LUV - Southwest Airlines Co.

NYSE - NYSE Delayed Price. Currency in USD
51.57
+0.98 (+1.94%)
At close: 4:01PM EST
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Previous Close50.59
Open50.91
Bid0.00 x 900
Ask0.00 x 800
Day's Range50.60 - 51.58
52 Week Range44.28 - 65.50
Volume3,236,424
Avg. Volume5,171,126
Market Cap28.998B
Beta (3Y Monthly)1.61
PE Ratio (TTM)8.14
EPS (TTM)6.34
Earnings DateJan 24, 2019
Forward Dividend & Yield0.64 (1.31%)
Ex-Dividend Date2018-12-04
1y Target Est60.78
Trade prices are not sourced from all markets
  • The Wall Street Journal21 hours ago

    [$$] Heavy Snow Threatens Travel Over Holiday Weekend

    A winter storm threatening a wide stretch of the country could keep travelers grounded over the long holiday weekend, another headache for passengers already facing the prospect of lengthy security lines at some airports. Airlines are waiving fees to change flights at dozens of cities from Lincoln, Neb., to Bangor, Maine, as a winter storm moves eastward. The storm is slated to move rapidly across the Midwest into New England, intensifying along the way and bringing near-blizzard conditions over parts of New England Sunday, according to the National Weather Service.

  • Airlines warn of travel disruptions from winter storm and waive change fees
    CNBCyesterday

    Airlines warn of travel disruptions from winter storm and waive change fees

    Airlines waived change fees ahead of winter storm Harper. Travelers can change their tickets to travel as late as next week as the storm approaches the East Coast, bringing snow, sleet and heavy rain.

  • Kansas City Southern (KSU) Q4 Earnings Meet, Revenues Top
    Zacksyesterday

    Kansas City Southern (KSU) Q4 Earnings Meet, Revenues Top

    Kansas City Southern's (KSU) Q4 results benefit from an impressive performance of Chemical & Petroleum and Agriculture & Minerals segments. However, high operating expenses partly affect results.

  • Markityesterday

    See what the IHS Markit Score report has to say about Southwest Airlines Co.

    # Southwest Airlines Co ### NYSE:LUV View full report here! ## Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for LUV with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LUV. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $7.04 billion over the last one-month into ETFs that hold LUV are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. LUV credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Southwest fares OK, American poor in annual airlines rankings
    American City Business Journalsyesterday

    Southwest fares OK, American poor in annual airlines rankings

    The two airlines based in North Texas saw mixed results in the annual airlines rankings put together by the Wall Street Journal.

