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

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

Allegiant Travel declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 18th will be given a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Thursday, May 17th. View Allegiant Travel's Dividend History.

Allegiant Travel announced that its board has approved a stock repurchase program on Thursday, July 27th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

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

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

Allegiant Travel 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 estimate of $10.92.

12 equities research analysts have issued 12-month price targets for Allegiant Travel's stock. Their forecasts range from $117.00 to $193.00. On average, they expect Allegiant Travel's share price to reach $159.5920 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Ratings for Allegiant Travel.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Allegiant Travel include China Eastern Airlines Corp. Ltd. ADR Class H (CEA), easyJet (EJTTF), Alaska Air Group (ALK), Intl Cons Airl/S (ICAGY), China Southern Airlines (ZNH), LATAM Airlines Group (LTM), JetBlue Airways (JBLU), CATHAY Pac AIRW/S (CPCAY), Azul (AZUL), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW), Hawaiian (HA), Gol Linhas Aereas Inteligentes (GOL) and Avianca (AVH).

News stories about ALGT stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Allegiant Travel earned a coverage optimism score of 0.17 on Accern's scale. They also gave news stories about the transportation company an impact score of 46.44 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Allegiant Travel's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.42%), Nisa Investment Advisors LLC (0.03%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Allegiant Travel 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 Travel.

ALGT stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold Allegiant Travel 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 Travel.

ALGT stock was acquired by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of ALGT stock can currently be purchased for approximately $144.20.

Allegiant Travel has a market capitalization of $2.32 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 Travel employs 3,951 workers across the globe.

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.