LTM - LATAM Airlines Group S.A.

NYSE - NYSE Delayed Price. Currency in USD
12.05
+0.38 (+3.26%)
At close: 4:02PM EST
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Previous Close11.67
Open11.74
Bid0.00 x 1000
Ask0.00 x 1800
Day's Range11.73 - 12.06
52 Week Range8.41 - 17.01
Volume258,104
Avg. Volume421,286
Market Cap6.978B
Beta (3Y Monthly)1.02
PE Ratio (TTM)72.59
EPS (TTM)0.17
Earnings DateN/A
Forward Dividend & Yield0.11 (0.95%)
Ex-Dividend Date2018-05-10
1y Target Est12.25
Trade prices are not sourced from all markets
  • Reuters4 days ago

    With new decree, LATAM Airlines Brazil officially passes to Chilean hands

    Chile's LATAM Airlines Group SA has asked Brazil's antitrust regulator Cade to boost its voting stake in LATAM Airlines Brazil to 51 percent, formalizing a controlling interest in Brazil's No. 2 airline that for years it was unable to achieve because of local restrictions. In December, Brazil's then-President Michel Temer signed an executive order allowing foreigners, for the first time, to own up to 100 percent of domestic Brazilian airlines. While the move is the first concrete action in Brazil following Temer's executive order, it will have little practical effect.

  • Triton (TRTN) Q4 Earnings Surpass Estimates, Increase Y/Y
    Zacks9 days ago

    Triton (TRTN) Q4 Earnings Surpass Estimates, Increase Y/Y

    Triton International's (TRTN) fourth-quarter 2018 results are aided by higher operating leases. Efforts to reward shareholders are encouraging as well.

  • Copa Holdings (CPA) Misses Q4 Earnings Estimates, Down Y/Y
    Zacks9 days ago

    Copa Holdings (CPA) Misses Q4 Earnings Estimates, Down Y/Y

    Low passenger revenues with high costs dampen Copa Holdings' (CPA) Q4 results.

  • American City Business Journals9 days ago

    Your Valentine's Day flowers likely came from South America

    Valentine's Day is big business for flower importers. LATAM Cargo reports it has shuttled more than 9,000 tons of flowers from South America to nation's across the globe this Valentine's Day season – and 88 percent of that cargo has been transported through Miami. The company, a subsidiary of Chile-based LATAM Airlines Group (NYSE: LTM), reports it doubled it cargo flights from Colombia and tripled its flights from Ecuador to meet demand for Valentine's Day flowers in the U.S. and abroad.

  • 4 Airline Stocks That Are Cleared for Takeoff Amid Market Turbulence
    InvestorPlace10 days ago

