NASDAQ:JBLU - JetBlue Airways Stock Price, Price Target & More

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

JetBlue Airways announced that its board has approved a share repurchase program on Friday, December 15th 2017, which authorizes the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

JetBlue Airways Co. (NASDAQ:JBLU) issued its quarterly earnings data on Tuesday, April, 24th. The transportation company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.05. The transportation company had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.76 billion. JetBlue Airways had a return on equity of 13.10% and a net margin of 16.05%. The business's revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.25 EPS. View JetBlue Airways' Earnings History.

JetBlue Airways is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for JetBlue Airways.

13 equities research analysts have issued 12-month price objectives for JetBlue Airways' shares. Their forecasts range from $20.00 to $31.00. On average, they expect JetBlue Airways' stock price to reach $23.1250 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Ratings for JetBlue Airways.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JetBlue Airways in the last year. There are currently 1 sell rating, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

JetBlue Airways saw a decrease in short interest during the month of June. As of June 29th, there was short interest totalling 14,556,930 shares, a decrease of 23.3% from the June 15th total of 18,986,566 shares. Based on an average daily trading volume, of 4,344,568 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.6% of the shares of the company are sold short. View JetBlue Airways' Current Options Chain.

Some companies that are related to JetBlue Airways include United Continental (UAL), American Airlines Group (AAL), Deutsche Lufthansa (DLAKY), 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), CATHAY Pac AIRW/S (CPCAY), Azul (AZUL), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW) and Allegiant Travel (ALGT).

Media stories about JBLU stock have trended positive on Monday, according to Accern Sentiment. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. JetBlue Airways earned a coverage optimism score of 0.36 on Accern's scale. They also assigned news articles about the transportation company an impact score of 45.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

JetBlue Airways' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.03%), State of Alaska Department of Revenue (0.01%) and Cerebellum GP LLC (0.00%). Company insiders that own JetBlue Airways stock include Alexander Chatkewitz, George Martin J St, James G Hnat, Joel Clinton Peterson and Robin Hayes. View Institutional Ownership Trends for JetBlue Airways.

JBLU stock was acquired by a variety of institutional investors in the last quarter, including Denali Advisors LLC, State of Alaska Department of Revenue and Cerebellum GP 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, Scottrade, Fidelity and Charles Schwab.

One share of JBLU stock can currently be purchased for approximately $19.28.

JetBlue Airways has a market capitalization of $6.10 billion and generates $7.02 billion in revenue each year. The transportation company earns $1.15 billion in net income (profit) each year or $1.71 on an earnings per share basis. JetBlue Airways employs 19,978 workers across the globe.

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]