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NASDAQ:SAVESpirit Airlines Stock Price, Forecast & News

+1.60 (+7.61 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: $22.62
50-Day Range
MA: $12.01
52-Week Range
Now: $22.62
Volume76.65 million shs
Average Volume10.45 million shs
Market Capitalization$1.55 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: 4.1Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.06 out of 5 stars

Industry, Sector and Symbol

Industry Airlines
Current SymbolNASDAQ:SAVE



Sales & Book Value

Annual SalesN/A



Market Cap$1.55 billion
Next Earnings Date7/22/2020 (Estimated)

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Spirit Airlines (NASDAQ:SAVE) Frequently Asked Questions

How has Spirit Airlines' stock been impacted by COVID-19 (Coronavirus)?

Spirit Airlines' stock was trading at $20.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SAVE shares have increased by 8.1% and is now trading at $22.62. View which stocks have been most impacted by Coronavirus.

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 3 sell ratings, 8 hold ratings and 7 buy ratings 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, July 22nd 2020. View our earnings forecast for Spirit Airlines.

How were Spirit Airlines' earnings last quarter?

Spirit Airlines Incorporated (NASDAQ:SAVE) posted its quarterly earnings results on Wednesday, May, 6th. The transportation company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.60) by $0.26. The transportation company had revenue of $771.10 million for the quarter, compared to analysts' expectations of $825.68 million. The firm's revenue was down 9.9% on a year-over-year basis. During the same period last year, the business earned $0.84 earnings per share. View Spirit Airlines' earnings history.

What price target have analysts set for SAVE?

18 brokers have issued twelve-month price targets for Spirit Airlines' shares. Their forecasts range from $10.00 to $64.00. On average, they anticipate Spirit Airlines' stock price to reach $33.00 in the next year. This suggests a possible upside of 45.9% from the stock's current price. View analysts' price targets for Spirit Airlines.

Has Spirit Airlines been receiving favorable news coverage?

News coverage about SAVE stock has trended very negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Spirit Airlines earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave media headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutSpirit 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), Alibaba Group (BABA), United Continental (UAL), Netflix (NFLX), Walt Disney (DIS), Boeing (BA), Micron Technology (MU) and NVIDIA (NVDA).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.24%), Mackenzie Financial Corp (4.39%), Nuveen Asset Management LLC (2.95%), Par Capital Management Inc. (2.39%), Franklin Resources Inc. (2.16%) and State Street Corp (2.01%). 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 major investors are selling Spirit Airlines stock?

SAVE stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Wells Fargo & Company MN, UBS Group AG, BlackRock Inc., Rockshelter Capital Management LLC, Mutual of America Capital Management LLC, Russell Investments Group Ltd., and Weiss Multi Strategy Advisers 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 major investors are buying Spirit Airlines stock?

SAVE stock was acquired by a variety of institutional investors in the last quarter, including Par Capital Management Inc., U S Global Investors Inc., Franklin Resources Inc., Nuveen Asset Management LLC, Mackenzie Financial Corp, Federated Hermes Inc., Assenagon Asset Management S.A., and Deutsche Bank AG. 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 $22.62.

How big of a company is Spirit Airlines?

Spirit Airlines has a market capitalization of $1.55 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 6/6/2020 by MarketBeat.com Staff

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