NYSE:ALKAlaska Air Group Stock Price, Forecast & News

Alaska Air Group's stock was trading at $45.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ALK shares have decreased by 25.2% and is now trading at $34.19. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alaska Air Group.

Alaska Air Group is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Alaska Air Group.

Alaska Air Group, Inc. (NYSE:ALK) released its earnings results on Tuesday, May, 5th. The transportation company reported ($0.82) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.27) by $0.45. The transportation company earned $1.64 billion during the quarter, compared to the consensus estimate of $1.71 billion. Alaska Air Group had a net margin of 6.24% and a return on equity of 16.29%. Alaska Air Group's quarterly revenue was down 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. View Alaska Air Group's earnings history.

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 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Alaska Air Group's previous quarterly dividend of $0.35. View Alaska Air Group's dividend history.

Alaska Air Group shares split before market open 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 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.

15 equities research analysts have issued twelve-month price targets for Alaska Air Group's shares. Their forecasts range from $31.00 to $80.00. On average, they anticipate Alaska Air Group's share price to reach $52.50 in the next twelve months. This suggests a possible upside of 53.6% from the stock's current price. View analysts' price targets for Alaska Air Group.

News headlines about ALK stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alaska Air Group earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAlaska 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 3,070,000 shares, an increase of 10.0% from the April 30th total of 2,790,000 shares. Based on an average trading volume of 3,020,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.5% of the company's shares are short sold. View Alaska Air Group's Current Options Chain.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Walt Disney (DIS), Bank of America (BAC), NVIDIA (NVDA), CVS Health (CVS), Gilead Sciences (GILD), Boeing (BA), Southwest Airlines (LUV), Netflix (NFLX) and Alibaba Group (BABA).

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

Alaska Air Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.05%), Primecap Management Co. CA (4.78%), State Street Corp (3.06%), Victory Capital Management Inc. (2.97%), Parnassus Investments CA (2.37%) and Alliancebernstein L.P. (1.67%). 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, Kyle B Levine and Shane R Tackett. View institutional ownership trends for Alaska Air Group.

ALK stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Alliancebernstein L.P., Principal Financial Group Inc., Par Capital Management Inc., Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., and Schroder Investment Management Group. Company insiders that have sold Alaska Air Group company stock in the last year include Andrea L Schneider, Brandon Pedersen, Helvi Kay Sandvik, Kyle B Levine, and Shane R Tackett. View insider buying and selling activity for Alaska Air Group.

ALK stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, AQR Capital Management LLC, U S Global Investors Inc., Advisor Group Holdings Inc., Scout Investments Inc., Bank of New York Mellon Corp, Carillon Tower Advisers Inc., and AJO LP. 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.

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.

One share of ALK stock can currently be purchased for approximately $34.19.

Alaska Air Group has a market capitalization of $4.19 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.

The official website for Alaska Air Group is www.alaskaair.com.

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]