|Bid||24.70 x 4000|
|Ask||24.71 x 900|
|Day's range||23.90 - 25.06|
|52-week range||12.11 - 31.52|
|Beta (5Y monthly)||2.32|
|PE ratio (TTM)||N/A|
|Earnings date||24 Sept 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Feb 2020|
|1y target est||28.52|
The leading cruise line expects to have half of its fleet cruising by the end of next month. It reports third-quarter results on Friday morning.
Stocks roared back on Thursday, with the Dow Jones Industrial Average and S&P 500 preparing to end their best day in months with just a half-hour left in the session. Jobless claims data earlier in the day, which came in slightly higher than expected for the previous week, eased fears that the Federal Reserve would act too soon to take its foot off the stimulus pedal it has been pressing since last year. On Wednesday, the Fed said it could begin reducing its monthly bond purchases by as soon as November, and that interest rates could rise quicker than expected by next year.
Shares of Carnival (NYSE: CCL) had jumped a solid 3% as of 9:45 a.m. EDT on Thursday after the cruise line announced it is on track to have 50% of its fleet sailing again by October, and 65% by the end of the year. In its press release this morning, Carnival said that by the end of October, it will have resumed operations on 42 ships covering eight of its cruise line brands: Carnival, Princess, Holland America, Seabourn, Costa, AIDA, P&O, and Cunard.