SkyWest Stock Price, News & Analysis (NASDAQ:SKYW)

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SKYW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKYW, but not buy additional shares or sell existing shares.
View SKYW analyst ratings or view top-rated stocks.

4 brokers have issued 1-year price targets for SkyWest's shares. Their SKYW share price targets range from $15.00 to $55.00. On average, they expect the company's stock price to reach $40.25 in the next twelve months. This suggests that the stock has a possible downside of 17.3%.
View analysts price targets for SKYW or view top-rated stocks among Wall Street analysts.

SkyWest's stock was trading at $16.51 at the beginning of 2023. Since then, SKYW stock has increased by 194.7% and is now trading at $48.65.
View the best growth stocks for 2023 here.

SkyWest saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,360,000 shares, an increase of 16.8% from the October 31st total of 2,020,000 shares. Based on an average trading volume of 409,100 shares, the short-interest ratio is presently 5.8 days. Approximately 5.9% of the company's shares are short sold.
View SkyWest's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our SKYW earnings forecast.

SkyWest, Inc. (NASDAQ:SKYW) posted its quarterly earnings data on Thursday, October, 26th. The transportation company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.15. The transportation company earned $766.20 million during the quarter, compared to analysts' expectations of $756.27 million. SkyWest had a positive trailing twelve-month return on equity of 0.75% and a negative net margin of 1.06%. The business's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 EPS.

SkyWest (NASDAQ:SKYW) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for SKYW.

ETFs with the largest weight of SkyWest (NASDAQ:SKYW) stock in their portfolio include U.S. Global Jets ETF (JETS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), SPDR S&P Transportation ETF (XTN), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Industrials ETF (PSCI), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and iShares US Small Cap Value Factor ETF (SVAL).

290 employees have rated SkyWest Chief Executive Officer Chip Childs on Glassdoor.com. Chip Childs has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other SkyWest investors own include Hawkins (HWKN), Delta Air Lines (DAL), Southwest Airlines (LUV), United Airlines (UAL), Micron Technology (MU), CA (CA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Bank of America (BAC) and Johnson & Johnson (JNJ).

SkyWest's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (2.73%), U S Global Investors Inc. (2.49%), Invesco Ltd. (2.26%), American Century Companies Inc. (1.76%), JPMorgan Chase & Co. (1.44%) and Morgan Stanley (1.41%). Insiders that own company stock include Eric Woodward, Henry J Eyring, James L Welch, Jerry C Atkin, Robert J Simmons, Russell A Childs and Wade J Steel.
View institutional ownership trends.

Shares of SKYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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