NYSE:ALK Alaska Air Group Stock Forecast, Price & News Adding Choose a watchlist: 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. $41.07 -0.47 (-1.13%) (As of 07/6/2022 12:00 AM ET) Add Compare Share Today's Range$40.69▼$42.1950-Day Range$38.68▼$55.5452-Week Range$38.19▼$63.76Volume1.17 million shsAverage Volume2.05 million shsMarket Capitalization$5.18 billionP/E Ratio11.16Dividend YieldN/APrice Target$74.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside80.5% Upside$74.14 Price TargetShort InterestHealthy3.37% of Float Sold ShortDividend StrengthN/ASustainability-5.64Upright™ Environmental ScoreNews Sentiment0.10Based on 7 Articles This WeekInsider TradingSelling Shares$93,940 Sold Last QuarterProj. Earnings Growth55.73%From $3.84 to $5.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.27 out of 5 starsTransportation Sector54th out of 176 stocksAir Transportation, Scheduled Industry6th out of 23 stocks 3.5 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $74.14, Alaska Air Group has a forecasted upside of 80.5% from its current price of $41.07.Amount of Analyst CoverageAlaska Air Group has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.37% of the float of Alaska Air Group has been sold short.Short Interest Ratio / Days to CoverAlaska Air Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alaska Air Group has recently decreased by 3.72%, indicating that investor sentiment is improving. 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 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlaska Air Group has received a -65.04% 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 1.7 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.10. 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 is a lower news sentiment than the 0.57 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Alaska Air Group this week, compared to 6 articles on an average week.Search InterestOnly 19 people have searched for ALK on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% 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 $93,940.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions72.26% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow by 55.73% in the coming year, from $3.84 to $5.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 11.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 94.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 11.16, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.90.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.35. 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 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 About Alaska Air Group (NYSE:ALK) StockAlaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.Read More ALK Stock News HeadlinesJune 20, 2022 | marketbeat.comBuy the Dip in These 3 Mid-Caps (ALK)Bullish fundamentals and supportive technicals suggest that investors should put some chips into these three mid-cap dips.July 5, 2022 | finance.yahoo.comFlight disruptions ease, Spirit Airlines postpones Frontier merger vote to July 8July 5, 2022 | marketwatch.comAlaska Air Group (ALK) Trading ReportJuly 2, 2022 | americanbankingnews.comBrokerages Set Alaska Air Group, Inc. (NYSE:ALK) PT at $74.14July 1, 2022 | finance.yahoo.comAirlines: 'A lot of stressors' leading to cancellations, flight attendant union president saysJune 30, 2022 | finance.yahoo.comU.S. Supreme Court rejects Alaska Airlines appeal in labor law disputeJune 30, 2022 | finance.yahoo.comUPDATE 1-U.S. Supreme Court rejects Alaska Airlines appeal in labor law disputeJune 29, 2022 | finance.yahoo.comSpirit Airlines CEO: JetBlue is being 'childish' with inflammatory rhetoricJune 29, 2022 | finance.yahoo.comWorkers at Sea-Tac Airport launch campaign for full-time hours, benefitsJune 28, 2022 | finance.yahoo.comAlaska Air Group (ALK) Stock Moves -0.22%: What You Should KnowJune 27, 2022 | bizjournals.comAlaska Airlines will still reimburse medical travel costs after abortion rulingJune 25, 2022 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Downgraded by Raymond JamesJune 24, 2022 | finance.yahoo.comAlaska Airlines will reimburse health travel costs after abortion rulingJune 24, 2022 | finance.yahoo.comWRAPUP 2-Disney, other U.S. companies offer abortion travel benefit after Roe decisionJune 23, 2022 | finance.yahoo.comRaymond James Shakes Up Ratings & Price Targets On Several US Airlines; Downgrades Alaska AirJune 22, 2022 | finance.yahoo.comAlaska Airlines reaches contract deal with some workersJune 22, 2022 | americanbankingnews.comAlaska Air Group, Inc. to Post Q2 2022 Earnings of $1.85 Per Share, Seaport Res Ptn Forecasts (NYSE:ALK)June 21, 2022 | finance.yahoo.comDallas City Council to consider settlement in lawsuit involving Southwest and Delta over Love Field gate spaceJune 20, 2022 | finance.yahoo.comAllegiant (ALGT) Stock Gains in Friday's Trading: Here's WhyJune 18, 2022 | americanbankingnews.comAlaska Air Group, Inc. Expected to Post Q4 2022 Earnings of $1.30 Per Share (NYSE:ALK)June 16, 2022 | finance.yahoo.comFormer Alaska Airlines executive named 2022 Tony Jannus Award winnerJune 16, 2022 | finance.yahoo.comHello there, Cleveland! Hey, Miami! Alaska Airlines now flies to two new destinationsJune 15, 2022 | nasdaq.comAlaska Air Group Inc. Shares Approach 52-Week Low - Market MoverJune 15, 2022 | finance.yahoo.comAre Options Traders Betting on a Big Move in Alaska Air Group (ALK) Stock?June 15, 2022 | finance.yahoo.comAfter Plunging 15.5% in 4 Weeks, Here's Why the Trend Might Reverse for Alaska Air (ALK)See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNYSE:ALK CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone(206) 392-5040Fax302-636-5454Employees22,833Year Founded1932Company Calendar Last Earnings4/21/2022Today7/06/2022Next Earnings (Estimated)7/28/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$74.14 High Stock Price Forecast$103.