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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:LUV

Southwest Airlines - LUV Stock Forecast, Price & News

$36.19
+0.17 (+0.47%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$35.57
$36.40
50-Day Range
$32.19
$40.08
52-Week Range
$30.20
$50.10
Volume
5.39 million shs
Average Volume
7.44 million shs
Market Capitalization
$21.49 billion
P/E Ratio
45.24
Dividend Yield
1.98%
Price Target
$48.71

Southwest Airlines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
34.6% Upside
$48.71 Price Target
Short Interest
Healthy
1.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.11
Upright™ Environmental Score
News Sentiment
0.12mentions of Southwest Airlines in the last 14 days
Based on 53 Articles This Week
Insider Trading
Selling Shares
$87,458 Sold Last Quarter
Proj. Earnings Growth
41.88%
From $2.77 to $3.93 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.15 out of 5 stars

Transportation Sector

1st out of 119 stocks

Air Transportation, Scheduled Industry

1st out of 19 stocks

LUV stock logo

About Southwest Airlines (NYSE:LUV) Stock

Founded in 1971, Southwest Airlines Co. is one of the world's most respected and awarded airlines. The company is known for offering customers great value and excellent service. Currently, Southwest Airlines Co. services 121 airports in 11 countries. The year 2021 marked the company's 51st anniversary, and it continues to work toward democratizing the sky by providing a reliable, low-cost air travel experience. More air travelers flying nonstop in the U.S. fly Southwest Airlines Co. than any other major airline. 

Southwest Airlines operates a large fleet of 771 Boeing 737 aircraft, making it the largest owner and operator of 737s in the world. It has traditionally only flown Boeing 737s, though it has leased other Boeing models for profitability and route testing. Southwest Airlines Co.'s fleet serves 121 destinations in 42 states, the District of Columbia and the Commonwealth of Puerto Rico, as well as in 10 other countries, including Mexico, the Caribbean and Central America.

Southwest Airlines Co. is based in Dallas and is famous for its employee-first corporate culture. The company has maintained an unprecedented record of no involuntary furloughs or layoffs in its 51-year history, providing employees stability and pride in their employer. Southwest Airlines Co. has led the industry with 47 consecutive years of profitability and growth.

Southwest Airlines Co. uses humor in its marketing, with slogans like "Love Is Still Our Field," "The Somebody Else Up There Who Loves You," "Just Plane Smart" and "You're Now Free to Move About the Country." To increase customer loyalty, the company launched a rewards program in 2011 that awards points for flights, hotel stays, car rentals and purchases at partner retailers, which consumers can redeem for free flights.

Southwest Airlines Co. has significantly influenced other low-cost carriers and the aviation industry as a whole. Its competitive strategy is to increase aircraft and employee productivity to reduce turnaround time at the gate. Ryanair and EasyJet have mirrored this rolling hub or point-to-point network strategy. 

Southwest has also had a lot of industry influence through its lobbying efforts, primarily to lobby against the development of high-speed rail systems in favor of providing more point-to-point flights between major cities. However, in recent years, Southwest Airlines Co. has been affected by customer lawsuits, flight delays and cancelations and system disruptions due to not investing in newer technologies.

Southwest Airlines Co. has provided value to its shareholders for many years, having returned more than $12.9 billion through stock repurchases and dividends as of March 2020. However, in the first quarter of 2020, the company had to suspend its dividend payments due to the uncertain market and COVID-19. On December 6, 2022, the board of directors decided to reinstate its quarterly cash dividend at 18 cents per share. This reinstated dividend equaled the expected dividend when it disappeared in 2020.

Southwest Airlines Co. is a leader in the aviation industry, providing great customer service, hospitality, employee stability and value to its shareholders.

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LUV Stock News Headlines

Boeing Produces the Last 747 Ever, What's Next? (LUV)
Boeing's famous 747 will still be flying, but no longer be produced as the company shifts towards more fuel-efficient alternatives.
Winter weather leads to scrubbed flights in Texas, beyond
Southwest Airlines and American Airlines are canceling dozens of flights in north Texas, which is under a winter storm warning until midweek
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Can Alaska Air Continue Soaring Above The Airline Industry? (LUV)
Alaska Air soared 11% last week on news that the company plans to recruit 3,500 new employees in a variety of roles and functions.
3 Airline Stocks Taking Off in 2023 (LUV)
Airline stocks are off to a fast start this year. Here are three names that are quickly benefitting from current tailwinds — and still trade for peanuts.
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Brokerages Set Southwest Airlines Co. (NYSE:LUV) PT at $48.62
Southwest Reducing Training Time Needed for New Pilots
Former JCPenney CEO joins Southwest Airlines board
See More Headlines
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LUV Company Calendar

Ex-Dividend for 1/31 Dividend
1/09/2023
Last Earnings
1/26/2023
Dividend Payable
1/31/2023
Today
2/07/2023
Ex-Dividend for 3/29 Dividend
3/07/2023
Dividend Payable
3/29/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

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
$48.71
High Stock Price Forecast
$72.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+34.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$539 million
Pretax Margin
3.06%

Debt

Sales & Book Value

Annual Sales
$23.81 billion
Cash Flow
$3.48 per share
Book Value
$18.00 per share

Miscellaneous

Free Float
591,852,000
Market Cap
$21.49 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Robert E. Jordan
    President, Chief Executive Officer & Director
  • Andrew M. WattersonAndrew M. Watterson
    EVP, Chief Commercial & Operating Officer
  • Tammy RomoTammy Romo
    Chief Financial Officer & Executive Vice President
  • Landon Nitschke
    Senior Vice President-Technical Operations
  • Thomas Merritt
    CTO, VP-Technology, Infrastructure & Services













LUV Stock - Frequently Asked Questions

Should I buy or sell Southwest Airlines stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 4 hold ratings, 8 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 2023?

13 Wall Street analysts have issued 12 month target prices for Southwest Airlines' stock. Their LUV share price forecasts range from $39.00 to $72.00. On average, they expect the company's share price to reach $48.71 in the next year. This suggests a possible upside of 34.6% 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 2023?

Southwest Airlines' stock was trading at $33.67 at the beginning of the year. Since then, LUV stock has increased by 7.5% and is now trading at $36.19.
View the best growth stocks for 2023 here
.

When is Southwest Airlines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LUV earnings forecast
.

How were Southwest Airlines' earnings last quarter?

Southwest Airlines Co. (NYSE:LUV) posted its quarterly earnings data on Thursday, January, 26th. The airline reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.35. The airline earned $6.17 billion during the quarter, compared to analysts' expectations 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 firm's revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share.
Read the conference call transcript
.

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

Southwest Airlines declared a quarterly dividend on Wednesday, February 1st. Investors of record on Wednesday, March 8th will be given a dividend of $0.18 per share on Wednesday, March 29th. This represents a $0.72 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for LUV
.

Is Southwest Airlines a good dividend stock?

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.98%. 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 18.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

What guidance has Southwest Airlines issued on next quarter's earnings?

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.

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 variety of institutional and retail investors. Top institutional investors include U S Global Investors Inc. (1.02%), Provident Trust Co. (0.43%), Oldfield Partners LLP (0.37%), Envestnet Asset Management Inc. (0.30%), TD Asset Management Inc (0.25%) and Fort Washington Investment Advisors Inc. OH (0.21%). 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 $36.19.

How much money does Southwest Airlines make?

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.49 billion and generates $23.81 billion in revenue each year. The airline earns $539 million in net income (profit) each year or $0.80 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
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 2/8/2023 by MarketBeat.com Staff