Alaska Air Group, Inc. (ALK)

NYSE: ALK · IEX Real-Time Price · USD
-0.21 (-0.56%)
Sep 25, 2023, 10:07 AM EDT - Market open
Market Cap 4.74B
Revenue (ttm) 10.34B
Net Income (ttm) 160.00M
Shares Out 127.22M
EPS (ttm) 1.23
PE Ratio 30.49
Forward PE 6.11
Dividend n/a
Ex-Dividend Date n/a
Volume 164,070
Open 37.25
Previous Close 37.50
Day's Range 37.02 - 37.47
52-Week Range 37.04 - 57.18
Beta 1.55
Analysts Strong Buy
Price Target 65.81 (+76.48%)
Earnings Date Oct 19, 2023

About ALK

Alaska Air Group, Inc., through its subsidiaries, operated airlines. The company operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing and Airbus jet aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, and Belize; and for passengers across a shorter distance network within the United States and Canada. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. [Read more]

Industry Airlines
Sector Industrials
Founded 1932
Employees 25,469
Stock Exchange NYSE
Ticker Symbol ALK
Full Company Profile

Financial Performance

In 2022, ALK's revenue was $9.65 billion, an increase of 56.19% compared to the previous year's $6.18 billion. Earnings were $58.00 million, a decrease of -87.87%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ALK stock is "Strong Buy." The 12-month stock price forecast is $65.81, which is an increase of 76.48% from the latest price.

Price Target
(76.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts


Top 4 Industrials Stocks That Could Blast Off This Quarter - Alaska Air Gr (NYSE:ALK), Asure Software (NASDAQ:ASUR)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: ASURDRVNFREY
3 days ago - Benzinga

Flight attendants threaten strikes over low pay and unpaid work

Alaska Airlines, American and United could all be disrupted as air crew demand fairer share of vast profits

Other symbols: AALUAL
8 days ago - The Guardian

Airline market turbulence may provide entry point for investors, says JPMorgan's Jamie Baker

Jamie Baker, JPMorgan senior airline analyst, joins 'The Exchange' to discuss turbulence in the airline industry and his expectations for where prices may be headed from here.

Other symbols: AALDALLUVUAL
9 days ago - CNBC Television

Which Is A Better Pick – Alaska Air Or UAL Stock?

Given its attractive valuation, we believe Alaska Air stock (NYSE: ALK) is a better pick than its peer United Airlines stock (NASDAQ: UAL).

Other symbols: UAL
12 days ago - Forbes

Southwest, American Descend as Delta, United in Holding Pattern

Leisure travel is replacing still-sluggish business travel, and big investors like Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B are jumping on board, but airline industry stocks, as a group, h...

13 days ago - MarketBeat

Alaska Air Group to webcast from the Morgan Stanley 11th Annual Laguna Conference

SEATTLE , Sept. 8, 2023 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a fireside chat with CFO Shan...

16 days ago - PRNewsWire

Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In September - Alaska Air Gr (NYSE:ALK), American Airlines Group (NASDAQ:AAL)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: AALLHXPBITSP
18 days ago - Benzinga

Stocks trending for September 6, 2023: AMC, United, Alaska, Southwest airlines, Overstock

Yahoo Finance anchors Seana Smith and Akiko Fujita break down the trending tickers for September 6,2023 including AMC stock selling off after announcing plans to sell off 40 million shares, United, So...

Other symbols: LUVOSTKAMCUAL
18 days ago - Yahoo Finance

Airlines Warn About Impact of Higher Jet Fuel Costs

Three US carriers warned about an unexpected surge this quarter in the price of jet fuel, one of the industry's highest expenses, adding to lingering concerns about demand in domestic markets, lower f...

Other symbols: LUVUAL
18 days ago - Bloomberg Markets and Finance

Southwest, United, Alaska Air warn of higher jet fuel prices

Southwest (LUV), United (UAL), and Alaska Air (ALK) all raised jet fuel cost guidance, warning of higher prices to come. Yahoo Finance Live's Brad Smith and Julie Hyman break down the report and the o...

