NYSE:LUVSouthwest Airlines Stock Price, Forecast & News

Southwest Airlines' stock was trading at $42.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LUV shares have decreased by 32.1% and is now trading at $28.87. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Airlines in the last year. There are currently 1 sell rating, 8 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Southwest Airlines.

Southwest Airlines is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Southwest Airlines.

Southwest Airlines Co (NYSE:LUV) released its quarterly earnings results on Tuesday, April, 28th. The airline reported ($0.15) EPS for the quarter, beating analysts' consensus estimates of ($0.48) by $0.33. The airline had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.55 billion. Southwest Airlines had a return on equity of 18.92% and a net margin of 8.46%. The business's quarterly revenue was down 17.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 EPS. View Southwest Airlines' earnings history.

Southwest Airlines announced a quarterly dividend on Wednesday, January 29th. Investors of record on Wednesday, March 4th will be given a dividend of $0.18 per share on Wednesday, March 25th. This represents a $0.72 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Southwest Airlines' dividend history.

20 brokers have issued 1-year target prices for Southwest Airlines' shares. Their forecasts range from $36.00 to $67.00. On average, they anticipate Southwest Airlines' share price to reach $50.94 in the next twelve months. This suggests a possible upside of 76.5% from the stock's current price. View analysts' price targets for Southwest Airlines.

Media headlines about LUV stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Southwest Airlines earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the airline a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutSouthwest Airlines.

Southwest Airlines saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 8,370,000 shares, a drop of 13.4% from the April 15th total of 9,670,000 shares. Based on an average daily volume of 9,270,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.7% of the shares of the stock are short sold. View Southwest Airlines' Current Options Chain.

Some companies that are related to Southwest Airlines include Delta Air Lines (DAL), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), Allegiant Travel (ALGT), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Airlines investors own include Delta Air Lines (DAL), Walt Disney (DIS), Boeing (BA), NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Micron Technology (MU) and Cisco Systems (CSCO).

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

Southwest Airlines' stock is owned by many different institutional and retail investors. Top institutional investors include Primecap Management Co. CA (13.34%), State Street Corp (7.63%), Geode Capital Management LLC (1.32%), Fiduciary Management Inc. WI (1.11%), Parnassus Investments CA (1.04%) and Wellington Management Group LLP (1.02%). Company insiders that own Southwest Airlines stock include Andrew M Watterson, Berkshire Hathaway Inc, John T Montford and Mark R Shaw. View institutional ownership trends for Southwest Airlines.

LUV stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Rockefeller Capital Management L.P., Janus Henderson Group PLC, Morgan Stanley, Maj Invest Holding A S, Provident Trust Co., Nuveen Asset Management LLC, and Altshuler Shaham Ltd. View insider buying and selling activity for Southwest Airlines.

LUV stock was purchased by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Fiduciary Management Inc. WI, APG Asset Management N.V., U S Global Investors Inc., Canada Pension Plan Investment Board, Wellington Management Group LLP, First Trust Advisors LP, and Voloridge Investment Management LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of LUV stock can currently be purchased for approximately $28.87.

Southwest Airlines has a market capitalization of $14.69 billion and generates $22.43 billion in revenue each year. The airline earns $2.30 billion in net income (profit) each year or $4.27 on an earnings per share basis. Southwest Airlines employs 60,800 workers across the globe.

The official website for Southwest Airlines is www.southwest.com.

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.