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Norwegian Cruise Line Holdings Ltd NCLH Stock Quote

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Market Closed

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  • Last Close 16.48
  • Sector Consumer Cyclical
  • Industry Travel Services
  • Investment Style Small Value
  • Day Range 16.05  –  17.08
  • Year Range 10.83  –  22.75
  • Market Cap 7.0110 Bil
  • Volume / Avg 28.0 Mil /  12.8 Mil
  • Price / Sales 0.97
  • Price / Book 460.32
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis NCLH

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1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Norwegian Pricing and Occupancy Hold Up Thanks to Solid Hardware and Itineraries

Jaime M. Katz Senior Analyst

Business Strategy and Outlook

| Jaime M Katz |

Changes to consumer behavior surrounding travel as a result of the coronavirus have altered the economic performance of Norwegian Cruise Line Holdings, affecting its ability to generate excess economic rents. As consumers returned to cruising after the 15-month sailing halt that ended in July 2021, cruise operators added COVID-19-related protocols, which proved successful (as evidenced by lower positivity rates than on land) to reassure passengers of the safety of cruising in addition to the value proposition the holiday provides. However, with ships now fully deployed at normal occupancy levels, pricing has been restored, set to surpass prepandemic levels in 2023. Still, Norwegian could intermittently see pricing competition as global supply shifts to focus disproportionately on the North American consumer, containing yield upside. On the cost side, higher oil prices and unfavorable foreign exhange could keep costs elevated in 2023. However, we expect both pricing and costs to normalize over time, rising at a low-single-digit rate longer term.

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Key Statistics NCLH

Company Profile NCLH

Business Description

Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 60,000), operating 30 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With seven passenger vessels on order among its brands through 2028 (representing 19,000 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.

7665 Corporate Center Drive
Miami, FL, 33126
Industry Travel Services
Employees 38,900

Related Articles NCLH

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NCLH’s competitive advantage.

Norwegian Cruise Line Holdings Ltd


Carnival Corp


Royal Caribbean Group


Wyndham Hotels & Resorts Inc Ordinary Shares

−$0.46 (2.72%) −$0.72 (4.99%) −$1.99 (2.11%) −$1.06 (1.50%)
Market Cap
7.01 Bil17.92 Bil23.60 Bil5.86 Bil
Travel Services Travel Services Travel Services Lodging
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Norwegian Cruise Line Holdings Ltd Stock

No. NCLH does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NCLH’s market cap is 7.01 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NCLH’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NCLH’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NCLH’s historical performance against its industry peers and the overall market.