Southwest Airlines - LUV Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last twelve months. There are currently 4 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.

13 equities research analysts have issued 12 month price objectives for Southwest Airlines' stock. Their LUV share price forecasts range from $39.00 to $72.00. On average, they predict the company's share price to reach $48.71 in the next year. This suggests a possible upside of 36.2% from the stock's current price.
View analysts price targets for LUV or view top-rated stocks among Wall Street analysts.

Southwest Airlines' stock was trading at $33.67 at the start of the year. Since then, LUV shares have increased by 6.2% and is now trading at $35.77.
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Southwest Airlines saw a decline in short interest in December. As of December 15th, there was short interest totaling 8,640,000 shares, a decline of 8.4% from the November 30th total of 9,430,000 shares. Based on an average daily volume of 5,750,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.5% of the shares of the stock are sold short.
View Southwest Airlines' Short Interest.

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) issued its earnings results on Thursday, January, 26th. The airline reported ($0.38) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.35. The airline had revenue of $6.17 billion for the quarter, compared to analysts' expectations of $6.14 billion. Southwest Airlines had a trailing twelve-month return on equity of 6.71% and a net margin of 2.26%. Southwest Airlines's quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 EPS.
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Southwest Airlines announced a quarterly dividend on Tuesday, December 6th. Stockholders of record on Tuesday, January 10th will be paid a dividend of $0.18 per share on Tuesday, January 31st. This represents a $0.72 annualized dividend and a yield of 2.01%. The ex-dividend date is Monday, January 9th.
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 1.99%. 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 17.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

Southwest Airlines updated its first quarter 2023 earnings guidance on Thursday, January, 26th. The company provided earnings per share 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 Oldfield Partners LLP (0.37%), Fort Washington Investment Advisors Inc. OH (0.21%), New York State Teachers Retirement System (0.11%), Strs Ohio (0.10%), New York State Common Retirement Fund (0.10%) and Foundry Partners LLC (0.08%). 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.

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 $35.77.

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.24 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.