Alaska Air Group Stock Forecast, Price & News

Alaska Air Group's stock was trading at $45.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALK stock has increased by 19.2% and is now trading at $54.47.
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14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Alaska Air Group stock.
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372 employees have rated Alaska Air Group CEO Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 86% among Alaska Air Group's employees.

Alaska Air Group is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Alaska Air Group.

Alaska Air Group will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Alaska Air Group, Inc. (NYSE:ALK) announced its quarterly earnings data on Thursday, October, 22nd. The transportation company reported ($3.23) EPS for the quarter, missing analysts' consensus estimates of ($2.94) by $0.29. The transportation company earned $701 million during the quarter, compared to the consensus estimate of $685.94 million. Alaska Air Group had a negative trailing twelve-month return on equity of 19.39% and a negative net margin of 13.96%. The firm's revenue was down 70.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.63 earnings per share.
View Alaska Air Group's earnings history.

Alaska Air Group announced a quarterly dividend on Tuesday, January 28th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.375 per share on Thursday, March 5th. This represents a $1.50 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Friday, February 14th. This is a boost from Alaska Air Group's previous quarterly dividend of $0.35.
View Alaska Air Group's dividend history.

Alaska Air Group shares split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, July 9th 2014. An investor that had 100 shares of Alaska Air Group stock prior to the split would have 200 shares after the split.

14 Wall Street analysts have issued 1 year price targets for Alaska Air Group's shares. Their forecasts range from $37.00 to $65.00. On average, they anticipate Alaska Air Group's share price to reach $52.93 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
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Alaska Air Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,150,000 shares, an increase of 30.4% from the December 15th total of 3,950,000 shares. Based on an average daily trading volume, of 2,230,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 4.2% of the shares of the company are sold short.
View Alaska Air Group's Short Interest.

Some companies that are related to Alaska Air Group include Southwest Airlines (LUV), Delta Air Lines (DAL), United Airlines (UAL), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW) and Hawaiian (HA).
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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), The Walt Disney (DIS), Bank of America (BAC), The Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX).

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

Alaska Air Group's stock is owned by many different retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.44%), Wedge Capital Management L L P NC (0.37%), Frontier Capital Management Co. LLC (0.09%), O Keefe Stevens Advisory Inc. (0.06%), State of Alaska Department of Revenue (0.02%) and Cypress Capital Group (0.01%). Company insiders that own Alaska Air Group stock include Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Brandon Pedersen, Chalmers David, Christopher Michael Berry, Helvi Kay Sandvik, Jessie J Knight Jr, Joseph A Sprague, Kyle B Levine and Shane R Tackett.
View institutional ownership trends for Alaska Air Group.

ALK stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Scout Investments Inc., Frontier Capital Management Co. LLC, Crossmark Global Holdings Inc., O Keefe Stevens Advisory Inc., Avantax Advisory Services Inc., and State of Alaska Department of Revenue. Company insiders that have sold Alaska Air Group company stock in the last year include Andrew R Harrison, Benito Minicucci, Christopher Michael Berry, Helvi Kay Sandvik, Joseph A Sprague, and Shane R Tackett.
View insider buying and selling activity for Alaska Air Group or view top insider-selling stocks.

ALK stock was purchased by a variety of institutional investors in the last quarter, including Cypress Capital Group, Cypress Wealth Services LLC, Kestra Advisory Services LLC, Nwam LLC, Unison Advisors LLC, Raymond James Trust N.A., Clearview Wealth Advisors LLC, and Kestra Private Wealth Services LLC. Company insiders that have bought Alaska Air Group stock in the last two years include Christopher Michael Berry, Helvi Kay Sandvik, and Jessie J Knight Jr.
View insider buying and selling activity for Alaska Air Group or or view top insider-buying stocks.

Shares of ALK 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.

One share of ALK stock can currently be purchased for approximately $54.47.

Alaska Air Group has a market capitalization of $6.74 billion and generates $8.78 billion in revenue each year. The transportation company earns $769 million in net income (profit) each year or $6.42 on an earnings per share basis. Alaska Air Group employs 24,000 workers across the globe.

The official website for Alaska Air Group is www.alaskaair.com.

Alaska Air Group's mailing address is 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188. The transportation company can be reached via phone at 206-392-5040 or via email at [email protected]