Alaska Air Group Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 2 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Alaska Air Group stock.
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Alaska Air Group saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,230,000 shares, a drop of 41.4% from the December 31st total of 5,510,000 shares. Based on an average trading volume of 2,040,000 shares, the short-interest ratio is currently 1.6 days. Currently, 2.6% of the shares of the company are short sold.
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Alaska Air Group is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Alaska Air Group.

Alaska Air Group, Inc. (NYSE:ALK) posted its earnings results on Monday, January, 25th. The transportation company reported ($2.55) earnings per share for the quarter, topping the Zacks' consensus estimate of ($2.91) by $0.36. The transportation company had revenue of $808 million for the quarter, compared to analyst estimates of $813.37 million. Alaska Air Group had a negative net margin of 13.96% and a negative trailing twelve-month return on equity of 19.39%. The company's quarterly revenue was down 63.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.46 EPS.
View Alaska Air Group's earnings history.

Alaska Air Group's stock was trading at $45.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALK stock has increased by 42.3% and is now trading at $65.02.
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Alaska Air Group's stock 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 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 issued an update on its first quarter 2021 IntraDay earnings guidance on Tuesday, January, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $572.6-654.4 million, compared to the consensus revenue estimate of $899.99 million.

14 brokers have issued twelve-month price targets for Alaska Air Group's stock. Their forecasts range from $37.00 to $75.00. On average, they expect Alaska Air Group's share price to reach $54.20 in the next year. This suggests that the stock has a possible downside of 16.6%.
View analysts' price targets for Alaska Air Group or view top-rated stocks among Wall Street analysts.

391 employees have rated Alaska Air Group CEO Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among Alaska Air Group's employees.

Some companies that are related to Alaska Air Group include Southwest Airlines (LUV), Delta Air Lines (DAL), United Airlines (UAL), JetBlue Airways (JBLU), Allegiant Travel (ALGT), Copa (CPA), SkyWest (SKYW) and Hawaiian (HA).
View all of ALK's competitors.

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), The Walt Disney (DIS), Bank of America (BAC), The 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.48%), Price T Rowe Associates Inc. MD (7.41%), Primecap Management Co. CA (4.18%), Victory Capital Management Inc. (2.60%), Boston Partners (2.15%) and Dimensional Fund Advisors LP (2.04%). Company insiders that own Alaska Air Group stock include Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Brandon Pedersen, Chalmers David, Christopher Michael Berry, Helvi Kay Sandvik, Jessie J Knight Jr, Joseph A Sprague, 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 Causeway Capital Management LLC, Russell Investments Group Ltd., Diamond Hill Capital Management Inc., First Trust Advisors LP, Dimensional Fund Advisors LP, Baird Financial Group Inc., Duality Advisers LP, and Retirement Systems of Alabama. Company insiders that have sold Alaska Air Group company stock in the last year include Andrew R Harrison, Benito Minicucci, Christopher Michael Berry, Helvi Kay Sandvik, Joseph A Sprague, and Shane R Tackett.
View insider buying and selling activity for Alaska Air Group or view top insider-selling stocks.

ALK stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Price T Rowe Associates Inc. MD, Victory Capital Management Inc., BlackRock Inc., U S Global Investors Inc., SummerHaven Investment Management LLC, RWC Asset Management LLP, and Panagora Asset Management Inc.. Company insiders that have bought Alaska Air Group stock in the last two years include Christopher Michael Berry, Helvi Kay Sandvik, and Jessie J Knight Jr.
View insider buying and selling activity for Alaska Air Group or or view top insider-buying stocks.

Shares of ALK 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 $65.02.

Alaska Air Group has a market capitalization of $8.04 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 16,050 workers across the globe.

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

Alaska Air Group is headquartered at 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188.

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]