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Most-Downgraded StocksMost-Downgraded
NYSE:LUV

Southwest Airlines (LUV) Stock Forecast, Price & News

$26.56
-0.94 (-3.42%)
(As of 09/26/2023 ET)
Compare
Today's Range
$26.55
▼
$27.61
50-Day Range
$27.50
▼
$37.35
52-Week Range
$26.55
▼
$40.38
Volume
10.13 million shs
Average Volume
7.13 million shs
Market Capitalization
$15.82 billion
P/E Ratio
30.18
Dividend Yield
2.71%
Price Target
$36.76
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Southwest Airlines MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
38.4% Upside
$36.76 Price Target
Short Interest
Healthy
3.51% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.11
Upright™ Environmental Score
News Sentiment
0.44mentions of Southwest Airlines in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
42.79%
From $2.01 to $2.87 Per Share

Overall MarketRank™

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

3.04 out of 5 stars

Transportation Sector

10th out of 113 stocks

Air Transportation, Scheduled Industry

2nd out of 17 stocks

See Top Rated MarketRank™ Stocks Here

LUV stock logo

About Southwest Airlines (NYSE:LUV) Stock

Founded in 1971, Southwest Airlines Co. is one of the world's most respected and awarded airlines. The company is known for offering customers great value and excellent service. Currently, Southwest Airlines Co. services 121 airports in 11 countries. The year 2021 marked the company's 51st anniversary, and it continues to work toward democratizing the sky by providing a reliable, low-cost air travel experience. More air travelers flying nonstop in the U.S. fly Southwest Airlines Co. than any other major airline. 

Southwest Airlines operates a large fleet of 771 Boeing 737 aircraft, making it the largest owner and operator of 737s in the world. It has traditionally only flown Boeing 737s, though it has leased other Boeing models for profitability and route testing. Southwest Airlines Co.'s fleet serves 121 destinations in 42 states, the District of Columbia and the Commonwealth of Puerto Rico, as well as in 10 other countries, including Mexico, the Caribbean and Central America.

Southwest Airlines Co. is based in Dallas and is famous for its employee-first corporate culture. The company has maintained an unprecedented record of no involuntary furloughs or layoffs in its 51-year history, providing employees stability and pride in their employer. Southwest Airlines Co. has led the industry with 47 consecutive years of profitability and growth.

Southwest Airlines Co. uses humor in its marketing, with slogans like "Love Is Still Our Field," "The Somebody Else Up There Who Loves You," "Just Plane Smart" and "You're Now Free to Move About the Country." To increase customer loyalty, the company launched a rewards program in 2011 that awards points for flights, hotel stays, car rentals and purchases at partner retailers, which consumers can redeem for free flights.

Southwest Airlines Co. has significantly influenced other low-cost carriers and the aviation industry as a whole. Its competitive strategy is to increase aircraft and employee productivity to reduce turnaround time at the gate. Ryanair and EasyJet have mirrored this rolling hub or point-to-point network strategy. 

Southwest has also had a lot of industry influence through its lobbying efforts, primarily to lobby against the development of high-speed rail systems in favor of providing more point-to-point flights between major cities. However, in recent years, Southwest Airlines Co. has been affected by customer lawsuits, flight delays and cancelations and system disruptions due to not investing in newer technologies.

Southwest Airlines Co. has provided value to its shareholders for many years, having returned more than $12.9 billion through stock repurchases and dividends as of March 2020. However, in the first quarter of 2020, the company had to suspend its dividend payments due to the uncertain market and COVID-19. On December 6, 2022, the board of directors decided to reinstate its quarterly cash dividend at 18 cents per share. This reinstated dividend equaled the expected dividend when it disappeared in 2020.

Southwest Airlines Co. is a leader in the aviation industry, providing great customer service, hospitality, employee stability and value to its shareholders.

