Alaska Air Group (ALK) Stock Price, News & Analysis

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALK shares.
View ALK analyst ratings or view top-rated stocks.

11 brokers have issued 12 month price targets for Alaska Air Group's stock. Their ALK share price targets range from $42.00 to $70.00. On average, they predict the company's stock price to reach $57.85 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
View analysts price targets for ALK or view top-rated stocks among Wall Street analysts.

Alaska Air Group's stock was trading at $39.07 on January 1st, 2024. Since then, ALK stock has increased by 15.2% and is now trading at $45.0150.
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Alaska Air Group saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,020,000 shares, an increase of 31.7% from the March 15th total of 4,570,000 shares. Based on an average daily trading volume, of 2,480,000 shares, the short-interest ratio is currently 2.4 days.
View Alaska Air Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our ALK earnings forecast.

Alaska Air Group, Inc. (NYSE:ALK) posted its earnings results on Thursday, April, 18th. The transportation company reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.09) by $0.17. The transportation company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. Alaska Air Group had a trailing twelve-month return on equity of 14.72% and a net margin of 2.25%. The business's revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.62) EPS.
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Alaska Air Group (NYSE:ALK) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 82.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALK will have a dividend payout ratio of 24.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALK.

ETFs with the largest weight of Alaska Air Group (NYSE:ALK) stock in their portfolio include U.S. Global Jets ETF (JETS), American Customer Satisfaction ETF (ACSI), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap Industrials ETF (PSCI), iShares Focused Value Factor ETF (FOVL), Defiance Hotel, Airline, and Cruise ETF (CRUZ), SPDR S&P 600 Small CapValue ETF (SLYV) and Direxion Daily Travel & Vacation Bull 2X Shares (OOTO).

Alaska Air Group shares split on the morning of Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly issued shares were issued to shareholders after the closing bell on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Alaska Air Group issued an update on its FY24 earnings guidance on Thursday, April, 18th. The company provided EPS guidance of $3.25-5.25 for the period, compared to the consensus estimate of $4.36.

391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX).

Alaska Air Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARGA Investment Management LP (0.18%), Hodges Capital Management Inc. (0.16%), Gateway Investment Advisers LLC (0.12%), tru Independence LLC (0.08%), State of Alaska Department of Revenue (0.06%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, J Kenneth Thompson, Jessie J Knight Jr and Shane R Tackett.
View institutional ownership trends.

Shares of ALK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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