Shares of Southwest Airlines Company moved 3.8% today, and are now trading at a price of $28.98. The large-cap stock's daily volume was 5,170,425 compared to its average volume of 8,207,959. The S&P 500 index returned a -0.0% performance.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. The company is based in Dallas and has 74,181 full time employees. Its market capitalization is $17,276,127,232. Southwest Airlines Company currently offers its equity investors a dividend that yields 2.6% per year.
16 analysts are following Southwest Airlines Company and have set target prices ranging from $18.0 to $47.0 per share. On average, they have given the company a rating of hold. At today's prices, LUV is trading 4.66% away from its average analyst target price of $27.69 per share.
Over the last year, LUV shares have gone down by -20.4%, which represents a difference of -40.8% when compared to the S&P 500. The stock's 52 week high is $39.53 per share and its 52 week low is $21.91. Although Southwest Airlines Company's average free cash flow over the last 6 years has been $853.5 Million, they have been decreasing at an average rate of -34.1%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,317,000 | 4,168,000 | -851,000 | -535.07 |
| 2022 | 3,790,000 | 3,924,000 | -134,000 | -107.37 |
| 2021 | 2,322,000 | 505,000 | 1,817,000 | 210.66 |
| 2020 | -1,127,000 | 515,000 | -1,642,000 | -155.47 |
| 2019 | 3,987,000 | 1,027,000 | 2,960,000 | -0.37 |
| 2018 | 4,893,000 | 1,922,000 | 2,971,000 |
