Southwest Airlines Co. (LUV)

NYSE: LUV · IEX Real-Time Price · USD
33.96
-0.31 (-0.90%)
At close: Mar 1, 2024, 4:00 PM
33.90
-0.06 (-0.18%)
After-hours: Mar 1, 2024, 7:56 PM EST
-0.90%
Market Cap 20.26B
Revenue (ttm) 26.09B
Net Income (ttm) 465.00M
Shares Out 596.67M
EPS (ttm) 0.76
PE Ratio 44.68
Forward PE 19.28
Dividend $0.72 (2.12%)
Ex-Dividend Date Mar 5, 2024
Volume 6,369,956
Open 34.24
Previous Close 34.27
Day's Range 33.64 - 34.36
52-Week Range 21.91 - 39.53
Beta 1.13
Analysts Hold
Price Target 32.57 (-4.09%)
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]

Industry Airlines
Sector Industrials
Founded 1967
Employees 74,806
Stock Exchange NYSE
Ticker Symbol LUV
Full Company Profile

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 Statements

Analyst Forecast

According to 17 analysts, the average rating for LUV stock is "Hold." The 12-month stock price forecast is $32.57, which is a decrease of -4.09% from the latest price.

Price Target
$32.57
(-4.09% downside)
Analyst Consensus: Hold
Stock Forecasts

News

SOUTHWEST AIRLINES LAUNCHES RENEWABLE VENTURES SUBSIDIARY TO ADVANCE SUSTAINABLE AVIATION FUEL AND ANNOUNCES INVESTMENT IN LANZAJET

DALLAS , Feb. 28, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announces the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines® ...

4 days ago - PRNewsWire

Airline stocks to watch in 2024: Companies that are best positioned

Delta Air Lines (DAL), United Airlines (UAL), and American Airlines (AAL) are moving higher in 2024, all three seeing year-to-date gains. TD Cowen Managing Director Helane Becker and Citi Managing Dir...

Other symbols: AALDALJBLUUAL
5 days ago - Yahoo Finance

SOUTHWEST AIRLINES EARNS TOP SCORE IN HUMAN RIGHTS CAMPAIGN FOUNDATION'S 2023-2024 CORPORATE EQUALITY INDEX FOR NINTH YEAR

DALLAS , Feb. 22, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE:LUV) is proud to announce its score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the n...

10 days ago - PRNewsWire

Southwest reaches tentative contract with 18,000 transport workers after they rejected an earlier proposal

Southwest Airlines Co.'s stock rose Thursday after it said it reached a tentative agreement with the union that represents 18,000 of its staff that handle baggage, provisions and cargo for the carrier...

Other symbols: AALDAL
10 days ago - Market Watch

SOUTHWEST AIRLINES ANNOUNCES TENTATIVE AGREEMENT WITH TWU 555

DALLAS , Feb. 22, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the Transport Workers Union Local 555 (TWU 555) today reached a Tentative Agreement for a new labor contract. TWU 555 rep...

10 days ago - PRNewsWire

SOUTHWEST AIRLINES RETURNS AS OFFICIAL AIRLINE OF LUCK REUNION AND ANNOUNCES ARTIST ON THE RISE FINALISTS

Partnership builds on Southwest's support of up-and-coming creatives   DALLAS , Feb. 19, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) returns as the Official Airline of Luck Reunion, an e...

13 days ago - PRNewsWire

SOUTHWEST AIRLINES CELEBRATES EXPANDED TECHNICAL OPERATIONS FACILITY IN PHOENIX

Southwest nearly doubles footprint of hangar and modernizes spaces where Technical Operations Employees maintain the carrier's fleet DALLAS , Feb. 16, 2024 /PRNewswire/ --  Southwest Airlines Co. (NYS...

16 days ago - PRNewsWire

Here's Why Thousands Of Flight Attendants Are Threatening To Strike

Alaska Airlines flight attendants voted in favor of authorizing a strike Tuesday, following similar votes by workers at American Airlines, Air Wisconsin and Southwest in recent months, and on the same...

Other symbols: AALALKDALUAL
19 days ago - Forbes

Pilots got their payday. Now flights attendants are pushing airlines for higher wages

Flight attendants picketed around the U.S. Tuesday to demand higher pay and better working conditions.

Other symbols: AALALKUAL
19 days ago - CNBC

SOUTHWEST AIRLINES CELEBRATES RECOGNITION ON FORTUNE WORLD'S MOST ADMIRED COMPANIES™ 2024 LIST

DALLAS , Feb. 13, 2024  /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) proudly celebrates its recognition on Fortune World's Most Admired Companies™ 2024 list 1 . The carrier ranked No.

