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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why

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

$48.36
+0.90 (+1.90%)
(As of 06/7/2023 ET)
Compare
Today's Range
$47.49
$48.41
50-Day Range
$40.98
$48.36
52-Week Range
$37.19
$53.96
Volume
1.17 million shs
Average Volume
1.56 million shs
Market Capitalization
$6.19 billion
P/E Ratio
105.13
Dividend Yield
N/A
Price Target
$63.86

Alaska Air Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.1% 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
0.51mentions of Alaska Air Group in the last 14 days
Based on 8 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.

2.64 out of 5 stars

Transportation Sector

23rd out of 122 stocks

Air Transportation, Scheduled Industry

3rd 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.

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ALK Stock News Headlines

10 Best Airline Stocks to Buy
The airline industry has seen tumultuous times over the past few years, so should you invest? Learn more about the best airline stock to buy on MarketBeat.
Ten Best Airline Stocks to Buy (ALK)
The airline industry has seen tumultuous times over the past few years, so should you invest? Learn more about the best airline stock to buy on MarketBeat.
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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.
The 4th Military Revolution is Happening
. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>
Barclays Remains a Buy on Alaska Air (ALK)
Alaska Air Group: Fuel Is Not A Problem Anymore
7 Hidden Airline Fees That Can Cost You Hundreds
See More Headlines

ALK Price History

ALK Company Calendar

Last Earnings
4/20/2023
Today
6/07/2023
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
+33.2%
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
$7.93 per share
Book Value
$30.09 per share

Miscellaneous

Free Float
127,399,000
Market Cap
$6.13 billion
Optionable
Optionable
Beta
1.52

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 equities 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 equities 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 12-month price objectives for Alaska Air Group's shares. Their ALK share price forecasts range from $50.00 to $75.00. On average, they anticipate the company's share price to reach $63.86 in the next year. This suggests a possible upside of 32.1% 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 beginning of the year. Since then, ALK shares have increased by 12.6% and is now trading at $48.36.
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 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 trading volume, of 1,720,000 shares, the short-interest ratio is currently 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) issued its quarterly earnings data on Thursday, April, 20th. The transportation company reported ($0.62) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by $0.14. The transportation company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.19 billion. Alaska Air Group had a trailing twelve-month return on equity of 17.03% and a net margin of 0.58%. The firm's revenue was up 30.6% compared to the same quarter last year. During the same period last year, the business earned ($1.33) earnings per share.
Read the conference call transcript
.

When did Alaska Air Group's stock split?

Shares of Alaska Air Group split before market open on 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 FY23 earnings guidance on Thursday, April, 20th. The company provided EPS guidance of $5.50-7.50 for the period, compared to the consensus EPS 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 number 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 $48.36.

How much money does Alaska Air Group make?

Alaska Air Group (NYSE:ALK) has a market capitalization of $6.19 billion and generates $9.65 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 6/8/2023 by MarketBeat.com Staff

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