SkyWest, Inc. (SKYW)

NASDAQ: SKYW · IEX Real-Time Price · USD
41.64
-0.34 (-0.81%)
Sep 26, 2023, 9:30 AM EDT - Market open
-0.81%
Market Cap 1.76B
Revenue (ttm) 2.89B
Net Income (ttm) -5.38M
Shares Out 42.06M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 14.33
Dividend n/a
Ex-Dividend Date n/a
Volume 3,853
Open 41.65
Previous Close 41.98
Day's Range 41.64 - 41.64
52-Week Range 14.76 - 46.07
Beta 1.93
Analysts Hold
Price Target 41.00 (-1.54%)
Earnings Date Oct 26, 2023

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 625 aircraft; and provided scheduled passenger and air freight services with approximately 1,620 total daily departures to various destinations in the United States, Canada, and Mexico. In addition, it offers airport customer and ground handling se... [Read more]

Industry Airlines
Sector Industrials
Founded 1972
Employees 13,582
Stock Exchange NASDAQ
Ticker Symbol SKYW
Full Company Profile

Financial Performance

In 2022, SkyWest's revenue was $3.00 billion, an increase of 10.74% compared to the previous year's $2.71 billion. Earnings were $72.95 million, a decrease of -34.81%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SKYW stock is "Hold." The 12-month stock price forecast is $41.0, which is a decrease of -1.54% from the latest price.

Price Target
$41.0
(-1.54% downside)
Analyst Consensus: Hold
Stock Forecasts

News

SkyWest, Inc. Announces Second Quarter 2023 Profit

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q2 2023, including net income of $15 million, or $0.35 per diluted share,...

2 months ago - Business Wire

SkyWest, Inc. Announces Second Quarter 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 27, 2023 to discuss second quarter 2023 results. ...

2 months ago - Business Wire

SkyWest set to deploy CAE's next-generation Flight Operations Solutions

MONTREAL , May 29, 2023 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE today announced that it has signed an agreement with SkyWest, Inc. (NASDAQ: SKYW) to modernize their digital operations ecosystem with...

Other symbols: CAE
4 months ago - PRNewsWire

SkyWest, Inc. Announces First Quarter 2023 Results

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q1 2023, including net loss of $22 million, or $0.45 loss per share, comp...

5 months ago - Business Wire

SkyWest, Inc. Announces First Quarter 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 27, 2023 to discuss first quarter 2023 results. ...

6 months ago - Business Wire

Michael Burry's Top Buys of the 4th Quarter

Michael Burry, the famed investor covered in Michael Lewis' book, “The Big Short,” and portrayed by Christian Bale in a 2015 movie of the same name, released the fourth-quarter 2022 equity portfolio f...

Other symbols: BABACOHRJDMGMWWW
7 months ago - GuruFocus

Thousands of flights canceled, delayed as winter storm blankets most of U.S. in snow and ice

More than 1,100 flights were canceled and 1,200 delayed by midmorning Wednesday as a powerful winter storm hit two-thirds of the U.S. with snow, ice and howling winds.

Other symbols: AALDALJBLUJETSLUVUAL
7 months ago - Market Watch

SkyWest, Inc. Announces Fourth Quarter and Annual 2022 Results

ST. GEORGE, UTAH--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q4 2022, including net loss of $47 million, or $0.93 loss per share, co...

8 months ago - Business Wire

SkyWest, Inc. Announces Fourth Quarter and Full Year 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, February 2, 2023 to discuss fourth quarter and full ...

9 months ago - Business Wire

SkyWest, Inc. Announces Third Quarter 2022 Profit

ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q3 2022, including net income of $48 million, or $0.96 per diluted share,...

11 months ago - Business Wire

SkyWest, Inc. Announces Third 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, October 27, 2022 to discuss third quarter 2022 results...

1 year ago - Business Wire

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,...

1 year ago - Business Wire

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. ...

1 year ago - Business Wire

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,...

1 year ago - Business Wire

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:...

1 year ago - Benzinga

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. ...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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 ...

1 year ago - Reuters

United is cutting 29 cities this summer indefinitely because its partner Skywest Airlines doesn't have enough pilots to fly the routes — see the full list

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
1 year ago - Business Insider

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, Sky...

1 year ago - Business Wire

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, ...

1 year ago - Business Wire

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 result...

1 year ago - Business Wire

SkyWest To Purchase 100 eVTOL Aircraft From Eve Air Mobility

SkyWest, Inc. (NASDAQ: SKYW) and Eve Air Mobility, an Embraer SA (NYSE: ERJ) company, inked a Memorandum of Understanding and non-binding Letter of Intent for SkyWest to purchase 100 of Eve's electric...

1 year ago - Benzinga

Eve and SkyWest Announce Partnership to Develop Regional Operator Network with an order for 100 eVTOL aircraft

MELBOURNE, Fla., Dec. 21, 2021 /PRNewswire/ --Eve Air Mobility (Eve), an Embraer company, and SkyWest, Inc. (NASDAQ: SKYW) (SkyWest), announced today a Memorandum of Understanding and non-binding Lett...

1 year ago - PRNewsWire

Cowen Cuts SkyWest Price Target By 16%

Cowen analyst Helane Becker downgraded SkyWest, Inc. (NASDAQ:SKYW) to Market Perform from Outperform and lowered its price target to $42 (an upside of 13.7%) from $50.  Becker mentions that the read-t...

1 year ago - Benzinga