NASDAQ:ALGT - Allegiant Air Stock Price, Price Target & More

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

Allegiant Air declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 18th will be paid a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, May 17th. View Allegiant Air's Dividend History.

Allegiant Air declared that its Board of Directors has authorized a share repurchase program on Thursday, July 27th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

Allegiant Air (NASDAQ:ALGT) issued its quarterly earnings results on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.01 by $0.41. The transportation company earned $425.44 million during the quarter, compared to analysts' expectations of $424.10 million. Allegiant Air had a net margin of 13.42% and a return on equity of 32.61%. The company's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.50 EPS. View Allegiant Air's Earnings History.

Allegiant Air is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Allegiant Air.

Allegiant Air updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.92.

13 brokerages have issued 1 year price targets for Allegiant Air's stock. Their forecasts range from $119.00 to $190.00. On average, they expect Allegiant Air's share price to reach $162.0836 in the next twelve months. View Analyst Ratings for Allegiant Air.

Some companies that are related to Allegiant Air include China Southern Airlines (ZNH), easyJet (EJTTF), LATAM Airlines Group (LTM), International Airlines Group (ICAGY), Alaska Air Group (ALK), Azul (AZUL), Cathay Pacific (CPCAY), JetBlue (JBLU), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW), Hawaiian (HA), Gol Transportes Aéreos (GOL), Avianca (AVH) and Volaris (VLRS).

News headlines about ALGT stock have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allegiant Air earned a daily sentiment score of 0.11 on Accern's scale. They also gave news stories about the transportation company an impact score of 46.76 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Allegiant Air's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.93%), Wasatch Advisors Inc. (4.73%), Neuberger Berman Group LLC (4.20%), Franklin Resources Inc. (4.00%), Dimensional Fund Advisors LP (2.63%) and Diamond Hill Capital Management Inc. (2.49%). Company insiders that own Allegiant Air stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Maurice J Gallagher Jr, Scott Matthew Allard and Scott Sheldon. View Institutional Ownership Trends for Allegiant Air.

ALGT stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Sei Investments Co., Dimensional Fund Advisors LP, JPMorgan Chase & Co., Franklin Resources Inc., Diamond Hill Capital Management Inc., Victory Capital Management Inc. and Jupiter Asset Management Ltd.. Company insiders that have sold Allegiant Air company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Maurice J Gallagher Jr and Scott Sheldon. View Insider Buying and Selling for Allegiant Air.

ALGT stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Matarin Capital Management LLC, Neuberger Berman Group LLC, First Pacific Advisors LLC, New York State Common Retirement Fund, Wesbanco Bank Inc., BlackRock Inc. and Prudential Financial Inc.. View Insider Buying and Selling for Allegiant Air.

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, Scottrade, Fidelity and Charles Schwab.

One share of ALGT stock can currently be purchased for approximately $159.10.

Allegiant Air has a market capitalization of $2.61 billion and generates $1.50 billion in revenue each year. The transportation company earns $194.90 million in net income (profit) each year or $9.55 on an earnings per share basis. Allegiant Air employs 3,951 workers across the globe.

Allegiant Air'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.