S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
NYSE:ALK

Alaska Air Group (ALK) Stock Price, News & Analysis

$40.80
-0.18 (-0.44%)
(As of 04/16/2024 ET)
Today's Range
$40.07
$41.23
50-Day Range
$35.60
$43.07
52-Week Range
$30.75
$57.18
Volume
1.94 million shs
Average Volume
2.43 million shs
Market Capitalization
$5.13 billion
P/E Ratio
22.54
Dividend Yield
N/A
Price Target
$57.44

Alaska Air Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
40.8% Upside
$57.44 Price Target
Short Interest
Healthy
4.79% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.34mentions of Alaska Air Group in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$249,340 Sold Last Quarter
Proj. Earnings Growth
38.04%
From $4.39 to $6.06 Per Share

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.

4.55 out of 5 stars

Transportation Sector

17th out of 114 stocks

Air Transportation, Scheduled Industry

6th out of 18 stocks

ALK stock logo

About Alaska Air Group Stock (NYSE:ALK)

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

ALK Stock Price History

ALK Stock News Headlines

Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Alaska Air Group (ALK) to Release Earnings on Thursday
Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Alaska Air Group (NYSE:ALK) Downgraded by StockNews.com to Sell
Alaska Air Group (NYSE:ALK) PT Raised to $49.00 at TD Cowen
The Analyst Verdict: Alaska Air Gr In The Eyes Of 4 Experts
The 3 Best Airline Stocks to Buy in April 2024
Is United Airlines Undervalued?
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
01165910
Employees
26,043
Year Founded
1932

Price Target and Rating

Average Stock Price Target
$57.44
High Stock Price Target
$70.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+40.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$235 million
Pretax Margin
3.10%

Debt

Sales & Book Value

Annual Sales
$10.43 billion
Cash Flow
$8.02 per share
Book Value
$32.12 per share

Miscellaneous

Free Float
124,642,000
Market Cap
$5.16 billion
Optionable
Optionable
Beta
1.63

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ALK Stock Analysis - Frequently Asked Questions

Should I buy or sell Alaska Air Group stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALK shares.
View ALK analyst ratings
or view top-rated stocks.

What is Alaska Air Group's stock price target for 2024?

10 analysts have issued 12-month price objectives for Alaska Air Group's stock. Their ALK share price targets range from $40.00 to $70.00. On average, they anticipate the company's share price to reach $57.44 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price.
View analysts price targets for ALK
or view top-rated stocks among Wall Street analysts.

How have ALK shares performed in 2024?

Alaska Air Group's stock was trading at $39.07 at the start of the year. Since then, ALK stock has increased by 4.4% and is now trading at $40.80.
View the best growth stocks for 2024 here
.

Are investors shorting Alaska Air Group?

Alaska Air Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,020,000 shares, an increase of 31.7% from the March 15th total of 4,570,000 shares. Based on an average daily volume of 2,480,000 shares, the short-interest ratio is currently 2.4 days.
View Alaska Air Group's Short Interest
.

When is Alaska Air Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our ALK earnings forecast
.

How can I listen to Alaska Air Group's earnings call?

Alaska Air Group will be holding an earnings conference call on Thursday, April 18th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Alaska Air Group's earnings last quarter?

Alaska Air Group, Inc. (NYSE:ALK) posted its quarterly earnings data on Thursday, January, 25th. The transportation company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.18 by $0.12. The transportation company earned $2.55 billion during the quarter, compared to analysts' expectations of $2.53 billion. Alaska Air Group had a net margin of 2.25% and a trailing twelve-month return on equity of 14.72%. The firm's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 earnings per share.
Read the conference call transcript
.

When did Alaska Air Group's stock split?

Shares of Alaska Air Group split before market open on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created shares were issued to shareholders after the market closes on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Alaska Air Group issued on next quarter's earnings?

Alaska Air Group issued an update on its first quarter earnings guidance on Thursday, April, 4th. The company provided EPS guidance of $(1.15)-(1.05) for the period, compared to the consensus EPS estimate of ($0.91).

What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO?

391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Alaska Air Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX).

Who are Alaska Air Group's major shareholders?

Alaska Air Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.18%), Hodges Capital Management Inc. (0.16%), Gateway Investment Advisers LLC (0.12%), Alaska Permanent Fund Corp (0.05%), Executive Wealth Group LLC (0.03%) and IMC Chicago LLC (0.00%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, J Kenneth Thompson, Jessie J Knight Jr and Shane R Tackett.
View institutional ownership trends
.

How do I buy shares of Alaska Air Group?

Shares of ALK 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.

Does Alaska Air Group have any subsidiaries?
The following companies are subsidiares of Alaska Air Group: AAG Leasing Inc., AAG Real Property LLC., ASA Assurance Inc., ASA Beverages LLC., Alaska Airlines Inc., Horizon Air Industries Inc., McGee Air Services Inc., and Virgin America.
Read More
This page (NYSE:ALK) was last updated on 4/16/2024 by MarketBeat.com Staff

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