NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis $1.86 +0.17 (+10.06%) (As of 05:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Spirit Airlines Stock (NYSE:SAVE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Spirit Airlines alerts:Sign Up Key Stats Today's Range$1.65▼$1.8850-Day Range$1.69▼$3.0252-Week Range$1.40▼$17.49Volume12.92 million shsAverage Volume9.29 million shsMarket Capitalization$203.67 millionP/E RatioN/ADividend YieldN/APrice Target$2.61Consensus RatingStrong Sell Company OverviewSpirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.Read More… America's Crime Problem Now Leaking to U.S. Stock Market (Ad)How bad must it be if the NYPD, the largest police department in America, needs help from the military? But according to one wealthy and reclusive market analyst, who has accurately predicted many of our country's biggest catastrophic events in recent years, this isn't just about police or crime...Click here to access his latest analysis. Spirit Airlines Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks54th Percentile Overall ScoreSAVE MarketRank™: Spirit Airlines scored higher than 54% of companies evaluated by MarketBeat, and ranked 91st out of 132 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingStrong Sell Consensus RatingSpirit Airlines has received a consensus rating of Strong Sell. The company's average rating score is 1.22, and is based on no buy ratings, 2 hold ratings, and 7 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Spirit Airlines' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($7.12) to ($4.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Airlines is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpirit Airlines has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Spirit Airlines' valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted29.23% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Spirit Airlines has recently decreased by 0.32%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted29.23% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Spirit Airlines has recently decreased by 0.32%, indicating that investor sentiment is improving. News and Social Media2.1 / 5News Sentiment-0.22 News SentimentSpirit Airlines has a news sentiment score of -0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Spirit Airlines this week, compared to 18 articles on an average week.Search Interest18 people have searched for SAVE on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat Follows3 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.72% of the stock of Spirit Airlines is held by insiders.Percentage Held by Institutions58.73% of the stock of Spirit Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Spirit Airlines' insider trading history. Receive SAVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. Email Address SAVE Stock News HeadlinesHurricane Milton Is Headed Toward Florida. Watch Disney, Delta, and These Other Stocks.October 7 at 10:27 AM | barrons.comDown 97%, Is It Time to Buy Spirit Airlines Stock?October 6 at 8:00 AM | fool.comU.S. Stock Market Now on Verge of Collapse"Wheels Are Falling Off" The U.S. Stock Market Today, analyst Dan Ferris is back issuing a new warning. He says what's coming next to the U.S. economy could be much worse than anything he's predicted before. And this time, he says, "The trouble is coming straight for Nvidia and the AI market."October 7, 2024 | Stansberry Research (Ad)Spirit Airlines Shares Plunge 30% As Airline Reportedly Explores BankruptcyOctober 6 at 3:20 AM | msn.comMidday stock movers: Spirit Airlines drops; Rivian down; CVS upOctober 5 at 12:15 PM | msn.comHeard on the Street: Spirit Airlines’ Woes Help Frontier, JetBlue StockOctober 4 at 11:27 PM | wsj.comWall Street Breakfast Podcast: Spirit Airlines Exploring Bankruptcy Option - ReportOctober 4 at 9:11 PM | seekingalpha.comSpirit Airlines: Bankruptcy Risk Is Real, But Fears Remain OverstatedOctober 4 at 5:22 PM | seekingalpha.comSee More Headlines SAVE Stock Analysis - Frequently Asked Questions How have SAVE shares performed this year? Spirit Airlines' stock was trading at $16.39 at the beginning of the year. Since then, SAVE stock has decreased by 88.7% and is now trading at $1.86. View the best growth stocks for 2024 here. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) posted its quarterly earnings results on Thursday, August, 1st. The company reported ($1.44) EPS for the quarter, missing the consensus estimate of ($1.30) by $0.14. The business's revenue for the quarter was down 10.6% compared to the same quarter last year. How do I buy shares of Spirit Airlines? Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings8/01/2024Today10/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryTransportation Current SymbolNYSE:SAVE CUSIPN/A CIK1498710 Webwww.spirit.com Phone(954) 447-7920Fax954-447-7979Employees13,167Year FoundedN/APrice Target and Rating Average Stock Price Target$2.61 High Stock Price Target$3.50 Low Stock Price Target$2.00 Potential Upside/Downside+40.2%Consensus RatingStrong Sell Rating Score (0-4)1.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($4.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-13.20% Pretax Margin-15.19% Return on Equity-57.87% Return on Assets-6.51% Debt Debt-to-Equity Ratio3.86 Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$5.13 billion Price / Sales0.04 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.18Miscellaneous Outstanding Shares109,501,000Free Float108,713,000Market Cap$203.67 million OptionableOptionable Beta1.38 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. 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