Southwest Airlines (LUV) Expected to Announce Earnings on Wednesday

Southwest Airlines (NYSE:LUV - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect Southwest Airlines to post earnings of ($0.18) per share and revenue of $6.47 billion for the quarter.

Southwest Airlines (NYSE:LUV - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The airline reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.05. Southwest Airlines had a return on equity of 5.77% and a net margin of 1.69%. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.47 billion. On average, analysts expect Southwest Airlines to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Southwest Airlines Stock Performance

Shares of LUV stock traded up $0.03 on Friday, hitting $26.49. The company's stock had a trading volume of 10,534,958 shares, compared to its average volume of 10,030,504. The stock's 50 day moving average is $29.50 and its 200-day moving average is $31.13. Southwest Airlines has a fifty-two week low of $23.58 and a fifty-two week high of $36.12. The company has a market capitalization of $15.20 billion, a PE ratio of 36.79, a PEG ratio of 0.97 and a beta of 0.94. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.85 and a current ratio of 0.92.

Southwest Airlines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.72%. The ex-dividend date was Wednesday, March 12th. Southwest Airlines's dividend payout ratio (DPR) is currently 84.71%.

Wall Street Analysts Forecast Growth

LUV has been the subject of a number of recent analyst reports. Raymond James upped their target price on Southwest Airlines from $40.00 to $42.00 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd. Melius raised shares of Southwest Airlines from a "sell" rating to a "hold" rating in a report on Thursday, March 20th. Jefferies Financial Group downgraded shares of Southwest Airlines from a "hold" rating to an "underperform" rating and set a $28.00 price target for the company. in a report on Tuesday, April 1st. Argus raised shares of Southwest Airlines from a "hold" rating to a "buy" rating and set a $35.00 price objective on the stock in a research note on Tuesday, February 11th. Finally, JPMorgan Chase & Co. upped their target price on Southwest Airlines from $25.00 to $30.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $30.54.

Insider Activity

In related news, Director C. David Cush bought 5,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average cost of $30.03 per share, with a total value of $150,150.00. Following the transaction, the director now directly owns 19,011 shares in the company, valued at approximately $570,900.33. This trade represents a 35.69 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.79% of the company's stock.

About Southwest Airlines

Southwest Airlines Co operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.