  • InvestorPlace2 days ago

    A Lucky Break for Lion Air Investigators May Hurt Boeing Stock

    Due to rapidly-rising geopolitical tensions, I have a long-term bullish perspective on the defense industry. But Boeing (NYSE:BA) has robust exposure to both civilian and military applications, making it an appealing package. Under normal circumstances, I'd wholeheartedly recommend Boeing stock. However, recent events make BA a tricky call. Specifically, I'm referring to Indonesia's Lion Air Flight 610 that crashed on October 29th, killing all onboard. After digesting the awful human tragedy, the finger-pointing began. At the center of the controversy is the airplane involved in the accident, a Boeing 737 Max. The Max represents the latest version of the venerable 737 series. As such, it features technological upgrades that supposedly make the plane safer to operate. A key improvement, the Maneuvering Characteristics Augmentation System (MCAS), is integrated in the 737 Max, but not in older versions. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Both Boeing and Lion Air agree that the critical malfunctioned occurred in the MCAS. That admission alone presents a worrying headwind for BA stock. According to the accident investigators, Lion Air's flight crew struggled with the MCAS, which constantly pushed the airliner's nose downward. * 10 Growth Stocks With the Future Written All Over Them From the evidence available, outsiders arrive at a logical conclusion. Without this new "improvement," Flight 610's passengers and crew would likely still be alive. Obviously, this is terrible PR for Boeing stock. Moreover, Lion Air claimed that BA failed to educate the company about MCAS, and how to respond in an emergency. Another damning indictment against BA stock: multiple airliners, including Southwest Airlines (NYSE:LUV) and American Airlines (NASDAQ:AAL), support Lion Air's accusation. However, Boeing pushed back, stating that standard operating procedures would have address the MCAS failure. Also, a Lion Air ground crew may have inadvertently tampered with the MCAS sensor on the doomed flight. ### Boeing Stock Hangs on a Delicate Thread Right now, I believe Lion Air has the stronger argument. While the flight crew may have responded inappropriately, and the ground crew may have erred in the maintenance process, BA has an absolute responsibility to inform all parties about MCAS. Not doing so is negligent. However, I reached my conclusion without the benefit of the cockpit voice recorder (CVR). This would show how the pilots responded to the malfunction. And just recently, Indonesian investigators recovered the CVR. Finding the CVR was a stroke of luck. In about two weeks, the device's acoustic beacon which pings its location would have died. At the same time, it could also spell trouble for Boeing stock if the CVR confirms Lion Air's side (as well as Southwest's and American Airlines'). With the CVR, investigators can have a true glimpse into the flight crew's mindset. If any indication exists that the pilots attempted to regain control through standard measures but failed, the fallout may significantly harm BA stock. For one thing, Boeing has largely been on the defensive. Rather than offer viable theories, they're denying Lion Air's accusations. These denials include rebuttals that BA provided adequate information on dealing with MCAS-related emergencies. An analysis of the CVR may evaporate either party's explanations or accusations. But even if the cockpit recording suggested pilot error, Boeing stock still has a problem. In this case, the error didn't occur in a vacuum. The culprit still remains the MCAS. In my opinion, the cockpit recording only has two outcomes for BA stock: bad news or really bad news. Either way, Lion Air asks the same question: why did you provide airliners with faulty technology? It doesn't help that the Federal Aviation Administration warned 737 Max pilots about the MCAS system following the accident. Such announcements indict the system, not the pilot. ### Be Patient With BA stock I'm not saying Boeing stock is done. As I mentioned earlier, I have a longer-term perspective on defense companies. Militarily and politically, Boeing offers multiple contributions, not the least of which is Air Force One. Furthermore, management has significantly expanded its footprint. For instance, its partnerships with multiple Japanese companies to produce next-generation electric-propulsion airplanes appear promising. Japan eagerly wishes to grow its burgeoning aviation industry. If the country achieves half the success it did with automobiles, the Boeing-Japan partnership will reap significant profits. But in the meantime, this Lion Air controversy isn't going away. The airline previously threatened to cancel a $22 billion order. Depending on the results of the investigation, we may have massive lawsuits flying around. * 7 Stocks to Buy as the Dollar Weakens For me, the bottom line is that serious distractions exist. With BA stock gyrating wildly in the past few months, I'd wait on the sidelines. You may regret a few missed percentage points. On the other hand, you might save yourself heartache if this ugly incident doesn't go Boeing's way. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post A Lucky Break for Lion Air Investigators May Hurt Boeing Stock appeared first on InvestorPlace.

  • PR Newswire2 days ago

    Southwest Airlines to Discuss Fourth Quarter and Annual 2018 Financial Results on January 24, 2019

    DALLAS , Jan. 17, 2019 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its fourth quarter and annual 2018 financial results. Details are as follows: When: ...

  • Flight or fright? Here are the best and worst airlines when it comes to passenger complaints
    American City Business Journals2 days ago

    Flight or fright? Here are the best and worst airlines when it comes to passenger complaints

    The reputation of U.S. airlines took a beating last year amid several high-profile incidents that garnered international headlines. But heading into the holiday travel season, the number of official complaints lodged against U.S. air carriers actually saw a slight decrease compared to a year ago.

  • Delta and Southwest ranked best U.S. airlines in 2018, WSJ reports
    American City Business Journals2 days ago

    Delta and Southwest ranked best U.S. airlines in 2018, WSJ reports

    Delta scooped the No. 1 spot as best airline among eight other U.S. airlines in 2018. Southwest Airlines ranked No. 3.

