NYSE:LUVSouthwest Airlines Stock Price, Forecast & News

$38.74

+2.32 (+6.37 %)

(As of 06/4/2020 11:21 AM ET)

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Today's Range

$36.60

Now: $38.74▼

$39.76

50-Day Range

$23.87

MA: $29.34▼

$34.78

52-Week Range

$22.47

Now: $38.74▼

$58.83

Volume20.79 million shs

Average Volume24.38 million shs

Market Capitalization$19.71 billion

P/E Ratio11.39

Dividend Yield2.09%

Beta1.26

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2018, the company operated a total of 750 Boeing 737 aircraft; and served 99 destinations in 40 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 offers inflight entertainment and connectivity service on Wi-Fi enabled aircraft; and sells points and related services to business partners participating in the Rapid Rewards loyalty program, such as car rental agencies, hotels, restaurants, and retailers. In addition, the company provides a suite of digital platforms to support customers' needs across the travel journey, including Southwest.com, mobile.southwest.com, an iOS app, and an android app; and Swabiz.com, a Website for business customers that offer businesses shared stored company credit cards, company activity reporting, and centralized traveler management services. Southwest Airlines Co. was founded in 1967 and is based in Dallas, Texas.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Southwest Airlines has received a consensus rating of Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $51.18, Southwest Airlines has a potential upside of 32.1% from its current price of $38.74.
Amount of Analyst Coverage
Southwest Airlines has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Southwest Airlines has received 1,033 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southwest Airlines has received 771 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southwest Airlines has received 57.26% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Southwest Airlines and other stocks. Vote “Outperform” if you believe LUV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LUV will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Southwest Airlines is a leading dividend payer. It pays a dividend yield of 2.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Southwest Airlines has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Southwest Airlines is 16.86 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Southwest Airlines will have a dividend payout ratio of 39.13 % next year. This indicates that Southwest Airlines will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southwest Airlines insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,425,202.00 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Southwest Airlines is held by insiders.
Percentage Held by Institutions
82.84% of the stock of Southwest Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Southwest Airlines are expected to grow in the coming year, from ($4.30) to $1.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southwest Airlines is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southwest Airlines is 11.39, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.86.
Price to Book Value per Share Ratio
Southwest Airlines has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.85 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Air transportation, scheduled

Sub-IndustryAirlines

SectorTransportation

Current SymbolNYSE:LUV

Previous Symbol

CUSIP84474110

CIK92380

Webwww.southwest.com

Phone214-792-4000

Debt

Debt-to-Equity Ratio0.38

Current Ratio0.69

Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio11.39

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$22.43 billion

Price / Sales0.88

Cash Flow$7.64 per share

Price / Cash Flow5.07

Book Value$19.01 per share

Price / Book2.04

Profitability

EPS (Most Recent Fiscal Year)$4.27

Net Income$2.30 billion

Net Margins8.46%

Return on Equity18.92%

Return on Assets6.95%

Miscellaneous

Employees60,800

Outstanding Shares508,890,000

Market Cap$19.71 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Southwest Airlines (NYSE:LUV) Frequently Asked Questions

How has Southwest Airlines' stock been impacted by COVID-19 (Coronavirus)?

Southwest Airlines' stock was trading at $42.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LUV stock has decreased by 8.8% and is now trading at $38.74. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Southwest Airlines?

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.

When is Southwest Airlines' next earnings date?

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

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co (NYSE:LUV) announced its quarterly earnings data on Tuesday, April, 28th. The airline reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.48) by $0.33. The airline earned $4.23 billion during 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%. The company's revenue was down 17.8% on a year-over-year basis. During the same quarter last year, the company earned $0.70 earnings per share. View Southwest Airlines' earnings history.

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

Southwest Airlines announced a quarterly dividend on Wednesday, January 29th. Stockholders 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 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Tuesday, March 3rd. View Southwest Airlines' dividend history.

What price target have analysts set for LUV?

20 Wall Street analysts have issued 12 month price targets for Southwest Airlines' shares. Their forecasts range from $36.00 to $67.00. On average, they anticipate Southwest Airlines' share price to reach $51.18 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View analysts' price targets for Southwest Airlines.

Has Southwest Airlines been receiving favorable news coverage?

News headlines about LUV stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Southwest Airlines earned a daily sentiment score of -4.3 on InfoTrie's scale. They also assigned news coverage about the airline a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the immediate future. View the latest news aboutSouthwest Airlines.

Are investors shorting Southwest Airlines?

Southwest Airlines saw a drop in short interest in April. As of April 30th, there was short interest totaling 8,370,000 shares, a drop of 13.4% from the April 15th total of 9,670,000 shares. Based on an average daily trading volume, of 9,270,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.7% of the shares of the stock are short sold. View Southwest Airlines' Current Options Chain.

Who are some of Southwest Airlines' key competitors?

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), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors.

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), 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).

Who are Southwest Airlines' key executives?

Southwest Airlines' management team includes the following people:

Mr. Gary C. Kelly, Chairman & CEO (Age 64)
Mr. Thomas M. Nealon, Pres (Age 58)
Ms. Tammy Romo, Exec. VP & CFO (Age 57)
Mr. Michael G. Van de Ven, Chief Operating Officer (Age 57)
Mr. Robert E. Jordan, Exec. VP of Corp. Services (Age 58)

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 number of 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.

Which major investors are selling Southwest Airlines stock?

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. Company insiders that have sold Southwest Airlines company stock in the last year include Andrew M Watterson, and Berkshire Hathaway Inc. View insider buying and selling activity for Southwest Airlines.

Which major investors are buying Southwest Airlines stock?

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.

How do I buy shares of 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.

What is Southwest Airlines' stock price today?

One share of LUV stock can currently be purchased for approximately $38.74.

How big of a company is Southwest Airlines?

Southwest Airlines has a market capitalization of $19.71 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.

What is Southwest Airlines' official website?

The official website for Southwest Airlines is www.southwest.com.

How can I contact Southwest Airlines?

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.

This page was last updated on 6/4/2020 by MarketBeat.com Staff