Norwegian Cruise Line (NYSE:NCLH – Free Report) had its price objective reduced by Truist Financial from $26.00 to $25.00 in a report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.
A number of other research analysts have also recently weighed in on the stock. UBS Group restated a “neutral” rating on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Thursday, January 22nd. Barclays decreased their price target on shares of Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Bank of America dropped their price target on shares of Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Susquehanna cut their price objective on Norwegian Cruise Line from $21.00 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.63.
Read Our Latest Analysis on NCLH
Norwegian Cruise Line Price Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.Norwegian Cruise Line’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.26 EPS. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. As a group, sell-side analysts expect that Norwegian Cruise Line will post 1.48 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Stance Capital LLC acquired a new position in Norwegian Cruise Line during the 4th quarter worth approximately $2,763,000. Rockefeller Capital Management L.P. increased its position in shares of Norwegian Cruise Line by 2,987.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 588,252 shares of the company’s stock valued at $13,130,000 after purchasing an additional 569,201 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Norwegian Cruise Line by 23.9% in the 4th quarter. Corient Private Wealth LLC now owns 107,733 shares of the company’s stock valued at $2,405,000 after purchasing an additional 20,757 shares in the last quarter. Sentinel Dome Partners LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $1,687,000. Finally, SHP Wealth Management purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter worth $26,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.
Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.
See Also
Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.
