Southwest Airlines - LUV Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LUV shares.
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13 Wall Street analysts have issued 12 month target prices for Southwest Airlines' stock. Their LUV share price forecasts range from $39.00 to $72.00. On average, they expect the company's share price to reach $48.71 in the next year. This suggests a possible upside of 34.6% from the stock's current price.
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Southwest Airlines' stock was trading at $33.67 at the beginning of the year. Since then, LUV stock has increased by 7.5% and is now trading at $36.19.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LUV earnings forecast.

Southwest Airlines Co. (NYSE:LUV) posted its quarterly earnings data on Thursday, January, 26th. The airline reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.35. The airline earned $6.17 billion during the quarter, compared to analysts' expectations of $6.14 billion. Southwest Airlines had a net margin of 2.26% and a trailing twelve-month return on equity of 6.71%. The firm's revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share.
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Southwest Airlines declared a quarterly dividend on Wednesday, February 1st. Investors of record on Wednesday, March 8th will be given a dividend of $0.18 per share on Wednesday, March 29th. This represents a $0.72 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for LUV.

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.98%. The dividend payout ratio is 90.00%. 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 18.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

Southwest Airlines issued an update on its first quarter 2023 earnings guidance on Thursday, January, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.63 billion-$5.82 billion, compared to the consensus revenue estimate of $5.88 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 variety of institutional and retail investors. Top institutional investors include U S Global Investors Inc. (1.02%), Provident Trust Co. (0.43%), Oldfield Partners LLP (0.37%), Envestnet Asset Management Inc. (0.30%), TD Asset Management Inc (0.25%) and Fort Washington Investment Advisors Inc. OH (0.21%). Insiders that own company stock include Andrew M Watterson, Berkshire Hathaway Inc, De Ven Michael G Van, Gregory D Wells, John T Montford, 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 $36.19.

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.49 billion and generates $23.81 billion in revenue each year. The airline earns $539 million in net income (profit) each year or $0.80 on an earnings per share basis.

The company employs 55,100 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.