How to buy Carnival shares (CCL)

This article covers everything you need to know if you want to buy Carnival stocks!
Updated: Oct 13, 2022
Listen to this article

Get started in minutes with our preferred broker, eToro.

68% of retail CFD accounts lose money
Visit site

Are you interested in buying Carnival stock? If you want to open a trading position, you need to have a deeper look into the company’s overview and performance to determine its investment potential.

Compare the best Carnival trading platforms

To help you choose the right broker for your needs, we’ve reviewed several brands and narrowed down our top choices to the list below. These brokers have the best support and trading tools to help you make the best out of your trading experience.

Min. Deposit
$ 10
User Score
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
Min. Deposit
$ 100
User Score
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Min. Deposit
$ 0
User Score
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Start Trading
Payment Methods:
Full Regulations:

How to buy Carnival stock, a step-by-step guide

The process of investing in a company is simple nowadays, so don’t worry, even if you’re new to stock investing. These are the steps to follow in order to complete your investment:

  1. Find a broker. The first thing you need to do to trade Carnival stocks is open a trading account with a well-regulated broker. Find an online broker that provides an online platform with easy access to Carnival’s shares and other stocks. When you register, your application will have to undergo a verification process. Brokers need these details from you because they must comply with laws and regulations.
  2. Analyse a Carnival Chart. Once you access the trading platform, you will have access to numerous charts and other analysis tools. You should analyse Carnival’s charts to identify price movements, trends, and decide the right timing for your investment. If you are a beginner trader, you may want to choose a platform that provides a user-friendly interface, so you can easily interpret all charts and figures.
  3. Start Trading. Once you make a decision, all you need to do is open the trading position. You can do so as soon as your account is verified and funded. Investors should also be informed regarding the broker’s commissions, fees, and other charges associated with trading, withdrawals, deposits, and others. You can find out more about these additional costs by checking the terms and conditions.

What is Carnival?

Corporation is the world’s largest cruise line operator with a fleet of over 100 vessels across nine different cruise line brands. With such a large offering, it’s important to find out more about its business model, how it generates value for its stockholders, and more.

Carnival Business Model and Revenue Streams
The company’s headquarters are in Miami, Florida, and its CEO is Arnold W. Donald. Carnival Corporation is the world’s largest cruise operator with a fleet of over 100 vessels across nine different cruise line brands. It sells cruises through travel agents and tour operators primarily for the North American, Australian, European, and Asian markets. The company serves tens of millions of passengers annually.

Carnival generates revenue primarily from ticket sales of its portfolio of cruise line brands, namely Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard.

The company generates about 62% of its total revenue from ticket sales. The remaining 38% is derived from onboard purchases, like beverage sales, internet, casino gaming, spas, shore excursions, specialty restaurants, retail, and photo sales.

History of Carnival

Carnival was founded in 1972 by Israeli-American entrepreneur Micky Arison. The company grew steadily until it announced and completed its initial public offering for $400 million on the New York Stock Exchange in 1987.

This capital helped the company pursue several acquisitions, such as Holland America Line, Windstar Cruises, Westours, Seabourn Cruise Line, Costa Cruises, and Cunard Line between 1989 and 1999.

In 2000, Carnival Corporation joined forces with P&O Princess Cruises, including Princess Cruises, P&O Cruises, AIDA Cruises, P&O Cruises Australia, and tour operator Princess Tours. In 2003, following Carnival’s acquisition of P&O Princess Cruises plc, the two companies merged into one entity.

In 2009, the company opened its Simulator Maritime Training (CSMART) in Almere, Netherlands. CSMART is a maritime training center that offers advanced simulator equipment, technology, and instructional tools.

Carnival, along with the China Investment Corporation and the China Shipbuilding Corporation, entered into a joint venture in 2015 to form CSSC Carnival Cruise Shipping, a cruise line that was scheduled to begin operations in 2019.

In 2018, Carnival announced the acquisition of the narrow-gauge railroad White Pass and Yukon Route from TWC Enterprises limited for $290 million.

After years of reporting billions of dollars in net income, the company faced its first cataclysmic year with over $10 billion in losses. As a result, its stock price declined by approximately 57% in 2020.

And should I invest?

If you want to find out whether Carnival suits your investment strategy, explore the following sections. These cover its investment potential, how much you should invest, and more.

Carnival Stock Investment Potential

Carnival’s stock has made a gradual effort to erase its March 2020 losses. Its share price has already appreciated by at least 269% from its steep dive between March and April. Yet, it still has a long way to go to reach pre-2020 prices.

