Four major cruise lines say they will appeal a recent ruling that would force them to pay roughly $436 million in total damages to a company that owned a port terminal in Havana prior to the Cuban Rev...
Tag: Royal Caribbean Group
Carnival stock is suffering its worst year on record, but looks ‘overly compelling’ to this analyst
Shares of Carnival Corp. have had a really bad year, even worse than the pandemic year of 2020. And that’s what makes Stifel Nicolaus analyst Steven Wieczynski believe the stock is now “overly compell...
Royal Caribbean Stock Could Rise 35%. How It Beat Other Cruise Lines With its Recovery.
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Norwegian Stock Is a Buy, Royal Caribbean Is a Sell, Says Analyst. Here’s Why.
Norwegian Cruise Line Holdings has strong growth opportunities, while Royal Caribbean Group will be dealing with near-term funding requirements, according to a J.P. Morgan analyst. Daniel Adam assumed...
Why this cruise stock remains JPMorgan’s favorite as leisure travel keeps roaring
The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names are worth buying...
Norwegian Cruise Stock Falls After a Rare Double Downgrade
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Cruise stocks soar to pace the S&P 500, as Norwegian is upgraded to buy
Shares of cruise operators were the top-3 gainers in the S&P 500 SPX, -0.33% in afternoon trading Wednesday, with Norwegian Cruise Line Holdings Ltd. NCLH, +11.61% getting bullish backing from UBS...
Carnival Debt Yields in the Teens After Big Earnings Miss
Cruise line bonds have taken a fresh hit after Carnival’s weaker-than-expected financial update for its latest quarter, and yields on many debt issues now are in teens. Carnival (ticker: CCL) shares ...
Royal Caribbean Stock Tumbles on $900 Million Notes Offering
Text size Cruise lines had to to take out significant debt during the pandemic to stay afloat. Pau Barrena/AFP via Getty Images Royal Caribbean Group stock tumbled after the company said it had starte...
Carnival Stock Could Fall to $0 in a Worst-Case Scenario, Analyst Says
Text size Carnival Dream cruise ship is docked at Port B in Key West, Florida. Chandan Khanna/AFP via Getty Images Carnival stock was tumbling Wednesday after Morgan Stanley cut its price target to a ...
Cruise Lines Can’t Duck Their Debt
Cruise ships, it seems, are like ducks—elegant and effortless above the water, fighting like crazy to stay afloat beneath. On the surface, the industry is finally steaming ahead after over a year at b...
Cruise Stocks Have Sunk. Only Two Have Seen Large Insider Buys.
Text size Norwegian Cruise Line Holdings ships sit idle. The company and Carnival saw large stock buys by insiders. Tim Rue/Bloomberg All three cruise-line operators are pretty much in the same boat t...
The Cruise Crowd Is Back, Even if Investors Aren’t. Here’s Why It May Be Time to Take a Plunge.
Few sectors absorbed as much pain as the cruise industry during the pandemic, which shut down sailing operations in the U.S. from March 2020 through last June. Shares of the big three cruise operators...
Royal Caribbean may finally be confident enough to provide long-term financial guidance
Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...
After weathering pandemic storm, cruise-line stocks offer upside, says Stifel
Like the rest of the travel industry, cruise operators have weathered a pandemic-related storm over the last couple of years, but they now deserve attention from investors, says analyst firm Stifel. “...