alk stock price today

A quarterly cash dividend of $0.38 per share of Class A Common Stock. The quarterly cash dividend was payable on March 5, 2020 to stockholders of record on February 14, 2020. Southwest (LUV), United (UAL), and Alaska Air (ALK) all raised jet fuel cost guidance, warning of higher prices to come. Yahoo Finance Live’s Brad Smith and Julie Hyman break down the report and the o…

In terms of the Zacks Industry Rank, Transportation – Airline is currently in the top 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment.

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on

Should You Buy Or Avoid Alaska Air Stock At $52?

It’s been a red hot summer for travel and for airline stocks. But the inevitable turbulence has arrived in the slightly surprising form of Alaska Air’s earnings. CNBC’s Phil LeBeau with Ben Minicucci, CEO of Alaska Air, join ‘The Exchange’ to discuss a surge in international travel, Alaska Air’s guidance leading to a slump in share prices, and how climatic ext… Three US carriers warned about an unexpected surge this quarter in the price of jet fuel, one of the industry’s highest expenses, adding to lingering concerns about demand in domestic markets, lower f… According to 10 analysts, the average rating for ALK stock is “Strong Buy.” The 12-month stock price forecast is $65.81, which is an increase of 64.07% from the latest price.

Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. If you’re wondering what airline stocks to sell this month, look no further.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Compare

ALK’s historical performance

against its industry peers and the overall market. Morningstar analysts hand-select direct competitors or comparable companies to

provide context on the strength and durability of ALK’s

competitive advantage. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. One share of ALK stock can currently be purchased for approximately $40.09.

The company has topped consensus revenue estimates two times over the last four quarters. This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this airline would post a loss of $0.48 per share when it actually produced a loss of $0.62, delivering a surprise of -29.17%. Dividend yield allows investors, particularly those interested in dividend-paying stocks,

to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

SEATTLE , Sept. 8, 2023 /PRNewswire/ — Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a fireside chat with CFO Shan… Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google

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Terms of Service apply. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

  • Alaska Air Group (ALK Quick QuoteALK – Free Report) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.70 per share.
  • Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
  • Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
  • Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Weak guidance and uninspiring quarterly results posted by a peer hurt the airline stock. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

Bradley D. Tilden has an approval rating of 85% among the company’s employees. Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Alaska Air shares have added about 24.2% since the beginning of the year versus the S&P 500’s gain of 18.6%.

Alaska Air says revised guidance comes after considerable increase in fuel prices in past few weeks

Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 40% Sell with a Weakening short term outlook on maintaining the current direction. What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up… What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.08%.

Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. Another stock from the same industry, JetBlue Airways (JBLU Quick QuoteJBLU – Free Report) , has yet to report results for the quarter ended June 2023. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The donchian channel metatrader 4 web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. The U.S. Justice Department has attempted to block the Spirit acquisition.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.85 on $2.87 billion in revenues for the coming quarter and $6.56 on $10.47 billion in revenues for the current fiscal year. Alaska Air, which belongs to the Zacks Transportation – Airline industry, posted revenues of $2.84 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 2.07%.

Removal from the S&P 500 index would also lead to ALK stock being dropped from numerous exchange-traded funds and mutual funds that track the index’s performance. Already, ALK stock is down 5% over the last 12 months and down nearly 40% through five years. Alaska Air Group updated its third quarter 2023 earnings guidance on Wednesday, September, 13th. The company provided earnings per share guidance of for the period.

Alaska Air Group Inc. stock falls Friday, underperforms market

Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments.

alk stock price today

For example, a price above its moving average is generally considered an upward trend or a buy. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Private Companies

Alaska Airlines CEO Ben Minicucci said on Wednesday the airline is “anxious” to begin taking deliveries of the larger Boeing 737 MAX 10 to help it carry more passengers once the plane is certified. Airlines stocks, in general, have fared well this year, with inflation easing and the Federal Reserve moderating the pace of its interest rate hikes. HONOLULU , Aug. 30, 2023 /PRNewswire/ — Alaska Airlines has promoted Daniel Chun to regional vice president – Hawai’i, in a move that underscores the airline’s enduring commitment to the Aloha State…. We’d like to share more about how we work and what drives our day-to-day business.

Southwest, United, Alaska Air warn of higher jet fuel prices

Shares of Alaska Air Group split on the morning of Thursday, July 10th 2014. The newly created shares were issued to shareholders after the closing bell on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Travelers suffer through another day of cancellations. It may get worse as July 4 approaches.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.