NYSE:ALKAlaska Air Group Stock Price, Forecast & News

Alaska Air Group's stock was trading at $45.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALK stock has decreased by 30.8% and is now trading at $31.61. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 7 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alaska Air Group.

Alaska Air Group is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Alaska Air Group.

Alaska Air Group, Inc. (NYSE:ALK) issued its earnings results on Tuesday, January, 28th. The transportation company reported $1.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.41 by $0.05. The transportation company earned $2.23 billion during the quarter, compared to analysts' expectations of $2.22 billion. Alaska Air Group had a return on equity of 19.58% and a net margin of 8.76%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the company posted $0.75 earnings per share. View Alaska Air Group's earnings history.

Alaska Air Group announced a quarterly dividend on Tuesday, January 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.375 per share on Thursday, March 5th. This represents a $1.50 annualized dividend and a dividend yield of 4.75%. The ex-dividend date is Friday, February 14th. This is an increase from Alaska Air Group's previous quarterly dividend of $0.35. View Alaska Air Group's dividend history.

Alaska Air Group's stock 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 issued 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.

14 brokers have issued 12 month price targets for Alaska Air Group's shares. Their forecasts range from $37.00 to $80.00. On average, they anticipate Alaska Air Group's share price to reach $60.77 in the next twelve months. This suggests a possible upside of 92.2% from the stock's current price. View analysts' price targets for Alaska Air Group.

Press coverage about ALK stock has trended very negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alaska Air Group earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutAlaska Air Group.

Alaska Air Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 5,690,300 shares, an increase of 19.3% from the February 27th total of 4,770,000 shares. Based on an average daily trading volume, of 1,530,000 shares, the short-interest ratio is presently 3.7 days. Approximately 4.7% of the shares of the company are short sold. View Alaska Air Group's Current Options Chain.

Some companies that are related to Alaska Air Group include Southwest Airlines (LUV), Delta Air Lines (DAL), United Continental (UAL), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Walt Disney (DIS), Bank of America (BAC), NVIDIA (NVDA), CVS Health (CVS), Netflix (NFLX), Alibaba Group (BABA), Visa (V), Gilead Sciences (GILD) and Boeing (BA).

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 variety of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.08%), Alpine Global Management LLC (0.03%), State of Alaska Department of Revenue (0.02%) and Fulton Bank N.A. (0.01%). Company insiders that own Alaska Air Group stock include Andrea L Schneider, Andrew R Harrison, Brandon Pedersen, Chalmers David, Christopher Michael Berry, Helvi Kay Sandvik, J Kenneth Thompson, Kyle B Levine and Shane R Tackett. View institutional ownership trends for Alaska Air Group.

ALK stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Alpine Global Management LLC, Fulton Bank N.A., and State of Alaska Department of Revenue. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ALK stock can currently be purchased for approximately $31.61.

Alaska Air Group has a market capitalization of $3.87 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 24,000 workers across the globe. View additional information about Alaska Air Group.

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

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]