S&P 500   4,271.19 (-0.07%)
DOW   33,908.83 (-0.21%)
QQQ   327.82 (-0.20%)
AAPL   173.49 (-0.61%)
MSFT   289.95 (-0.47%)
META   173.00 (-1.06%)
GOOGL   119.22 (-0.28%)
AMZN   141.28 (-0.58%)
TSLA   909.31 (-0.29%)
NVDA   184.50 (+0.63%)
NIO   19.85 (-1.15%)
BABA   89.35 (-0.47%)
AMD   98.25 (-0.02%)
MU   61.97 (+0.57%)
T   18.38 (-0.22%)
CGC   3.80 (-6.40%)
F   15.89 (-0.87%)
GE   79.37 (-0.69%)
DIS   122.09 (-0.59%)
AMC   21.02 (-1.59%)
PYPL   97.81 (-1.62%)
PFE   48.97 (-0.61%)
NFLX   240.88 (-0.11%)
S&P 500   4,271.19 (-0.07%)
DOW   33,908.83 (-0.21%)
QQQ   327.82 (-0.20%)
AAPL   173.49 (-0.61%)
MSFT   289.95 (-0.47%)
META   173.00 (-1.06%)
GOOGL   119.22 (-0.28%)
AMZN   141.28 (-0.58%)
TSLA   909.31 (-0.29%)
NVDA   184.50 (+0.63%)
NIO   19.85 (-1.15%)
BABA   89.35 (-0.47%)
AMD   98.25 (-0.02%)
MU   61.97 (+0.57%)
T   18.38 (-0.22%)
CGC   3.80 (-6.40%)
F   15.89 (-0.87%)
GE   79.37 (-0.69%)
DIS   122.09 (-0.59%)
AMC   21.02 (-1.59%)
PYPL   97.81 (-1.62%)
PFE   48.97 (-0.61%)
NFLX   240.88 (-0.11%)
S&P 500   4,271.19 (-0.07%)
DOW   33,908.83 (-0.21%)
QQQ   327.82 (-0.20%)
AAPL   173.49 (-0.61%)
MSFT   289.95 (-0.47%)
META   173.00 (-1.06%)
GOOGL   119.22 (-0.28%)
AMZN   141.28 (-0.58%)
TSLA   909.31 (-0.29%)
NVDA   184.50 (+0.63%)
NIO   19.85 (-1.15%)
BABA   89.35 (-0.47%)
AMD   98.25 (-0.02%)
MU   61.97 (+0.57%)
T   18.38 (-0.22%)
CGC   3.80 (-6.40%)
F   15.89 (-0.87%)
GE   79.37 (-0.69%)
DIS   122.09 (-0.59%)
AMC   21.02 (-1.59%)
PYPL   97.81 (-1.62%)
PFE   48.97 (-0.61%)
NFLX   240.88 (-0.11%)
S&P 500   4,271.19 (-0.07%)
DOW   33,908.83 (-0.21%)
QQQ   327.82 (-0.20%)
AAPL   173.49 (-0.61%)
MSFT   289.95 (-0.47%)
META   173.00 (-1.06%)
GOOGL   119.22 (-0.28%)
AMZN   141.28 (-0.58%)
TSLA   909.31 (-0.29%)
NVDA   184.50 (+0.63%)
NIO   19.85 (-1.15%)
BABA   89.35 (-0.47%)
AMD   98.25 (-0.02%)
MU   61.97 (+0.57%)
T   18.38 (-0.22%)
CGC   3.80 (-6.40%)
F   15.89 (-0.87%)
GE   79.37 (-0.69%)
DIS   122.09 (-0.59%)
AMC   21.02 (-1.59%)
PYPL   97.81 (-1.62%)
PFE   48.97 (-0.61%)
NFLX   240.88 (-0.11%)
NYSE:LUV

Southwest Airlines - LUV Stock Forecast, Price & News

$38.65
-0.29 (-0.74%)
(As of 08/18/2022 10:16 AM ET)
Add
Compare
Today's Range
$38.43
$39.05
50-Day Range
$34.98
$42.04
52-Week Range
$34.36
$56.33
Volume
30,968 shs
Average Volume
5.74 million shs
Market Capitalization
$22.93 billion
P/E Ratio
24.62
Dividend Yield
N/A
Price Target
$53.06

Southwest Airlines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.59 Rating Score
Upside/​Downside
36.0% 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
0.02mentions of Southwest Airlines in the last 14 days
Based on 24 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.

