NASDAQ:SKYW SkyWest - SKYW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. $22.17 +0.71 (+3.31%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$21.49▼$22.3650-Day Range$17.89▼$22.1752-Week Range$14.76▼$33.35Volume674,705 shsAverage Volume896,256 shsMarket Capitalization$1.08 billionP/E Ratio15.29Dividend YieldN/APrice Target$20.75 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SkyWest MarketRank™ ForecastAnalyst RatingReduce1.33 Rating ScoreUpside/Downside6.4% Downside$20.75 Price TargetShort InterestHealthy4.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.58Upright™ Environmental ScoreNews Sentiment0.06Based on 3 Articles This WeekInsider TradingAcquiring Shares$37,900 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.25) to $1.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.97 out of 5 starsTransportation Sector83rd out of 122 stocksAir Transportation, Scheduled Industry13th out of 18 stocks 0.7 Analyst's Opinion Consensus RatingSkyWest has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.75, SkyWest has a forecasted downside of 6.4% from its current price of $22.17.Amount of Analyst CoverageSkyWest has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.08% of the float of SkyWest has been sold short.Short Interest Ratio / Days to CoverSkyWest has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SkyWest has recently decreased by 8.76%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSkyWest does not currently pay a dividend.Dividend GrowthSkyWest does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SkyWest is 38.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SkyWest will have a dividend payout ratio of 28.57% next year. This indicates that SkyWest will be able to sustain or increase its dividend. Previous Next 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSkyWest has received a -51.40% net impact score from Upright. The largest negative impact of SkyWest in category "GHG emissions" is driven by its "Regional jet aircraft leasing" product. See details.Environmental SustainabilityThe Environmental Impact score for SkyWest is -5.58. Previous Next 1.7 News and Social Media Coverage News SentimentSkyWest has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SkyWest this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for SKYW on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SkyWest insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,900.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of SkyWest is held by insiders.Percentage Held by Institutions80.82% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for SkyWest are expected to grow in the coming year, from ($1.25) to $1.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWest is 15.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.08.Price to Earnings Ratio vs. SectorThe P/E ratio of SkyWest is 15.29, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 33.50.Price to Book Value per Share RatioSkyWest has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SkyWest (NASDAQ:SKYW) StockSkyWest, 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 Receive SKYW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SkyWest and its competitors with MarketBeat's FREE daily newsletter. Email Address SKYW Stock News HeadlinesMarch 29, 2023 | americanbankingnews.comSkyWest (NASDAQ:SKYW) Stock Price Up 5.3%February 24, 2023 | finance.yahoo.comClose Call at Airport Near Los Angeles Under InvestigationApril 2, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.February 22, 2023 | finance.yahoo.comSouthwest, Delta Leading Major Airlines in Storm Cancellations, DelaysFebruary 22, 2023 | finance.yahoo.comWinter Storm Brings Heavy Snow, Ice From California to Maine, Grounding Hundreds of FlightsFebruary 5, 2023 | finance.yahoo.comSkyWest Full Year 2022 Earnings: Misses ExpectationsFebruary 4, 2023 | msn.comSkyWest Q4 Non-GAAP EPS, revenue missesFebruary 4, 2023 | nasdaq.comSkyWest Inc Q4 Earnings SummaryApril 2, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.February 4, 2023 | apnews.comSkyWest: Q4 Earnings SnapshotFebruary 4, 2023 | marketwatch.comSkywest Shares Drop 19% After Surprise Swing to 4Q LossFebruary 3, 2023 | finance.yahoo.comSkyWest, Inc. (NASDAQ:SKYW) Q4 2022 Earnings Call TranscriptFebruary 3, 2023 | fool.comWhy SkyWest Stock Is Falling TodayFebruary 2, 2023 | finance.yahoo.comSkyWest (SKYW) Reports Break-Even Earnings for Q4February 2, 2023 | finance.yahoo.comSkyWest, Inc. Announces Fourth Quarter and Annual 2022 ResultsJanuary 26, 2023 | finance.yahoo.comSkyWest, Inc. (NASDAQ:SKYW) is a favorite amongst institutional investors who own 81%January 23, 2023 | seekingalpha.comSkyWest: Cheap But Not LucrativeJanuary 12, 2023 | finance.yahoo.comSkyWest, Inc. Announces Fourth Quarter and Full Year 2022 Results Call DateJanuary 11, 2023 | msn.comChico air