LUV - Southwest Airlines Co.

NYSE - Nasdaq Real Time Price. Currency in USD
58.00
+0.30 (+0.52%)
As of 2:49PM EST. Market open.
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Previous Close57.70
Open57.35
Bid57.99 x 1000
Ask58.02 x 800
Day's Range56.66 - 58.08
52 Week Range44.28 - 64.02
Volume3,727,662
Avg. Volume4,514,032
Market Cap32.056B
Beta (3Y Monthly)1.73
PE Ratio (TTM)13.52
EPS (TTM)4.29
Earnings DateApr 25, 2019
Forward Dividend & Yield0.64 (1.10%)
Ex-Dividend Date2019-03-05
1y Target Est64.16
Trade prices are not sourced from all markets
  • Southwest Airlines faces "operational emergency" with spike in out-of-service jets
    CBS News Videosyesterday

    Southwest Airlines faces "operational emergency" with spike in out-of-service jets

    Southwest Airlines faces what its own managers call an operational state of "emergency" due to an unusually high number of Southwest Boeing 737s being taken out of service for maintenance. In a memo obtained by CBS News, the airline called for all hands on deck. The spike in out-of-service planes follows our CBS News investigation into mechanics' complaints of undue pressure to put aircraft back in service faster. Kris Van Cleave reports.

  • CNBC1 hour ago

    Southwest Airlines grounds more jets due to maintenance issues

    Southwest has extended its "operational emergency" to its hub in Dallas. More than 180 Southwest flights were canceled on Tuesday. Southwest Airlines LUV on Tuesday grounded more jets leading to higher numbers of canceled flights than its peers as the carrier extended an "operational emergency" to its hub in Dallas, telling scheduled mechanics they have to show up for work or risk termination.

  • Report: Southwest Airlines under investigation related to baggage-handling procedures
    American City Business Journals2 hours ago

    Report: Southwest Airlines under investigation related to baggage-handling procedures

    According to a report from The Wall Street Journal, Southwest Airlines is facing a probe from the Federal Aviation Administration concerning its baggage-handling processes.

  • FAA probes Southwest calculations of baggage weight on jets
    Associated Press2 hours ago

    FAA probes Southwest calculations of baggage weight on jets

    Federal officials have told Southwest Airlines to fix the way it calculates the weight of luggage loaded on flights after finding frequent mistakes during a yearlong investigation. Southwest said Tuesday that it has made improvements in its methods for calculating the weight and balance of loads, and that it isn't facing enforcement action. The airline said that it voluntarily reported the issue to the Federal Aviation Administration last year.

  • CNBC7 hours ago

    Stocks making the biggest moves premarket: Walmart, McDonald's, Southwest & more

    The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.

  • TheStreet.com8 hours ago

    Walmart, Southwest, Honda, HSBC and Trade Talks - 5 Things You Must Know

    U.S. stock futures declined slightly on Tuesday, Feb. 19, and global stocks were mixed as investors looked to a key round of trade talks between the U.S. and China in Washington for any clues as to whether the two sides can reach an agreement in the final two weeks before a self-imposed deadline would trigger fresh tariffs between the world's two biggest economies. U.S. Trade Representative Robert Lighthizer will lead this week's negotiations, which begin Tuesday, with China's Vice Premier Liu He expected to visit the U.S. capital Thursday and Friday following a successful round of talks last week in Beijing. Should the March 2 deadline pass without a deal, the U.S. is set to lift tariffs on $200 billion worth of China-made goods to 25% from 10%, while China has vowed to react in kind.

  • The Wall Street Journal19 hours ago

    [$$] FAA Probes Southwest Airlines Over Baggage Weight Discrepancies

    Federal air-safety regulators are investigating Southwest Airlines Co. for widespread miscalculation of the total weight of checked bags loaded onto each of its flights, according to government officials and internal agency documents. While in a few cases the FAA found the load was more than 1,000 pounds in excess of what airline paperwork indicated, Southwest has said its system carries minimal risk for passengers. FAA inspectors and outside safety experts agree the greatest risks stem from potentially incorrect pilot responses to an engine emergency based on an inaccurate recording of the weight distribution between the plane’s front and rear cargo bays.

  • Reuters19 hours ago

    U.S. FAA investigates Southwest over baggage weight discrepancies: WSJ

    A company spokeswoman said there was an open Letter of Investigation (LOI), which is a common mechanism for the FAA to document and share safety interests or concerns with an airline. The airline has not been issued fines and faces no enforcement action regarding its weight and balance program, Southwest spokeswoman Brandy King said. "In this case, the LOI addresses an issue that Southwest voluntarily reported to the FAA last year and since that time, Southwest has implemented controls to address weight and balance program concerns, and shared those measures with the FAA," King said.

