Is it good to buy Norwegian Cruise Line stock?

Norwegian Cruise Line has 22.15% upside potential, based on the analysts' average price target. Norwegian Cruise Line has a conensus rating of Moderate Buy which is based on 5 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Norwegian Cruise Line is $21.18.



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In the case of Norwegian Cruise Line Holdings, both the revenue per share (evident from the last five years' TTM data: 2019: 28.67; 2020: 21.68; 2021: 0.08; 2022: 5.74; 2023: 16.54; ) and the 5-year revenue growth rate (-32%) have been on a consistent downward trajectory.

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The most popular cruise line is Mediterranean Shipping Company (MSC), with an average revenue of $22.86 billion. The second most popular cruise line is Carnival Corporation with a revenue of $12.2 billion, followed by Royal Caribbean Group with $8.8 billion in annual revenue.

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Generated total revenue of $2.5 billion, a record for the Company and up 33% compared to the same period in 2019, and GAAP net income of $345.9 million, or EPS of $0.71. Achieved Adjusted EBITDA of $752 million and Adjusted EPS of $0.76, exceeding guidance of $730 million and $0.70 respectively.

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Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.

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When is Norwegian Cruise Line dividend payment date? Norwegian Cruise Line (NCLH) does not pay a dividend.

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The latest closing stock price for Norwegian Cruise Line Holdings as of November 13, 2023 is 13.10.
  • The all-time high Norwegian Cruise Line Holdings stock closing price was 63.76 on November 02, 2015.
  • The Norwegian Cruise Line Holdings 52-week high stock price is 22.75, which is 73.7% above the current share price.


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Full year 2023 Occupancy is expected to average 103.5%, consistent with prior guidance. As expected, Occupancy in the quarter is slightly lower than the second quarter of 2019, reflecting the Company's strategic shift to longer, more immersive itineraries.

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The latest forecasts from S&P Global Market Intelligence show all three major cruise lines losing money until at least Q3 2022 and Q4 being rather hit or miss. That being said, things should start to settle down in 2023 and thereafter.

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