Jetblue Airways Corp (NASDAQ:JBLU)’s traded shares stood at 10.24 million during the last session, with the company’s beta value hitting 1.90. At the close of trading, the stock’s price was $7.82, to imply a decrease of -0.38% or -$0.03 in intraday trading. The JBLU share’s 52-week high remains $8.07, putting it -3.2% down since that peak but still an impressive 42.58% since price per share fell to its 52-week low of $4.49. The company has a valuation of $2.71B, with an average of 16.49 million shares in intraday trading volume over the past 10 days and average of 17.98 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Jetblue Airways Corp (JBLU), translating to a mean rating of 3.35. Of 9 analyst(s) looking at the stock, 1 analyst(s) give JBLU a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 3 recommend it as a Buy.
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Jetblue Airways Corp (NASDAQ:JBLU) trade information
After registering a -0.38% downside in the last session, Jetblue Airways Corp (JBLU) has traded red over the past five days. The 5-day price performance for the stock is 11.71%, and 27.78% over 30 days. With these gigs, the year-to-date price performance is 40.90%. Short interest in Jetblue Airways Corp (NASDAQ:JBLU) saw shorts transact 51.89 million shares and set a 2.61 days time to cover.
The extremes give us $5.5 and $7.75 for target low and target high price respectively. As such, JBLU has been trading 0.9% off suggested target high and 29.67% from its likely low.
Jetblue Airways Corp (JBLU) estimates and forecasts
Looking at statistics comparing Jetblue Airways Corp share performance against respective industry, we note that the company has underperformed competitors. Jetblue Airways Corp (JBLU) shares are 32.54% up over the last 6 months, with its year-to-date growth rate lower than industry average at -88.89% against -14.70%.
JBLU Dividends
Jetblue Airways Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Jetblue Airways Corp (NASDAQ:JBLU)’s Major holders
Jetblue Airways Corp insiders hold 10.52% of total outstanding shares, with institutional holders owning 84.33% of the shares at 94.25% float percentage. In total, 84.33% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 55.28 million shares (or 16.2744% of shares), all amounting to roughly $336.68 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 35.83 million shares, or about 10.5482% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $218.22 million.
