carnival cruise stock exchange

We couldn’t find any results matching your search.

Please try using other words for your search or explore other sections of the website for relevant information.

We’re sorry, we are currently experiencing some issues, please try again later.

Our team is working diligently to resolve the issue. Thank you for your patience and understanding.

Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.

• Data is delayed at least 15 minutes. Nasdaq.com will report pre-market and after hours trades.
• Pre-Market trade data will be posted from 4:15 a.m. ET to 7:30 a.m. ET of the following day.
• After Hours trades will be posted from 4:15 p.m. ET to 3:30 p.m. ET of the following day.
• Real-time Data is provided using Nasdaq Last Sale Data

Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Register for your free account today at  data.nasdaq.com .

• After-Hours
• Press Releases
• Analyst Research
• Dividend History
• Historical Quotes
• Historical NOCP
• P/E & PEG Ratios
• Option Chain
• Institutional Holdings
• Insider Activity
• SEC Filings
• Revenue EPS

Symbol Search

Recently viewed.

Analyze your stocks, your way

Leverage the Nasdaq+ Scorecard to analyze stocks based on your investment priorities and our market data.

About Real-Time Quotes

Nasdaq provides NLS Volume, Previous Close, Today's High & Low, and the 52 week High & Low. The intraday chart, the last-five real-time quotes and sales data. Real-time stock quotes can be used to help inform investors when researching potential investment opportunities.

Related Pages

Trending stocks, trending etfs, trending indexes.

• Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return.

These symbols will be available throughout the site during your session.

Your symbols have been updated

Edit watchlist.

• Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return.

Opt in to Smart Portfolio

Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use .

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

• Markets Data

Carnival Corp

Select symbol.

• United States
• CCL:NYQ NYSE
• CCL:NYS NYSE
• CCL:ASE NYSE American
• CVC1:BER Berlin Stock Exchange
• CVC1:STU Stuttgart Stock Exchange
• CCLC:DEU German Composite
• CVC1:DUS Dusseldorf Stock Exchange
• CVC1:FRA Frankfurt Stock Exchange
• CVC1:HAM Hamburg Stock Exchange
• CVC1:HAN Hanover Stock Exchange
• CVC1:MUN Munich Stock Exchange
• United Kingdom
• 0EV1:LSE London Stock Exchange
• CCL1N:MEX Mexico Stock Exchange
• C1CL34:SAO Sao Paulo Stock Exchange
• Switzerland
• CVC1:BRN Berne Stock Exchange
• CVC1:BLG Bulgarian Stock Exchange - Sofia
• CCL3:BUE Buenos Aires Stock Exchange
• Add to watchlist
• Add to portfolio
• Add an alert
• Price (USD) 14.43
• Today's Change -0.13 / -0.89%
• Shares traded 16.37m
• 1 Year change +37.56%
• Beta 2.5845

Apply Cancel Actions

Your alerts done, apply cancel comparisons, suggested comparisons.

• Royal Caribbean Cruises Ltd
• Scorpio Tankers Inc
• Norwegian Cruise Line Holdings Ltd
• Viking Holdings Ltd
• FT News FT News
• Press releases Press releases
• Events & Activity Events & Activity

Cruise line Viking has buoyant debut in year’s second-largest US IPO

Company backed by TPG rises 9% on first day to bolster hopes for private equity exits

China’s first homegrown cruise ship sails from Shanghai

Authorities hail launch as landmark for country’s shipbuilding sector

Hedge fund short sellers suffer $43bn of losses in market rally

Managers caught out in ‘painful’ rally as investors bet on quicker interest rate cuts

Brazil’s conservative carnival tries to put on brave face in era of resurgent left

Fear and loathing towards Lula and the Supreme Court grips Latin America’s CPAC gathering

Artist Zak Ové on his totem pole-cum-space rocket for Frieze Sculpture

The sculptor’s new work is heavily influenced by black history and Afrofuturism

An insider’s guide to Rio de Janeiro

Fashion entrepreneur Alexia Niedzielski embraces the city of food, art and carnival

Notting Hill Carnival marks 75 years of Caribbean culture in Britain

As 2mn revellers prepare to party, this weekend’s event has special resonance for descendants of the Windrush generation

