Alaska Air Group, Inc. (ALK)
| Market Cap | 8.42B |
| Revenue (ttm) | 10.75B |
| Net Income (ttm) | 322.00M |
| Shares Out | 126.94M |
| EPS (ttm) | 2.51 |
| PE Ratio | 26.45 |
| Forward PE | 12.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,754,112 |
| Open | 67.95 |
| Previous Close | 67.42 |
| Day's Range | 66.12 - 67.95 |
| 52-Week Range | 32.62 - 69.10 |
| Beta | 1.55 |
| Analysts | Strong Buy |
| Price Target | 66.86 (+0.78%) |
| Earnings Date | Jan 23, 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 2023, Alaska Air Group's revenue was $10.43 billion, an increase of 8.09% compared to the previous year's $9.65 billion. Earnings were $235.00 million, an increase of 305.17%.
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 an increase of 0.78% from the latest price.
News
Top 3 small-cap stocks to buy ahead of Trump's inauguration
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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...
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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.
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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.
Dow and S&P 500 flat as markets await US inflation data; Alaska Air Group shares jump, while NVIDIA and Oracle slip
US equity averages were little changed on Tuesday as investors waited for the release of inflation data and further economic cues later this week. At the time of writing, the Dow Jones Industrial Ave...
Alaska Airlines Stock Surges 15% On Bullish Outlook
Alaska Airlines' strategic update boosts investor confidence, with the stock rising 14% as the company revises Q4 and FY 2025 guidance upwards. The Accelerate plan aims to regrow margins to 11-13% by ...
Alaska Air Stock Flies High on Boosted Guidance and $1 Billion Share Buyback Program
The company lifted its fiscal 2025 earnings outlook and anticipates ‘unprecedented' growth.
Alaska Airlines CEO on flight expansions and strong earnings results
Ben Minicucci, Alaska Airlines CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, if Alaska is a new global carrier, and much more.
Alaska Air Group Stock Soars on New Strategic Plan, Raised Outlook
Shares of Alaska Air Group (ALK) flew 14% higher Tuesday morning after the Alaska Airlines parent unveiled its strategic plan aimed at creating $1 billion in incremental profit in three years. The car...
Alaska sees $1 billion jump in profit after merger with Hawaiian Airlines
Alaska Air on Tuesday unveiled a plan to generate $1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a rally in...
Alaska Air is latest airline to boost guidance on strong holiday travel demand
Alaska Airlines Inc.'s stock was up 1.6% early Tuesday, after the regional carrier joined rivals in raising its fourth-quarter guidance as revenue rose more than expected and costs came down.
Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
Alaska Airlines plans to launch nonstop flights to Tokyo and Seoul from Seattle next year. The carrier closed its acquisition of Hawaiian Airlines in September, which gave it access to wide-body airpl...
Alaska Air Group introduces "Alaska Accelerate," its three-year strategic plan to deliver $1 billion in incremental profit following combination with Hawaiian Airlines
Alaska Air Group to unlock significant short- and long-term value creation to drive double digit margins of 11-13% and EPS to at least $10 by 2027; acquisition synergy estimates increased to at least ...