Carnival stock is trading -45.0% below its average target price of $31.0 after marking a 2.6% during today's afternoon session. Analysts are giving the Large-Cap Marine Shipping company an average rating of buy and target prices ranging from $31.0 to $31.0 per share.
The stock has an average amount of shares sold short at 3.8%, and a short ratio of 2.76. At 0.02%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that only a small number of institutional investors are invested in the stock, with 29.7% of Carnival's shares being owned by this investor type.
Institutions Invested in Carnival
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Aristeia Capital, LLC | 8% | 12,130,485 | $206,824,759 |
| 2024-12-31 | NORGES BANK | 4% | 5,895,780 | $100,523,044 |
| 2024-12-31 | Acadian Asset Management. LLC | 3% | 4,052,149 | $69,089,137 |
| 2024-12-31 | Arrowstreet Capital, Limited Partnership | 2% | 3,061,521 | $52,198,930 |
| 2024-12-31 | Morgan Stanley | 2% | 2,780,511 | $47,407,710 |
| 2024-12-31 | Renaissance Technologies, LLC | 2% | 2,673,700 | $45,586,582 |
| 2024-12-31 | Goldman Sachs Group Inc | 1% | 1,036,665 | $17,675,137 |
| 2024-12-31 | Millennium Management Llc | 1% | 987,081 | $16,829,730 |
| 2024-12-31 | Bank of America Corporation | 1% | 957,242 | $16,320,975 |
| 2024-12-31 | Voloridge Investment Management, LLC | 0% | 727,661 | $12,406,619 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Carnival.
