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

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

Allegiant Travel announced a quarterly dividend on Thursday, April 26th. Shareholders 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 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 17th. View Allegiant Travel's Dividend History.

Allegiant Travel declared that its board has approved a share buyback program on Thursday, July 27th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding 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 typically a sign that the company's board of directors believes its stock is undervalued.

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.01 by $0.41. The transportation company earned $425.44 million during the quarter, compared to the consensus estimate of $424.10 million. Allegiant Travel had a net margin of 13.42% and a return on equity of 32.61%. The company's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.50 EPS. 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 EPS estimate of $10.92.

12 equities research analysts have issued 12 month price targets for Allegiant Travel's stock. Their predictions range from $117.00 to $193.00. On average, they anticipate 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 articles about ALGT stock have been trending positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. 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 news sentiment score of 0.36 on Accern's scale. They also assigned news articles about the transportation company an impact score of 45.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company'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 investors 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 bought 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.