About American Airlines Group
American Airlines Group Inc. (AAG) is a holding company whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA). The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, the Company's airline operates an average of approximately 6,700 flights per day to over 350 destinations in approximately 50 countries. The Company operates approximately 940 mainline aircraft and is supported by its regional airline subsidiaries and third-party regional carriers, which operates an additional 587 regional aircraft.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Major Airlines
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: AAL
- Previous Close: $46.28
- 50 Day Moving Average: $46.63
- 200 Day Moving Average: $42.36
- 52-Week Range: $24.85 - $50.64
- Trailing P/E Ratio: 9.62
- Foreward P/E Ratio: 8.65
- P/E Growth: 4.56
- Market Cap: $23.33B
- Outstanding Shares: 514,570,000
- Beta: 0.93
- Net Margins: 6.66%
- Return on Equity: 86.54%
- Return on Assets: 7.32%
Companies Related to American Airlines Group:
- Debt-to-Equity Ratio: 5.94%
- Current Ratio: 0.74%
- Quick Ratio: 0.67%
What is American Airlines Group's stock symbol?
American Airlines Group trades on the NASDAQ under the ticker symbol "AAL."
How often does American Airlines Group pay dividends? What is the dividend yield for American Airlines Group?
American Airlines Group announced a quarterly dividend on Monday, January 30th. Shareholders of record on Monday, February 13th will be given a dividend of $0.10 per share on Monday, February 27th. This represents a $0.40 annualized dividend and a yield of 0.86%. The ex-dividend date is Thursday, February 9th.
Where is American Airlines Group's stock going? Where will American Airlines Group's stock price be in 2017?
16 brokers have issued 12-month price targets for American Airlines Group's stock. Their forecasts range from $29.00 to $62.00. On average, they expect American Airlines Group's share price to reach $47.47 in the next twelve months.
When will American Airlines Group announce their earnings?
American Airlines Group is scheduled to release their next quarterly earnings announcement on Thursday, April, 20th 2017.
What are analysts saying about American Airlines Group stock?
Here are some recent quotes from research analysts about American Airlines Group stock:
According to Zacks Investment Research, "Shares of American Airlines outperformed the broader market in the last six months. The company reported better-than-expected revenues but in-line earnings in the fourth quarter of 2016. Total revenue per available seat miles (TRASM) improved 1.3% in the reported quarter. This was the first quarter in which the metric grew on a year-over-year basis, since the fourth quarter of 2014. Further improvement in the metric is expected in the first quarter. Increasing labor costs are, however, expected to continue hurting the bottom line. Consolidated CASM (excluding fuel and special items) is projected to increase 9% in the first quarter of 2017. Nonetheless, we are impressed by the company's efforts to reward shareholders. The efforts to modernize its fleets are also encouraging." (2/8/2017)
Deutsche Bank AG analysts commented, "several of our key macro indicators are suggesting a more challenging environment for 2016."The brokerage also cut the price targets of American Airlines to $46 from $55, Delta to $55 from $68, JetBlue Airways Corporation (NASDAQ: JBLU) to $32 from $32 and United to $62 from $75."More specifically, we have observed a slowdown in US corporate profits which is a concern given that they are a leading indicator of economic activity, and therefore, could lead to reduced demand for corporate travel," analyst Michael Linenberg wrote in a note to clients.However, he said consumer spending and housing have fared better, and should bolster demand for discretionary and leisure travel, at least through the summer.Related Link: UBS Cautious Into Airliners' Q1A Few Favorites: Domestics Not Heavily Reliant On Corporate TravelAs such, the analyst favors domestic names that are less reliant on corporate travel, such as Southwest Airlines Co (NYSE: LUV), Alaska Air Group, Inc. (NYSE: ALK), JetBlue, Spirit Airlines Incorporated (NASDAQ: SAVE) and SkyWest, Inc. (NASDAQ: SKYW).The analyst added, "Underlying our revised 2016 quarterly PRASM forecast of -6.0 percent, -4.5 percent, -2.5 percent, -1.0 percent (vs. prior forecast of -6.0 percent, -4.5 percent, -1.5 percent, -0.8 percent), respectively, for the US airline industry is decelerating capacity growth."While moderating supply growth should mitigate macro headwinds, we do see elevated downside risk to top-line growth in 2H 2016 based on the latest US economic data."Linenberg noted that although stocks are attractively valued, they tend to underperform late cycle."The prevailing view is that we are in the latter stages of an economic cycle (April marks the 83rd month of US GDP expansion, 4th longest on record) which is typically a period of underperformance for US airline stocks. Also, airline stocks tend to underperform the market during a Fed tightening cycle (although admittedly this doesn't seem to be a "typical" tightening cycle)." "So although airline stocks are attractively valued (major airlines trading at 9.0x 2016 EPS vs. historical range of 10x – 12x and growth airlines trading at 11.9x vs. 15x – 20x), the compressed multiples may be the market's way of telling us that the sector's earnings have peaked."Related Link: Airline ETF Endures Oil's Rise, Hedging IssuesAccording to the analyst, investor interest in the major airline stocks is "lukewarm."We have learned from our client meetings over the past several months that attractive share price valuations and pro-shareholder initiatives are not reason enough to invest in the sector, particularly the major airline names, as concerns about the US and global economy dominate the conversation."Long-Term View: PositiveDespite his revised outlook, the analyst's positive long-term investment thesis on the sector remains intact."We continue to believe that the long-term investment thesis is still intact, i.e. the US airline industry has become an investable sector with significant free cash flow and run by management who are pro-shareholder," Linenberg highlighted.He continued, "Furthermore, the US airline industry is on track in 2016 to exceed last year's record operating profits. However, we think the primary risk is that this year could be a repeat of last year when investors balked at investing in major airline stocks due to economic uncertainty." (4/1/2016)
Who owns American Airlines Group stock?
American Airlines Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.63%), FMR LLC (3.33%), Putnam Investments LLC (1.16%), Stelliam Investment Management LP (0.78%), Dimensional Fund Advisors LP (0.29%) and O Shaughnessy Asset Management LLC (0.26%). Company insiders that own American Airlines Group stock include Andrew P Nocella, Beverly K Goulet, Elise R Eberwein, J Scott Kirby, Jeffrey D Benjamin, Maya Leibman, Ray M Robinson, Richard C Kraemer, Richard P Schifter, Robert D Isom Jr, Stephen L Johnson and W Douglas Parker.
Who sold American Airlines Group stock? Who is selling American Airlines Group stock?
American Airlines Group's stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Janus Capital Management LLC, Stelliam Investment Management LP, Hodges Capital Management Inc., Prudential PLC, Systematic Financial Management LP, Commerzbank Aktiengesellschaft FI and Teachers Retirement System of The State of Kentucky. Company insiders that have sold American Airlines Group stock in the last year include Andrew P Nocella, Beverly K Goulet, Elise R Eberwein, J Scott Kirby, Maya Leibman, Ray M Robinson, Robert D Isom Jr and W Douglas Parker.
Who bought American Airlines Group stock? Who is buying American Airlines Group stock?
American Airlines Group's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Tide Point Capital Management LP, Appaloosa LP, State Street Corp, Friess Associates LLC, Asset Management One Co. Ltd., Folger Hill Asset Management LP and AQR Capital Management LLC. Company insiders that have bought American Airlines Group stock in the last two years include Jeffrey D Benjamin and Richard P Schifter.
How do I buy American Airlines Group stock?
Shares of American Airlines Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of American Airlines Group stock cost?
One share of American Airlines Group stock can currently be purchased for approximately $46.28.