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
Current SymbolNASDAQ:SKYW
Previous Symbol
CUSIP83087910
Phone435-634-3000
Debt
Debt-to-Equity Ratio1.43
Current Ratio1.15
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio14.24
Forward P/E Ratio9.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.20 billion
Price / Sales0.79
Cash Flow$8.9816 per share
Price / Cash Flow5.44
Book Value$33.84 per share
Price / Book1.44
Profitability
EPS (Most Recent Fiscal Year)$3.43
Net Income$428.90 million
Net Margins15.65%
Return on Equity13.99%
Return on Assets4.43%
Miscellaneous
Employees16,300
Outstanding Shares51,900,000
Market Cap$2.58 billion
OptionableOptionable
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 Monday, November 12th. Stockholders of record on Monday, December 31st will be given a dividend of $0.10 per share on Monday, January 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Friday, December 28th. View SkyWest's Dividend History.
How will SkyWest's stock buyback program work?
SkyWest declared that its board has approved a share buyback program on Friday, April 7th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are often an indication 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 earnings results on Tuesday, October, 30th. The transportation company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.40 by $0.17. The transportation company earned $829 million during the quarter, compared to analyst estimates of $825.57 million. SkyWest had a return on equity of 13.99% and a net margin of 15.65%. SkyWest's revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.01 earnings per share. View SkyWest's Earnings History.
When is SkyWest's next earnings date?
What price target have analysts set for SKYW?
6 brokers have issued 1 year price objectives for SkyWest's shares. Their forecasts range from $58.00 to $75.00. On average, they anticipate SkyWest's stock price to reach $66.00 in the next year. This suggests a possible upside of 35.8% from the stock's current price. View Analyst Price Targets for SkyWest.
What is the consensus analysts' recommendation for SkyWest?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SkyWest.
Has SkyWest been receiving favorable news coverage?
Media stories about SKYW stock have trended very positive on Monday, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. SkyWest earned a coverage optimism score of 3.9 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of SkyWest's key competitors?
Some companies that are related to SkyWest include Deutsche Lufthansa (DLAKY), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), Alaska Air Group (ALK), Azul (AZUL), China Southern Airlines (ZNH), INTL CONS AIRL/S (ICAGY), LATAM Airlines Group (LTM), easyJet (EJTTF), JetBlue Airways (JBLU), CATHAY Pac AIRW/S (CPCAY), Air France-KLM (AFLYY), Copa (CPA), Allegiant Travel (ALGT), Gol Linhas Aereas Inteligentes (GOL) and Hawaiian (HA).
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)
Who are SkyWest's major shareholders?
SkyWest's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.96%), Vanguard Group Inc. (12.21%), Dimensional Fund Advisors LP (8.09%), Bank of New York Mellon Corp (5.70%), Renaissance Technologies LLC (4.51%) and Alliancebernstein L.P. (3.87%). 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 selling SkyWest stock?
SKYW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Alliancebernstein L.P., Victory Capital Management Inc., Bridgeway Capital Management Inc., ClariVest Asset Management LLC, Nordea Investment Management AB, Dimensional Fund Advisors LP and Vident Investment Advisory LLC. Company insiders that have sold SkyWest company stock in the last year include Eric Woodward, Michael B Thompson, Robert J Simmons, Russell A Childs, Terry Vais and Wade J Steel. View Insider Buying and Selling for SkyWest.
Which institutional investors are buying SkyWest stock?
SKYW stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Renaissance Technologies LLC, Wells Fargo & Company MN, Copper Rock Capital Partners LLC, Vanguard Group Inc., RWC Asset Management LLP and Marshall Wace LLP. 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 $48.61.
How big of a company is SkyWest?
SkyWest has a market capitalization of $2.58 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.
What is SkyWest's official website?
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.
