Southwest Airlines Co (NYSE:LUV)’s traded shares stood at 44.05 million during the last session, with the company’s beta value hitting 1.27. At the close of trading, the stock’s price was $33.26, to imply a decrease of -11.16% or -$4.18 in intraday trading. The LUV share’s 52-week high remains $37.96, putting it -14.13% down since that peak but still an impressive 29.1% since price per share fell to its 52-week low of $23.58. The company has a valuation of $18.95B, with an average of 13.97 million shares in intraday trading volume over the past 10 days and average of 11.83 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Southwest Airlines Co (LUV), translating to a mean rating of 3.04. Of 16 analyst(s) looking at the stock, 0 analyst(s) give LUV a Sell rating. 0 of those analysts rate the stock as Overweight while 8 advise Hold as 8 recommend it as a Buy.
Southwest Airlines Co (NYSE:LUV) trade information
After registering a -11.16% downside in the last session, Southwest Airlines Co (LUV) has traded red over the past five days. The 5-day price performance for the stock is -8.80%, and 4.39% over 30 days. With these gigs, the year-to-date price performance is 20.25%. Short interest in Southwest Airlines Co (NYSE:LUV) saw shorts transact 35.45 million shares and set a 3.14 days time to cover.
The extremes give us $33 and $34 for target low and target high price respectively. As such, LUV has been trading -2.22% off suggested target high and 0.78% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -29.29% for the past 5-year period. While 2025 is set for a 8.10% return in earnings, projections for the next 5 years are at 52.04% annually.
LUV Dividends
Southwest Airlines Co has its next earnings report out on 2025-Apr-23. 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. Southwest Airlines Co has a forward dividend ratio of 0.72, with the share yield ticking at 2.16% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.03%.
Southwest Airlines Co (NYSE:LUV)’s Major holders
Southwest Airlines Co insiders hold 1.07% of total outstanding shares, with institutional holders owning 93.90% of the shares at 94.91% float percentage. In total, 93.90% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 67.6 million shares (or 11.286% of shares), all amounting to roughly $1.93 billion.
The next major institution holding the largest number of shares is CAPITAL WORLD INVESTORS with 57.92 million shares, or about 9.6694% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.66 billion.
