Alaska Air Group Company Profile (NYSE:ALK)

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

Alaska Air Group announced a quarterly dividend on Friday, May 5th. Investors of record on Tuesday, May 23rd will be given a dividend of $0.30 per share on Thursday, June 8th. This represents a $1.20 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Friday, May 19th. View Alaska Air Group's Dividend History.

Alaska Air Group's stock 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 Alaska Air Group stock prior to the split would have 200 shares after the split.

Alaska Air Group, Inc. (NYSE:ALK) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $2.51 EPS for the quarter, missing analysts' consensus estimates of $2.52 by $0.01. The company earned $2.10 billion during the quarter, compared to the consensus estimate of $2.10 billion. Alaska Air Group had a return on equity of 30.01% and a net margin of 11.51%. The firm's revenue for the quarter was up 40.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.12 earnings per share. View Alaska Air Group's Earnings History.

10 brokerages have issued twelve-month price objectives for Alaska Air Group's stock. Their predictions range from $81.00 to $145.00. On average, they anticipate Alaska Air Group's share price to reach $103.78 in the next year. View Analyst Ratings for Alaska Air Group.

Here are some recent quotes from research analysts about Alaska Air Group stock:

• 1. According to Zacks Investment Research, "Alaska Air Group shares have outperformed the Zacks categorized Transportation-Airline industry over the last one month. The stock has been boosted by the strong traffic report for May.  The acquisition of Virgin America late last year has augmented its top line, courtesy increased passenger revenues. This buyout has resulted in the carrier expanding its presence particularly along the West Coast. The company's efforts to reward shareholders also raise optimism in the stock. However, costs related to the merger are hurting its bottom line. Moreover, higher fuel costs and labor expenses are expected to limit earnings growth, going forward. " (7/4/2017)
• 2. Stifel Nicolaus analysts commented, "Alaska reported its first quarter following the close of its Virgin America acquisition so results were fairly messy but, in general, results were generally in line with expectations while the guidance was generally better than expected. The 4Q RASM decline of 0.3% on a pro-forma basis was slightly better than expected. Management indicated that January RASM for Alaska standalone declined 3% y/y so we're modeling a ~1.5% decline for 1Q which assumes a modestly positive February and low single digit decline in March based on the shift of Easter into April. Alaska's 2017 CASM-ex guidance of flat y/y was better than expected as the company benefits from a favorable purchase accounting adjustment of ~$50m which benefits CASM-ex by roughly 1pt. Even without the purchase accounting benefit, it's a pretty impressive guidance out of the gate and reinforces the quality of management, in our view, though we question whether it was too aggressive relative to risk related to integration and recognizing cost synergies. While the very modest competitive capacity facing Alaska sets it up to perhaps surprise on the upside with RASM, we maintain our Hold over some concerns that cost headwinds associated with a new pilot agreement are more significant than some appreciate and could impair the bullish thesis predicated on attractive valuation." (2/9/2017)

Some companies that are related to Alaska Air Group include United Continental Holdings (UAL), International Consolidated Airlns Grp SA (IAG), Gol Linhas Aereas Inteligentes S.A. (GOL), JetBlue Airways Corporation (JBLU), China Southern Airlines Company Limited (ZNH), LATAM Airlines Group S.A. (LTM), Copa Holdings, S.A. (CPA), easyJet plc (EZJ), Spirit Airlines (SAVE), Hawaiian Holdings (HA), Azul SA (AZUL), SkyWest (SKYW), Wizz Air Holdings PLC (WIZZ), Avianca Holdings S.A. (AVH), Dart Group PLC (DTG), Era Group (ERA), Flybe Group PLC (FLYB) and Air Partner plc (AIP).

Alaska Air Group's management team includes the folowing people:

• Bradley Douglas Tilden, Chairman, President, Chief Executive Officer
• Brandon S. Pedersen, Executive Vice President - Finance, Chief Financial Officer
• David L. Campbell, Chief Executive Officer and President of Horizon Air
• Benito Minicucci, President, Chief Operating Officer of Alaska Airlines, Inc.; Chief Executive Officer of Virgin America Inc.
• Andrew Harrison, Executive Vice President; Chief Commercial Officer of Alaska Airlines, Inc.
• Kyle B. Levine, Vice President - Legal, General Counsel, Chief Ethics and Compliance Officer
• Patricia M. Bedient, Lead Independent Director
• Marion C. Blakey, Independent Director
• Phyllis J. Campbell, Independent Director
• Dhiren R. Fonseca, Independent Director

Alaska Air Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.32%), PGGM Investments (0.29%), Bank of Montreal Can (0.25%), Diamond Hill Capital Management Inc. (0.22%), Sit Investment Associates Inc. (0.21%) and First Quadrant L P CA (0.17%). Company insiders that own Alaska Air Group stock include Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Brandon Pedersen, Christopher Michael Berry, Dennis F Madsen, J Kenneth Thompson, Jessie J Knight Jr, Jessie J Knight, Jr, Joseph A Sprague, Katherine J Savitt, Kyle B Levine, Mark G Eliasen and Tamara S Young. View Institutional Ownership Trends for Alaska Air Group.

Alaska Air Group's stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Bank of Montreal Can, PGGM Investments, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Bowling Portfolio Management LLC, Affinity Investment Advisors LLC, NN Investment Partners Holdings N.V. and Legacy Private Trust Co.. Company insiders that have sold Alaska Air Group stock in the last year include Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Brandon Pedersen, Christopher Michael Berry, J Kenneth Thompson, Jessie J Knight Jr, Joseph A Sprague, Katherine J Savitt, Kyle B Levine, Mark G Eliasen and Tamara S Young. View Insider Buying and Selling for Alaska Air Group.

Alaska Air Group's stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Private Wealth Partners LLC, Russell Investments Group Ltd., First Quadrant L P CA, Investment House LLC, Baldwin Brothers Inc. MA, New England Research & Management Inc. and Oxbow Advisors LLC. View Insider Buying and Selling for Alaska Air Group.

Shares of Alaska Air Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alaska Air Group stock can currently be purchased for approximately $87.72.