LUV - Southwest Airlines Co.

NYSE - NYSE Delayed Price. Currency in USD
56.55
+1.15 (+2.08%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close55.40
Open55.61
Bid56.50 x 800
Ask56.54 x 1000
Day's Range54.96 - 56.56
52 Week Range47.40 - 58.77
Volume7,846,154
Avg. Volume3,392,216
Market Cap29.348B
Beta (5Y Monthly)N/A
PE Ratio (TTM)12.69
EPS (TTM)N/A
Earnings DateApr 22, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est58.61
  • Thomson Reuters StreetEvents

    Edited Transcript of LUV earnings conference call or presentation 23-Jan-20 5:30pm GMT

    Q4 2019 Southwest Airlines Co Earnings Call

  • This is how the Port of Seattle crafted its $2.3B Sea-Tac Airport expansion plan
    American City Business Journals

    This is how the Port of Seattle crafted its $2.3B Sea-Tac Airport expansion plan

    Two senior Sea-Tac Airport staffers explain how they developed plans to add a terminal and 19 gates to meet the projected demand of 56 million passengers by 2027.

  • Investopedia

    Airline Stocks Heading South After Coronavirus Scare

    U.S. airline carriers are selling off in reaction to strong headwinds that could end their long-term uptrends.

  • How Bad is the Halting of 737 Max Production for Airlines?
    Zacks

    How Bad is the Halting of 737 Max Production for Airlines?

    Per a report by U.K.-based flight data information firm OAG, the prolonged 737 Max grounding is estimated to have hurt global airline industry revenues by $4.1 billion in 2019.

  • Sea-Tac Airport has a $2.3B plan to cope with growth. Now officials have to sell it.
    American City Business Journals

    Sea-Tac Airport has a $2.3B plan to cope with growth. Now officials have to sell it.

    Sea-Tac Airport this week said a record 51.8 million passengers coursed through its terminals in 2019, and that number is expected to hit 56 million by 2027.

  • 3 Peter Lynch Airlines That Outperformed Markets in 2019
    GuruFocus.com

    3 Peter Lynch Airlines That Outperformed Markets in 2019

    Stocks to consider as Berkshire’s airline holdings report earnings ahead of China coronavirus outbreak Continue reading...

  • GuruFocus.com

    US Indexes End Mostly Flat Again on Thursday

    S&P; 500 up 0.11% Continue reading...

  • Benzinga

    737 MAX Crisis Undercuts Southwest Airlines' Profits

    The continued grounding of the Boeing 737 MAX significantly impacted Southwest Airlines Co's (NYSE: LUV) fourth-quarter and full-year profits and the airline said Thursday that 2020 earnings will also be compromised by the crisis. The Dallas-based carrier reported fourth-quarter net income fell 21.4% to $514 million, with earnings per diluted share of 98 cents, below the consensus estimate on Wall Street of $1.09. Southwest Airlines stock price closed with a 3.6% gain to $55.41 per share.

  • Southwest (LUV) Q4 Earnings Miss, Decrease Y/Y on MAX Woes
    Zacks

    Southwest (LUV) Q4 Earnings Miss, Decrease Y/Y on MAX Woes

    Lower passenger revenues and high non-fuel unit costs due to the Boeing MAX groundings affect Southwest's (LUV) Q4 performance.

  • Southwest Airlines CEO pushes back on M&A speculation
    American City Business Journals

    Southwest Airlines CEO pushes back on M&A speculation

    Speculation Southwest Airlines would acquire another carrier was renewed last year as the 737 Max grounding drug on.

  • American Airlines, Southwest Signal More Max Cancellations As Earnings Miss, JetBlue Stock Breaks Out
    Investor's Business Daily

    American Airlines, Southwest Signal More Max Cancellations As Earnings Miss, JetBlue Stock Breaks Out

    American Airlines and Southwest reported a weaker-than-expected Q4 earnings Thursday, while JetBlue beat estimates.

  • Southwest Learns to Adapt to 737 Max ‘Crisis’
    Skift

    Southwest Learns to Adapt to 737 Max ‘Crisis’

    Southwest Airlines does not know when it will again fly what it once hailed as its newest and most efficient asset — the Boeing 737 Max jet. Executives on Thursday warned investors it is losing market share as it cuts longer routes to make better use of aircraft. The airline reported fourth quarter net income […]

  • Earnings from Comcast, Airlines & More, Plus a Cheap Tech Stock to Buy - Free Lunch
    Zacks

    Earnings from Comcast, Airlines & More, Plus a Cheap Tech Stock to Buy - Free Lunch

    Quarterly earnings results from Comcast, Southwest, American Airlines, and more. And a look at why Pure Storage, Inc. (PSTG) is a Zacks Rank 1 (Strong Buy) stock right now, as it trades under $20 a share...

