JetBlue Airways Corporation Company Profile (NASDAQ:JBLU)

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

JetBlue Airways Corporation (NASDAQ:JBLU) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.08. The firm earned $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. JetBlue Airways Corporation had a return on equity of 16.89% and a net margin of 9.78%. The firm's quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 earnings per share. View JetBlue Airways Corporation's Earnings History.

13 brokerages have issued 1-year target prices for JetBlue Airways Corporation's stock. Their forecasts range from $20.00 to $33.00. On average, they expect JetBlue Airways Corporation's share price to reach $25.70 in the next twelve months. View Analyst Ratings for JetBlue Airways Corporation.

Here are some recent quotes from research analysts about JetBlue Airways Corporation stock:

• 1. According to Zacks Investment Research, "Even though shares of JetBlue Airways have underperformed the Zacks categorized Transportation- Airline industry over the last three months, the company has its share of positives. In May 2017, the carrier issued a bullish view on unit revenues for the second and third quarters of 2017. The company expects RASM to grow in the band of 4–6% . The improved unit revenue scenario should aid second quarter results, scheduled for Jul 25. The positive sentiment regarding the stock can be gauged from the 2% increase in the Zacks Consensus Estimate for the second quarter to $0.51 per share over the last two months. JetBlue's efforts to expand its popular premium service (Mint) and reduce debt levels are also encouraging. The carrier's deal with Goldman Sachs for implementing an accelerated share buyback program is another positive. However, high costs are likely to continue hurting bottom-line growth." (7/12/2017)
• 2. Imperial Capital analysts commented, "We are maintaining our Outperform rating and our one-year price target of $29 on JBLU shares. We are lowering our EPS estimates on lower than expected 1Q17 unit revenues. Our price target is about 45% above the recent share price. We are lowering our 1Q17 EPS estimate to $0.26 from $0.34, our FY17 EPS estimate to $1.75 from $1.85, and our FY18 EPS estimate to $1.95 from $2.05. Our new FY17 estimate assumes capacity increases 6% versus 6.5% previously, RASM flat versus increasing 0.5% previously, CASM ex-fuel increasing 2.5% versus 2% previously, and jet fuel averaging $1.80 per gallon (unchanged)." (3/14/2017)

JetBlue Airways Corporation saw a decrease in short interest during the month of June. As of June 15th, there was short interest totalling 12,898,419 shares, a decrease of 7.5% from the May 31st total of 13,941,080 shares. Based on an average daily volume of 3,816,513 shares, the short-interest ratio is presently 3.4 days. Approximately 3.9% of the shares of the stock are short sold.

Some companies that are related to JetBlue Airways Corporation include Alaska Air Group (ALK), China Southern Airlines Company Limited (ZNH), LATAM Airlines Group S.A. (LTM), Copa Holdings, S.A. (CPA), easyJet plc (EZJ), Spirit Airlines (SAVE), Azul SA (AZUL), Hawaiian Holdings (HA), SkyWest (SKYW), Wizz Air Holdings PLC (WIZZ), Gol Linhas Aereas Inteligentes S.A. (GOL), Avianca Holdings S.A. (AVH), Dart Group PLC (DTG), Era Group (ERA), Flybe Group PLC (FLYB), Air Partner plc (AIP), Fastjet PLC (FJET) and Ryanair Holdings PLC (RYAAY).

JetBlue Airways Corporation's management team includes the folowing people:

• Joel C. Peterson, Independent Chairman of the Board
• Frank V. Sica, Independent Vice Chairman of the Board
• Stephen J. Priest, Chief Financial Officer, Executive Vice President
• James Gabriel Hnat II, Executive Vice President - Corporate Affairs, General Counsel, Secretary
• Marty St. George, Executive Vice President - Commercial & Planning
• Alexander Chatkewitz, Chief Accounting Officer, Vice President
• Robin Hayes, President, Chief Executive Officer, Director
• Peter Boneparth, Independent Director
• David W. Checketts, Independent Director
• Virginia Gambale, Independent Director

JetBlue Airways Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include First Quadrant L P CA (0.22%), Swarthmore Group Inc. (0.12%), Creative Planning (0.11%), Smith Graham & Co. Investment Advisors LP (0.10%), Grimes & Company Inc. (0.09%) and Highland Capital Management LLC (0.09%). Company insiders that own JetBlue Airways Corporation stock include George Martin J St, James G Hnat, Joel Clinton Peterson, Robin Hayes and Virginia Gambale. View Institutional Ownership Trends for JetBlue Airways Corporation.

JetBlue Airways Corporation's stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Sentinel Trust Co. LBA, Creative Planning, Koshinski Asset Management Inc., Municipal Employees Retirement System of Michigan, Wright Investors Service Inc., Grimes & Company Inc. and CrestPoint Capital Management LLC. Company insiders that have sold JetBlue Airways Corporation stock in the last year include George Martin J St, James G Hnat, Joel Clinton Peterson and Robin Hayes. View Insider Buying and Selling for JetBlue Airways Corporation.

JetBlue Airways Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Swarthmore Group Inc., Baldwin Brothers Inc. MA, Acadian Asset Management LLC, Russell Investments Group Ltd., Mitsubishi UFJ Asset Management UK Ltd., ING Groep NV, Great West Life Assurance Co. Can and Crow Point Partners LLC. View Insider Buying and Selling for JetBlue Airways Corporation.

Shares of JetBlue Airways Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of JetBlue Airways Corporation stock can currently be purchased for approximately $21.71.