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 initiated a share buyback plan 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

JetBlue Airways Co. (NASDAQ:JBLU) announced its earnings results on Tuesday, April, 24th. The transportation company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.05. The transportation company earned $1.75 billion during the quarter, compared to the consensus estimate of $1.76 billion. JetBlue Airways had a net margin of 16.05% and a return on equity of 13.10%. The company's quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 Wall Street analysts have issued 12-month price objectives for JetBlue Airways' shares. Their predictions range from $20.00 to $31.00. On average, they expect JetBlue Airways' share price to reach $23.1250 in the next year. 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 decline in short interest in the month of June. As of June 29th, there was short interest totalling 14,556,930 shares, a decline 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. Currently, 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 coverage about JBLU stock has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, 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 gave news stories about the transportation company an impact score of 46.06 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

JetBlue Airways' stock is owned by many different of retail and institutional investors. Top institutional shareholders 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]