SkyWest, Inc. (SKYW)

NASDAQ: SKYW · IEX Real-Time Price · USD
24.42
-0.08 (-0.33%)
Aug 16, 2022 11:42 AM EDT - Market open
-0.33%
Market Cap 1.24B
Revenue (ttm) 3.06B
Net Income (ttm) 85.70M
Shares Out 50.59M
EPS (ttm) 1.72
PE Ratio 14.20
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 61,087
Open 24.48
Previous Close 24.50
Day's Range 24.16 - 24.57
52-Week Range 20.06 - 53.05
Beta 1.78
Analysts Sell
Price Target 27.88 (+14.2%)
Earnings Date Jul 28, 2022

About SKYW

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and gro... [Read more...]

Industry Airlines
Founded 1972
CEO Russell Childs
Employees 15,205
Stock Exchange NASDAQ
Ticker Symbol SKYW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SKYW stock is "Sell." The 12-month stock price forecast is 27.88, which is an increase of 14.17% from the latest price.

Price Target
$27.88
(14.17% upside)
Analyst Consensus: Sell
Stock Forecasts

News

This Value Stock Jumped 7% After Earnings, but It's Still a Bargain

A pilot imbalance is severely crimping SkyWest's profitability today, but the pressure should subside over the next two years.

Wall Street Analysts Believe SkyWest (SKYW) Could Rally 26%: Here's is How to Trade

The consensus price target hints at a 25.9% upside potential for SkyWest (SKYW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate re...

SkyWest (SKYW) Beats Q2 Earnings and Revenue Estimates

SkyWest (SKYW) delivered earnings and revenue surprises of 122.92% and 14.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

SkyWest, Inc. Announces Second Quarter 2022 Profit

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q2 2022, including net income of $54 million, or $1.07 per diluted share, c...

SkyWest, Inc. Announces Second Quarter 2022 Results Call Date

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, July 28, 2022 to discuss second quarter 2022 results. Th...

7 Airline Stocks to Sell Now

These airline stocks to sell are tough to consider during the current macro-economic slump. Effects of the pandemic has impacted the sector.

Other symbols: AALALGTATSGBADALJBLU

Air-Travel Demand Boosts SkyWest (SKYW) Despite Low Liquidity

SkyWest (SKYW) currently benefits from upbeat air-travel demand and fleet-modernization efforts. Weakness in balance sheet is a headwind.

SkyWest (SKYW) Surpasses Q1 Earnings and Revenue Estimates

SkyWest (SKYW) delivered earnings and revenue surprises of 1,066.67% and 10.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

SkyWest, Inc. Announces First Quarter 2022 Profit

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q1 2022, including net income of $18 million, or $0.35 per diluted share, c...

Why SkyWest Shares Are Rising

Shares of airline companies, including SkyWest, Inc. (NASDAQ: SKYW), are trading higher amid strength in the industry following earnings from several peer companies. American Airlines Group Inc (NYSE: A...

7 Airline Stocks to Buy That Should Keep Flying

Rebounding travel demand and climbing air travel fares should push airline stocks to fresh highs. ATSG, CPA, and ALGT can make great investments.

Other symbols: ALGTALKATSGCPADALLUV

SkyWest, Inc. Announces First Quarter 2022 Results Call Date

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, April 28, 2022 to discuss first quarter 2022 results. Th...

Thomas Global Secures SkyWest Airlines as Launch Customer for TFD-4000 LCD Flight Displays

IRVINE, Calif. & SYDNEY--(BUSINESS WIRE)--Thomas Global is pleased to announce that it has secured SkyWest Airlines, a subsidiary of SkyWest, Inc. (NASDAQ: SKYW) as the launch customer to upgrade its CR...

Travel Demand Boosts SkyWest (SKYW) Amid Rising Expenses

Rising load factor and fleet-modernization efforts aid SkyWest (SKYW). However, rising maintenance expenses are a concern.

U.S. bars SkyWest from ending service to 29 communities pending review

The U.S. Transportation Department on Monday barred regional carrier SkyWest from ending service to 29 communities under the government's subsidy program to provide air service to smaller communities un...

United is cutting 29 cities this summer indefinitely because its partner Skywest Airlines doesn't have enough pilots ...

United Airlines' contractor SkyWest Airlines gave a 90-day notice to the Department of Transportation on Thursday that it is exiting 29 airports.

Other symbols: UAL

Air Travel Demand Aids SkyWest (SKYW) Amid Rising Expenses

SkyWest (SKYW) banks on improvement in air-travel demand. However, rising expenses are a concern.

SkyWest Named One of Forbes “America's Best Large Employers” for Second Year in a Row

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named one of “America's Best Large Employers” by Forbes for the second year in a row in 2022. Of the 500 employers, SkyWe...

This Airline Stock Cratered 22% Last Friday on Weak 2022 Guidance

A pilot staffing imbalance could limit SkyWest to break-even results in 2022. But profitability will likely improve rapidly in 2023 and 2024.

The Nasdaq's on the Rise, but These 2 Stocks Are Falling Friday

Investors' reactions to financial results left these two companies behind.

Other symbols: SWKS

SkyWest (SKYW) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y

SkyWest's (SKYW) fourth-quarter revenues increase 31.8% year over year due to 30% increase in block hours on completed flights.

SkyWest (SKYW) Q4 Earnings and Revenues Top Estimates

SkyWest (SKYW) delivered earnings and revenue surprises of 212.50% and 7.93%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

SkyWest, Inc. Announces Fourth Quarter and Annual 2021 Profit

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q4 2021, including net income of $4 million, or $0.09 per diluted share, co...

2 Wildly Undervalued Stocks to Buy for 2022

The top U.S. automaker and the biggest U.S. regional airline both trade at deep discounts to the broader market despite their strong prospects.

Other symbols: GM

SkyWest, Inc. Announces Fourth Quarter 2021 Results Call Date

ST. GEORGE, UTAH--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, February 3, 2022 to discuss fourth quarter 2021 results....