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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Having Trouble in Your Trading? (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Laser breakthrough could send stock soaring 2,467% (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Having Trouble in Your Trading? (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Laser breakthrough could send stock soaring 2,467% (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Having Trouble in Your Trading? (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Laser breakthrough could send stock soaring 2,467% (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?

Spirit Airlines (SAVE) Stock Forecast, Price & News

$15.20
-0.01 (-0.07%)
(As of 06/1/2023 ET)
Compare
Today's Range
$15.11
$15.49
50-Day Range
$14.55
$17.62
52-Week Range
$14.41
$25.67
Volume
1.49 million shs
Average Volume
1.63 million shs
Market Capitalization
$1.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.14

Spirit Airlines MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
58.8% Upside
$24.14 Price Target
Short Interest
Bearish
8.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Spirit Airlines in the last 14 days
Based on 28 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
365.85%
From $0.41 to $1.91 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Transportation Sector

163rd out of 246 stocks

Air Transportation, Scheduled Industry

23rd out of 36 stocks


SAVE stock logo

About Spirit Airlines (NYSE:SAVE) Stock

Spirit Airlines, Inc. engages in the provision of air transportation services. Its operations are concentrated in markets such as South Florida, the Caribbean, Latin America, and the Northeast and Northern Midwest regions of the United States. The firm offers travel insurance, carry-on and checked baggage, online booking, and other services. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

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SAVE Stock News Headlines

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Spirit Airlines (NYSE:SAVE) Sets New 52-Week Low at $14.60
See More Headlines

SAVE Price History

SAVE Company Calendar

Ex-Dividend for 4/28 Dividend
4/21/2023
Last Earnings
4/27/2023
Dividend Payable
4/28/2023
Ex-Dividend for 5/31 Dividend
5/23/2023
Dividend Payable
5/31/2023
Today
6/01/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
N/A
Employees
12,025
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.14
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+58.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$-554,150,000.00
Pretax Margin
-10.98%

Debt

Sales & Book Value

Annual Sales
$5.07 billion
Cash Flow
$1.41 per share
Book Value
$13.47 per share

Miscellaneous

Free Float
108,561,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
1.12

Key Executives

  • Ted Christie
    President, Chief Executive Officer & Director
  • John Bendoraitis
    Chief Operating Officer & Executive Vice President
  • Scott M. Haralson
    Chief Financial Officer & Executive Vice President
  • Rocky B. Wiggins
    Chief Information Officer & Senior Vice President
  • Allen Messick
    Vice President-Supply Chain & Technical Operations













SAVE Stock - Frequently Asked Questions

Should I buy or sell Spirit Airlines stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SAVE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAVE, but not buy additional shares or sell existing shares.
View SAVE analyst ratings
or view top-rated stocks.

What is Spirit Airlines' stock price forecast for 2023?

10 brokers have issued 12-month target prices for Spirit Airlines' stock. Their SAVE share price forecasts range from $10.00 to $30.00. On average, they anticipate the company's share price to reach $24.14 in the next twelve months. This suggests a possible upside of 58.8% from the stock's current price.
View analysts price targets for SAVE
or view top-rated stocks among Wall Street analysts.

How have SAVE shares performed in 2023?

Spirit Airlines' stock was trading at $19.48 at the beginning of 2023. Since then, SAVE stock has decreased by 21.9% and is now trading at $15.2050.
View the best growth stocks for 2023 here
.

When is Spirit Airlines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our SAVE earnings forecast
.

How were Spirit Airlines' earnings last quarter?

Spirit Airlines, Inc. (NYSE:SAVE) announced its earnings results on Thursday, April, 27th. The company reported ($0.82) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.89) by $0.07. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.35 billion. Spirit Airlines had a negative trailing twelve-month return on equity of 6.24% and a negative net margin of 8.50%. The firm's revenue was up 39.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.60) EPS.

How often does Spirit Airlines pay dividends? What is the dividend yield for Spirit Airlines?

Spirit Airlines announced a dividend on Friday, May 12th. Stockholders of record on Wednesday, May 24th will be paid a dividend of $0.10 per share on Wednesday, May 31st. This represents a yield of 3.16%. The ex-dividend date of this dividend is Tuesday, May 23rd.
Read our dividend analysis for SAVE
.

What guidance has Spirit Airlines issued on next quarter's earnings?

Spirit Airlines updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.46 billion-$1.48 billion, compared to the consensus revenue estimate of $1.57 billion.

What is Ted Christie's approval rating as Spirit Airlines' CEO?

78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What is Spirit Airlines' stock symbol?

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

Who are Spirit Airlines' major shareholders?

Spirit Airlines' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (5.49%), Dimensional Fund Advisors LP (3.38%), Antara Capital LP (0.00%), Geode Capital Management LLC (1.91%), Segantii Capital Management Ltd (1.86%) and Ancient Art L.P. (1.58%). Insiders that own company stock include H Mcintyre Gardner and Robert D Johnson.
View institutional ownership trends
.

How do I buy shares of Spirit Airlines?

Shares of SAVE 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.
Compare Top Brokerages Here.

What is Spirit Airlines' stock price today?

One share of SAVE stock can currently be purchased for approximately $15.21.

How much money does Spirit Airlines make?

Spirit Airlines (NYSE:SAVE) has a market capitalization of $1.66 billion and generates $5.07 billion in revenue each year. The company earns $-554,150,000.00 in net income (profit) each year or ($4.25) on an earnings per share basis.

How many employees does Spirit Airlines have?

The company employs 12,025 workers across the globe.

How can I contact Spirit Airlines?

Spirit Airlines' mailing address is 2800 EXECUTIVE WAY, MIRAMAR FL, 33025. The official website for the company is www.spirit.com. The company can be reached via phone at (954) 447-7920, via email at investorrelations@spirit.com, or via fax at 954-447-7979.

This page (NYSE:SAVE) was last updated on 6/2/2023 by MarketBeat.com Staff

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