Followed 366 Times 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 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. $50.16 -0.86 (-1.69%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$50.03▼$51.5850-Day Range$41.30▼$51.3252-Week Range$38.19▼$61.55Volume1.11 million shsAverage Volume1.56 million shsMarket Capitalization$6.36 billionP/E Ratio116.65Dividend YieldN/APrice Target$63.08 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingModerate Buy2.85 Rating ScoreUpside/Downside26.6% Upside$63.50 Price TargetShort InterestHealthy2.64% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.64Upright™ Environmental ScoreNews Sentiment0.34Based on 37 Articles This WeekInsider TradingSelling Shares$81,093 Sold Last QuarterProj. Earnings Growth18.70%From $5.83 to $6.92 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.2.94 out of 5 starsTransportation Sector34th out of 122 stocksAir Transportation, Scheduled Industry4th out of 19 stocks 4.4 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.50, Alaska Air Group has a forecasted upside of 26.6% from its current price of $50.16.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 5.0 Short Interest Percentage of Shares Shorted2.64% 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 2.4, 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 19.08%, indicating that investor sentiment is improving significantly. Previous Next 0.8 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.Dividend CoverageThe dividend payout ratio of Alaska Air Group is 348.84%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Alaska Air Group will have a dividend payout ratio of 21.68% next year. This indicates that Alaska Air Group will be able to sustain or increase its dividend. 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 2.4 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.34. 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 0.54 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 37 news articles for Alaska Air Group this week, compared to 7 articles on an average week.Search InterestOnly 14 people have searched for ALK on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows366 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is an increase of 6,000% 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 $81,093.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow by 18.70% in the coming year, from $5.83 to $6.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 116.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 116.65, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 24.15.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.67. 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., 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 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 HeadlinesJanuary 18, 2023 | marketbeat.comCan Alaska Air Continue Soaring Above The Airline Industry? Alaska Air soared 11% last week on news that the company plans to recruit 3,500 new employees in a variety of roles and functions.January 17, 2023 | marketbeat.comUnited Airlines Soars Ahead of Earnings…Time to Deplane? (ALK)Sentiment around airline stocks has taken a dramatic turn in the new year - and United Airlines is leading the surge so far.January 31, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 29, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Upgraded at StockNews.comJanuary 28, 2023 | americanbankingnews.comBarclays Increases Alaska Air Group (NYSE:ALK) Price Target to $54.00January 27, 2023 | finance.yahoo.comCompany News for Jan 27, 2023January 27, 2023 | finance.yahoo.comAlaska Airlines’ Exposure to Tech Sector Hits Carrier’s Bottom LineJanuary 27, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Stock Rating Lowered by Wolfe ResearchJanuary 31, 2023 | UNKNOWN (Ad)Invest in Brooklyn Gin: Hot craft spirits opportunityGet in on an award winning company in the fast growing craft spirits marketJanuary 26, 2023 | seekingalpha.comAlaska Air Group, Inc. (ALK) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comAlaska Air (ALK) Q4 Earnings Surpass Estimates, Rise Y/YJanuary 26, 2023 | finance.yahoo.comAlaska Airlines expects PNW to drive growth after profitable yearJanuary 26, 2023 | finance.yahoo.comAlaska Air Group (ALK) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comAlaska Air (ALK) Q4 Earnings: Taking a Look at Key Metrics Versus EstimatesJanuary 26, 2023 | benzinga.comAlaska Air Group Q4 Earnings: Softening Corporate Demand And Flight Disruptions Weigh On BottomlineJanuary 26, 2023 | markets.businessinsider.comAlaska Air Group Inc. Q4 Profit Increases, but misses estimatesJanuary 26, 2023 | msn.comAlaska Air Group (ALK) Q4 Earnings Beat EstimatesJanuary 26, 2023 | finance.yahoo.comAlaska Air Group delivers strong fourth quarter 2022 and full-year resultsJanuary 25, 2023 | benzinga.comAlaska Air Group's Earnings OutlookJanuary 25, 2023 | finance.yahoo.comAlaska Airlines will serve your chardonnay in a paper cup, as the first carrier to cut in-flight plasticJanuary 25, 2023 | finance.yahoo.comAlaska Airlines eliminates inflight plastic cups: West Coast-based airline becomes first U.S. carrier to replace plastic with planet-friendly alternativeJanuary 24, 2023 | marketwatch.comAlaska Air Group Inc. stock falls Tuesday, underperforms marketJanuary 24, 2023 | finance.yahoo.comAlaska Airlines plans streaming-fast satellite Wi-Fi upgrades to our E175 regional jetsJanuary 20, 2023 | finance.yahoo.comAlaska Airlines CEO expects growth in 2023 despite turbulent economyJanuary 20, 2023 | americanbankingnews.comAlaska Air Group, Inc. (NYSE:ALK) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesJanuary 18, 2023 | finance.yahoo.comBest and Worst Airlines of 2022: The Effect of the Southwest MessJanuary 12, 2023 | finance.yahoo.comAlaska Airlines aims to hire more than 3,500 employees as travel demand reboundsSee 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 Earnings1/26/2023Today1/30/2023Next 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) 392-5040Fax302-636-5454Employees22,833Year Founded1932Price Target and Rating Average Stock Price Forecast$63.50 High Stock Price Forecast$91.