|Bid||0.00 x 800|
|Ask||0.00 x 2900|
|Day's Range||51.68 - 52.99|
|52 Week Range||47.10 - 66.99|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||8.59|
|Earnings Date||Jan 24, 2019|
|Forward Dividend & Yield||0.64 (1.22%)|
|1y Target Est||62.94|
Airlines cancelled over 1,900 flights around the country after winter storm Avery hit the Northeast stronger than expected with up to a foot of snow on Thursday. Airlines including Delta, United, Southwest and Spirit waived change fees for passengers traveling through some East Coast airports.
Everyone's aware of the seasonal pattern around the holidays. As Thanksgiving and Black Friday near, retailers ramp up their discounts until going full-bore for a roughly monthlong bargain bonanza. But there's an investment thesis, too: Companies whose sales and profits peak around Christmas tend to make good stocks to buy for a short-term bump. It doesn't always work with every seasonal stock, of course. Some companies have bad quarters. And in broad-market corrections and bear markets, almost everything falls - even quality firms that are performing well. But if a normal seasonal pattern holds, several companies - that have exhibited this pattern of rising and falling in previous years - should do quite well. They're not just retail stocks either. Many other types of associated investments get the same type of multi-month boost. Here are seven stocks to buy for a 2018 holiday season pop, though many of them you may want to keep well into the new year. SEE ALSO: 10 Stocks Warren Buffett Is Buying (And 6 He's Selling)
Southwest maintenance records indicated two flight-control sensors, or related hardware, needed repairs after pilots reported they were unable to engage automated throttle settings, the equivalent to a car’s cruise control feature, according to a report.
DALLAS, Nov. 16, 2018 /PRNewswire/ -- Southwest Airlines Co. (LUV) today announced several Leadership promotions. Southwest has promoted Marilyn Post to Managing Director, Deputy General Counsel and Corporate Secretary. In her new role as Managing Director, Deputy General Counsel, Post will report to Executive Vice President, Chief Legal and Regulatory Officer Mark Shaw and continue to lead the General Counsel Department's Corporate and Transactions Team.
Delta Air Lines (DAL) has a consensus rating of ~1.61 from analysts polled by Thomson Reuters (TRI). There has been an upward shift in analysts’ recommendations for Delta Air Lines after its third-quarter results and encouraging guidance for the fourth quarter. About 94% of analysts provided a bullish recommendation on the stock.
Southwest Airlines is reversing course on its previous plan to serve Paine Field, an airport in Alaska Airlines' backyard.
Contrary to popular belief, it's one of the best times of year to travel if you're looking to avoid delays.
Analysts expect Delta Air Lines’ (DAL) fourth-quarter top and bottom lines to continue benefiting from strong travel demand. For three consecutive quarters, the better-than-expected results have supported analysts’ confidence in the stock.
Southwest Airlines, the largest carrier at Mineta San Jose International, will add two more nonstop destinations next June.
The Zacks Analyst Blog Highlights: American Airlines, JetBlue Airways, Southwest Airlines, Alaska Air and Delta Air
Since 2013, Delta Air Lines (DAL) has been actively returning cash to shareholders through dividend payments and share repurchases. The airline’s dividend has been among the fastest-growing in the industry. Its fourth-quarter-2018 dividend rose ~15% from a year ago. From 2013 through 2017, DAL’s dividend grew at a CAGR (compound annual growth rate) of over 50%. In 2018, if DAL maintains the same dividend rate, it would pay a dividend of $1.22 per share.
Could Tata Sons Ltd. be the next business empire to enter its dangerous web? Prime Minister Narendra Modi has sought Tata’s help to rescue the struggling airline, people familiar with the matter told Anurag Kotoky and Bhuma Shrivastava of Bloomberg News this week. The conglomerate’s board would want state banks and India’s airports to take a haircut on some of Jet’s commitments to them before going ahead, one of the people said.
During the three weeks before Lion Air Flight 610 plunged into waters off Indonesia, Southwest Airlines Co. replaced two malfunctioning flight-control sensors of the same type that has been publicly implicated in the crash, according to a summary of Southwest maintenance records reviewed by The Wall Street Journal. Both U.S. maintenance issues involved a Boeing Co. 737 MAX 8, the same model that crashed last month in Indonesia. The sensors measure whether the jetliner is angled above or below level flight.
Delta Air Lines (DAL) has reported traffic growth in terms of revenue passenger miles in every month of 2018 except January. Year-to-date through October, its growth rate was 3.2%. Strong traffic growth in the domestic market drove the consolidated traffic last month.
Delta Air Lines (DAL) has been aggressively adding capacity in terms of average seat miles. Year-to-date as of October, Delta Air Lines’ capacity has risen 3.4% year-over-year. The domestic market continues to see high capacity growth.
As Raleigh-Durham International Airport reports another record month in terms of passenger traffic, Southwest Airlines is adding another nonstop destination: San Jose, California.
Delta Air Lines’ (DAL) stock has been gaining solid momentum lately. One of the main reasons could be the company’s strong third-quarter 2018 results. Its revenues and earnings beat Wall Street estimates and improved year-over-year. Also, an encouraging fourth quarter and 2018 outlook drove the stock higher.
Alaska Airlines plans to launch commercial airline service at the new Paine Field air terminal in Everett on Feb. 11. Alaska also acquired five more landing slots from Southwest Airlines after that airline pulled out.
Buoyant travel demand on the back of a robust domestic economy and affordable air fares contribute to the bullish Thanksgiving travel period projection.
Yesterday, Southwest Airlines’ (LUV) board of directors declared a cash dividend of $0.16 per share for the fourth quarter of 2018, which is 28% higher than the corresponding quarter of last year. The recently announced quarterly dividend will be payable on January 2, 2019, to shareholders of record as of December 5, 2018. Most airline operators have used this opportunity to strengthen their balance sheets and enhance shareholders’ returns through share repurchases and dividend payments.
Air travel is becoming expensive in 2018 owing to surging fuel prices. But oil has seen its deepest international plunge in more than three years, resulting in airline stocks jumping in November.
Analysts expect United Continental’s (UAL) fourth-quarter top and bottom-line results to continue benefiting from a healthy travel demand environment. For three consecutive quarters, the better-than-expected results have instilled analysts’ confidence in the stock.
DALLAS, Nov. 15, 2018 /PRNewswire/ -- Southwest Airlines Co. (LUV) today announced it extended its bookable flight schedule through Aug. 5, 2019, bringing several new nonstop flights into its route network. Southwest continues its investment in Nashville by offering its biggest schedule ever from Music City. Additionally, the carrier is offering seasonal service on Sundays between Nashville and Omaha.