Alaska Air Group Company Profile (NYSE:ALK)

Alaska Air Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALK."

Alaska Air Group announced a quarterly dividend on Friday, August 4th. Shareholders of record on Tuesday, August 22nd will be paid a dividend of $0.30 per share on Thursday, September 7th. This represents a $1.20 annualized dividend and a yield of 1.61%. The ex-dividend date is Friday, August 18th. View Alaska Air Group's Dividend History.

Shares of Alaska Air Group split before market open on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created shares were distributed 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.

Alaska Air Group, Inc. (NYSE:ALK) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $2.51 EPS for the quarter, missing analysts' consensus estimates of $2.52 by $0.01. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.10 billion. Alaska Air Group had a return on equity of 30.04% and a net margin of 11.02%. The company's revenue was up 40.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.12 EPS. View Alaska Air Group's Earnings History.

Alaska Air Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for Alaska Air Group.

9 brokerages have issued 12-month price objectives for Alaska Air Group's shares. Their predictions range from $81.00 to $125.00. On average, they anticipate Alaska Air Group's share price to reach $102.50 in the next twelve months. View Analyst Ratings for Alaska Air Group.

Here are some recent quotes from research analysts about Alaska Air Group stock:

• 1. According to Zacks Investment Research, "Shares of Alaka Air Group have underperformed its industry on a year-to-date basis mainly due to escalating expenses. Increased labor costs are expected to hurt the company's bottom line in the third quarter of 2017, just like the second quarter. The rise in fuel costs is also projected to limit bottom-line growth. Moreover, costs related to the Virgin America acquisition should be a drag on earnings. In fact, the negative sentiment surrounding the stock can be made out from the fact that the Zacks Consensus Estimate for current-quarter earnings has been revised 3.9% downward in the last 30 days. We are, however, impressed by the company’s efforts to reward shareholders through dividends and buybacks." (9/12/2017)
• 2. Stifel Nicolaus analysts commented, "Alaska reported its first quarter following the close of its Virgin America acquisition so results were fairly messy but, in general, results were generally in line with expectations while the guidance was generally better than expected. The 4Q RASM decline of 0.3% on a pro-forma basis was slightly better than expected. Management indicated that January RASM for Alaska standalone declined 3% y/y so we're modeling a ~1.5% decline for 1Q which assumes a modestly positive February and low single digit decline in March based on the shift of Easter into April. Alaska's 2017 CASM-ex guidance of flat y/y was better than expected as the company benefits from a favorable purchase accounting adjustment of ~$50m which benefits CASM-ex by roughly 1pt. Even without the purchase accounting benefit, it's a pretty impressive guidance out of the gate and reinforces the quality of management, in our view, though we question whether it was too aggressive relative to risk related to integration and recognizing cost synergies. While the very modest competitive capacity facing Alaska sets it up to perhaps surprise on the upside with RASM, we maintain our Hold over some concerns that cost headwinds associated with a new pilot agreement are more significant than some appreciate and could impair the bullish thesis predicated on attractive valuation." (2/9/2017)

Some companies that are related to Alaska Air Group include United Continental Holdings (UAL), International Consolidated Airlns Grp SA (IAG), LATAM Airlines Group S.A. (LTM), China Southern Airlines Company Limited (ZNH), JetBlue Airways Corporation (JBLU), Copa Holdings, S.A. (CPA), easyJet plc (EZJ), Azul SA (AZUL), Spirit Airlines (SAVE), SkyWest (SKYW), Hawaiian Holdings (HA), Wizz Air Holdings PLC (WIZZ), Avianca Holdings S.A. (AVH), Dart Group PLC (DTG), Era Group (ERA), Flybe Group PLC (FLYB), Air Partner plc (AIP) and Fastjet PLC (FJET).

Alaska Air Group's management team includes the folowing people:

• Bradley Douglas Tilden, Chairman, President, Chief Executive Officer
• Brandon S. Pedersen, Executive Vice President - Finance, Chief Financial Officer
• David L. Campbell, Chief Executive Officer and President of Horizon Air
• Benito Minicucci, President, Chief Operating Officer of Alaska Airlines, Inc.; Chief Executive Officer of Virgin America Inc.
• Andrew Harrison, Executive Vice President; Chief Commercial Officer of Alaska Airlines, Inc.
• Kyle B. Levine, Vice President - Legal, General Counsel, Chief Ethics and Compliance Officer
• Patricia M. Bedient, Lead Independent Director
• James A. Beer, Director
• Marion C. Blakey, Independent Director
• Phyllis J. Campbell, Independent Director

Alaska Air Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.58%), BlackRock Inc. (5.48%), State Street Corp (3.55%), Franklin Resources Inc. (2.71%), Egerton Capital UK LLP (2.39%) and Bank of New York Mellon Corp (1.78%). Company insiders that own Alaska Air Group stock include Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Brandon Pedersen, Christopher Michael Berry, Dennis F Madsen, J Kenneth Thompson, Jessie J Knight Jr, Jessie J Knight, Jr, Joseph A Sprague, Katherine J Savitt, Kyle B Levine, Mark G Eliasen and Tamara S Young. View Institutional Ownership Trends for Alaska Air Group.

Alaska Air Group's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Lord Abbett & CO. LLC, AJO LP, FMR LLC, James Investment Research Inc., BlackRock Inc., State Street Corp and Wells Fargo & Company MN. Company insiders that have sold Alaska Air Group stock in the last year include Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Brandon Pedersen, Christopher Michael Berry, J Kenneth Thompson, Jessie J Knight Jr, Joseph A Sprague, Katherine J Savitt, Kyle B Levine and Mark G Eliasen. View Insider Buying and Selling for Alaska Air Group.

Alaska Air Group's stock was purchased by a variety of institutional investors in the last quarter, including Egerton Capital UK LLP, Principal Financial Group Inc., Janus Henderson Group PLC, State of New Jersey Common Pension Fund D, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, Mckinley Capital Management LLC Delaware and Vanguard Group Inc.. View Insider Buying and Selling for Alaska Air Group.

Shares of Alaska Air Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alaska Air Group stock can currently be purchased for approximately $74.75.