Alaska Air Group, Inc. (ALK)
| Market Cap | 8.64B |
| Revenue (ttm) | 11.74B |
| Net Income (ttm) | 395.00M |
| Shares Out | 123.08M |
| EPS (ttm) | 3.08 |
| PE Ratio | 22.79 |
| Forward PE | 11.49 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,408,122 |
| Open | 76.33 |
| Previous Close | 75.36 |
| Day's Range | 69.59 - 75.75 |
| 52-Week Range | 32.62 - 78.08 |
| Beta | 1.55 |
| Analysts | Strong Buy |
| Price Target | 66.86 (-4.72%) |
| Earnings Date | Apr 17, 2025 |
About ALK
Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. [Read more]
Financial Performance
In 2024, Alaska Air Group's revenue was $11.74 billion, an increase of 12.56% compared to the previous year's $10.43 billion. Earnings were $395.00 million, an increase of 68.09%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ALK stock is "Strong Buy." The 12-month stock price forecast is $66.86, which is a decrease of -4.72% from the latest price.
News
Alaska Airlines: Solid Q4 But A Hold For Now
Alaska Air Group posted strong Q4 results, with revenue up 38.4% YoY and EPS beating expectations, despite higher operating expenses and debt from Hawaiian Airlines acquisition. The Hawaiian Airlines ...
Alaska Air Group, Inc. (ALK) Q4 2024 Earnings Call Transcript
Alaska Air Group, Inc. (NYSE:ALK) Q4 2024 Earnings Conference Call January 23, 2025 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning and IR Ben Minicucci - President...
Alaska Airlines CEO: Acquisition of Hawaiian Airlines is improving 'beyond expectations'
CNBC's Phil LeBeau joins Ben Minicucci, Alaska Airlines CEO, on 'The Exchange' to discuss Alaska Airlines' latest earnings.
Airlines flex pricing power, signaling higher fares in 2025
Strong demand and limited capacity growth are set to push airfares higher. Aircraft delays have added to growth limitations.
Alaska Air Group Stock Rises as Hawaiian Airlines Acquisition Powers Results
Alaska Air Group (ALK) shares gained Thursday, a day after the airline beat profit and sales forecasts after it completed its acquisition of Hawaiian Airlines.
Alaska Air earnings beat estimates
CNBC's Becky Quick reports on the latest news.
Alaska Air Group reports fourth quarter and full year 2024 results
Reported record full year revenue of $11.7 billion Fourth quarter and full year adjusted earnings per share exceed high end of previously reported guidance Repurchased approximately $250 million in ou...
Alaska Air stock pops on earnings beat
CNBC's Phil LeBeau joins 'Fast Money' to talk Alaska Air earnings.
Alaska Air beats Q4 profit estimates, sees smaller Q1 loss on robust travel demand
Alaska Air Group on Wednesday topped Wall Street estimates for fourth-quarter profit and forecast a smaller-than-expected loss for the current quarter, driven by strong holiday and corporate travel de...
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Alaska Airlines Maps A Stronger Future
Alaska Airlines Maps A Stronger Future
Attention Oregonians! Alaska Airlines announces three new nonstops around the state
We'll fly daily between Portland and Houston starting this spring along with two daily Portland-Eugene roundtrips and a new Medford-San Diego route SEATTLE , Jan. 14, 2025 /PRNewswire/ -- Y'all, for t...
Top 2 Industrials Stocks That May Fall Off A Cliff In January
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Alaska Air Group announces webcast of fourth-quarter 2024 financial results
SEATTLE , Jan. 8, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 fourth...
Alaska Airlines announces new flights to Anchorage from Detroit and Sacramento
We'll offer the most nonstop destinations ever this summer from Alaska's largest city along with daily Portland-Fairbanks service; other new nonstops begin this week across our network SEATTLE , Jan....
Alaska Airlines names new vice president of maintenance and engineering
Executive John Wiitala joins Alaska with more than 34 years of airline experience SEATTLE , Jan. 6, 2025 /PRNewswire/ -- Alaska Airlines has named John Wiitala as its new vice president of maintenance...
These airlines were the most on-time in 2024
Aeromexico, Saudia and Delta dominated the rankings for most on-time airlines last year. On-time arrivals are flights that arrive within 15 minutes of their scheduled time.
Options Corner: NVDA, ALK, RIOT
It's a bull run of unusual trades on today's Options Corner. Tom White takes a look at trading examples in Nvidia (NVDA), Alaska Airlines (ALK) and Riot Platforms (RIOT).
Not Too Late To Buy The Airlines
The stock market is likely to continue to rally into January. There may be some weakness from February into March, but 2025 is due to close on the upside.
Buy, Sell, Or Hold Alaska Air Stock?
Alaska Air stock (NYSE: ALK) is up nearly 20% in this month after the company raised its Q4 outlook. Alaska now expects its Q4 earnings to be in the range of $0.40 and $0.50 per share, versus its prio...
Alaska Airlines selected to connect San Diego and Ronald Reagan Washington National Airport with nonstop service
Daily year-round service will seamlessly connect our guests between the nation's capital and one of our key West Coast hubs SEATTLE , Dec. 17, 2024 /PRNewswire/ -- Alaska Airlines is proud to announce...
Alaska's Department of Revenue Forms Strategic Partnership with Saige Consulting to Overhaul the Permanent Fund Dividend Application System
NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The State of Alaska, Department of Revenue (DOR), in collaboration with Saige Consulting (“Saige”), is excited to announce a new partnership aimed at modern...
Alaska Air's 2027 EPS Target May Exceed Expectations Amid Growth Drivers: Analyst Highlights Single Loyalty Program
Alaska Air Group, Inc. ALK shares are trading higher on Thursday.
Top 3 Industrials Stocks You May Want To Dump This Month
As of Dec. 12, 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.
Here's Why Analysts Say It's a Good Time to Buy Airline Stocks
Analysts are increasingly bullish on airlines going into 2025, with the major U.S. companies fighting to build brand loyalty in a strong demand environment.