Other symbols: LUVUAL
18 days ago - Yahoo Finance

Alaska Air revises Q3 guidance to reflect spike in fuel costs in recent weeks

Alaska Air Group Inc. ALK revised its third-quarter guidance on Wednesday, after a considerable increase in fuel costs in recent weeks. In a regulatory filing, the airline said it's now expecting thir...

19 days ago - Market Watch

Alaska Airlines appoints new regional vice president for Hawai'i

HONOLULU , Aug. 30, 2023 /PRNewswire/ -- Alaska Airlines has promoted Daniel Chun to regional vice president – Hawai'i, in a move that underscores the airline's enduring commitment to the Aloha State....

26 days ago - PRNewsWire

Alaska Airlines announces next step of biometric strategy with passport verification before international travel

New partnership allows guests to verify passports at home, instead of at the airport SEATTLE , Aug. 29, 2023 /PRNewswire/ -- Alaska Airlines is helping you skip even more airport lines. With a couple ...

27 days ago - PRNewsWire

Alaska Air delays some Hawaii flights due to Maui wildfires

Alaska Air Group said on Thursday it was delaying some flights to Hawaii because of wildfires in the region.

6 weeks ago - Reuters

Airlines say domestic fares are sliding and threatening to chill record revenue growth

Southwest, Alaska and American have forecast weaker fare growth

Other symbols: AALLUV
2 months ago - CNBC

Despite travel demand Alaska Airlines is seeing a loss in pricing power: Alaska CEO Ben Minicucci

CNBC's Phil LeBeau with Ben Minicucci, CEO of Alaska Air, join 'The Exchange' to discuss a surge in international travel, Alaska Air's guidance leading to a slump in share prices, and how climatic ext...

2 months ago - CNBC Television

Markets Rally at Midday on Earnings Enthusiasm

The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.

Other symbols: DOWGEGMMMM
2 months ago - Investopedia

Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem

U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning on jet engines by aerospace giant RTX.

Other symbols: RTX
2 months ago - Reuters

Alaska Air Posts Record Quarterly Revenue. Why Airline Stocks Are Tumbling.

It's been a red hot summer for travel and for airline stocks. But the inevitable turbulence has arrived in the slightly surprising form of Alaska Air's earnings.

2 months ago - Barrons

Alaska Air Group reports second quarter 2023 results

Delivered industry-leading adjusted pre-tax margins of 18.3% on record quarterly revenue Adjusted pre-tax margin exceeds 2019 second quarter results despite higher fuel costs Achieved industry's best ...

2 months ago - PRNewsWire

What's In The Cards For Alaska Air's Q2?

Earnings will likely come in at about $2.60 on a per-share and adjusted basis, slightly below the $2.68 consensus estimate.

2 months ago - Forbes

Hola, Guatemala! Alaska Airlines, LAX's largest carrier to Latin America, expands to a new destination, Guatemala City

We'll fly nonstop daily between Los Angeles and Guatemala City starting this December;  plus, new flights to coastal getaway Ixtapa-Zihuatanejo from San Diego and Chicago SEATTLE , July 13, 2023 /PRNe...

2 months ago - PRNewsWire

Alaska Air Group announces webcast of second-quarter 2023 financial results

SEATTLE , July 10, 2023 /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 2023 secon...

2 months ago - PRNewsWire

Should You Buy Or Avoid Alaska Air Stock At $52?

Airlines stocks, in general, have fared well this year, with inflation easing and the Federal Reserve moderating the pace of its interest rate hikes.

3 months ago - Forbes

Travelers suffer through another day of cancellations. It may get worse as July 4 approaches.

Hundreds of thousands of summer travelers suffered through another day of delayed and canceled flights Wednesday, a troubling glimpse into what could happen over the long July 4 holiday weekend as air...

3 months ago - Market Watch