Credit Suisse Cuts Numbers on Carnival Corp (CCL)

Credit Suisse Cuts Numbers on Carnival Corp (CCL)

RSS

After the recent Triumph cruise disaster and subsequent voyage distributions, Credit Suisse lowered the price target and earnings estimates on cruise operator Carnival Corporation (CCL).

The analysts maintain a “Neutral” rating on CCL and reduced earnings estimates for the company through 2014.

Carnival Corp shares were relatively flat during Monday morning trading. The stock is up +16.82% over the past year.

The Bottom Line
Shares of Carnival Corp (CCL) have a dividend yield of 2.86% based on Friday’s closing price of $34.99 and the company’s annualized dividend yield of $1.00 per share.

Carnival Corporation (CCL) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today