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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
The single greatest medical breakthrough of all time? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
The single greatest medical breakthrough of all time? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
The single greatest medical breakthrough of all time? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees

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

$36.41
-0.43 (-1.17%)
(As of 09/27/2023 ET)
Compare
Today's Range
$36.15
$36.96
50-Day Range
$36.41
$54.15
52-Week Range
$36.15
$57.18
Volume
1.59 million shs
Average Volume
1.65 million shs
Market Capitalization
$4.63 billion
P/E Ratio
29.60
Dividend Yield
N/A
Price Target
$65.03

Alaska Air Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.6% Upside
$65.03 Price Target
Short Interest
Healthy
2.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.73mentions of Alaska Air Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.78%
From $6.03 to $6.68 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

25th out of 113 stocks

Air Transportation, Scheduled Industry

6th out of 17 stocks


ALK stock logo

About Alaska Air Group (NYSE:ALK) Stock

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 Price History

ALK Stock News Headlines

Southwest, American Descend as Delta, United in Holding Pattern (ALK)
The airline industry is grappling with soaring fuel costs, but Delta, United, and Panama's Copa are getting support at or above their 200-day moving averages.
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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: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
American And Southwest Airlines face a major strike risk
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Alaska Airlines Faces Industry Headwinds
Alaska Air Tightens Q3 Revenue Outlook
Alaska Air tightens revenue guidance as fuel prices jump
Alaska Air narrows Q3 revenue guidance
See More Headlines
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ALK Company Calendar

Last Earnings
7/25/2023
Today
9/28/2023
Next Earnings (Estimated)
10/19/2023
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
$65.03
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+78.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$58 million
Pretax Margin
2.19%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$7.46 per share
Book Value
$30.09 per share

Miscellaneous

Free Float
126,715,000
Market Cap
$4.63 billion
Optionable
Optionable
Beta
1.55

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Key Executives

  • Mr. Benito MinicucciMr. Benito Minicucci (Age 56)
    Pres, CEO & Director
    Comp: $2.6M
  • Mr. Shane R. TackettMr. Shane R. Tackett (Age 44)
    CFO & Exec. VP of Fin.
    Comp: $1.7M
  • Ms. Constance E. von Muehlen (Age 57)
    Exec. VP & COO of Alaska Airlines Inc
    Comp: $1.3M
  • Mr. Andrew R. HarrisonMr. Andrew R. Harrison (Age 52)
    Exec. VP & Chief Commercial Officer of Alaska Airlines Inc.
    Comp: $1.66M
  • Ms. Andrea L. SchneiderMs. Andrea L. Schneider (Age 58)
    Sr. VP of People - Alaska Airlines Inc
    Comp: $1.19M
  • Ms. Helvi Kay Sandvik (Age 65)
    Independent Director
    Comp: $105.18k
  • Ms. Emily Halverson
    VP of Fin., Controller & Principal Accounting Officer
  • Mr. Lavanya Sareen
    Managing Director of Investor Relations
  • Mr. Kyle B. LevineMr. Kyle B. Levine (Age 51)
    Chief Ethics & Compliance Officer, Sr. VP of Legal, Gen. Counsel and Corp. Sec.
  • Ms. Geni Venable
    Mang. of Corp. Communication













ALK Stock - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 1 hold rating, 8 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?

10 analysts have issued 12 month price targets for Alaska Air Group's stock. Their ALK share price forecasts range from $58.00 to $75.00. On average, they expect the company's share price to reach $65.03 in the next year. This suggests a possible upside of 78.6% 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 on January 1st, 2023. Since then, ALK stock has decreased by 15.2% and is now trading at $36.41.
View the best growth stocks for 2023 here
.

Are investors shorting Alaska Air Group?

Alaska Air Group saw a decline in short interest in September. As of September 15th, there was short interest totaling 3,760,000 shares, a decline of 7.2% from the August 31st total of 4,050,000 shares. Based on an average daily volume of 1,810,000 shares, the days-to-cover ratio is presently 2.1 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, October 19th 2023.
View our ALK earnings forecast
.

How were Alaska Air Group's earnings last quarter?

Alaska Air Group, Inc. (NYSE:ALK) posted its quarterly earnings results on Tuesday, July, 25th. The transportation company reported $3.00 earnings per share for the quarter, beating analysts' consensus estimates of $2.71 by $0.29. The transportation company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.77 billion. Alaska Air Group had a net margin of 1.55% and a trailing twelve-month return on equity of 19.66%. The business's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.19 EPS.
Read the conference call transcript
.

When did Alaska Air Group's stock split?

Alaska Air Group shares split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created shares were distributed 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 third quarter 2023 earnings guidance on Wednesday, September, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.86 billion-$2.88 billion, compared to the consensus revenue estimate of $2.88 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).

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 many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (6.28%), BlackRock Inc. (6.25%), Dimensional Fund Advisors LP (3.34%), State Street Corp (3.23%), LSV Asset Management (2.68%) and Boston Partners (2.21%). 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.

What is Alaska Air Group's stock price today?

One share of ALK stock can currently be purchased for approximately $36.41.

How much money does Alaska Air Group make?

Alaska Air Group (NYSE:ALK) has a market capitalization of $4.63 billion and generates $9.65 billion in revenue each year. The transportation company earns $58 million in net income (profit) each year or $1.23 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 9/28/2023 by MarketBeat.com Staff

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