Media coverage about Southwest Airlines (NYSE:LUV) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Southwest Airlines earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the airline an impact score of 43.4792885635554 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
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Southwest Traffic Bounces Back Ahead Of Q2 Financial Results (seekingalpha.com) Zacks: Analysts Expect Southwest Airlines Co (LUV) Will Post Earnings of $1.25 Per Share (americanbankingnews.com) Southwest passengers who survived a fatal flight are suing the airline claiming they suffered ‘overwhelming horror’ (LUV) (finance.yahoo.com) Southwest Bumps Into New Trouble Due to Flight 1380 Incident (zacks.com) Passengers sue Southwest over fatal engine explosion (seekingalpha.com)
LUV has been the subject of several analyst reports. Vetr downgraded shares of Southwest Airlines from a “strong-buy” rating to a “buy” rating and set a $63.03 target price for the company. in a research note on Tuesday, February 27th. Stephens set a $74.00 target price on shares of Southwest Airlines and gave the company a “buy” rating in a research note on Tuesday, April 17th. Citigroup cut their target price on shares of Southwest Airlines from $74.00 to $67.00 and set a “buy” rating for the company in a research note on Monday, April 30th. Buckingham Research raised shares of Southwest Airlines from a “neutral” rating to a “buy” rating and set a $106.00 target price for the company in a research note on Thursday, March 22nd. They noted that the move was a valuation call. Finally, UBS Group cut their target price on shares of Southwest Airlines from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, March 22nd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $67.04.
NYSE LUV opened at $51.91 on Monday. Southwest Airlines has a 12 month low of $49.76 and a 12 month high of $66.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.67 and a quick ratio of 0.61. The stock has a market cap of $30.82 billion, a PE ratio of 14.83, a P/E/G ratio of 0.98 and a beta of 1.14.
Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data on Thursday, April 26th. The airline reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.01. Southwest Airlines had a net margin of 16.95% and a return on equity of 23.25%. The company had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $5 billion. During the same quarter in the prior year, the company posted $0.61 EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. analysts expect that Southwest Airlines will post 4.31 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 27th. Stockholders of record on Wednesday, June 6th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, June 5th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.23%. This is an increase from Southwest Airlines’s previous quarterly dividend of $0.13. Southwest Airlines’s dividend payout ratio is currently 18.29%.
Southwest Airlines Company Profile
Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, Turks, and Chaos.