NYSE:LUV

Southwest Airlines - LUV Stock Forecast, Price & News

$40.08

+0.17 (+0.43%)

(As of 12/1/2022 12:00 AM ET)

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Today's Range: $39.71
▼
$40.20
50-Day Range: $30.84
▼
$39.91
52-Week Range: $30.20
▼
$50.10

Volume: 5.18 million shs
Average Volume: 6.37 million shs
Market Capitalization: $23.80 billion

P/E Ratio: 31.31
Dividend Yield: N/A
Price Target: $49.76

Southwest Airlines MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 25.3% Upside
$50.24 Price Target
Short Interest: Healthy
1.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: -7.11
Upright™ Environmental Score
News Sentiment: 0.36
Based on 5 Articles This Week
Insider Trading: Selling Shares
$87,458 Sold Last Quarter
Proj. Earnings Growth: 40.61%
From $2.29 to $3.22 Per Share

Overall MarketRank^™

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

2.41 out of 5 stars

Transportation Sector

52nd out of 124 stocks

Air Transportation, Scheduled Industry

6th out of 20 stocks

3.3

Analyst's Opinion

Consensus Rating
Southwest Airlines has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $50.24, Southwest Airlines has a forecasted upside of 25.3% from its current price of $40.08.
Amount of Analyst Coverage
Southwest Airlines has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.54% of the float of Southwest Airlines has been sold short.
Short Interest Ratio / Days to Cover
Southwest Airlines has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Southwest Airlines has recently decreased by 9.80%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Southwest Airlines does not currently pay a dividend.
Dividend Growth
Southwest Airlines does not have a long track record of dividend growth.

0.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Southwest Airlines has received a -81.64% net impact score from Upright. The largest negative impact of Southwest Airlines in category "GHG emissions" seems to be driven mostly by its "Low-cost air travel on domestic flights", "Economy air travel on domestic flights", and "Low-cost air travel on international flights" products. See details.
Environmental Sustainability
The Environmental Impact score for Southwest Airlines is -7.11.

1.3

News and Social Media Coverage

News Sentiment
Southwest Airlines has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Southwest Airlines this week, compared to 12 articles on an average week.
Search Interest
Only 44 people have searched for LUV on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.
MarketBeat Follows
Only 15 people have added Southwest Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southwest Airlines insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $87,458.00 in company stock.
Percentage Held by Insiders
Only 0.32% of the stock of Southwest Airlines is held by insiders.
Percentage Held by Institutions
76.40% of the stock of Southwest Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Southwest Airlines are expected to grow by 40.61% in the coming year, from $2.29 to $3.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southwest Airlines is 31.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southwest Airlines is 31.31, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 26.07.
Price to Earnings Growth Ratio
Southwest Airlines has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Southwest Airlines has a P/B Ratio of 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Southwest Airlines (NYSE:LUV) Stock

Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.

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LUV Stock News Headlines

November 4, 2022 | marketbeat.com

US employers are hiring briskly even in face of rate hikes

America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation

December 1, 2022 | finance.yahoo.com

Delta, Frontier and Allegiant cut RDU flights

November 30, 2022 | finance.yahoo.com

Southwest Airlines Co. 2022 Investor Day

November 28, 2022 | seekingalpha.com

Southwest Airlines is a top airline stock at CFRA

November 24, 2022 | msn.com

Here's How Much $100 Invested In Southwest Airlines 10 Years Ago Would Be Worth Today

November 24, 2022 | finance.yahoo.com

Southwest Airlines (LUV) is a Top-Ranked Value Stock: Should You Buy?

November 23, 2022 | finance.yahoo.com

Why Southwest Airlines (LUV) Stock Might be a Great Pick

November 21, 2022 | nasdaq.com

U.S. voids class action against Boeing, Southwest over MAX 8 safety

November 21, 2022 | msn.com

U.S. court voids class action against Boeing, Southwest over 737 MAX safety

November 21, 2022 | finance.yahoo.com

Boeing, Southwest defeat class actions over 737 MAX safety

November 21, 2022 | finance.yahoo.com

UPDATE 2-Boeing, Southwest defeat class actions over 737 MAX safety

November 21, 2022 | finance.yahoo.com

Airlines Brace for Thanksgiving Travel. Remote Workers Will Complicate Things.