Hedge funds lose $6bn betting against cruise lines and hotels

Shares in Carnival, Royal Caribbean and Airbnb have surged as consumers keep spending

• Queen Anne Departs for Historic Maiden Voyage May 04 2024
• Queen Anne Arrives in Southampton as Cunard's Newest Ship in 14 Years Marks New Era for Luxury Ocean Travel May 02 2024
• Holland America Line Begins Pilot Test of Renewable Fuels on its Flagship, Rotterdam May 02 2024
• Holland America Line Strengthens Love for Alaska with Guarantee of Glacier Viewings on Every Alaska Cruise and Cruisetour May 01 2024
• Cunard Officially Welcomes New Ship Queen Anne with Ceremony at Fincantieri Shipyard Apr 19 2024
• Holland America Line Set to Debut New 'Glacier Day' and Enhanced Alaska-Focused Experiences on Every Alaska Cruise in 2024 Apr 17 2024
• Holland America Line Enhances Entertainment with New Productions, Music Lineup and Destination-Specific Performances Apr 11 2024
• Holland America Line Becomes First Global Cruise Line to Receive International Seafood Certifications Apr 08 2024
• Holland America Line Teams Up with Audible to Offer a Virtual Book Club Allowing Guests to Stay Connected to the Brand On Board and Ashore Apr 04 2024
• Holland America Line Releases Refreshed 2025 Grand World Voyage Itinerary Including New Ports, Different Entry to Europe Apr 03 2024
• CCL:NYQ price moved over +1.18% to 14.61 May 06 2024
• CCL:NYQ trading volume exceeds daily average by +19.80% May 06 2024
• CCL:NYQ price rises above 15-day moving average to 14.63 at 10:30 BST May 10 2024
• CCL:NYQ price rises above 15-day moving average to 14.64 at 16:04 BST May 09 2024
• CCL:NYQ price falls below 15-day moving average to 14.43 at 13:34 BST May 07 2024
• CCL:NYQ price rises above 15-day moving average to 14.54 at 13:28 BST May 06 2024

Key statistics

trading higher

trading lower

Carnival Corp

Key statistics.

2.00 mean rating - 25 analysts

2024 (millions USD)

About Carnival Corp (CCL)

Company information.

Carnival Corporation is a leisure travel company. The Company’s portfolio of cruise lines, including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn. The Company's segment includes North America and Australia (NAA), Europe, Cruise Support and Tour and Other. The NAA Segment include Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia) and Seabourn. The Europe Segment include Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (UK) and Cunard. Its Cruise Support segment includes its portfolio of port destinations and other services. Its Tour and Other segment represent the hotel and transportation operations of Holland America Princess Alaska Tours and other operations. Its tour company owns and operates hotels, lodges, glass-domed railcars and motorcoaches which comprise its Tour and Other segment.

Contact Information

+ 1 ( 305 ) 5992600

https://www.carnivalcorp.com/

Water Transportation

Executive Leadership

Income statement.

2023 (millions USD)

Balance Sheet

Source: LSEG New Tab , opens new tab - data delayed by at least 15 minutes

Markets Performance

Commodities chevron, currencies chevron, rates & bonds chevron, stocks chevron.

• Search Search Please fill out this field.
• Carnival's Recent Developments
• What's Happening with Carnival and COVID-19?

When Did Carnival Restart Its Cruises?

• Who is Carnival's CEO?

Has Carnival (CCL) Ever Split its Stock?

Does carnival (ccl) pay a dividend, how many shares of carnival (ccl) stock are there.

• Company News

Investing in Carnival Cruise Line Stock (CCL)

What you need to know when investing in Carnival Cruise Line

Carnival Corp. ( CCL ) is one of the largest leisure travel companies in the world. It operates global cruise lines including its leading Carnival Cruise Line brand, as well as Princess Cruises, Seabourn, P&O Cruises, Cunard, and others. The company operates 87 ships visiting more than 700 ports worldwide and catering to nearly 13 million passengers each year.

Carnival Corp. and Carnival plc operate a dual-listed company . Carnival Corp's common stock is traded on the New York Stock Exchange under the ticker CCL , while Carnival plc is traded on the London Stock Exchange under the symbol CCL.L and as an American depositary share (ADS) on the NYSE under the symbol CUK .

