NYSE:LUV

Southwest Airlines Stock Forecast, Price & News

$50.65

+0.91 (+1.83 %)

(As of 08/3/2021 12:00 AM ET)

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Today's Range

$49.11

▼

$50.66

50-Day Range

$48.50

▼

$61.73

52-Week Range

$31.38

▼

$64.75

Volume6.19 million shs

Average Volume7.24 million shs

Market Capitalization$29.95 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.24

30 days | 90 days | 365 days | Advanced Chart

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About Southwest Airlines

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, 2020, the company operated a total fleet of 718 Boeing 737 aircrafts; and served 107 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Its services also cover destinations in Hilo on Hawaii; Cozumel, Mexico; Steamboat Springs, Colorado; Miami, Florida; Palm Springs, California; and Montrose (Telluride and Crested Butte), Colorado. In addition, the company 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 provides a suite of digital platforms to support customers' travel needs, including Southwest.com, mobile website, and apps; and SWABIZ, an online booking tool. Further, it offers ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was founded in 1967 and is headquartered in Dallas, Texas.

Leisure Travel Lifts Southwest Revenue Above Wall Street Views
July 23, 2021 | marketbeat.com

How to Get Free Flights With Southwest Airlines
August 1, 2021 | finance.yahoo.com

Southwest sues Skiplagged in Texas, escalating its legal challenge against flight search websites that display its fares
July 31, 2021 | markets.businessinsider.com

Southwest Airlines: Trouble Beneath The Surface
July 28, 2021 | seekingalpha.com

Boeing Soars On Surprise Profit as Revenue Jumps 44%
July 28, 2021 | finance.yahoo.com

Q3 2021 EPS Estimates for Southwest Airlines Co. (NYSE:LUV) Reduced by Seaport Res Ptn
July 28, 2021 | americanbankingnews.com

JetBlue founder's new airline is a 'tech company that happens to fly airplanes'
July 27, 2021 | finance.yahoo.com

The Goldman Sachs Group Reaffirms Buy Rating for Southwest Airlines (NYSE:LUV)
July 27, 2021 | americanbankingnews.com

American Airlines, Southwest Warn of Jet Fuel Delivery Delay
July 26, 2021 | finance.yahoo.com

At US$50.70, Is It Time To Put Southwest Airlines Co. (NYSE:LUV) On Your Watch List?
July 26, 2021 | nasdaq.com

See More Headlines

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
Employees56,500
Year Founded1967

Sales & Book Value

Annual Sales$9.05 billion
Price / Sales3.31
Cash FlowN/A
Price / Cash FlowN/A
Book Value$15.04 per share
Price / Book3.37

Profitability

EPS (Most Recent Fiscal Year)($6.22)
Net Income$-3,074,000,000.00
Net Margins-16.23%
Return on Equity-33.72%
Return on Assets-8.77%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares591,294,000
Market Cap$29.95 billion
Next Earnings Date10/28/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

Transportation Sector

91st out of 169 stocks

Air Transportation, Scheduled Industry

9th out of 22 stocks

2.5 Analyst's Opinion

Consensus Rating
Southwest Airlines has received a consensus rating of Buy. The company's average rating score is 2.94, and is based on 15 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $58.98, Southwest Airlines has a forecasted upside of 16.4% from its current price of $50.65.
Amount of Analyst Coverage
Southwest Airlines has only been the subject of 4 research reports in the past 90 days.

4.9 Community Rank

Outperform Votes
Southwest Airlines has received 1,083 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southwest Airlines has received 394 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southwest Airlines has received 73.32% “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.

0.0 Dividend Strength

Dividend Yield
Southwest Airlines does not currently pay a dividend.
Dividend Growth
Southwest Airlines does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southwest Airlines insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.32% of the stock of Southwest Airlines is held by insiders.
Percentage Held by Institutions
77.89% of the stock of Southwest Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Southwest Airlines are expected to grow in the coming year, from ($1.31) to $3.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southwest Airlines is -18.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southwest Airlines is -18.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Southwest Airlines has a P/B Ratio of 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Southwest Airlines (NYSE:LUV) Frequently Asked Questions

Is Southwest Airlines a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Southwest Airlines stock.
View analyst ratings for Southwest Airlines or view top-rated stocks.

What stocks does MarketBeat like better than Southwest Airlines?

Wall Street analysts have given Southwest Airlines a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Southwest Airlines wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Southwest Airlines' next earnings date?

Southwest Airlines is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Southwest Airlines.

