Carnival (NYSE:CUK) announced its quarterly earnings data on Thursday. The company reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.13, Morningstar.com reports. Carnival had a net margin of 14.88% and a return on equity of 11.78%.
Shares of Carnival (NYSE CUK) opened at $66.81 on Friday. Carnival has a 1-year low of $56.79 and a 1-year high of $72.29. The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 0.29. The company has a market cap of $13,948.66, a price-to-earnings ratio of 18.35 and a beta of 0.77.
The company also recently declared a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Friday, February 23rd were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 2.69%. Carnival’s dividend payout ratio is currently 50.14%.
Separately, ValuEngine lowered shares of Carnival from a “buy” rating to a “hold” rating in a report on Tuesday.
In related news, CEO Stein Kruse sold 60,665 shares of the company’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $66.59, for a total transaction of $4,039,682.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Arnold W. Donald sold 8,000 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $71.66, for a total transaction of $573,280.00. Following the sale, the chief executive officer now owns 102,150 shares of the company’s stock, valued at $7,320,069. The disclosure for this sale can be found here. Insiders have sold a total of 295,323 shares of company stock valued at $19,875,863 over the last quarter. 0.03% of the stock is currently owned by company insiders.
A number of large investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in Carnival by 2.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 32,097 shares of the company’s stock valued at $2,069,000 after buying an additional 877 shares during the last quarter. Hansberger Growth Investors LP raised its holdings in Carnival by 2.4% during the 4th quarter. Hansberger Growth Investors LP now owns 39,919 shares of the company’s stock valued at $2,646,000 after buying an additional 928 shares during the last quarter. Signaturefd LLC raised its holdings in Carnival by 12.9% during the 4th quarter. Signaturefd LLC now owns 9,281 shares of the company’s stock valued at $615,000 after buying an additional 1,063 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Carnival by 8.8% during the 4th quarter. Bank of New York Mellon Corp now owns 17,285 shares of the company’s stock valued at $1,145,000 after buying an additional 1,404 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Carnival by 0.9% during the 3rd quarter. Wells Fargo & Company MN now owns 188,682 shares of the company’s stock valued at $12,166,000 after buying an additional 1,686 shares during the last quarter. Institutional investors own 4.44% of the company’s stock.
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Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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