Alaska Air Group, Inc. (ALK)

NYSE: ALK · IEX Real-Time Price · USD
45.45
-1.24 (-2.66%)
At close: Aug 19, 2022 4:00 PM
45.45
0.00 (0.00%)
After-hours: Aug 19, 2022 7:44 PM EDT
-2.66%
Market Cap 5.76B
Revenue (ttm) 8.19B
Net Income (ttm) 208.00M
Shares Out 126.77M
EPS (ttm) 1.59
PE Ratio 28.58
Forward PE 11.30
Dividend n/a
Ex-Dividend Date n/a
Volume 1,127,404
Open 46.00
Previous Close 46.69
Day's Range 45.22 - 46.69
52-Week Range 38.19 - 63.76
Beta 1.47
Analysts Buy
Price Target 63.75 (+40.3%)
Earnings Date Jul 21, 2022

About ALK

Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. [Read more...]

Industry Airlines
Founded 1932
CEO Bradley Tilden
Employees 22,092
Stock Exchange NYSE
Ticker Symbol ALK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ALK stock is "Buy." The 12-month stock price forecast is 63.75, which is an increase of 40.26% from the latest price.

Price Target
$63.75
(40.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Airline unions urge carriers not to resume buybacks when bailout ban ends this fall

Airline unions say carriers should prioritize stabilizing their operation instead of buybacks.

Other symbols: AALDALJBLULUVUAL

Airlines Earnings Mixed: What Lies ahead of ETF?

Airlines earnings came in mixed in the second quarter. What lies ahead for the ETF?

Other symbols: AALDALJBLUJETSLUVUAL

Alaska Airlines corporate sustainable aviation fuels program adds Deloitte as participant with business travel emissi...

SEATTLE , Aug. 11, 2022 /PRNewswire/ -- Today, Alaska Airlines and Deloitte announced an agreement to advance purchase and use of sustainable aviation fuels (SAF) through Alaska's new corporate SAF prog...

Alaska Airlines launches new program to advance sustainable aviation fuels through corporate partnerships, shared lea...

Launch builds on 2020 program which marked first-in-the-US agreement with corporate partners to reduce business travel emissions through sustainable aviation fuels. SEATTLE , Aug. 11, 2022 /PRNewswire/ ...

You'll Be Sorry If You Sell These 7 Value Stocks Now, Analysts Say

Value stocks in the S&P 500 are outperforming this year. But analysts still think it's a mistake to part with some of them too soon.

Other symbols: BKRDISHGMMRONWSAWBD

IAM-represented employees at Alaska Airlines ratify two-year contract extension

SEATTLE , Aug. 6, 2022 /PRNewswire/ -- Alaska Airlines' airport customer service agents, stores, cargo, ground service and reservations agents, who are represented by the International Association of Ma...

Alaska Airlines makes significant investment in sustainable aviation fuel

Alaska is set to offtake 185 million gallons of sustainable aviation fuel from Gevo over five years beginning in 2026 SEATTLE , Aug. 3, 2022 /PRNewswire/ -- Alaska Airlines announced today it has finali...

Two years after the airline bailout, what are consumers getting?

This article is reprinted by permission from NerdWallet.

Other symbols: AALDALJBLULUVUAL

Alaska Airlines cooks up new vegan and plant-based options for travelers seeking fresh, healthy options

We've filled our flight menu with a range of fresh, bright flavors inspired by the West Coast SEATTLE , July 27, 2022 /PRNewswire/ -- This summer, Alaska Airlines guests can veg out on board with more g...

Alaska Air Rings Up Big Earnings Beat

Investors keep underestimating the West Coast airline's earnings potential.

7 Airline Stocks to Buy on the Dip

These airline stocks to buy on the dip that are benefitting from pent-up travel demand and have massive upside potential ahead. The post 7 Airline Stocks to Buy on the Dip appeared first on InvestorPlace.

Other symbols: ALGTATSGCPADALLUVRYAAY

Alaska Airlines will move to all Boeing fleet in 2023, says CEO Ben Minicucci

Ben Minicucci, Alaska Air CEO, joins 'The Exchange' with CNBC's Phil LeBeau to discuss company earnings and outlook, rising fuel costs and booking trends.

Other symbols: BA

Alaska Air (ALK) Q2 Earnings & Revenues Top Estimates, Up Y/Y

Alaska Air's (ALK) second-quarter 2022 revenues benefit from contributions from passenger revenues.

Alaska Air Group (ALK) Q2 Earnings and Revenues Surpass Estimates

Alaska Air (ALK) delivered earnings and revenue surprises of 12.89% and 2.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Alaska Air Group delivers record-breaking second quarter 2022 results

Generated record quarterly revenues of $2.7 billion on improved operational performance; flew record load factor of 88% reflecting strong demand SEATTLE , July 21, 2022 /PRNewswire/ -- Alaska Air Group ...

This airline is launching electronic bag tags to speed up airport check-in

Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in process for customers, the company said Tuesday.

Alaska Airlines becomes first U.S. airline to launch electronic bag tag program

SAN JOSE, Calif. , July 19, 2022 /PRNewswire/ -- Alaska Airlines announced on Tuesday it's poised to become the first U.S. airline to launch an electronic bag tag program later this year.

Transportation Stocks' Jul 21 Q2 Earnings List: AAL, ALK & UNP

High fuel prices are likely to have dented the Q2 bottom-line performances of AAL, ALK and UNP.

Other symbols: AALUNP

Alaska Air Group Orders Eight New E175 Aircraft for Operation with Horizon Air

FARNBOROUGH, England , July 19, 2022 /PRNewswire/ -- Alaska Air Group announced plans to grow its regional fleet with an order of eight new additional E175 jets and options for 13 more.  The E175 aircra...

Other symbols: ERJ

Brazil's Embraer gets new orders from Porter Airlines, Alaska

Brazilian planemaker Embraer SA on Tuesday announced new aircraft orders from Porter Airlines and Alaska Air Group Inc as it participates in the Farnborough Airshow in the UK.

Other symbols: ERJ

Is a Beat in the Cards for Alaska Air (ALK) in Q2 Earnings?

Alaska Air's (ALK) second-quarter 2022 revenues are expected to have benefited from improved air-travel demand. However, high fuel costs are expected to have hurt its bottom line.

Alaska Airline's new electronic bag tag will let you speed through the airport lobby

Given the current state of the worldwide aviation industry, checking a bag may not be the best idea right now. But sometimes you don't have a choice and soon, at least if you're flying Alaska Airlines, ...

Alaska Air Group (ALK) Reports Next Week: Wall Street Expects Earnings Growth

Alaska Air (ALK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Twelve and Alaska Airlines to collaborate with Microsoft to advance sustainable aviation fuel derived from recaptured...

Under the Memorandum of Understanding (MOU) agreement Twelve will also work with the companies toward a demonstration flight proving viability of commercial use of e-fuel, and to provide low carbon jet ...

Other symbols: MSFT

Alaska Air Group announces webcast of second-quarter 2022 financial results

SEATTLE , July 13, 2022 /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 2022 second ...