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+80.5%Consensus RatingBuy Rating Score (0-4)3 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.68 Trailing P/E Ratio11.16 Forward P/E Ratio10.70 P/E GrowthN/ANet Income$478 million Net Margins6.60% Pretax Margin8.44% Return on Equity0.36% Return on Assets0.09% Debt Debt-to-Equity Ratio0.57 Current Ratio0.87 Quick Ratio0.85 Sales & Book Value Annual Sales$6.18 billion Price / Sales0.84 Cash Flow$1.10 per share Price / Cash Flow37.38 Book Value$30.33 per share Price / Book1.35Miscellaneous Outstanding Shares126,092,000Free Float125,588,000Market Cap$5.18 billion OptionableOptionable Beta1.46 Social Links Alaska Air Group Frequently Asked Questions Should I buy or sell Alaska Air Group stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Alaska Air Group stock. View analyst ratings for Alaska Air Group or view top-rated stocks. What is Alaska Air Group's stock price forecast for 2022? 6 Wall Street analysts have issued 12-month price objectives for Alaska Air Group's shares. Their ALK stock forecasts range from $58.00 to $103.00. On average, they predict Alaska Air Group's stock price to reach $74.14 in the next year. This suggests a possible upside of 80.5% from the stock's current price. View analysts' price targets for Alaska Air Group or view top-rated stocks among Wall Street analysts. How has Alaska Air Group's stock performed in 2022? Alaska Air Group's stock was trading at $52.10 on January 1st, 2022. Since then, ALK shares have decreased by 21.2% and is now trading at $41.07. View the best growth stocks for 2022 here. When is Alaska Air Group's next earnings date? Alaska Air Group is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. 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 data on Thursday, April, 21st. The transportation company reported ($1.33) earnings per share for the quarter, beating the consensus estimate of ($1.58) by $0.25. The transportation company earned $1.68 billion during the quarter, compared to the consensus estimate of $1.66 billion. Alaska Air Group had a net margin of 6.60% and a trailing twelve-month return on equity of 0.36%. The company's quarterly revenue was up 110.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($3.51) earnings per share. View Alaska Air Group's earnings history. When did Alaska Air Group's stock split? How did Alaska Air Group's stock split work? Alaska Air Group shares split on the morning of 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 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 guidance has Alaska Air Group issued on next quarter's earnings? Alaska Air Group issued an update on its second quarter 2022 earnings guidance on Thursday, June, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.56 billion-$2.61 billion, compared to the consensus revenue estimate of $2.44 billion. Who are Alaska Air Group's key executives? Alaska Air Group's management team includes the following people: Mr. Benito Minicucci, Pres, CEO & Director (Age 55, Pay $1.61M) (LinkedIn Profile)Mr. Shane R. Tackett, CFO & Exec. VP of Fin. (Age 43, Pay $1.16M) (LinkedIn Profile)Ms. Constance E. von Muehlen, Exec. VP & COO of Alaska Airlines Inc (Age 56, Pay $928.88k)Mr. Andrew R. Harrison, Exec. VP & Chief Commercial Officer of Alaska Airlines Inc. (Age 51, Pay $1.12M) (LinkedIn Profile)Ms. Andrea L. Schneider, Sr. VP of People - Alaska Airlines Inc (Age 57, Pay $828.07k) (LinkedIn Profile)Ms. Helvi Kay Sandvik, Independent Director (Age 64, Pay $95.31k)Ms. Emily Halverson, Controller & Principal Accounting OfficerMr. Lavanya Sareen, Managing Director of Investor RelationsMr. Kyle B. Levine, Chief Ethics & Compliance Officer, Sr. VP of Legal, Gen. Counsel and Corp. Sec. (Age 50) (LinkedIn Profile)Ms. Geni Venable, Mang. of Corp. Communication What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO? 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. 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 Airlines (UAL), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW) and Hawaiian (HA). View all of ALK's 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), 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." 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 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 $41.07. How much money does Alaska Air Group make? Alaska Air Group (NYSE:ALK) has a market capitalization of $5.18 billion and generates $6.18 billion in revenue each year. The transportation company earns $478 million in net income (profit) each year or $3.68 on an earnings per share basis. How many employees does Alaska Air Group have? Alaska Air Group employs 22,833 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 When was Alaska Air Group founded? Alaska Air Group was founded in 1932. How can I contact Alaska Air Group? Alaska Air Group's mailing address is 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188. The official website for Alaska Air Group 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 7/6/2022 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. 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