Shares of Southwest Airlines have moved -1.3% today, and are now trading at a price of $33.78. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 5,477,594 compared to the stock's average volume of 8,610,695.
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. Based in Dallas, United States the company has 74,806 full time employees and a market cap of $20,155,342,848. Southwest Airlines currently offers its equity investors a dividend that yields 2.1% per year.
The company is now trading 9.43% away from its average analyst target price of $30.87 per share. The 15 analysts following the stock have set target prices ranging from $20.0 to $42.0, and on average give Southwest Airlines a rating of hold.
Over the last 52 weeks, LUV stock has risen 0.7%, which amounts to a -27.1% difference compared to the S&P 500. The stock's 52 week high is $39.53 whereas its 52 week low is $21.91 per share. With its net margins declining an average -25.0% over the last 6 years, Southwest Airlines may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 25,440,000 | 497,000 | 2 | 0.0 |
| 2022 | 23,814,000 | 539,000 | 2 | -66.67 |
| 2021 | 15,790,000 | 977,000 | 6 | 117.65 |
| 2020 | 9,048,000 | -3,074,000 | -34 | -440.0 |
| 2019 | 22,428,000 | 2,300,000 | 10 | -9.09 |
| 2018 | 21,965,000 | 2,465,000 | 11 |
