Spirit Airlines, Inc. (SAVE)
Market Cap | 505.79M |
Revenue (ttm) | 5.36B |
Net Income (ttm) | -447.46M |
Shares Out | 109.48M |
EPS (ttm) | -4.10 |
PE Ratio | n/a |
Forward PE | 35.46 |
Dividend | $1.14 (23.63%) |
Ex-Dividend Date | Feb 22, 2024 |
Volume | 5,892,615 |
Open | 4.650 |
Previous Close | 4.620 |
Day's Range | 4.635 - 4.940 |
52-Week Range | 3.960 - 19.690 |
Beta | 1.37 |
Analysts | Sell |
Price Target | 8.60 (+77.69%) |
Earnings Date | Apr 24, 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 6 analysts, the average rating for SAVE stock is "Sell." The 12-month stock price forecast is $8.6, which is an increase of 77.69% from the latest price.
News
Important to have stable relations with Spirit, Airbus CFO says
Airbus , Chief Financial Officer Thomas Toepfer stressed the importance of a stable relationship with supplier Spirit AeroSystems , in a newspaper interview published on Thursday, as rival Boeing mull...
FAA Fines Spirit Airlines For Hazmat Violation—Recalling ValueJet Crash
The Federal Aviation Administration announced a proposed civil penalty of $146,500 against Spirit Airlines SAVE for alleged violations of the Department of Transportation Hazardous Materials Regulatio...
JetBlue dropping service to these cities after deals with Spirit, American blocked
JetBlue has lost more than $2 billion since its last profitable year, 2019.
JetBlue CEO Says Spirit Was 'Distraction': Stock Strikes Golden Cross As Airline Focuses On Core Markets - JetBlue Airways (NASDAQ:JBLU)
JetBlue Airways Corp JBLU stock has been in the news a lot over the past couple of months, mainly about Its proposed merger with Spirit Airlines Inc SAVE, which has also been driving investor sentimen...
The Score: Spirit Airlines, Target, Broadcom and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Top 3 Industrials That Are Preparing To Pump In Q1 - SOS (NYSE:SOS), Spirit Airlines (NYSE:SAVE)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
SAVE stock price forecast: is Spirit Airlines a contrarian buy?
The Sprit Airlines (NYSE: SAVE) stock price has been slammed in the past few weeks as investors remain concerned about its bankruptcy risks. It has collapsed to $5.76, 65% below its highest point this...
JetBlue, Spirit scrap $3.8B acquisition deal
JetBlue Airways (JBLU) and Spirit Airlines (SAVE) have officially terminated their $3.8 billion merger agreement. JetBlue was seeking to acquire Spirit but could not secure the necessary regulatory ap...
JetBlue, Spirit Airlines cancel merger after blocked by US court
JetBlue and Spirit Airlines formally pulled the plug Monday on their merger, about six weeks after a federal judge ruled it violated US antitrust law.
JetBlue, Spirit Airlines Terminate $3.8 Billion Merger, Spirit Stock Skids
JetBlue (JBLU) and Spirit Airlines (SAVE) have called off their $3.8 billion proposed merger after regulators blocked the deal.
JetBlue, Spirit call off $3.8B merger after losing antitrust suit: ‘Best path forward'
Low-cost carriers JetBlue and Spirit called off their proposed $3.8 billion merger on Monday — weeks after a federal judge blocked the deal on anti-competition concerns. A successful deal would have c...
JetBlue Gives Up on $3.8 Billion Spirit Air Deal
JetBlue Airways Corp. formally abandoned its pursuit of Spirit Airlines Inc. more than a month after a federal judge blocked the $3.8 billion acquisition on antitrust grounds. Both sides decided to wa...
JetBlue, Spirit Airlines Drop $3.8 Billion Merger. What the Stocks' Moves Are Saying.
The price JetBlue had agreed to pay was looking like way too much.
JetBlue and Spirit Airlines cancel $3.8bn merger after judge blocked deal
Deal would have created fifth-largest US carrier but judge said it would harm consumers by reducing competition
JetBlue announces termination of merger agreement with Spirit Airlines
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.
JetBlue Airways and Spirit Airlines Call Off Merger Deal
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers.
Spirit Airlines stock tanks 20% as $JBLU terminates merger plan
Spirit Airlines Inc tanked 20% in premarket on Monday after JetBlue Airways Corporation terminated its $3.8 billion merger agreement with the ultra-low-cost carrier. The news arrives shortly after a f...
JetBlue, Spirit agree to terminate merger
JetBlue and Spirit agreed to terminate their merger agreement after facing regulatory hurdles. The airlines issued a joint statement saying that the decision "is the best path forward.
JetBlue, Spirit Ending $3.8 Billion Deal To Combine After Court Ruling Blocked Merger
The Justice Department sued to block the merger last year, saying it would reduce competition and drive up fares, especially for travelers who depend on low-fare Spirit.
JetBlue terminates $3.8 bln Spirit deal
Low-cost carrier JetBlue Airways said on Monday it has terminated its $3.8 billion merger agreement with rival Spirit Airlines , after a U.S. judge blocked the deal on anti-competition concerns.
JetBlue and Spirit Airlines terminate $3.8 billion merger agreement
JetBlue and Spirit Airlines had appealed a federal judge's decision to block their merger earlier in January.
JetBlue Announces Termination of Merger Agreement with Spirit
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced that it has reached an agreement with Spirit Airlines (NYSE: SAVE) to terminate their July 2022 merger agreement. Although both compan...
Spirit Announces Termination of Merger Agreement with JetBlue
MIRAMAR, Fla. , March 4, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit") (NYSE: SAVE) today announced that its merger agreement with JetBlue Airways Corporation has been terminated by mutual agr...
George Soros' fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country
Billionaire investor George Soros' investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Count...
JetBlue Announces Record and Payment Dates for February 2024 Additional Prepayment to Spirit Stockholders
NEW YORK--(BUSINESS WIRE)--As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“...