  • Southwest Airlines (LUV) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks2 days ago

    Southwest Airlines (LUV) Reports Next Week: Wall Street Expects Earnings Growth

    Southwest (LUV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • PR Newswire2 days ago

    Southwest Aircraft Seat Leather Takes On New Life In Episode Of 'Project Runway All Stars' Season 7 On Lifetime

    DALLAS, Jan. 17, 2019 /PRNewswire/ -- Southwest Airlines Co. (LUV) is adding "travel haute couture" to a list of repurposed items made from recycled aircraft seat leather, underscoring a commitment to its Repurpose with Purpose initiative. Southwest has partnered with Project Runway All Stars, which challenged Season 7 contestants to create fashion items from recycled onboard and travel items, ultimately inspiring a line of leather goods to be sold by non-profit partner, Rethreaded. For the fan-favorite Unconventional Materials episode, which aired last night, Southwest® provided items commonly used in air travel, including coffee cups, peanut packets, seat belts, and aircraft seat leather.

  • UAL Enhances Shareholders’ Wealth through Share Repurchases
    Market Realist3 days ago

    UAL Enhances Shareholders’ Wealth through Share Repurchases

    United Airlines Rose after Its Q4 Earnings(Continued from Prior Part)Share repurchasesUnited Continental (UAL) has always tried to enhance shareholders’ wealth through share repurchases. The company started its buyback program in 2015. As of

  • United Airlines’ Utilization Rate Continued to Expand
    Market Realist3 days ago

    United Airlines’ Utilization Rate Continued to Expand

    United Airlines Rose after Its Q4 Earnings(Continued from Prior Part)Utilization rateDisciplined capacity additions, promotional offers, and marketing strategies to drive traffic have helped United Airlines improve its utilization rate or load

  • Hartsfield GM: If government shutdown persists Super Bowl Monday will be 'challenging morning'
    American City Business Journals3 days ago

    Hartsfield GM: If government shutdown persists Super Bowl Monday will be 'challenging morning'

    Hartsfield-Jackson general manager John Selden said the airport expects 110,000 to 115,000 passengers the Monday after the game.

  • United Airlines Rose after Its Q4 Earnings
    Market Realist3 days ago

    United Airlines Rose after Its Q4 Earnings

    United Airlines Rose after Its Q4 EarningsUnited Airlines’ earningsUnited Continental (UAL) shares rose over 6% during the extended trading session on January 15. The airline reported better-than-expected fourth-quarter results. The

  • InvestorPlace3 days ago

    United Airlines Stock Soared On Earnings, But It’s Not Too Late to Board

    Last night, United Airlines (NASDAQ:UAL) management reported earnings and Wall Street loved what it saw. UAL stock rallied 5% on the headline. The airline sector has a long standing reputation that it will always manage to mess up a good thing. But this idea is slowly dying. Something has changed because we all now pay for every perk that used to be free and then some. Even after you pay for your seat you find out that you need to pay extra if you plan on breathing oxygen while on board. All kidding aside, airlines now are taking in more dollars than ever. UAL just delivered a monster beat above expectations on all metrics and upgraded its outlook even in the face of uncertain macro issues. Clearly the messes from the headline flubs are long gone. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The question from here is if the company can maintain this fleecing of its clients. I have no specific reason to believe that it can't, but I wanted to get the potential pitfalls out of the way before I share the upside opportunity that is still in UAL stock. I can go long, even up here on this pop. ### Potential Downsides to UAL Stock The Environment: First, let's start with the macroeconomic picture. I still believe that the fundamentals favor the bullish thesis: 2018 ended red, but that was because we had a slew of negative headlines littering our ticker tape. We have since eliminated one major fear. The Fed is no longer the enemy as they said they won't invert the yield curve on purpose. So the threat of a self-inflicted recession is now minimal. * 10 Growth Stocks With the Future Written All Over Them We are left with the tariff war between the U.S. and China. Even there, the rhetoric from both sides has become more tame. They both state their optimism that they will come to terms by March. So we should have clear sailing on that front for a few weeks. We recently have a new worry emerging from the government shutdown, which is now a record. There is a problem brewing from the TSA calling in absent since they are not getting a paycheck. This could impact UAL's bottom line, but so far they say it's not material enough to change the message. United Airlines fundamentals are modest. UAL stock sells at a trailing price-to-earnings ratio of 10.9. This is low in absolute terms and in line with its competitors. In short, United Airlines stock is not bloated and owning it at these valuations is not likely to be a big mistake in the long run. I hear some experts wanting to chase laggards instead of buying the UAL stock pop. I disagree! I'd rather bet on a team that just delivered a big win than bet that the struggling stocks of AAL or Delta Airlines (NASDAQ:DAL). Not every lagging stock catches up because there might be reasons why they lagged in the first place. AAL and DAL stock are down 20% and 45% over the past year, whereas UAL is up 5% … even before this pop. This is proof that if markets in general are going to be higher this year, UAL is the one major airline most likely be up at a commensurate rate. Meanwhile, the iShares Transportation Average ETF (NYSEARCA:IYT) is down 15% for the same period. * 7 Stocks to Buy as the Dollar Weakens The technical reason: UAL stock is testing a pivotal zone around $85 per share. If the bulls can prevail, they can overshoot higher toward $90. And then, with the help of a rising tide in the stock market, they can try to recapture the highs. The upper end of the ascending 12-month channel is closer to the highs at $97.50 per share. Eventually they can get there without new shoes to drop. Since we are still in a headline trading environment and the government shutdown looks like it will go on for weeks longer, I would not take a full position at once. This leaves me room to add in case the immediate price action fades a bit. The bottom line on United Airlines stock? Management just crushed earnings. This is an all-clear to start or add to a bullish position in United Airlines stock for the long term. Click here and enjoy a free video and more of my market thesis and get an ongoing free copy of my weekly newsletters. Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post United Airlines Stock Soared On Earnings, But It's Not Too Late to Board appeared first on InvestorPlace.

