Southwest Airlines Co. (LUV)
| Market Cap | 17.22B |
| Revenue (ttm) | 25.44B |
| Net Income (ttm) | 497.00M |
| Shares Out | 596.12M |
| EPS (ttm) | 0.78 |
| PE Ratio | 37.03 |
| Forward PE | 26.99 |
| Dividend | $0.72 (2.49%) |
| Ex-Dividend Date | Dec 20, 2023 |
| Volume | 5,022,952 |
| Open | 29.26 |
| Previous Close | 29.38 |
| Day's Range | 28.84 - 29.26 |
| 52-Week Range | 21.91 - 39.53 |
| Beta | 1.19 |
| Analysts | Hold |
| Price Target | 33.21 (+14.99%) |
| Earnings Date | Jan 25, 2024 |
About LUV
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It al... [Read more]
Financial Performance
In 2022, LUV's revenue was $23.81 billion, an increase of 50.82% compared to the previous year's $15.79 billion. Earnings were $539.00 million, a decrease of -44.83%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for LUV stock is "Hold." The 12-month stock price forecast is $33.21, which is an increase of 14.99% from the latest price.
News
From FedEx to airlines, companies are starting to lose their pricing power
CNBC's Leslie Josephs and DCLA's Sarat Sethi, join 'Power Lunch' to discuss companies losing their pricing power in 2023.
Airlines urge Biden administration to do more to address flight delays
A group representing major passenger airlines on Friday urged U.S. transportation officials to do more to address the impact of private planes and air traffic controller staffing shortages on holiday ...
Southwest Airlines Hit by More Holiday Disruption. Why It's Moving in the Right Direction.
If the severity of last year's holiday travel meltdown was down to Southwest's outdated technology and ineffective crew scheduling systems, this year's was more like bad luck.
Southwest is back on track after canceling hundreds of flights over Christmas weekend
Southwest Airlines canceled more than 400 flights across the Christmas weekend due to dense fog. The airline's operation is "stable and healthy" as of Tuesday, with only a few cancelations.
Airlines brace for holiday travel: What you need to know
Sara Nelson, International President of the Association of Flight Attendants, joins 'Squawk Box' to discuss disruptions in some airlines over the Christmas weekend, push for flight attendants' pay rai...
Travel volume this year will surpass 2019 levels, says David Banmiller
David Banmiller, President of the Falcon Group, discusses the travel season this year.
SOUTHWEST AIRLINES NAMED THE TOP AIRLINE FOR JOB GROWTH AND OPPORTUNITY BY THE AMERICAN OPPORTUNITY INDEX
Index ranks best workplaces in America for Employees to advance their careers DALLAS , Dec. 21, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is proud of its recognition as an Employer H...
Southwest Airlines, pilot union reach tentative agreement on new contract
Southwest Airlines and its pilot union have struck a tentative agreement for a new contract that would give pilots a significant pay boost over the next four years.
US airlines say they're ready for record holiday travel
US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown.
US airlines ready for busier holiday travel after 2022 meltdown
US airlines say they are prepared for busier end-of-year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. More here:
Southwest Pilots Will Get 50% Pay Raise Over 5 Years In Tentative Union Agreement
The board of directors of the Southwest Airlines Pilots Association approved a tentative agreement with Southwest on Wednesday in which pilots will receive a 50% pay increase over five years, multiple...
SOUTHWEST AIRLINES PILOTS TO VOTE ON FIVE-YEAR AGREEMENT
DALLAS , Dec. 20, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today that a Tentative Agreement has been reached with the Southwest Airlines Pilots Association (SWAPA) and will b...
Southwest Pilots Union Members to Vote on $12 Billion Deal
Southwest Airlines (LUV) shares wavered between gains and losses Wednesday before finishing 0.9% lower after its pilots union announced it reached a tentative agreement with the airline.
Southwest pilots would land big pay hike in tentative deal
Southwest Airlines Co.'s LUV, -0.90% pilots union on Wednesday said its 11,000-plus members would vote on a tentative agreement with the airline for a big pay hike and better benefits. The pilots will...
Southwest Airlines Reaches Deal With Pilots Union
The new contract would provide raises and better benefits, following similar deals at other big airlines.
Southwest Airlines pilots may get a 50% pay raise
Southwest Airlines Co (NYSE: LUV) is trending up at writing after announcing a new preliminary deal with the pilots' union. The agreement is worth about $12 billion The said agreement with Southwest A...
Southwest Airlines pilots secure hefty pay raises in new contract
Pilots at Southwest Airlines will get about a 50% pay raise over a five-year period in their new contract, according to the details shared by their union on Wednesday.
Southwest Airlines, pilots union reach tentative labor deal
NEW YORK — Southwest Airlines and its pilots reached a tentative labor agreement after three-and-a-half years of negotiations, the last of the four major airlines to reach a deal with pilots.
Southwest Airlines, pilots' union reach preliminary deal
Southwest Airlines (LUV) and its pilots' union have reportedly reached a preliminary labor deal. Union members still have to vote on the terms of this agreement to ratify the labor contract.
Southwest Airlines pilots reach agreement for $12 billion contract
CHICAGO, Dec 19 (Reuters) - Negotiators for pilots at Southwest Airlines (LUV.N) have reached an agreement in principle with the company for a new five-year contract worth $12 billion, the union said ...
Southwest And Pilots' Union Reach Labor Agreement In Principle After Years Of Negotiations
Southwest Airlines and its pilots' union have reached an agreement in principle on a new contract, the union announced Tuesday, meaning, if the agreement is ratified by the union, Southwest pilots wil...
Southwest Airlines pilots reach agreement in principal on new labor deal
The union's board will meet on Wednesday to evaluate the deal and decide whether to send it to the pilots for a ratification vote.
Southwest Airlines, pilots' union reach preliminary labor deal after years of contentious talks
Southwest is the last of the major airlines to reach a labor deal with pilots.
Southwest Airlines' holiday meltdown: Will customers get any money from the $140 million settlement?
The ghost of Christmas past has come back to haunt Southwest Airlines LUV, -0.12% — to the benefit of some future flyers.
U.S. DOT Fines Southwest Airlines $140 Million For 2022 Christmas Fail
The U.S. Department of Transportation imposed a substantial $140 million fine on Southwest Airlines LUV for breaches of consumer protection laws during the 2022 Christmas period. This unprecedented fi...