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

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

Allegiant Travel announced a quarterly dividend on Wednesday, July 24th. Shareholders of record on Friday, September 20th will be given a dividend of $0.70 per share on Friday, September 27th. This represents a $2.80 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, September 19th. View Allegiant Travel's Dividend History.

Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings results on Wednesday, July, 24th. The transportation company reported $4.33 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $4.67 by $0.34. The transportation company earned $491.80 million during the quarter, compared to analysts' expectations of $504.81 million. Allegiant Travel had a return on equity of 26.59% and a net margin of 10.54%. The company's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the company earned $3.10 earnings per share. View Allegiant Travel's Earnings History.

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Allegiant Travel.

Allegiant Travel issued an update on its FY 2019 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $13.50-14.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.58.

11 Wall Street analysts have issued 1-year target prices for Allegiant Travel's shares. Their predictions range from $147.00 to $191.00. On average, they anticipate Allegiant Travel's share price to reach $168.2727 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Allegiant Travel.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allegiant Travel.

News articles about ALGT stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allegiant Travel earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Allegiant Travel.

Allegiant Travel saw a increase in short interest in July. As of July 31st, there was short interest totalling 943,200 shares, an increase of 21.6% from the June 30th total of 775,700 shares. Based on an average trading volume of 149,700 shares, the days-to-cover ratio is presently 6.3 days. Currently, 7.4% of the shares of the company are short sold. View Allegiant Travel's Current Options Chain.

Some companies that are related to Allegiant Travel include Air Canada (ACDVF), Alaska Air Group (ALK), China Southern Airlines (ZNH), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), Deutsche Lufthansa (DLAKY), JetBlue Airways (JBLU), CATHAY PAC AIRW/S (CPCAY), LATAM Airlines Group (LTM), Air France-KLM (AFLYY), easyJet (EJTTF), Copa (CPA), INTL CONS AIRL/S (ICAGY), Gol Linhas Aereas Inteligentes (GOL), SkyWest (SKYW) 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), Celgene (CELG), Spirit Airlines (SAVE), JPMorgan Chase & Co. (JPM), Nike (NKE), Amgen (AMGN) and Regeneron Pharmaceuticals (REGN).

Allegiant Travel's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.57%), Vanguard Group Inc. (8.22%), Wasatch Advisors Inc. (4.75%), Diamond Hill Capital Management Inc. (3.34%), Janus Henderson Group PLC (1.65%) and Janus Henderson Group PLC (1.65%). 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 Renaissance Technologies LLC, U S Global Investors Inc., Diamond Hill Capital Management Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP, BNP Paribas Arbitrage SA, Janus Henderson Group PLC and Janus Henderson Group PLC. 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 acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Fidelity National Financial Inc., BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Jacobs Levy Equity Management Inc., Vanguard Group Inc. and JPMorgan Chase & Co.. 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 $142.81.

Allegiant Travel has a market capitalization of $2.33 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]