NASDAQ:SAVE - Spirit Airlines Stock Price, News & Analysis

$37.73
-1.07 (-2.76 %)
(As of 08/25/2019 05:09 AM ET)
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Today's Range
$37.6101
Now: $37.73
$39.23
50-Day Range
$37.37
MA: $44.88
$54.65
52-Week Range
$37.11
Now: $37.73
$65.35
Volume591,939 shs
Average Volume1.14 million shs
Market Capitalization$2.58 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Spirit Airlines, Inc is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, its all-Airbus Fit Fleet operated over 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. As of December 31, 2016, it had a fleet of 95 Airbus single-aisle aircraft, which are referred to as A320 family aircraft and include the A319, A320 and A321 models, which have common design and equipment but differ most notably in fuselage length, service range and seat capacity. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryAirlines
SectorN/A
Current SymbolNASDAQ:SAVE
CUSIP84857710
Phone+1-954-4477920

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$2.58 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Spirit Airlines (NASDAQ:SAVE) Frequently Asked Questions

What is Spirit Airlines' stock symbol?

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

How will Spirit Airlines' stock buyback program work?

Spirit Airlines announced that its board has initiated a share repurchase plan on Thursday, October 26th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were Spirit Airlines' earnings last quarter?

Spirit Airlines Incorporated (NASDAQ:SAVE) announced its quarterly earnings data on Wednesday, July, 24th. The transportation company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.64 by $0.05. The transportation company earned $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. The company's quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.11 earnings per share. View Spirit Airlines' Earnings History.

When is Spirit Airlines' next earnings date?

Spirit Airlines is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Spirit Airlines.

What price target have analysts set for SAVE?

16 analysts have issued 1 year price objectives for Spirit Airlines' stock. Their forecasts range from $41.00 to $78.00. On average, they expect Spirit Airlines' share price to reach $61.0714 in the next twelve months. This suggests a possible upside of 61.9% from the stock's current price. View Analyst Price Targets for Spirit Airlines.

What is the consensus analysts' recommendation for Spirit Airlines?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Airlines.

Has Spirit Airlines been receiving favorable news coverage?

News coverage about SAVE stock has trended positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news 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 news impact score of 2.5 on InfoTrie's scale. They also gave news coverage about the transportation company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Spirit Airlines.

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 Netflix (NFLX), Delta Air Lines (DAL), Alibaba Group (BABA), Southwest Airlines (LUV), Micron Technology (MU), Gilead Sciences (GILD), Celgene (CELG), Starbucks (SBUX), Broadcom (AVGO) and American Airlines Group (AAL).

Who are Spirit Airlines' key executives?

Spirit Airlines' management team includes the folowing people:
  • H. McIntyre Gardner, Independent Chairman of the Board (Age 55)
  • Edward M. Christie III, President, Director (Age 46)
  • Robert L. Fornaro, Chief Executive Officer, Director (Age 64)
  • John Bendoraitis, Chief Operating Officer, Senior Vice President (Age 53)
  • Martha Laurie Villa, Chief Human Resource Officer, Vice President (Age 56)
  • Rocky B. Wiggins, Senior Vice President, Chief Information Officer (Age 58)
  • Thomas C. Canfield, Senior Vice President, General Counsel, Secretary (Age 61)
  • Matthew H. Klein, Senior Vice President, Chief Commercial Officer (Age 43)
  • Brian McMenamy CPA, Principal Accounting Officer, Vice President, Controller
  • Scott M. Haralson, Vice President - Financial Planning and Analysis (Age 44)

Who are Spirit Airlines' major shareholders?

Spirit Airlines' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.10%), BlackRock Inc. (6.97%), BlackRock Inc. (6.97%), Invesco Ltd. (4.58%), Mackenzie Financial Corp (3.70%) and Nuveen Asset Management LLC (2.56%). Company insiders that own Spirit Airlines stock include Edward M Christie III, H Mcintyre Gardner, John A Bendoraitis, Laurie Villa, Robert D Johnson and Rocky Wiggins. 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 Renaissance Technologies LLC, Jennison Associates LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Morgan Stanley, Victory Capital Management Inc., Bank of America Corp DE and Robeco Institutional Asset Management B.V.. Company insiders that have sold Spirit Airlines company stock in the last year include John A Bendoraitis, Laurie Villa, Robert D Johnson and Rocky Wiggins. View Insider Buying and Selling 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 Invesco Ltd., Nuveen Asset Management LLC, Scout Investments Inc., Letko Brosseau & Associates Inc., Mackenzie Financial Corp, Carillon Tower Advisers Inc., Northern Trust Corp and Anchor Bolt Capital LP. Company insiders that have bought Spirit Airlines stock in the last two years include Edward M Christie III, H Mcintyre Gardner and Rocky Wiggins. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Spirit Airlines' stock price today?

One share of SAVE stock can currently be purchased for approximately $37.73.

How big of a company is Spirit Airlines?

Spirit Airlines has a market capitalization of $2.58 billion. View Additional Information About Spirit Airlines.

What is Spirit Airlines' official website?

The official website for Spirit Airlines is http://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]


MarketBeat Community Rating for Spirit Airlines (NASDAQ SAVE)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  815 (Vote Outperform)
Underperform Votes:  446 (Vote Underperform)
Total Votes:  1,261
MarketBeat's community ratings are surveys of what our community members think about Spirit Airlines and other stocks. Vote "Outperform" if you believe SAVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SAVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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