NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free SAVE Stock Alerts $3.78 -0.12 (-3.07%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$3.71▼$3.9050-Day Range$3.79▼$6.6252-Week Range$3.71▼$19.69Volume7.02 million shsAverage Volume14.68 million shsMarket Capitalization$414.38 millionP/E RatioN/ADividend YieldN/APrice Target$4.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Spirit Airlines alerts: Email Address Spirit Airlines MarketRank™ Stock AnalysisAnalyst RatingStrong Sell1.43 Rating ScoreUpside/Downside29.6% Upside$4.91 Price TargetShort InterestHealthy24.04% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.13Based on 24 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.83) to ($1.50) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.47 out of 5 starsTransportation Sector71st out of 108 stocksAir Transportation, Scheduled Industry11th out of 17 stocks 3.7 Analyst's Opinion Consensus RatingSpirit Airlines has received a consensus rating of Strong Sell. The company's average rating score is 1.43, and is based on no buy ratings, 3 hold ratings, and 4 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted24.04% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Airlines has recently decreased by 1.70%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAVE. Previous Next 1.7 News and Social Media Coverage News SentimentSpirit Airlines has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Spirit Airlines this week, compared to 19 articles on an average week.Search InterestOnly 41 people have searched for SAVE on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.MarketBeat FollowsOnly 22 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Spirit Airlines is held by insiders.Percentage Held by Institutions58.73% of the stock of Spirit Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($2.83) to ($1.50) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Airlines is -0.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpirit Airlines has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 About Spirit Airlines Stock (NYSE:SAVE)Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.Read More SAVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAVE Stock News HeadlinesApril 8, 2024 | marketbeat.comTaiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fallApril 23, 2024 | bizjournals.comFrontier Airlines adds to CLT pipeline with launch of Miami flight this summerApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 23, 2024 | businesswire.comSpirit Airlines Optimizes Baggage Operations and Reduces Costs with TA RampApril 23, 2024 | investorplace.com3 Blue-Chip Stocks to Buy at a 52-Week Low in AprilApril 22, 2024 | msn.comSpirit's Latest Sale Has Flights Across the U.S. Starting at $49 — but You'll Have to Book FastApril 22, 2024 | msn.comSpirit's Latest Sale Has Flights Across the U.S. Starting at $49 — but You'll Have to Book FastApril 20, 2024 | forbes.comThe Best U.S. Airlines In 2024—According To A New ReportApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 20, 2024 | sfgate.comConsumer group files antitrust suit against Alaska's acquisition of Hawaiian AirlinesApril 20, 2024 | bizjournals.comSpirit adds another city to its flights in PittsburghApril 20, 2024 | bizjournals.comSpirit adds another city to its flights in PittsburghApril 19, 2024 | bizjournals.comIn photos: Spirit Airlines unveils new headquarters built by Bham firmApril 19, 2024 | finance.yahoo.comAirline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks ViewApril 19, 2024 | americanbankingnews.comCitigroup Lowers Spirit Airlines (NYSE:SAVE) Price Target to $3.85April 18, 2024 | finance.yahoo.comSpirit Airlines Unveils New Spirit Central Campus in Dania Beach, FloridaApril 18, 2024 | fool.comIs Spirit Airlines Stock a Buy?April 18, 2024 | americanbankingnews.comSeaport Res Ptn Comments on Spirit Airlines, Inc.'s Q2 2024 Earnings (NYSE:SAVE)April 17, 2024 | msn.comReclining Seats on Planes May Soon Be No More — Here’s Why Airlines Are Getting Rid of ThemApril 17, 2024 | americanbankingnews.comSpirit Airlines (NYSE:SAVE) Price Target Lowered to $4.00 at TD CowenApril 17, 2024 | markets.businessinsider.comSell Rating on Spirit Airlines Amid Financial Uncertainty and Recovery ConcernsApril 17, 2024 | msn.comSpirit Airlines employee caught on video cursing out passenger during altercationApril 16, 2024 | markets.businessinsider.comUnveiling 6 Analyst Insights On Spirit AirlinesApril 16, 2024 | investorplace.com5 Stocks to Sell ImmediatelyApril 15, 2024 | fool.comWhy Spirit Airlines Stock Flew Higher at the Open TodayApril 15, 2024 | benzinga.comWhat's Going On With Spirit Airlines Stock Today?April 15, 2024 | msn.comSpirit Airlines dips after issuing financial updateSee More Headlines Receive SAVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/31 Dividend1/24/2024Dividend Payable1/31/2024Last Earnings2/08/2024Ex-Dividend for 2/29 Dividend2/22/2024Dividend Payable2/29/2024Today4/24/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryN/A Current SymbolNYSE:SAVE CUSIPN/A CIK1498710 Webwww.spirit.com Phone(954) 447-7920Fax954-447-7979Employees13,167Year FoundedN/APrice Target and Rating Average Stock Price Target$4.91 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside+29.6%Consensus RatingStrong Sell Rating Score (0-4)1.