LUV - Southwest Airlines Co.

NYSE - NYSE Delayed Price. Currency in USD
50.56
-0.63 (-1.23%)
At close: 4:02PM EDT
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Previous Close51.19
Open50.95
Bid0.00 x 800
Ask0.00 x 800
Day's Range50.23 - 51.94
52 Week Range44.28 - 64.02
Volume4,692,193
Avg. Volume3,587,958
Market Cap27.177B
Beta (3Y Monthly)1.76
PE Ratio (TTM)11.74
EPS (TTM)4.31
Earnings DateOct 24, 2019
Forward Dividend & Yield0.72 (1.41%)
Ex-Dividend Date2019-08-20
1y Target Est59.00
Trade prices are not sourced from all markets
  • Companies to Watch: Baidu posts earnings beat, Southwest cuts down on routes, new details on Disney+
    Yahoo Finance Video

    Companies to Watch: Baidu posts earnings beat, Southwest cuts down on routes, new details on Disney+

    Baidu, Southwest Airlines, U.S. Steel, Elanco and Disney are the companies to watch.

  • Southwest (LUV) Down 7.9% Since Last Earnings Report: Can It Rebound?
    Zacks

    Southwest (LUV) Down 7.9% Since Last Earnings Report: Can It Rebound?

    Southwest (LUV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Southwest Airlines bans employees from wearing accessories supporting breast cancer awareness
    American City Business Journals

    Southwest Airlines bans employees from wearing accessories supporting breast cancer awareness

    The low-fare behemoth has made clear what it will and won't allow in terms of accessories worn with the carrier's uniforms.

  • American Airlines Near Its Five-Year Low: Why the Drag?
    Market Realist

    American Airlines Near Its Five-Year Low: Why the Drag?

    American Airlines (AAL) stock is going through turbulent times. AAL has lost 17.4% of its market value YTD, underperforming the broader market.

  • Boeing Rises on 737 MAX Production Ramp-Up News
    Market Realist

    Boeing Rises on 737 MAX Production Ramp-Up News

    Boeing (BA) stock closed 4.2% higher yesterday on news of its production ramp-up plan for its troubled 737 MAX planes.

  • Hawaiian Holdings at 52-Week Low: Does It Still Hold Promise?
    Zacks

    Hawaiian Holdings at 52-Week Low: Does It Still Hold Promise?

    Hawaiian Holdings (HA) is suffering due to intense competition following Southwest Airlines' entry in Hawaii. However, its history with respect to punctuality raises optimism.

  • Why Hawaiian Holdings Stock Dropped 5% Today
    Motley Fool

    Why Hawaiian Holdings Stock Dropped 5% Today

    Competition from Southwest is becoming a bigger issue for Hawaii's homegrown air carrier.

  • A year after $50M investment, PerkSpot expands its office (PHOTOS)
    American City Business Journals

    A year after $50M investment, PerkSpot expands its office (PHOTOS)

    PerkSpot, a Chicago-based startup that makes an HR tech platform, recently expanded its River North office as it gears up to nearly double its staff in the coming months.

  • Why Airline Stocks Are Underperforming the US Market
    Market Realist

    Why Airline Stocks Are Underperforming the US Market

    The year so far hasn’t gone well for airline stocks, as the majority have underperformed the broader markets. The US Global Jets ETF (JETS) is up just 1.2% year-to-date.

  • 3 Airline Stocks to Buy on A4A's Rosy Labor Day Projection
    Zacks

    3 Airline Stocks to Buy on A4A's Rosy Labor Day Projection

    Airlines for America's bullish Labor Day projection further highlights the strong demand for air travel.