Carnival’s peak price was in 2018 when it reached $72.70 per share. Before 2020, the stock grew at a moderate 4.73% annually. Given its pre-pandemic growth, many specialists believe its performance will stabilize once again in the near future. The company may be suitable for your portfolio if you want to invest in this industry, especially given Carnival’s leading market position.

What Kinds of Investors Should Include Carnival in Their Portfolios?

Carnival is a company with relatively steady growth. From 2000 to 2019, its net margin was under 10% only in 2012, 2013, and 2014. It is also a regular dividend payer, and before it halted payments in 2020, Carnival shareholders received $0.50 a share each quarter in 2019. And, as mentioned, its stock has been appreciating at a modest pace before the pandemic.

Therefore, the inclusion of Carnival in an investor’s portfolio signifies a bet on the company’s ability to generate the same steady growth. Some of the main risks include how the company will navigate 2021 with its fleet of vessels without being allowed to reach full capacity and how it plans to manage its long-term debt that exploded to $23.4 billion last year. Finally, its cost-reduction measures should also be examined more closely.

How Much Should I Invest in Carnival

As with any investment, the amount you choose to invest will depend on your abilities. You should set a budget for an initial purchase.

Still, what you can consider that is of great consequence is your risk tolerance. It’s always a good rule of thumb to use risk capital. The reason is to be prepared in case things don’t go as planned. You should also use diversification techniques that help to balance your portfolio’s risk.

Buying, selling and trading shares for beginners

There are two main methods that will be discussed in this section: brokers and the Direct Stock Purchase Plan (DSPP). Brokers are intermediary firms that offer you access to the financial market; in return, you have to cover different fees for their services.

One other way to purchase shares is through a Direct Stock Purchase Plan or DSPP. This method doesn’t require you to open an account with a broker because you’ll buy the stocks straight from the company.

Buy Carnival Shares Using a Broker

You need a brokerage account to start trading Carnival shares. This process will require you to fill out an online application form to create an account on the broker’s trading platform. You may also need to submit supporting documents so brokers can verify your account. This process may take a few business days.

Keep in mind that brokers may require you to disclose information about your annual income and net worth. They may even ask you to provide your investment objectives, risk tolerance, employment status, and occupation. This is essential for them to adhere to various rules and regulations, including anti-money laundering policies, anti-terrorist financing requirements, tax laws, and record-keeping procedures.

After your account is approved, your broker will notify and instruct you to proceed with the next phase of the process: funding. Brokers typically offer these methods: electronic bank deposits, wire transfers, check, and account transfers.

If you’re in a hurry to trade, the quickest funding option is electronic bank deposits, which take just a few minutes. If you don’t mind the time, the other options may need a minimum of 24 hours to process your request. Lastly, when your deposit shows up in your trading balance, you can place your first Carnival trade via a market order, or a limit order.

Buy Carnival Shares With a Direct Stock Purchase Plan (DSPP)

Carnival offers a Dividend Reinvestment Plan or DRIP, which is essentially the same as DSPP. The only difference is that cash dividends you receive are invested into new shares of Carnival automatically. In this case, there will be a third party helping you purchase your shares directly from the company.

This offers an advantage in terms of fee reduction since you’ll no longer have to pay a commission per trade. However, the downside of using a DSPP is that you have to pay an initial setup fee and shell out the company’s initial investment amount. There is also a maximum amount that you can buy, and any subsequent purchase would still be made through a broker.

Latest Carnival news

Tech stocks sure have had a rough 2022 as the Fed moved to aggressively lift rates in hopes of taming record inflation. But the next year, as per a Senior Neuberger Berman analyst, could be a different story, at least for a handful of stocks in this space.…
US stocks have put a remarkable rally from their 2022 lows. For example, the Dow Jones index bounced several thousand points from its lows, as mentioned previously in this article. The ups and downs of the US equity market mark the evolution of global stocks. Also, the…, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched its new utility and reward token called VERSE. The public sale of the new token is currently open after successful Sale A and Sale B private…
Retail space will remain incredibly strong this holiday quarter despite fears of a looming recession, says Terry Lundgren – the former Chief Executive of Macy’s. Reason why Lundgren is bullish on the retail space Last week, the U.S. Census Bureau said retail sales in October…

Stock trading courses

Stocks Courses
If our Stock Markets 101 course was your introduction to stock market investing, think of the Stock Investing course as the next step, your intermediate-level guide to investing. Just remember, this is not a get-rich-quick scheme and takes time, patience, and emotional stability.
Stocks Courses
Luckily, it’s far easier to begin trading than it was in the 90s when Wall Street and big money were the only options. Get started with our introduction to stock trading. You’ll come away feeling more confident about the task ahead, while acquiring a base knowledge of all the most…

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >