After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that SOUTHWEST AIRLINES RETURNS AS OFFICIAL AIRLINE OF LUCK REUNION AND ANNOUNCES ARTIST ON THE RISE FINALISTS.
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Stocks Info
LUV belongs to the Industrials sector of the NYSE while operating in the Airlines industry. At the end of the last regular session, the stock closed at $33.86 and fluctuated between $35.06 as its day high and $33.81 as its day low. The current market capitalization of Southwest Airlines Co is $20.20B. A total of 8.85 million shares were traded on the day, compared to an average of 8.46M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, LUV has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 10 SELLs from insiders. Insiders purchased 73,375 shares during that period but sold 70,265.
In the most recent transaction, Green Ryan C. sold 4,936 shares of LUV for 29.94 per share on May 02. After the transaction, the EVP, Chief Commercial Officer now owns 26,361 company shares.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Southwest Airlines Co pays an annual dividend of $0.72, resulting in a dividend yield of 2.13%, and it has a price to earnings (P/E) ratio of 46.05. LUV’s most recent ex-dividend date was 3/5/2024 when it declared a $0.18 quarterly dividend that was paid in cash on 3/27/2024. Previously, the company paid the dividend on 1/11/2024 with an ex-dividend date of 12/20/2023. The LUV stock dividend was $0.18 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LUV in the last 3 months, the mean price target is $30.15 with high estimates of $42.00 and low estimates of $20.00. In terms of 52-week highs and lows, LUV has a high of $39.53 and a low of $21.91.
As of this writing, LUV has an earnings estimate of $The Lion Electric Company per share for the current quarter. EPS was calculated based on a consensus of Southwest Airlines Company estimates, with a high estimate of $Live Nation Entertainment, Inc. per share and a lower estimate of $Lufax Holding Ltd.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LUV’s latest balance sheet shows that the firm has $15.50B in Cash & Short Term Investments as of fiscal 2021. There were $12.28B in debt and $9.16B in liabilities at the time. Its Book Value Per Share was $17.63, while its Total Shareholder’s Equity was $10.41B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUV is Buy with a score of 3.00.
