NASDAQ:SKYWSkyWest Stock Price, Forecast & 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 $30.96 -0.43 (-1.37 %) (As of 07/2/2020 04:00 PM ET) Add Compare Share Today's Range$30.93Now: $30.96▼$33.3050-Day Range$23.06MA: $32.56▼$47.2252-Week Range$10.58Now: $30.96▼$66.52Volume362,971 shsAverage Volume846,588 shsMarket Capitalization$1.55 billionP/E Ratio5.61Dividend Yield1.78%Beta1.85 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.88, SkyWest has a potential upside of 86.9% from its current price of $30.96.Amount of Analyst CoverageSkyWest has only been the subject of 3 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 360 “underperform” votes. (Add your “underperform” vote.)Community SentimentSkyWest has received 54.31% “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 2.5 Dividend Strength Dividend YieldSkyWest pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSkyWest has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of SkyWest is 8.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SkyWest will have a dividend payout ratio of 12.81% next year. This indicates that SkyWest will be able to sustain or increase its dividend. 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 Institutions87.28% 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 258.20% in the coming year, from $1.22 to $4.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWest is 5.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.42.Price to Earnings Ratio vs. SectorThe P/E ratio of SkyWest is 5.61, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.15.Price to Book Value per Share RatioSkyWest has a P/B Ratio of 0.72. 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: 2.5Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.70 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 Ratio1.29 Current Ratio0.75 Quick Ratio0.65Price-To-Earnings Trailing P/E Ratio5.61 Forward P/E Ratio25.38 P/E GrowthN/A Sales & Book Value Annual Sales$2.97 billion Price / Sales0.52 Cash Flow$13.46 per share Price / Cash Flow2.30 Book Value$43.14 per share Price / Book0.72Profitability EPS (Most Recent Fiscal Year)$6.25 Net Income$340.10 million Net Margins9.47% Return on Equity13.26% Return on Assets4.26%Miscellaneous Employees13,700 Outstanding Shares50,140,000Market Cap$1.55 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:SKYW Rates by TradingView 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 COVID-19 (Coronavirus)? SkyWest's stock was trading at $35.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SKYW shares have decreased by 13.4% and is now trading at $30.96. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of SkyWest? 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. When is SkyWest's next earnings date? SkyWest is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for SkyWest. How were SkyWest's earnings last quarter? SkyWest, Inc. (NASDAQ:SKYW) released its earnings results on Thursday, May, 7th. The transportation company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by $0.32. The transportation company earned $729.94 million during the quarter, compared to analysts' expectations of $700.10 million. SkyWest had a net margin of 9.47% and a return on equity of 13.26%. SkyWest's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 EPS. View SkyWest's earnings history. How often does SkyWest pay dividends? What is the dividend yield for SkyWest? SkyWest announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.14 per share on Monday, April 6th. This represents a $0.56 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Monday, March 30th. This is a positive change from SkyWest's previous quarterly dividend of $0.12. View SkyWest's dividend history. What price target have analysts set for SKYW? 9 brokerages have issued 1 year price objectives for SkyWest's stock. Their forecasts range from $40.00 to $75.00. On average, they anticipate SkyWest's stock price to reach $57.88 in the next twelve months. This suggests a possible upside of 86.9% from the stock's current price. View analysts' price targets for SkyWest. Has SkyWest been receiving favorable news coverage? Media coverage about SKYW stock has been trending negative this week, according to InfoTrie Sentiment. The research firm ranks 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 news impact score of -2.5 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news about SkyWest. Are investors shorting SkyWest? SkyWest saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,570,000 shares, an increase of 20.8% from the May 31st total of 1,300,000 shares. Based on an average trading volume of 902,300 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.2% of the shares of the stock are short sold. View SkyWest's Current Options Chain. Who are some of SkyWest's key competitors? Some companies that are related to SkyWest include Delta Air Lines (DAL), Southwest Airlines (LUV), 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), 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). 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." 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 $30.96. How big of a company is SkyWest? SkyWest has a market capitalization of $1.55 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 7/3/2020 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. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
