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Top-Rated Dividend Stocks  
NYSE:LUV

Southwest Airlines - LUV Stock Forecast, Price & News

$36.35
-0.47 (-1.28%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$36.29
▼
$36.78
50-Day Range
$32.19
▼
$40.08
52-Week Range
$30.20
▼
$50.10
Volume
4.82 million shs
Average Volume
7.66 million shs
Market Capitalization
$21.58 billion
P/E Ratio
45.44
Dividend Yield
2.02%
Price Target
$48.71

Southwest Airlines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
34.0% Upside
$48.71 Price Target
Short Interest
Healthy
1.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.11
Upright™ Environmental Score
News Sentiment
0.19mentions of Southwest Airlines in the last 14 days
Based on 59 Articles This Week
Insider Trading
Selling Shares
$87,458 Sold Last Quarter
Proj. Earnings Growth
41.64%
From $2.81 to $3.98 Per Share

Overall MarketRank™

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

3.15 out of 5 stars

Transportation Sector

2nd out of 121 stocks

Air Transportation, Scheduled Industry

1st out of 20 stocks

See Top Rated MarketRank™ Stocks Here
LUV stock logo

About Southwest Airlines (NYSE:LUV) Stock

Founded in 1971, Southwest Airlines Co. is one of the world's most respected and awarded airlines. The company is known for offering customers great value and excellent service. Currently, Southwest Airlines Co. services 121 airports in 11 countries. The year 2021 marked the company's 51st anniversary, and it continues to work toward democratizing the sky by providing a reliable, low-cost air travel experience. More air travelers flying nonstop in the U.S. fly Southwest Airlines Co. than any other major airline. 

Southwest Airlines operates a large fleet of 771 Boeing 737 aircraft, making it the largest owner and operator of 737s in the world. It has traditionally only flown Boeing 737s, though it has leased other Boeing models for profitability and route testing. Southwest Airlines Co.'s fleet serves 121 destinations in 42 states, the District of Columbia and the Commonwealth of Puerto Rico, as well as in 10 other countries, including Mexico, the Caribbean and Central America.

Southwest Airlines Co. is based in Dallas and is famous for its employee-first corporate culture. The company has maintained an unprecedented record of no involuntary furloughs or layoffs in its 51-year history, providing employees stability and pride in their employer. Southwest Airlines Co. has led the industry with 47 consecutive years of profitability and growth.

Southwest Airlines Co. uses humor in its marketing, with slogans like "Love Is Still Our Field," "The Somebody Else Up There Who Loves You," "Just Plane Smart" and "You're Now Free to Move About the Country." To increase customer loyalty, the company launched a rewards program in 2011 that awards points for flights, hotel stays, car rentals and purchases at partner retailers, which consumers can redeem for free flights.

Southwest Airlines Co. has significantly influenced other low-cost carriers and the aviation industry as a whole. Its competitive strategy is to increase aircraft and employee productivity to reduce turnaround time at the gate. Ryanair and EasyJet have mirrored this rolling hub or point-to-point network strategy. 

Southwest has also had a lot of industry influence through its lobbying efforts, primarily to lobby against the development of high-speed rail systems in favor of providing more point-to-point flights between major cities. However, in recent years, Southwest Airlines Co. has been affected by customer lawsuits, flight delays and cancelations and system disruptions due to not investing in newer technologies.

Southwest Airlines Co. has provided value to its shareholders for many years, having returned more than $12.9 billion through stock repurchases and dividends as of March 2020. However, in the first quarter of 2020, the company had to suspend its dividend payments due to the uncertain market and COVID-19. On December 6, 2022, the board of directors decided to reinstate its quarterly cash dividend at 18 cents per share. This reinstated dividend equaled the expected dividend when it disappeared in 2020.

Southwest Airlines Co. is a leader in the aviation industry, providing great customer service, hospitality, employee stability and value to its shareholders.

