Norwegian Cruise Line NCLH Earnings Date and Reports 2024

Table Of Content

• Regent Seven Seas Cruises® Innovates Luxury Cruising With Unique Immersive Overnights Sailings
• Is Norwegian Cruise Line Stock Still A Buy After Rallying 20% Over The Last Month?
• Charting New Waters: Norwegian Cruise Line Unveils Ambitious Plans For Eight Ships
• The Latest Analyst Ratings For Norwegian Cruise Line
• Why You Should Consider Debt When Looking At ROE
• Investigating Analyst Ratings: An Elaborate Study
• Oceania Cruises Announces New 2025-2026 Tropics and Exotics Collection

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Over the next decade this will not only give NCLH the biggest growth story within the cruise industry but will also allow them to continue entering new markets with minimal cannibalization to their fleet, the analyst noted. On its current trajectory, it will be able to meet its financial needs although it won't be without some dilution to shareholders.

Regent Seven Seas Cruises® Innovates Luxury Cruising With Unique Immersive Overnights Sailings

But this stock is soaring today because of the positive prevailing trends in the business. The cruise line can carry more cruisers now than ever (higher capacity), has full occupancy, average ticket prices are up, and onboard spending is up, as well. Now while cruise stocks have moved considerably over the last year, 2020 has also created many pricing discontinuities which can offer attractive trading opportunities.

Is Norwegian Cruise Line Stock Still A Buy After Rallying 20% Over The Last Month?

All of the cruise-ship companies incurred significant debt during the worst of the COVID-19 pandemic, including Norwegian. Those are the big-picture trends that are meaningful to Norwegian's business. And because the trends are good, the company is guiding for better-than-expected financial results in the upcoming first quarter of 2024. A group of passengers left stranded on a small African island after missing a boarding deadline finally managed to rejoin their cruise ship on Tuesday after chasing it for almost a week. Try the Trefis machine learning engine above to see for yourself how Norwegian Cruise Line stock is likely to behave after any specific gain or loss over a period. Bear in mind, a high ROE doesn't always mean superior financial performance.

Charting New Waters: Norwegian Cruise Line Unveils Ambitious Plans For Eight Ships

The passengers found themselves stuck on São Tomé and Príncipe, an island nation of some 220,000 people off West Africa, in what the cruise line called a "very unfortunate situation." There are some legit reasons for Norwegian being a laggard among its fellow seafarers, but there's also a case to be made for it leading the way from here. The country's third-largest cruise ship operator can pop tenfold in the coming years if it catches the right waves along the way. Cruise line stocks stormed back into investor fancy earlier this year, but they have corrected sharply since their summertime highs. Norwegian Cruise Line (NCLH 1.67%) stock is now down 36% since hitting a high-water mark in late July. Norwegian Cruise Line's earnings are expected to grow from $1.00 per share to $1.38 per share in the next year, which is a 38.00% increase.

The Latest Analyst Ratings For Norwegian Cruise Line

It operates 32 ships across three brands —Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. With five passenger vessels on order among its brands through 2028, representing 16,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Analysts have set 12-month price targets for Norwegian Cruise Line, revealing an average target of $19.33, a high estimate of $21.00, and a low estimate of $15.00. Observing a 7.39% increase, the current average has risen from the previous average price target of $18.00. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider.

Owning cruise stocks when supply growth has been low for an extended period of time, as per the analyst. While the headline of eight ships might make investors panic, the analyst urged them to look at the fine print. Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

Why You Should Consider Debt When Looking At ROE

Norwegian Cruise Line Holdings Ltd. (NCLH) is Attracting Investor Attention: Here is What You Should Know - Yahoo Finance

Norwegian Cruise Line Holdings Ltd. (NCLH) is Attracting Investor Attention: Here is What You Should Know.

Posted: Thu, 21 Mar 2024 07:00:00 GMT [source]

The strategy is expected to boost Norwegian Cruise’s product offering, guest experiences, and operational infrastructure. Enjoy up to 50% Off on Select Sailings in 2024 and 2025 MIAMI , Jan. 9, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, is ringing in the new ... MIAMI , Feb. 15, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, has announced that the premiere issue of their brand new Your World magazine ... MIAMI , March 20, 2024 /PRNewswire/ --  Oceania Cruises , the world's leading culinary- and destination-focused cruise line, has announced the appointment of its two Master Chefs of France, Chef Alexi...

It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Sailings explore destinations from Tokyo to Cape Town to Bali to Rio de Janeiro MIAMI , March 26, 2024 /PRNewswire/ -- Oceania Cruises, the world's leading culinary- and destination-focused cruise lin...

Don't underestimate the power of cruise line stocks as they reverse the bearish narrative. Carnival, Royal Caribbean, and Norwegian had to do a lot of scary things to stay literally and figuratively afloat after the COVID-19 crisis decimated the business. The share count and debt load at Norwegian has roughly doubled since the end of fiscal 2019, but the bloat isn't permanent.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Although the new guidelines don’t specifically refer to the cruising industry, they should give potential cruise customers some confidence that things are returning to normal. Moreover, Pfizer’s PFE Covid-19 vaccine received approval for use in children aged 12 to 15 in the U.S. This could also prove positive for the cruising business, as there could be some revival in demand from families.

While Norwegian is likely to start cruises from the U.S. around early August, it says that it now plans to operate 23 of its 28 ships through early 2022. Moreover, the company said that it would begin cruising to Alaska from early August following the passage of the U.S. Alaska Tourism Restoration Act, which temporarily enables cruise ships to sail to Alaska, bypassing a legal requirement to make a stop at ports in Canada, which has banned cruses until 2022. Cruise companies had previously canceled their trips to Alaska, which is a popular summer cruising destination. Separately, the CDC also recently issued new guidelines easing mask-wearing requirements and social-distancing guidelines for fully vaccinated passengers on cruises. This could give potential cruise customers confidence that cruising is a relatively safe activity post-vaccination.

A clear picture of Norwegian Cruise Line's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B.

However, shareholder returns remain a concern in the longer-term for Norwegian stock. The company spent the better part of the last year raising funds, with its debt load roughly doubling to $12 billion between December 2020 and the end of March 2020. This should lead to higher interest costs, constraining the company’s long-term profitability. Moreover, shareholders have also been significantly diluted by the company’s equity issuances, with shares outstanding rising to 370 million as of April 2021, up from 213 million in early 2020. Ticket prices have also apparently been strong, trending above 2019 levels. What's the point of focusing on 2024's challenging results in a multiyear investment strategy?

So I think it may be worth checking this free report on analyst forecasts for the company. Return on equity is useful for comparing the quality of different businesses. A company that can achieve a high return on equity without debt could be considered a high quality business. If two companies have the same ROE, then I would generally prefer the one with less debt.