S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Vatican singles out bishops in urging reflective not reactive social media use
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Vatican singles out bishops in urging reflective not reactive social media use
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Vatican singles out bishops in urging reflective not reactive social media use
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Vatican singles out bishops in urging reflective not reactive social media use
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead

Alaska Air Group (ALK) Stock Forecast, Price & News

$45.10
-0.02 (-0.04%)
(As of 05/26/2023 08:46 PM ET)
Compare
Today's Range
$45.02
$45.76
50-Day Range
$38.13
$45.25
52-Week Range
$37.19
$53.96
Volume
1.10 million shs
Average Volume
1.59 million shs
Market Capitalization
$5.77 billion
P/E Ratio
98.04
Dividend Yield
N/A
Price Target
$63.86

Alaska Air Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.6% Upside
$63.86 Price Target
Short Interest
Healthy
3.63% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.44mentions of Alaska Air Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$170,030 Sold Last Quarter
Proj. Earnings Growth
15.87%
From $6.30 to $7.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Transportation Sector

42nd out of 122 stocks

Air Transportation, Scheduled Industry

5th out of 18 stocks


ALK stock logo

About Alaska Air Group (NYSE:ALK) Stock

Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional, and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, Costa Rica and Belize. The Regional segment consists of Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment encompasses the capacity sold to Alaska under a CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

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.

ALK Stock News Headlines

Airline ETFs: What They Are and How to Invest (ALK)
Should you invest in an airline ETF? Do they fit your portfolio? Learn the tips and tricks of investing in airline ETFs with MarketBeat.
The 10 Top-Rated Stocks by Wall Street Analysts in August 2021 (ALK)
Analyst ratings reflect the sentiment of individuals who have significant knowledge of a company’s operations. For a company to be included on MarketBeat’s top-rated list they must have received at least five ratings within the last 12 months. Here are the 10 companies that have received the highest average rating by Wall Street analysts in August 2021.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Is United Airlines Playing a Game of Limbo with Its Guidance? (ALK)
United Airlines Holdings Inc. (NYSE: UAL) had previously cut its Q1 2023 earnings guidance to expedite the charges from a revised contract with the Airline
Alaska Air Group: Fuel Is Not A Problem Anymore
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
7 Hidden Airline Fees That Can Cost You Hundreds
Analysts Set Alaska Air Group, Inc. (NYSE:ALK) PT at $65.77
See 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.

ALK Company Calendar

Last Earnings
4/20/2023
Today
5/28/2023
Next Earnings (Estimated)
7/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
01165910
Employees
25,469
Year Founded
1932

Price Target and Rating

Average Stock Price Forecast
$63.86
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+41.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
13 Analysts

Profitability

Net Income
$58 million
Pretax Margin
0.85%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$7.66 per share
Book Value
$28.84 per share

Miscellaneous

Free Float
127,041,000
Market Cap
$5.77 billion
Optionable
Optionable
Beta
1.51

Social Links


Key Executives

  • Benito MinicucciBenito Minicucci
    President, Chief Executive Officer & Director
  • Constance E. von Muehlen
    Chief Operating Officer & Executive Vice President
  • Shane R. TackettShane R. Tackett
    Chief Financial Officer & Executive VP-Finance
  • Vikram Baskaran
    Vice President-Information Technology Services
  • Kyle B. LevineKyle B. Levine
    Secretary, SVP-Legal & General Counsel













ALK Stock - Frequently Asked Questions

Should I buy or sell Alaska Air Group stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 1 hold rating, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALK shares.
View ALK analyst ratings
or view top-rated stocks.

What is Alaska Air Group's stock price forecast for 2023?

13 brokers have issued 1-year price targets for Alaska Air Group's stock. Their ALK share price forecasts range from $50.00 to $75.00. On average, they expect the company's stock price to reach $63.86 in the next year. This suggests a possible upside of 41.6% 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 increased by 5.0% and is now trading at $45.10.
View the best growth stocks for 2023 here
.

Are investors shorting Alaska Air Group?

Alaska Air Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,640,000 shares, an increase of 6.2% from the April 30th total of 4,370,000 shares. Based on an average daily volume of 1,720,000 shares, the days-to-cover ratio is presently 2.7 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, July 20th 2023.
View our ALK earnings forecast
.

How were Alaska Air Group's earnings last quarter?

Alaska Air Group, Inc. (NYSE:ALK) announced its earnings results on Thursday, April, 20th. The transportation company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.48) by $0.14. The transportation company earned $2.20 billion during the quarter, compared to analysts' expectations of $2.19 billion. Alaska Air Group had a net margin of 0.58% and a trailing twelve-month return on equity of 17.03%. The company's quarterly revenue was up 30.6% on a year-over-year basis. During the same period last year, the firm earned ($1.33) EPS.
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 326.09%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALK will have a dividend payout ratio of 20.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALK.

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 issued an update on its FY23 earnings guidance on Thursday, April, 20th. The company provided earnings per share guidance of $5.50-7.50 for the period, compared to the consensus estimate of $5.74.

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).

What is Alaska Air Group's stock symbol?

Alaska Air Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALK."

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%), BlackRock Inc. (5.72%), State Street Corp (3.14%), Dimensional Fund Advisors LP (2.94%), Boston Partners (2.68%) and Geode Capital Management LLC (2.09%). 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, Joseph A Sprague, 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.

What is Alaska Air Group's stock price today?

One share of ALK stock can currently be purchased for approximately $45.10.

How much money does Alaska Air Group make?

Alaska Air Group (NYSE:ALK) has a market capitalization of $5.77 billion and generates $10.16 billion in revenue each year. The transportation company earns $58 million in net income (profit) each year or $0.46 on an earnings per share basis.

How many employees does Alaska Air Group have?

The company employs 25,469 workers across the globe.

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
How can I contact Alaska Air Group?

Alaska Air Group's mailing address is 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188. The official website for the company is www.alaskaair.com. The transportation company can be reached via phone at (206) 392-5040, via email at lavanya.sareen@alaskaair.com, or via fax at 302-636-5454.

This page (NYSE:ALK) was last updated on 5/29/2023 by MarketBeat.com Staff

My Account -