NASDAQ:JBLU - JetBlue Airways Stock Price, Forecast & News

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

JetBlue Airways declared that its Board of Directors has initiated a share repurchase plan on Friday, December 15th 2017, which allows the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign 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 consensus estimate of $0.51 by $0.08. The transportation company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.09 billion. JetBlue Airways had a net margin of 7.19% and a return on equity of 12.03%. The company's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior 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 12-month price targets for JetBlue Airways' stock. Their forecasts range from $16.00 to $26.00. On average, they expect JetBlue Airways' stock price to reach $21.61 in the next year. This suggests a possible upside of 12.9% 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.

Headlines about JBLU stock have trended positive on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. JetBlue Airways earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. 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 volume of 4,900,000 shares, the short-interest ratio is currently 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 shareholders include Donald Smith & CO. Inc. (3.75%), State Street Corp (2.45%), Disciplined Growth Investors Inc. MN (2.18%), Millennium Management LLC (1.55%), Darrell & King LLC (0.51%) and Parametric Portfolio Associates LLC (0.42%). 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., Maverick Capital Ltd., State Street Corp, First Trust Advisors LP, Darrell & King LLC, Keybank National Association OH and Adirondack Research & Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Disciplined Growth Investors Inc. MN, Donald Smith & CO. Inc., Parametric Portfolio Associates LLC, California Public Employees Retirement System, Meritage Portfolio Management, Bowling Portfolio Management LLC and First Quadrant L P CA. 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 $19.14.

JetBlue Airways has a market capitalization of $5.53 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]