Spirit Airlines, Inc. (SAVE)
Market Cap | 399.68M |
Revenue (ttm) | 5.28B |
Net Income (ttm) | -486.19M |
Shares Out | 109.50M |
EPS (ttm) | -4.44 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.77 (21.17%) |
Ex-Dividend Date | Feb 22, 2024 |
Volume | 4,596,048 |
Open | 3.540 |
Previous Close | 3.540 |
Day's Range | 3.495 - 3.660 |
52-Week Range | 3.180 - 19.690 |
Beta | 1.39 |
Analysts | Sell |
Price Target | 3.33 (-8.77%) |
Earnings Date | Jul 31, 2024 |
About SAVE
Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida. [Read more]
Financial Performance
In 2023, SAVE's revenue was $5.36 billion, an increase of 5.80% compared to the previous year's $5.07 billion. Losses were -$447.46 million, -19.25% less than in 2022.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for SAVE stock is "Sell." The 12-month stock price forecast is $3.33, which is a decrease of -8.77% from the latest price.
News
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Spirit Airlines Announces Executive Leadership Updates
Appoints Aviation Industry Veteran Fred Cromer as Chief Financial Officer Dana Shapir Alviene Appointed to SVP, Inflight and Airport Experience and Tomas Ranaldi Promoted to VP, Financial Planning &...
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Birmingham Travelers Gain New, Low-Fare Flights to South Florida with Spirit Airlines
Spirit Airlines to offer the only nonstop flight from Birmingham (BHM) to Fort Lauderdale (FLL) this October Spirit photos and video available HERE DANIA BEACH, Fla., June 18, 2024 /PRNewswire/ -- Low...
Spirit CEO says airline will not file for bankruptcy
Spirit CEO Ted Christie said he's “encouraged” by its plan after the JetBlue deal collapse. Full Video Transcript Below: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.
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Spirit Airlines isn't considering chapter 11, 'encouraged' by post-JetBlue plan, CEO says
Spirit is struggling in the wake of a failed takeover by JetBlue Airways and a Pratt & Whitney engine recall. CEO Ted Christie said the company isn't considering a chapter 11 bankruptcy filing.
Portfolio manager says buy Salesforce on AI potential and avoid Spirit Airlines
Thursday's episode of Good Buy or Goodbye examines two companies with recent downward trajectories. Howard Capital Management CEO Vance Howard joins Market Domination to discuss whether long-term tren...
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Spirit Airlines Elevates the Guest Experience with New Enhanced Benefits and Industry-Leading Flexibility
Guests benefit from increased weight allowance for checked bags and no change or cancel fees DANIA BEACH, Fla. , June 4, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced exciting new...
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Spirit Airlines names Brian McMenamy as interim CFO
Spirit Airlines on Monday named Brian McMenamy as interim chief financial officer, effective June 14.
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Spirit Airlines Announces CFO Transition
Appoints Brian McMenamy as Interim Chief Financial Officer Current CFO Scott Haralson to Join Larger Publicly Traded Company Outside of Airline Industry as CFO DANIA BEACH, Fla., June 3, 2024 /PRNew...
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Airlines, Inc. - SAVE
NEW YORK, NY / ACCESSWIRE / June 1, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE). Such investors are advised to ...
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Airlines, Inc. - SAVE
NEW YORK , May 30, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE). Such investors are advised to co...
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Spirit Airlines to Open New Crew Base for Pilots at Newark Liberty International Airport
DANIA BEACH, Fla., May 24, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced the opening of a new crew base for Pilots at Newark Liberty International Airport (EWR) in September 2024, ...
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Spirit Airlines Expands U.S. Military Benefits to Include Spouses and Children
Active-duty U.S. military service members, their spouses and children are entitled to two free checked bags and one free carry-on bag when traveling with the service member DANIA BEACH, Fla., May 24, ...
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Spirit Airlines and San José Mineta International Airport Partner in Bid for New, Low-Fare Service to Washington's Reagan National Airport
Proposed service would introduce low-fare competition and create the only nonstop service between Silicon Valley and Washington, D.C. DANIA BEACH, Fla.
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Buying Spirit Airlines (SAVE) stock is risky but shorting it is riskier
Spirit Airlines (NYSE: SAVE) stock price has become toxic and unwanted this year. It has crashed by over 76% this year and by over 92% in the past decade.
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Spirit Airlines gets rid of change and cancellation fees, joining Frontier
Spirit used to charge anywhere from $69 to $119 for ticket changes and cancellations, depending on how close to departure the customer made the change.
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U.S. travelers are hungry for international travel. These stocks will likely benefit.
U.S. airlines are looking at fairly blue skies this summer, with legacy air carriers likely to fare better than low-cost airlines as they may catch tailwinds from the Paris Summer Olympics and the str...
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An Investigation Has Commenced on Behalf of Spirit Airlines, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your SAVE Losses
NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Spirit Airlines, Inc. ("Spirit Airlines, Inc.") (NYSE:SAVE) concerning possible ...
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SAVE STOCK ALERT: Levi & Korsinsky Notifies Spirit Airlines, Inc. Investors of an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Spirit Airlines, Inc. ("Spirit Airlines, Inc.") (NYSE:SAVE) concerning possible ...
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Spirit Airlines CEO says industry is like a 'rigged game,' US consumers are 'long-term losers'
Spirit Airlines CEO Ted Christie told analysts on an earnings call Monday that the airline industry is a "rigged game" that only benefits the Big Four carriers.
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Spirit Airlines Stock Falls After Earnings. Why It Can't Get Off the Ground.
The airline is trying to forge its future as a standalone company after its proposed merger with JetBlue Airways was blocked by a federal judge.
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Spirit Airlines forecasts weak Q2 revenue on slow growth in domestic demand
Spirit Airlines forecast weak second-quarter revenue on Monday due to sluggish improvement in domestic demand and grounding of dozens of its aircraft.
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Spirit Airlines' stock slides 6% after wider-than-expected first-quarter loss
Spirit Airlines Inc.'s stock SAVE, +0.82% fell 6% early Monday, after the discount carrier posted a wider-than-expected first-quarter loss as it refocuses on its future as a standalone company followi...
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Spirit Airlines Reports First Quarter 2024 Results
Strategic and tactical changes benefiting unit revenue Expect cost saving initiatives to benefit 2024 by over $75 million; annualized run-rate savings estimated at over $100 million DANIA BEACH, Fla....
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Spirit Airlines Recognized for Safety and Affordability by WalletHub
DANIA BEACH, Fla., April 30, 2024 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) commitment to providing the best value in the sky was recognized in WalletHub's 'Best Airlines' (2024) report, earning t...
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Spirit Airlines Optimizes Baggage Operations and Reduces Costs with TA Ramp
MIAMI--(BUSINESS WIRE)--TA Connections advanced camera scanning technology has transformed the baggage ramp for Spirit Airlines Service Agents.