NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis → The #1 Crypto for AI (From Weiss Ratings) (Ad) Free SAVE Stock Alerts $3.70 +0.02 (+0.54%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$3.66▼$3.8650-Day Range$3.43▼$6.4952-Week Range$3.41▼$19.69Volume6.26 million shsAverage Volume5.64 million shsMarket Capitalization$405.70 millionP/E RatioN/ADividend YieldN/APrice Target$4.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Spirit Airlines alerts: Email Address Spirit Airlines MarketRank™ Stock AnalysisAnalyst RatingStrong Sell1.43 Rating ScoreUpside/Downside32.4% Upside$4.91 Price TargetShort InterestBearish25.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.79) to ($1.45) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.02 out of 5 starsTransportation Sector499th out of 678 stocksAir Transportation, Scheduled Industry73rd out of 102 stocks 3.7 Analyst's Opinion Consensus RatingSpirit Airlines has received a consensus rating of Strong Sell. The company's average rating score is 1.43, and is based on no buy ratings, 3 hold ratings, and 4 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted25.44% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Airlines has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAVE. Previous Next 1.3 News and Social Media Coverage News SentimentSpirit Airlines has a news sentiment score of 0.39. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Spirit Airlines this week, compared to 19 articles on an average week.Search InterestOnly 23 people have searched for SAVE on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 21 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($2.79) to ($1.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.91, 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 -0.91, 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 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”Learn more about it by watching THIS NOW. About Spirit Airlines Stock (NYSE:SAVE)Spirit 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 SAVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAVE Stock News HeadlinesApril 8, 2024 | marketbeat.comTaiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fallMay 2, 2024 | msn.comWhistleblower for Boeing contractor Spirit AeroSystems diesMay 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...May 1, 2024 | yahoo.comSpirit Airlines to start non-stop flights from Milwaukee to Dallas this summerMay 1, 2024 | msn.comIs Spirit Airlines the cheapest and safest? 5 things to know about the Florida airlineMay 1, 2024 | msn.comSpirit Airlines to offer seasonal nonstop flights between Memphis and Dallas beginning in JulyMay 1, 2024 | msn.comThis airline that flies at Logan was named safest, most affordable on best airlines list.April 30, 2024 | dallasnews.comDiscount carrier Spirit Airlines adds five nonstop routes out of DFW AirportMay 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...April 30, 2024 | msn.comSpirit Airlines adds 5 new nonstop flights from DFW AirportApril 30, 2024 | msn.comUnited Airlines Just Announced a Simple Change, and I Think Middle-Seat Passengers Will Be Very HappyApril 30, 2024 | finance.yahoo.comSpirit Airlines Recognized for Safety and Affordability by WalletHubApril 30, 2024 | prnewswire.comSpirit Airlines Recognized for Safety and Affordability by WalletHubApril 30, 2024 | investorplace.comAnalysts Are Sounding the Alarm Bells on These 7 Stocks: April 2024April 29, 2024 | msn.comAn airline based in Florida was named safest, most affordable on best airlines listApril 29, 2024 | americanbankingnews.comSpirit Airlines (SAVE) to Release Earnings on MondayApril 29, 2024 | msn.com10 Things Boomers Used To Do To Save Money That Younger Generations IgnoreApril 26, 2024 | msn.comEww: 'Mystery liquid' leaks from the bathroom, down the aisle on Spirit Airlines flightApril 26, 2024 | americanbankingnews.comSpirit Airlines, Inc. (NYSE:SAVE) Receives Average Recommendation of "Strong Sell" from AnalystsApril 25, 2024 | msn.comSpirit Airlines flight video shows unidentified liquid flowing down aisleApril 25, 2024 | msn.comMid-flight incident: Mysterious liquid leaks from Spirit Airlines bathroom, passengers shockedApril 25, 2024 | msn.comMid-flight incident: Mysterious liquid leaks from Spirit Airlines bathroom, passengers shockedApril 24, 2024 | msn.comMysterious liquid trickle from plane bathroom, horrifying Spirit Airlines passengersApril 24, 2024 | msn.comMysterious liquid leaks down aisle from bathroom on Spirit flight traveling to NJApril 24, 2024 | msn.comMysterious liquid leaks down aisle from bathroom on Spirit flight traveling to NJApril 23, 2024 | bizjournals.comFrontier Airlines adds to CLT pipeline with launch of Miami flight this summerApril 23, 2024 | businesswire.comSpirit Airlines Optimizes Baggage Operations and Reduces Costs with TA RampSee More Headlines 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 Company Calendar Last Earnings2/08/2024Ex-Dividend for 2/29 Dividend2/22/2024Dividend Payable2/29/2024Today5/03/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryN/A 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$4.91 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside+32.4%Consensus RatingStrong Sell Rating Score (0-4)1.