Alaska Air Group - ALK Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALK shares.
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13 brokerages have issued 12-month target prices for Alaska Air Group's shares. Their ALK share price forecasts range from $50.00 to $91.00. On average, they predict the company's share price to reach $64.54 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for ALK or view top-rated stocks among Wall Street analysts.

Alaska Air Group's stock was trading at $42.94 at the beginning of 2023. Since then, ALK shares have increased by 24.5% and is now trading at $53.47.
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Alaska Air Group saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,350,000 shares, a decline of 19.1% from the December 31st total of 4,140,000 shares. Based on an average trading volume of 1,400,000 shares, the short-interest ratio is currently 2.4 days.
View Alaska Air Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our ALK earnings forecast.

Alaska Air Group, Inc. (NYSE:ALK) announced its quarterly earnings data on Thursday, January, 26th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.02. The transportation company had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.51 billion. Alaska Air Group had a trailing twelve-month return on equity of 14.75% and a net margin of 0.60%. The business's revenue was up 30.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 EPS.
Read the conference call transcript.

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 348.84%. 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 21.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALK.

Shares of Alaska Air Group split 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 market closes on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Alaska Air Group updated its earnings guidance on Sunday, January, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.17 billion-$2.22 billion, compared to the consensus revenue estimate of $2.26 billion.

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.

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).

Alaska Air Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALK."

Alaska Air Group's stock is owned by many different retail and institutional investors. Top institutional investors include U S Global Investors Inc. (1.11%), RWC Asset Management LLP (0.82%), Bank of Montreal Can (0.62%), Deroy & Devereaux Private Investment Counsel Inc. (0.38%), Allspring Global Investments Holdings LLC (0.22%) and Wedge Capital Management L L P NC (0.17%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Christopher Michael Berry, Helvi Kay Sandvik, J Kenneth Thompson, Jessie J Knight Jr, Joseph A Sprague, Kyle B Levine and Shane R Tackett.
View institutional ownership trends.

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.
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One share of ALK stock can currently be purchased for approximately $53.47.

Alaska Air Group (NYSE:ALK) has a market capitalization of $6.78 billion and generates $9.65 billion in revenue each year. The transportation company earns $58 million in net income (profit) each year or $0.43 on an earnings per share basis.

The company employs 22,833 workers across the globe.

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.