  • U.S. FAA investigates Southwest over baggage weight discrepancies - WSJ
    Reutersyesterday

    U.S. FAA investigates Southwest over baggage weight discrepancies - WSJ

    The airline has not been issued fines and faces no enforcement action regarding its weight and balance program, Southwest spokesman Brandy King said. "In this case, the LOI addresses an issue that Southwest voluntarily reported to the FAA last year and since that time, Southwest has implemented controls to address weight and balance program concerns, and shared those measures with the FAA," King said.

  • Southwest Warns Mechanics to Get Back to Work or Risk Termination
    Market Realistyesterday

    Southwest Warns Mechanics to Get Back to Work or Risk Termination

    Southwest Warns Mechanics to Get Back to Work or Risk TerminationOperational emergency In a strongly worded memo, Southwest Airlines (LUV) told its mechanics to get back to work or risk termination, CNBC reported on February 15. The company issued

  • The Wall Street Journalyesterday

    FAA Probes Southwest Airlines Over Baggage Weight Discrepancies

    Federal air-safety regulators are investigating Southwest Airlines Co. for widespread miscalculation of the total weight of checked bags loaded onto each of its flights, according to government officials and internal agency documents. While in a few cases the FAA found the load was more than 1,000 pounds in excess of what airline paperwork indicated, Southwest has said its system carries minimal risk for passengers. FAA inspectors and outside safety experts agree the greatest risks stem from potentially incorrect pilot responses to an engine emergency based on an inaccurate recording of the weight distribution between the plane’s front and rear cargo bays.

  • Has Southwest Airlines (LUV) Outpaced Other Transportation Stocks This Year?
    Zacksyesterday

    Has Southwest Airlines (LUV) Outpaced Other Transportation Stocks This Year?

    Is (LUV) Outperforming Other Transportation Stocks This Year?

  • 5 Hot Airline Stocks Ready for Takeoff
    Kiplingeryesterday

    5 Hot Airline Stocks Ready for Takeoff

    The airline industry would probably rather forget 2018. Most airline companies ended the year in the red as investors worried about high oil prices cutting into profits.The same can't be said for 2019. Oil prices are now down to just over $55 from their peak above $75 back in October 2018. And airline stocks have started the year on a strong note with a solid round of earnings.As a result, shares are now beginning to gain momentum again. That's despite the partial government shutdown, which Delta Air Lines (DAL) CEO Ed Bastian estimated cost the company $25 million in revenue for January."The industry continues to benefit from strong demand as Airline stocks across the board have reported better-than-expected results in their most recent quarter," top Tigress Financial analyst Ivan Feinseth writes. He says a strong economy, low unemployment and increases in consumer spending are driving record levels of airline travel. Not to mention these companies are sharpening their operations to squeeze out maximum gains when the going gets good.Which stocks should you be watching? Here, we use TipRanks market data to pinpoint analysts' favorite airline stocks now: SEE ALSO: 17 Stocks That Warren Buffett Just Bought, Trimmed or Dumped

  • Markityesterday

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

    Southwest Airlines Co NYSE:LUVView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LUV totaled $13.45 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording 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. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. LUV credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.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 Airlines faces an "operational emergency"
    CBS MoneyWatch2 days ago

    Southwest Airlines faces an "operational emergency"

    In a memo obtained by CBS News, the airline called for all hands on deck and warned maintenance employees could face termination for unexcused absences

  • Southwest Airlines Is 1 Step Closer to Hawaii Flights
    Motley Fool2 days ago

    Southwest Airlines Is 1 Step Closer to Hawaii Flights

    The low-fare airline giant could start ticket sales for Hawaii flights within a week or two.

  • Warren Buffett Just Sold These Stocks
    Motley Fool3 days ago

    Warren Buffett Just Sold These Stocks

    Berkshire Hathaway's biggest sells last quarter might surprise you.

  • CNBC3 days ago

    Southwest Airlines declares 'operational emergency' after number out-of-service aircraft doubles

    The mechanics' union, with which Southwest is negotiating a contract, said members were threatened with termination if they didn't comply. Southwest Airlines LUV told its mechanics on Friday that it is experiencing an "operational emergency" due to an unusually high number of grounded jets -- and demanded they show up for work or risk termination, according to a company memo issued on Friday and seen by CNBC. On Friday, 100 Southwest flights were cancelled, more than any other U.S. airline, according to flight-tracking site FlightAware, and more than 1,000 were delayed.The airline usually plans for having as many as 20 aircraft removed from service for unexpected maintenance issues every day.