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co. (NYSE:LUV) announced its earnings results on Wednesday, July, 21st. The airline reported ($0.35) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.12. The airline earned $4.01 billion during the quarter, compared to the consensus estimate of $3.94 billion. Southwest Airlines had a negative trailing twelve-month return on equity of 33.72% and a negative net margin of 16.23%. The company's revenue for the quarter was up 297.6% compared to the same quarter last year. During the same quarter last year, the business posted ($2.67) EPS.
View Southwest Airlines' earnings history.

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

Southwest Airlines' stock was trading at $42.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LUV stock has increased by 19.2% and is now trading at $50.65.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for LUV?

16 brokerages have issued twelve-month price targets for Southwest Airlines' stock. Their forecasts range from $40.00 to $85.00. On average, they anticipate Southwest Airlines' share price to reach $58.98 in the next year. This suggests a possible upside of 16.4% from the stock's current price.
View analysts' price targets for Southwest Airlines or view top-rated stocks among Wall Street analysts.

Who are Southwest Airlines' key executives?

Southwest Airlines' management team includes the following people:

Mr. Gary C. Kelly, Chairman & CEO (Age 66)
Mr. Thomas M. Nealon, Pres (Age 60, Pay $1.31M)
Ms. Tammy Romo, Exec. VP & CFO (Age 59)
Mr. Michael G. Van de Ven, Chief Operating Officer (Age 59)
Mr. Robert E. Jordan, Exec. VP of Corp. Services (Age 60)
Mr. Ray Schuster, Managing Director of Accounting & Financial Reporting
Mr. Thomas Merritt, VP of Technology Â Infrastructure & Services and CTO
Ms. Kathleen A. Merrill, Sr. VP & Chief Information Officer of Technology (Age 61)
Mr. Ryan Martinez, Managing Director of Investor Relations
Mr. Mark R. Shaw, Exec. VP and Chief Legal & Regulatory Officer (Age 58)

What is Gary C. Kelly's approval rating as Southwest Airlines' CEO?

1,507 employees have rated Southwest Airlines CEO Gary C. Kelly on Glassdoor.com. Gary C. Kelly has an approval rating of 94% among Southwest Airlines' employees. This puts Gary C. Kelly in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Southwest Airlines' key competitors?

Some companies that are related to Southwest Airlines include Delta Air Lines (DAL), United Airlines (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Allegiant Travel (ALGT), Copa (CPA), SkyWest (SKYW) and Hawaiian (HA).
View all of LUV's 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), NVIDIA (NVDA), The Walt Disney (DIS), The 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 institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (0.60%), Ardevora Asset Management LLP (0.21%), New York State Common Retirement Fund (0.21%), Tran Capital Management L.P. (0.17%), RE Advisers Corp (0.16%) and Obermeyer Wood Investment Counsel Lllp (0.15%). Company insiders that own Southwest Airlines stock include Andrew M Watterson, Berkshire Hathaway Inc, De Ven Michael G Van, Gregory D Wells, John T Montford, Tammy Romo and Thomas M Nealon.
View institutional ownership trends for Southwest Airlines.

Which institutional investors are selling Southwest Airlines stock?

LUV stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Vantage Investment Partners LLC, Alliancebernstein L.P., TIAA FSB, Avalon Investment & Advisory, Schwab Charitable Fund, Cutler Group LP, and Oregon Public Employees Retirement Fund. Company insiders that have sold Southwest Airlines company stock in the last year include Andrew M Watterson, De Ven Michael G Van, Gregory D Wells, John T Montford, Tammy Romo, and Thomas M Nealon.
View insider buying and selling activity for Southwest Airlines or view top insider-selling stocks.

Which institutional investors are buying Southwest Airlines stock?

LUV stock was purchased by a variety of institutional investors in the last quarter, including Symmetry Investments LP, Ardevora Asset Management LLP, Cambiar Investors LLC, Sanders Morris Harris LLC, WealthTrust Asset Management LLC, New York State Common Retirement Fund, Sitrin Capital Management LLC, and Gradient Investments LLC.
View insider buying and selling activity for Southwest Airlines or or view top insider-buying stocks.

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 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 $50.65.

How much money does Southwest Airlines make?

Southwest Airlines has a market capitalization of $29.95 billion and generates $9.05 billion in revenue each year. The airline earns $-3,074,000,000.00 in net income (profit) each year or ($6.22) on an earnings per share basis.

How many employees does Southwest Airlines have?

Southwest Airlines employs 56,500 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..

When was Southwest Airlines founded?

Southwest Airlines was founded in 1967.

What is Southwest Airlines' official website?

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

Where are Southwest Airlines' headquarters?

Southwest Airlines is headquartered at 2702 LOVE FIELD DRIVE P O BOX 36611, DALLAS TX, 75235.

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 8/4/2021 by MarketBeat.com Staff

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