, is the market leader, well ahead of cruise line companies like Royal Caribbean and Norwegian Cruise Line Holdings.

Given

In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time.

It's been a different story since then,

Carnival's (NYSE: CCL) business made a massive recovery last year, and its stock gained 130%. But so far in 2024, it's down 18%. So is the cruise line giant's recovery story over, or is this an

In 2023 Carnival (NYSE: CCL) had 3.5 million first-time cruisers aboard its fleet of ships. To put that in a better context, it attracted 51% more new-to-cruising guests in the fourth quarter of

Carnival (NYSE: CCL) stock is still recovering from the pandemic. At around $16 a share, the stock is still nowhere near the $50-plus price tag it was trading at in late 2019.

The company

An analyst just reduced his price target for Carnival (NYSE: CCL), but he still thinks investors should come aboard the cruise line operator's stock.

That view is a popular one, given that the

Strong demand in travel has sent Carnival (NYSE: CCL) shares up 60% over the last year, but the stock's recent pullback could be a great buying opportunity, according to analysts at Stifel

Carnival Corp. (NYSE: CCL) is no longer a meme stock. It's up 65% over the past year, and its business is back to booming. Now that it's rebounded, should investors move on the next big thing? Not

Carnival's (NYSE: CCL) business was doing well prior to the onset of the pandemic. The public health crisis dealt a blow to the industry, but things are starting to pick up in a big way.

Investors

Famous cruise line Carnival Corporation (NYSE: CCL) has been a hot stock over the past year. Shares have nearly doubled. Investors buying the stock as a play on recovering consumer spending

Carnival (NYSE: CCL) and Coupang (NYSE: CPNG) may not seem out of favor, but zoom out. Both of these one-time highfliers are now trading more than 70% below their all-time highs.

If you have $1,000

Image source: The Motley Fool.

Carnival Corp. (NYSE: CCL)Q1 2024 Earnings CallMar 27, 2024, 10:00 a.m. ET

Beth Roberts

Continue reading

Source Fool.com

Conflict and piracy in and around the Red Sea have thrown a monkey wrench into the travel plans of cruise ship companies that operate there. Carnival Corp. (NYSE: CCL), in particular, suffered a

Fool.com contributor Parkev Tatevosian describes one critical factor for Carnival (NYSE: CCL) stock.

*Stock prices used were the afternoon prices of March 14, 2024. The video was published on March