Southwest Airlines Co (NYSE:LUV) has a beta value of 1.22 and has seen 10.13 million shares traded in the last trading session. The company, currently valued at $18.16B, closed the last trade at $31.86 per share which meant it lost -$0.02 on the day or -0.06% during that session. The LUV stock price is -13.37% off its 52-week high price of $36.12 and 25.99% above the 52-week low of $23.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.53 million shares traded. The 3-month trading volume is 12.88 million shares.
The consensus among analysts is that Southwest Airlines Co (LUV) is Buy stock at the moment, with a recommendation rating of 2.88. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 16 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
Southwest Airlines Co (NYSE:LUV) trade information
Sporting -0.06% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LUV stock price touched $31.86 or saw a rise of 2.54%. Year-to-date, Southwest Airlines Co shares have moved 13.54%, while the 5-day performance has seen it change -1.06%. Over the past 30 days, the shares of Southwest Airlines Co (NYSE:LUV) have changed 2.08%. Short interest in the company has seen 50.85 million shares shorted with days to cover at 4.3.
Wall Street analysts have a consensus price target for the stock at $33.5, which means that the shares’ value could jump 4.9% from current levels. The projected low price target is $29.0 while the price target rests at a high of $34.0. In that case, then, we find that the current price level is -6.72% off the targeted high while a plunge would see the stock lose 8.98% from current levels.
Southwest Airlines Co (LUV) estimates and forecasts
The company’s shares have lost -1.88% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.29% over the past 5 years. Earnings growth for 2025 is a modest 19.98% while over the next 5 years, the company’s earnings are expected to increase by 52.90%.
LUV Dividends
Southwest Airlines Co is expected to release its next earnings report on 2025-Apr-23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.72 at a share yield of 2.26%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.03%.
Southwest Airlines Co (NYSE:LUV)’s Major holders
Insiders own 1.07% of the company shares, while shares held by institutions stand at 94.14% with a share float percentage of 95.15%. Investors are also buoyed by the number of investors in a company, with Southwest Airlines Co having a total of 1093.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 67.6 million shares worth more than $1.93 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.286% of shares outstanding.
The other major institutional holder is CAPITAL WORLD INVESTORS, with the holding of over 57.92 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.66 billion and represent 9.6694% of shares outstanding.
