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New CBOE “special perk” helps traders target income every weekend (Ad)
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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
All the trading advice you’ve ever received boils down to this (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
New CBOE “special perk” helps traders target income every weekend (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
All the trading advice you’ve ever received boils down to this (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
New CBOE “special perk” helps traders target income every weekend (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
All the trading advice you’ve ever received boils down to this (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
New CBOE “special perk” helps traders target income every weekend (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023

Alaska Air Group Stock Price, News & Analysis (NYSE:ALK)

$35.61
-0.36 (-1.00%)
(As of 12/8/2023 ET)
Compare
Today's Range
$35.42
$36.08
50-Day Range
$31.08
$39.74
52-Week Range
$30.75
$57.18
Volume
4.21 million shs
Average Volume
3.75 million shs
Market Capitalization
$4.56 billion
P/E Ratio
17.81
Dividend Yield
N/A
Price Target
$57.25

Alaska Air Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
60.8% Upside
$57.25 Price Target
Short Interest
Healthy
3.96% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.23mentions of Alaska Air Group in the last 14 days
Based on 45 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.16%
From $4.43 to $4.88 Per Share

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 stars

Industrials Sector

15th out of 59 stocks

Airlines Industry

2nd out of 3 stocks


ALK stock logo

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.

ALK Stock Price History

ALK Stock News Headlines

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Alaska Air Group (NYSE:ALK) Upgraded by StockNews.com to "Hold"
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See More Headlines
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Company Calendar

Last Earnings
10/19/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/25/2024

Industry, Sector and Symbol

Industry
Airlines
Sub-Industry
Airlines
CUSIP
01165910
Employees
23,879
Year Founded
1932

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$58 million
Pretax Margin
3.42%

Debt

Sales & Book Value

Annual Sales
$10.35 billion
Cash Flow
$6.86 per share
Book Value
$30.09 per share

Miscellaneous

Free Float
127,541,000
Market Cap
$4.56 billion
Optionable
Optionable
Beta
1.60

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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.

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

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