Sunday, March 31, 2024

Carnival Shareholder Credit and the the New StockPerks App This Cruise Life

carnival cruise line stock benefits

Despite governments relaxation of pandemic-era protocols in both the U.S. and, more recently, Canada, the company is projecting fourth-quarter bookings below 2019 levels — at lower prices. I just did this two days ago, and the credit was loaded within 48 hours of starting the process. It was easy to do on the app, and I just took a photo of my screen showing my stock holdings and this was verified overnight, and the money was loaded a few hours later. It said that I should have a response within 2 days with the next steps. Historically, Carnival Cruise’s stock has exhibited a trajectory marked by resilience and growth.

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Shareholder Onboard Credits:

These dividends serve not just as a financial return, but as a testament to the unwavering reliability and fiscal responsibility characteristic of Carnival Cruise Line. Shorter escapades, those lasting 6 days or less, are by no means diminutive in the grandeur of experience they proffer. Shareholders are greeted with an onboard credit of US $50, €40, £30, or A$50 per stateroom, ensuring that each moment on the waters is a harmonious blend of financial prudence and indulgent luxury. Carnival Corporation & plc steadfastly recognizes and values the unwavering support of its shareholders. In appreciation of this allegiance, a meticulously curated benefit program has been instituted, designed to enhance the investment experience by amalgamating financial gains with tangible, experiential rewards. This means if you want to take advantage of the free onboard credit, you need to ask for it every time you have a cruise booked.

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The better way to answer this question is to say what you can’t use your OBC for. Sites such as these provide tools for forecasting stock prices, and many of them can connect you with expert advisors who can give you their opinion on decisions you are mulling over. Additionally, shouldbecruising.com participates in various other affiliate programs, and we sometimes receive a commission from purchases made through our links. Let’s say you’re traveling as a family unit—two parents and your kids who are old enough to stay in a nearby room. Each parent owns at least 100 shares of Carnival stock, but you’d like to actually sleep in the same room as your spouse or partner.

How do you let the cruise line know you’re a Carnival shareholder?

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Royal Caribbean's shareholder perk applies to cruises on Royal Caribbean and Celebrity Cruises, with the exclusion of any charter cruises (such as full-ship theme cruises) and Celebrity's Galapagos sailings. The analysis of Carnival Cruise Line’s stock performance unveils a narrative of resilience and potential growth. A retrospective view illustrates a trajectory marked by periods of stability, interrupted albeit, yet unyielding to market vicissitudes. The company’s ability to navigate through economic upheavals, market volatilities, and unforeseen adversities speaks volumes of its intrinsic strength. The stock, whilst not immune to market trends, exhibits a predilection for recovery and growth, engendering investor confidence.

What are the intrinsic benefits associated with investing in Carnival Cruise stock?

In fact, all publicly traded cruise lines have offered some form of benefit to shareholders for years. When the process first rolled out, you had to fax over a copy of your brokerage statement. Eventually, this process got easier when email and online forms rolled out. Now, Carnival Corporation has rolled out an app-based approach for all of their brands using a 3rd party app called StockPerks.

Carnival Shareholder Credit and the the New StockPerks App

We’re currently working on an updated video for 2024 that includes StockPerks details.

carnival cruise line stock benefits

The culprit behind Carnival's failure to launch, so to speak, on its overall positive Q2 report is the weakening global macroeconomic environment. Inflation is stubbornly high, interest rates are on the rise, and global supply chains are far from peak operating efficiency. In short, Wall Street is concerned that these macroeconomic headwinds will spill over into the leisure cruising industry in the form of lower bookings and shrinking revenues in 2023. Unfortunately, this key risk factor is hard to ignore, given the stark warning signs that the U.S. and European economies are indeed headed for a slowdown. Before buying any cruise stocks, you should talk to your own adviser or broker, and do your own research.

If you’re not quite in that financial position, do bear in mind that you can still buy as little as one stock–but less risk means less opportunity for reward. You’ll need to own at least 100 shares of stock in Carnival Corporation at the time of sailing to earn their free onboard credit benefit. The shares need to be held in the name of a booked passenger to earn OBC. It’s worth noting that the benefits are generally applied PER CABIN, so only one shareholder will be recognized per booking per cabin and the onboard credit is shared among the people in the cabin. Both Carnival and Royal Caribbean are investment plays characterized by somewhat shaky financials, rebounding sales, and the potential for explosive turnarounds.

