NASDAQ:SKYWSkyWest Stock Price, Forecast & News

SkyWest's stock was trading at $35.73 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SKYW shares have decreased by 10.2% and is now trading at $32.07. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SkyWest.

SkyWest is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for SkyWest.

SkyWest, Inc. (NASDAQ:SKYW) issued its quarterly earnings results on Thursday, May, 7th. The transportation company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.91 by $0.32. The transportation company had revenue of $729.94 million for the quarter, compared to the consensus estimate of $700.10 million. SkyWest had a net margin of 9.47% and a return on equity of 13.26%. SkyWest's quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the business posted $1.33 earnings per share. View SkyWest's earnings history.

SkyWest announced a quarterly dividend on Tuesday, February 4th. Stockholders 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 1.75%. The ex-dividend date is Monday, March 30th. This is an increase from SkyWest's previous quarterly dividend of $0.12. View SkyWest's dividend history.

9 brokerages have issued 12 month target prices for SkyWest's stock. Their forecasts range from $40.00 to $75.00. On average, they anticipate SkyWest's stock price to reach $58.50 in the next year. This suggests a possible upside of 82.4% from the stock's current price. View analysts' price targets for SkyWest.

News articles about SKYW stock have been trending negative on Monday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SkyWest earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSkyWest.

SkyWest saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,250,000 shares, an increase of 35.0% from the April 15th total of 925,900 shares. Based on an average trading volume of 744,200 shares, the short-interest ratio is currently 1.7 days. Currently, 2.6% of the company's stock are short sold. View SkyWest's Current Options Chain.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other SkyWest investors own include Hawkins (HWKN), CA (CA), United Continental (UAL), Delta Air Lines (DAL), Southwest Airlines (LUV), American Airlines Group (AAL), Chipotle Mexican Grill (CMG), Micron Technology (MU), Alibaba Group (BABA) and Walt Disney (DIS).

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

SkyWest's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.87%), Alliancebernstein L.P. (4.36%), Bank of New York Mellon Corp (4.03%), State Street Corp (3.40%), Victory Capital Management Inc. (1.70%) and Victory Capital Management Inc. (1.70%). Company insiders that own SkyWest stock include Eric Woodward, Jerry C Atkin, Michael B Thompson, Robert J Simmons, Russell A Childs, Terry Vais, W Steve Albrecht and Wade J Steel. View institutional ownership trends for SkyWest.

SKYW stock was sold by a variety of institutional investors in the last quarter, including Soltis Investment Advisors LLC, Victory Capital Management Inc., Victory Capital Management Inc., Wells Fargo & Company MN, BlackRock Inc., JPMorgan Chase & Co., Par Capital Management Inc., and Morgan Stanley. Company insiders that have sold SkyWest company stock in the last year include Jerry C Atkin, Michael B Thompson, Robert J Simmons, Russell A Childs, and Wade J Steel. View insider buying and selling activity for SkyWest.

SKYW stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., U S Global Investors Inc., Bank of New York Mellon Corp, Squarepoint Ops LLC, State Street Corp, THB Asset Management, Consolidated Capital Management LLC, and Canada Pension Plan Investment Board. 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.

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.

One share of SKYW stock can currently be purchased for approximately $32.07.

SkyWest has a market capitalization of $1.61 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.

The official website for SkyWest is inc.skywest.com.

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]