    4 Airline Stocks That Are Cleared for Takeoff Amid Market Turbulence

    Warren Buffett once called airline stocks a "death trap." As an industry notorious for losses and bankruptcy, investors tended to avoid long-term holdings in these stocks.To be sure, airlines have faced challenges. With the need for expensive aircraft and a large labor force, fixed costs remain high. Moreover, the legacy of the Sept. 11, 2001 attacks still linger. The industry has to function amid an inconvenient but critical need for security. Another force that has defined the industry is the demand for lower fares. These falling fares pushed one-time icons such as Pan Am out of business. Even the legacy carriers that survive today all faced at least one bankruptcy.However, times have changed, and so have attitudes. Even Mr. Buffett now holds some airline stocks in his Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) portfolio. Today, these industrial stocks often see double-digit profit growth coupled with single-digit forward price-to-earnings (P/E) ratios. Moreover, the industry continues to innovate, particularly from a marketing standpoint. Whether that innovation comes in the form of an emerging ultra-low fare category or bringing expanded air service into smaller markets, this remains a dynamic industry.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 'Buy-and-Hold' Stocks to Own Forever Given current conditions, these four airline stocks seem best-suited to take off in the months and years to come:Source: Shutterstock Alaska (ALK)Unless one lives on the west coast, Alaska (NYSE:ALK) may not come to mind as one of the more common airlines. However, it has expanded far beyond its traditional hubs in Anchorage and Seattle-Tacoma. Today, it serves not only remote locations in Alaska, but major cities across the continental U.S. Today, it is also an airline of choice for travel to Mexico, Hawaii or Costa Rica.The acquisition of Virgin America in 2016 contributed much to this footprint and boosted its revenue. The stock suffered for a time as Alaska worked to absorb Virgin. Today, it trades more than 30% below its 2017 highs. However, ALK now looks poised for a turnaround. ALK stock is seeing improvement in a key airline metric -- revenue per available seat mile (RASM). RASM declined in the first quarter; however, by the fourth quarter, it had risen by 5.4%.Despite that improvement, where ALK will likely stand out most is in profit growth. Wall Street forecasts place estimated profits for ALK stock at 2019 at $6.72 per share. If it holds, it will represent a 50.7% increase from the $4.46 per share it earned in 2018. Most credit the synergies of the Virgin America takeover for this increase. These synergies should continue to drive ALK stock higher in the months and years to come.Source: amanda kelso via Flickr (Modified) Latam (LTM)U.S. investors will likely not think of Chile-based Latam (NYSE:LTM) when looking at airline stocks. However, it serves Latin America's most robust economy and has quietly increased its footprint within South America and beyond. It is the largest airline in Chile and Peru and has grown to be the second-largest in Argentina, Colombia and Ecuador. Latam has also moved to become a true world airline. It began service to Australia in 2017. It also serves countries such as the U.S., Spain and Germany.LTM stock trades at 21.6 times forward earnings. However, only in the airline stocks category would investors consider that expensive. At 92.9% projected earnings growth, it should grow faster than any of its U.S. counterparts. They expect that growth rate to average about 40% per year over the next five years.Fortunately for investors, LTM stock may be in a recovery mode. It peaked at just over $17 per share in January 2018. By August, it had lost about half of its value. Since then, it has begun to recover. It currently trades at around $11.50 per share. * 7 Forever Stocks to Buy for Long-Term Gains LTM stock may not offer as much value as its American peers. However, with its rate of profit growth and potential for further expansion, this has become one of the airline stocks that deserves more attention.Source: Jerry Landers via Flickr (Modified) Southwest (LUV)Perhaps no airline has done more to redefine the domestic airline industry than Southwest (NYSE:LUV). It began as a low-fare option for point-to-point flights to major Texas destinations. In so doing, it proved that a company could earn a profit with improved efficiency and a focus on service.As Southwest moved into new cities, fares fell and passenger volumes increased. This became so prevalent that observers called this the "Southwest Effect." This continues to appear today as Southwest begins plans to serve Hawaii.Already the largest domestic U.S. airline, Southwest also eyes plans to expand to Canada, Europe and South America. The airline currently serves 99 destinations with just 14 outside of the U.S. Hence, despite its 48-year history, growth prospects remain bright for LUV stock.Wall Street still forecasts a 47th consecutive profitable year. With its 10.4 forward P/E, it compares well to other airline stocks. That also appears cheap when considering its predicted profit growth of 23.3% for this year. Wall Street also predicts a longer-term average annual growth rate of about 17.5%. With LUV stock staying on a growth path, and with numerous new destinations that the airline can serve, LUV should remain one of the more popular airline stocks.Source: Shutterstock Spirit (SAVE)Spirit (NYSE:SAVE) may make its mark among airline stocks by "out Southwesting" Southwest. Southwest built much of its reputation on low fares. Spirit has tapped into a market further by becoming king of the so-called "ultra-low-fare" market. The airlines have profited by serving passengers willing to give up any frill it legally can to achieve the lowest fares.SAVE wants to go further than Southwest in another manner. Like Southwest, it relies on one type of aircraft. However, Spirit has explored the option of adding a second, regional aircraft. This would allow Spirit to go into smaller markets dominated by legacy carriers. This could make Spirit the biggest instigator of the so-called Southwest Effect. Further, with Spirit's continued push into South America, growth prospects remain bright.In 2018, a pilot shortage forced a one-time increase in Spirit's costs. However, that is about all that has slowed down the growth driving SAVE stock. Wall Street predicts a growth rate of 48% for 2019. It also expects average annual growth of about 23.8% per year in future years. Investors can purchase this growth at just 9.7 times forward earnings. * The 3 Best Chinese Stocks to Buy for a Long-Term Portfolio At a market cap of just $4.3 billion, it pales in comparison to Southwest's $32.4 billion size. However, with massive profit growth and a forward-thinking expansion plan, SAVE stock should grow as Spirit captures more of its fare-sensitive market.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post 4 Airline Stocks That Are Cleared for Takeoff Amid Market Turbulence appeared first on InvestorPlace.

  • LATAM Airlines Traffic Rises, Load Factor Falls in January
    Zacks11 days ago

    LATAM Airlines Traffic Rises, Load Factor Falls in January

    With capacity growth exceeding the increase in traffic, LATAM Airlines' (LTM) load factor declines.

  • Triton (TRTN) to Post Q4 Earnings: Disappointment in Store?
    Zacks15 days ago

    Triton (TRTN) to Post Q4 Earnings: Disappointment in Store?

    Softness in finance lease revenues to dent Triton's (TRTN) Q4 results. However, lower tax rates are expected to aid the bottom line.

  • 5 Transportation Stocks Poised to Trump Q4 Earnings Estimates
    Zacks15 days ago

    5 Transportation Stocks Poised to Trump Q4 Earnings Estimates

    Low oil prices are likely to lift Q4 results of transportation stocks. However, high labor costs might be a spoiler.

  • Top Ranked Momentum Stocks to Buy for January 30th
    Zacks24 days ago

    Top Ranked Momentum Stocks to Buy for January 30th

    Top Ranked Momentum Stocks to Buy for January 30th

  • Flightgloballast month

    LATAM continues to retreat from A350-1000

    Latin American operator LATAM Airlines Group has converted another four A350-1000s to the -900, continuing its migration away from the larger A350 variant.

