Top-Rated Stocks NYSE:ALK Alaska Air Group - ALK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. $40.98 +0.35 (+0.86%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$40.74▼$41.4850-Day Range$38.13▼$53.5852-Week Range$37.19▼$61.55Volume1.75 million shsAverage Volume1.54 million shsMarket Capitalization$5.22 billionP/E Ratio95.30Dividend YieldN/APrice Target$65.05 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside58.7% Upside$65.05 Price TargetShort InterestHealthy3.04% of Shares Sold ShortDividend StrengthN/ASustainability-5.64Upright™ Environmental ScoreNews Sentiment0.59Based on 10 Articles This WeekInsider TradingSelling Shares$251,123 Sold Last QuarterProj. Earnings Growth16.47%From $5.95 to $6.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.93 out of 5 starsTransportation Sector9th out of 124 stocksAir Transportation, Scheduled Industry2nd out of 18 stocks 4.5 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.05, Alaska Air Group has a forecasted upside of 58.7% from its current price of $40.98.Amount of Analyst CoverageAlaska Air Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.04% of the outstanding shares of Alaska Air Group have been sold short.Short Interest Ratio / Days to CoverAlaska Air Group has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alaska Air Group has recently increased by 10.57%, indicating that investor sentiment is decreasing significantly. 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 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlaska Air Group has received a -81.18% net impact score from Upright. The largest negative impact of Alaska Air in category "GHG emissions" seems to be driven mostly by its "Air freight transport services", "Passenger air travel", and "Ramp handling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Alaska Air Group is -5.64. Previous Next 2.6 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Alaska Air Group this week, compared to 8 articles on an average week.Search Interest44 people have searched for ALK on MarketBeat in the last 30 days. This is an increase of 76% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% compared to the previous 30 days. Previous Next 2.5 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 $251,123.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions77.04% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow by 16.47% in the coming year, from $5.95 to $6.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 95.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 95.30, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 33.58.Price to Earnings Growth RatioAlaska Air Group has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alaska Air Group (NYSE:ALK) StockAlaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional, and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, Costa Rica and Belize. The Regional segment consists of Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment encompasses the capacity sold to Alaska under a CPA. The company was founded in 1985 and is headquartered in Seattle, WA.Read More Receive ALK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALK Stock News HeadlinesMarch 21, 2023 | marketbeat.comAre the Good Times Already in the Rearview Mirror for Airlines? (ALK)On March 13, 2023, United Airlines Holdings Inc. (NYSE: UAL) dropped a bombshell on investors. The company cut its Q1 2023 guidance dramatically, citingMarch 30, 2023 | finance.yahoo.comSpirit Airlines (SAVE) Rides on Air Travel Demand Amid Cost WoesMarch 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 29, 2023 | finance.yahoo.comHere's Why You Should Retain Expeditors (EXPD) Stock NowMarch 29, 2023 | finance.yahoo.comHere's Why You Should Retain United Airlines (UAL) Stock NowMarch 29, 2023 | finance.yahoo.comWhy You Should Retain Hawaiian Holdings (HA) in Your PortfolioMarch 29, 2023 | finance.yahoo.comZacks.com featured highlights Marcus, Skyline, Alaska Air, Preferred Bank and ICF InternationalMarch 26, 2023 | marketwatch.comAlaska Air Group $ALK Pivots Trading Plans and Risk ControlsMarch 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 24, 2023 | finance.yahoo.comNew York Community Bancorp Stock to Benefit From Signature Bank DealMarch 23, 2023 | marketwatch.comAlaska Air, Shell Set Sustainable-Aviation-Fuel Collaboration >ALKMarch 23, 2023 | finance.yahoo.comAlaska Airlines announces agreement with Shell Aviation to help expand sustainable aviation fuel market in Pacific NorthwestMarch 23, 2023 | finance.yahoo.comWhy You Should Retain JetBlue (JBLU) Stock in Portfolio NowMarch 22, 2023 | au.finance.yahoo.comAlaska Air Group, Inc. (ALK)March 22, 2023 | americanbankingnews.comZacks Research Weighs in on Alaska Air Group, Inc.'s Q4 2023 Earnings (NYSE:ALK)March 21, 2023 | finance.yahoo.comCanadian National (CNI), Unifor Sign Tentative Collective DealsMarch 20, 2023 | finance.yahoo.comDelta (DAL) to Boost Network by Adding New DestinationsMarch 20, 2023 | finance.yahoo.comCanadian Pacific (CP), TCRC-MWED Ink Tentative Collective DealMarch 19, 2023 | finance.yahoo.comAre Alaska Air Group, Inc.'s (NYSE:ALK) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?March 17, 2023 | marketwatch.comAlaska Air Group Inc. stock rises Thursday, still underperforms marketMarch 15, 2023 | bizjournals.comAlaska Airlines' outlook remains steady amid fuel price turbulenceMarch 15, 2023 | marketwatch.comAlaska Air Group Inc. stock underperforms Wednesday when compared to competitorsMarch 15, 2023 | finance.yahoo.comZacks Industry Outlook Highlights United Airlines, American Airlines and Alaska Air GroupMarch 14, 2023 | markets.businessinsider.comAlaska Air Group Affirms Q1 Capacity, Revenue, CASMex GuidanceMarch 13, 2023 | marketwatch.comAlaska Air Group Inc. stock falls Monday, underperforms marketMarch 13, 2023 | finance.yahoo.comBiden administration wants Congress to bar airlines from charging family seating feesMarch 13, 2023 | finance.yahoo.comTrinity (TRN) Expands Footprint With RSI Logistics BuyoutSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ALK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALK Company Calendar Last Earnings1/26/2023Today3/30/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNYSE:ALK CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone(206) 392-5040Fax302-636-5454Employees25,469Year Founded1932Price Target and Rating Average Stock Price Forecast$65.05 High Stock Price Forecast$91.