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Biden's State of the Union to tout policy wins on economy
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Route to Super Bowl dangerous for Mexico's avocado haulers
A gold storm is coming… (Ad)
Iraqi currency crash halts after meeting with U.S. official
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
EU migration impasse leaves many refugees out in the cold
Biden's State of the Union to tout policy wins on economy
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Route to Super Bowl dangerous for Mexico's avocado haulers
A gold storm is coming… (Ad)
Iraqi currency crash halts after meeting with U.S. official
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
EU migration impasse leaves many refugees out in the cold
Biden's State of the Union to tout policy wins on economy
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Route to Super Bowl dangerous for Mexico's avocado haulers
A gold storm is coming… (Ad)
Iraqi currency crash halts after meeting with U.S. official
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
EU migration impasse leaves many refugees out in the cold
Biden's State of the Union to tout policy wins on economy

Alaska Air Group - ALK Stock Forecast, Price & News

$53.47
-0.11 (-0.21%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$52.80
$53.96
50-Day Range
$41.30
$53.58
52-Week Range
$38.19
$61.55
Volume
1.42 million shs
Average Volume
1.39 million shs
Market Capitalization
$6.78 billion
P/E Ratio
124.35
Dividend Yield
N/A
Price Target
$64.54

Alaska Air Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.85 Rating Score
Upside/​Downside
20.7% Upside
$64.54 Price Target
Short Interest
Healthy
2.64% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.36mentions of Alaska Air Group in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$81,093 Sold Last Quarter
Proj. Earnings Growth
15.35%
From $6.06 to $6.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Transportation Sector

7th out of 119 stocks

Air Transportation, Scheduled Industry

2nd out of 19 stocks

ALK stock logo

About Alaska Air Group (NYSE:ALK) Stock

Alaska 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 Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica. 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 (CPAs). The Horizon segment includes the capacity sold to Alaska under CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

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ALK Stock News Headlines

Analyzing Alaska Air's Recent Earnings
Alaska Air's results showed strength in earnings, revenue growth, and paying down its long-term debt. It's also eying further cost saving measures in the future
Can 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.
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
United 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.
StockNews.com Downgrades Alaska Air Group (NYSE:ALK) to Hold
SkyWest (SKYW) Q4 Earnings and Revenues Lag Estimates
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Alaska Air Group (NYSE:ALK) Upgraded at StockNews.com
Company News for Jan 27, 2023
Alaska Air Group (NYSE:ALK) Stock Rating Lowered by Wolfe Research
Alaska Air (ALK) Q4 Earnings Surpass Estimates, Rise Y/Y
See More Headlines
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ALK Company Calendar

Last Earnings
1/26/2023
Today
2/05/2023
Next Earnings (Estimated)
4/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
01165910
Employees
22,833
Year Founded
1932

Price Target and Rating

Average Stock Price Forecast
$64.54
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85
Research Coverage
13 Analysts

Profitability

Net Income
$58 million
Pretax Margin
0.82%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$7.66 per share
Book Value
$30.09 per share

Miscellaneous

Free Float
126,331,000
Market Cap
$6.78 billion
Optionable
Optionable
Beta
1.52

Social Links


Key Executives

  • Benito MinicucciBenito Minicucci
    President, Chief Executive Officer & Director
  • Constance von Muehlen
    Chief Operating Officer
  • Shane R. TackettShane R. Tackett
    Chief Financial Officer & Executive VP-Finance
  • Vikram Baskaran
    Vice President-Information Technology Services
  • Kyle B. LevineKyle B. Levine
    Secretary, Senior VP-Legal & General Counsel













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 twelve months. 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 analysts have issued 1 year price targets for Alaska Air Group's shares. Their ALK share price forecasts range from $50.00 to $91.00. On average, they expect the company's share price to reach $64.54 in the next year. This suggests a possible upside of 20.7% 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 on January 1st, 2023. Since then, ALK stock has increased by 24.5% and is now trading at $53.47.
View the best growth stocks for 2023 here
.

Are investors shorting Alaska Air Group?

Alaska Air Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,350,000 shares, a drop of 19.1% from the December 31st total of 4,140,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is currently 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 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 analyst estimates 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 firm's revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.24 earnings per share.
Read the conference call transcript
.

When did Alaska Air Group's stock split?

Shares of Alaska Air Group split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created 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 issued an update on 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 retail and institutional investors. Top institutional investors include U S Global Investors Inc. (1.11%), RWC Asset Management LLP (0.82%), Bank of Montreal Can (0.62%), Deroy & Devereaux Private Investment Counsel Inc. (0.38%), Allspring Global Investments Holdings LLC (0.22%) and Wedge Capital Management L L P NC (0.17%). 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 $53.47.

How much money does Alaska Air Group make?

Alaska Air Group (NYSE:ALK) has a market capitalization of $6.78 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 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 2/5/2023 by MarketBeat.com Staff