  • LATAM Airlines (LTM) Posts Decline in December Load Factor
    Zackslast month

    LATAM Airlines (LTM) Posts Decline in December Load Factor

    Higher demand for air travel leads to a rise in LATAM Airlines' (LTM) December traffic. However, load factor falls as capacity expansion outpaces traffic growth.

  • Strong Cargo Revenues Aid LATAM Airlines Amid Currency Woes
    Zacks2 months ago

    Strong Cargo Revenues Aid LATAM Airlines Amid Currency Woes

    LATAM Airlines (LTM) benefits from robust cargo revenues and consistent efforts to reward shareholders. However, devaluation of Brazilian and Argentinean currencies is a concern.

  • Airline Stock Roundup: LTM's 2019 View, Expansion Updates from UAL, SAVE & ALK
    Zacks2 months ago

    Airline Stock Roundup: LTM's 2019 View, Expansion Updates from UAL, SAVE & ALK

    LATAM Airlines (LTM) guides for 2019, while Spirit Airlines (SAVE) and others share expansion updates.

  • Earnings Estimates Moving Higher for LATAM Airlines (LTM): Time to Buy?
    Zacks2 months ago

    Earnings Estimates Moving Higher for LATAM Airlines (LTM): Time to Buy?

    LATAM Airlines (LTM) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

  • Zacks2 months ago

    LATAM Airlines' November Traffic Rises, Load Factor Falls

    Strong demand for air travel boosts LATAM Airlines' (LTM) November traffic. However, load factor declines as capacity expansion outpaces traffic growth.

  • Reuters3 months ago

    LATAM Airlines says airport workers strike will not affect flights

    LATAM Airlines Group SA , the region's largest airline, said on Friday that an airport worker's strike in Santiago would not affect scheduled flights. The National Inter-Company Union of Workers of LATAM Airlines (SINLATAM) began the walkout at midnight local time on Friday. The union is one of 16 at LATAM and comprises approximately half of the airline's workers at the Santiago airport, LATAM said in a statement.

  • Reuters3 months ago

    LATAM Airlines union workers plan strike set to begin midnight Friday

    A union of workers at LATAM Airlines, Latin America's largest airline, are planning to strike beginning on Friday at midnight local time (0300 GMT), the union said in a statement on Thursday. The National Inter-Company Union of Workers of LATAM Airlines (SINLATAM), said it would hold a press conference at 8:30 a.m. local time to outline the demands of its workers and the impact the strike would have on LATAM flights and operations. LATAM could not immediately be reached for comment.

  • Airline Stock Roundup: LTM's Q3 Earnings Beat,SAVE's Bullish Q4 View & More
    Zacks3 months ago

    Airline Stock Roundup: LTM's Q3 Earnings Beat,SAVE's Bullish Q4 View & More

    Improved unit revenue views for the fourth quarter from the likes of Spirit Airlines (SAVE) and Alaska Air Group (ALK) bode well for the sector.

  • LATAM Airlines (LTM) Surges: Stock Moves 5.9% Higher
    Zacks3 months ago

    LATAM Airlines (LTM) Surges: Stock Moves 5.9% Higher

    LATAM Airlines (LTM) shares rose nearly 6% in the last trading session, amid huge volumes.

  • Company News For Nov 23, 2018
    Zacks3 months ago

    Company News For Nov 23, 2018

    Companies In The News Are: FL,ADSK,LTM,BJ

  • LATAM Airlines (LTM) Q3 Earnings Top, Fall Y/Y on Fuel Costs
    Zacks3 months ago

    LATAM Airlines (LTM) Q3 Earnings Top, Fall Y/Y on Fuel Costs

    Fuel cost woes plus depreciation of the Brazilian Real and Argentinean Peso hurt LATAM Airlines' (LTM) Q3 results.

  • Associated Press3 months ago

    LATAM: 3Q Earnings Snapshot

    The Santiago, Chile-based company said it had net income of 9 cents per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was ...

  • LATAM Airlines posts steep third-quarter profit fall on Argentina, Brazil
    Reuters3 months ago

    LATAM Airlines posts steep third-quarter profit fall on Argentina, Brazil

    LATAM Airlines (LTM.SN), the biggest airline group in Latin America, reported a steep fall in third-quarter profit due to lower passenger demand in Argentina and Brazil as well as higher fuel prices and competition from low-cost airlines. LATAM reported a net profit of $53 million for the quarter, down from $160 million a year earlier, according to a securities filing. Morgan Stanley raised its target price for LATAM shares traded in the New York stock exchange to $9 following the earnings release, from a previous target price of $8.80.

  • LATAM Airlines Group (LTM) Q3 Earnings: What's in Store?
    Zacks3 months ago

    LATAM Airlines Group (LTM) Q3 Earnings: What's in Store?

    Escalating oil prices as well as currency devaluation in certain Latin American economies to weigh on LATAM Airlines Group's (LTM) Q3 results.