Southwest Airlines (LUV) Stock Forecast, Price & News

17 Wall Street equities 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 equities 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.

17 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 stock price to reach $36.99 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for LUV or view top-rated stocks among Wall Street analysts.

Southwest Airlines' stock was trading at $33.67 on January 1st, 2023. Since then, LUV shares have decreased by 15.3% and is now trading at $28.53.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our LUV earnings forecast.

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.

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

Southwest Airlines declared a quarterly dividend on Wednesday, August 2nd. Investors 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 2.52%. The ex-dividend date of this dividend is Tuesday, September 5th.
Read our dividend analysis for LUV.

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).

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.49%. 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.

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.

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).

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

Southwest Airlines' stock is owned by a variety of institutional and retail 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.

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.
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One share of LUV stock can currently be purchased for approximately $28.53.

Southwest Airlines (NYSE:LUV) has a market capitalization of $16.99 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.

The company employs 66,656 workers across the globe.

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.