NYSE:SAVE

Spirit Airlines Stock Forecast, Price & News

$27.79
-0.26 (-0.93 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$27.62
$28.46
50-Day Range
$25.42
$36.44
52-Week Range
$14.65
$40.77
Volume3.01 million shs
Average Volume4.28 million shs
Market Capitalization$3.01 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.71
30 days | 90 days | 365 days | Advanced Chart
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Spirit Airlines logo

About Spirit Airlines

Spirit Airlines, Inc. provides airline services. It serves 78 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2020, the company had a fleet of 157 Airbus single-aisle aircraft comprising 31 A319ceos, 64 A320ceos, 32 A320neos, and 30 A321ceos. It offers tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

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MarketRank

Overall MarketRank

1.38 out of 5 stars

Transportation Sector

105th out of 258 stocks

Air Transportation, Scheduled Industry

15th out of 33 stocks

Analyst Opinion: 3.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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Spirit Airlines (NYSE:SAVE) Frequently Asked Questions

Is Spirit Airlines a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Spirit Airlines stock. 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 analyst ratings for Spirit Airlines
or view top-rated stocks.

What stocks does MarketBeat like better than Spirit Airlines?

Wall Street analysts have given Spirit Airlines a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Spirit Airlines wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Spirit Airlines' next earnings date?

Spirit Airlines is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Spirit Airlines
.

How can I listen to Spirit Airlines' earnings call?

Spirit Airlines will be holding an earnings conference call on Thursday, July 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Spirit Airlines' earnings last quarter?

Spirit Airlines, Inc. (NYSE:SAVE) issued its quarterly earnings data on Tuesday, April, 20th. The company reported ($2.48) earnings per share for the quarter, beating the Zacks' consensus estimate of ($2.63) by $0.15. The business earned $461.30 million during the quarter, compared to analyst estimates of $454.78 million. Spirit Airlines had a negative trailing twelve-month return on equity of 39.67% and a negative net margin of 34.21%. Spirit Airlines's quarterly revenue was down 40.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.86) EPS.
View Spirit Airlines' earnings history
.

How has Spirit Airlines' stock price been impacted by Coronavirus (COVID-19)?

Spirit Airlines' stock was trading at $20.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SAVE shares have increased by 32.8% and is now trading at $27.79.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for SAVE?

15 brokers have issued 12 month target prices for Spirit Airlines' stock. Their forecasts range from $16.00 to $54.00. On average, they anticipate Spirit Airlines' stock price to reach $40.46 in the next year. This suggests a possible upside of 45.6% from the stock's current price.
View analysts' price targets for Spirit Airlines
or view top-rated stocks among Wall Street analysts.

Who are Spirit Airlines' key executives?

Spirit Airlines' management team includes the following people:
  • Mr. Edward M. Christie III, Pres, CEO & Director (Age 50, Pay $670.33k)
  • Mr. Scott M. Haralson, Sr. VP & CFO (Age 48, Pay $390.37k)
  • Mr. John Bendoraitis, Exec. VP & COO (Age 57, Pay $448.69k)
  • Mr. Thomas C. Canfield, Sr. VP, Gen. Counsel & Company Sec. (Age 65, Pay $378.61k)
  • Mr. Matthew H. Klein, Exec. VP & Chief Commercial Officer (Age 47, Pay $416.63k)
  • Mr. Rocky B. Wiggins, Sr. VP & Chief Information Officer (Age 62)
  • DeAnne Gabel, Sr. Director of Investor Relations
  • Mr. Robert A. Schroeter, Sr. VP & Chief Marketing Officer (Age 43)
  • Mr. Brian J. McMenamy, VP & Controller (Age 62)

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

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

Who are some of Spirit Airlines' key competitors?

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 variety of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.78%), Hodges Capital Management Inc. (0.43%), Silverleafe Capital Partners LLC (0.03%) and Equitec Specialists LLC (0.00%). Company insiders that own Spirit Airlines stock include Brian J Mcmenamy, Christine P Richards, Edward M Christie III, H Mcintyre Gardner, Robert D Johnson, Rocky Wiggins and Thomas C Canfield.
View institutional ownership trends for Spirit Airlines
.

Which institutional investors are selling Spirit Airlines stock?

SAVE stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., and Equitec Specialists LLC.
View insider buying and selling activity for Spirit Airlines
or view top insider-selling stocks.

Which institutional investors are buying Spirit Airlines stock?

SAVE stock was acquired by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., and Silverleafe Capital Partners LLC. Company insiders that have bought Spirit Airlines stock in the last two years include Christine P Richards, Edward M Christie III, H Mcintyre Gardner, Rocky Wiggins, and Thomas C Canfield.
View insider buying and selling activity for Spirit Airlines
or or view top insider-buying stocks.

How do I buy shares of Spirit Airlines?

Shares of SAVE 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 $27.79.

How much money does Spirit Airlines make?

Spirit Airlines has a market capitalization of $3.01 billion and generates $1.81 billion in revenue each year. The company earns $-428,700,000.00 in net income (profit) each year or ($8.48) on an earnings per share basis.

How many employees does Spirit Airlines have?

Spirit Airlines employs 8,756 workers across the globe.

What is Spirit Airlines' official website?

The official website for Spirit Airlines is www.spirit.com.

Where are Spirit Airlines' headquarters?

Spirit Airlines is headquartered at 2800 EXECUTIVE WAY, MIRAMAR FL, 33025.

How can I contact Spirit Airlines?

Spirit Airlines' mailing address is 2800 EXECUTIVE WAY, MIRAMAR FL, 33025. The company can be reached via phone at 954 447 7920 or via email at [email protected]


This page was last updated on 7/24/2021 by MarketBeat.com Staff
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