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. Shareholders 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 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 of Directors has authorized a share buyback plan 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 repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Allegiant Travel (NASDAQ:ALGT) announced its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.01 by $0.41. The transportation company earned $425.44 million during 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%. The company's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the business posted $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 earnings per share (EPS) guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus estimate of $10.92.

12 Wall Street 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 stock price to reach $159.5920 in the next twelve months. 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 headlines about ALGT stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allegiant Travel earned a daily sentiment score of 0.04 on Accern's scale. They also gave press coverage about the transportation company an impact score of 47.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Allegiant Travel's stock is owned by a variety of of institutional and retail 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 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.