Alaska Air Group Stock Price, News & Analysis (NYSE:ALK) $35.61 -0.36 (-1.00%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$35.42▼$36.0850-Day Range$31.08▼$39.7452-Week Range$30.75▼$57.18Volume4.21 million shsAverage Volume3.75 million shsMarket Capitalization$4.56 billionP/E Ratio17.81Dividend YieldN/APrice Target$57.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside60.8% Upside$57.25 Price TargetShort InterestHealthy3.96% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.64Upright™ Environmental ScoreNews Sentiment0.23Based on 45 Articles This WeekInsider TradingN/AProj. Earnings Growth10.16%From $4.43 to $4.88 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.2.66 out of 5 starsIndustrials Sector15th out of 59 stocksAirlines Industry2nd out of 3 stocks 3.3 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.25, Alaska Air Group has a forecasted upside of 60.8% from its current price of $35.61.Amount of Analyst CoverageAlaska Air Group has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.96% of the outstanding shares of Alaska Air Group have been sold short.Short Interest Ratio / Days to CoverAlaska Air Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alaska Air Group has recently increased by 15.23%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldAlaska Air Group does not currently pay a dividend.Dividend GrowthAlaska Air Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Alaska Air Group is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Alaska Air Group will have a dividend payout ratio of 30.74% next year. This indicates that Alaska Air Group will be able to sustain or increase its dividend. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlaska Air Group has received a -81.18% net impact score from Upright. The largest negative impact of Alaska Air in category "GHG emissions" seems to be driven mostly by its "Air freight transport services", "Passenger air travel", and "Ramp handling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Alaska Air Group is -5.64. Previous Next 2.3 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.23. 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 0.41 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 45 news articles for Alaska Air Group this week, compared to 9 articles on an average week.Search InterestOnly 44 people have searched for ALK on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.MarketBeat Follows14 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Air Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.68% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions80.58% of the stock of Alaska Air Group 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 Alaska Air Group are expected to grow by 10.16% in the coming year, from $4.43 to $4.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 17.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 17.81, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 348.07.Price to Earnings Growth RatioAlaska Air Group has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alaska Air Group Stock (NYSE:ALK)Alaska Air Group, Inc., through its subsidiaries, operated airlines. The company operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing and Airbus jet aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, and Belize; and for passengers across a shorter distance network within the United States and Canada. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.Read More ALK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALK Stock News HeadlinesDecember 9, 2023 | americanbankingnews.comAlaska Air Group, Inc. (NYSE:ALK) Receives $57.25 Average PT from BrokeragesDecember 8, 2023 | americanbankingnews.comHead-To-Head Survey: Exchange Income (OTCMKTS:EIFZF) versus Alaska Air Group (NYSE:ALK)December 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 8, 2023 | americanbankingnews.comSeaport Res Ptn Research Analysts Raise Earnings Estimates for Alaska Air Group, Inc. (NYSE:ALK)December 8, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Upgraded by StockNews.com to "Hold"December 7, 2023 | bizjournals.comAlaska-Hawaiian airlines deal to shake up the market for flights to HawaiiDecember 7, 2023 | finance.yahoo.comAlaska Air Group (ALK) Increases Despite Market Slip: Here's What You Need to KnowDecember 6, 2023 | finance.yahoo.comUS must do more on mental health of aviation professionals -regulatorDecember 9, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 6, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Rating Lowered to Hold at Deutsche Bank AktiengesellschaftDecember 6, 2023 | americanbankingnews.comRaymond James Downgrades Alaska Air Group (NYSE:ALK) to Market PerformDecember 5, 2023 | bizjournals.comHow the Alaska-Hawaiian airline merger could affect flights at Denver International AirportDecember 5, 2023 | msn.comRaymond James Downgrades Alaska Air Group (ALK)December 5, 2023 | finance.yahoo.comS&P 500 Gains and Losses Today: Charter Drops Amid Broadband Subscriber ConcernsDecember 5, 2023 | msn.comAlaska Airlines Shares Drop, Hawaiian Airlines Soars on $1.9B MergerDecember 5, 2023 | finance.yahoo.comHawaiian Airlines Is Getting Bought. Will You Pay More to Fly to the Islands?December 5, 2023 | bizjournals.comHow the Alaska-Hawaiian airline merger would shake up the market for Hawaii flightsDecember 5, 2023 | financialpost.comAlaska Airlines is buying Hawaiian Airlines. Will the Biden administration let the merger fly?December 4, 2023 | msn.comAlaska Air Group to buy Hawaiian Airlines in $1.9B dealDecember 4, 2023 | bizjournals.comHow the Alaska-Hawaiian airline merger will shake up flights from the Bay Area to HawaiiDecember 4, 2023 | bizjournals.comHow the Alaska-Hawaiian airline merger will shake up the market for flights to HawaiiDecember 4, 2023 | finance.yahoo.comHow the Alaska-Hawaiian Air merger can avoid DOJ disruptionDecember 4, 2023 | bizjournals.comAlaska Airlines to acquire Hawaiian Airlines for nearly $2 billionDecember 4, 2023 | markets.businessinsider.comWhy This Alaska Air Analyst Believes Hawaiian Holdings Deal Could Hurt SentimentDecember 4, 2023 | msn.comAirline stocks rip gains after Alaska Air makes offer for Hawaiian AirDecember 4, 2023 | finance.yahoo.comAlaska Air, Hawaiian deal: CEOs explain why it's a 'win-win'December 4, 2023 | finance.yahoo.comStock Market Retreats From Session Highs As Small-Caps Lead; Lululemon Drops After DowngradeSee More Headlines Receive ALK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/19/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Airlines Sub-IndustryAirlines SectorIndustrials Current SymbolNYSE:ALK CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone(206) 392-5040Fax302-636-5454Employees23,879Year Founded1932Price Target and Rating Average Stock Price Target$57.25 High Stock Price Target$70.00 Low Stock Price Target$41.00 Potential Upside/Downside+60.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.00 Trailing P/E Ratio17.81 Forward P/E Ratio8.04 P/E Growth0.88Net Income$58 million Net Margins2.50% Pretax Margin3.42% Return on Equity17.06% Return on Assets4.54% Debt Debt-to-Equity Ratio0.79 Current Ratio0.72 Quick Ratio0.69 Sales & Book Value Annual Sales$10.35 billion Price / Sales0.44 Cash Flow$6.86 per share Price / Cash Flow5.19 Book Value$30.09 per share Price / Book1.18Miscellaneous Outstanding Shares128,053,000Free Float127,541,000Market Cap$4.56 billion OptionableOptionable Beta1.60 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Benito Minicucci (Age 56)President, CEO & Director Comp: $2.6MMr. Shane R. Tackett (Age 44)CFO & Executive VP of Finance Comp: $1.7MMs. Constance E. von Muehlen (Age 57)Executive VP & COO of Alaska Airlines Inc Comp: $1.3MMr. Andrew R. Harrison (Age 52)Executive VP & Chief Commercial Officer of Alaska Airlines Inc. Comp: $1.66MMs. Andrea L. Schneider (Age 58)Senior Vice President of People - Alaska Airlines Inc Comp: $1.19MMs. Helvi Kay Sandvik (Age 65)Independent Director Comp: $105.18kMs. Emily HalversonVP of Finance, Controller & Principal Accounting OfficerMr. Lavanya SareenManaging Director of Investor RelationsMr. Kyle B. Levine (Age 51)Chief Ethics & Compliance Officer, Senior VP of Legal, General Counsel and Corporate Secretary Ms. Geni VenableManager of Corporate CommunicationMore ExecutivesKey CompetitorsFTAI AviationNYSE:FTAISPX TechnologiesNYSE:SPXCArcosaNYSE:ACACraneNYSE:CRCrane NXTNYSE:CXTView All CompetitorsInsiders & InstitutionsCitigroup Inc.Bought 75,000 shares on 12/6/2023Ownership: 0.000%Wellington Management Group LLPBought 358,749 shares on 12/1/2023Ownership: 1.995%American Century Companies Inc.Bought 32,019 shares on 11/30/2023Ownership: 0.115%Neo Ivy Capital ManagementSold 9,239 shares on 11/30/2023Ownership: 0.002%Deutsche Bank AGBought 142,310 shares on 11/24/2023Ownership: 0.286%View All Insider TransactionsView All Institutional Transactions ALK Stock Analysis - Frequently Asked Questions Should I buy or sell Alaska Air Group stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALK shares. View ALK analyst ratings or view top-rated stocks. What is Alaska Air Group's stock price target for 2024? 