LUV Price History

LUV Stock News Headlines

September 12, 2023 | marketbeat.com
Southwest, American Descend as Delta, United in Holding Pattern (LUV)
The airline industry is grappling with soaring fuel costs, but Delta, United, and Panama's Copa are getting support at or above their 200-day moving averages.
September 7, 2023 | marketbeat.com
Investigators say a blocked radio transmission led to a June close call between planes in San Diego
Investigators say a blocked radio transmission caused a close call between two passenger planes in San Diego in June
September 26, 2023 | Micro-Cap Stock Trader (Ad)
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
August 28, 2023 | marketbeat.com
Will Airline Stocks Recover? What is the Outlook? (LUV)
Will airline stock recover from pre-pandemic highs — ever? Learn more about the various airlines and how they’ve handled the recovery in a complex environment.
August 28, 2023 | marketbeat.com
Airline ETFs: What They Are and How to Invest (LUV)
Should you invest in an airline ETF? Do they fit your portfolio? Learn the tips and tricks of investing in airline ETFs with MarketBeat.
August 28, 2023 | marketbeat.com
Is American Airlines a Good Stock to Buy? (LUV)
Is American Airlines a good stock to buy? Here’s an analysis of the nation’s largest airline carrier to help you decide if American Airlines is a buy or sell.
August 28, 2023 | marketbeat.com
How to Buy Southwest Airlines Stock
Should you buy Southwest stock? Learn more about purchasing the low-cost airline and how to invest in Southwest Airlines.
August 28, 2023 | marketbeat.com
10 Best Airline Stocks to Buy (LUV)
The airline industry has seen tumultuous times over the past few years, so should you invest? Learn more about the best airline stock to buy on MarketBeat.
September 26, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
August 28, 2023 | marketbeat.com
Airline Stocks - Top Airline Stocks to Buy Now (LUV)
Airline stocks have historically been viewed as a bad investment, and it was the rare stock advisor who would suggest investing in the airline industry, but a growing number of passengers combined with more streamlined strategies have created more potential for the airline industry. Airline stocks may not be the biggest stock gainers, best growth stocks, or most active stocks, on Wall Street but they may still have a place in your portfolio. Though the last ten years may have made airline stocks look like a good investment, it’s also important to keep in mind that airline stocks may not perform as well during recessions, which have historically been difficult for airlines. For the time being, airline stocks have the potential to be a good investment as part of a diversified portfolio.
September 26, 2023 | msn.com
Airline stocks fall again, with Southwest and JetBlue shares at multiyear lows
September 26, 2023 | msn.com
Southwest Airlines Announces Major Fare Sale — But You Need To Act Fast
September 25, 2023 | finance.yahoo.com
Southwest Airlines Co (LUV): A Hidden Gem in the Aviation Industry?
September 25, 2023 | finance.yahoo.com
Southwest Airlines Co (LUV): Navigating Through Turbulence
September 24, 2023 | msn.com
Southwest CEO speaks out on the airline's labor woes
September 24, 2023 | finance.yahoo.com
Southwest Airlines speaks out about labor woes, pilot problems
September 23, 2023 | finance.yahoo.com
Southwest Airlines makes a technology fix passengers will hate
September 22, 2023 | finance.yahoo.com
SOUTHWEST AIRLINES RANKED BY FORTUNE AS ONE OF AMERICA'S MOST INNOVATIVE COMPANIES
September 21, 2023 | bizjournals.com
'We're nowhere near that': Southwest CEO says he is confident pilots will not strike
September 21, 2023 | finance.yahoo.com
Southwest Airlines (LUV) Stock Moves -0.84%: What You Should Know
September 21, 2023 | finance.yahoo.com
'We're nowhere near that': At Denver stop, Southwest CEO says he is confident pilots will not strike
September 21, 2023 | finance.yahoo.com
Airline Stocks Soared During the Last Government Shutdown. Why This Time Is Different.
September 20, 2023 | finance.yahoo.com
American, United, and Southwest passengers need to know this
September 19, 2023 | seekingalpha.com
Southwest Airlines: Up To 80% Undervalued If It Weren't For Macro Challenges
September 18, 2023 | americanbankingnews.com
Q3 2023 EPS Estimates for Southwest Airlines Co. Decreased by Zacks Research (NYSE:LUV)
September 16, 2023 | finance.yahoo.com
Unveiling Southwest Airlines Co (LUV)'s Value: Is It Really Priced Right? A Comprehensive Guide
September 15, 2023 | msn.com
Southwest Airlines has a passenger-cap problem at busy airport
See More Headlines
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LUV Company Calendar

