NCLH

Norwegian Cruise Line Holdings Ltd.
NYSEUSDEQUITY Consumer Cyclical DELAYED
Last price
15.58
▲ 0.71 (4.77%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
14.87
Prev close
14.87
Day high
15.74
Day low
15.05
Volume
25.17M
Market cap
$7.12B
P/E (TTM)
9.18
52W range
13.63 – 25.13

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 14.87
VWAP
15.52
+0.36% from price
Relative volume
2.89×
Unusually busy
Session range
5.85%
14.87 – 15.74
Position in range
82%
Near session high
ATR (14D)
0.61
3.93% of price
Prior day high
15.26
PDH
Prior day low
14.83
PDL
Bid / ask spread
—
Quote not published
Session volume
47.56M
Avg 16.45M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+4.80% +2.8%
1M
-0.39% -1.5%
3M
-16.03% -20.5%
6M
-17.19% -35.4%
YTD
-30.51% -44.8%
1Y
-36.23% -52.6%
3Y
-5.89% -88.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on NCLH open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
3.88M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 2, 26
PAGLIUCA STEPHEN G
Director
BUY 1.38M $24.99M Direct
May 22, 26
CHIDSEY JOHN W
Chief Executive Officer
BUY 153.00K $2.50M Direct
May 20, 26
COHEN JONATHAN Z
Director
BUY 30.00K $474.90K Direct
May 19, 26
CIL JOSE E
Director
BUY 15.00K $225.35K Indirect
May 11, 26
MACDONALD BRIAN P
Director
BUY 15.00K $248.10K Direct
May 7, 26
BYNG-THORNE ZILLAH
Director
BUY 29.47K $521.39K
May 7, 26
LANSBERRY KEVIN ALLEN
Director
BUY 11.40K $196.99K Direct
Apr 13, 26
PAGLIUCA STEPHEN G
Director
STOCK 8.91K $0 Direct
Apr 13, 26
COHEN JONATHAN Z
Director
STOCK 8.91K $0 Direct
Apr 13, 26
CRUZ ALEX
Director
STOCK 8.91K $0 Direct
Apr 13, 26
LANSBERRY KEVIN ALLEN
Director
STOCK 8.91K $0 Direct
Apr 13, 26
MACDONALD BRIAN P
Director
STOCK 8.91K $0 Direct
Mar 26, 26
CHIDSEY JOHN W
Chief Executive Officer
STOCK 967.25K $0 Direct
Mar 6, 26
DAHLGREN PATRIK
Officer
STOCK 54.86K $1.10M Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ASHBY FAYE L
Officer 152.08K Stock Award(Grant)
BYNG-THORNE ZILLAH
Director — Purchase
CHIDSEY JOHN W
Chief Executive Officer 1.14M Purchase
DAHLGREN PATRIK
Officer 240.53K Stock Award(Grant)
DAVID STELLA JULIE
Director 116.64K Stock Award(Grant)
FARKAS DANIELS S.
General Counsel 424.04K Stock Award(Grant)
HERRERA DAVID J
Officer 262.44K Stock Award(Grant)
KEMPA MARK A.
Chief Financial Officer 480.51K Stock Award(Grant)
PAGLIUCA STEPHEN G
Director 1.39M Purchase
SOMMER HARRY J
Officer and Director 720.73K Purchase

Fundamentals

TTM · reported
Market cap$7.12B
Enterprise value$22.88B
Revenue (TTM)$10.15B
Gross profit$4.31B
EBITDA$2.59B
Net income$760.77M
EPS (TTM)$1.69
Free cash flow$-1.68B
Total cash$218.10M
Total debt$15.98B
Book value / share$5.60
Shares outstanding459.19M
Float455.35M
Short % of float23.43%
Dividend yield0.00%
Beta (5Y)1.96