service on course despite carrier contractionJanuary 6, 2023 | finance.yahoo.comInsiders in SkyWest, Inc. (NASDAQ:SKYW) are down 31% on their US$3.6m purchase despite recent gainsDecember 16, 2022 | finance.yahoo.comSkyWest (NASDAQ:SKYW) investors are sitting on a loss of 72% if they invested three years agoNovember 30, 2022 | finance.yahoo.comSkyWest (SKYW) Benefits From Air-Travel Demand Despite ExpensesNovember 23, 2022 | finance.yahoo.comSkyWest (NASDAQ:SKYW) Will Want To Turn Around Its Return TrendsNovember 2, 2022 | finance.yahoo.comWall Street Analysts Believe SkyWest (SKYW) Could Rally 54%: Here's is How to TradeNovember 2, 2022 | finance.yahoo.comIs SkyWest (SKYW) Stock Undervalued Right Now?October 31, 2022 | finance.yahoo.comAt US$17.69, Is It Time To Put SkyWest, Inc. (NASDAQ:SKYW) On Your Watch List?October 28, 2022 | finance.yahoo.comSkyWest (SKYW) Q3 Earnings Top Estimates, Revenues MissSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SKYW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SkyWest and its competitors with MarketBeat's FREE daily newsletter. Email Address SKYW Company Calendar Last Earnings2/02/2023Today4/01/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:SKYW CUSIP83087910 CIK793733 Webinc.skywest.com Phone435-634-3000Fax435-634-3105Employees13,582Year Founded1972Price Target and Rating Average Stock Price Forecast$20.75 High Stock Price Forecast$25.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside-6.4%Consensus RatingReduce Rating Score (0-4)1.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.45 Trailing P/E Ratio15.29 Forward P/E RatioN/A P/E GrowthN/ANet Income$72.95 million Net Margins2.43% Pretax Margin3.08% Return on Equity5.12% Return on Assets1.63% Debt Debt-to-Equity Ratio1.25 Current Ratio1.17 Quick Ratio1.06 Sales & Book Value Annual Sales$3.00 billion Price / Sales0.36 Cash Flow$10.81 per share Price / Cash Flow2.05 Book Value$46.40 per share Price / Book0.48Miscellaneous Outstanding Shares48,820,000Free Float47,844,000Market Cap$1.08 billion OptionableOptionable Beta1.84 Social Links Key ExecutivesJerry C. Atkin (Age 68)Chairman of the Board Russell A. Childs (Age 49)President, Chief Executive Officer, Director Robert J. Simmons (Age 54)Chief Financial Officer Terry M. Vais (Age 49)Chief Operating Officer of ExpressJet Airlines, Inc. Michael B. Thompson (Age 41)Chief Operating Officer Eric J. Woodward (Age 45)Chief Accounting Officer Wade J. Steel (Age 41)Chief Commercial Officer Steven F. Udvar-Hazy (Age 71)Lead Independent Director W. Steve Albrecht (Age 70)Independent Director Henry J. Eyring (Age 53)Independent Director More ExecutivesKey CompetitorsHawaiianNASDAQ:HAAllegiant TravelNASDAQ:ALGTJetBlue AirwaysNASDAQ:JBLUCopaNYSE:CPAControladora Vuela Compañía de AviaciónNYSE:VLRSView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 20,963 shares on 2/28/2023Ownership: 0.038%Legal & General Group PlcBought 2,334 shares on 2/15/2023Ownership: 0.238%NFJ Investment Group LLCSold 5,495 shares on 2/15/2023Ownership: 0.196%State of Wisconsin Investment BoardSold 809 shares on 2/15/2023Ownership: 0.081%Captrust Financial AdvisorsBought 803 shares on 2/15/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions SKYW Stock - Frequently Asked Questions Should I buy or sell SkyWest stock right now? 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. What is SkyWest's stock price forecast for 2023? 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. How have SKYW shares performed in 2023? 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. View the best growth stocks for 2023 here. When is SkyWest's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our SKYW earnings forecast. How were SkyWest's earnings last quarter? 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. What ETFs hold SkyWest's stock? 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). Is SkyWest a good dividend stock? 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. What is Chip Childs' approval rating as SkyWest's CEO? 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. 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), 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). 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 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. Compare Top Brokerages Here. What is SkyWest's stock price today? One share of SKYW stock can currently be purchased for approximately $22.17. How much money does SkyWest make? 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. How many employees does SkyWest have? The company employs 13,582 workers across the globe. How can I contact SkyWest? 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. This page (NASDAQ:SKYW) was last updated on 4/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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