In today’s recent session, 0.63 million shares of the Alaska Air Group Inc (NYSE:ALK) have been traded, and its beta is 1.40. Most recently the company’s share price was $45.09, and it changed around -$0.74 or -1.61% from the last close, which brings the market valuation of the company to $5.54B. ALK at last check was trading at a discount to its 52-week high of $78.08, offering almost -73.16% off that amount. The share price’s 52-week low was $32.62, which indicates that the recent value has risen by an impressive 27.66% since then. We note from Alaska Air Group Inc’s average daily trading volume that its 10-day average is 3.86 million shares, with the 3-month average coming to 3.50 million.
Alaska Air Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 2 recommended ALK as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
Alaska Air Group Inc (NYSE:ALK) trade information
Instantly ALK has been showing red trend so far today with a performance of -1.61% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 48.46 on recent trading dayincreased the stock’s daily price by 6.95%. The company’s shares are currently down -30.36% year-to-date, but still down -10.30% over the last five days. On the other hand, Alaska Air Group Inc (NYSE:ALK) is -13.85% down in the 30-day period. We can see from the shorts that 4.89 million shares have been sold at a short interest cover period of 1.13 day(s).
The consensus price target as assigned by Wall Street analysts is $68, which translates to bulls needing to increase their stock price by 33.69% from its current value. Analyst projections state that ALK is forecast to be at a low of $55 and a high of $75.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -13.04%. Alaska Air Group Inc earnings are expected to increase by 0.14% in 2025, but the outlook is positive 21.16% per year for the next five years.
ALK Dividends
Alaska Air Group Inc’s next quarterly earnings report is expected to be released on 2025-Jan-22. The average dividend yield for the past five years averaged 1.95 per year.
Alaska Air Group Inc (NYSE:ALK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.56% of Alaska Air Group Inc shares, and 92.65% of them are in the hands of institutional investors. The stock currently has a share float of 93.16%. Alaska Air Group Inc stock is held by 668.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 12.8514% of the shares, which is about 16.24 million shares worth $655.94 million.
VANGUARD GROUP INC, with 10.871% or 13.69 million shares worth $553.25 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 4.02 shares worth $181.99 million, making up 3.28% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 4.02 shares worth around $181.81 million, which represents about 3.27% of the total shares outstanding.