November 20, 2022 | finance.yahoo.com

Southwest Airlines Big Problem Is Bad News for Holiday Travel

November 16, 2022 | finance.yahoo.com

Southwest Airlines Co. (NYSE:LUV) institutional owners may be pleased with recent gains after 19% loss over the past year

November 15, 2022 | finance.yahoo.com

Here's Why Your Southwest Flight Will Cost More

November 15, 2022 | finance.yahoo.com

RDU secures Breeze Airways, three more flights starting in 2023

November 14, 2022 | finance.yahoo.com

Southwest Airlines executive talks RDU growth, new flights

November 9, 2022 | msn.com

There's A New Way To Find Cheap Southwest Flights

November 5, 2022 | nasdaq.com

Why You Should Buy the Dip on Southwest Airlines

November 4, 2022 | finance.yahoo.com

Southwest Airlines Closer to Solving Its Biggest Problem

November 1, 2022 | finance.yahoo.com

Southwest Airlines launching RDU to New Orleans flights in 2023

November 1, 2022 | finance.yahoo.com

Southwest Airlines Takes a Step Toward Solving a Huge Problem

October 31, 2022 | bizjournals.com

Southwest Airlines has room to restore flights at these 11 airports

October 30, 2022 | seekingalpha.com

Southwest Airlines: Great Business, Greater Opportunity

October 30, 2022 | finance.yahoo.com

(Countdown): U.S airlines ranked by consumer complaints

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30 days | 90 days | 365 days | Advanced Chart

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LUV Company Calendar

Last Earnings: 10/27/2022
Today: 12/02/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/26/2023

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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: 55,100
Year Founded: 1967

Price Target and Rating

Average Stock Price Forecast: $50.24
High Stock Price Forecast: $72.00
Low Stock Price Forecast: $36.00
Forecasted Upside/Downside: +24.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.28
Trailing P/E Ratio: 31.31
Forward P/E Ratio: 17.50
P/E Growth: 2.86
Net Income: $977 million
Net Margins: 3.64%
Pretax Margin: 4.80%
Return on Equity: 9.66%
Return on Assets: 2.80%

Debt

Debt-to-Equity Ratio: 0.76
Current Ratio: 1.58
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $15.79 billion
Price / Sales: 1.51
Cash Flow: $0.00 per share
Price / Cash Flow: 23,233.10
Book Value: $18.40 per share
Price / Book: 2.18

Miscellaneous

Outstanding Shares: 593,752,000
Free Float: 591,852,000
Market Cap: $23.80 billion
Optionable: Optionable
Beta: 1.07

Social Links

Key Executives

Mr. Gary C. Kelly (Age 67)
Exec. Chairman

Mr. Robert E. Jordan (Age 61)
CEO & Director

Mr. Michael G. Van de Ven (Age 60)
Pres

Ms. Tammy Romo (Age 60)
Exec. VP & CFO

Mr. Andrew M. Watterson (Age 55)
Chief Operating Officer
Comp: $1.02M

Mr. Thomas M. Nealon (Age 61)
Strategic Advisor
Comp: $1.53M

Mr. Ray Schuster
Managing Director of Accounting & Financial Reporting

Mr. Thomas Merritt
VP of Technology Infrastructure & Services and CTO

Ms. Kathleen A. Wayton (Age 62)
Sr. VP & Chief Information Officer of Technology

Ms. Linda Burke Rutherford (Age 55)
Chief Admin. & Communications 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?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 sell rating, 5 hold ratings, 8 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.
What is Southwest Airlines' stock price forecast for 2023?: 15 equities research analysts have issued 1 year target prices for Southwest Airlines' stock. Their LUV share price forecasts range from $36.00 to $72.00. On average, they expect the company's stock price to reach $50.24 in the next year. This suggests a possible upside of 25.3% 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 2022?: Southwest Airlines' stock was trading at $42.84 on January 1st, 2022. Since then, LUV stock has decreased by 6.4% and is now trading at $40.08.
View the best growth stocks for 2022 here.
When is Southwest Airlines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our LUV earnings forecast.
How were Southwest Airlines' earnings last quarter?: Southwest Airlines Co. (NYSE:LUV) issued its earnings results on Thursday, October, 27th. The airline reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.08. The airline earned $6.20 billion during the quarter, compared to analyst estimates of $6.22 billion. Southwest Airlines had a trailing twelve-month return on equity of 9.66% and a net margin of 3.64%. The firm's revenue for the quarter was up 32.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.23) EPS.
Read the conference call transcript.
What guidance has Southwest Airlines issued on next quarter's earnings?: Southwest Airlines updated its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.47 billion-$6.70 billion, compared to the consensus revenue estimate of $6.23 billion.
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 Vanguard Group Inc. (10.92%), Primecap Management Co. CA (8.88%), Price T Rowe Associates Inc. MD (2.99%), Artisan Partners Limited Partnership (1.95%), U S Global Investors Inc. (1.01%) and Dimensional Fund Advisors LP (0.76%). 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.
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 $40.08.
How much money does Southwest Airlines make?: Southwest Airlines (NYSE:LUV) has a market capitalization of $23.80 billion and generates $15.79 billion in revenue each year. The airline earns $977 million in net income (profit) each year or $1.28 on an earnings per share basis.
How many employees does Southwest Airlines have?: The company employs 55,100 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 12/2/2022 by MarketBeat.com Staff

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Southwest Airlines - LUV Stock Forecast, Price & News

Southwest Airlines MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Southwest Airlines (NYSE:LUV) Stock

LUV Stock News Headlines

LUV Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

LUV Stock - Frequently Asked Questions

Overall MarketRank^™