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($4.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-8.34% Pretax Margin-10.42% Return on Equity-26.38% Return on Assets-3.80% Debt Debt-to-Equity Ratio2.69 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$5.36 billion Price / Sales0.08 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.36Miscellaneous Outstanding Shares109,500,000Free Float108,899,000Market Cap$405.70 million OptionableOptionable Beta1.41 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Edward M. Christie III (Age 53)President, CEO & Director Comp: $1.85MMr. Scott M. Haralson (Age 51)Executive VP & CFO Comp: $841.27kMr. John Bendoraitis (Age 60)Executive VP & COO Comp: $964.05kMs. Melinda C. Grindle (Age 50)Senior VP & Chief Human Resources Officer Comp: $657.28kMr. Matthew H. Klein (Age 50)Executive VP & Chief Commercial Officer Comp: $879.3kMr. Rocky B. Wiggins (Age 65)Senior VP & Chief Information Officer Comp: $798.12kDeAnne GabelSenior Director of Investor RelationsMr. Thomas C. Canfield (Age 68)Senior VP, General Counsel & Company Secretary Comp: $701.45kMr. Brian J. McMenamy (Age 65)VP & Controller Simon GoreTreasurerMore ExecutivesKey CompetitorsHawaiianNASDAQ:HASun Country AirlinesNASDAQ:SNCYAllegiant TravelNASDAQ:ALGTFrontier GroupNASDAQ:ULCCP.A.M. Transportation ServicesNASDAQ:PTSIView All CompetitorsInstitutional OwnershipHigh Note Wealth LLCBought 15,028 shares on 5/2/2024Ownership: 0.014%BNP Paribas Financial MarketsBought 704,134 shares on 5/1/2024Ownership: 0.670%Capital Performance Advisors LLPBought 30,522 shares on 4/27/2024Ownership: 0.028%Equitec Proprietary Markets LLCSold 15,000 shares on 4/26/2024Ownership: 0.000%First Bank & TrustBought 14,544 shares on 4/17/2024Ownership: 0.013%View All Institutional Transactions SAVE Stock Analysis - Frequently Asked Questions Should I buy or sell Spirit Airlines stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last twelve months. There are currently 4 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" SAVE shares. View SAVE analyst ratings or view top-rated stocks. What is Spirit Airlines' stock price target for 2024? 7 Wall Street research analysts have issued 12-month price targets for Spirit Airlines' shares. Their SAVE share price targets range from $3.50 to $10.00. On average, they predict the company's share price to reach $4.91 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price. View analysts price targets for SAVE or view top-rated stocks among Wall Street analysts. How have SAVE shares performed in 2024? Spirit Airlines' stock was trading at $16.39 at the beginning of the year. Since then, SAVE shares have decreased by 77.4% and is now trading at $3.7050. View the best growth stocks for 2024 here. When is Spirit Airlines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our SAVE earnings forecast. How can I listen to Spirit Airlines' earnings call? Spirit Airlines will be holding an earnings conference call on Monday, May 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) announced its quarterly earnings data on Thursday, February, 8th. The company reported ($1.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.42) by $0.06. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.32 billion. Spirit Airlines had a negative net margin of 8.34% and a negative trailing twelve-month return on equity of 26.38%. The company's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 earnings per share. How often does Spirit Airlines pay dividends? What is the dividend yield for Spirit Airlines? Spirit Airlines declared a dividend on Tuesday, February 13th. Investors of record on Friday, February 23rd will be given a dividend of $0.10 per share on Thursday, February 29th. The ex-dividend date is Thursday, February 22nd. Read our dividend analysis for SAVE. What ETFs hold Spirit Airlines' stock? ETFs with the largest weight of Spirit Airlines (NYSE:SAVE) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). What guidance has Spirit Airlines issued on next quarter's earnings? Spirit Airlines updated its first quarter 2024 earnings guidance on Monday, April, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. What is Ted Christie's approval rating as Spirit Airlines' CEO? 78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Spirit Airlines' major shareholders? Spirit Airlines' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BNP Paribas Financial Markets (0.67%), Capital Performance Advisors LLP (0.03%), Counterpoint Mutual Funds LLC (0.03%), High Note Wealth LLC (0.01%), First Bank & Trust (0.01%) and Concourse Financial Group Securities Inc. (0.00%). 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. This page (NYSE:SAVE) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchCould Your Accounts Be Frozen?Allegiance GoldFW: 234x GainWeiss RatingsThe Gold Grab of the CenturyColonial MetalsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Spirit Airlines, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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