Cruise Shareholder Benefits – Save Money on Your Next Cruise Booking

These stocks seemingly trade at value-level prices, but there's uncertainty about whether the underlying companies will be able to bounce back to pre-pandemic performance and pay down high levels of debt. Does this mean that investors ought to avoid cruise stocks altogether? The bottom line is that Carnival is the largest operator in the space, and it has the liquidity necessary ($8.1 billion in cash and cash equivalents at last count) to push through yet another hardship. So, if you're looking for a value stock that could double or triple in value within the next two to three years, Carnival should definitely be on your list. That being said, investors will probably want to slowly build a position in this beaten-down cruise ship stock over the next six to 12 months as the company works through these ongoing challenges. ” is always the first question I receive when I tell cruisers about the benefit.

If one OBC exceeds another OBC you have, you should be able to use the OBC with the greater value. Fidelity is a great option if you aren’t looking to spend an arm and a leg on the investment process. It offers a zero-expense-ratio index and $0 account minimums, which can help you keep more money to invest with. One of our favorite things about Fidelity is that it does not charge for its commissions.

In fiscal 2023, which ended Nov. 30, the company reported revenue of $21.6 billion, a record figure that was up 77% year over year. This number exceeded the previous record, which came in fiscal 2019. Does this setup on the dip make Carnival a once-in-a-generation investment opportunity? As Carnival rolled this out, we’ve received a LOT of questions about the app and the submission process. That’s why we’ve created this StockPerks Step-by-Step Instructions for Requesting Carnival Shareholder Benefit to help you navigate the new process.

Thankfully, Carnival added an option to email Shareholder Services/Guest Admin. That's even after shares soared 76% since the start of 2023 (as of April 18). The offer applies to cruises on Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. Overall, it was a fairly smooth process following the on-screen prompts. With that said, it definitely took a LOT of steps to accomplish the simple task of requesting our Shareholder Credit! Additionally, as others have mentioned, I don’t love giving Stockperks access to my entire portfolio.

Ultimately, only you can decide what is best for your personal financial situation; Cruise Critic can neither support nor advise against your decision to purchase stocks. We strongly advise doing your own research and seeking out the counsel of a financial adviser before making any stock purchase. This is important because it is issued in quarters but may have different start and end dates from the actual calendar year. Be aware of the start and end dates for the quarters in Carnival’s fiscal year so you can time your stock movements more effectively. On Carnival cruise lines, you cannot pay your daily gratuities with your OBC.

Read on to find out how many shares you need to own, how much credit you’ll get for each sailing, and how to let your cruise line know you’re eligible. After being on a Carnival Cruise for 200+ nights, guests become Diamond Members of the VIFP Club. If you see the cruise industry making a strong recovery over the long term, investing in both stocks could be the right move. Otherwise, it's probably best to consider each company's financial position and business strengths to determine which has the more attractive risk-reward profile.

Carnival Cruise Line is committed to the growth and development of its employees. The company offers a range of training and development opportunities, including online courses, in-person training sessions, and leadership development programs. This benefit also extends to their subsidiaries Oceania Cruises and Regent Seven Seas! Note that each cruise line has its own submission email address, but the same form and proof of shareholder status is the same.

How to Get Onboard Credit for Owning Carnival Stock 2023

carnival cruise line stock benefits

They now know how many shares I own of not just Carnival, but every other company I hold in my portfolio. For example, here’s the On Board Account Statement from my recent cruise with P&O Cruises that shows that I received £60 of company cruise credit, thanks to owning shares in Carnival. It is available for every cruise you book on a Carnival ship, or on any ship belonging to a cruise line under the Carnival Corporation, as long as you hold 100 shares of CCL stock or more.

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However, the company is also trying to repay the debt it took on during the pandemic. It will take the company several years to get debt back down to a more comfortable level. That's hindering its ability to grow shareholder value through dividends, share repurchases, and new investments. Although they have lots of upside potential, they also have lots of risk. However, the company is righting the ship by reducing its debt and improving profitability. OBCs are issued at a rate of one credit per cabin per 100 shares.

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Additionally, when Carnival was paying out a healthy dividend, I earned over $1,000 in that same time period. To be clear, I still believe Carnival is an extremely risky business to own. As of Feb. 29, the company had a massive debt load of $31 billion. A lot of this capital was raised to buy the company time throughout the pandemic.

