Southwest Airlines Co. (LUV)
| Market Cap | 19.05B |
| Revenue (ttm) | 27.38B |
| Net Income (ttm) | -48.00M |
| Shares Out | 599.74M |
| EPS (ttm) | -0.08 |
| PE Ratio | n/a |
| Forward PE | 20.65 |
| Dividend | $0.72 (2.27%) |
| Ex-Dividend Date | Sep 4, 2024 |
| Volume | 6,448,928 |
| Open | 32.24 |
| Previous Close | 32.36 |
| Day's Range | 31.45 - 32.32 |
| 52-Week Range | 23.58 - 35.18 |
| Beta | 1.15 |
| Analysts | Hold |
| Price Target | 30.31 (-4.6%) |
| Earnings Date | Oct 24, 2024 |
About LUV
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It al... [Read more]
Financial Performance
In 2023, Southwest Airlines Co.'s revenue was $26.09 billion, an increase of 9.56% compared to the previous year's $23.81 billion. Earnings were $465.00 million, a decrease of -13.73%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for LUV stock is "Hold." The 12-month stock price forecast is $30.31, which is a decrease of -4.60% from the latest price.
News
J.D. POWER NAMES TWO SOUTHWEST RAPID REWARDS CREDIT CARDS ISSUED BY CHASE AS THE TOP CO-BRANDED AIRLINE CREDIT CARDS FOR CUSTOMER SATISFACTION
Southwest Rapid Rewards Premier Credit Card ranks No. 1, and the Priority Credit Card ranks No.
Dram Shop Experts Expands Services to Meet Growing Demand in the South and Southwest United States
Greenwood, Mississippi--(Newsfile Corp. - November 18, 2024) - Dram Shop Experts, a trusted authority providing expert witness testimony and comprehensive assessments for alcohol service, liquor liabi...
Generational Group Advises Car-O-Liner Southwest in its sale to Hanging Rock
DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its clie...
Southwest Airlines plane struck by bullet before departure in Dallas
A Southwest Airlines plane preparing for departure at Dallas Love Field airport was struck by a bullet late on late Friday, prompting the aircraft to return to the gate, the airline said in a statemen...
Southwest Family Medicine Associates (“SW Family Medicine”) Data Breach under Investigation by Levi
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Southwest Family Medicine Associates ("SW Family Medicine") recently disclosedthat it suffered a data breach that compromised the sensitive personal and...
Southwest Family Medicine Associates ("SW Family Medicine") Data Breach Under Investigation by Levi
NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Southwest Family Medicine Associates ("SW Family Medicine") recently disclosed that it suffered a data breach that compromised the sensitive personal an...
Airline stocks are rising post-election due to lower tax rates and deregulation: Bernstein's Vernon
David Vernon, Bernstein analyst, joins 'Squawk on the Street' to discuss why airlines are beneficiaries of Trump's election, which airlines Vernon favors, and much more.
Southwest names aviation veteran Gangwal as board chairperson
Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud with activist investor Elliott.
SOUTHWEST AIRLINES NAMES RAKESH GANGWAL CHAIR OF THE BOARD AND ANNOUNCES NEW COMMITTEE CHAIRS
DALLAS , Nov. 4, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today announced the appointment of Rakesh Gangwal as independent Chair of the Board of Directo...
Southwest, other airlines gear up for premium, but will it be enough to lift stocks?
In a strategic manoeuvre to revitalize their stock performance, budget airlines are changing the way they assign seating. This pivot comes as low-fare carriers face increasing pressure from legacy air...
Southwest, Other Airlines Plan a Shake-Up. Why They Need More to Boost Their Stocks.
Budget carriers are targeting higher-end fliers—but that doesn't mean foie gras and flatbeds.
DOT requires airlines to give refunds for flight delays
The US Department of Transportation has implemented a new consumer-friendly refund rule for air travelers. Under this regulation, passengers are now automatically entitled to refunds and other travel ...
Major airlines criticize Biden air competition review, seek more time
Groups representing major airlines on Friday criticized the Biden administration's broad public inquiry into the state of competition in air travel, saying the review could dramatically impact the fut...
SOUTHWEST AIRLINES CELEBRATES 17 YEARS OF PROVIDING LIFE-CHANGING MEDICAL TRANSPORTATION
Airline provides a critical lifeline to patients seeking medical care by donating 13,000 tickets for round trip air travel DALLAS , Nov. 1, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is c...
CPABC: Southwest B.C.'s labour market softens as population growth accelerates
VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- According to this year's BC Check-Up: Work, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on emp...
SUMMER WITH SOUTHWEST! BOOK YOUR 2025 VACATIONS TODAY
Southwest again expands its redeye offerings High-demand seasonal routes for summer travel abound DALLAS , Oct. 30, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today extended its schedu...
AOM Infusion Expands Its Presence in the Southwest, Pacific Northwest, and Midwest
ARLINGTON, Texas--(BUSINESS WIRE)--AOM Infusion, a leading provider of specialty infusion therapy announced today that it is expanding its presence in Arizona, Michigan, and Washington.
Southwest Airlines must face pilots union lawsuit over intimidation, discipline threats
Southwest Airlines was ordered by a federal appeals court on Monday to face a lawsuit by its pilots union, which accused the carrier of violating federal law by intimidating and disciplining pilots fo...
QUITE A STIR: SOUTHWEST AIRLINES LAUNCHES NEW INFLIGHT CUP AND STIR STICK DESIGNED TO REDUCE ANNUAL SINGLE-USE PLASTICS BY MORE THAN 1.5 MILLION POUNDS
DALLAS , Oct. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) introduced a new bamboo cup for inflight cold beverages and a wood stir stick with the carrier's iconic Heart branding. Both...
Tammy McCarty Joins Alliant Insurance Services, Expands Southwest Team
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Tammy McCarty has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. Based in the Southwest, McCarty br...
Southwest Airlines Co. (LUV) Q3 2024 Earnings Call Transcript
Southwest Airlines Co. (NYSE:LUV) Q3 2024 Results Conference Call October 24, 2024 12:30 PM ET Company Participants Julia Landrum - VP, IR Bob Jordan - President & CEO Andrew Watterson - COO Tammy Ro...
Southwest CEO 'isn't out of the woods yet' with new board, says 13D Monitor's Ken Squire
Ken Squire, founder and president at 13D Monitor, joins CNBC's 'The Exchange' to discuss outlooks on Southwest, expectations for the new board, and more.
Golden Cross Takes Flight: Southwest Airlines Soars After Earnings Beat
Southwest Airlines Co. LUV is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management.
Southwest Q3 Earnings: Forward Guidance Disappoints On Cost Concerns
Southwest Airlines reported a non-GAAP EPS of $0.15, beating expectations, but shares fell due to cost pressures and board changes. Elliott Management's board shakeup adds uncertainty. The company aim...
Strong Q3 results and Elliott deal: is Southwest Airlines poised to soar?
Southwest Airlines (NYSE: LUV) surprised investors today by reporting third-quarter results that surpassed Wall Street's expectations. The company delivered a profit of $0.15 per share, significantly ...