Top-Rated StocksTop-RatedNYSE:ALK Alaska Air Group (ALK) Stock Forecast, Price & News $45.10 -0.02 (-0.04%) (As of 05/26/2023 08:46 PM ET) Add Compare Share Share Today's Range$45.02▼$45.7650-Day Range$38.13▼$45.2552-Week Range$37.19▼$53.96Volume1.10 million shsAverage Volume1.59 million shsMarket Capitalization$5.77 billionP/E Ratio98.04Dividend YieldN/APrice Target$63.86 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside41.6% Upside$63.86 Price TargetShort InterestHealthy3.63% of Shares Sold ShortDividend StrengthN/ASustainability-5.64Upright™ Environmental ScoreNews Sentiment0.44Based on 5 Articles This WeekInsider TradingSelling Shares$170,030 Sold Last QuarterProj. Earnings Growth15.87%From $6.30 to $7.30 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.2.52 out of 5 starsTransportation Sector42nd out of 122 stocksAir Transportation, Scheduled Industry5th out of 18 stocks 3.5 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.86, Alaska Air Group has a forecasted upside of 41.6% from its current price of $45.10.Amount of Analyst CoverageAlaska Air Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.63% 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 2.7, 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 6.18%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 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. 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 1.4 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Alaska Air Group this week, compared to 7 articles on an average week.Search InterestOnly 35 people have searched for ALK on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Air Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,030.00 in company stock.Percentage Held by InsidersOnly 0.68% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions77.04% 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 15.87% in the coming year, from $6.30 to $7.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 98.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 98.04, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 23.89.Price to Earnings Growth RatioAlaska Air Group has a PEG Ratio of 0.30. 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 1.56. 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 (NYSE:ALK) StockAlaska 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.Read More 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 ALK Stock News HeadlinesMay 23, 2023 | marketbeat.comAirline 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.May 18, 2023 | marketbeat.comThe 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.May 29, 2023 | Behind the Markets (Ad)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.May 1, 2023 | marketbeat.comIs 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 AirlineMay 25, 2023 | finance.yahoo.comWhy Is JetBlue (JBLU) Down 1.7% Since Last Earnings Report?May 25, 2023 | americanbankingnews.comAlaska Air Group, Inc. (NYSE:ALK) Receives $63.86 Average PT from AnalystsMay 19, 2023 | seekingalpha.comAlaska Air Group: Fuel Is Not A Problem AnymoreMay 19, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Coverage Initiated by Analysts at StockNews.comMay 29, 2023 | Legacy Research (Affiliate) (Ad)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...May 17, 2023 | finance.yahoo.comAlaska Air Group to webcast from the Bank of America Securities 30th Annual Transportation, Airlines and Industrials ConferenceMay 12, 2023 | finance.yahoo.comHow Much Upside is Left in Alaska Air (ALK)? Wall Street Analysts Think 54.38%May 11, 2023 | finance.yahoo.comHere's Why Alaska Air (ALK) Deserves a Place in Your PortfolioMay 10, 2023 | finance.yahoo.comMore choices at 30,000 feet! Alaska Airlines adds bigger variety of food & beverage optionsMay 9, 2023 | finance.yahoo.comAlaska Air Group, Inc. (NYSE:ALK) is favoured by institutional owners who hold 82% of the companyMay 9, 2023 | finance.yahoo.comAlaska Airlines names a new vice president of strategy, analytics and transformationMay 8, 2023 | msn.comJP Morgan Maintains Alaska Air Group (ALK) Overweight RecommendationMay 8, 2023 | finance.yahoo.com7 Hidden Airline Fees That Can Cost You HundredsMay 8, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Price Target Lowered to $70.00 at JPMorgan Chase & Co.May 3, 2023 | finance.yahoo.comRyanair Holdings (RYAAY) Passenger Traffic Swells in AprilMay 2, 2023 | americanbankingnews.comShort Interest in Alaska Air Group, Inc. (NYSE:ALK) Grows By 15.0%May 1, 2023 | finance.yahoo.comAlaska Airlines slashes ticket prices to Dallas as the Kraken face off in playoffs, plus fans can score priority boardingApril 28, 2023 | americanbankingnews.comAnalysts Set Alaska Air Group, Inc. (NYSE:ALK) PT at $65.77April 27, 2023 | finance.yahoo.comC.H. Robinson (CHRW) Q1 Earnings & Revenues Lag, Decline Y/YApril 26, 2023 | finance.yahoo.comEarnings Estimates Moving Higher for Alaska Air (ALK): Time to Buy?April 26, 2023 | finance.yahoo.comAlaska Air Group, Inc. (NYSE:ALK) Q1 2023 Earnings Call TranscriptApril 26, 2023 | finance.yahoo.comAlaska Airlines launches partnership with STARLUX AirlinesApril 26, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Alaska Air Group, Inc. Issued By Seaport Res Ptn (NYSE:ALK)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 ALK Company Calendar Last Earnings4/20/2023Today5/28/2023Next Earnings (Estimated)7/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNYSE:ALK CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone(206) 392-5040Fax302-636-5454Employees25,469Year Founded1932Price 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 RatingBuy Rating Score (0-4)3.00 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio98.04 Forward P/E Ratio7.16 P/E Growth0.3Net Income$58 million Net Margins0.58% Pretax Margin0.85% Return on Equity17.03% Return on Assets4.46% Debt Debt-to-Equity Ratio0.49 Current Ratio0.64 Quick Ratio0.62 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.60 Cash Flow$7.66 per share Price / Cash Flow5.89 Book Value$28.84 per share Price / Book1.56Miscellaneous Outstanding Shares127,910,000Free Float127,041,000Market Cap$5.77 billion OptionableOptionable Beta1.51 Social Links Key ExecutivesBenito MinicucciPresident, Chief Executive Officer & DirectorConstance E. von MuehlenChief Operating Officer & Executive Vice PresidentShane R. TackettChief Financial Officer & Executive VP-FinanceVikram BaskaranVice President-Information Technology ServicesKyle B. LevineSecretary, SVP-Legal & General CounselKey CompetitorsCopaNYSE:CPAJetBlue AirwaysNASDAQ:JBLUAllegiant TravelNASDAQ:ALGTUnited AirlinesNASDAQ:UALSouthwest AirlinesNYSE:LUVView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,261 shares on 5/26/2023Ownership: 0.030%Brandywine Global Investment Management LLCSold 42,800 shares on 5/25/2023Ownership: 0.698%Garde Capital Inc.Sold 657 shares on 5/25/2023Ownership: 0.021%Ameriprise Financial Inc.Sold 9,521 shares on 5/22/2023Ownership: 0.785%American TrustBought 678 shares on 5/22/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Alaska Air Group's stock? ETFs with the largest weight of Alaska Air Group (NYSE:ALK) stock in their portfolio include American Customer Satisfaction ETF (ACSI), U.S. Global Jets ETF (JETS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), SPDR S&P Transportation ETF (XTN), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Invesco S&P 500 Equal Weight Industrials ETF (RGI), Invesco S&P 500 Pure Value ETF (RPV) and iShares U.S. Transportation ETF (IYT). 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 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. 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.