How to Get Onboard Credit for Owning Carnival Stock (

The company's world-class and steadily improving fleet puts it in a strong position to capitalize on robust and growing demand for cruising. Before the pandemic, global ocean cruise passengers had grown at a 5.5% compound annual rate from 2003 through 2019. The industry had gotten back on a growth trajectory in 2023, with Carnival reporting all-time highs in bookings and customer deposits in the year's second quarter.

The bottom line on Carnival Cruise Lines

So the logistics can get tricky with this workaround, but many cruisers use this method to double up on OBC. For current $CCL stock price information, refer to Google Finance. Even if you’ve never cruised with Carnival before, join the club today — the benefits begin today. Carnival reported adjusted net losses of $770 million, or 65 cents per share, on $4.3 billion in revenue. Operating costs and expenses totaled $3.4 billion during the quarter, compared with costs of $1.6 billion in the third quarter 2021. Received confirm stating that I had received my $100 OBC for my 7 day cruise.

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It took 2 days but I received an email for each sail date saying it was approved and the credits are both on my Carnival booking details. I understand the security concerns but I have all of my high dollar investments (IRA and 401K) with other brokers. I use the Robinhood account to "play" a little bit and that is where I hold my Carnival shares. On the other hand, Royal Caribbean has been selling convertible notes and refinancing debt at relatively high interest rates recently, and some of these notes will likely be converted into stock. With revenue for both companies still well below pre-pandemic levels, I think Royal Caribbean's financial positioning and corporate governance have looked stronger than Carnival's lately. But it's clear that debt, cash flows, and the threat of continued dilution are risks for both cruise stocks.

The method varies a little between cruise companies, but generally, the requirement is at least 100 shares of stock owned directly. So for example, you cannot own stock in a fund and still qualify, it must be 100+ stock shares owned individually. I just submitted my request via email and received credit in about 3 days. After 10 days of not receiving credit, I called and was given e-mail for customer support and was told to use /carnivalcorp in the future. Applications to receive this benefit should be made at least three weeks prior to cruise departure date.

carnival cruise line stock benefits

Royal Caribbean has been increasing revenue per customer and recently posted its best-ever results along those lines. The company's high-end Celebrity and Silversea lines in particular look capable of driving high-margin sales as demand continues to improve. Both Royal Caribbean and Carnival saw cash from operations turn positive in the second quarter, but both posted big losses due to high capital expenditures. There are signs that each business is on the path to recovery, but Royal Caribbean's financial position and greater focus on the high-end market makes me think it's the better buy. For years, the only option cruisers had to request the credit was to FAX a request, with proof of share ownership, to Carnival corporation.

I just received the new request in my email, after I had emailed my request in on Sunday. Carnival’s Shareholder Benefit program is included as part of Carnival Corp’s Annual Report if you’d like to learn more. You can also access the benefit information from Carnival’s Shareholder Information page.

Carnival has a similar benefit schedule as Norwegian with onboard credits. Worth noting that Employees, travel agents cruising at travel agent rates, interline rates, tour conductors, or anyone cruising on a reduced-rate or complimentary basis are excluded from the offer. In addition to potential stock market gains and dividends, many companies provide additional benefits to their shareholders.

This blog helps over a million people to plan their cruises each month. Important – Whereas the Carnival brands used to let you claim the credit via fax and then later email, now it’s all handled via an app called Stockperks. I’ve been very happy with my share-buying experience and found it really easy to do.

The cruise company had a strong track record of earnings growth before the pandemic. While profits plateaued in 2019, they steadily grew in the years before then and had more than doubled their total from 2013. With the company working hard to improve earnings while growing its fleet, it could eventually set a new profitability record.

Like many travel stocks, Carnival had to navigate some rough seas during the COVID-19 pandemic. The cruise line company ceased operations for several months, which had a devastating financial impact. If you buy in at a particularly low-cost time, you can get 100 stocks in Carnival Corp. for less than $2,000. When prices are closer to the average, you may be investing $4,000 to $5,000, and when prices are particularly high, the price of 100 stocks could be over $6,000. Also, if you are taking a complimentary cruise or sailing at a reduced rate, you won’t be able to use your OBC. Lastly, travel agents taking advantage of a travel agent rate, and Carnival employees are excluded from using OBCs.

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