Southwest Airlines Company Company Profile (NYSE:LUV)

Southwest Airlines Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "LUV."

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.

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.

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.

Southwest Airlines Company is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Southwest Airlines Company.

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.

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)

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).

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

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.

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.

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.

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.

One share of Southwest Airlines Company stock can currently be purchased for approximately $60.28.