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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Air transportation, scheduled
Sub-IndustryAirlines
SectorTransportation
SymbolNASDAQ:SKYW
CUSIP83087910
Phone435-634-3000
Debt
Debt-to-Equity Ratio1.37
Current Ratio1.14
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio16.30
Forward P/E Ratio11.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.20 billion
Price / Sales0.90
Cash Flow$9.1051 per share
Price / Cash6.09
Book Value$33.84 per share
Price / Book1.64
Profitability
EPS (Most Recent Fiscal Year)$3.43
Net Income$428.90 million
Net Margins13.92%
Return on Equity12.52%
Return on Assets3.70%
Miscellaneous
Employees16,300
Outstanding Shares52,050,000
Market Cap$2,901.55
SkyWest (NASDAQ:SKYW) Frequently Asked Questions
What is SkyWest's stock symbol?
SkyWest trades on the NASDAQ under the ticker symbol "SKYW."
How often does SkyWest pay dividends? What is the dividend yield for SkyWest?
SkyWest announced a quarterly dividend on Wednesday, May 9th. Investors of record on Friday, June 29th will be paid a dividend of $0.10 per share on Thursday, July 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, June 28th. View SkyWest's Dividend History.
How will SkyWest's stock buyback program work?
SkyWest announced that its Board of Directors has initiated a stock buyback plan on Friday, April 7th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were SkyWest's earnings last quarter?
SkyWest, Inc. (NASDAQ:SKYW) issued its quarterly earnings results on Thursday, April, 26th. The transportation company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.17. The transportation company earned $783.40 million during the quarter, compared to the consensus estimate of $767.41 million. SkyWest had a net margin of 13.92% and a return on equity of 12.52%. SkyWest's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 EPS. View SkyWest's Earnings History.
When is SkyWest's next earnings date?
What price target have analysts set for SKYW?
3 brokerages have issued 1 year price objectives for SkyWest's stock. Their forecasts range from $55.00 to $65.00. On average, they expect SkyWest's stock price to reach $60.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Ratings for SkyWest.
What is the consensus analysts' recommendation for SkyWest?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are some of SkyWest's key competitors?
Some companies that are related to SkyWest include China Eastern Airlines Corp. Ltd. ADR Class H (CEA), easyJet (EJTTF), Alaska Air Group (ALK), Intl Cons Airl/S (ICAGY), China Southern Airlines (ZNH), LATAM Airlines Group (LTM), JetBlue Airways (JBLU), CATHAY Pac AIRW/S (CPCAY), Azul (AZUL), Copa (CPA), Air France-KLM (AFLYY), Allegiant Travel (ALGT), Hawaiian (HA), Gol Linhas Aereas Inteligentes (GOL) and Avianca (AVH).
Who are SkyWest's key executives?
SkyWest's management team includes the folowing 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)
Has SkyWest been receiving favorable news coverage?
Media headlines about SKYW stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SkyWest earned a media sentiment score of 0.10 on Accern's scale. They also gave media headlines about the transportation company an impact score of 44.60 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are SkyWest's major shareholders?
SkyWest's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.73%), James Investment Research Inc. (0.23%), Nisa Investment Advisors LLC (0.07%), Capital One National Association (0.02%) and Bank of Montreal Can (0.02%). Company insiders that own SkyWest stock include Eric Woodward, Henry J Eyring, Jerry C Atkin, Michael B Thompson, Robert J Simmons, Russell A Childs, Terry Vais and Wade J Steel. View Institutional Ownership Trends for SkyWest.
Which institutional investors are buying SkyWest stock?
SKYW stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, James Investment Research Inc., Nisa Investment Advisors LLC, Bank of Montreal Can and Capital One National Association. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is SkyWest's stock price today?
One share of SKYW stock can currently be purchased for approximately $55.65.
How big of a company is SkyWest?
SkyWest has a market capitalization of $2.90 billion and generates $3.20 billion in revenue each year. The transportation company earns $428.90 million in net income (profit) each year or $3.43 on an earnings per share basis. SkyWest employs 16,300 workers across the globe.
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]
MarketBeat Community Rating for SkyWest (NASDAQ SKYW)
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.