The two companies operate as a single economic enterprise, sharing a single senior executive management team under identical boards of directors while maintaining distinct legal identities.

The company began as Carnival Cruise Line, formed in 1972 by Ted Arison. It made an initial public offering (IPO) of 20% of its common stock in 1987. Carnival Corp. was incorporated in Panama in 1974, while Carnival plc was incorporated in England and Wales in 2000. The current corporate structure is the result of Carnival's merger with P&O Princess Cruises in 2003. On April 22, 2003, Carnival Corp. and Carnival plc began trading on the NYSE and LSE respectively.

Carnival is headquartered in Miami. Micky Arison chairs both Carnival boards, while Arnold W. Donald is the chief executive officer ( CEO ). For investing purposes, Carnival is grouped with the consumer cyclical (consumer discretionary) sector, operating within the hotels, restaurants and leisure industry. The company's direct competitors include Royal Caribbean Group ( RCL ), Norwegian Cruise Line Holdings Ltd. ( NCLH ), and Lindblad Expeditions Holdings Inc. ( LIND ). It also faces competition from the broader travel and tourism industry, including resorts, casinos, and theme parks. For FY 2021, ended Nov. 30, 2021, Carnival reported a net loss of $9.5 billion on revenue of $1.9 billion.

Key Takeaways

• Carnival operates global cruise lines including Carnival Cruise Line, Princess Cruises, Seabourn, and others.
• Its major competitors include Royal Caribbean Group ( RCL ), Norwegian Cruise Line Holdings Ltd. ( NCLH ), and Lindblad Expeditions Holdings Inc. ( LIND ).
• For FY 2021, ended Nov. 30, 2021, Carnival reported a net loss of $9.5 billion on revenue of $1.9 billion.
• Carnival followed a $2.3 billion debt refinancing with an upsized sale of $2 billion in non-investment grade bonds in October 2021.
• Carnival resumed operation of its entire fleet on May 2, 2022 with the relaunch of cruises on its ship, the Carnival Splendor.

Carnival's Recent Developments

• On May 12, 2022 Carnival broke ground on a new port in the Bahamas which is expected to open in 2024.
• On May 2, 2022, Carnival's ship, the Carnival Splendor, resumed cruises . With this ship's return to operation, all 23 of Carnivals ships are back in service after pausing operation earlier in the pandemic.
• As of May 1, 2022, Carnival raised prices of onboard services including WiFi and specialty dining options.
• On Jan. 31, 2022, Carnival announced an extension through April 30, 2022, of the Carnival Corp. share sale and Carnival plc share purchase program, under which sales of Carnival Corp. stock worth up to $500 million in an at-the-market offering finance repurchases of an equivalent number of the London-listed shares of Carnival plc.
• On Oct. 20, 2021, Carnival sold an upsized $2 billion issue of 6% 7.5-year unsecured notes, up from the initial $1.5 billion target for the junk bond placement. The deal followed a $2.3 billion debt refinancing earlier in October.
• On Oct. 12, 2021, Carnival named John Padgett president of Princess Cruises. Padgett had been Carnival's chief experience and innovation officer since 2014.

What's Happening with Carnival and COVID-19?

Carnival suspended cruise operations in March 2020 after the COVID-19 pandemic struck. Carnival relaunched cruises from the U.S. on July 3, 2021, when the Carnival Vista departed from Galveston, Texas. It has since adopted detailed COVID-19 protocols. These include pre-cruise questionnaires and testing for vaccinated guests, and proof of vaccination required at terminals in advance of boarding.

In April 2022, Carnival said the week ending April 3 was the busiest for bookings in company history, up more than 10% from the prior record. The last of Carnival Cruise Line's 23 ships returned to service on May 2.

As of April 2022, vaccine exemptions for select destinations in the Caribbean were available for a small number of children under 12, as well as teens and adults with medical conditions that preclude vaccination as documented by a medical provider. Unvaccinated guests must present a negative PCR COVID-19 test taken between 24 and 72 hours prior to embarkation in addition to taking an antigen test at embarkation and again within 24 hours of debarkation. Unvaccinated guests also must show proof of travel insurance coverage in some cases, and may only go ashore in ports of call when booked on a Carnival-sponsored tour.