Ex-Dividend for 7/12 Dividend
6/20/2023
Dividend Payable
7/12/2023
Last Earnings
7/27/2023
Ex-Dividend for 9/27 Dividend
9/05/2023
Today
9/26/2023
Dividend Payable
9/27/2023
Next Earnings (Confirmed)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Air transportation, scheduled
Sub-Industry
Airlines
Sector
Transportation
Current Symbol
NYSE:LUV
CUSIP
84474110
CIK
92380
Web
www.southwest.com
Phone
(214) 792-4000
Fax
214-792-5015
Employees
66,656
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$36.76
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+36.7%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
17 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.88
Trailing P/E Ratio
30.56
Forward P/E Ratio
13.38
P/E Growth
0.57
Net Income
$539 million
Net Margins
2.31%
Pretax Margin
2.98%
Return on Equity
5.81%
Return on Assets
1.73%

Debt

Debt-to-Equity Ratio
0.74
Current Ratio
1.25
Quick Ratio
1.19

Sales & Book Value

Annual Sales
$23.81 billion
Price / Sales
0.67
Cash Flow
$3.35 per share
Price / Cash Flow
8.03
Book Value
$18.00 per share
Price / Book
1.49

Miscellaneous

Outstanding Shares
595,630,000
Free Float
593,847,000
Market Cap
$16.02 billion
Optionable
Optionable
Beta
1.17

Social Links

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Get This Free Report

Key Executives

  • Mr. Gary C. Kelly (Age 68)
    Exec. Chairman
  • Mr. Robert E. Jordan (Age 62)
    CEO, Pres & Director
  • Ms. Tammy RomoMs. Tammy Romo (Age 61)
    Exec. VP & CFO
  • Mr. Andrew M. WattersonMr. Andrew M. Watterson (Age 56)
    Chief Operating Officer
    Comp: $1.14M
  • Mr. Mark R. Shaw (Age 60)
    Exec. VP, Chief Legal & Regulatory Officer and Corp. Sec.
    Comp: $953.96k
  • Mr. Ray Schuster
    Managing Director of Accounting & Financial Reporting
  • Mr. Thomas Merritt
    VP of Technology – Infrastructure & Services and CTO
  • Ms. Lauren Woods
    Sr. VP of Technology & Chief Information Officer
  • Ms. Linda Burke Rutherford (Age 56)
    Chief Admin. & Communications Officer
  • Mr. Dave Harvey
    VP & Chief Sales Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













LUV Stock - Frequently Asked Questions

Should I buy or sell Southwest Airlines stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 2 sell ratings, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LUV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUV, but not buy additional shares or sell existing shares.
View LUV analyst ratings or view top-rated stocks.

What is Southwest Airlines' stock price forecast for 2023?

17 Wall Street analysts have issued twelve-month price targets for Southwest Airlines' stock. Their LUV share price forecasts range from $25.00 to $55.00. On average, they expect the company's share price to reach $36.76 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price.
View analysts price targets for LUV or view top-rated stocks among Wall Street analysts.

How have LUV shares performed in 2023?

Southwest Airlines' stock was trading at $33.67 at the beginning of the year. Since then, LUV shares have decreased by 20.1% and is now trading at $26.89.
View the best growth stocks for 2023 here.