  • CNBC3 days ago

    Southwest Airlines declares 'operational emergency' after number out-of-service aircraft doubles

    Southwest Airlines told its mechanics on Friday that it was in an "operational emergency" and called for "all hands on deck" among these workers after the number of grounded jets doubled. The airline, which transports more passengers within the U.S. than any other airline, demanded its mechanics show up for work or risk termination.

  • 5 Growthy Stocks Trading Below 15X Earnings
    InvestorPlace4 days ago

    5 Growthy Stocks Trading Below 15X Earnings

    Stock market investors like to find high-growth stocks, especially when they can discover them at a low price-earnings (P/E) ratio. Many of these equities command high multiples, however, if they have earnings at all. Likewise, most stocks are rightfully valued at low P/E ratios because they exhibit low levels of growth.Most of the better-known, high-growth stocks exist in up-and-coming industries. Growth-seeking traders often ignore older industries in favor of new niches, or business models, that can deliver. But finding "growthy" stocks with "boring" valuations can be difficult, if not downright impossible. Those stocks that do have low valuations often trade there for a reason.Occasionally, while searching for innovation in a lower-profile segment of the economy, you will stumble on double-digit growth coupled with palatable valuations … which is what we've compiled for you here.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Strong Buy Stocks With Over 20% Upside The following five stocks trade at a forward P/E ratio below 15, and analysts expect their average respective growth rates to exceed 20% annually over the next five years! Read on for more: Marathon Petroleum (MPC)Source: NatalieMaynor via Flickr (Modified)Forward price-earnings ratio: 9.93Marathon Petroleum (NYSE:MPC) operates as a downstream oil company specializing in refining. Most high-growth stocks in the oil and gas industry participate in the upstream market. However, upstream markets experience extreme boom and bust cycles.The need for refined product does not see these extreme fluctuations. Hence, investors can experience this high growth in a more stable part of the industry. Also, now that it has completed its takeover of Andeavor (formerly Tesoro), the company owns and operates 16 refineries across the United States.This acquisition also returns MPC stock to high growth. After seeing earnings shrink in past years, analysts project a 10.8% increase in profits for 2019. They also predict average growth of 35.2% per year over the next five years. The market has not yet seemed to notice MPC's return to growth. Despite the massive increase projected, the forward P/E stands at 9.2 -- well below the index average of 18X.Interestingly, MPC stock has also followed the path of many tech stocks. The fall selloff saw MPC fall by almost 39% between early October and Christmas Eve. Although it has recovered some of that loss, Marathon still trades 28% lower than the October high.Stockholders should also not forget the dividend, which will pay them $2.12 per share for the year. This has risen for eight consecutive years and yields 3.3%. For a combination of old company stability and new company growth, investors should look no further than MPC stock. Olin (OLN)P/E ratio: 12.39Olin (NYSE:OLN) produces and distributes ammunition, chlorine and sodium hydroxide across the United States and the world. This Clayton, Missouri-based company has existed since 1892. After years of falling profits, OLN stock has now become one of the more surprising high-growth stocks.Earnings increased by a whopping 132% in 2018. While earnings growth will likely come in around the low-double-digits for 2019, analysts forecast an average growth rate of 40.75% per year for the next five years. For this massive growth, investors pay less than 12.5 times future earnings.Olin stock is also recovering from a rough patch. Earnings for the fourth quarter fell from year-ago levels. OLN stock had also fallen throughout 2018, losing about half of its value. However, OLN stock has risen 44% since hitting that low in late December. Moreover, despite that recovery, it still trades about 33% below the all-time high from January 2018.Olin shares have also maintained an 80-cent per share annual dividend since 1999. At today's prices, that brings the yield to around 3.1%. The most recent 20-cent quarterly dividend was its 369th consecutive quarterly payment. * 7 Reasons Stock Buybacks Should Be Illegal No, ammunition and chemicals aren't as sexy as self-driving cars or 5G … still, when you can buy profit growth above 40% for just over 12 times earnings, you experience a different form of excitement … Spirit (SAVE)Source: Shutterstock P/E ratio: 9.46Spirit (NYSE:SAVE) operates in an industry that has historically had a poor investor reputation. However, thanks to Southwest (NYSE:LUV), that perception changed. Many investors would classify Southwest as one of the cheap, high-growth stocks. However, the company that may take the Southwest model to new levels is Spirit Airlines.That certainly proved true with airfares. It has accomplished this mostly by cutting frills to the lowest point legally possible. Moreover, it is going to build on Southwest's one plane type model by adding a regional jet. This will allow Spirit to serve markets that cannot accommodate larger aircraft either physically or financially. This could also bring the so-called "Southwest Effect" to small markets, bringing lower fares to markets currently dominated by legacy carriers.Spirit also continues to move into new markets. It has recently added U.S. cities such as Austin and Raleigh-Durham. It also extended its push further into South America by adding Cali, Colombia late last year.SAVE stock maintains a P/E ratio of 9.4. This is actually not cheap by airline industry standards. Still, the average growth rate of about 23.8% per year for the next five years outperforms Southwest and other peers. In short, Spirit stock has mastered the art of attracting the most fare-sensitive flyers. This should help SAVE stock to fly higher as its ability to serve more low-fare customers continues to soar. Terex (TEX)Source: Shutterstock P/E ratio: 9.61Terex (NYSE:TEX) specializes in work platforms, cranes, and other solutions for industries such as construction, quarrying, recycling, refining, and utilities. Once a division of General Motors (NYSE:GM), it has operated as an independent company since 1988.As the country rebuilds its infrastructure, contractors will continue to utilize Terex equipment. Among its most significant projects is I-4 Ultimate--the expansion of Interstate 4 in Central Florida. Terex has also sold trucks to German construction firms as that country ramps up an infrastructure upgrade valued at €269.6 billion ($304.7 billion).TEX stock has traded in a range for some time and steadily dropped throughout 2018. Still, it has spiked much higher in the previous decade, and the conditions might propel the stock to surge higher again.TEX stock currently trades at around 9.3 times earnings. This comes in well below the average P/E of 21.3 that the saw stock over the last five years. For this year, they predict a 28.2% increase in earnings. That stands well below the expected average for the next five years, which analysts estimate at 37.4% per year. * The 10 Best ETFs You Can Buy With the ongoing need for construction, and many developed countries contemplating infrastructure upgrades, TEX is one of the high-growth stocks positioned to benefit. Investors should consider TEX while they can still buy it at a low multiple. Weight Watchers (WTW)Source: Mike Mozart via FlickrP/E ratio: 8.56Weight Watchers (NYSE:WTW) could see another upswing in the coming months and years. In 2016, WTW became one of the more surprising high-growth stocks as it rose by about tenfold over two years. Oprah Winfrey served as the company spokesperson during much of that time, and many credit Oprah with this increase.However, WTW stock began a brutal downturn despite bullish sentiment. Revenues continued to rise as customers took well to CEO Mindy Grossman's strategy of emphasizing wellness over weight loss. Still, the equity has lost about 70% of its value since June.I was bearish on the stock last spring when it traded at more than double today's value. I have now changed my view, at around $30 per share, the stock has fallen to just 8.6 times forward earnings. Such a multiple should imply little profit growth …… looking at the financials, projections show nothing "little" about Weight Watchers' earnings increases. When 2018 earnings come out, analysts project 75% profit growth. They forecast further double-digit growth in 2019 with a predicted increase of 24%. Revenues followed suit, rising by a predicted 17.2% in 2018. They should go up by an additional 10.4% in 2019.Either way, the stock may have moved ahead of itself in June, but this subsequent selloff has run too far. Thanks to the massive profit growth and the single-digit P/E, prospective buyers now have a great opportunity to fatten up on WTW stock.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 * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post 5 Growthy Stocks Trading Below 15X Earnings appeared first on InvestorPlace.