Carnival relaunched cruises from the U.S. on July 3, 2021, when the Carnival Vista departed from Galveston, Texas.

Who is Carnival's CEO?

Arnold W. Donald has been Carnival's chief executive officer since 2013. Donald was previously CEO of the Executive Leadership Council from 2010 to 2012 and of the Juvenile Diabetes Research Foundation International from 2006 to 2008. He previously held executive positions at Merisant Co. and Monsanto Co.

Yes. Carnival has split its stock twice:

• Dec. 14, 1994: a 2-for-1 split of common shares.
• June 12, 1998: a 2-for-1 split of common shares.

No, Carnival has not paid a dividend since suspending dividend payments amid the COVID-19 pandemic in 2020.

As of March 21, 2022, Carnival Corp. had 989.7 million shares outstanding.

Carnival Corp. " Corporate Information ."

Carnival Corp. " Investor Relations ."

Carnival Corp & Plc. " Form 10-K for the Fiscal Year Ended Nov. 30, 2021 ," Page 4.

Carnival Corp. " Corporate Information - Vision, Mission & History ."

Carnival Corp. " Officers & Executives ."

Yahoo! Finance. " Carnival Corporation & plc Profile ."

S&P Global. " GICS Global Industry Classification Standard ," Page 24.

Carnival Corp. " 4Q 2021 Business Update - Final ," Page 9.

Carnival Corp. " Carnival Corporation & plc Announces Extension of the Carnival Corporation Common Stock Share Sale and Carnival plc Share Purchase Program ."

Bloomberg. " Carnival to Sell $1.5 Billion Junk Bond as Cruises Return to Water ."

PR Newswire. " Carnival Corporation Names John Padgett as President of Princess Cruises ."

PR Newswire. " Carnival Cruise Line Kicks Off Its First Cruise From The U.S. With Carnival Vista Sailing From Galveston This Afternoon ."

Carnival Corp. " Carnival Cruise Line Is First Major Cruise Line in U.S. to Get Entire Fleet Back to Guest Operations ."

Cision PR Newswire. " Carnival Cruise Line Sees Its Highest Booking Week Ever as It Finds Another Way to Celebrate Its 50th Birthday! "

Carnival. " COVID-19 Guest Protocols ."

Carnival Corp. " Investor FAQs ."

Carnival Corp. " Dividend/Split History ."

Carnival Corp. " Form 10-Q for the Quarterly Period Ended Feb. 28, 2022 ," Page 2.

• Terms of Service
• Editorial Policy
• Privacy Policy
• Your Privacy Choices

Instrument Name Carnival Corp Instrument Symbol (CCL-N) Instrument Exchange NYSE

• 3M 3-Months
• 6M 6-Months

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2024 .

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab) .

Copyright © 2024 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

• Royal Caribbean Cruises-stock
• News for Royal Caribbean Cruises

The 3 Best Cruise Stocks to Buy in May 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Cruises are among the most popular vacation picks for people of all ages. The uptick in cruising has shown an immaculate rebound following the massive setback of Covid-19. Truly, the tourism industry suffered as a whole. Yet, other forms of travel didn’t see as much revitalization as the cruise sector which set an industry record . The number of passengers in 2023 reached 31.7 million.

With more diverse offerings and pricing, cruises are now appealing to a broader demographic and are already off to the races this year. These three cruise stocks are the cruise lines with the most promising prospects and likelihood to show fantastic growth.

Let’s learn about each cruise line’s unique offerings, pricing and performances that reflect the industry’s upward trend right now. 

Carnival (CCL)

Carnival (NYSE: CCL ) has the second-largest market cap in the cruise industry. It’s known for its relatively affordable pricing model, which appeals to more average consumers. Carnival’s dedication to providing the price point sets it apart from the image of luxury that many associate with cruising. 

Due to its pricing, Carnival has seen great success and is one of the top cruise lines riding the surge in momentum affecting the industry. In the Q1 of this year, Carnival reported record revenue at $5.4 billion and an all-time high in booking volume. The average price of each booking is increasing as well. 

Cash hit $1.8 billion, and operating income was $276 million. Also, this leeway has allowed Carnival to successfully order new builds for the first time in five years. The two ships will belong to Carnival’s excel-class and will be delivered in 2027 and 2028.

