Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies. Southwest's Rapid Rewards frequent flyer program enables program members (Members) to earn points for every dollar spent on Southwest fares. Its Internet Website, Southwest.com, is an avenue for Southwest customers to purchase and manage travel online. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Regional Airlines
- Sub-Industry: Airlines
- Symbol: NYSE:LUV
- CUSIP: 84474110
- Web: www.southwest.com
- Market Cap: $36.52163 billion
- Outstanding Shares: 604,663,000
- 50 Day Moving Avg: $61.22
- 200 Day Moving Avg: $56.59
- 52 Week Range: $35.42 - $64.39
Sales & Book Value:
- Trailing P/E Ratio: 18.08
- Foreward P/E Ratio: 12.56
- P/E Growth: 1.28
- Annual Revenue: $20.48 billion
- Price / Sales: 1.78
- Book Value: $13.57 per share
- Price / Book: 4.44
- Annual Dividend: $0.50
- Dividend Yield: 0.8%
- EBIDTA: $5.01 billion
- Net Margins: 10.16%
- Return on Equity: 26.75%
- Return on Assets: 9.40%
- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 0.62%
- Quick Ratio: 0.58%
- Average Volume: 4.57 million shs.
- Beta: 1.29
- Short Ratio: 2.75
Frequently Asked Questions for Southwest Airlines Company (NYSE:LUV)
What is Southwest Airlines Company's stock symbol?
Southwest Airlines Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "LUV."
How often does Southwest Airlines Company pay dividends? What is the dividend yield for Southwest Airlines Company?
Southwest Airlines Company declared a quarterly dividend on Thursday, May 18th. Shareholders of record on Wednesday, June 7th will be paid a dividend of $0.125 per share on Wednesday, June 28th. This represents a $0.50 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Monday, June 5th. This is a boost from Southwest Airlines Company's previous quarterly dividend of $0.10. View Southwest Airlines Company's Dividend History.
How will Southwest Airlines Company's stock buyback program work?
Southwest Airlines Company declared that its Board of Directors has authorized a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
How were Southwest Airlines Company's earnings last quarter?
Southwest Airlines Company (NYSE:LUV) announced its quarterly earnings data on Thursday, April, 27th. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.01. The business had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.91 billion. Southwest Airlines Company had a net margin of 10.16% and a return on equity of 26.75%. The company's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 earnings per share. View Southwest Airlines Company's Earnings History.
When will Southwest Airlines Company make its next earnings announcement?
Where is Southwest Airlines Company's stock going? Where will Southwest Airlines Company's stock price be in 2017?
17 brokers have issued 12-month price objectives for Southwest Airlines Company's shares. Their forecasts range from $37.36 to $80.00. On average, they expect Southwest Airlines Company's share price to reach $63.36 in the next year. View Analyst Ratings for Southwest Airlines Company.
What are analysts saying about Southwest Airlines Company stock?
Here are some recent quotes from research analysts about Southwest Airlines Company stock:
- 1. According to Zacks Investment Research, "Shares of Southwest Airlines have performed well, outperforming the Zacks categorized Transportation-Airline industry in the last six months. Ushering in further good news, the company hiked its quarterly dividend payout by 25%. Its board also cleared a new buyback plan worth $2 billion. Furthermore, we are impressed by Southwest Airlines' employee-friendly approach. The company has paid $586 million to its employees as part of its profit-sharing plan for 2016. The company's second-quarter view on unit revenues also raises optimism. However, high costs are likely to continue hurting bottom-line growth." (7/4/2017)
- 2. Imperial Capital analysts commented, "We are maintaining our Outperform rating on LUV shares. We are raising our one-year price target to $63 from $59 as well as our EPS estimates on higher unit revenues and lower unit costs. Our price target is about 17% above the recent share price. We are raising our FY17 EPS estimate to $4.00 from $3.90, and our FY18 EPS estimate to $5.25 from $5.15. Our new FY17 estimate assumes capacity increases 3.5% versus 3.8% previously, RASM increases 1% versus 0.5% previously, CASM ex-fuel increases 3% versus 4% previously, and jet fuel averages $2.00 per gallon." (1/27/2017)
Who are some of Southwest Airlines Company's key competitors?
Some companies that are related to Southwest Airlines Company include Canadian National Railway Company (CNI), FedEx Corporation (FDX), Deutsche Post AG (DPSGY), CSX Corporation (CSX), Delta Air Lines (DAL), Norfolk Souther Corporation (NSC), Ryanair Holdings PLC (RYAAY), American Airlines Group (AAL), Canadian Pacific Railway Limited (CP), A P MOLLAR-MRSK (AMKBY), United Continental Holdings (UAL), International Consoltd Airlns Grp SA (ICAGY), Gol Linhas Aereas Inteligentes S.A. (GOL), ANA Holdings (ALNPY), Kansas City Southern (KSU), Alaska Air Group (ALK), Expeditors International of Washington (EXPD) and Deutsche Lufthansa AG (DLAKY).
