NYSE:LUV - Southwest Airlines Stock Price, Forecast & News

Southwest Airlines' stock was trading at $42.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LUV shares have decreased by 25.1% and is now trading at $31.83. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 sell rating, 9 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Southwest Airlines.

Southwest Airlines is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Southwest Airlines.

Southwest Airlines will be holding an earnings conference call on Thursday, April 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Southwest Airlines Co (NYSE:LUV) posted its quarterly earnings results on Thursday, January, 23rd. The airline reported $0.98 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by $0.11. The airline earned $5.73 billion during the quarter, compared to analysts' expectations of $5.74 billion. Southwest Airlines had a return on equity of 23.31% and a net margin of 10.26%. Southwest Airlines's quarterly revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $1.17 EPS. View Southwest Airlines' earnings history.

Southwest Airlines announced a quarterly dividend on Wednesday, January 29th. Investors of record on Wednesday, March 4th will be given a dividend of $0.18 per share on Wednesday, March 25th. This represents a $0.72 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Southwest Airlines' dividend history.

19 brokers have issued twelve-month price targets for Southwest Airlines' shares. Their forecasts range from $37.00 to $67.00. On average, they anticipate Southwest Airlines' share price to reach $54.18 in the next year. This suggests a possible upside of 70.2% from the stock's current price. View analysts' price targets for Southwest Airlines.

News stories about LUV stock have trended very negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Southwest Airlines earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the airline a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutSouthwest Airlines.

Southwest Airlines saw a increase in short interest in February. As of February 28th, there was short interest totaling 11,860,000 shares, an increase of 11.8% from the February 13th total of 10,610,000 shares. Based on an average daily trading volume, of 4,960,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.3% of the shares of the company are short sold. View Southwest Airlines' Current Options Chain.

Some companies that are related to Southwest Airlines include Delta Air Lines (DAL), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA).

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

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

Southwest Airlines' stock is owned by a number of retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Southwest Airlines stock include Andrew M Watterson, John T Montford and Mark R Shaw. View institutional ownership trends for Southwest Airlines.

LUV stock was purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity for Southwest Airlines.

Shares of LUV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LUV stock can currently be purchased for approximately $31.83.

Southwest Airlines has a market capitalization of $16.47 billion and generates $22.43 billion in revenue each year. The airline earns $2.30 billion in net income (profit) each year or $4.27 on an earnings per share basis. Southwest Airlines employs 60,800 workers across the globe. View additional information about Southwest Airlines.

The official website for Southwest Airlines is http://www.southwest.com/.

Southwest Airlines' mailing address is 2702 LOVE FIELD DRIVE P O BOX 36611, DALLAS TX, 75235. The airline can be reached via phone at 214-792-4000.