S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NYSE:LUV

Southwest Airlines - LUV Stock Forecast, Price & News

$39.46
+0.49 (+1.26%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.92
$39.57
50-Day Range
$34.98
$44.88
52-Week Range
$34.36
$56.33
Volume
3.21 million shs
Average Volume
5.89 million shs
Market Capitalization
$23.41 billion
P/E Ratio
25.13
Dividend Yield
N/A
Price Target
$53.06

Southwest Airlines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
34.5% Upside
$53.06 Price Target
Short Interest
Healthy
1.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.71
Upright™ Environmental Score
News Sentiment
-0.13mentions of Southwest Airlines in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$105,110 Sold Last Quarter
Proj. Earnings Growth
46.50%
From $2.43 to $3.56 Per Share

Overall MarketRank

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

2.80 out of 5 stars

Transportation Sector

16th out of 125 stocks

Air Transportation, Scheduled Industry

3rd out of 18 stocks

LUV stock logo

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.

Analyst Upgrades and Downgrades

LUV has been the topic of several recent research reports. Raymond James upgraded Southwest Airlines from an "outperform" rating to a "strong-buy" rating and dropped their price target for the company from $57.00 to $55.00 in a research report on Thursday, June 23rd. Citigroup upped their target price on shares of Southwest Airlines from $48.00 to $53.00 in a research report on Monday, May 2nd. Barclays reduced their price target on shares of Southwest Airlines from $58.00 to $50.00 and set an "overweight" rating for the company in a research report on Thursday, June 23rd. Cowen decreased their price target on Southwest Airlines from $67.00 to $55.00 in a research note on Friday, July 29th. Finally, Susquehanna upgraded Southwest Airlines from a "neutral" rating to a "positive" rating and set a $45.00 price target for the company in a report on Tuesday, July 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $53.06.

Southwest Airlines Trading Up 1.3 %

NYSE:LUV opened at $39.46 on Friday. The stock has a market capitalization of $23.41 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.68 and a beta of 1.00. The firm has a fifty day simple moving average of $38.49 and a two-hundred day simple moving average of $42.32. Southwest Airlines has a 12 month low of $34.36 and a 12 month high of $56.33. The company has a current ratio of 1.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.80.

Southwest Airlines (NYSE:LUV - Get Rating) last released its quarterly earnings results on Thursday, July 28th. The airline reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.39. The business had revenue of $6.73 billion during the quarter, compared to analysts' expectations of $6.69 billion. Southwest Airlines had a net margin of 4.71% and a return on equity of 5.54%. The business's quarterly revenue was up 67.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.35) EPS. Analysts expect that Southwest Airlines will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John T. Montford sold 2,300 shares of Southwest Airlines stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $45.70, for a total value of $105,110.00. Following the completion of the transaction, the director now owns 23,296 shares in the company, valued at $1,064,627.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.32% of the stock is owned by insiders.

Receive LUV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Southwest Airlines and its competitors with MarketBeat's FREE daily newsletter.

LUV Stock News Headlines

Is Boeing Stock is Ready for Lift-Off ? (LUV)
Aerospace giant Boeing (NYSE: BA) stock has rallied strong off its post-pandemic lows at $113.02 to cut its losses on the year to (-24%).
Southwest posts record revenue but warns of rising costs
Southwest Airlines is reporting higher profit and record revenue, but its shares are down because of concern over rising costs
Whistleblowers hit Southwest, FAA for lax safety practices
Federal officials say Southwest Airlines and its pilots union have resisted some investigations into accidents and other incidents, and have pushed to close the matters quickly
Southwest Airlines (NYSE:LUV) PT Lowered to $42.00
See More Headlines
Receive LUV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Southwest Airlines and its competitors with MarketBeat's FREE daily newsletter.

LUV Company Calendar

Last Earnings
7/28/2022
Today
8/13/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
84474110
Employees
55,100
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$53.06
High Stock Price Forecast
$72.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+34.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
16 Analysts

Profitability

Net Income
$977 million
Pretax Margin
6.32%

Debt

Sales & Book Value

Annual Sales
$15.79 billion
Cash Flow
$0.00 per share
Book Value
$18.74 per share

Miscellaneous

Free Float
591,451,000
Market Cap
$23.41 billion
Optionable
Optionable
Beta
1.00

Social Links















LUV Stock - Frequently Asked Questions

Should I buy or sell Southwest Airlines stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 sell rating, 5 hold ratings, 9 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 2022?

16 analysts have issued 1 year price objectives for Southwest Airlines' stock. Their LUV share price forecasts range from $36.00 to $72.00. On average, they predict the company's share price to reach $53.06 in the next year. This suggests a possible upside of 34.5% 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 7.9% and is now trading at $39.46.
View the best growth stocks for 2022 here
.

Are investors shorting Southwest Airlines?

Southwest Airlines saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 10,210,000 shares, a decline of 15.3% from the June 30th total of 12,050,000 shares. Based on an average daily trading volume, of 5,620,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.7% of the shares of the company are short sold.
View Southwest Airlines' Short Interest
.

When is Southwest Airlines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our LUV earnings forecast
.

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co. (NYSE:LUV) announced its earnings results on Thursday, July, 28th. The airline reported $1.30 EPS for the quarter, topping the consensus estimate of $0.91 by $0.39. The airline earned $6.73 billion during the quarter, compared to analysts' expectations of $6.69 billion. Southwest Airlines had a trailing twelve-month return on equity of 5.54% and a net margin of 4.71%. The business's quarterly revenue was up 67.9% on a year-over-year basis. During the same period last year, the firm earned ($0.35) earnings per share.
Read the conference call transcript
.

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

Southwest Airlines issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.09 billion-$6.32 billion, compared to the consensus revenue estimate of $6.60 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 institutional and retail investors. Top institutional investors include Primecap Management Co. CA (8.92%), Artisan Partners Limited Partnership (1.95%), Northern Trust Corp (0.81%), Oldfield Partners LLP (0.38%), Kiltearn Partners LLP (0.33%) and Rothschild & Co. Asset Management US Inc. (0.25%). 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 $39.46.

How much money does Southwest Airlines make?

Southwest Airlines (NYSE:LUV) has a market capitalization of $23.41 billion and generates $15.79 billion in revenue each year. The airline earns $977 million in net income (profit) each year or $1.57 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

When was Southwest Airlines founded?

Southwest Airlines was founded in 1967.

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 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.