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+58.7%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.43 Trailing P/E Ratio95.30 Forward P/E Ratio6.89 P/E Growth0.34Net Income$58 million Net Margins0.60% Pretax Margin0.82% Return on Equity14.75% Return on Assets3.85% Debt Debt-to-Equity Ratio0.86 Current Ratio0.68 Quick Ratio0.65 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.54 Cash Flow$8.05 per share Price / Cash Flow5.09 Book Value$30.09 per share Price / Book1.36Miscellaneous Outstanding Shares127,460,000Free Float127,032,000Market Cap$5.22 billion OptionableOptionable Beta1.54 Social Links Key ExecutivesBenito MinicucciPresident, Chief Executive Officer & DirectorConstance von MuehlenChief Operating OfficerShane R. TackettChief Financial Officer & Executive VP-FinanceVikram BaskaranVice President-Information Technology ServicesKyle B. LevineSecretary, SVP-Legal & General CounselKey CompetitorsCopaNYSE:CPAJetBlue AirwaysNASDAQ:JBLUAllegiant TravelNASDAQ:ALGTUnited AirlinesNASDAQ:UALSouthwest AirlinesNYSE:LUVView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 525 shares on 3/23/2023Ownership: 0.026%J Kenneth ThompsonSold 3,500 sharesTotal: $170,030.00 ($48.58/share)Rockefeller Capital Management L.P.Sold 1,551 shares on 3/6/2023Ownership: 0.016%Voya Investment Management LLCBought 2,166 shares on 2/28/2023Ownership: 0.035%Garde Capital Inc.Bought 816 shares on 2/24/2023Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions ALK Stock - Frequently Asked Questions Should I buy or sell Alaska Air Group stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALK shares. View ALK analyst ratings or view top-rated stocks. What is Alaska Air Group's stock price forecast for 2023? 13 Wall Street analysts have issued 12 month price objectives for Alaska Air Group's shares. Their ALK share price forecasts range from $50.00 to $91.00. On average, they anticipate the company's stock price to reach $65.05 in the next twelve months. This suggests a possible upside of 58.7% from the stock's current price. View analysts price targets for ALK or view top-rated stocks among Wall Street analysts. How have ALK shares performed in 2023? Alaska Air Group's stock was trading at $42.94 at the beginning of the year. Since then, ALK shares have decreased by 4.6% and is now trading at $40.98. View the best growth stocks for 2023 here. Are investors shorting Alaska Air Group? Alaska Air Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,870,000 shares, an increase of 10.6% from the February 28th total of 3,500,000 shares. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is presently 2.6 days. View Alaska Air Group's Short Interest. When is Alaska Air Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our ALK earnings forecast. How were Alaska Air Group's earnings last quarter? Alaska Air Group, Inc. (NYSE:ALK) announced its earnings results on Thursday, January, 26th. The transportation company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The transportation company earned $2.48 billion during the quarter, compared to analysts' expectations 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 company's revenue was up 30.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 earnings per share. Read the conference call transcript. What ETFs hold Alaska Air Group's stock? ETFs with the largest weight of Alaska Air Group (NYSE:ALK) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR), U.S. Global Jets ETF (JETS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), SPDR S&P Transportation ETF (XTN), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Invesco S&P 500 Equal Weight Industrials ETF (RGI), iShares U.S. Transportation ETF (IYT) and AI Powered Equity ETF (AIEQ). When did Alaska Air Group's stock split? 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 issued shares were distributed 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. What guidance has Alaska Air Group issued on next quarter's earnings? Alaska Air Group updated its first quarter 2023 earnings guidance on Friday, March, 17th. The company provided 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 $2.21 billion. What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO? 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. 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), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX). 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 number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (5.45%), Victory Capital Management Inc. (5.46%), Dimensional Fund Advisors LP (2.85%), Alliancebernstein L.P. (2.70%), Boston Partners (2.67%) and Morgan Stanley (2.18%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Christopher Michael Berry, J Kenneth Thompson, Jessie J Knight Jr, Joseph A Sprague, Kyle B Levine and Shane R Tackett. View institutional ownership trends. How do I buy shares of Alaska Air Group? 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. Compare Top Brokerages Here. What is Alaska Air Group's stock price today? One share of ALK stock can currently be purchased for approximately $40.98. How much money does Alaska Air Group make? Alaska Air Group (NYSE:ALK) has a market capitalization of $5.22 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. How many employees does Alaska Air Group have? The company employs 25,469 workers across the globe. Does Alaska Air Group have any subsidiaries? The following companies are subsidiares of Alaska Air Group: AAG Leasing Inc., AAG Real Property LLC., ASA Assurance Inc., ASA Beverages LLC., Alaska Airlines Inc., Horizon Air Industries Inc., McGee Air Services Inc., and Virgin America.Read More How can I contact Alaska Air Group? 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. This page (NYSE:ALK) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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