NASDAQ:SKYW SkyWest Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SkyWest, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.15 -0.33 (-1.12 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$28.29Now: $29.15▼$29.8850-Day Range$28.56MA: $32.70▼$35.4652-Week Range$10.58Now: $29.15▼$66.52Volume439,510 shsAverage Volume631,500 shsMarket Capitalization$1.46 billionP/E Ratio8.83Dividend YieldN/ABeta1.84 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest's airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest employs nearly 17,000 employees.Read More Beat the Market (BTM) Rank™ 3.6 Analyst's Opinion Consensus RatingSkyWest has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.86, SkyWest has a forecasted upside of 91.6% from its current price of $29.15.Amount of Analyst CoverageSkyWest has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesSkyWest has received 428 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSkyWest has received 364 “underperform” votes. (Add your “underperform” vote.)Community SentimentSkyWest has received 54.04% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about SkyWest and other stocks. Vote “Outperform” if you believe SKYW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SKYW will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSkyWest does not currently pay a dividend.Dividend GrowthSkyWest does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SkyWest insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.70% of the stock of SkyWest is held by insiders.Percentage Held by Institutions89.28% of the stock of SkyWest is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for SkyWest are expected to grow by 2,137.50% in the coming year, from $0.16 to $3.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWest is 8.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.12.Price to Earnings Ratio vs. SectorThe P/E ratio of SkyWest is 8.83, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.69.Price to Book Value per Share RatioSkyWest has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.6Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.20 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:SKYW Previous Symbol CUSIP83087910 CIK793733 Webinc.skywest.com Phone435-634-3000Debt Debt-to-Equity Ratio1.24 Current Ratio0.96 Quick Ratio0.86Price-To-Earnings Trailing P/E Ratio8.83 Forward P/E Ratio182.19 P/E GrowthN/A Sales & Book Value Annual Sales$2.97 billion Price / Sales0.49 Cash Flow$11.48 per share Price / Cash Flow2.54 Book Value$43.14 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$6.25 Net Income$340.10 million Net Margins6.51% Return on Equity7.82% Return on Assets2.52%Miscellaneous Employees13,700 Outstanding Shares50,181,000Market Cap$1.46 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $29.15 -0.33 (-1.12 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SKYW News and Ratings via Email Sign-up to receive the latest news and ratings for SKYW and its competitors with MarketBeat's FREE daily newsletter. SkyWest (NASDAQ:SKYW) Frequently Asked Questions How has SkyWest's stock been impacted by Coronavirus (COVID-19)? SkyWest's stock was trading at $35.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SKYW shares have decreased by 18.4% and is now trading at $29.15. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of SkyWest? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SkyWest. When is SkyWest's next earnings date? SkyWest is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for SkyWest. How were SkyWest's earnings last quarter? SkyWest, Inc. (NASDAQ:SKYW) announced its earnings results on Thursday, July, 30th. The transportation company reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.49. The transportation company earned $350.04 million during the quarter, compared to analysts' expectations of $352.43 million. SkyWest had a return on equity of 7.82% and a net margin of 6.51%. View SkyWest's earnings history. How often does SkyWest pay dividends? What is the dividend yield for SkyWest? SkyWest declared a quarterly dividend on Tuesday, February 4th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.14 per share on Monday, April 6th. This represents a $0.56 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from SkyWest's previous quarterly dividend of $0.12. View SkyWest's dividend history. What price target have analysts set for SKYW? 8 brokers have issued twelve-month price targets for SkyWest's stock. Their forecasts range from $40.00 to $75.00. On average, they anticipate SkyWest's share price to reach $55.86 in the next year. This suggests a possible upside of 91.6% from the stock's current price. View analysts' price targets for SkyWest. Are investors shorting SkyWest? SkyWest saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,620,000 shares, an increase of 15.7% from the July 30th total of 1,400,000 shares. Based on an average daily trading volume, of 602,300 shares, the days-to-cover ratio is presently 2.7 days. Approximately 3.3% of the company's shares are sold short. View SkyWest's Short Interest. Who are some of SkyWest's key competitors? Some companies that are related to SkyWest include Southwest Airlines (LUV), Delta Air Lines (DAL), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors. What other stocks do shareholders of SkyWest own? Based on aggregate information from My MarketBeat watchlists, some companies that other SkyWest investors own include Hawkins (HWKN), Delta Air Lines (DAL), United Continental (UAL), Southwest Airlines (LUV), Micron Technology (MU), American Airlines Group (AAL), CA (CA), Tesla (TSLA), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM). Who are SkyWest's key executives? SkyWest's management team includes the following people: Jerry C. Atkin, Chairman of the Board (Age 68)Russell A. Childs, President, Chief Executive Officer, Director (Age 49)Robert J. Simmons, Chief Financial Officer (Age 54)Terry M. Vais, Chief Operating Officer of ExpressJet Airlines, Inc. (Age 49)Michael B. Thompson, Chief Operating Officer (Age 41)Eric J. Woodward, Chief Accounting Officer (Age 45)Wade J. Steel, Chief Commercial Officer (Age 41)Steven F. Udvar-Hazy, Lead Independent Director (Age 71)W. Steve Albrecht, Independent Director (Age 70)Henry J. Eyring, Independent Director (Age 53) What is SkyWest's stock symbol? SkyWest trades on the NASDAQ under the ticker symbol "SKYW." Who are SkyWest's major shareholders? SkyWest's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.62%), Bank of New York Mellon Corp (4.29%), U S Global Investors Inc. (2.81%), Goldman Sachs Group Inc. (2.22%), LSV Asset Management (2.05%) and Macquarie Group Ltd. (1.74%). Company insiders that own SkyWest stock include Jerry C Atkin, Michael B Thompson, Robert J Simmons, Russell A Childs, W Steve Albrecht and Wade J Steel. View institutional ownership trends for SkyWest. Which major investors are selling SkyWest stock? SKYW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., Vanguard Group Inc., Par Capital Management Inc., Bank of America Corp DE, Phocas Financial Corp., Goldman Sachs Group Inc., and WINTON GROUP Ltd. View insider buying and selling activity for SkyWest. Which major investors are buying SkyWest stock? SKYW stock was bought by a variety of institutional investors in the last quarter, including U S Global Investors Inc., Prudential Financial Inc., Copper Rock Capital Partners LLC, Copper Rock Capital Partners LLC, Man Group plc, Bank of New York Mellon Corp, Raymond James Financial Services Advisors Inc., and Charles Schwab Investment Management Inc.. Company insiders that have bought SkyWest stock in the last two years include Jerry C Atkin, Robert J Simmons, and W Steve Albrecht. View insider buying and selling activity for SkyWest. How do I buy shares of SkyWest? Shares of SKYW 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 SkyWest's stock price today? One share of SKYW stock can currently be purchased for approximately $29.15. How big of a company is SkyWest? SkyWest has a market capitalization of $1.46 billion and generates $2.97 billion in revenue each year. The transportation company earns $340.10 million in net income (profit) each year or $6.25 on an earnings per share basis. SkyWest employs 13,700 workers across the globe. What is SkyWest's official website? The official website for SkyWest is inc.skywest.com. How can I contact SkyWest? SkyWest's mailing address is 444 South River Road, St. George UT, 84790. The transportation company can be reached via phone at 435-634-3000 or via email at [email protected] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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