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LUV Stock News Headlines

February 1, 2023 | marketbeat.com
Boeing Produces the Last 747 Ever, What's Next? (LUV)
Boeing's famous 747 will still be flying, but no longer be produced as the company shifts towards more fuel-efficient alternatives.
January 30, 2023 | marketbeat.com
Winter weather leads to scrubbed flights in Texas, beyond
Southwest Airlines and American Airlines are canceling dozens of flights in north Texas, which is under a winter storm warning until midweek
February 3, 2023 | Wall Street Watch Dogs (Ad)
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
January 18, 2023 | marketbeat.com
Can Alaska Air Continue Soaring Above The Airline Industry? (LUV)
Alaska Air soared 11% last week on news that the company plans to recruit 3,500 new employees in a variety of roles and functions.
January 9, 2023 | marketbeat.com
3 Airline Stocks Taking Off in 2023 (LUV)
Airline stocks are off to a fast start this year. Here are three names that are quickly benefitting from current tailwinds — and still trade for peanuts.
January 6, 2023 | marketbeat.com
Southwest's strong 2022 rebound soured by holiday debacle
Southwest Airlines is anticipating a money losing quarter after a holiday debacle led to nearly 17,000 canceled flights and thousands of people, traveling to see family and friends, being stranded
January 6, 2023 | marketbeat.com
Southwest, after strong 2022 rebound, expects losses in Q4
Southwest says it now anticipates a loss in its fourth quarter after the airline canceled more than 16,000 flights around Christmas and left holiday travelers stranded
January 4, 2023 | marketbeat.com
MarketBeat: Week in Review 12/26 – 12/30
The market is trading lower in light trading to close the week and year. Here are some of the most popular stories our analysts wrote this short trading week
February 3, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 3, 2023 | marketbeat.com
Southwest apologizes, gives customers frequent-flyer points
Southwest Airlines is trying to fix its relationship with travelers who got stuck by canceled flights over the holidays
February 3, 2023 | finance.yahoo.com
Southwest to testify at U.S. Senate hearing after meltdown
February 3, 2023 | finance.yahoo.com
UPDATE 1-Southwest to testify at U.S. Senate hearing after meltdown
February 3, 2023 | americanbankingnews.com
Jefferies Financial Group Analysts Reduce Earnings Estimates for Southwest Airlines Co. (NYSE:LUV)
February 2, 2023 | finance.yahoo.com
Former JCPenney CEO joins Southwest Airlines board
February 2, 2023 | finance.yahoo.com
Investors Heavily Search Southwest Airlines Co. (LUV): Here is What You Need to Know
February 2, 2023 | finance.yahoo.com
SOUTHWEST AIRLINES RECOGNIZED ON FORTUNE'S 2023 LIST OF WORLD'S MOST ADMIRED COMPANIES
February 2, 2023 | finance.yahoo.com
JILL SOLTAU TO JOIN SOUTHWEST AIRLINES' BOARD OF DIRECTORS
February 2, 2023 | benzinga.com
Southwest Airlines Promotes Lauren Woods To Chief Information Officer
February 2, 2023 | msn.com
Southwest Airlines declares $0.18 dividend
February 2, 2023 | finance.yahoo.com
Southwest Airlines names new CIO to aid with technology fixes after holiday meltdown
February 2, 2023 | finance.yahoo.com
How the US fell out of love with flying
February 1, 2023 | benzinga.com
CLASS ACTION UPDATE for ENVX, LUV and YMAB: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
February 1, 2023 | finance.yahoo.com
SOUTHWEST AIRLINES DECLARES 176th QUARTERLY DIVIDEND
February 1, 2023 | msn.com
Airlines cancel over 1,400 U.S. flights as ice storm hits multiple states
February 1, 2023 | americanbankingnews.com
Southwest Airlines (NYSE:LUV) Price Target Lowered to $63.00 at Morgan Stanley
January 31, 2023 | seekingalpha.com
Is Southwest Airlines A Good Investment After Its Epic Holiday Meltdown?
January 31, 2023 | marketwatch.com
Southwest Airlines Co. stock rises Tuesday, still underperforms market
See More Headlines
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LUV Company Calendar

Ex-Dividend for 1/31 Dividend
1/09/2023
Last Earnings
1/26/2023
Dividend Payable
1/31/2023
Today
2/03/2023
Ex-Dividend for 3/29 Dividend
3/07/2023
Dividend Payable
3/29/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

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
$48.71
High Stock Price Forecast
$72.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+34.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.80
Trailing P/E Ratio
45.44
Forward P/E Ratio
12.94
P/E Growth
0.48
Net Income
$539 million
Net Margins
2.26%
Pretax Margin
3.06%
Return on Equity
6.71%
Return on Assets
1.97%

Debt

Debt-to-Equity Ratio
0.75
Current Ratio
1.43
Quick Ratio
1.35

Sales & Book Value

Annual Sales
$23.81 billion
Price / Sales
0.91
Cash Flow
$3.56 per share
Price / Cash Flow
10.20
Book Value
$18.00 per share
Price / Book
2.02

Miscellaneous

Outstanding Shares
593,750,000
Free Float
591,852,000
Market Cap
$21.58 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Robert E. Jordan
    President, Chief Executive Officer & Director
  • Andrew M. WattersonAndrew M. Watterson
    EVP, Chief Commercial & Operating Officer
  • Tammy RomoTammy Romo
    Chief Financial Officer & Executive Vice President
  • Landon Nitschke
    Senior Vice President-Technical Operations
  • Thomas Merritt
    CTO, VP-Technology, Infrastructure & Services

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?

13 Wall Street 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 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?

13 brokers have issued 1-year price targets for Southwest Airlines' shares. Their LUV share price forecasts range from $39.00 to $72.00. On average, they predict the company's stock price to reach $48.71 in the next year. This suggests a possible upside of 34.1% 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 2023?

Southwest Airlines' stock was trading at $33.67 at the start of the year. Since then, LUV stock has increased by 7.9% and is now trading at $36.33.
View the best growth stocks for 2023 here.

When is Southwest Airlines' next earnings date?

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

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co. (NYSE:LUV) announced its earnings results on Thursday, January, 26th. The airline reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.35. The airline had revenue of $6.17 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share.
Read the conference call transcript.

How often does Southwest Airlines pay dividends? What is the dividend yield for Southwest Airlines?

Southwest Airlines declared a quarterly dividend on Wednesday, February 1st. Stockholders 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 annualized dividend and a yield of 1.98%. The ex-dividend date is Tuesday, March 7th.
Read our dividend analysis for LUV.

Is Southwest Airlines a good dividend stock?

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.02%. 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 18.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

What guidance has Southwest Airlines issued on next quarter's earnings?

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.

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 many different retail and institutional investors. Top institutional investors include U S Global Investors Inc. (1.02%), Oldfield Partners LLP (0.37%), Fort Washington Investment Advisors Inc. OH (0.21%), Simplex Trading LLC (0.00%), New York State Teachers Retirement System (0.11%) and Strs Ohio (0.10%). 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 $36.33.

How much money does Southwest Airlines make?

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.57 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.

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 2/3/2023 by MarketBeat.com Staff