Who are Southwest Airlines Company's key executives?
Southwest Airlines Company's management team includes the folowing people:
- Gary C. Kelly, Chairman of the Board, Chief Executive Officer
- Thomas M. Nealon, President
- Ron Ricks, Vice Chairman of the Board
- Tammy Romo, Chief Financial Officer, Executive Vice President
- Michael G. Van de Ven, Chief Operating Officer
- Robert E. Jordan, Chief Commercial Officer, Executive Vice President
- Gregory D. Wells, Executive Vice President - Daily Operations
- Randy Sloan, Senior Vice President, Chief Information Officer
- Stan Alexander, Chief Technology Officer, Vice President
- Kathleen Wayton, Senior Vice President, Chief Information Officer
Who owns Southwest Airlines Company stock?
Southwest Airlines Company's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.83%), APG Asset Management N.V. (0.65%), Rockefeller Financial Services Inc. (0.51%), RE Advisers Corp (0.50%), James Investment Research Inc. (0.16%) and Douglas Lane & Associates LLC (0.14%). Company insiders that own Southwest Airlines Company stock include David W Biegler, De Ven Michael G Van, Gary C Kelly, Gregory D Wells, Jeff Lamb, John T Montford, Mark R Shaw, Robert E Jordan, Tammy Romo and William H Dr Cunningham. View Institutional Ownership Trends for Southwest Airlines Company.
Who sold Southwest Airlines Company stock? Who is selling Southwest Airlines Company stock?
Southwest Airlines Company's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, James Investment Research Inc., Rockefeller Financial Services Inc., APG Asset Management N.V., Douglas Lane & Associates LLC, Exxonmobil Investment Management Inc. TX, Nisa Investment Advisors LLC and Creative Planning. Company insiders that have sold Southwest Airlines Company stock in the last year include De Ven Michael G Van, Gary C Kelly, Gregory D Wells, Jeff Lamb, John T Montford, Mark R Shaw, Robert E Jordan and Tammy Romo. View Insider Buying and Selling for Southwest Airlines Company.
Who bought Southwest Airlines Company stock? Who is buying Southwest Airlines Company stock?
Southwest Airlines Company's stock was purchased by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Barometer Capital Management Inc., US Bancorp DE, Norman Fields Gottscho Capital Management LLC, Insight Capital Research & Management Inc., Deane Retirement Strategies Inc., Meeder Asset Management Inc. and NN Investment Partners Holdings N.V.. Company insiders that have bought Southwest Airlines Company stock in the last two years include De Ven Michael G Van, Gary C Kelly and William H Dr Cunningham. View Insider Buying and Selling for Southwest Airlines Company.
How do I buy Southwest Airlines Company stock?
Shares of Southwest Airlines Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Southwest Airlines Company's stock price today?
MarketBeat Community Rating for Southwest Airlines Company (NYSE LUV)MarketBeat's community ratings are surveys of what our community members think about Southwest Airlines Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Southwest Airlines Company stock can currently be purchased for approximately $60.28.
Consensus Ratings for Southwest Airlines Company (NYSE:LUV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 11 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.65)|
|Consensus Price Target: ||$63.36 (5.11% upside)|
Analysts' Ratings History for Southwest Airlines Company (NYSE:LUV)
(Data available from 7/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/13/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||$70.00||Low|
|7/10/2017||Morgan Stanley||Reiterated Rating||Overweight||$65.00 -> $66.00||Low|
