JetBlue Airways Stock Price, Forecast & Analysis (NASDAQ:JBLU)

JetBlue Airways trades on the NASDAQ under the ticker symbol "JBLU."

JetBlue Airways declared that its board has authorized a stock repurchase plan on Friday, December 15th 2017, which permits the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

JetBlue Airways Co. (NASDAQ:JBLU) released its quarterly earnings data on Tuesday, October, 22nd. The transportation company reported $0.59 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.08. The transportation company earned $2.09 billion during the quarter, compared to analyst estimates of $2.09 billion. JetBlue Airways had a return on equity of 12.03% and a net margin of 7.19%. The firm's revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 EPS. View JetBlue Airways' Earnings History.

JetBlue Airways is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for JetBlue Airways.

14 brokerages have issued 1 year price targets for JetBlue Airways' stock. Their forecasts range from $16.00 to $26.00. On average, they anticipate JetBlue Airways' stock price to reach $21.61 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for JetBlue Airways.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JetBlue Airways in the last year. There are currently 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for JetBlue Airways.

News coverage about JBLU stock has been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. JetBlue Airways earned a daily sentiment score of 1.1 on InfoTrie's scale. They also gave press coverage about the transportation company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for JetBlue Airways.

JetBlue Airways saw a drop in short interest in October. As of October 15th, there was short interest totalling 12,910,000 shares, a drop of 43.5% from the September 15th total of 22,850,000 shares. Based on an average daily trading volume, of 4,900,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 4.4% of the shares of the stock are sold short. View JetBlue Airways' Current Options Chain.

Some companies that are related to JetBlue Airways include Delta Air Lines (DAL), Southwest Airlines (LUV), United Continental (UAL), Alaska Air Group (ALK), Copa (CPA), SkyWest (SKYW), Allegiant Travel (ALGT), Spirit Airlines (SAVE) and Hawaiian (HA).

Based on aggregate information from My MarketBeat watchlists, some companies that other JetBlue Airways investors own include Micron Technology (MU), Delta Air Lines (DAL), Starbucks (SBUX), Southwest Airlines (LUV), Netflix (NFLX), Wells Fargo & Co (WFC), Skyworks Solutions (SWKS), Bank of America (BAC), Walt Disney (DIS) and NVIDIA (NVDA).

JetBlue Airways' stock is owned by a number of of retail and institutional investors. Top institutional investors include Donald Smith & CO. Inc. (3.75%), California Public Employees Retirement System (0.28%), Scout Investments Inc. (0.27%), Wedge Capital Management L L P NC (0.27%), Rhumbline Advisers (0.24%) and Wilsey Asset Management Inc. (0.20%). Company insiders that own JetBlue Airways stock include Alexander Chatkewitz, Brandon Nelson, George Martin J St, James G Hnat, Robin Hayes and Stephen J Priest. View Institutional Ownership Trends for JetBlue Airways.

JBLU stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Carillon Tower Advisers Inc., First Trust Advisors LP, Keybank National Association OH, Adirondack Research & Management Inc., Rhumbline Advisers, Pacer Advisors Inc. and Great West Life Assurance Co. Can. Company insiders that have sold JetBlue Airways company stock in the last year include Brandon Nelson, George Martin J St, Robin Hayes and Stephen J Priest. View Insider Buying and Selling for JetBlue Airways.

JBLU stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., California Public Employees Retirement System, Meritage Portfolio Management, Bowling Portfolio Management LLC, First Quadrant L P CA, Russell Investments Group Ltd., TrimTabs Asset Management LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for JetBlue Airways.

Shares of JBLU 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 JBLU stock can currently be purchased for approximately $19.33.

JetBlue Airways has a market capitalization of $5.58 billion and generates $7.66 billion in revenue each year. The transportation company earns $188 million in net income (profit) each year or $1.55 on an earnings per share basis. JetBlue Airways employs 20,892 workers across the globe.View Additional Information About JetBlue Airways.

The official website for JetBlue Airways is http://www.jetblue.com/.

JetBlue Airways' mailing address is 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY, 11101. The transportation company can be reached via phone at 718-286-7900 or via email at [email protected]