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

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$127.07 +1.42 (+1.13 %)
(As of 03/22/2019 01:03 AM ET)
Previous Close$125.65
Today's Range$124.43 - $128.08
52-Week Range$98.18 - $177.15
Volume97,580 shs
Average Volume179,512 shs
Market Capitalization$2.07 billion
P/E Ratio12.71
Dividend Yield2.22%
Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. As of May 23, 2018, it operated a fleet of 99 Airbus aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

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Industry, Sector and Symbol

Industry Air transportation, scheduled
Current SymbolNASDAQ:ALGT



Sales & Book Value

Annual Sales$1.67 billion
Cash Flow$18.1270 per share
Book Value$42.72 per share


Net Income$159.70 million


Market Cap$2.07 billion
Next Earnings Date4/24/2019 (Estimated)

Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions

What is Allegiant Travel's stock symbol?

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

How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel?

Allegiant Travel announced a quarterly dividend on Wednesday, January 30th. Investors of record on Friday, March 1st will be paid a dividend of $0.70 per share on Thursday, March 14th. This represents a $2.80 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Thursday, February 28th. View Allegiant Travel's Dividend History.

How will Allegiant Travel's stock buyback program work?

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

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings results on Wednesday, January, 30th. The transportation company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.09. The transportation company earned $412.11 million during the quarter, compared to the consensus estimate of $410.69 million. Allegiant Travel had a return on equity of 25.01% and a net margin of 9.70%. The business's quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the business earned $5.18 EPS. View Allegiant Travel's Earnings History.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Allegiant Travel.

What guidance has Allegiant Travel issued on next quarter's earnings?

Allegiant Travel issued an update on its FY19 earnings guidance on Wednesday, January, 30th. The company provided earnings per share (EPS) guidance of $13.25-14.75 for the period, compared to the Thomson Reuters consensus estimate of $12.85. Allegiant Travel also updated its FY 2019 guidance to $13.25-14.75 EPS.

What price target have analysts set for ALGT?

12 Wall Street analysts have issued twelve-month price objectives for Allegiant Travel's stock. Their predictions range from $117.00 to $180.00. On average, they anticipate Allegiant Travel's share price to reach $153.4167 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for Allegiant Travel.

What is the consensus analysts' recommendation 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, 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegiant Travel.

What are Wall Street analysts saying about Allegiant Travel stock?

Here are some recent quotes from research analysts about Allegiant Travel stock:
  • 1. According to Zacks Investment Research, "Allegiant is being aided by constant efforts to modernize its fleet. In line with its fleet-modernization efforts, the carrier is not only adding new and more efficient planes but retiring old ones. Allegiant aims to maintain an all-airbus fleet by year-end and increase efficiences. The company intends to improve the flying experience of passengers by maintaining a single-fleet type. Additionally, Allegiant's efforts to reward shareholders in the form of share buybacks and dividend payments are encouraging. The Zacks Consensus Estimate for current-quarter earnings has increased 3.6% over the last 60 days. This reflects the positivity surrounding the stock. Despite such positives, we are concerned about the company's high debt levels. In fact, shares of the company have underperformed the industry it belongs to in the past year." (12/31/2018)
  • 2. Stifel Nicolaus analysts commented, "Dunkin’ Brands (DNKN) announced 2Q18 (June) pro forma EPS of $0.77, which beat our Street-matching $0.74 estimate. Aggressive buybacks added $0.02 to EPS relative to our pre-release model, with the remaining $0.01 beat due to a revenue beat." (7/26/2018)

Has Allegiant Travel been receiving favorable news coverage?

News headlines about ALGT stock have been trending neutral this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.5 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the stock's share price in the immediate future.

Who are some of Allegiant Travel's key competitors?

What other stocks do shareholders of Allegiant Travel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiant Travel investors own include Mattel (MAT), Twitter (TWTR), General Electric (GE), Ultra Clean (UCTT), General Motors (GM), Alaska Air Group (ALK), VMware (VMW), Alibaba Group (BABA), US Foods (USFD) and Caterpillar (CAT).

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the folowing people:
  • Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 69)
  • Mr. John T. Redmond, Pres & Director (Age 60)
  • Mr. Scott D. Sheldon, Exec. VP, CFO & COO (Age 41)
  • Mr. Gregory Clark Anderson, Sr. VP, Treasury, Principal Accounting Officer & Sec. (Age 37)
  • Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer

Who are Allegiant Travel's major shareholders?

Allegiant Travel's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.31%), Diamond Hill Capital Management Inc. (3.70%), Dimensional Fund Advisors LP (2.88%), FMR LLC (2.66%), Bank of New York Mellon Corp (1.33%) and Northern Trust Corp (1.08%). 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.

Which major investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, FMR LLC, Royce & Associates LP, GW&K Investment Management LLC, Bank of America Corp DE, GSA Capital Partners LLP, Bank of New York Mellon Corp and Public Employees Retirement System of Ohio. Company insiders that have sold Allegiant Travel company stock in the last year include Maurice J Gallagher Jr, Robert Paul Wilson III and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel.

Which major investors are buying Allegiant Travel stock?

ALGT stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Diamond Hill Capital Management Inc., Norges Bank, Millennium Management LLC, Tyvor Capital LLC, Royal London Asset Management Ltd., Dimensional Fund Advisors LP and Altimeter Capital Management LP. View Insider Buying and Selling for Allegiant Travel.

How do I buy shares of 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.

What is Allegiant Travel's stock price today?

One share of ALGT stock can currently be purchased for approximately $127.07.

How big of a company is Allegiant Travel?

Allegiant Travel has a market capitalization of $2.07 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.

What is Allegiant Travel's official website?

The official website for Allegiant Travel is

How can I contact Allegiant Travel?

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.

MarketBeat Community Rating for Allegiant Travel (NASDAQ ALGT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  397 (Vote Outperform)
Underperform Votes:  469 (Vote Underperform)
Total Votes:  866
MarketBeat's community ratings are surveys of what our community members think about Allegiant Travel and other stocks. Vote "Outperform" if you believe ALGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by Staff

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