SkyWest (SKYW) to Release Quarterly Earnings on Thursday

Key Points

• Q1 2026 results due after the close on Thursday, April 23, 2026 at 4:30 PM ET; analysts expect $2.18 EPS and $993.06 million in revenue.
• In the prior quarter (reported Jan. 29) SkyWest posted $2.21 EPS (missing the $2.25 estimate) and $1.02 billion in revenue, with analysts projecting about $9 EPS for the current fiscal year and $10 EPS for next year.
• Market sentiment and metrics: market cap ~$3.89B, P/E 9.36, average analyst rating " Moderate Buy " with an average price target of $123, and recent insider selling (Wade J. Steel sold ~20,629 shares).

SkyWest (NASDAQ:SKYW - Get Free Report) is expected to be posting its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect SkyWest to post earnings of $2.18 per share and revenue of $993.06 million for the quarter. Individuals may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:30 PM ET.

SkyWest (NASDAQ:SKYW - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The transportation company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.25 by ($0.04). The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $993.12 million. SkyWest had a net margin of 10.56% and a return on equity of 16.35%. SkyWest's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the company earned $2.34 earnings per share. On average, analysts expect SkyWest to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SkyWest Price Performance

SKYW opened at $96.89 on Thursday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 9.36, a PEG ratio of 1.33 and a beta of 1.63. The company has a quick ratio of 0.55, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The firm has a 50-day moving average price of $97.10 and a 200-day moving average price of $99.08. SkyWest has a twelve month low of $82.14 and a twelve month high of $123.94.

Analyst Ratings Changes

Several research analysts recently commented on SKYW shares. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of SkyWest in a report on Thursday, January 22nd. Cantor Fitzgerald set a $122.00 target price on shares of SkyWest in a report on Monday, January 26th. TD Cowen dropped their target price on SkyWest from $132.00 to $122.00 and set a "buy" rating on the stock in a research report on Monday, January 26th. Finally, Citigroup cut their price target on SkyWest from $112.00 to $101.00 and set a "neutral" rating for the company in a report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $123.00.

Insider Buying and Selling

In other SkyWest news, insider Wade J. Steel sold 20,629 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $106.53, for a total value of $2,197,607.37. Following the transaction, the insider directly owned 77,438 shares in the company, valued at $8,249,470.14. This represents a 21.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

Institutional Trading of SkyWest

Large investors have recently modified their holdings of the business. California State Teachers Retirement System increased its position in shares of SkyWest by 0.8% in the second quarter. California State Teachers Retirement System now owns 11,165 shares of the transportation company's stock worth $1,150,000 after purchasing an additional 87 shares during the last quarter. Maryland State Retirement & Pension System lifted its position in SkyWest by 1.7% during the fourth quarter. Maryland State Retirement & Pension System now owns 5,901 shares of the transportation company's stock valued at $593,000 after purchasing an additional 96 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in SkyWest by 4.2% during the second quarter. Canada Pension Plan Investment Board now owns 2,500 shares of the transportation company's stock valued at $257,000 after purchasing an additional 100 shares during the last quarter. Evergreen Capital Management LLC grew its stake in SkyWest by 2.0% in the 2nd quarter. Evergreen Capital Management LLC now owns 5,827 shares of the transportation company's stock worth $600,000 after buying an additional 113 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in SkyWest by 15.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the transportation company's stock worth $105,000 after buying an additional 140 shares in the last quarter. Institutional investors own 81.30% of the company's stock.

About SkyWest

SkyWest, Inc NASDAQ: SKYW is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.