SkyWest - SKYW Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" SKYW shares.
View SKYW analyst ratings or view top-rated stocks.

3 analysts have issued 12 month price targets for SkyWest's stock. Their SKYW share price forecasts range from $15.00 to $25.00. On average, they expect the company's stock price to reach $20.75 in the next year. This suggests that the stock has a possible downside of 6.4%.
View analysts price targets for SKYW or view top-rated stocks among Wall Street analysts.

SkyWest's stock was trading at $16.51 on January 1st, 2023. Since then, SKYW shares have increased by 34.3% and is now trading at $22.17.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our SKYW earnings forecast.

SkyWest, Inc. (NASDAQ:SKYW) announced its quarterly earnings data on Thursday, February, 2nd. The transportation company reported ($0.93) EPS for the quarter, missing the consensus estimate of $0.08 by $1.01. The transportation company earned $681.30 million during the quarter, compared to analyst estimates of $753.96 million. SkyWest had a trailing twelve-month return on equity of 5.12% and a net margin of 2.43%. SkyWest's revenue was down 12.3% on a year-over-year basis. During the same period last year, the firm posted $0.09 EPS.

ETFs with the largest weight of SkyWest (NASDAQ:SKYW) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap 600 Pure Value ETF (RZV), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Small Cap Core AlphaDEX Fund (FYX), VictoryShares US Small Mid Cap Value Momentum ETF (USVM), Defiance Hotel, Airline, and Cruise ETF (CRUZ) and Syntax Stratified SmallCap ETF (SSLY).

SkyWest (NASDAQ:SKYW) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 38.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKYW will have a dividend payout ratio of 28.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SKYW.

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 trades on the NASDAQ under the ticker symbol "SKYW."

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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One share of SKYW stock can currently be purchased for approximately $22.17.

SkyWest (NASDAQ:SKYW) has a market capitalization of $1.08 billion and generates $3.00 billion in revenue each year. The transportation company earns $72.95 million in net income (profit) each year or $1.45 on an earnings per share basis.

The company employs 13,582 workers across the globe.

SkyWest's mailing address is 444 South River Road, St. George UT, 84790. The official website for the company is inc.skywest.com. The transportation company can be reached via phone at 435-634-3000, via email at investor.relations@skywest.com, or via fax at 435-634-3105.