American Airlines Group Inc. (AAL)
| Market Cap | 9.50B |
| Revenue (ttm) | 53.61B |
| Net Income (ttm) | 275.00M |
| Shares Out | 657.13M |
| EPS (ttm) | 0.42 |
| PE Ratio | 34.51 |
| Forward PE | 6.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 25,183,891 |
| Open | 14.18 |
| Previous Close | 14.33 |
| Day's Range | 14.00 - 14.49 |
| 52-Week Range | 9.07 - 16.15 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 14.23 (-1.59%) |
| Earnings Date | Oct 24, 2024 |
About AAL
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It operates a mainline fleet of 965 aircraft. The company was formerly known as AMR Corporation and changed its name to American Airlines Group I... [Read more]
Financial Performance
In 2023, American Airlines's revenue was $52.79 billion, an increase of 7.79% compared to the previous year's $48.97 billion. Earnings were $822.00 million, an increase of 547.24%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for AAL stock is "Buy." The 12-month stock price forecast is $14.23, which is a decrease of -1.59% from the latest price.
News
American Airlines to shame boarding line cutters with new technology
The new system will play a beep if a customer has a boarding group that hasn't been called yet. Airlines offer their big-spending frequent flyers earlier boarding as a perk and are trying to prevent l...
American Airlines to settle $139 million legal fee dispute after $1 verdict
American Airlines has reached a tentative settlement with flight booking company Sabre in the airline's fight to recover more than $139 million in legal fees after winning just $1 in damages at a 2022...
Airline stocks are rising post-election due to lower tax rates and deregulation: Bernstein's Vernon
David Vernon, Bernstein analyst, joins 'Squawk on the Street' to discuss why airlines are beneficiaries of Trump's election, which airlines Vernon favors, and much more.
American Airlines loses US appeal of ruling barring JetBlue alliance
A U.S. appeals court on Friday rejected a bid by American Airlines to overturn a judge's decision that sided with the U.S. Department of Justice and declared that its now-scrapped U.S. Northeast partn...
DOT requires airlines to give refunds for flight delays
The US Department of Transportation has implemented a new consumer-friendly refund rule for air travelers. Under this regulation, passengers are now automatically entitled to refunds and other travel ...
Major airlines criticize Biden air competition review, seek more time
Groups representing major airlines on Friday criticized the Biden administration's broad public inquiry into the state of competition in air travel, saying the review could dramatically impact the fut...
Top 3 Industrials Care Stocks That Plunge This Month
As of Oct. 28, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
American Airlines Won In The Sunbelt And Lost In New York
The Sunbelt airline has a network problem: It needs more presence in the rest of the country, particularly New York City.
American Airlines Analysts Boost Their Forecasts After Better-Than-Expected Earnings
American Airlines Group Inc. AAL reported upbeat third-quarter financial results and updated its 2024 EPS outlook on Thursday.
American Airlines CEO says the carrier has been 'struggling' with Boeing for 5 years and needs it to 'deliver quality aircraft on time'
Robert Isom, CEO of American Airlines, said the company has been struggling with Boeing for years. "I look forward to the day when they're not just a distraction," he told CNBC.
American Airlines Group Inc. (AAL) Q3 2024 Earnings Call Transcript
American Airlines Group Inc. (NASDAQ:AAL) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Scott Long - VP, IR & Corporate Development Robert Isom - CEO Devon May - C...
American Airlines is testing new tech to catch early flight boarders
American Airlines is looking to revamp its boarding process with some new technology that will flag people who board with the wrong group.
Striking Workers Deny BA Deal, AAL Soars, LUV Avoids Proxy Fight, UPS Rallies
Deal denied... again. Mechanist workers striking against Boeing (BA) rejected yet another deal from the company. American Airlines (AAL) managed to take flight following its earnings beat and raised g...
American Airlines CEO Robert Isom on Q3 results: Our team performed incredibly well
CNBC's Phil LeBeau and American Airlines CEO Robert Isom join 'Squawk Box' to discuss the company's quarterly earnings results, demand outlook, corporate bookings, impact of Boeing machinists strike, ...
American Airlines reports big profit beat and best load factor in 11 years
American Airlines beat earnings expectations and raised its full-year outlook, as load factor improved to the highest level seen in 11 years.
Southwest Air Tops Q3 Estimates, American Airlines Upgrades 2024 Outlook
Southwest, American Airlines, UPS, and Honeywell post mixed Q3 results, with Southwest and UPS beating earnings, while Honeywell misses revenue targets.
American Airlines lifts 2024 profit forecast after sales strategy shift
CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
American Airlines' fourth-quarter forecast tops estimates
American Airlines raised its 2024 profit forecast year after a sales strategy shift. The carrier also beat Wall Street's earnings and revenue expectations for the third quarter.
American Airlines lifts profit view on higher pricing, sales strategy correction
American Airlines lifted its annual profit forecast on Thursday, on improved pricing power and a recovery from the missteps in its sales strategy that led to an exodus of corporate clients.
American Airlines Reports Third-Quarter 2024 Financial Results
Record third-quarter revenue of $13.6 billion. Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per dilute...
American Airlines Has Been Trounced by Delta, United. Watch Its Earnings for This.
Airlines have been a mixed bag this earnings season. United stock soared after an earnings beat, but Delta's results missed expectations.
American Airlines fined $50 million for not providing wheelchairs to disabled passengers
American said it has made significant investments to improve the handling of wheelchairs.
American Airlines to pay $50 million penalty for mistreatment of disabled fliers
American Airlines' stock falls after $50 million settlement with DOT over mistreatment of disabled passengers.
US fines American Airlines record $50 million over treatment of disabled passengers
The U.S. Transportation Department on Wednesday said it was fining American Airlines a record $50 million for its treatment of disabled passengers, including failing to provide some with adequate assi...
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.