Southwest Airlines (LUV) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last twelve months. There are currently 8 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" LUV shares.
View LUV analyst ratings or view top-rated stocks.

14 brokerages have issued twelve-month price targets for Southwest Airlines' shares. Their LUV share price forecasts range from $38.00 to $63.00. On average, they anticipate the company's stock price to reach $44.71 in the next twelve months. This suggests a possible upside of 48.7% 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 at the beginning of 2023. Since then, LUV stock has decreased by 10.7% and is now trading at $30.07.
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Southwest Airlines saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 15,850,000 shares, an increase of 17.2% from the April 15th total of 13,520,000 shares. Based on an average daily volume of 6,840,000 shares, the days-to-cover ratio is presently 2.3 days.
View Southwest Airlines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our LUV earnings forecast.

Southwest Airlines Co. (NYSE:LUV) released its quarterly earnings data on Thursday, April, 27th. The airline reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.21) by $0.06. The airline had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.73 billion. Southwest Airlines had a trailing twelve-month return on equity of 6.99% and a net margin of 2.65%. Southwest Airlines's revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.32) earnings per share.
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Southwest Airlines announced a quarterly dividend on Wednesday, May 17th. Investors of record on Wednesday, June 21st will be paid a dividend of $0.18 per share on Wednesday, July 12th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Tuesday, June 20th.
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), Direxion Daily Transportation Bull 3X Shares (TPOR), ALPS Global Travel Beneficiaries ETF (JRNY), SPDR S&P Transportation ETF (XTN), God Bless America ETF (YALL) and Alpha Intelligent - Large Cap Value ETF (AILV).

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.41%. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LUV will have a dividend payout ratio of 18.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

Southwest Airlines updated its first quarter 2023 earnings guidance on Friday, March, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.68 billion-$5.77 billion, compared to the consensus revenue estimate of $5.73 billion.

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 number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.70%), Geode Capital Management LLC (2.06%), Artisan Partners Limited Partnership (1.85%), Provident Trust Co. (1.13%), U S Global Investors Inc. (1.09%) and Dimensional Fund Advisors LP (0.83%). 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.
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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 $30.07.

Southwest Airlines (NYSE:LUV) has a market capitalization of $17.89 billion and generates $23.81 billion in revenue each year. The airline earns $539 million in net income (profit) each year or $1.00 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.