  • Southwest Airlines Stock May Soon Chart a Golden Route
    InvestorPlace

    Southwest Airlines Stock May Soon Chart a Golden Route

    Although discount airliner Southwest Airlines (NYSE:LUV) is up nearly 11% year-to-date, this is a name that peaked too soon. At the beginning of February, the LUV stock price had gained 24% from January's opening volley. However, shares spent much of the year mired in a bearish trend channel since then.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsOf course, investors aren't terribly surprised at the underperformance of Southwest Airlines stock. For starters, the U.S.-China trade war has weighed heavily on the markets. And though the ratcheting up of trade tensions don't directly affect the airline, they do cloud consumer sentiment. Unfortunately, that does take a bite out of the broader transportation industry.Secondly, Southwest Airlines delivered a mixed earnings report for the second quarter of 2019. While the company delivered a beat on per-share profitability, it came up short on revenue. Against a consensus estimate of $5.93 billion, the airline rang up just under $5.91 billion. Wall Street didn't care for the sales miss and the LUV stock price fell sharply after the disclosure.Adding to the woes was the grounding of the Boeing (NYSE:BA) 737 Max 8 jetliner. After two fatal accidents involving the popular plane, a harsh spotlight glared on the once-respected company. At fault was a stabilization system that required grounding all Max 8 jets for inspection and repair.Boeing's woes are particularly troublesome for Southwest Airlines stock because the underlying company is the world's biggest operator of the Max 8, with 34 in its fleet of about 750 planes. American Airlines Group (NASDAQ:AAL) and Air Canada (OTCMKTS:ACDVF) are tied for second place at 24 planes. * 10 Stocks Under $5 to Buy for Fall With such dependency on a disgraced jetliner, does LUV stock offer a realistic chance to break out of its rut? LUV Stock is a Diamond in the RoughI understand investors' hesitation with Southwest Airlines stock. Not only is it heavily levered to the 737 Max 8, other airliners have outpaced it. For example, Delta Air Lines (NYSE:DAL) dealt with the same economic and geopolitical headwinds, yet its shares are up 20% YTD.In addition, trade tensions and other macro-headwinds have brought about fears of a wider correction or even a major tumble. Certainly, the present environment doesn't inspire a risk on attitude.That said, I believe LUV stock offers a rational bull argument for the risk-tolerant speculator. Amid the mixed Q2 earnings report, management delivered a less ambiguous piece of good news: a resumption of their Hawaiian route expansion strategy.In March, the company debuted a flight from the continental U.S. to Hawaii. A little more than two months later, LUV was flying six round trips between the two regions daily. It also featured 16 daily flights within Hawaii.However, the 737 Max 8 grounding hit Southwest Airlines stock just as the underlying company was gaining serious traction. To counter this unforeseen turbulence, management made the decision to cancel all flights to Newark Airport, freeing up equipment to accommodate the Hawaii routes.It stinks to say this but it's the right decision for the company, the consumers, and LUV stock. After all, who in their right mind would go to Newark over anywhere in Hawaii?Secondly, it's not just domestic demand that will benefit the LUV stock price. It may have become an almost farcical stereotype, but Japanese tourists really love Hawaii. Not only that, many of these tourists are paying ridiculous premiums to travel there.With LUV offering cheap routes to the mainland U.S., I see synergies that can eventually lift Southwest Airlines stock. Another Big Route in the WorksWhile Q2 may have been a disappointment for some observers, LUV stock may benefit from a recoil effect. That is, investors were initially taken aback by the Max 8 grounding. However, when the Max eventually resumes normal operations, its associated revenue channels will also come back online. * 10 Undervalued Stocks With Breakout Potential When it does, this may have a disproportionately positive impact on Southwest Airlines stock. Remember, this is the company that has the most of the currently embattled jetliner.And the route that I'm especially paying attention to is the San Diego-Hawaii route. Why San Diego? Aside from it being the best city in the known universe, it hosts the U.S. offices of several major multinational companies, including Japanese firms, such as Sony (NYSE:SNE).What you have in Southwest Airlines stock is a possible goldmine. Southern California is already a gateway for Japanese tourists, and many of them will undoubtedly make the trip south down the coast. Moreover, you have thousands of constantly rotating Japanese professionals on work visas living in San Diego.Southwest can easily convert this consumer base to full flights to Hawaii. Because let's face it: this is a route that sells itself, which is why buying LUV stock isn't as crazy as it first sounds.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Southwest Airlines Stock May Soon Chart a Golden Route appeared first on InvestorPlace.

