Southwest Airlines Co. (LUV) Stock Price, News, Quote & History - Yahoo Finance
NYSE - Delayed Quote USD

Southwest Airlines Co. (LUV)

27.98 +0.62 (+2.27%)
At close: May 13 at 4:00 PM EDT
27.95 -0.03 (-0.11%)
After hours: May 13 at 7:59 PM EDT
Loading Chart for LUV
DELL
  • Previous Close 27.36
  • Open 27.41
  • Bid --
  • Ask --
  • Day's Range 27.40 - 28.33
  • 52 Week Range 21.91 - 39.53
  • Volume 9,434,816
  • Avg. Volume 9,287,880
  • Market Cap (intraday) 16.745B
  • Beta (5Y Monthly) 1.16
  • PE Ratio (TTM) 43.72
  • EPS (TTM) 0.64
  • Earnings Date Jul 25, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 0.72 (2.57%)
  • Ex-Dividend Date Mar 5, 2024
  • 1y Target Est 28.04

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 also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

www.southwest.com

74,695

Full Time Employees

December 31

Fiscal Year Ends

Airlines

Industry

Recent News: LUV

Performance Overview: LUV

Trailing total returns as of 5/13/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LUV
2.60%
S&P 500
9.47%

1-Year Return

LUV
0.05%
S&P 500
26.61%

3-Year Return

LUV
50.32%
S&P 500
28.51%

5-Year Return

LUV
44.38%
S&P 500
81.21%

Compare To: LUV

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: LUV

Valuation Measures

Annual
As of 5/13/2024
  • Market Cap

    16.74B

  • Enterprise Value

    15.39B

  • Trailing P/E

    43.72

  • Forward P/E

    21.10

  • PEG Ratio (5yr expected)

    0.63

  • Price/Sales (ttm)

    0.67

  • Price/Book (mrq)

    1.64

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    1.47%

  • Return on Assets (ttm)

    1.35%

  • Return on Equity (ttm)

    3.84%

  • Revenue (ttm)

    26.71B

  • Net Income Avi to Common (ttm)

    393M

  • Diluted EPS (ttm)

    0.64

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    10.51B

  • Total Debt/Equity (mrq)

    89.85%

  • Levered Free Cash Flow (ttm)

    -349M

Research Analysis: LUV

Analyst Price Targets

20.00 Low
28.04 Average
27.98 Current
38.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: LUV

Research Reports: LUV

  • Southwest Earnings: Delayed Jets and Underperforming Routes Crimp Capacity; Valuation Unchanged

    Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network.

    Rating
    Price Target
     
  • Argus Quick Note: Weekly Stock List for 04/08/2024: Investing in Small- and Mid-Cap Stocks

    Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. For one thing, SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from unrest in the Middle East, the Russian invasion of Ukraine, events related to China, or other geopolitical developments. As well, the prices of SMID stocks generally are lower than the prices of large-caps, with the P/E ratio on the Russell 2000 Small-Cap Index of 13 compared to a trailing P/E of 25 for the S&P 500. Finally, there are long stretches in the record books when SMID stocks have outperformed large-caps. From 2003-2021, for example, the Russell 2000 Index had climbed 450%, compared to an advance of 330% for the S&P 500 index. Here are the stocks with market caps below $20 billion that are on the Argus BUY list and recently were added to Argus' Mid-Cap Theme Model Portfolio.

     
  • Southwest Airlines Earnings: Woe to Low-Cost Airlines With Escalating Costs; Fair Value Unchanged

    Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.

    Rating
    Price Target
     
  • Upgrading to BUY with a $40 target

    Southwest Airlines is a low-fare, low-cost airline based in Dallas. It has more than 56,000 employees and serves 103 destinations in the U.S. and 10 other countries. Its fleet is comprised mainly of Boeing 737s. The company has approximately 750 aircraft, making it the world's largest operator of single-aisle planes. It generated revenue of $26.1 billion in 2023.

    Rating
    Price Target
     

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