|7/10/2017||Wolfe Research||Downgrade||Outperform -> Market Perform||$63.00||Low|
|6/30/2017||Bank of America Corporation||Boost Price Target||Buy||$62.00 -> $75.00||Low|
|6/22/2017||Argus||Upgrade||Hold -> Buy||$61.76 -> $68.00||Low|
|6/20/2017||Atlantic Securities||Initiated Coverage||Neutral -> Neutral||$71.00||Low|
|5/26/2017||Stifel Nicolaus||Reiterated Rating||Buy||$80.00||N/A|
|5/19/2017||Imperial Capital||Reiterated Rating||Outperform||Low|
|5/4/2017||Scotiabank||Reiterated Rating||Sector Perform||Low|
|4/28/2017||Deutsche Bank AG||Boost Price Target||Buy||$63.00 -> $65.00||Low|
|4/28/2017||Cowen and Company||Boost Price Target||Outperform -> Outperform||$58.00 -> $62.00||Low|
|1/25/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$55.00||N/A|
|12/15/2016||Barclays PLC||Initiated Coverage||Equal Weight||$65.00||N/A|
|12/6/2016||Citigroup Inc.||Reiterated Rating||Buy||N/A|
|9/12/2016||Credit Suisse Group AG||Set Price Target||Buy||$48.00||N/A|
|7/26/2016||Evercore ISI||Upgrade||Hold -> Buy||$47.00 -> $37.36||N/A|
|7/22/2016||Buckingham Research||Downgrade||Buy -> Neutral||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|4/19/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||N/A|
Earnings History for Southwest Airlines Company (NYSE:LUV)Earnings History by Quarter for Southwest Airlines Company (NYSE LUV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017|| || || || || || || || |
|4/27/2017||Q1 2017||$0.62||$0.61||$4.91 billion||$4.88 billion||View||N/A|
|1/26/2017||Q416||$0.70||$0.75||$5.03 billion||$5.10 billion||View||N/A|
|10/26/2016||Q316||$0.88||$0.93||$5.17 billion||$5.10 billion||View||Listen|
|7/21/2016||Q216||$1.21||$1.19||$5.41 billion||$5.38 billion||View||Listen|
|4/21/2016||Q116||$0.84||$0.88||$4.81 billion||$4.80 billion||View||Listen|
|1/21/2016||Q415||$0.90||$0.90||$5.00 billion||$5.00 billion||View||Listen|
|10/22/2015||Q315||$0.92||$0.94||$5.11 billion||$5.32 billion||View||Listen|
|7/23/2015||Q215||$1.02||$1.03||$5.14 billion||$5.10 billion||View||Listen|
|4/23/2015||Q115||$0.65||$0.66||$4.41 billion||$4.40 billion||View||N/A|
|1/22/2015||Q414||$0.54||$0.59||$4.59 billion||$4.60 billion||View||N/A|
|10/23/2014||Q314||$0.53||$0.55||$4.79 billion||$4.80 billion||View||Listen|
|7/24/2014||Q214||$0.61||$0.70||$4.92 billion||$5.01 billion||View||N/A|
|4/24/2014||Q114||$0.16||$0.18||$4.17 billion||$4.17 billion||View||N/A|
|1/22/2014||Q413||$0.29||$0.33||$4.39 billion||$4.40 billion||View||N/A|
|10/24/2013||Q313||$0.33||$0.34||$4.53 billion||$4.55 billion||View||N/A|
|7/25/2013||Q2 2013||$0.38||$0.38||$4.66 billion||$4.64 billion||View||N/A|
|4/25/2013||Q1 2013||$0.02||$0.07||$4.08 billion||$4.10 billion||View||N/A|
|1/24/2013||Q4 2012||$0.07||$0.09||$4.22 billion||$4.20 billion||View||N/A|
Earnings Estimates for Southwest Airlines Company (NYSE:LUV)
2017 EPS Consensus Estimate: $3.95
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Southwest Airlines Company (NYSE:LUV)
|Most Recent Dividend:||6/28/2017|
|Dividend Growth:||51.80% (3 Year Average)|
|Payout Ratio:||15.11% (Trailing 12 Months of Earnings) |
12.82% (Based on This Year's Estimates)
10.42% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Southwest Airlines Company (NYSE LUV)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Southwest Airlines Company (NYSE:LUV)
Insider Ownership Percentage: 0.18%Insider Trades by Quarter for Southwest Airlines Company (NYSE:LUV)
Institutional Ownership Percentage: 79.72%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/25/2017||Jeff Lamb||EVP||Sell||19,800||$61.00||$1,207,800.00|| |
|5/23/2017||Mark R Shaw||SVP||Sell||3,823||$59.13||$226,053.99|| |
|5/23/2017||Robert E Jordan||EVP||Sell||15,273||$59.72||$912,103.56|| |
