After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted SOUTHWEST AIRLINES LAUNCHES RENEWABLE VENTURES SUBSIDIARY TO ADVANCE SUSTAINABLE AVIATION FUEL AND ANNOUNCES INVESTMENT IN LANZAJET.
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Stocks Info
The company is listed on the NYSE and operates within the Airlines industry segment. The current market capitalization of Southwest Airlines Co is $20.26B. A total of 6.37 million shares were traded on the day, compared to an average of 8.47M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. 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 3 SELLs from insiders. Insiders purchased 73,375 shares during that period but sold 5,896.
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
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Southwest Airlines Co pays an annual dividend of $0.72, resulting in a dividend yield of 2.12%, and it has a price to earnings (P/E) ratio of 46.19. 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.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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 -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.03 per share and a lower estimate of -$0.37.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 3.12.