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+25.8%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.43 Trailing P/E Ratio116.65 Forward P/E Ratio8.60 P/E GrowthN/ANet Income$58 million Net Margins0.60% Pretax Margin0.82% Return on Equity14.75% Return on Assets3.85% Debt Debt-to-Equity Ratio0.49 Current Ratio0.67 Quick Ratio0.65 Sales & Book Value Annual Sales$9.07 billion Price / Sales0.70 Cash Flow$7.53 per share Price / Cash Flow6.66 Book Value$30.09 per share Price / Book1.67Miscellaneous Outstanding Shares126,838,000Free Float126,331,000Market Cap$6.36 billion OptionableOptionable Beta1.43 Social Links Key ExecutivesMr. Benito Minicucci (Age 56)Pres, CEO & Director Comp: $1.61MMr. Shane R. Tackett (Age 44)CFO & Exec. VP of Fin. Comp: $1.16MMs. Constance E. von Muehlen (Age 57)Exec. VP & COO of Alaska Airlines Inc Comp: $928.88kMr. Andrew R. Harrison (Age 52)Exec. VP & Chief Commercial Officer of Alaska Airlines Inc. Comp: $1.12MMs. Andrea L. Schneider (Age 58)Sr. VP of People - Alaska Airlines Inc Comp: $828.07kMs. Helvi Kay Sandvik (Age 65)Independent Director Comp: $95.31kMs. Emily HalversonVP of Fin., Controller & Principal Accounting OfficerMr. Lavanya SareenManaging Director of Investor RelationsMr. Kyle B. Levine (Age 51)Chief Ethics & Compliance Officer, Sr. VP of Legal, Gen. Counsel and Corp. Sec. Ms. Geni VenableMang. of Corp. CommunicationMore ExecutivesKey CompetitorsCopaNYSE:CPAJetBlue AirwaysNASDAQ:JBLUUnited AirlinesNASDAQ:UALSouthwest AirlinesNYSE:LUVDelta Air LinesNYSE:DALView All CompetitorsInsiders & InstitutionsVersor Investments LPBought 1,295 shares on 1/30/2023Ownership: 0.017%International Assets Investment Management LLCBought 9,596 shares on 1/30/2023Ownership: 0.008%Concord Wealth PartnersBought 1,177 shares on 1/30/2023Ownership: 0.001%Signaturefd LLCSold 826 shares on 1/30/2023Ownership: 0.001%State of Michigan Retirement SystemBought 200 shares on 1/27/2023Ownership: 0.027%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 research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research 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 research analysts have issued 12-month price targets for Alaska Air Group's stock. Their ALK share price forecasts range from $50.00 to $91.00. On average, they predict the company's share price to reach $63.50 in the next twelve months. This suggests a possible upside of 26.6% 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 stock has increased by 16.8% and is now trading at $50.16. View the best growth stocks for 2023 here. Are investors shorting Alaska Air Group? Alaska Air Group saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 3,350,000 shares, a decline of 19.1% from the December 31st total of 4,140,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the short-interest ratio is presently 2.4 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) posted its quarterly earnings data on Thursday, January, 26th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. The transportation company had revenue of $2.48 billion for 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%. Alaska Air Group's revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.24 earnings per share. Read the conference call transcript. Is Alaska Air Group a good dividend stock? Alaska Air Group (NYSE:ALK) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 348.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALK will have a dividend payout ratio of 21.68% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALK. When did Alaska Air Group's stock split? Alaska Air Group's stock 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 issued 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 earnings guidance on Sunday, January, 29th. 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 $2.26 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 variety of institutional and retail investors. Top institutional shareholders include Deroy & Devereaux Private Investment Counsel Inc. (0.38%), Allspring Global Investments Holdings LLC (0.22%), Wedge Capital Management L L P NC (0.17%), National Bank of Canada FI (0.14%), Gateway Investment Advisers LLC (0.12%) and New York State Teachers Retirement System (0.11%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Christopher Michael Berry, Helvi Kay Sandvik, 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 $50.16. How much money does Alaska Air Group make? Alaska Air Group (NYSE:ALK) has a market capitalization of $6.36 billion and generates $9.07 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 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 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 1/31/2023 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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