Alaska Air Group, Inc. (ALK)
| Market Cap | 6.66B |
| Revenue (ttm) | 11.74B |
| Net Income (ttm) | 395.00M |
| Shares Out | 123.08M |
| EPS (ttm) | 3.08 |
| PE Ratio | 17.58 |
| Forward PE | 9.27 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,746,351 |
| Open | 53.72 |
| Previous Close | 52.83 |
| Day's Range | 53.00 - 54.49 |
| 52-Week Range | 32.62 - 78.08 |
| Beta | 1.50 |
| Analysts | Strong Buy |
| Price Target | 69.58 (+28.52%) |
| Earnings Date | Apr 17, 2025 |
About ALK
Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Alaska Airlines, Hawaiian Airlines, and Regional. 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 12 analysts, the average rating for ALK stock is "Strong Buy." The 12-month stock price forecast is $69.58, which is an increase of 28.52% from the latest price.
News
VIPorter Members Can Now Redeem Points for Flights With Air Transat and Alaska Airlines
TORONTO--(BUSINESS WIRE)--Porter Airlines is expanding its VIPorter loyalty program, giving members even more ways to earn and redeem points for travel. For the first time, members can redeem VIPorter...
Alaska Airlines names new Vice President of Brand & Marketing
Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined Airline SEATTLE , March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice Presi...
Major air carriers challenge ruling on Biden airline fee rules
Major air carriers on Friday challenged a U.S. appeals court ruling in January that the Transportation Department has the authority to write airline fee disclosure rules.
Alaska Air Group: A High-Flying Bargain
Despite pandemic lows, Alaska Air rebounded strongly, demonstrating resilience and operational excellence, with stock prices recovering and showing no signs of slowing down. Q4 2024 results highlight ...
DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the ...
TDW+Co partners with Alaska Airlines & Hawaiian Airlines to Take Off with an Immersive Branded House in Austin
A One-Day Immersive Experience Showcasing the Future of Seamless Travel with Cutting-Edge Technology, Exclusive Speaker Panels, and Interactive Engagements. LOS ANGELES , March 5, 2025 /PRNewswire/ --...
Alaska Air flight attendants ratify labor contract
Alaska Air flight attendants have ratified a new three-year labor contract, a union representing the workers said on Friday.
Alaska Airlines flight attendants vote YES on new contract
SEATTLE , Feb. 28, 2025 /PRNewswire/ -- Alaska Airlines' more than 6,900 flight attendants, who are represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract. ...
KBRA Upgrades State of Alaska GO Bonds to AA+; Assigns AA Rating to State of Alaska Lease Revenue Refunding Bonds Series 2025A and 2025B (Forward Delivery) (Goose Creek Correctional Center Project); Upgrades Alaska Municipal Bond Bank GO Bonds to AA
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA upgrades the long-term rating for the State of Alaska General Obligation Bonds to AA+, from AA. KBRA simultaneously assigns a long-term rating of ...
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...
Top 3 small-cap stocks to buy ahead of Trump's inauguration
Small-cap stocks have been inching up in recent sessions but there are a bunch of names that are still trading at a significant discount. These stocks are all the more attractive to own ahead of Trump...
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
As of Jan. 13, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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...