Further, Carnival emphasizes providing top-tier customer satisfaction and making the joy of its cruises accessible to all. Its broad target market and excellent momentum make it a superb buy.

Lindblad Expeditions (LIND)

Lindblad Expeditions (NASDAQ: LIND ) offers a specialized cruise experience, making it unique compared to other cruise lines. The company’s niche is much smaller, more personalized cruises that typically target wealthier customers. For perspective, LIND cruises never exceed more than 150 passengers. 

While a smaller passenger load means fewer bookings, the fewer customers is precisely what makes Lindblad Expeditions stand out. The cruise line prides itself on offering unique adventures and trips to almost anywhere in the world. Destinations include Antarctica, Alaska, and other less familiar destinations, giving it a strong edge and a small but loyal customer base. 

Also, Lindblad Expeditions has a long-term partnership with National Geographic, offering unique expedition cruises . With over 90 possible destinations and unique trips, each expedition provides an opportunity to travel with a dynamic expedition team and visit some of the planet’s most remote and pristine places. These cruises are offered only by Lindblad Expeditions until 2040.

In addition, Lindblad Expeditions continues to deepen a collabortion with Disney to further enhance the marketing of these expedition cruises. Now is a great time to buy LIND as it continues expanding its niche and unique edge over other cruise lines. 

Royal Caribbean (RCL)

With the largest cruise market share, Royal Caribbean (NYSE: RCL ) is one of the most predominant cruise lines in the world. Royal Caribbean offers passengers a one-of-a-kind experience through an extensive list of onboard entertainment , such as Skydiving, Escape Rooms, Water Slides and Theater shows.

Royal Caribbean is reaping excellent benefits from surging demand. For the Q1 of this year, it reported $3.7 billion in revenue and $1.3 billion in operating cash flow. The momentum resulted in record bookings. Consequently, RCL raised its adjusted EPS guidance from $10.70 to $10.90 per share for 2024.

The cruise line is not just riding the current wave of momentum, though. With a series of smart investments, Royal Caribbean has a bright future ahead. The company has bought more ships to fuel a broader selection of trips and invested in ships driven by clean energy sources.

Therefore, Royal Caribbean stands as a giant in the cruise industry, showing no signs of slowing down this year. Investors should buy before the current wave washes away the opportunity.

On the date of publication, Joel Lim did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com  Publishing Guidelines .

Joel Lim is a finance freelance writer who writes content for several companies like LTSE and Realtor, along with financial publications, including Mises Institute and Foundation for Economic Education.

More From InvestorPlace

• The #1 AI Investment Might Be This Company You’ve Never Heard Of
• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.
• It doesn’t matter if you have $500 or $5 million. Do this now.

The post The 3 Best Cruise Stocks to Buy in May 2024 appeared first on InvestorPlace .

Lindblad Expeditions Holdings News MORE

Related stocks.

• Work & Careers
• Life & Arts

Become an FT subscriber

Try unlimited access Only $1 for 4 weeks

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

• Global news & analysis
• Expert opinion
• Special features
• FirstFT newsletter
• Videos & Podcasts
• Android & iOS app
• FT Edit app
• 10 gift articles per month

Explore more offers.

Standard digital.

• FT Digital Edition

Premium Digital

Print + premium digital, weekend print + standard digital, weekend print + premium digital.

Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%.

• Global news & analysis
• Exclusive FT analysis
• FT App on Android & iOS
• FirstFT: the day's biggest stories
• 20+ curated newsletters
• Follow topics & set alerts with myFT
• FT Videos & Podcasts
• 20 monthly gift articles to share
• Lex: FT's flagship investment column
• 15+ Premium newsletters by leading experts
• FT Digital Edition: our digitised print edition
• Weekday Print Edition
• Videos & Podcasts
• Premium newsletters
• 10 additional gift articles per month
• FT Weekend Print delivery
• Everything in Standard Digital
• Everything in Premium Digital

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

• 10 monthly gift articles to share
• Everything in Print

Terms & Conditions apply

Explore our full range of subscriptions.

Why the ft.

See why over a million readers pay to read the Financial Times.

