Zacks Short Term Rating on Carnival Corporation (NYSE:CUK)

In the current trading session the stock reached as high as 49.57 and dipped down to 48.89.

“Cozumel is the Caribbean’s most visited cruise ship destination and consistently receives high ratings from our guests, So the destination is in demand by our guests, and we are excited about officially opening the third berth to our pier, since it gives our brands greater flexibility for visiting Cozumel and more of our guests the opportunity to enjoy the island.”

9/25/2015 – Carnival Corp had its “outperform” rating reaffirmed by analysts at Raymond James. Strong buy was given by 7 Wall Street Analysts.

9/24/2015 – Carnival Corp had its “equal weight” rating reaffirmed by analysts at Barclays. They now have a “neutral” rating on the stock. This is the consensus average from the 12 firms publishing reports.

Carnival Corporation (NYSE:CUK) has dropped 0.5% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 2.04% in the last 4 weeks. They now have a $52.00 price target on the stock. Any cruise brand under Carnival can use the new berth. The company had a buy rating from 1 analysts. Major Brokerage house, Nomura upgrades its ratings on Carnival Corporation (NYSE:CCL). The firm has a market capitalization of $38.60 billion and a P/E ratio of 27.54. On Jul 31, 2015, the shares registered one year high at $54.05 and the one year low was seen on October 15, 2014.

On a technical level the stock has a 50 Day Moving Average of 50.05. The company now has two new 133,500-ton ships on order-Carnival Vista, set to debut in 2016, and an as-yet-unnamed vessel scheduled to enter service in 2018.

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 21st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, August 19th. The business had revenue of $4.90 billion for the quarter. This represents a $1.20 dividend on an annualized basis and a yield of 2.44%.

In other news, Director Richard Glasier sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $52.04, for a total value of $520,400.00.

Carnival plc, is a cruise company. The Company has three cruise sections that consist of North America cruise brands, Europe, Australia & Asia (NYSE:CCL) cruise brands, and Cruise Support. In addition, it also has a Tour as well as Other segment.

From the exclusive Seuss at Sea program offered in conjunction with Dr. Seuss Enterprises to the Carnival LIVE Concert Series which entertains guests with a few of the top acts in music to exciting food and beverage concepts like Guy’s Burger Joint developed in partnership with Food Network star Guy Fieri, Carnival continues to evolve its vacation experience to keep up with consumer trends and exceed the expectations of its guests. The new Amber Cove cruise port on the north coast of the Dominican Republic has welcomed its first ship, the Carnival Victory. Its EAA segment cruise brands include AIDA Cruises (AIDA), Costa Cruises (Costa), Cunard, Ibero Cruises (Ibero), P&O Cruises (Australia) and P&O Cruises.