Zacks Research Has Bearish Estimate for NCLH Q3 Earnings

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) – Analysts at Zacks Research cut their Q3 2026 earnings estimates for Norwegian Cruise Line in a research report issued on Thursday, August 13th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.84 per share for the quarter, down from their prior estimate of $0.96. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Norwegian Cruise Line’s current full-year earnings is $1.44 per share. Zacks Research also issued estimates for Norwegian Cruise Line’s Q2 2028 earnings at $0.50 EPS.

NCLH has been the topic of several other research reports. Wells Fargo & Company cut their price target on Norwegian Cruise Line from $25.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Mizuho set a $17.00 price objective on Norwegian Cruise Line in a research note on Tuesday. The Goldman Sachs Group lifted their price objective on shares of Norwegian Cruise Line from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Truist Financial lowered shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and set a $20.00 target price for the company. in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group increased their target price on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of “Hold” and an average price target of $20.90.

Norwegian Cruise Line Stock Performance

NYSE:NCLH opened at $18.20 on Tuesday. The firm has a 50-day moving average of $19.70 and a two-hundred day moving average of $19.78. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a market cap of $8.36 billion, a P/E ratio of 11.38, a PEG ratio of 1.19 and a beta of 1.90. Norwegian Cruise Line has a 1-year low of $14.53 and a 1-year high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.07. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital International Investors increased its stake in shares of Norwegian Cruise Line by 7.1% in the fourth quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after purchasing an additional 3,728,929 shares during the period. Vanguard Group Inc. boosted its position in shares of Norwegian Cruise Line by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 52,846,173 shares of the company’s stock worth $1,179,527,000 after buying an additional 157,974 shares during the period. State Street Corp grew its holdings in Norwegian Cruise Line by 0.4% in the 4th quarter. State Street Corp now owns 16,304,827 shares of the company’s stock worth $363,924,000 after buying an additional 66,329 shares in the last quarter. Elliott Investment Management L.P. bought a new position in Norwegian Cruise Line in the 1st quarter worth approximately $246,578,000. Finally, Geode Capital Management LLC increased its position in Norwegian Cruise Line by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock valued at $271,951,000 after acquiring an additional 262,086 shares during the period. Institutional investors own 69.58% of the company’s stock.

Insider Buying and Selling

In related news, Director Jonathan Z. Cohen bought 30,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average cost of $15.83 per share, with a total value of $474,900.00. Following the completion of the transaction, the director directly owned 38,912 shares of the company’s stock, valued at approximately $615,976.96. This represents a 336.62% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John Chidsey bought 153,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the purchase, the chief executive officer directly owned 1,139,940 shares of the company’s stock, valued at $18,660,817.80. The trade was a 15.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 1,563,000 shares of company stock worth $27,971,810 in the last three months. 0.25% of the stock is owned by insiders.

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.