  • Southwest Airlines flight attendant contract talks unexpectedly go public
    American City Business Journals

    Southwest Airlines flight attendant contract talks unexpectedly go public

    In what was apparently an unplanned turn of events, a revealing video tied to Southwest management contract talks with flight attendants has gone public.

  • ‘Flight shame’: A potential headwind for airlines in Europe
    Yahoo Finance

    ‘Flight shame’: A potential headwind for airlines in Europe

    In Europe, the concept of "flight shame" is rising as green consumers spurn air travel. What affect might it have on airlines?

  • Airline Stock Roundup: LTM's Q2 Loss Narrows, DAL, UAL & LUV in Focus
    Zacks

    Airline Stock Roundup: LTM's Q2 Loss Narrows, DAL, UAL & LUV in Focus

    Expansion-related updates from the likes of United Airlines (UAL) and Southwest Airlines ((LUV) featured in the headlines in the past week.

  • American City Business Journals

    Here are Orlando International Airport's top air carriers so far this year

    Nearly 50 million people travel to Central Florida each year by air, passing through Orlando International Airport, the region's primary air hub — and most of them use the same seven airlines when booking their flights. Orlando's main airport services dozens of air carriers from all over the world, and the most popular carriers include Southwest Airlines (NYSE: LUV) and Delta Air Lines (NYSE: DAL). Further, top carriers such as Spirit Airlines (Nasdaq: SAVE), Southwest and Frontier Airlines are jockeying to stay at the top by adding new services this year from Orlando International to locations such as Dallas, Houston, Cincinnati, San Diego and the Dominican Republic.

  • Airport hits milestone with another big year of passenger growth
    American City Business Journals

    Airport hits milestone with another big year of passenger growth

    The number of MEM passengers has increased by about 938,000, or 20.7 percent, since the 2014-15 fiscal year.

  • Southwest ending some Oklahoma, California and Florida routes out of Love Field
    American City Business Journals

    Southwest ending some Oklahoma, California and Florida routes out of Love Field

    Southwest Airlines will stop flying routes to Oklahoma City, San Francisco and Jacksonville, Fla., out of Dallas Love Field starting Jan. 6, 2020 as the carrier continues to alter its network. The changes come as Southwest Airlines Co. (NYSE: LUV) extended its flight schedule last week through March 6, 2020. "We are making some changes in some markets based on extensive performance reviews to end nonstop service between these city pairs," said Dan Landson, a Southwest spokesperson.

  • Southwest Stock Gains after Wolfe Research’s Upgrade
    Market Realist

    Southwest Stock Gains after Wolfe Research’s Upgrade

    Southwest Airlines (LUV) stock gained 3.3% Friday after Wolfe Research analyst Hunter Keay upgraded his rating to “outperform” from “peer perform.”

  • Southwest Airlines Will Resume Hawaii Expansion in 2020
    Motley Fool

    Southwest Airlines Will Resume Hawaii Expansion in 2020

    The low-fare carrier will launch several new mainland-Hawaii routes and interisland routes next January, including the addition to its route map of two new destinations in Hawaii.

  • Investing.com

    3 Things Under the Radar This Week

    Investing.com - Here’s a look at three things that were under the radar this past week.

  • Southwest Expands Hawaii Operations, Offers Huge Sale
    Market Realist

    Southwest Expands Hawaii Operations, Offers Huge Sale

    Southwest has budget-friendly fares. The company offered a blockbuster introductory fare when it announced the Hawaii expansion plans.

  • Southwest (LUV) to Offer Hawaii Additional Flights in 2020
    Zacks

    Southwest (LUV) to Offer Hawaii Additional Flights in 2020

    Southwest (LUV) aims to penetrate deeper into the Hawaiian regions with new interisland flights as well as services from the mainland.

  • TheStreet.com

    Southwest Airlines Rises on Upgrade to Outperform

    Southwest Airlines shares are higher Friday after Wolfe Research upgrades the passenger airline's stock to outperform from peer perform.

  • Thomson Reuters StreetEvents

    Edited Transcript of LUV earnings conference call or presentation 25-Jul-19 4:30pm GMT

    Q2 2019 Southwest Airlines Co Earnings Call