19 days ago - PRNewsWire

Southwest Airlines Flags a New Boeing Risk in 10-K Annual Report

Even one of Boeing's most loyal customers, Southwest Airlines, is looking again at the risks.

Other symbols: BA
23 days ago - Barrons

SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH EARLY NOVEMBER

Southwest flight schedule now available for booking through Nov. 2, 2024 Seasonal service added between Nashville and Richmond, Va., and between Memphis, Tenn.

24 days ago - PRNewsWire

3 companies that more than doubled analyst EPS estimates

Earnings season is well underway, and the winner-and-loser separation continues to grow. Of the companies that beat consensus analyst estimates, even fewer go well beyond and exceed analyst expectatio...

Other symbols: MRKSTX
26 days ago - MarketBeat

SOUTHWEST AIRLINES PLANS CUSTOMER EXPERIENCE ENHANCEMENTS AND MODERNIZATION OF BRAND ELEMENTS WITH A REDESIGNED CABIN, NEW SEATS, AND A UNIFORM REFRESH

Redesigned aircraft cabin interior featuring RECARO aircraft seats to debut in early 2025 Existing Boeing 737 MAX 8 and -800s to include onboard power ports and larger overhead bins Uniform refresh pr...

4 weeks ago - PRNewsWire

3 reasons airline stocks are a buy right now

American Airlines Group Inc. NASDAQ: AAL is pulling back after its January 25 post-earnings gap higher. However, Wall Street sees reasons to buy not only American Airlines but other stocks in its indu...

Other symbols: DALUAL
4 weeks ago - MarketBeat

SOUTHWEST AIRLINES DECLARES 180th QUARTERLY DIVIDEND

DALLAS , Jan. 31, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on ...

4 weeks ago - PRNewsWire

Southwest Airlines not looking to shift to Airbus aircraft, still want Boeing MAX 7s

Southwest Airlines has no plans to diversify its fleet towards Airbus aircraft and still wants to eventually take delivery of the Boeing 737 MAX 7 planes it has ordered, Vice President Treasurer Dean ...

Other symbols: BAEADSY
4 weeks ago - Reuters

SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME IN LAS VEGAS

Las Vegas' largest airline adds more flights and itineraries from Kansas City and San Francisco for fans to travel to the biggest football game of the year! DALLAS , Jan. 28, 2024 /PRNewswire/ --  Sou...

5 weeks ago - PRNewsWire

CMCSA Rallies After Earnings & LUV To Cut Boeing Planes From Fleet

Comcast (CMCSA) rallies after earnings beat and Peacock subscriber growth. Comcast's 4Q adjusted EPS came in at $0.84 versus an estimated $0.80 and revenue came in at $31.25B versus an estimated $30.4...

Other symbols: BACMCSA
5 weeks ago - Schwab Network

Southwest Airlines CEO Bob Jordan: Boeing being a better company is 'really good' for us

CNBC's Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly earnings results, 2024 outlook, Boeing's quality control issues, and more.

Other symbols: BA
5 weeks ago - CNBC Television

Southwest Airlines beats on top and bottom lines

CNBC's Phil LeBeau joins 'Squawk Box' to break down the airline's quarterly earnings results.

5 weeks ago - CNBC Television

Southwest Airlines takes Boeing Max 7 out of 2024 plans because of certification delays

Southwest is the latest airline to remove a yet-to-be certified Boeing Max model from its plans.

Other symbols: BA
5 weeks ago - CNBC

Southwest logs earnings beat, but stock inches lower after results

Southwest Airlines Co. shares LUV, were dipping in premarket trading Thursday, though the air carrier posted an adjusted earnings beat for its latest quarter. Southwest reported a fourth-quarter net l...

5 weeks ago - Market Watch

SOUTHWEST AIRLINES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

DALLAS , Jan. 25, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its fourth quarter and full year 2023 financial results: Fourth quarter net loss of $219 millio...

5 weeks ago - PRNewsWire

Southwest Airlines removes MAX 7 from 2024 plans, cuts delivery forecast from Boeing

Southwest Airlines said on Thursday it was expecting to take fewer deliveries of Boeing's 737 MAX aircraft and it had left out the MAX 7 model, which is mired in certification delays, from its 2024 fl...

Other symbols: BA
5 weeks ago - Reuters