Southwest Airlines (LUV) Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 8 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LUV shares.
View LUV analyst ratings or view top-rated stocks.

14 brokers have issued 12 month price targets for Southwest Airlines' stock. Their LUV share price forecasts range from $38.00 to $63.00. On average, they anticipate the company's share price to reach $44.71 in the next year. This suggests a possible upside of 49.7% from the stock's current price.
View analysts price targets for LUV or view top-rated stocks among Wall Street analysts.

Southwest Airlines' stock was trading at $33.67 at the beginning of 2023. Since then, LUV shares have decreased by 11.3% and is now trading at $29.87.
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Southwest Airlines saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 15,850,000 shares, an increase of 17.2% from the April 15th total of 13,520,000 shares. Based on an average daily trading volume, of 6,840,000 shares, the days-to-cover ratio is presently 2.3 days.
View Southwest Airlines' Short Interest.

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

Southwest Airlines Co. (NYSE:LUV) posted its quarterly earnings data on Thursday, April, 27th. The airline reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.06. The airline earned $5.70 billion during the quarter, compared to analysts' expectations of $5.73 billion. Southwest Airlines had a net margin of 2.65% and a trailing twelve-month return on equity of 6.99%. Southwest Airlines's quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.32) earnings per share.
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Southwest Airlines announced a quarterly dividend on Wednesday, May 17th. Stockholders of record on Wednesday, June 21st will be given a dividend of $0.18 per share on Wednesday, July 12th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Tuesday, June 20th.
Read our dividend analysis for LUV.

ETFs with the largest weight of Southwest Airlines (NYSE:LUV) stock in their portfolio include U.S. Global Jets ETF (JETS), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), Direxion Daily Transportation Bull 3X Shares (TPOR), ALPS Global Travel Beneficiaries ETF (JRNY), SPDR S&P Transportation ETF (XTN), God Bless America ETF (YALL) and Alpha Intelligent - Large Cap Value ETF (AILV).

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.42%. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LUV will have a dividend payout ratio of 18.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

Southwest Airlines updated its first quarter 2023 earnings guidance on Friday, March, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.68 billion-$5.77 billion, compared to the consensus revenue estimate of $5.73 billion.

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.

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).

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

Southwest Airlines' stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.70%), Geode Capital Management LLC (2.06%), Artisan Partners Limited Partnership (1.85%), Provident Trust Co. (1.13%), U S Global Investors Inc. (1.09%) and Dimensional Fund Advisors LP (0.83%). Insiders that own company stock include Andrew M Watterson, De Ven Michael G Van, Gregory D Wells, John T Montford, Ryan C Green, Tammy Romo, Thomas M Nealon and Thomas W Gilligan.
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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.
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One share of LUV stock can currently be purchased for approximately $29.87.

Southwest Airlines (NYSE:LUV) has a market capitalization of $17.77 billion and generates $23.81 billion in revenue each year. The airline earns $539 million in net income (profit) each year or $1.00 on an earnings per share basis.

The company employs 66,656 workers across the globe.

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.