LUV - Southwest Airlines Co.

NYSE - NYSE Delayed Price. Currency in USD
57.70
-0.30 (-0.52%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close58.00
Open58.50
Bid57.10 x 1100
Ask0.00 x 1100
Day's Range57.64 - 58.60
52 Week Range44.28 - 64.02
Volume4,992,007
Avg. Volume4,513,929
Market Cap31.89B
Beta (3Y Monthly)1.73
PE Ratio (TTM)13.45
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 Is 1 Step Closer to Hawaii Flights
    Motley Fool17 hours 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 Foolyesterday

    Warren Buffett Just Sold These Stocks

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

  • CNBC2 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.

  • CNBC2 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
    InvestorPlace3 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 Journals3 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 Journals3 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.

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    Berkshire Picks Up Red Hat and Suncor, Dumps Oracle

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  • 5 Reasons Airline Stocks Will Soar Even as Oil Prices Jump
    Investopedia3 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 Journals4 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.

  • Reuters4 days ago

    Southwest receives FAA permission for test flights to Hawaii

    Southwest Airlines said on Thursday it had received Federal Aviation Administration approval for test flights to Hawaii, a key step in its application process for the new route. Dallas, Texas-based Southwest ...

  • The Zacks Analyst Blog Highlights: American Airlines, JetBlue, Spirit, United Continental and Southwest
    Zacks4 days ago

    The Zacks Analyst Blog Highlights: American Airlines, JetBlue, Spirit, United Continental and Southwest

    The Zacks Analyst Blog Highlights: American Airlines, JetBlue, Spirit, United Continental and Southwest

  • Delta’s Aggressive Shareholder Return Plan
    Market Realist4 days ago

    Delta’s Aggressive Shareholder Return Plan

    Analysts Expect a Double-Digit Surge in Delta Air Lines Stock(Continued from Prior Part)Highest dividend yield Delta Air Lines (DAL) has always tried to enhance shareholders’ wealth through dividend payments and share repurchases. Dividends and

  • Southwest Airlines mechanics aghast at no management counterproposal
    American City Business Journals5 days ago

    Southwest Airlines mechanics aghast at no management counterproposal

    Contract talks between Southwest mechanics and management that have gone on for over six years only grew more contentious at the latest bargaining session.

  • PR Newswire5 days ago

    Southwest Airlines Employees Earn $544 Million In 2018 ProfitSharing

    DALLAS, Feb. 13, 2019 /PRNewswire/ -- Southwest Airlines Co. (LUV) announced this week that it will share $544 million with its Employees through the Company's ProfitSharing Plan. This is Southwest's 45th consecutive ProfitSharing award, starting with the first ProfitSharing payout in 1974. The Company will pay part of the award to the retirement plan and part in cash.

  • CNBC5 days ago

    Dallas flights briefly halted after report of smoke prompts evacuation of radar facility

    Flights into Dallas' two main airports were halted after reports of smoke in a radar room, the FAA says. American Airlines and Southwest Airlines operate hubs in each of Dallas' main airports. The Federal Aviation Administration briefly grounded flights in and out of Dallas' two main airports on Wednesday after a report of smoke in a radar room prompted an evacuation of the air traffic controllers, the agency said.

  • Analysts Expect a Double-Digit Surge in Delta Air Lines Stock
    Market Realist5 days ago

    Analysts Expect a Double-Digit Surge in Delta Air Lines Stock

    Analysts Expect a Double-Digit Surge in Delta Air Lines StockBullish recommendations Delta Air Lines (DAL) could be an intriguing choice for investors, according to analysts’ ratings. Wall Street expects a massive upside in the company’s share

  • 4 Airline Stocks That Are Cleared for Takeoff Amid Market Turbulence
    InvestorPlace5 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.

  • Transatlantic Focus Strategy to Drive Delta’s Unit Revenue
    Market Realist5 days ago

    Transatlantic Focus Strategy to Drive Delta’s Unit Revenue

    Analysts Expect a Double-Digit Surge in Delta Air Lines Stock(Continued from Prior Part)Transatlantic route focus Delta Air Lines (DAL) has been making route realignments to focus more on its most profitable transatlantic route. For this, the

  • Discounted Valuation Multiples Make Delta an Attractive Pick
    Market Realist5 days ago

    Discounted Valuation Multiples Make Delta an Attractive Pick

    Analysts Expect a Double-Digit Surge in Delta Air Lines Stock(Continued from Prior Part)Discounted valuation With a market cap of $34.6 billion, Delta Air Lines (DAL) is the largest airline company in the United States. Cost-control measures,

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  • Fly Higher in 2019 With These 5 Terrific Airlines Stocks
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  • PR Newswire6 days ago

    Southwest Airlines Is In Search Of Great Storytellers And Influencers

    Now you can cross these trips and more off your travel bucket list if you are a Southwest Airlines Storyteller and Influencer! The qualifications are simple: you must be 21 years or older and have at least 2,500 Instagram followers. To enter the contest, Southwest Airlines wants to see our Customers' travel inspired photos.

  • United Airlines’ Increased Capital Return Plan
    Market Realist6 days ago

    United Airlines’ Increased Capital Return Plan

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  • UAL’s Premium Seat Additions Could Drive Its Revenues
    Market Realist7 days ago

    UAL’s Premium Seat Additions Could Drive Its Revenues

    Investing in United Airlines Stock: Highlights for Investors(Continued from Prior Part)Premium seat additionsLast week, United Airlines (UAL) announced that it would add 1,600 premium seats to over 100 of its domestic and international flights over