Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 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 sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, such as car rental agencies, hotels, restaurants, and retailers. In addition, the company offers a suite of digital platforms to support customers' needs across the travel journey, including Southwest.com, mobile.southwest.com, an iOS app, an android app, an email subscription service, and push notifications; and Swabiz.com, a Website for business customers that offer businesses shared stored company credit cards, company activity reporting, and centralized traveler management services. Southwest Airlines Co. was founded in 1967 and is based in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Air transportation, scheduled
Sub-IndustryAirlines
SectorTransportation
SymbolNYSE:LUV
CUSIP84474110
Phone214-792-4000
Debt
Debt-to-Equity Ratio0.48
Current Ratio0.70
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio17.95
Forward P/E Ratio14.79
P/E Growth1.27
Sales & Book Value
Annual Sales$21.17 billion
Price / Sales1.68
Cash Flow$5.4438 per share
Price / Cash11.38
Book Value$17.58 per share
Price / Book3.52
Profitability
EPS (Most Recent Fiscal Year)$3.50
Net Income$3.49 billion
Net Margins16.90%
Return on Equity22.16%
Return on Assets8.50%
Miscellaneous
Employees56,100
Outstanding Shares573,020,000
Market Cap$36.54 billion
Southwest Airlines (NYSE:LUV) Frequently Asked Questions
What is Southwest Airlines' stock symbol?
Southwest Airlines trades on the New York Stock Exchange (NYSE) under the ticker symbol "LUV."
How often does Southwest Airlines pay dividends? What is the dividend yield for Southwest Airlines?
Southwest Airlines announced a quarterly dividend on Wednesday, August 1st. Shareholders of record on Wednesday, August 22nd will be paid a dividend of $0.16 per share on Wednesday, September 12th. This represents a $0.64 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Tuesday, August 21st. View Southwest Airlines' Dividend History.
How will Southwest Airlines' stock buyback program work?
Southwest Airlines announced that its board has approved a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
How were Southwest Airlines' earnings last quarter?
Southwest Airlines Co (NYSE:LUV) released its earnings results on Thursday, July, 26th. The airline reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.03. The airline earned $5.74 billion during the quarter, compared to the consensus estimate of $5.75 billion. Southwest Airlines had a return on equity of 22.16% and a net margin of 16.90%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 earnings per share. View Southwest Airlines' Earnings History.
When is Southwest Airlines' next earnings date?
What price target have analysts set for LUV?
16 brokerages have issued twelve-month price targets for Southwest Airlines' stock. Their forecasts range from $60.00 to $85.00. On average, they anticipate Southwest Airlines' stock price to reach $69.6667 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Southwest Airlines.
What is the consensus analysts' recommendation for Southwest Airlines?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Southwest Airlines.
Are investors shorting Southwest Airlines?
Southwest Airlines saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 16,880,394 shares, an increase of 41.5% from the August 15th total of 11,930,587 shares. Based on an average daily trading volume, of 3,606,691 shares, the short-interest ratio is currently 4.7 days. Currently, 3.0% of the shares of the company are sold short. View Southwest Airlines' Current Options Chain.
Who are some of Southwest Airlines' key competitors?
Some companies that are related to Southwest Airlines include Delta Air Lines (DAL), United Continental (UAL), Ryanair (RYAAY), American Airlines Group (AAL), Deutsche Lufthansa (DLAKY), China Eastern Airlines (CEA), Alaska Air Group (ALK), easyJet (EJTTF), Intl Cons Airl/S (ICAGY), China Southern Airlines (ZNH), JetBlue Airways (JBLU), Azul (AZUL), LATAM Airlines Group (LTM), CATHAY Pac AIRW/S (CPCAY) and Air France-KLM (AFLYY).
Who are Southwest Airlines' key executives?
Southwest Airlines' management team includes the folowing people:
- Mr. Gary C. Kelly, Chairman & CEO (Age 63)
- Mr. Thomas M. Nealon, Pres (Age 57)
- Ms. Tammy Romo, Exec. VP & CFO (Age 56)
- Mr. Michael G. Van de Ven, Chief Operating Officer (Age 56)
- Mr. Robert E. Jordan, Exec. VP of Corp. Services (Age 57)
Who are Southwest Airlines' major shareholders?
Southwest Airlines' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.91%), FMR LLC (1.99%), Boston Partners (1.54%), Bank of New York Mellon Corp (1.27%), Bank of New York Mellon Corp (1.27%) and Bank of Montreal Can (1.01%). Company insiders that own Southwest Airlines stock include Andrew M Watterson, De Ven Michael G Van, Douglas H Brooks, Gary C Kelly, Gregory D Wells, J Veronica Biggins, 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.
Which major investors are selling Southwest Airlines stock?
LUV stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Glenmede Trust Co. NA, Caisse DE Depot ET Placement DU Quebec, Los Angeles Capital Management & Equity Research Inc., Toronto Dominion Bank, Putnam Investments LLC and Wealthstreet Investment Advisors LLC. Company insiders that have sold Southwest Airlines company stock in the last year include Andrew M Watterson, De Ven Michael G Van, Douglas H Brooks, Gary C Kelly, Gregory D Wells, J Veronica Biggins, John T Montford, Mark R Shaw, Robert E Jordan and Tammy Romo. View Insider Buying and Selling for Southwest Airlines.
Which major investors are buying Southwest Airlines stock?
LUV stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Waddell & Reed Financial Inc., American Century Companies Inc., Morgan Stanley, Scout Investments Inc., Advisors Asset Management Inc., Bank of Montreal Can and Ashler Capital LLC. View Insider Buying and Selling for Southwest Airlines.
How do I buy shares of Southwest Airlines?
Shares of LUV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Southwest Airlines' stock price today?
One share of LUV stock can currently be purchased for approximately $61.86.
How big of a company is Southwest Airlines?
Southwest Airlines has a market capitalization of $36.54 billion and generates $21.17 billion in revenue each year. The airline earns $3.49 billion in net income (profit) each year or $3.50 on an earnings per share basis. Southwest Airlines employs 56,100 workers across the globe.
What is Southwest Airlines' official website?
How can I contact Southwest Airlines?
Southwest Airlines' mailing address is 2702 LOVE FIELD DRIVE P O BOX 36611, DALLAS TX, 75235. The airline can be reached via phone at 214-792-4000.
MarketBeat Community Rating for Southwest Airlines (NYSE LUV)
MarketBeat's community ratings are surveys of what our community members think about Southwest Airlines and other stocks. Vote "Outperform" if you believe LUV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LUV will underperform the S&P 500 over the long term. You may vote once every thirty days.
