Southwest Airlines - LUV Stock Forecast, Price & News

13 Wall Street 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 analysts is that investors should "buy" LUV shares.
View LUV analyst ratings or view top-rated stocks.

13 analysts have issued 1 year target prices for Southwest Airlines' stock. Their LUV share price forecasts range from $39.00 to $72.00. On average, they predict the company's stock price to reach $48.86 in the next twelve months. This suggests a possible upside of 34.8% 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 beginning of 2023. Since then, LUV stock has increased by 7.6% and is now trading at $36.24.
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Southwest Airlines saw a drop in short interest in December. As of December 15th, there was short interest totaling 8,640,000 shares, a drop of 8.4% from the November 30th total of 9,430,000 shares. Based on an average trading volume of 5,750,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.5% of the shares of the company 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) announced its quarterly 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 earned $6.17 billion during 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 business's revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period last year, the firm earned $0.14 earnings per share.
Read the conference call transcript.

Southwest Airlines announced a quarterly dividend on Tuesday, December 6th. Shareholders of record on Tuesday, January 10th will be given a dividend of $0.18 per share on Tuesday, January 31st. This represents a $0.72 annualized dividend and a dividend yield of 1.99%. 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 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.

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 retail and institutional investors. Top institutional shareholders include Oldfield Partners LLP (0.37%), New York State Teachers Retirement System (0.11%), Strs Ohio (0.10%), Gradient Investments LLC (0.04%), Gibraltar Capital Management Inc. (0.03%) and State of Michigan Retirement System (0.03%). 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 $36.24.

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.52 billion and generates $23.81 billion in revenue each year. The airline earns $977 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.