NYSE:ALK Alaska Air Group Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $37.54 +0.84 (+2.29 %) (As of 09/28/2020 04:26 PM ET) Add Compare Share Today's Range$36.79Now: $37.54▼$38.2650-Day Range$35.43MA: $38.90▼$43.1252-Week Range$20.02Now: $37.54▼$72.22Volume111,014 shsAverage Volume2.84 million shsMarket Capitalization$4.64 billionP/E Ratio81.61Dividend YieldN/ABeta1.53 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It has a network of approximately 1,200 daily flights to 115 destinations across the United States, Mexico, Canada, and Costa Rica. The company was founded in 1932 and is based in Seattle, Washington.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.13, Alaska Air Group has a forecasted upside of 28.2% from its current price of $37.54.Amount of Analyst CoverageAlaska Air Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesAlaska Air Group has received 757 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlaska Air Group has received 611 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlaska Air Group has received 55.34% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Alaska Air Group and other stocks. Vote “Outperform” if you believe ALK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALK will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Air Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $275,963.00 in company stock.Percentage Held by InsidersOnly 0.47% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions73.06% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow in the coming year, from ($8.58) to $2.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 81.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 81.61, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 18.98.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.76 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNYSE:ALK Previous Symbol CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone206-392-5040Debt Debt-to-Equity Ratio0.40 Current Ratio0.79 Quick Ratio0.77Price-To-Earnings Trailing P/E Ratio81.61 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$8.78 billion Price / Sales0.53 Cash Flow$10.15 per share Price / Cash Flow3.70 Book Value$35.16 per share Price / Book1.07Profitability EPS (Most Recent Fiscal Year)$6.42 Net Income$769 million Net Margins0.85% Return on Equity-0.83% Return on Assets-0.25%Miscellaneous Employees24,000 Outstanding Shares123,640,000Market Cap$4.64 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $37.54 +0.84 (+2.29 %) (As of 09/28/2020 04:26 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ALK News and Ratings via Email Sign-up to receive the latest news and ratings for ALK and its competitors with MarketBeat's FREE daily newsletter. Alaska Air Group (NYSE:ALK) Frequently Asked Questions How has Alaska Air Group's stock price been impacted by Coronavirus? Alaska Air Group's stock was trading at $45.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ALK stock has decreased by 17.9% and is now trading at $37.54. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Alaska Air Group? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alaska Air Group. When is Alaska Air Group's next earnings date? Alaska Air Group is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for Alaska Air Group. How were Alaska Air Group's earnings last quarter? Alaska Air Group, Inc. (NYSE:ALK) released its quarterly earnings results on Thursday, July, 23rd. The transportation company reported ($3.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($3.39) by $0.15. The transportation company had revenue of $421 million for the quarter, compared to the consensus estimate of $336.31 million. Alaska Air Group had a negative return on equity of 0.83% and a net margin of 0.85%. Alaska Air Group's revenue for the quarter was down 81.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.17 earnings per share. View Alaska Air Group's earnings history. How often does Alaska Air Group pay dividends? What is the dividend yield for Alaska Air Group? Alaska Air Group announced a quarterly dividend on Tuesday, January 28th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.375 per share on Thursday, March 5th. This represents a $1.50 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Alaska Air Group's previous quarterly dividend of $0.35. View Alaska Air Group's dividend history. When did Alaska Air Group's stock split? How did Alaska Air Group's stock split work? Shares of Alaska Air Group split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created shares were payable to shareholders after the market closes on Wednesday, July 9th 2014. An investor that had 100 shares of Alaska Air Group stock prior to the split would have 200 shares after the split. What price target have analysts set for ALK? 13 Wall Street analysts have issued 12-month price objectives for Alaska Air Group's stock. Their forecasts range from $31.00 to $67.00. On average, they anticipate Alaska Air Group's share price to reach $48.13 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View analysts' price targets for Alaska Air Group. Are investors shorting Alaska Air Group? Alaska Air Group saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 3,700,000 shares, a decrease of 21.4% from the August 31st total of 4,710,000 shares. Based on an average daily volume of 2,420,000 shares, the short-interest ratio is presently 1.5 days. Approximately 3.0% of the shares of the stock are short sold. View Alaska Air Group's Short Interest. Who are some of Alaska Air Group's key competitors? Some companies that are related to Alaska Air Group include Southwest Airlines (LUV), Delta Air Lines (DAL), United Continental (UAL), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors. 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), Walt Disney (DIS), NVIDIA (NVDA), Bank of America (BAC), Boeing (BA), Netflix (NFLX), Gilead Sciences (GILD), American Airlines Group (AAL) and Intel (INTC). Who are Alaska Air Group's key executives? Alaska Air Group's management team includes the following people: Mr. Bradley D. Tilden, Chairman, CEO & Pres (Age 58)Mr. Brandon S. Pedersen CPA, CPA, CFO, Exec. VP of Fin. & Treasurer (Age 52)Mr. Benito Minicucci, Pres & COO of Alaska Airlines Inc and CEO of Virgin America Inc (Age 52)Mr. Andrew R. Harrison, Exec. VP & Chief Commercial Officer of Alaska Airlines Inc. (Age 48)Ms. Helvi Kay Sandvik, Independent Director (Age 61) 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.55%), FMR LLC (2.48%), Diamond Hill Capital Management Inc. (1.69%), Bank of New York Mellon Corp (1.17%), Victory Capital Management Inc. (1.16%) and U S Global Investors Inc. (1.03%). Company insiders that own Alaska Air Group stock include Andrea L Schneider, Andrew R Harrison, Brandon Pedersen, Chalmers David, Christopher Michael Berry, Helvi Kay Sandvik, J Kenneth Thompson, Joseph A Sprague, Kyle B Levine and Shane R Tackett. View institutional ownership trends for Alaska Air Group. Which major investors are selling Alaska Air Group stock? ALK stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Vanguard Group Inc., Par Capital Management Inc., Thompson Siegel & Walmsley LLC, TD Asset Management Inc., AQR Capital Management LLC, Point72 Asset Management L.P., and Advisor Group Holdings Inc.. Company insiders that have sold Alaska Air Group company stock in the last year include Andrea L Schneider, Andrew R Harrison, Brandon Pedersen, Helvi Kay Sandvik, Joseph A Sprague, and Shane R Tackett. View insider buying and selling activity for Alaska Air Group. Which major investors are buying Alaska Air Group stock? ALK stock was acquired by a variety of institutional investors in the last quarter, including U S Global Investors Inc., MERIAN GLOBAL INVESTORS UK Ltd, Baird Financial Group Inc., Russell Investments Group Ltd., Duality Advisers LP, Diamond Hill Capital Management Inc., First Trust Advisors LP, and Towle & Co.. Company insiders that have bought Alaska Air Group stock in the last two years include Christopher Michael Berry, and Helvi Kay Sandvik. View insider buying and selling activity for Alaska Air Group. How do I buy shares of Alaska Air Group? Shares of ALK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Alaska Air Group's stock price today? One share of ALK stock can currently be purchased for approximately $37.54. How big of a company is Alaska Air Group? Alaska Air Group has a market capitalization of $4.64 billion and generates $8.78 billion in revenue each year. The transportation company earns $769 million in net income (profit) each year or $6.42 on an earnings per share basis. Alaska Air Group employs 24,000 workers across the globe. What is Alaska Air Group's official website? The official website for Alaska Air Group is www.alaskaair.com. How can I contact Alaska Air Group? Alaska Air Group's mailing address is 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188. The transportation company can be reached via phone at 206-392-5040 or via email at [email protected] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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