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

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

JetBlue Airways declared that its Board of Directors has authorized a stock buyback 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

JetBlue Airways Co. (NASDAQ:JBLU) announced its quarterly earnings data on Tuesday, April, 24th. The transportation company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. The transportation company earned $1.75 billion during the quarter, compared to analyst estimates of $1.76 billion. JetBlue Airways had a net margin of 16.05% and a return on equity of 13.10%. JetBlue Airways's quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.25 earnings per share. 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 analysts have issued 1 year target prices for JetBlue Airways' shares. Their forecasts range from $20.00 to $31.00. On average, they anticipate JetBlue Airways' stock price to reach $23.2917 in the next year. View Analyst Ratings for JetBlue Airways.

JetBlue Airways saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 22,337,665 shares, an increase of 60.7% from the May 15th total of 13,901,513 shares. Based on an average daily trading volume, of 5,100,176 shares, the days-to-cover ratio is currently 4.4 days. Approximately 7.1% of the shares of the stock are sold short.

Some companies that are related to JetBlue Airways include United Continental (UAL), American Airlines Group (AAL), Lufthansa (DLAKY), China Eastern Airlines (CEA), China Southern Airlines (ZNH), Intl Cons Airl/S (ICAGY), Alaska Air Group (ALK), LATAM Airlines Group (LTM), CATHAY Pac AIRW/S (CPCAY), Azul (AZUL), easyJet (EJTTF), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW) and Allegiant Travel (ALGT).

News coverage about JBLU stock has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. JetBlue Airways earned a news sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the transportation company an impact score of 44.47 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

JetBlue Airways' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.28%), Dimensional Fund Advisors LP (3.62%), LSV Asset Management (2.02%), Frontier Capital Management Co. LLC (1.77%), Disciplined Growth Investors Inc. MN (1.49%) and Donald Smith & CO. Inc. (1.33%). 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 sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Hsbc Holdings PLC, Systematic Financial Management LP, State of New Jersey Common Pension Fund D, Millennium Management LLC, BNP Paribas Arbitrage SA, Allianz Asset Management GmbH and Allianz Asset Management GmbH. Company insiders that have sold JetBlue Airways company stock in the last year include Alexander Chatkewitz, George Martin J St, James G Hnat, Joel Clinton Peterson and Robin Hayes. View Insider Buying and Selling for JetBlue Airways.

JBLU stock was purchased by a variety of institutional investors in the last quarter, including Darrell & King LLC, LSV Asset Management, Seven Eight Capital LP, BlackRock Inc., Frontier Capital Management Co. LLC, Summit Trail Advisors LLC, Earnest Partners LLC and OMERS ADMINISTRATION Corp. 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 $18.97.

JetBlue Airways has a market capitalization of $6.07 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]