International Edition

Meet the Norwegian-owned cruise challenger to Carnival and Royal Caribbean that just raised $1.54 billion

Viking had humble beginnings. 

The now-listed cruise line was once just a venture by “two guys with two mobile phones and four river ships,” as the company’s CEO, Torstein Hagen, puts it in Viking’s prospectus .

But a lot has changed in 27 years. Now, the Norwegian-owned, Bermuda-based business has a staff of 10,000 catering to guests with a taste for the finer things in life. 

The cruise operator, which made its name in European river tours, launched its initial public offering at the New York Stock Exchange on Wednesday. It raised $1.54 billion , according to Reuters, making it the biggest listing in the U.S. this year. 

Viking rebounded strongly after the COVID-19 pandemic decimated cruise travel and its public listing comes as luxury consumers are spending more on travel and less on shopping. Some of Viking’s competitors, such as Carnival and Royal Caribbean, have seen record demand for cruises—opening a world of opportunity for the smaller company.    

Viking’s beginning

Viking was founded in 1997 by Hagen, who controls most of the company with his daughter, Karine Hagen.

From the start it aimed to give travelers an immersive experience in local cultures as they toured in one of its four river vessels. In the past three decades or so, Viking has expanded its fleet to 92 ships offering three types of experiences via rivers, oceans, and expeditions.

The company has also benefited from some savvy marketing plays: It sponsored PBS Masterpiece series, such as Downton Abbey , and offered themed trips linked to those shows. 

Between 2015 and 2023, Viking’s revenue grew at a compound annual rate of 14.4%, outpacing the rest of the cruise industry in the river and luxury ocean segments during this period, the company said in a public filing .

Viking has carved its strategic niche among older, well-off customers, a group it believes is “underserved.” These are not boozy party boats, and there are no kids allowed. 

“Our target demographic has greater financial stability, which can make them more resilient to economic conditions and more willing to invest in high-quality travel experiences,” Viking said. 

And that’s the space it hopes it can dominate, with the help of its IPO funds.

The Viking founder and road ahead

Hagen didn’t enter the world of cruises till the 1970s. 

A physics major in school, Hagen earned an MBA at Harvard University before entering management consulting. He dabbled with entrepreneurship a few times before finally succeeding, Bloomberg reported .

When business for Viking’s river cruises, its first service, began to pick up, Hagen expanded to offer journeys worldwide—from expeditions in Antarctica to river cruises in Vietnam. 

Viking is on an expedition of its own now that its shares are traded. Last year, the cruise line hosted close to 650,000 guests and generated $4.7 billion in revenue, up by almost 50% from 2022. Its underlying profits were $1.1 billion for the same period, according to Viking’s prospectus.

The cruise company is still much smaller than rivals like Carnival, Royal Caribbean, and Norwegian. But it’s a global leader in some segments, such as luxury ocean cruises. 

Following a strong open, Viking’s market valuation has reached more than $10 billion, putting Hagen’s wealth at $5 billion. As the appetite for luxury travel builds , Viking is ready to ride the wave. 

Latest in Lifestyle

Which 2023 vintage wines should you buy? A trip through Bordeaux’s vineyards

Norwegian wealth fund CEO converts a century-old grain silo into a $46 million art display to promote tourism in his hometown

French ski resort feud worsens after mayor accused of trying to ‘annex’ territory over $21 million ski lift bill

Is money the secret to getting Gen Z talking? The U.K.’s national data crunchers reveal their latest tricks for finding out what makes them tick

Kellogg’s is letting workers clock off at 12 p.m. on Fridays—but only if they make up the hours during the week

London’s Royal Opera House plans a new renaissance starting with a name change — and potential Netflix series

Most popular.

‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market

Google employees grill Sundar Pichai and CFO Ruth Porat on why they’re not getting pay rises amid blowout earnings

Bumble’s Whitney Wolfe Herd says your dating ‘AI concierge’ will soon date hundreds of other people’s ‘concierges’ for you

A 35-year-old junior Bank of America associate suddenly died—and it’s ignited discussions about Wall Street’s intense working conditions

TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore while keeping Chinese citizenship

The finance chief of this biotech company is a Harvard-trained neuroscientist who says ‘the modern day CFO needs to speak the language of the team’