NASDAQ:ALGT - Allegiant Travel Stock Price, Forecast & News

Allegiant Travel trades on the NASDAQ under the ticker symbol "ALGT."

Allegiant Travel declared a quarterly dividend on Thursday, October 24th. Investors of record on Friday, November 22nd will be paid a dividend of $0.70 per share on Thursday, December 12th. This represents a $2.80 annualized dividend and a yield of 1.64%. The ex-dividend date is Thursday, November 21st. View Allegiant Travel's Dividend History.

Allegiant Travel (NASDAQ:ALGT) posted its earnings results on Thursday, October, 24th. The transportation company reported $2.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.21 by $0.49. The transportation company earned $436.51 million during the quarter, compared to analysts' expectations of $429.44 million. Allegiant Travel had a return on equity of 28.76% and a net margin of 11.85%. The business's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.94 earnings per share. View Allegiant Travel's Earnings History.

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Allegiant Travel.

Allegiant Travel issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $14.25-14.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $13.67.

11 analysts have issued 12 month price objectives for Allegiant Travel's stock. Their forecasts range from $149.00 to $219.00. On average, they expect Allegiant Travel's share price to reach $177.09 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Allegiant Travel.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegiant Travel.

Media headlines about ALGT stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Allegiant Travel earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Allegiant Travel.

Allegiant Travel saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,520,000 shares, an increase of 28.8% from the October 31st total of 1,180,000 shares. Based on an average daily volume of 185,400 shares, the short-interest ratio is currently 8.2 days. Currently, 11.7% of the shares of the stock are sold short. View Allegiant Travel's Current Options Chain.

Some companies that are related to Allegiant Travel include Delta Air Lines (DAL), Southwest Airlines (LUV), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiant Travel investors own include InterDigital Wireless (IDCC), Alaska Air Group (ALK), Bank of Hawaii (BOH), Visa (V), Celgene (CELG), Spirit Airlines (SAVE), Tesla (TSLA), Caterpillar (CAT), Nike (NKE) and Amgen (AMGN).

Allegiant Travel's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (3.24%), State Street Corp (2.36%), GW&K Investment Management LLC (1.42%), Capital Investment Services of America Inc. (0.57%), Point72 Asset Management L.P. (0.40%) and Rhumbline Advisers (0.25%). Company insiders that own Allegiant Travel stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Maurice J Gallagher Jr, Robert Paul Wilson III and Scott Sheldon. View Institutional Ownership Trends for Allegiant Travel.

ALGT stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Point72 Asset Management L.P., Diamond Hill Capital Management Inc., RK Asset Management LLC, State of Tennessee Treasury Department, Janney Montgomery Scott LLC, Strs Ohio and State Street Corp. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Maurice J Gallagher Jr and Robert Paul Wilson III. View Insider Buying and Selling for Allegiant Travel.

ALGT stock was purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Winmill & CO. Inc., Voloridge Investment Management LLC, Hussman Strategic Advisors Inc., SG Americas Securities LLC, State of Alaska Department of Revenue, California Public Employees Retirement System and Squarepoint Ops LLC. View Insider Buying and Selling for Allegiant Travel.

Shares of ALGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ALGT stock can currently be purchased for approximately $170.95.

Allegiant Travel has a market capitalization of $2.78 billion and generates $1.67 billion in revenue each year. The transportation company earns $159.70 million in net income (profit) each year or $10.00 on an earnings per share basis. Allegiant Travel employs 3,901 workers across the globe.View Additional Information About Allegiant Travel.

The official website for Allegiant Travel is http://www.allegiantair.com/.

Allegiant Travel's mailing address is 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144. The transportation company can be reached via phone at 702-851-7300 or via email at [email protected]