  • US STOCKS-Wall Street hit by coronavirus concerns, weak earnings
    Reuters

    US STOCKS-Wall Street hit by coronavirus concerns, weak earnings

    U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes after a strong start to the year. China put millions of people on lockdown in two cities at the epicentre of the outbreak that has killed 17 people and infected nearly 600. Fears of the fast-spreading coronavirus hitting the global economy have knocked world stock markets off record highs this week, while early earnings reports have brought few surprises to investors.

  • Southwest sees 737 MAX simulator training adding at least two months to pilot training
    Reuters

    Southwest sees 737 MAX simulator training adding at least two months to pilot training

    Southwest Airlines Co expects Boeing 737 MAX simulator training to add at least a couple of months to the time it will take to train its pilots on updates to the jet, an executive said on a conference call on Thursday. If only computer-based training were needed once regulators approve the 737 MAX to fly again, Southwest had expected to train its pilots in 30 days. Southwest is losing 6 million or 7 million customers as a result of the 737 MAX grounding, Chief Executive Gary Kelly said separately on the same call.

  • Benzinga

    Here's How Large Airline Option Traders Are Playing The Wuhan Coronavirus Scare

    Southwest Airlines Co (NYSE: LUV) has been mostly grounded in the past year, gaining just 7%. On Thursday, Benzinga Pro subscribers received nine option alerts related to unusually large trades of airline options. At 9:36 a.m., a trader sold 500 American Airlines Group Inc (NASDAQ: AAL) put options with a $27 strike price expiring on Feb. 21 near the bid price at $1.604.

  • Reuters

    US STOCKS-China virus scare, disappointing earnings drive Wall St lower

    U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors to hit the brakes after a strong start to the year. China put on lockdown two cities at the epicentre of the outbreak that has killed 17 people and infected nearly 600 amid fears the transmission rate will accelerate as hundreds of millions of Chinese travel for the Lunar New Year holidays. Fears of the fast-spreading coronavirus hitting the global economy have knocked world stock markets off record highs this week, even as U.S. earnings reports so far have mostly been in line with expectations.

  • Southwest Posts 4th-Quarter Earnings Miss as Boeing Issues Continue
    GuruFocus.com

    Southwest Posts 4th-Quarter Earnings Miss as Boeing Issues Continue

    Grounding of 737 Max has increased the airline’s costs Continue reading...

  • Benzinga

    Airlines Extend 737 MAX Blackouts As Boeing Eyes Earlier Production Start

    Financial pain from the grounding of Boeing's 737 MAX program continues spreading to key industry stakeholders, but new CEO David Calhoun said Wednesday the company plans to slowly restart production a few months before aviation authorities certify the plane to fly again. Earlier, Canadian carriers WestJet and Air Canada said they are removing the 737 MAX from their flight schedules through June 24 and June 30, respectively, following Boeing's Tuesday estimate that aviation authorities won't recertify the plane for commercial service until midyear. Based on the new guidance, Southwest Airlines (NYSE: LUV) will likely extend MAX-related changes to its flight schedule beyond June 6, Chairman and CEO Gary Kelly said in the company's fourth-quarter financial report.

  • New SA flights up in air over extended Boeing grounding
    American City Business Journals

    New SA flights up in air over extended Boeing grounding

    San Antonio International is still banking on a summer launch of expanded flights with a major airline despite the 737 MAX grounding. That airline is saying otherwise.

  • American, Southwest say demand helping competitors while 737 MAX sits parked
    Reuters

    American, Southwest say demand helping competitors while 737 MAX sits parked

    American and Southwest, the two largest U.S. operators of Boeing Co's 737 MAX aircraft that has been grounded since March following two deadly crashes, said they do not have enough aircraft to meet the demand they see in the market. Both airlines have canceled flights into early June as they operate slimmer fleets but said on Thursday that cancellations would likely extend into the summer or fall after Boeing signaled this week that it does not expect to win regulatory approval for the jets to fly again until mid-year. Southwest CEO Gary Kelly said the airline is losing 6 million to 7 million customers a year due to the 737 MAX grounding, but said he expects to "aggressively recapture" lost market share once the jets return.

  • Reuters

    WRAPUP 3-American, Southwest say demand helping competitors while 737 MAX sits parked

    Healthy travel demand is cushioning results for American Airlines Group Inc and Southwest Airlines Co, the two said on Thursday, while warning they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding. American and Southwest, the two largest U.S. operators of Boeing Co's 737 MAX aircraft that has been grounded since March following two deadly crashes, said they do not have enough aircraft to meet the demand they see in the market. Southwest CEO Gary Kelly said the airline is losing 6 million to 7 million customers a year due to the 737 MAX grounding, but said he expects to "aggressively recapture" lost market share once the jets return.