Southwest Airlines (LUV) to Release Quarterly Earnings on Wednesday

Southwest Airlines (NYSE:LUV - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $6.47 billion for the quarter.

Southwest Airlines (NYSE:LUV - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The airline reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.05. Southwest Airlines had a return on equity of 5.77% and a net margin of 1.69%. The firm had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.47 billion. On average, analysts expect Southwest Airlines to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Southwest Airlines Stock Performance

LUV traded up $0.03 during trading on Friday, reaching $26.49. The company's stock had a trading volume of 10,534,958 shares, compared to its average volume of 9,898,015. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.85 and a current ratio of 0.92. The company's fifty day moving average price is $29.43 and its 200-day moving average price is $31.11. Southwest Airlines has a 52-week low of $23.58 and a 52-week high of $36.12. The company has a market capitalization of $15.20 billion, a price-to-earnings ratio of 36.79, a price-to-earnings-growth ratio of 0.97 and a beta of 0.94.

Southwest Airlines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.72%. Southwest Airlines's dividend payout ratio (DPR) is presently 84.71%.

Insider Activity at Southwest Airlines

In other Southwest Airlines news, Director C. David Cush bought 5,000 shares of Southwest Airlines stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $30.03 per share, for a total transaction of $150,150.00. Following the completion of the transaction, the director now owns 19,011 shares of the company's stock, valued at $570,900.33. This represents a 35.69 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.79% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LUV. UBS Group dropped their price objective on Southwest Airlines from $36.00 to $27.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Melius Research raised Southwest Airlines from a "sell" rating to a "hold" rating and upped their price objective for the stock from $28.00 to $34.00 in a report on Thursday, March 20th. Barclays dropped their price objective on Southwest Airlines from $32.00 to $26.00 and set an "equal weight" rating on the stock in a report on Thursday. Argus raised Southwest Airlines from a "hold" rating to a "buy" rating and set a $35.00 price objective on the stock in a report on Tuesday, February 11th. Finally, Bank of America reaffirmed an "underperform" rating and set a $31.00 price objective (down previously from $33.00) on shares of Southwest Airlines in a report on Friday, January 17th. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $30.54.

Southwest Airlines Company Profile

Southwest Airlines Co operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.