  • Southwest Airlines declares 'state of operational emergency' with high number of aircraft out of service
    American City Business Journals4 days ago

    Southwest Airlines declares 'state of operational emergency' with high number of aircraft out of service

    Southwest's mechanics are in management's crosshairs as the low-fare behemoth reports larger than usual number of aircraft out of service.

  • McDonald's lags in new study of nation's most intimate brands
    American City Business Journals4 days ago

    McDonald's lags in new study of nation's most intimate brands

    Among Chicago's most intimate brands, the burger behemoth fell behind another familiar comfort food brand.

  • Morningstar4 days ago

    Berkshire Picks Up Red Hat and Suncor, Dumps Oracle

    The firm also increased its stake in JPMorgan Chase and other financials.

  • 5 Reasons Airline Stocks Will Soar Even as Oil Prices Jump
    Investopedia4 days ago

    5 Reasons Airline Stocks Will Soar Even as Oil Prices Jump

    Stabilizing fuel costs coupled with an improving supply/demand setting could be just what airline stocks need to take flight.

  • Southwest enters next phase of Hawaii certification; tickets still not on sale
    American City Business Journals5 days ago

    Southwest enters next phase of Hawaii certification; tickets still not on sale

    Southwest Airlines is taking the next step in the certification process to launch flights to Hawaii.