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. Shareholders of record on Friday, November 22nd will be given a dividend of $0.70 per share on Thursday, December 12th. This represents a $2.80 annualized dividend and a yield of 1.57%. 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 analysts' consensus estimates of $2.21 by $0.49. The transportation company earned $436.51 million during the quarter, compared to the consensus estimate of $429.44 million. Allegiant Travel had a return on equity of 28.76% and a net margin of 11.85%. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business posted $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 will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

10 analysts have issued 12-month price targets for Allegiant Travel's shares. Their forecasts range from $149.00 to $219.00. On average, they anticipate Allegiant Travel's share price to reach $177.09 in the next year. This suggests that the stock has a possible downside of 0.4%. View Analyst Price Targets for Allegiant Travel.

10 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegiant Travel.

News coverage about ALGT stock has trended positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Allegiant Travel earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Allegiant Travel.

Allegiant Travel saw a increase in short interest in December. As of December 13th, there was short interest totalling 1,810,000 shares, an increase of 10.4% from the November 28th total of 1,640,000 shares. Based on an average daily trading volume, of 154,400 shares, the days-to-cover ratio is currently 11.7 days. Currently, 13.9% 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), Exxon Mobil (XOM), Caterpillar (CAT), Nike (NKE), Verizon Communications (VZ), Walmart (WMT) and Amgen (AMGN).

Allegiant Travel's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.57%), RK Asset Management LLC (0.24%), Uncommon Cents Investing LLC (0.06%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 Nisa Investment Advisors LLC, RK Asset Management LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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 bought by a variety of institutional investors in the last quarter, including Uncommon Cents Investing LLC, Meridian Wealth Management LLC and 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, Robinhood, Fidelity and Charles Schwab.

One share of ALGT stock can currently be purchased for approximately $177.79.

Allegiant Travel has a market capitalization of $2.90 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]