Allegiant Travel Company (ALGT)

NASDAQ: ALGT · IEX Real-Time Price · USD
82.61
-1.53 (-1.82%)
At close: Dec 29, 2023, 4:00 PM
82.78
+0.17 (0.21%)
After-hours: Dec 29, 2023, 6:28 PM EST
-1.82%
Market Cap 1.52B
Revenue (ttm) 2.51B
Net Income (ttm) 172.03M
Shares Out 18.40M
EPS (ttm) 9.37
PE Ratio 8.82
Forward PE 20.29
Dividend $2.40 (2.91%)
Ex-Dividend Date Nov 14, 2023
Volume 150,520
Open 83.77
Previous Close 84.14
Day's Range 81.78 - 84.13
52-Week Range 54.87 - 130.93
Beta 1.70
Analysts Buy
Price Target 99.90 (+20.93%)
Earnings Date Jan 31, 2024

About ALGT

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2023, it operated a fleet of 122 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, prio... [Read more]

Industry Airlines
Sector Industrials
IPO Date Dec 8, 2006
Employees 5,578
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

In 2022, ALGT's revenue was $2.30 billion, an increase of 34.77% compared to the previous year's $1.71 billion. Earnings were $2.49 million, a decrease of -98.36%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ALGT stock is "Buy." The 12-month stock price forecast is $99.9, which is an increase of 20.93% from the latest price.

Price Target
$99.9
(20.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ALLEGIANT REPORTS NOVEMBER 2023 TRAFFIC

LAS VEGAS , Dec. 28, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2023. Scheduled Service – Year Over Year Comparison ...

3 days ago - PRNewsWire

Allegiant transforms leisure travel space by opening new resort in Southwest Florida

Sunseeker Resort Charlotte Harbor marks major milestone in travel company's history LAS VEGAS , Dec. 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) continues to re-shape the domestic...

11 days ago - PRNewsWire

ALLEGIANT ENHANCING ONBOARD EXPERIENCE BY INTRODUCING POPULAR BRANDS TO INFLIGHT WINTER MENU

Network-Wide Arrivals Include Don Julio Reposado Tequila, Ryder Estate Wines, and Grandma's Chocolate Chip Cookies LAS VEGAS, Dec. 13, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) anno...

18 days ago - PRNewsWire

ALLEGIANT WINS PASSENGER-RATED FOUR STAR RANKING AWARD

Las Vegas' hometown airline earns excellence distinction for the fifth year LAS VEGAS , Nov. 29, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) is proud to announce it has been ranked as...

4 weeks ago - PRNewsWire

WISH COME TRUE: ALLEGIANT GRANTS 14-YEAR-OLD TEEN'S WISH TO BECOME A PILOT FOR A DAY

**B-Roll & Photos** LAS VEGAS, Nov. 22, 2023 /PRNewswire/ -- Today, dozens of Allegiant Travel Company (NASDAQ: ALGT) employees gathered at the airline's West Coast Training Center to celebrate their ...

5 weeks ago - PRNewsWire

ALLEGIANT REPORTS OCTOBER 2023 TRAFFIC

LAS VEGAS , Nov. 22, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2023. Scheduled Service – Year Over Year Comparison O...

5 weeks ago - PRNewsWire

ALLEGIANT ANNOUNCES TWELVE NEW ROUTES WITH ONE-WAY FARES AS LOW AS $49*

Expansion Offers Low-Cost Travel Options to Popular Destinations in 22 Cities LAS VEGAS , Nov. 16, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced twelve new nonstop routes to popular va...

6 weeks ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2023 FINANCIAL RESULTS

Third quarter 2023 GAAP diluted loss per share of $(1.44) Third quarter  2023 diluted earnings per share, excluding special charges of $0.09 (1)(4)(5) Third quarter  2023 airline only diluted earnings...

2 months ago - PRNewsWire

ALLEGIANT REPORTS SEPTEMBER 2023 TRAFFIC

LAS VEGAS , Oct. 26, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2023 as well as third quarter 2023. Scheduled Servi...

2 months ago - PRNewsWire

ALLEGIANT ANNOUNCES COLLABORATION WITH GLOBAL ENTERTAINMENT ICON CARRIE UNDERWOOD

LAS VEGAS , Oct. 25, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) is thrilled to announce a collaboration with eight-time GRAMMY® Award winner and three-time ACM Entertainer of the Yea...

2 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES THIRD QUARTER 2023 EARNINGS CALL

LAS VEGAS , Oct. 24, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2023 financial results conference call for Thursday, November 2 at 12:30 p.m. EDT. A l...

2 months ago - PRNewsWire

ALLEGIANT POISED FOR EXPANSION AT NASHVILLE WITH NEW TERMINAL OPENING

Airline Relocates to New Free-Standing Concourse Beginning Oct. 21 LAS VEGAS , Oct. 18, 2023 /PRNewswire/ -- Today Allegiant Travel Company (NASDAQ: ALGT) announced it will relocate its Nashville Inte...

2 months ago - PRNewsWire

ALLEGIANT SECURES FINANCING FOR AIRBUS A320 CEO AND BOEING 737 MAX AIRCRAFT

LAS VEGAS , Oct. 3, 2023 /PRNewswire/ -- Today Allegiant Travel Company (NASDAQ: ALGT) announced financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe's...

3 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY ANNOUNCES FOUNDER MAURY GALLAGHER TO RETURN AS CHIEF EXECUTIVE OFFICER

Gallagher, renowned for establishing Allegiant as a leader among ultra-low-cost carriers, assumes role after John Redmond resigns LAS VEGAS , Sept. 28, 2023 /PRNewswire/ -- Allegiant Travel Company (N...

3 months ago - PRNewsWire

ALLEGIANT REPORTS AUGUST 2023 TRAFFIC

LAS VEGAS , Sept. 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2023.

3 months ago - PRNewsWire

JetBlue and Allegiant Announce Divestiture Agreement in Connection with JetBlue's Combination with Spirit

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) and Allegiant (Nasdaq: ALGT) today announced that the airlines have entered into a definitive agreement under which Je...

Other symbols: JBLUSAVE
3 months ago - Business Wire

ALLEGIANT LAUNCHES ALLWAYS REWARDS VISA® CARD

Rebranded Card will Enhance Member Benefits and Reward Options LAS VEGAS , Sept. 5, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that its award-winning co-branded credit card program ...

4 months ago - PRNewsWire

ALLEGIANT REPORTS JULY 2023 TRAFFIC

LAS VEGAS , Aug. 23, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2023. Scheduled Service – Year Over Year Comparison July...

4 months ago - PRNewsWire

ALLEGIANT ANNOUNCES RATIFIED CONTRACT FOR MAINTENANCE TECHNICIANS AND RELATED WORKFORCE WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS

LAS VEGAS , Aug. 17, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company and the International Brotherhood of Teamsters (IBT), representing Allegiant's maintenance technicia...

4 months ago - PRNewsWire

Mexico's move of cargo flights snarls planned Allegiant-VivaAerobus tie-up

Mexico's move of cargo flights from the capital's main airport to a more distant location is likely behind the pause in a planned joint venture between U.S. carrier Allegiant and Mexican airline VivaA...

5 months ago - Reuters

ALLEGIANT TRAVEL COMPANY SECOND QUARTER 2023 FINANCIAL RESULTS

Second quarter 2023 GAAP diluted earnings per share of $4.80 Second quarter  2023 diluted earnings per share, excluding Sunseeker special charges of $4.35 (1)(4)(5) Second quarter  2023 airline only d...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES SECOND QUARTER 2023 EARNINGS CALL

LAS VEGAS , July 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2023 financial results conference call for Wednesday, August 2 at 12:30 p.m. EDT. A l...

5 months ago - PRNewsWire

ALLEGIANT REPORTS JUNE 2023 TRAFFIC

LAS VEGAS , July 18, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2023. Scheduled Service – Year Over Year Comparison June...

5 months ago - PRNewsWire

Turbulence aboard Allegiant flight injures 2 passengers, 2 flight attendants

ST. PETERSBURG, Fla. — Two passengers and two flight attendants were injured when a plane hit turbulence Wednesday while flying from North Carolina to Florida, officials said.

Other symbols: FR
6 months ago - Market Watch

Allegiant Allways Rewards Members Earn Exclusive Perk: Presale Access to Live Nation Concert Tickets

Members will have the chance to purchase tickets to see artists including 50 Cent, Neon Trees, Lil  Durk, Pepe Aguilar, Pentatonix, Dierks Bentley, Adekunle Gold, Queens of the Stone Age , and many mo...

6 months ago - PRNewsWire