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Alaska Air Group, Inc. (ALK)

NYSE: ALK · IEX Real-Time Price · USD
53.96
+0.15 (0.28%)
After-hours:Oct 22, 2021 7:53 PM EDT
53.81
-2.39 (-4.25%)
At close: Oct 22, 4:00 PM
Market Cap6.82B
Revenue (ttm)3.83B
Net Income (ttm)-612.00M
Shares Out124.98M
EPS (ttm)-4.93
PE Ration/a
Forward PE11.26
Dividendn/a
Ex-Dividend Daten/a
Volume3,087,121
Open55.07
Previous Close56.20
Day's Range53.64 - 55.66
52-Week Range35.06 - 74.25
Beta1.70
AnalystsStrong Buy
Price Target78.14 (+45.2%)
Est. Earnings Daten/a

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 115 destinations throughout the United States and North America. The company was founded in 1932 and is based in Seattle, Washington.

IndustryAirlines
Founded1932
CEOBradley Tilden
Employees18,071
Stock ExchangeNYSE
Ticker SymbolALK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for ALK stock is "Strong Buy." The 12-month stock price forecast is 78.14, which is an increase of 45.21% from the latest price.

Price Target
$78.14
(45.21% upside)
Analyst Consensus: Strong Buy

News

1 Airline Just Reported a Strong Q3 Profit

Alaska Airlines had the best adjusted pre-tax margin of any major U.S. airline last quarter -- by nearly 10 percentage points.

1 day ago - The Motley Fool

Alaska Air's (ALK) Q3 Earnings Beat, Revenues Surge Y/Y

Alaska Air's (ALK) Q3 results gain from an uptick in air-travel demand. However, with demand still below the pre-pandemic levels, the carrier expects Q4 revenues to fall 16-19% from the 2019 level.

1 day ago - Zacks Investment Research

Alaska Airlines CEO: We had a very measured approach in bringing back our capacity

Alaska Airline CEO Ben Minicucci joins The Exchange to discuss his company's rebound from Covid, rising fuel prices and whether the airline is being affected by labor shortages. For access to live and e...

1 day ago - CNBC Television

Will Airlines Send the Stock Market to New Highs?

Earnings from major carriers have a lot to say about the health of the economy.

Other symbols:AALLUVUAL
2 days ago - The Motley Fool

Alaska Air Group (ALK) Beats Q3 Earnings and Revenue Estimates

Alaska Air (ALK) delivered earnings and revenue surprises of 13.95% and 1.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 days ago - Zacks Investment Research

Alaska Air Q3 Earnings Beat Estimates

Alaska Air Group, Inc. (NYSE: ALK) reported third-quarter FY21 operating revenue growth of 179% year-over-year to $1.95 billion, beating the consensus of $1.93 billion. Passenger revenue improved by 210...

2 days ago - Benzinga

Alaska Air Group reports third quarter 2021 results

SEATTLE, Oct. 21, 2021 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for its third quarter ending Sept. 30, 2021, and provided outlook for the fourth quarter ending Dec. ...

2 days ago - PRNewsWire

Alaska Air Group Earnings Preview

Alaska Air Group (NYSE:ALK) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

3 days ago - Benzinga

Alaska Airlines brings Boise and Idaho Falls a little closer with new nonstop flight

SEATTLE, Oct. 20, 2021 /PRNewswire/ -- We just can't help ourselves. Alaska Airlines is growing again in Boise with a pair of new nonstops we know our guests have been eager to see.

3 days ago - PRNewsWire

Airline Stocks to Watch for Earnings on Oct 21: ALK, AAL, LUV

Escalated fuel costs are likely to have dented the Q3 performances of Alaska Air (ALK), American Airlines (AAL) and Southwest Airlines (LUV).

Other symbols:AALLUV
3 days ago - Zacks Investment Research

Alaska Air Group Stock Poised For Long-Term Gains?

