Southwest Airlines - LUV Stock Forecast, Price & News

13 Wall Street 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 analysts is that investors should "buy" LUV shares.
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13 brokers have issued 1-year price targets for Southwest Airlines' shares. Their LUV share price forecasts range from $39.00 to $72.00. On average, they predict the company's stock price to reach $48.71 in the next year. This suggests a possible upside of 34.1% 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 start of the year. Since then, LUV stock has increased by 7.9% and is now trading at $36.33.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LUV earnings forecast.

Southwest Airlines Co. (NYSE:LUV) announced its earnings results on Thursday, January, 26th. The airline reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.35. The airline had revenue of $6.17 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share.
Read the conference call transcript.

Southwest Airlines declared a quarterly dividend on Wednesday, February 1st. Stockholders 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 annualized dividend and a yield of 1.98%. The ex-dividend date is Tuesday, March 7th.
Read our dividend analysis for LUV.

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.02%. 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 18.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUV.

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.

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 U S Global Investors Inc. (1.02%), Oldfield Partners LLP (0.37%), Fort Washington Investment Advisors Inc. OH (0.21%), Simplex Trading LLC (0.00%), New York State Teachers Retirement System (0.11%) and Strs Ohio (0.10%). 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.

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 $36.33.

Southwest Airlines (NYSE:LUV) has a market capitalization of $21.57 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.

The company employs 55,100 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.