2.86 out of 5 stars

Transportation Sector

15th out of 125 stocks

Air Transportation, Scheduled Industry

3rd out of 20 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.

Southwest Airlines Trading Down 2.3 %

NYSE:LUV traded down $0.93 on Wednesday, hitting $38.94. 5,484,735 shares of the stock were exchanged, compared to its average volume of 6,745,745. Southwest Airlines has a fifty-two week low of $34.36 and a fifty-two week high of $56.33. The stock has a fifty day moving average of $38.30 and a 200-day moving average of $42.26. The company has a current ratio of 1.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.80. The stock has a market cap of $23.11 billion, a PE ratio of 24.74, a PEG ratio of 2.72 and a beta of 1.00.

Southwest Airlines (NYSE:LUV - Get Rating) last released its 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 company had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.69 billion. Southwest Airlines had a return on equity of 5.54% and a net margin of 4.71%. Southwest Airlines's quarterly revenue was up 67.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.35) EPS. As a group, equities analysts expect that Southwest Airlines will post 2.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LUV. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $60.00 target price on shares of Southwest Airlines in a research note on Friday, April 29th. Raymond James raised shares of Southwest Airlines from an "outperform" rating to a "strong-buy" rating and lowered their target price for the company from $57.00 to $55.00 in a research note on Thursday, June 23rd. Susquehanna Bancshares raised shares of Southwest Airlines from a "neutral" rating to a "positive" rating and set a $45.00 price objective for the company in a research note on Tuesday, July 12th. Barclays dropped 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. Finally, Argus lowered shares of Southwest Airlines from a "buy" rating to a "hold" rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Southwest Airlines has an average rating of "Moderate Buy" and a consensus target price of $53.06.

Insider Activity at Southwest Airlines

In other news, Director John T. Montford sold 2,300 shares of Southwest Airlines stock in a transaction on Friday, May 27th. The stock was sold at an average price of $45.70, for a total transaction of $105,110.00. Following the transaction, the director now directly owns 23,296 shares in the company, valued at approximately $1,064,627.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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
Investors Look to Capitalize on the Budding Green Revolution
Lithium is the uncontested fuel of the green energy revolution. One little-known small-cap lithium mining company in a renowned South American location has started attracting interest from opportunity-minded investors.
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) Downgraded to Hold at Argus
Southwest Airlines (NYSE:LUV) Now Covered by Melius
Big Potential Stock For 2022
This hot penny stock is on the move. Put it on your radar now.
What 6 Analyst Ratings Have To Say About Southwest Airlines
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
8/18/2022
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
+37.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.59
Research Coverage
17 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
$22.93 billion
Optionable
Optionable
Beta
1.00

Social Links















LUV Stock - Frequently Asked Questions

Should I buy or sell Southwest Airlines stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 sell rating, 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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?

17 equities research analysts have issued 1-year price targets for Southwest Airlines' shares. 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 36.2% 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 at the beginning of 2022. Since then, LUV shares have decreased by 9.1% and is now trading at $38.94.
View the best growth stocks for 2022 here
.

Are investors shorting Southwest Airlines?

Southwest Airlines saw a decline in short interest in 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 days-to-cover ratio is presently 1.8 days. Approximately 1.7% of the shares of the stock 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) posted its quarterly earnings data on Thursday, July, 28th. The airline reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.39. The airline had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.69 billion. Southwest Airlines had a net margin of 4.71% and a trailing twelve-month return on equity of 5.54%. Southwest Airlines's revenue was up 67.9% compared to the same quarter last year. During the same quarter last year, the business 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 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 number of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (8.92%), Price T Rowe Associates Inc. MD (5.63%), Artisan Partners Limited Partnership (1.95%), Northern Trust Corp (0.81%), Prudential Financial Inc. (0.46%) and Point72 Asset Management L.P. (0.38%). 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 $38.94.

How much money does Southwest Airlines make?

Southwest Airlines (NYSE:LUV) has a market capitalization of $23.11 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 8/18/2022 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.