When is Southwest Airlines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our LUV earnings forecast.

How can I listen to Southwest Airlines' earnings call?

Southwest Airlines will be holding an earnings conference call on Thursday, October 26th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co. (NYSE:LUV) announced its quarterly earnings results on Thursday, July, 27th. The airline reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.01. The airline had revenue of $7.04 billion for the quarter, compared to analyst estimates of $6.98 billion. Southwest Airlines had a net margin of 2.31% and a trailing twelve-month return on equity of 5.81%. Southwest Airlines's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.30 EPS.
Read the conference call transcript.

How often does Southwest Airlines pay dividends? What is the dividend yield for Southwest Airlines?

Southwest Airlines announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.18 per share on Wednesday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for LUV.

What ETFs hold Southwest Airlines' stock?

ETFs with the largest weight of Southwest Airlines (NYSE:LUV) stock in their portfolio include U.S. Global Jets ETF (JETS), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), ALPS Global Travel Beneficiaries ETF (JRNY), Direxion Daily Transportation Bull 3X Shares (TPOR), SPDR S&P Transportation ETF (XTN), God Bless America ETF (YALL) and Cultivar ETF (CVAR).

Is Southwest Airlines a good dividend stock?

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.57%. The dividend payout ratio is 81.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LUV will have a dividend payout ratio of 25.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

What is Gary C. Kelly's approval rating as Southwest Airlines' CEO?

1,507 employees have rated Southwest Airlines Chief Executive Officer Gary C. Kelly on Glassdoor.com. Gary C. Kelly has an approval rating of 94% among the company's employees. This puts Gary C. Kelly in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Southwest Airlines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Airlines investors own include Delta Air Lines (DAL), NVIDIA (NVDA), Walt Disney (DIS), Boeing (BA), Bank of America (BAC), AT&T (T), Tesla (TSLA), Alibaba Group (BABA), Micron Technology (MU) and Netflix (NFLX).

What is Southwest Airlines' stock symbol?

Southwest Airlines trades on the New York Stock Exchange (NYSE) under the ticker symbol "LUV."

Who are Southwest Airlines' major shareholders?

Southwest Airlines' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (4.91%), Capital World Investors (2.55%), Geode Capital Management LLC (2.10%), Artisan Partners Limited Partnership (1.85%), Provident Trust Co. (1.21%) and U S Global Investors Inc. (0.95%). Insiders that own company stock include Andrew M Watterson, De Ven Michael G Van, Gregory D Wells, John T Montford, Ryan C Green, Tammy Romo, Thomas M Nealon and Thomas W Gilligan.
View institutional ownership trends.

How do I buy shares of Southwest Airlines?

Shares of LUV 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 Southwest Airlines' stock price today?

One share of LUV stock can currently be purchased for approximately $26.89.

How much money does Southwest Airlines make?

Southwest Airlines (NYSE:LUV) has a market capitalization of $16.02 billion and generates $23.81 billion in revenue each year. The airline earns $539 million in net income (profit) each year or $0.88 on an earnings per share basis.

How many employees does Southwest Airlines have?

The company employs 66,656 workers across the globe.

Does Southwest Airlines have any subsidiaries?
The following companies are subsidiares of Southwest Airlines: AirTran Airways, AirTran Airways 717 Leasing Corporation, AirTran Airways Inc., AirTran Holdings LLC, Morris Air, Southwest Jet Fuel Co., TranStar Airlines, and Triple Crown Assurance Co..
Read More
How can I contact Southwest Airlines?

Southwest Airlines' mailing address is 2702 LOVE FIELD DRIVE P O BOX 36611, DALLAS TX, 75235. The official website for the company is www.southwest.com. The airline can be reached via phone at (214) 792-4000 or via fax at 214-792-5015.

This page (NYSE:LUV) was last updated on 9/26/2023 by MarketBeat.com Staff

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