In the latest trading session,, 2.27 million Southwest Airlines Co (NYSE:LUV) shares changed hands as the company’s beta touched 1.22. With the company’s most recent per share price at $32.65 changed hands at -$0.02 or -0.08% at last look, the market valuation stands at $18.60B. LUV’s current price is a discount, trading about -10.63% off its 52-week high of $36.12. The share price had its 52-week low at $23.58, which suggests the last value was 27.78% up since then.
Analysts gave the Southwest Airlines Co (LUV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.04. If we narrow down to specifics, the data shows that 0 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended LUV as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
Southwest Airlines Co (NYSE:LUV) trade information
Instantly LUV was in red as seen in intraday trades today. With action 4.40%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -2.90%, with the 5-day performance at 4.40% in the green. However, in the 30-day time frame, Southwest Airlines Co (NYSE:LUV) is 31.95% up.
The consensus price target for the stock as assigned by Wall Street analysts is 34, meaning bulls need an upside of 3.97% from its recent market value. According to analyst projections, LUV’s forecast low is 29 with 36 as the target high. To hit the forecast high, the stock’s price needs a -10.26% plunge from its current level, while the stock would need to tank 11.18% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -29.29%. The 2025 estimates are for Southwest Airlines Co earnings to increase by 23.10%, but the outlook for the next 5-year period is at 52.16% per year.
LUV Dividends
Southwest Airlines Co is expected to release its next quarterly earnings report in June. The 2.21% annual yield figure for the share gives it an annual dividend of 0.72. It is important to note, however, that the 2.21% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
CAPITAL WORLD INVESTORS holds the second largest percentage of outstanding shares, with 9.6694% or 57.92 million shares worth $1.66 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD CHESTER FUNDS-Vanguard PRIMECAP Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 25.17 shares estimated at $820.04 million under it, the former controlled 4.42% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.30% of the shares, roughly 18.79 shares worth around $612.22 million.