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($4.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-8.34% Pretax Margin-10.42% Return on Equity-26.38% Return on Assets-3.80% Debt Debt-to-Equity Ratio2.69 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$5.36 billion Price / Sales0.08 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.36Miscellaneous Outstanding Shares109,480,000Free Float108,876,000Market Cap$414.38 million OptionableOptionable Beta1.35 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Edward M. Christie III (Age 53)President, CEO & Director Comp: $1.85MMr. Scott M. Haralson (Age 51)Executive VP & CFO Comp: $841.27kMr. John Bendoraitis (Age 60)Executive VP & COO Comp: $964.05kMs. Melinda C. Grindle (Age 50)Senior VP & Chief Human Resources Officer Comp: $657.28kMr. Matthew H. Klein (Age 50)Executive VP & Chief Commercial Officer Comp: $879.3kMr. Rocky B. Wiggins (Age 65)Senior VP & Chief Information Officer Comp: $798.12kDeAnne GabelSenior Director of Investor RelationsMr. Thomas C. Canfield (Age 68)Senior VP, General Counsel & Company Secretary Comp: $701.45kMr. Brian J. McMenamy (Age 65)VP & Controller Simon GoreTreasurerMore ExecutivesKey CompetitorsHawaiianNASDAQ:HAControladora Vuela Compañía de AviaciónNYSE:VLRSSun Country AirlinesNASDAQ:SNCYAllegiant TravelNASDAQ:ALGTFrontier GroupNASDAQ:ULCCView All CompetitorsInstitutional OwnershipFirst Bank & TrustBought 14,544 shares on 4/17/2024Ownership: 0.013%Counterpoint Mutual Funds LLCBought 29,379 shares on 4/15/2024Ownership: 0.027%Nomura Holdings Inc.Bought 1,817,100 shares on 3/27/2024Ownership: 0.000%HBK Investments L PBought 1,832,500 shares on 3/14/2024Ownership: 0.000%Vanguard Group Inc.Bought 68,710 shares on 3/11/2024Ownership: 9.517%View All Institutional Transactions SAVE Stock Analysis - Frequently Asked Questions Should I buy or sell Spirit Airlines stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last twelve months. There are currently 4 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" SAVE shares. View SAVE analyst ratings or view top-rated stocks. What is Spirit Airlines' stock price target for 2024? 7 analysts have issued twelve-month price targets for Spirit Airlines' stock. Their SAVE share price targets range from $3.50 to $10.00. On average, they anticipate the company's share price to reach $4.91 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price. View analysts price targets for SAVE or view top-rated stocks among Wall Street analysts. How have SAVE shares performed in 2024? Spirit Airlines' stock was trading at $16.39 on January 1st, 2024. Since then, SAVE shares have decreased by 76.9% and is now trading at $3.7850. View the best growth stocks for 2024 here. When is Spirit Airlines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our SAVE earnings forecast. How can I listen to Spirit Airlines' earnings call? Spirit Airlines will be holding an earnings conference call on Monday, May 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) announced its quarterly earnings results on Thursday, February, 8th. The company reported ($1.36) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.42) by $0.06. The firm had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.32 billion. Spirit Airlines had a negative net margin of 8.34% and a negative trailing twelve-month return on equity of 26.38%. Spirit Airlines's revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 earnings per share. How often does Spirit Airlines pay dividends? What is the dividend yield for Spirit Airlines? Spirit Airlines declared a dividend on Tuesday, February 13th. Shareholders of record on Friday, February 23rd will be paid a dividend of $0.10 per share on Thursday, February 29th. The ex-dividend date of this dividend is Thursday, February 22nd. Read our dividend analysis for SAVE. What ETFs hold Spirit Airlines' stock? ETFs with the largest weight of Spirit Airlines (NYSE:SAVE) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). What guidance has Spirit Airlines issued on next quarter's earnings? Spirit Airlines updated its first quarter 2024 earnings guidance on Monday, April, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. What is Ted Christie's approval rating as Spirit Airlines' CEO? 78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Spirit Airlines' major shareholders? Spirit Airlines' stock is owned by a variety of institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.03%) and First Bank & Trust (0.01%). View institutional ownership trends. How do I buy shares of Spirit Airlines? Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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