NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis $2.50 -0.03 (-1.19%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Spirit Airlines alerts: Email Address About Spirit Airlines Stock (NYSE:SAVE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Spirit Airlines alerts:Sign Up Key Stats Today's Range$2.46▼$2.5350-Day Range$2.46▼$3.1952-Week Range$2.38▼$17.49Volume4.81 million shsAverage Volume9.32 million shsMarket Capitalization$273.80 millionP/E RatioN/ADividend YieldN/APrice Target$2.61Consensus RatingStrong Sell Company OverviewSpirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.Read More… “Buffett Indicator” Predicts 62% Stock Market Crash (Ad)The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Take these 4 steps to protect your retirement here >>> Spirit Airlines Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 24th PercentileSpirit Airlines scored higher than 24% of companies evaluated by MarketBeat, and ranked 115th out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.6 / 5Analyst RatingStrong Sell Consensus RatingSpirit Airlines has received a consensus rating of Strong Sell. The company's average rating score is 1.22, and is based on no buy ratings, 2 hold ratings, and 7 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Spirit Airlines' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($7.12) to ($4.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Airlines is -0.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpirit Airlines has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Spirit Airlines' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted29.32% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Spirit Airlines has recently decreased by 8.64%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted29.32% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Spirit Airlines has recently decreased by 8.64%, indicating that investor sentiment is improving significantly. News and Social Media1.8 / 5News Sentiment0.22 News SentimentSpirit Airlines has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Spirit Airlines this week, compared to 18 articles on an average week.Search Interest14 people have searched for SAVE on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.72% of the stock of Spirit Airlines is held by insiders.Percentage Held by Institutions58.73% of the stock of Spirit Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Spirit Airlines' insider trading history. Receive SAVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. Email Address SAVE Stock News HeadlinesSpirit Airlines’ Fall Sale Is Here — and You Can Fly Cross-country for as Low as $40September 20 at 12:13 PM | msn.comBarclays analysts sound alarm about big Spirit Airlines problemSeptember 18 at 12:10 PM | msn.comAI expert reveals new Nvidia predictionEveryone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right nowSeptember 20, 2024 | Brownstone Research (Ad)Alaska Airlines has officially acquired Hawaiian in the biggest industry merger in almost a decadeSeptember 18 at 10:31 AM | msn.comSpirit Airlines Inc. stock underperforms Tuesday when compared to competitors despite daily gainsSeptember 17 at 7:57 PM | marketwatch.comBarclays Keeps Their Sell Rating on Spirit Airlines (SAVE)September 17 at 2:17 PM | markets.businessinsider.comSmaller Spirit network could be solution to cash burn, Barclays saysSeptember 17 at 9:17 AM | finance.yahoo.comSpirit Airlines Inc. stock remains steady Monday, still outperforms marketSeptember 16, 2024 | marketwatch.comSee More Headlines SAVE Stock Analysis - Frequently Asked Questions How have SAVE shares performed this year? Spirit Airlines' stock was trading at $16.39 at the beginning of 2024. Since then, SAVE shares have decreased by 84.7% and is now trading at $2.50. View the best growth stocks for 2024 here. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) issued its quarterly earnings results on Thursday, August, 1st. The company reported ($1.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.30) by $0.14. The firm's revenue for the quarter was down 10.6% on a year-over-year basis. Who are Spirit Airlines' major shareholders? Spirit Airlines' top institutional investors include III Capital Management, Dimensional Fund Advisors LP (1.14%), Bank of New York Mellon Corp (0.99%) and Murchinson Ltd.. View institutional ownership trends. How do I buy shares of Spirit Airlines? Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings8/01/2024Today9/20/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryTransportation Current SymbolNYSE:SAVE CUSIPN/A CIK1498710 Webwww.spirit.com Phone(954) 447-7920Fax954-447-7979Employees13,167Year FoundedN/APrice Target and Rating Average Stock Price Target$2.61 High Stock Price Target$3.50 Low Stock Price Target$2.00 Potential Upside/Downside+5.6%Consensus RatingStrong Sell Rating Score (0-4)1.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($4.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-13.20% Pretax Margin-15.19% Return on Equity-57.87% Return on Assets-6.51% Debt Debt-to-Equity Ratio3.86 Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$5.36 billion Price / Sales0.05 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.24Miscellaneous Outstanding Shares109,520,000Free Float108,713,000Market Cap$270.51 million OptionableOptionable Beta1.39 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report This page (NYSE:SAVE) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredTrump’s “Tax Free” Retirement StrategySince 1924 — over one hundred years — the US dollar has lost nearly 18x its value. If you're planning on re...Gold Safe Exchange | SponsoredThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... There's one thin...Investors Alley | SponsoredAre You Ready for a Small-Cap Rally?Jeff Bezos has just made a bold move into Quantum Computing as a Service (QaaS), a technology set to disrupt i...InvestorPlace | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. 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