9 analysts have issued 1-year price objectives for Alaska Air Group's stock. Their ALK share price targets range from $41.00 to $70.00. On average, they expect the company's share price to reach $57.25 in the next year. This suggests a possible upside of 60.8% from the stock's current price. View analysts price targets for ALK or view top-rated stocks among Wall Street analysts. How have ALK shares performed in 2023? Alaska Air Group's stock was trading at $42.94 at the start of the year. Since then, ALK stock has decreased by 17.1% and is now trading at $35.61. View the best growth stocks for 2023 here. Are investors shorting Alaska Air Group? Alaska Air Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,070,000 shares, an increase of 15.2% from the October 31st total of 4,400,000 shares. Based on an average daily volume of 2,200,000 shares, the short-interest ratio is presently 2.3 days. View Alaska Air Group's Short Interest. When is Alaska Air Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our ALK earnings forecast. How were Alaska Air Group's earnings last quarter? Alaska Air Group, Inc. (NYSE:ALK) issued its quarterly earnings data on Thursday, October, 19th. The transportation company reported $1.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by $0.04. The transportation company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.87 billion. Alaska Air Group had a net margin of 2.50% and a trailing twelve-month return on equity of 17.06%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the business earned $2.53 earnings per share. Read the conference call transcript. Is Alaska Air Group a good dividend stock? Alaska Air Group (NYSE:ALK) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALK will have a dividend payout ratio of 30.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALK. What ETFs hold Alaska Air Group's stock? ETFs with the largest weight of Alaska Air Group (NYSE:ALK) stock in their portfolio include U.S. Global Jets ETF (JETS), American Customer Satisfaction ETF (ACSI), Invesco Leisure and Entertainment ETF (PEJ), iShares Focused Value Factor ETF (FOVL), SPDR S&P Transportation ETF (XTN), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Invesco S&P 500 Pure Value ETF (RPV) and iShares U.S. Transportation ETF (IYT). When did Alaska Air Group's stock split? Shares of Alaska Air Group split on the morning of Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly minted shares were payable to shareholders after the closing bell on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has Alaska Air Group issued on next quarter's earnings? Alaska Air Group updated its fourth quarter 2023 earnings guidance on Thursday, October, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.50 billion-$2.58 billion, compared to the consensus revenue estimate of $2.59 billion. What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO? 391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among the company's employees. What other stocks do shareholders of Alaska Air Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX). Who are Alaska Air Group's major shareholders? Alaska Air Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (6.27%), Primecap Management Co. CA (3.03%), Invesco Ltd. (2.69%), LSV Asset Management (2.68%), Morgan Stanley (2.02%) and Wellington Management Group LLP (1.99%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Christopher Michael Berry, J Kenneth Thompson, Jessie J Knight Jr, Kyle B Levine and Shane R Tackett. View institutional ownership trends. How do I buy shares of Alaska Air Group? Shares of ALK 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. Does Alaska Air Group have any subsidiaries? The following companies are subsidiares of Alaska Air Group: AAG Leasing Inc., AAG Real Property LLC., ASA Assurance Inc., ASA Beverages LLC., Alaska Airlines Inc., Horizon Air Industries Inc., McGee Air Services Inc., and Virgin America.Read More This page (NYSE:ALK) was last updated on 12/9/2023 by MarketBeat.com Staff 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 Alaska Air Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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