Southwest Airlines - LUV Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last twelve months. There are currently 7 hold ratings, 5 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.

13 equities research analysts have issued 12 month price targets for Southwest Airlines' shares. Their LUV share price forecasts range from $38.00 to $72.00. On average, they expect the company's stock price to reach $47.07 in the next year. This suggests a possible upside of 59.2% 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 the year. Since then, LUV stock has decreased by 12.2% and is now trading at $29.56.
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Southwest Airlines saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 10,090,000 shares, an increase of 5.7% from the February 13th total of 9,550,000 shares. Based on an average daily trading volume, of 6,700,000 shares, the short-interest ratio is currently 1.5 days. Approximately 1.7% of the company's shares are sold short.
View Southwest Airlines' Short Interest.

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

Southwest Airlines will be holding an earnings conference call on Thursday, April 27th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Southwest Airlines Co. (NYSE:LUV) announced its quarterly earnings data on Thursday, January, 26th. The airline reported ($0.38) earnings per share (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 analyst estimates of $6.14 billion. Southwest Airlines had a trailing twelve-month return on equity of 6.71% and a net margin of 2.26%. The business's revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the company posted $0.14 earnings per share.
Read the conference call transcript.

Southwest Airlines announced a quarterly dividend on Wednesday, February 1st. Shareholders 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 2.44%. The ex-dividend date of this dividend is Tuesday, March 7th.
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), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), Direxion Daily Transportation Bull 3X Shares (TPOR), ALPS Global Travel Beneficiaries ETF (JRNY) and SPDR S&P Transportation ETF (XTN).

Southwest Airlines (NYSE:LUV) pays an annual dividend of $0.72 per share and currently has a dividend yield of 2.39%. 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 18.51% 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 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 a number of retail and institutional investors. Top institutional investors include T. Rowe Price Investment Management Inc. (3.06%), Price T Rowe Associates Inc. MD (2.65%), Moneta Group Investment Advisors LLC (2.57%), Geode Capital Management LLC (2.00%), Artisan Partners Limited Partnership (1.85%) and U S Global Investors Inc. (1.02%). 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 $29.56.

Southwest Airlines (NYSE:LUV) has a market capitalization of $17.57 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 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.