Carnival Corp (CUK) Soars 8.6% as 2026 Signals Clearer Waters

We recently published 10 Big Names With Explosive Gains.  Carnival Corporation & PLC (NYSE:CUK)  was one of the top performers on Thursday.

Carnival saw its share prices jump by 8.60 percent on Thursday to close at $30.94 apiece, as investors took path from a competitor’s robust earnings performance, which could signal how the industry fared in the past quarter, while increasing positions ahead of the next dividend payment.

According to the company, it is set to distribute 15 cents worth of dividends to all common shareholders as of February 13, payable on Feb. 27, 2026.

"This decision highlights confidence in our future performance and continued commitment to delivering value to shareholders,” Carnival Corporation & PLC (NYSE:CUK) CFO David Bernstein said earlier.

Meanwhile, the strong earnings performance in its rival, Royal Caribbean Group, spilled over to the overall industry, with the company achieving a 48 percent attributable net income expansion at $4.27 billion in full-year 2025, with revenues of $17.9 billion, or 8.5 percent higher year-on-year.

In other news, Carnival Corporation & PLC (NYSE:CUK) told the Securities and Exchange Commission that it is set to unify its two companies into one, alongside their listed shares on the London and New York Stock Exchanges.

According to Carnival Corporation & PLC (NYSE:CUK), it would make Carnival Corp. the main company and have Carnival PLC become a wholly-owned subsidiary, which would then create one single stock for all shareholders.

At present, the firm’s shares are traded under the ticker symbols CCL and CUK.

The company targets to secure shareholder approval for the plan on April 17, 2026.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.