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 Wednesday, January 29th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.70 per share on Thursday, March 12th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, February 28th. View Allegiant Travel's Dividend History.

Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings data on Wednesday, January, 29th. The transportation company reported $3.72 EPS for the quarter, missing the consensus estimate of $3.87 by $0.15. The transportation company earned $461.10 million during the quarter, compared to the consensus estimate of $458.54 million. Allegiant Travel had a net margin of 12.58% and a return on equity of 30.27%. The firm's revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.56 earnings per share. View Allegiant Travel's Earnings History.

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Allegiant Travel.

Allegiant Travel issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $16.50-19.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $16.92.

9 equities research analysts have issued 1-year price targets for Allegiant Travel's stock. Their forecasts range from $126.00 to $205.00. On average, they expect Allegiant Travel's stock price to reach $168.60 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Allegiant Travel.

9 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegiant Travel.

Press coverage about ALGT stock has trended extremely positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegiant Travel earned a media sentiment score of 4.3 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact 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 the month of February. As of February 14th, there was short interest totalling 2,180,000 shares, an increase of 21.8% from the January 30th total of 1,790,000 shares. Based on an average daily trading volume, of 152,500 shares, the short-interest ratio is presently 14.3 days. Currently, 16.9% of the shares of the stock are short sold. 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), Visa (V), Verizon Communications (VZ), Bank of Hawaii (BOH), JPMorgan Chase & Co. (JPM), Nike (NKE), Exxon Mobil (XOM), Baidu (BIDU) and Tesla (TSLA).

Allegiant Travel's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (3.09%), State Street Corp (2.32%), Franklin Resources Inc. (1.88%), Janus Henderson Group PLC (1.81%), GW&K Investment Management LLC (1.38%) and Bank of New York Mellon Corp (1.24%). 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 FMR LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Diamond Hill Capital Management Inc., Point72 Asset Management L.P., SG Americas Securities LLC, Royce & Associates LP and Public Sector Pension Investment Board. 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 purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Columbus Circle Investors, Bank of America Corp DE, Barclays PLC, Rheos Capital Works Inc., Landscape Capital Management L.L.C., Janus Henderson Group PLC and Brookfield Hedge Solutions LLC. 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 $136.88.

Allegiant Travel has a market capitalization of $2.23 billion and generates $1.84 billion in revenue each year. The transportation company earns $232.12 million in net income (profit) each year or $14.26 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]