Top-Rated StocksTop-RatedNYSE:ALK Alaska Air Group (ALK) Stock Forecast, Price & News $36.41 -0.43 (-1.17%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$36.15▼$36.9650-Day Range$36.41▼$54.1552-Week Range$36.15▼$57.18Volume1.59 million shsAverage Volume1.65 million shsMarket Capitalization$4.63 billionP/E Ratio29.60Dividend YieldN/APrice Target$65.03 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside78.6% Upside$65.03 Price TargetShort InterestHealthy2.96% of Shares Sold ShortDividend StrengthN/ASustainability-5.64Upright™ Environmental ScoreNews Sentiment0.73Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth10.78%From $6.03 to $6.68 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.2.64 out of 5 starsTransportation Sector25th out of 113 stocksAir Transportation, Scheduled Industry6th out of 17 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 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.03, Alaska Air Group has a forecasted upside of 78.6% from its current price of $36.41.Amount of Analyst CoverageAlaska Air Group has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.96% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alaska Air Group has recently decreased by 7.16%, indicating that investor sentiment is improving 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 2.6 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.73. 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 8 news articles for Alaska Air Group this week, compared to 8 articles on an average week.Search Interest26 people have searched for ALK on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.MarketBeat Follows14 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Air Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.40% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions80.58% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow by 10.78% in the coming year, from $6.03 to $6.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 29.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 29.60, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.14.Price to Earnings Growth RatioAlaska Air Group has a PEG Ratio of 0.48. 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 1.21. 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., 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.Read More ALK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALK Stock News HeadlinesSeptember 12, 2023 | marketbeat.comSouthwest, 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.August 28, 2023 | marketbeat.com10 Best Airline Stocks to BuyThe 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.September 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.September 25, 2023 | finance.yahoo.comAlaska Airlines adds new nonstop between San Diego and AtlantaSeptember 22, 2023 | americanbankingnews.comAlaska Air Group, Inc. (NYSE:ALK) Receives Consensus Rating of "Buy" from BrokeragesSeptember 22, 2023 | finance.yahoo.comAlaska Air Group (ALK) Stock Moves -1.19%: What You Should KnowSeptember 22, 2023 | finance.yahoo.comAlaska Air Group (ALK) Stock Moves -1.19%: What You Should KnowSeptember 20, 2023 | finance.yahoo.comAmerican And Southwest Airlines face a major strike riskSeptember 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.September 20, 2023 | msn.comAlaska Airlines Faces Industry HeadwindsSeptember 20, 2023 | americanbankingnews.comInvestors Purchase High Volume of Alaska Air Group Put Options (NYSE:ALK)September 16, 2023 | finance.yahoo.comReturns On Capital Signal Tricky Times Ahead For Alaska Air Group (NYSE:ALK)September 13, 2023 | finance.yahoo.comSpirit Airlines, American Airlines cut forecasts citing higher fuel costsSeptember 8, 2023 | finance.yahoo.comAlaska Air Group to webcast from the Morgan Stanley 11th Annual Laguna ConferenceSeptember 8, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Alaska Air (ALK) Stock?September 6, 2023 | msn.comAirline Stocks to Keep an Eye on Amid Soaring Fuel Prices: United, Southwest, and Alaska AirSeptember 6, 2023 | markets.businessinsider.comAlaska Air Tightens Q3 Revenue OutlookSeptember 6, 2023 | proactiveinvestors.comAlaska Air tightens revenue guidance as fuel prices jumpSeptember 6, 2023 | msn.comAlaska Air narrows Q3 revenue guidanceSeptember 6, 2023 | finance.yahoo.comThree US airlines warn of higher fuel costs in third quarterSeptember 6, 2023 | finance.yahoo.comUPDATE 2-Three US airlines warn of higher fuel costs in third quarterSeptember 6, 2023 | finance.yahoo.comUS STOCKS-Futures fall as inflation concerns resurface, investors await economic dataSeptember 1, 2023 | bizjournals.comAlaska Airlines, hotels offer deals to spur Maui tourism and recoveryAugust 30, 2023 | finance.yahoo.comAlaska Airlines appoints new regional vice president for Hawai'iAugust 29, 2023 | finance.yahoo.comAlaska Airlines announces next step of biometric strategy with passport verification before international travelAugust 28, 2023 | msn.comAirline ETFs: What They Are and How to InvestAugust 27, 2023 | finance.yahoo.comIs Alaska Air Group, Inc.'s (NYSE:ALK) Recent Price Movement Underpinned By Its Weak Fundamentals?See More Headlines 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 Earnings7/25/2023Today9/28/2023Next Earnings (Estimated)10/19/2023Fiscal 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$65.03 High Stock Price Forecast$75.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+78.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.23 Trailing P/E Ratio29.60 Forward P/E Ratio6.04 P/E Growth0.48Net Income$58 million Net Margins1.55% Pretax Margin2.19% Return on Equity19.66% Return on Assets5.19% Debt Debt-to-Equity Ratio0.48 Current Ratio0.63 Quick Ratio0.61 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.48 Cash Flow$7.46 per share Price / Cash Flow4.88 Book Value$30.09 per share Price / Book1.21Miscellaneous Outstanding Shares127,220,000Free Float126,715,000Market Cap$4.63 billion OptionableOptionable Beta1.55 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Benito Minicucci (Age 56)Pres, CEO & Director Comp: $2.6MMr. Shane R. Tackett (Age 44)CFO & Exec. VP of Fin. Comp: $1.7MMs. Constance E. von Muehlen (Age 57)Exec. VP & COO of Alaska Airlines Inc Comp: $1.3MMr. Andrew R. Harrison (Age 52)Exec. VP & Chief Commercial Officer of Alaska Airlines Inc. Comp: $1.66MMs. Andrea L. Schneider (Age 58)Sr. VP of People - Alaska Airlines Inc Comp: $1.19MMs. Helvi Kay Sandvik (Age 65)Independent Director Comp: $105.18kMs. Emily HalversonVP of Fin., Controller & Principal Accounting OfficerMr. Lavanya SareenManaging Director of Investor RelationsMr. Kyle B. Levine (Age 51)Chief Ethics & Compliance Officer, Sr. VP of Legal, Gen. Counsel and Corp. Sec. Ms. Geni VenableMang. of Corp. CommunicationMore ExecutivesKey CompetitorsCopaNYSE:CPASkyWestNASDAQ:SKYWJetBlue AirwaysNASDAQ:JBLUAllegiant TravelNASDAQ:ALGTUnited AirlinesNASDAQ:UALView All CompetitorsInsiders & InstitutionsBarclays PLCBought 83,246 shares on 9/21/2023Ownership: 0.171%Tucker Asset Management LLCBought 664 shares on 9/8/2023Ownership: 0.001%Garde Capital Inc.Sold 11,925 shares on 8/29/2023Ownership: 0.012%Wolverine Trading LLCBought 28,600 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 5,113 shares on 8/22/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Alaska Air Group's stock? ETFs with the largest weight of Alaska Air Group (NYSE:ALK) stock in their portfolio include U.S. Global Jets ETF (JETS), American Customer Satisfaction ETF (ACSI), Invesco Leisure and Entertainment ETF (PEJ), iShares Focused Value Factor ETF (FOVL), SPDR S&P Transportation ETF (XTN), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Invesco S&P 500 Pure Value ETF (RPV) and iShares U.S. Transportation ETF (IYT). 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 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. 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