Southwest Airlines Co. (LUV)
| Market Cap | 16.13B |
| Revenue (ttm) | 26.71B |
| Net Income (ttm) | 393.00M |
| Shares Out | 596.67M |
| EPS (ttm) | 0.61 |
| PE Ratio | 44.31 |
| Forward PE | 18.97 |
| Dividend | $0.72 (2.66%) |
| Ex-Dividend Date | Mar 5, 2024 |
| Volume | 15,888,343 |
| Open | 27.15 |
| Previous Close | 27.26 |
| Day's Range | 26.73 - 27.50 |
| 52-Week Range | 21.91 - 39.53 |
| Beta | 1.14 |
| Analysts | Hold |
| Price Target | 31.94 (+18.17%) |
| Earnings Date | Apr 25, 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, LUV'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 19 analysts, the average rating for LUV stock is "Hold." The 12-month stock price forecast is $31.94, which is an increase of 18.17% from the latest price.
News
SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH MARCH 5, 2025
CARRIER OFFERS HISTORIC TIME HORIZON OF DAYS AVAILABLE FOR BOOKING DALLAS , April 26, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) has extended its flight schedule through March 5, 2025, t...
Southwest Airlines is ending flights to four airports — and that's not even the big news for travelers
Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it's rethinking its approach.
Southwest Airlines Stock Sinks After Q1 Results Miss, Guidance Cut
Shares of Southwest Airlines (LUV) slumped to their lowest level this year Thursday as the carrier posted worse-than-expected quarterly results, cut its guidance, and took steps to save money as its g...
Southwest Airlines Faces Multiple Headwinds
Renita Young checks in on Southwest Airlines earnings and cost-cutting plans. The embattled airline is planning to roll back its footprint at several airports, and plans to reduce capacity at 2 of the...
Southwest Airlines Cutting 2,000 Jobs And Leaving 4 Airports Amid Boeing Woes—And Cost-Cutting Drive
Southwest Airlines said Thursday it will cut 2,000 jobs and cease operations at four airports, partly to address “significant challenges” caused by delays in Boeing aircraft deliveries, as the world's...
Southwest is leaving 4 cities this year as it deals with Boeing's 737 Max crisis — see the list
Southwest announced it will leave four airports this year following fewer expected Max deliveries. The network adjustment includes flight reductions in Atlanta and Chicago, too.
Southwest to Exit Four Airports as Boeing's Problems Ripple Through Industry
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
Southwest Airlines CEO Bob Jordan on Q1 miss: A strong quarter despite the financial results
CNBC's Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, the airline's decision to stop servi...
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest stands apart other large airlines because it doesn't have seat assignments.
Southwest Airlines to end service at four airports, fire 2000 employees
Southwest expects to end this year with 2,000 fewer employees than it had at the start of the year.
Southwest Airlines will stop flying to these 4 airports and reduce service to others as Boeing troubles bite
It's been a horrible year for plane maker Boeing. But Boeing's troubles are quickly becoming troubles for its major customers, which in the United States include United Airlines and Southwest Airlines...
Southwest Airlines' stock tumbles after airline's first-quarter loss is wider than expected as revenue falls short
Southwest Airlines Co.'s stock LUV, -0.54% tumbled 7.8% early Thursday, after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates. The company had a net loss ...
SOUTHWEST AIRLINES REPORTS FIRST QUARTER 2024 RESULTS
DALLAS , April 25, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2024 financial results: Net loss of $231 million, or $0.39 loss per diluted ...
Southwest loss widens, airline warns Boeing airplane delays will hit growth into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.
Southwest Airlines cuts jet delivery forecast from Boeing again
Southwest Airlines said on Thursday it anticipates less than half of the new aircraft deliveries it had previously expected from Boeing in 2024 and will take measures to tighten costs, such as volunta...
Southwest Airlines flight attendants ratify contract that will raise pay about 33% over 4 years
DALLAS — Flight attendants at Southwest Airlines have ratified a contract that includes pay raises totaling more than 33% over four years, as airline workers continue to benefit from the industry's re...
Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing
The carrier's earnings may be dominated by any update on the impact of delays to Boeing aircraft deliveries on its growth plans.
Southwest Airlines flight attendants ratify new contract
Southwest Airlines' flight attendants on Wednesday voted in favor of a new contract with an immediate 22% pay raise, the union representing the employees and the carrier said on Wednesday.
SOUTHWEST AIRLINES FLIGHT ATTENDANTS RATIFY NEW CONTRACT
DALLAS , April 24, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today that its Flight Attendants, represented by the Transport Workers Union Local 556, voted in favor of a new co...
Southwest Airlines to Discuss First Quarter 2024 Financial Results on April 25, 2024
DALLAS , April 24, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its first quarter 2024 financial results. Details are as follows: When: Thursday, ...
Airlines to give automatic cash refunds to flyers under new Biden regulation
The Biden administration has rolled out a new regulation that aims to make airlines provide automatic cash refunds to passengers owed such compensation.
We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
Jamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.
SOUTHWEST AIRLINES LAUNCHES 'THE BIG FLEX': A BOLD NEW BRAND CAMPAIGN SHOWCASING THE CARRIER'S FUN-LOVING PERSONALITY AND FLEXIBLE POLICIES ON EVERY FARE, EVERYWHERE
With a nod to the Company's roots of democratizing the skies, the campaign celebrates traveling on America's most flexible and friendly airline DALLAS , April 18, 2024 /PRNewswire/ -- Southwest Airlin...
NTSB says Southwest engine cover loss caused by maintenance issue
The chair of the National Transportation Safety Board (NTSB) said the loss of an engine cover on a Southwest Airlines Boeing 737-800 on Sunday that fell off during takeoff in Denver and struck the win...
FAA to probe Southwest after engine cover blows off Boeing plane
CNBC's Phil LeBeau reports on the latest news from Southwest Airlines.