The shares of Alaska Air Group have lost 8% in value over the past two weeks largely due to concerns of high operational costs from pent-up benchmark prices. Government aid supported payroll related exp...

3 days ago - Forbes

Alaska Airlines launches new venture arm, with first investment in UP.Partners' $230M fund

Alaska Airlines has become the latest major airline to enter corporate investing with the launch of a new venture capital arm, dubbed Alaska Star Ventures, as the aviation industry looks to emerging tec...

4 days ago - TechCrunch

Will Delta-Variant-Led Woes Mar Alaska Air's (ALK) Q3 Earnings?

Alaska Air's (ALK) Q3 performance might have been hurt by softness in bookings, induced by a spike in coronavirus cases.

5 days ago - Zacks Investment Research

Alaska Air Group (ALK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Alaska Air (ALK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Alaska Air Group appoints tech executive to board of directors

SEATTLE, Oct. 14, 2021 /PRNewswire/ -- Alaska Air Group, Inc. announced today the appointment of Adrienne Lofton to the company's board of directors. Lofton, a marketing and retail omnichannel veteran w...

1 week ago - PRNewsWire

Alaska Air (ALK) Arm to Begin Anchorage-Salt Lake City Service

Alaska Air's (ALK) unit, Alaska Airlines, expands its foothold in Anchorage with new nonstop service to Salt Lake City, set to begin next June.

1 week ago - Zacks Investment Research

After Big Win At American Airlines And Re-Election, Transport Workers Leader Wants To Raid Southwest And Alaska Mecha...

After beating back a raid on American Airlines mechanics, Emerging national labor leader John Samuelsen wants to launch a counter-raid on mechanics at Southwest and Alaska Airlines.

Other symbols:LUV
1 week ago - Forbes

Alaska Airlines adds new nonstop service between Anchorage and Salt Lake City

SEATTLE, Oct. 7, 2021 /PRNewswire/ -- Alaska Airlines announced today the start of new nonstop service between Anchorage, our key hub in the state of Alaska, and Salt Lake City. With this flight – and o...

2 weeks ago - PRNewsWire

Alaska Air (ALK) Arm Inks Codeshare Deal With Iberia Airlines

Alaska Air (ALK) unit Alaska Airlines offers customers easy access to international destinations in Europe, through the codeshare agreement, effective Oct 7.

2 weeks ago - Zacks Investment Research

Alaska Airlines Enters New Codeshare Agreement With Iberia Airlines

Alaska Air Group, Inc's (NYSE: ALK) subsidiary Alaska Airlines entered a new codeshare agreement with Iberia Airlines. This agreement strengthens the existing partnership between the two airlines by pro...

2 weeks ago - Benzinga

Alaska Airlines launches new codeshare agreement with Iberia Airlines

SEATTLE, Oct. 5, 2021 /PRNewswire/ -- Alaska Airlines further expanded its global reach today with the announcement of a new codeshare agreement with Iberia Airlines, a fellow member of the oneworld all...

2 weeks ago - PRNewsWire

U.S. Aviation Stocks Gain After Update on Merk's COVID-19 Pill

Delta Air Lines (DAL) management's commentary that its ticket sales are improving bodes well.

Other symbols:DALJBLULUVMRKSAVEUAL
2 weeks ago - Zacks Investment Research

Alaska Airlines tells employees they must get Covid vaccinations under federal rules

Alaska Airlines told its 22,000 employees they must get Covid vaccinations under federal rules.

3 weeks ago - CNBC

JPMorgan Raises Price Target For Frontier Group, Southwest, Alaska Air; Downgrades Spirit Airlines

JPMorgan analyst Jamie Baker upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Overweight from Neutral and raised the price target to $22 (implying an upside of 32%), from $20.  Southwest Airlines C...

Other symbols:LUVULCC
3 weeks ago - Benzinga

Alaska Air Group to announce financial results

SEATTLE, Oct. 1, 2021 /PRNewswire/ -- Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., will announce its 2021 third quarter financial results on Thurs...

3 weeks ago - PRNewsWire