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Spirit Airlines Stock Forecast, Price & News

+0.49 (+3.12 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $16.20
50-Day Range
MA: $17.60
52-Week Range
Now: $16.20
Volume5.29 million shs
Average Volume12.65 million shs
Market Capitalization$1.44 billion
P/E RatioN/A
Dividend YieldN/A
Spirit Airlines, Inc. provides low-fare airline services. The company operates approximately 600 daily flights to 77 destinations in the United States, the Caribbean, and Latin America. As of December 31, 2019, the company had a fleet of 145 Airbus single-aisle aircraft comprising 31 A319ceos, 64 A320ceos, 20 A320neos and 30 A321ceos. It offers tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars

Industry, Sector and Symbol

Industry Airlines
Current SymbolNASDAQ:SAVE



Sales & Book Value

Annual SalesN/A



Market Cap$1.44 billion
Next Earnings Date10/28/2020 (Estimated)
+0.49 (+3.12 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Spirit Airlines (NASDAQ:SAVE) Frequently Asked Questions

How has Spirit Airlines' stock been impacted by Coronavirus?

Spirit Airlines' stock was trading at $20.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SAVE stock has decreased by 22.6% and is now trading at $16.20.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Spirit Airlines?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 4 sell ratings, 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Spirit Airlines

When is Spirit Airlines' next earnings date?

Spirit Airlines is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Spirit Airlines

How were Spirit Airlines' earnings last quarter?

Spirit Airlines Incorporated (NASDAQ:SAVE) released its quarterly earnings results on Wednesday, July, 22nd. The transportation company reported ($3.59) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.70) by $0.89. The transportation company earned $138.53 million during the quarter, compared to analysts' expectations of $118.50 million.
View Spirit Airlines' earnings history

What price target have analysts set for SAVE?

17 brokerages have issued 1 year price objectives for Spirit Airlines' shares. Their forecasts range from $10.00 to $55.00. On average, they anticipate Spirit Airlines' share price to reach $25.56 in the next year. This suggests a possible upside of 57.8% from the stock's current price.
View analysts' price targets for Spirit Airlines

Who are some of Spirit Airlines' key competitors?

What other stocks do shareholders of Spirit Airlines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Airlines investors own include Delta Air Lines (DAL), American Airlines Group (AAL), Southwest Airlines (LUV), United Continental (UAL), Carnival (CCL), Boeing (BA), JetBlue Airways (JBLU), Walt Disney (DIS), Bank of America (BAC) and Alibaba Group (BABA).

Who are Spirit Airlines' key executives?

Spirit Airlines' management team includes the following people:
  • Mr. Edward M. Christie III, Pres, CEO & Director (Age 49, Pay $1.47M)
  • Mr. Scott M. Haralson, Sr. VP & CFO (Age 47, Pay $546.42k)
  • Mr. John Bendoraitis, Exec. VP & COO (Age 56, Pay $753.77k)
  • Mr. Thomas C. Canfield, Sr. VP, Gen. Counsel & Company Sec. (Age 64, Pay $608.93k)
  • Mr. Matthew H. Klein, Exec. VP & Chief Commercial Officer (Age 46, Pay $615.42k)

What is Spirit Airlines' stock symbol?

Spirit Airlines trades on the NASDAQ under the ticker symbol "SAVE."

Who are Spirit Airlines' major shareholders?

Spirit Airlines' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.70%), Letko Brosseau & Associates Inc. (1.22%), Par Capital Management Inc. (1.13%), Charles Schwab Investment Management Inc. (0.79%), Balyasny Asset Management LLC (0.57%) and Quaker Capital Investments LLC (0.53%). Company insiders that own Spirit Airlines stock include Brian J Mcmenamy, Christine P Richards, Edward M Christie III, H Mcintyre Gardner, John A Bendoraitis, Laurie Villa, Robert D Johnson, Rocky Wiggins and Thomas C Canfield.
View institutional ownership trends for Spirit Airlines

Which institutional investors are selling Spirit Airlines stock?

SAVE stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Par Capital Management Inc., Federated Hermes Inc., Sonic Fund II L.P., Quaker Capital Investments LLC, RBF Capital LLC, FIL Ltd, and Rockshelter Capital Management LLC. Company insiders that have sold Spirit Airlines company stock in the last year include Brian J Mcmenamy, and Robert D Johnson.
View insider buying and selling activity for Spirit Airlines

Which institutional investors are buying Spirit Airlines stock?

SAVE stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Balyasny Asset Management LLC, Teachers Retirement System of The State of Kentucky, Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Marshall Wace LLP, Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have bought Spirit Airlines stock in the last two years include Christine P Richards, Edward M Christie III, H Mcintyre Gardner, Rocky Wiggins, and Thomas C Canfield.
View insider buying and selling activity for Spirit Airlines

How do I buy shares of Spirit Airlines?

Shares of SAVE 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.

What is Spirit Airlines' stock price today?

One share of SAVE stock can currently be purchased for approximately $16.20.

How big of a company is Spirit Airlines?

Spirit Airlines has a market capitalization of $1.44 billion. Spirit Airlines employs 8,938 workers across the globe.

What is Spirit Airlines' official website?

The official website for Spirit Airlines is www.spirit.com.

How can I contact Spirit Airlines?

Spirit Airlines' mailing address is 2800 Executive Way, MIRAMAR, FL 33025, United States. The transportation company can be reached via phone at +1-954-4477920 or via email at [email protected]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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