Valuation & profitability ratios

Account required
Trailing P/E9.18
Forward P/E9.35
PEG ratio1.24
Price / sales—
Price / book2.77
EV / revenue2.25
EV / EBITDA8.82
Gross margin42.46%
Operating margin14.04%
Profit margin7.49%
Return on equity36.73%
Return on assets4.25%
Debt / equity621.05
Current ratio0.20
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $9.83B$9.48B$8.55B$4.84B +3.7%
Operating revenue $9.83B$9.48B$8.55B$4.84B +3.7%
Cost of revenue $5.64B$5.69B$5.47B$4.27B -0.9%
Gross profit $4.19B$3.79B$3.08B$576.67M +10.5%
Selling, general & admin $1.55B$1.43B$1.34B$1.38B +7.9%
Total operating expense $2.63B$2.33B$2.15B$2.13B +13.0%
Operating income $1.56B$1.47B$930.91M-$1.55B +6.5%
Net interest income -$953.51M-$747.22M-$727.53M-$801.51M -27.6%
Pre-tax income $428.72M$772.91M$163.18M-$2.28B -44.5%
Tax provision $5.47M-$137.35M-$3.00M-$6.79M +104.0%
Net income $423.25M$910.26M$166.18M-$2.27B -53.5%
Net income to common $423.25M$910.26M$166.18M-$2.27B -53.5%
Basic EPS 0.942.090.39-5.41 -55.0%
Diluted EPS 0.921.890.39-5.41 -51.3%
EBIT $1.38B$1.52B$890.71M-$1.48B -9.1%
EBITDA $2.54B$2.49B$1.77B-$665.14M +2.0%
Basic shares 448.54M435.28M424.42M419.77M +3.0%
Diluted shares 477.74M515.03M427.40M419.77M -7.2%

Options analytics

Account required
Put / call volume
0.20
Call-heavy session
Put / call open interest
0.54
Positioning, not flow
Max pain
15.00
-3.3% from spot
ATM implied vol
52.7%
Nearest strike to spot
Skew (10% OTM)
+6.2%
Puts bid over calls
Call volume
8.23K
Contracts, this expiry
Put volume
1.67K
Contracts, this expiry
Heaviest call OI
15.00
3.31K contracts
Heaviest put OI
14.00
1.83K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.390.48 +22.8%
Mar 2026 0.140.23 +61.3%
Dec 2025 0.270.28 +5.5%
Sep 2025 1.161.20 +3.3%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.91 12 $2.86B -2.7%
Next quarter -0.09 12 $2.20B -2.0%
Current year 1.54 25 $10.03B +2.1%
Next year 1.66 26 $10.57B +5.3%

Analyst targets & ownership

Account required
Mean target$20.08
High target$32.00
Low target$13.00
Implied upside28.88%
Analyst count25
ConsensusBUY
Strong buy / Buy1 / 9
Hold17
Sell / Strong sell0 / 0
Held by insiders0.85%
Held by institutions104.43%
Institutions holding858
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
14.69
+6.05% from price
SMA 20
14.58
+6.36% from price
SMA 50
16.60
-6.57% from price
SMA 100
17.76
-12.30% from price
SMA 200
19.38
-19.96% from price
EMA 12
14.83
+5.02% from price
EMA 26
15.21
+2.42% from price
EMA 50
16.14
-3.44% from price
RSI (14)
53.4
Neutral
MACD (12,26,9)
-0.38
Hist 0.25
ATR (14)
0.61
3.95% of price
Realised vol 30D
33.2%
Annualised
Bollinger upper
15.28
20, 2σ
Bollinger lower
13.88
20, 2σ
50 / 200 cross
Death
16.60 vs 19.38
Trend bias
Below 200
-19.96%

Options chain

Account required
Expiry
Spot 15.58
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.95
More volatile than market
Correlation to SPY
0.47
Loosely linked
Realised vol 30D
33.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-43.6%
Peak to trough
Max drawdown 5Y
-64.1%
Peak to trough
ATR 14
0.61
3.95% of price
Beta (reported)
1.96
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
94.99M
Prior 72.40M
Change vs prior
+31.2%
Shorts adding
% of float
23.43%
Heavily shorted
% of shares out
20.69%
Against total outstanding
Days to cover
6.2
Crowded exit
Float
455.35M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

359 on file
DateFirm ActionFromTo
Oct 2, 26 Citigroup MAINTAINED Buy Buy
Sep 24, 26 Truist Securities MAINTAINED Hold Hold
Sep 24, 26 JP Morgan MAINTAINED Neutral Neutral
Sep 4, 26 Wells Fargo MAINTAINED Overweight Overweight
Aug 18, 26 UBS MAINTAINED Neutral Neutral
Aug 18, 26 Mizuho DOWNGRADE Outperform Neutral
Jul 31, 26 Citigroup MAINTAINED Buy Buy
Jul 31, 26 Mizuho MAINTAINED Outperform Outperform
Jul 31, 26 Wells Fargo MAINTAINED Overweight Overweight
Jul 31, 26 Stifel MAINTAINED Buy Buy
Jul 31, 26 Barclays MAINTAINED Equal-Weight Equal-Weight
Jul 23, 26 Truist Securities DOWNGRADE Buy Hold

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.