Spirit Airlines (SAVE) Stock Price, News & Analysis

Company Overview

Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.

Key Stats

• Today's Range: $1.08 to $1.08
• 50-Day Range: $1.02 to $3.39
• 52-Week Range: $1.03 to $3.99
• Volume: 19,128 shs
• Average Volume: 9.61 million shs
• Market Capitalization: $118.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.75
• Consensus Rating: Strong Sell

SAVE Stock Analysis - Frequently Asked Questions

How were Spirit Airlines' earnings last quarter?

Spirit Airlines, Inc. (NYSE:SAVE) released its quarterly earnings data on Thursday, August, 1st. The company reported ($1.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.30) by $0.14. The company's quarterly revenue was down 10.6% on a year-over-year basis.

Who are Spirit Airlines' major shareholders?

Top institutional investors of Spirit Airlines include Caption Management LLC.
View institutional ownership trends.

What other stocks do shareholders of Spirit Airlines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spirit Airlines investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Delta Air Lines (DAL), Advanced Micro Devices (AMD), Netflix (NFLX) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 6/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Transportation
• Current Symbol: NYSE:SAVE
• CIK: 1498710
• Web: www.spirit.com
• Phone: (954) 447-7920
• Fax: 954-447-7979
• Employees: 13,167
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.75
• High Stock Price Target: $2.75
• Low Stock Price Target: $0.50
• Potential Upside/Downside: +62.0%
• Consensus Rating: Strong Sell
• Rating Score (0-4): 1.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($6.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$447.46 million
• Net Margins: -13.20%
• Pretax Margin: -15.19%
• Return on Equity: -57.87%
• Return on Assets: -6.51%

Debt

• Debt-to-Equity Ratio: 3.86
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $5.36 billion
• Price / Sales: 0.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $10.39 per share
• Price / Book: 0.10

Miscellaneous

• Outstanding Shares: 109,520,000
• Free Float: 108,729,000
• Market Cap: $118.28 million
• Optionable: Optionable
• Beta: 1.37