|5/23/2017||Tammy Romo||CFO||Sell||8,322||$59.15||$492,246.30|| |
|5/19/2017||Gregory D Wells||EVP||Sell||5,249||$57.65||$302,604.85|| |
|5/18/2017||De Ven Michael G Van||COO||Sell||15,273||$57.14||$872,699.22|| |
|5/17/2017||Gary C Kelly||Chairman||Sell||51,000||$57.06||$2,910,060.00|| |
|2/28/2017||Robert E Jordan||EVP||Sell||13,939||$58.23||$811,667.97|| |
|2/27/2017||Gregory D Wells||EVP||Sell||3,305||$58.27||$192,582.35|| |
|2/27/2017||Mark R Shaw||SVP||Sell||1,211||$58.26||$70,552.86|| |
|2/24/2017||De Ven Michael G Van||COO||Sell||14,572||$57.72||$841,095.84|| |
|2/24/2017||Jeff Lamb||EVP||Sell||18,299||$57.87||$1,058,963.13|| |
|2/22/2017||Gary C Kelly||Chairman||Sell||21,300||$57.25||$1,219,425.00|| |
|1/30/2017||Tammy Romo||CFO||Sell||9,655||$51.79||$500,032.45|| |
|12/15/2016||John T Montford||Director||Sell||510||$50.93||$25,974.30|| |
|12/2/2016||Jeff Lamb||EVP||Sell||14,534||$48.10||$699,085.40|| |
|8/3/2016||De Ven Michael G Van||COO||Buy||4,200||$35.77||$150,234.00|| |
|8/3/2016||William H Dr Cunningham||Director||Buy||5,700||$35.80||$204,060.00|| |
|8/2/2016||Gary C Kelly||Insider||Buy||28,106||$35.58||$1,000,011.48|| |
|7/27/2016||Mark R Shaw||SVP||Sell||1,776||$37.62||$66,813.12|| |
|6/7/2016||John T Montford||Director||Sell||1,210||$43.31||$52,405.10|| |
|5/26/2016||Jeff Lamb||EVP||Sell||18,765||$41.79||$784,189.35|| |
|4/26/2016||Mark R Shaw||SVP||Sell||100||$47.31||$4,731.00|| |
|4/25/2016||David W Biegler||Director||Sell||8,000||$46.94||$375,520.00|| |
|2/24/2016||Jeff Lamb||EVP||Sell||6,662||$40.67||$270,943.54|| |
|11/12/2015||Gary C. Kelly||CEO||Sell||19,642||$46.75||$918,263.50|| |
|10/29/2015||Robert E. Jordan||EVP||Sell||55,031||$45.76||$2,518,218.56|| |
|8/25/2015||William H Dr Cunningham||Director||Buy||2,500||$37.86||$94,650.00|| |
|8/17/2015||Gary C Kelly||CEO||Sell||37,500||$40.31||$1,511,625.00|| |
|1/26/2015||Ron Ricks||EVP||Sell||18,560||$45.88||$851,532.80|| |
|11/19/2014||Tammy Romo||CFO||Sell||12,312||$39.36||$484,600.32|| |
|8/22/2014||Daniel D Villanueva||Director||Sell||10,000||$31.73||$317,300.00|| |
|8/21/2014||Gary C Kelly||CEO||Sell||60,600||$31.22||$1,891,932.00|| |
|8/21/2014||Robert E Jordan||EVP||Sell||45,511||$31.41||$1,429,500.51|| |
|8/20/2014||De Ven Michael G Van||COO||Sell||78,907||$31.29||$2,469,000.03|| |
|8/1/2014||Ron Ricks||EVP||Sell||37,400||$28.22||$1,055,428.00|| |
|5/27/2014||Robert E Jordan||EVP||Sell||45,000||$25.81||$1,161,450.00|| |
|5/21/2014||Gary Kelly||CEO||Sell||42,802||$24.96||$1,068,337.92|| |
|5/21/2014||Ron Ricks||EVP||Sell||30,911||$25.09||$775,556.99|| |
|5/21/2014||Tammy Romo||CFO||Sell||7,313||$25.10||$183,556.30|| |
|5/20/2014||Ron Ricks||EVP||Sell||22,452||$25.03||$561,973.56|| |
|5/16/2014||Tammy Romo||CFO||Sell||17,750||$24.49||$434,697.50|| |
|4/29/2014||Ron Ricks||EVP||Sell||21,700||$23.77||$515,809.00|| |
|2/3/2014||Douglas Brooks||Director||Buy||5,000||$20.46||$102,300.00|| |
|1/27/2014||Ron Ricks||EVP||Sell||35,000||$20.81||$728,350.00|| |
|12/2/2013||Ron Ricks||EVP||Sell||13,726||$18.71||$256,813.46|| |
|10/30/2013||Jeff Lamb||EVP||Sell||14,612||$17.07||$249,426.84|| |
|5/30/2013||De Ven Michael G Van||COO||Sell||1,000||$14.31||$14,310.00|| |
|5/23/2013||Robert E Jordan||EVP||Sell||63,162||$14.10||$890,584.20|| |
|5/22/2013||De Ven Michael G Van||COO||Sell||68,475||$14.23||$974,399.25|| |
|5/22/2013||Tammy Romo||CFO||Sell||38,926||$14.22||$553,527.72|| |
|5/20/2013||Jeff Lamb||EVP||Sell||30,000||$14.27||$428,100.00|| |
Headline Trends for Southwest Airlines Company (NYSE:LUV)
Latest Headlines for Southwest Airlines Company (NYSE:LUV)
Southwest Airlines Company (LUV) Chart for Saturday, July, 22, 2017