How to buy Carnival shares | 980p

Own Carnival shares in just a few minutes.

Fact checked
Carnival Corporation logo

Carnival Corporation & Plc (CCL) is a leading leisure business based in the UK. It opened the day at 976.4p after a previous close of 978.4p. During the day the price has varied from a low of 956.1382p to a high of 1014.5p. The latest price was 980p (25 minute delay). Carnival is listed on the London Stock Exchange (LSE) and employs 150,000 staff. All prices are listed in pence sterling.

How to buy shares in Carnival

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: CCL in this case.
  5. Research Carnival shares. The platform should provide the latest information available.
  6. Buy your Carnival shares. It's that simple.

How has Coronavirus impacted Carnival's share price?

Since the stock market crash in March caused by coronavirus, Carnival's share price has had significant negative movement.

Its last market close was 962.8p, which is 68.01% down on its pre-crash value of 3010p and 58.77% up on the lowest point reached during the March crash when the shares fell as low as 606.4p.

If you had bought £1,000 worth of Carnival shares at the start of February 2020, those shares would have been worth £266.86 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £310.31.

Carnival share price

Use our graph to track the performance of CCL stocks over time.

Carnival shares at a glance

Information last updated 2020-08-13.
Open976.4p
High1014.5p
Low956.1382p
Close980p
Previous close978.4p
Change 1.6p
Change % 0.164%
Volume 1,449,248
Information last updated 2020-08-09.
52-week range606.4p - 3864p
50-day moving average 934.001p
200-day moving average 1463.4697p
Wall St. target price68.94p
PE ratio 4.8307
Dividend yield 1.56p (23.72%)
Earnings per share (TTM) 272.2p
Promoted
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Share dealing platform comparison

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Your first 50 trades are free with Fineco, until 30/09/2020. T&Cs apply. Capital at risk.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
Hargreaves Lansdown Fund and Share Account
£11.95
£5.95
No fees
Hargreaves Lansdown is the UK's number one platform for private investors, with the depth of features you'd expect from an established platform. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
eToro is good for social trading - letting you mirror the portfolios of other traders. Capital at risk. 0% commission but other fees may apply.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Capital at risk.
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Compare up to 4 providers

Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Interactive Investor stocks and shares ISA
£100 or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Interactive Investor Pension
£25/month
Over 2,500 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
Moneyfarm Pension
Moneyfarm Pension
0.35%-0.75%
7 funds
£1,500 (initial investment)
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
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Compare up to 4 providers

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.

Is it a good time to buy Carnival stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Carnival price performance over time

Historical closes compared with the last close of 980p

1 week (2020-08-03) N/A
1 month (2020-07-14) 3.42%
3 months (2020-05-10) N/A
6 months (2020-02-10) N/A
1 year (2019-08-10) N/A
2 years (2018-08-10) N/A
3 years (2017-08-10) N/A
5 years (2015-08-10) N/A

Is Carnival under- or over-valued?

Valuing Carnival stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carnival's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Carnival's P/E ratio

Carnival's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Carnival shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Carnival's P/E ratio is best considered in relation to those of others within the leisure industry or those of similar companies.

Carnival's PEG ratio

Carnival's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8466. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Carnival's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Carnival's PEG ratio in relation to those of similar companies.

Carnival's EBITDA

Carnival's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £2.7 billion.

The EBITDA is a measure of a Carnival's overall financial performance and is widely used to measure a its profitability.

To put Carnival's EBITDA into context you can compare it against that of similar companies.

Carnival financials

Revenue TTM £16.8 billion
Operating margin TTM 2.56%
Gross profit TTM £7.9 billion
Return on assets TTM 0.57%
Return on equity TTM -13.14%
Profit margin -17.53%
Book value 27.493p
Market capitalisation £6.3 billion

TTM: trailing 12 months

Carnival's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Carnival.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Carnival's total ESG risk score

Total ESG risk: 25.72

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Carnival's overall score of 25.72 (as at 07/01/2020) is pretty good – landing it in it in the 31st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Carnival is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

To gain some more context, you can compare Carnival's total ESG risk score against those of similar companies.

Carnival's environmental score

Environmental score: 11.93/100

Carnival's environmental score of 11.93 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Carnival is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Carnival's social score

Social score: 12/100

Carnival's social score of 12 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Carnival is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Carnival's governance score

Governance score: 4.29/100

Carnival's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Carnival is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Carnival's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Carnival scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Carnival hasn't always managed to keep its nose clean.

Wondering how that compares? Below are the controversy scores of similar companies.

Environmental, social, and governance (ESG) summary

Carnival Corporation & Plc was last rated for ESG on: 2020-07-01.

Total ESG score 25.72
Total ESG percentile 30.55
Environmental score 11.93
Environmental score percentile 5
Social score 12
Social score percentile 5
Governance score 4.29
Governance score percentile 5
Level of controversy 3

Carnival share dividends

74%

Dividend payout ratio: 74.29% of net profits

Recently Carnival has paid out, on average, around 74.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 23.72% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carnival shareholders could enjoy a 23.72% return on their shares, in the form of dividend payments. In Carnival's case, that would currently equate to about 1.56p per share.

Carnival's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 20 February 2020 (the "ex-dividend date").

Carnival's dividend payout ratio is perhaps best considered in relation to those of similar companies.

Have Carnival's shares ever split?

Carnival's shares were split on a 1:3 basis on 22 April 2003. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Carnival shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Carnival shares which in turn could have impacted Carnival's share price.

Carnival share price volatility

Over the last 12 months, Carnival's shares have ranged in value from as little as 606.4p up to 3864p. A popular way to gauge a stock's volatility is its "beta".

CCL.LSE volatility(beta: 1.86)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Carnival's is 1.8577. This would suggest that Carnival's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

To put Carnival's beta into context you can compare it against those of similar companies.

Carnival overview

Carnival Corporation & Plc operates as a leisure travel company. The company's ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. It also provides vacations to various cruise destinations, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company sells its cruises primarily through travel agents and tour operators. It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. As of January 28, 2020, the company operated 105 ships with 254,000 lower berths. Carnival Corporation & Plc was incorporated in 1972 and is headquartered in Miami, Florida.

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