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 1 sell rating, 3 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 equities research analysts have issued 1 year price objectives for Southwest Airlines' stock. Their LUV share price forecasts range from $36.00 to $72.00. On average, they expect the company's share price to reach $50.69 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price.
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Southwest Airlines' stock was trading at $42.84 on January 1st, 2022. Since then, LUV stock has decreased by 12.5% and is now trading at $37.49.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our LUV earnings forecast.

Southwest Airlines Co. (NYSE:LUV) released its quarterly earnings results on Thursday, October, 27th. The airline reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.09. The airline earned $6.20 billion during the quarter, compared to analysts' expectations of $6.22 billion. Southwest Airlines had a net margin of 3.64% and a trailing twelve-month return on equity of 9.66%. Southwest Airlines's revenue was up 32.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.23) earnings per share.
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Southwest Airlines announced a quarterly dividend on Tuesday, December 6th. Shareholders of record on Tuesday, January 10th will be paid a dividend of $0.18 per share on Tuesday, January 31st. This represents a $0.72 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Monday, January 9th.
Read our dividend analysis for LUV.

Southwest Airlines issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.47 billion-$6.70 billion, compared to the consensus revenue estimate of $6.23 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.92%), Primecap Management Co. CA (8.88%), Price T Rowe Associates Inc. MD (2.99%), Artisan Partners Limited Partnership (1.95%), U S Global Investors Inc. (1.01%) and Dimensional Fund Advisors LP (0.76%). 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.
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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 $37.49.

Southwest Airlines (NYSE:LUV) has a market capitalization of $22.26 billion and generates $15.79 billion in revenue each year. The airline earns $977 million in net income (profit) each year or $1.28 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.