LATAM Airlines Group S.A. (LTM)

NYSE: LTM · Real-Time Price · USD
28.49
+0.34 (1.21%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.21%
Market Cap 8.65B
Revenue (ttm) 12.71B
Net Income (ttm) 787.99M
Shares Out 604.44B
EPS (ttm) 0.00
PE Ratio 10.97
Forward PE 7.82
Dividend $0.00 (0.00%)
Ex-Dividend Date May 9, 2024
Volume 244,446
Open 28.07
Previous Close 28.15
Day's Range 27.94 - 28.65
52-Week Range 21.83 - 28.65
Beta n/a
Analysts Strong Buy
Price Target 38.00 (+33.38%)
Earnings Date n/a

About LTM

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. It offers other services, such as ground handling, courier, logistics, and maintenance services. As of December 31, 2023, the company provides passenger transport services to 148 destinations in 26 countries and cargo services to 166 destinations in 33 countries; and operated 333 fleet of aircraft. The comp... [Read more]

Industry Airlines
Sector Industrials
Founded 1929
Employees 35,568
Stock Exchange NYSE
Ticker Symbol LTM
Full Company Profile

Financial Performance

In 2023, LATAM Airlines Group's revenue was $11.64 billion, an increase of 24.33% compared to the previous year's $9.36 billion. Earnings were $581.83 million, a decrease of -56.55%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for LTM stock is "Strong Buy." The 12-month stock price forecast is $38.0, which is an increase of 33.38% from the latest price.

Price Target
$38.0
(33.38% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LATAM Airlines: Flying Out Of Bankruptcy With Significant Upside

LATAM Airlines has shown strong performance with a 14% operating margin, 12.5% operating income growth, and nearly 30% net income growth. The company successfully refinanced debt, reducing interest ex...

3 days ago - Seeking Alpha

LATAM Airlines Group S.A. (LTM) Q3 2024 Earnings Call Transcript

LATAM Airlines Group S.A. (LTM) Q3 2024 Earnings Call Transcript

12 days ago - Seeking Alpha

LATAM, Aeromexico weigh alternatives to scarce sustainable fuels

Two of Latin America's top airlines - Chilean carrier LATAM and Mexico's Aeromexico - are considering alternatives to sustainable aviation fuel (SAF), which remains in short supply in the region, as a...

Other symbols: AERO
12 days ago - Reuters

Latam Airlines upgrades earnings outlook at investor event

Latam Airlines upgraded its guidance for 2024 earnings and passenger growth on Tuesday as the company celebrated its return to listing on the New York Stock Exchange during an event with investors.

4 weeks ago - Reuters

LATAM to Host Investor Day on October 22, 2024 in New York

SANTIAGO, Chile , Oct. 7, 2024 /PRNewswire/ -- LATAM Airlines Group S.A. (the "Company" or "LATAM") (NYSE: LTM), the leading passenger and cargo airline group in South America, will host its Investor ...

6 weeks ago - PRNewsWire

LATAM Airlines' Earnings Will Remain 'Higher For Longer,' Says Bullish Analyst

LATAM Airlines Group SA LTM shares were declining in early trading on Tuesday.

7 weeks ago - Benzinga

Boeing faces another headwind after LATAM Airlines plunge

Boeing has an assembly issue with 787 Dreamliners and the FAA is forcing the company to address it. It marks yet another woe for the embattled aerospace giant.

Other symbols: BA
3 months ago - Fox Business

LATAM Airlines: Back From The Grave

LTM was relisted on the NYSE with the correct share count and price transparency vs the OTC listing. LTM emerged from Chapter 11 with a de-risked balance sheet, far more efficient operation, and is ex...

3 months ago - Seeking Alpha

LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says

LATAM Airlines could potentially buy as many as 30 aircraft from Brazilian planemaker Embraer as the carrier looks to expand operations in Latin America's largest economy, Brazil's ports and airports ...

Other symbols: ERJ
3 months ago - Reuters

LATAM Brazil chief says airline could add smaller Embraer, Airbus planes

LATAM Airlines is weighing the possibility of adding smaller aircraft to its fleet such as Embraer's E2 and Airbus' A220, the firm's Brazil head said on Wednesday.

Other symbols: ERJ
3 months ago - Reuters

LATAM Airlines to invest $2 bln in Brazil over 2 years

LATAM Airlines on Monday said that it would invest $2 billion in Brazil, Latin America's largest economy, within the next two years.

3 months ago - Reuters

U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week

A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in th...

4 months ago - Seeking Alpha

LATAM Airlines to relist on NYSE with potential valuation of $8.5 billion

LATAM Airlines is set to relist its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday as reported by Reuters.

4 months ago - Invezz

LATAM Airlines expands frequency of Brazil international flights; Air France adds route

LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it said on Thursday.

6 months ago - Reuters

Softchoice Announces First Quarter 2024 Results

TORONTO--(BUSINESS WIRE)--Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) today announced its financial results for the first quarter (“Q1 2024”) ended March 31, 2024. Softchoice wi...

7 months ago - Business Wire

LATAM Airlines Group S.A. (LTMAY) Q1 2024 Earnings Call Transcript

LATAM Airlines Group S.A. (OTCPK:LTMAY) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Ramiro Alfonsin - Chief Financial Officer Roberto Alvo - Chief Executive Officer Co...

7 months ago - Seeking Alpha

LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol

LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody airc...

Other symbols: BA
7 months ago - Reuters

Boeing urges airlines to check switches after LATAM plane plunge

Boeing on Friday warned airlines flying its 787 Dreamliner model to inspect certain switches in the cockpit, after a New Zealand-bound LATAM plane dropped violently mid-flight, injuring dozens of trav...

Other symbols: BA
8 months ago - TechXplore

Boeing cockpit seat switch mishap reportedly led to Latam flight incident

New scrutiny of planemaker's 787 Dreamliner over terrifying drop adds to safety crisis after cabin panel blowout on 737 Max 9 jet

Other symbols: BA
8 months ago - The Guardian

Switch on cockpit pilot seat may have inadvertently triggered sudden plunge in Boeing Latam jet: report

A switch on a pilot's seat aboard a Boeing 787 Dreamliner may have caused the flight to suddenly lose altitude, resulting in injuries to several passengers.

Other symbols: BA
8 months ago - Market Watch

Cockpit Mishap Seen as Likely Cause of Plunge on Latam Boeing 787

A flight attendant hit a seat switch that pushed the pilot into controls during a flight to New Zealand, industry officials say.

Other symbols: BA
8 months ago - WSJ

Pilot seat movement a focus of probe into LATAM Boeing flight, report says

The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines Boeing 787 plane that left more than 50 people injured, aviation industry publication the ...

Other symbols: BA
9 months ago - Reuters

Black box seized after 'technical' failure on Boeing-made LATAM plane

New Zealand investigators Tuesday seized the flight recorder from a Boeing-made LATAM plane, searching for the cause of a mid-air plunge that injured dozens of terrified travelers.

Other symbols: BA
9 months ago - TechXplore

New Zealand Authorities Seize LATAM Boeing 787's Black Boxes After Incident Injures Over 50 Onboard

Authorities in New Zealand said Tuesday they were seizing the so-called black boxes of the LATAM Airlines Boeing 787 plane, which faced a mid-flight technical issue that resulted in more than 50 passe...

Other symbols: BA
9 months ago - Forbes

New Zealand says seizing black boxes from LATAM Boeing 787

New Zealand's Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder of a LATAM Airlines Boeing 787 after an incident that left ...

Other symbols: BA
9 months ago - Reuters