NYSE:LUVSouthwest Airlines Stock Price, Forecast & News

Southwest Airlines' stock was trading at $42.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LUV stock has decreased by 25.3% and is now trading at $31.7324. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 8 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Southwest Airlines.

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

Southwest Airlines Co (NYSE:LUV) announced its quarterly earnings data on Tuesday, April, 28th. The airline reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.33. The airline had revenue of $4.23 billion for the quarter, compared to analysts' expectations of $4.55 billion. Southwest Airlines had a net margin of 8.46% and a return on equity of 18.92%. Southwest Airlines's revenue for the quarter was down 17.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.70 earnings per share. View Southwest Airlines' earnings history.

Southwest Airlines announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.18 per share on Wednesday, March 25th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Tuesday, March 3rd. View Southwest Airlines' dividend history.

20 equities research analysts have issued 1 year price targets for Southwest Airlines' stock. Their forecasts range from $36.00 to $67.00. On average, they expect Southwest Airlines' stock price to reach $51.18 in the next year. This suggests a possible upside of 61.3% from the stock's current price. View analysts' price targets for Southwest Airlines.

News articles about LUV stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Southwest Airlines earned a media sentiment score of -4.8 on InfoTrie's scale. They also assigned media stories about the airline a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutSouthwest Airlines.

Southwest Airlines saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 8,370,000 shares, a decline of 13.4% from the April 15th total of 9,670,000 shares. Based on an average trading volume of 9,270,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.7% of the shares of the stock 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), Hawaiian (HA) and Spirit Airlines (SAVE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Airlines investors own include Delta Air Lines (DAL), Walt Disney (DIS), Boeing (BA), NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Micron Technology (MU) and Cisco Systems (CSCO).

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

Southwest Airlines' stock is owned by many different retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (13.34%), State Street Corp (7.63%), Geode Capital Management LLC (1.32%), Fiduciary Management Inc. WI (1.11%), Parnassus Investments CA (1.04%) and Wellington Management Group LLP (1.02%). Company insiders that own Southwest Airlines stock include Andrew M Watterson, Berkshire Hathaway Inc, John T Montford and Mark R Shaw. View institutional ownership trends for Southwest Airlines.

LUV stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Rockefeller Capital Management L.P., Janus Henderson Group PLC, Morgan Stanley, Morgan Stanley, Maj Invest Holding A S, Provident Trust Co., and Nuveen Asset Management LLC. View insider buying and selling activity for Southwest Airlines.

LUV stock was purchased by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Fiduciary Management Inc. WI, APG Asset Management N.V., U S Global Investors Inc., Canada Pension Plan Investment Board, Wellington Management Group LLP, First Trust Advisors LP, and Voloridge Investment Management 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 $31.73.

Southwest Airlines has a market capitalization of $16.15 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.

The official website for Southwest Airlines is 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.