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OTCMKTS:LTMAY

LATAM Airlines Group (LTMAY) Stock Price, News & Analysis

$0.53
0.00 (0.00%)
(As of 04/18/2024 ET)
Today's Range
$0.52
$0.54
50-Day Range
$0.53
$0.62
52-Week Range
$0.25
$0.90
Volume
93,864 shs
Average Volume
156,729 shs
Market Capitalization
$321.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
LTMAY stock logo

About LATAM Airlines Group Stock (OTCMKTS:LTMAY)

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. It offers other services, such as ground handling, courier, logistics, and maintenance services. As of December 31, 2023, the company provides passenger transport services to 148 destinations in 26 countries and cargo services to 166 destinations in 33 countries; and operated 333 fleet of aircraft. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile.

LTMAY Stock Price History

LTMAY Stock News Headlines

LATAM Airlines Group S.A. (LTMAY)
LATAM Airlines Group (OTCMKTS:LTMAY) Shares Up 3.6%
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
LATAM Airlines fourth-quarter profit slides 95%
Azul Benefiting From Gol Bankruptcy Is Not Certain
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
N/A
Current Symbol
OTCMKTS:LTMAY
Employees
35,568
Year Founded
N/A

Profitability

Net Income
$581.83 million
Pretax Margin
5.12%

Debt

Sales & Book Value

Annual Sales
$11.64 billion
Cash Flow
$0.00 per share

Miscellaneous

Outstanding Shares
605,231,810,000
Free Float
557,963,207,000
Market Cap
$321.38 billion
Optionable
Not Optionable
Beta
3.73
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Key Executives

  • Mr. Roberto Alvo Milosawlewitsch (Age 55)
    Chief Executive Officer
  • Mr. Ramiro Diego Alfonsin Balza
    Chief Financial Officer
  • Mr. Hernan Pasman
    Chief Operating Officer
  • Mr. Andrés Del Valle Eitel (Age 65)
    Senior Vice President of Corporate Finance
  • Tori Creighton
    Head of Investor Relations
  • Mr. Juan Carlos Menció
    Chief Legal Officer
  • Mr. Emilio del Real Sota (Age 59)
    Chief People Officer
  • Mr. Paulo Miranda
    Chief Customer Officer
  • Ms. Juliana Rio
    Chief Digital & IT Officer
  • Mr. Juan Jose Toha
    Director of Corporate Affairs & Sustainability

Should I Buy LATAM Airlines Group Stock? LTMAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in LATAM Airlines:

  • Recent data shows LATAM Airlines widened its lead in Brazil's airline market in 2023, indicating strong market dominance and potential for growth.
  • With a domestic market share of 37.8% in Brazil, LATAM Airlines has a significant presence in a key Latin American economy, providing stability and revenue potential.
  • Offering passenger and cargo air transportation services to numerous destinations across multiple continents, LATAM Airlines has a diversified revenue stream.
  • Strong operational history since its founding in 1929, demonstrating resilience and longevity in the air transportation industry.
  • Current stock price trends indicate a positive outlook for LATAM Airlines, potentially offering investors an opportunity for capital appreciation.

Cons

Investors should be bearish about investing in LATAM Airlines for these reasons:

  • Volatility in the air transportation industry due to external factors like fuel prices, geopolitical events, and global economic conditions can impact LATAM Airlines' financial performance.
  • Regulatory challenges and changes in aviation policies in different countries where LATAM Airlines operates may pose risks to its operations and profitability.
  • Competition from other airlines in the Latin American region and globally could pressure LATAM Airlines' market share and pricing strategies.
  • Uncertainties related to the ongoing COVID-19 pandemic and its potential impact on air travel demand and industry recovery may affect LATAM Airlines' revenue and operations.
  • Investing in airline stocks carries inherent risks related to factors like fuel costs, labor disputes, and natural disasters that can impact profitability and stock performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these LATAM Airlines Group pros and cons to contact@marketbeat.com.

LTMAY Stock Analysis - Frequently Asked Questions

How have LTMAY shares performed in 2024?

LATAM Airlines Group's stock was trading at $0.59 on January 1st, 2024. Since then, LTMAY shares have decreased by 10.0% and is now trading at $0.5310.
View the best growth stocks for 2024 here
.

How were LATAM Airlines Group's earnings last quarter?

LATAM Airlines Group S.A. (OTCMKTS:LTMAY) posted its quarterly earnings data on Thursday, February, 22nd. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $3.21 billion for the quarter. LATAM Airlines Group had a net margin of 5.00% and a trailing twelve-month return on equity of 178.51%.

How do I buy shares of LATAM Airlines Group?

Shares of LTMAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LTMAY) was last updated on 4/19/2024 by MarketBeat.com Staff

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