  • American City Business Journals3 days ago

    Report: The U.S. airlines most often responsible for mishandling baggage

    Air travelers can face an abundance of issues when trying to reach their final destination, including misplaced, damaged or delayed luggage.

  • Southwest reaches tentative agreement with Teamsters
    American City Business Journals3 days ago

    Southwest reaches tentative agreement with Teamsters

    Southwest Airlines reached a tentative agreement with the union that represents their material specialists, the airline announced.

  • Delta Air Lines (DAL) Q4 Earnings Beat, Revenues Lag
    Zacks4 days ago

    Delta Air Lines (DAL) Q4 Earnings Beat, Revenues Lag

    The Delta (DAL) stock declines in pre-market trading despite reporting better-than-expected earnings in Q4. This was due to the lackluster EPS guidance for Q1.

  • Reuters4 days ago

    Southwest flights at Baltimore-Washington airport hit by tech issue

    Southwest Airlines Co said on Tuesday it is working to address a connectivity issue that has disrupted its flights from the Baltimore-Washington International Airport. An issue with a vendor supplying ...

  • Market Exclusive4 days ago

    Market Morning: China Buys Oil, Aurora Buys Whistler, Shutdown Hurts Airlines, Brexit Disaster Unfolding

    Stocks Mixed As Everyone Confused About China With nothing compellingly good or bad out about China today, US stock market indexes are mixed. The Dow is down after being up earlier, the S&P is flat, and the Nasdaq is slightly higher as of the early morning. China is reportedly cutting taxes and increasing spending, which […] The post Market Morning: China Buys Oil, Aurora Buys Whistler, Shutdown Hurts Airlines, Brexit Disaster Unfolding appeared first on Market Exclusive.

  • Delta Stock Plunges on Its Weak Q1 Outlook
    Market Realist4 days ago

    Delta Stock Plunges on Its Weak Q1 Outlook

    Delta Stock Plunges on Its Weak Q1 OutlookDAL surpassed estimatesDelta Air Lines (DAL) ended 2018 on a strong note, reporting better-than-expected fourth-quarter results. The company’s fourth-quarter adjusted EPS of $1.30 surpassed Wall Street

  • Can Airlines ETF Take Off on Earnings Surprises?
    Zacks4 days ago

    Can Airlines ETF Take Off on Earnings Surprises?

    Will airlines ETF be able to soar on solid earnings this reporting season?

  • 3 Stocks to Watch in January
    Motley Fool4 days ago

    3 Stocks to Watch in January

    These top companies hit a rough patch last year. But January may be a great time to scoop up shares.

  • Benzinga5 days ago

    Government Shutdown Impacts U.S. Airline Industry

    Because of the now record-breaking partial government shutdown, the U.S. aviation industry is beginning to feel the consequences of lapsed federal funding. A coalition of 34 aviation industry groups ranging from the Air Line Pilots Association to the U.S. Travel Association sent a letter to President Trump and congressional leaders, urging an end to the longest government shutdown. In part, the letter states, "This partial shutdown has already inflicted real damage to our nation's aviation system and the impacts will only worsen over time.