Southwest Airlines Stock Today

LUV Stock  USD 28.01  0.34  1.20%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Southwest Airlines is selling for under 28.01 as of the 18th of March 2024; that is -1.2 percent decrease since the beginning of the trading day. The stock's lowest day price was 27.89. Southwest Airlines has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Southwest Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
2nd of January 1980
Category
Industrials
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. The company was incorporated in 1967 and is headquartered in Dallas, Texas. Southwest Airlines operates under Airlines classification in the United States and is traded on New York Stock Exchange. The company has 596.67 M outstanding shares of which 17.56 M shares are now shorted by investors with about 2.56 days to cover. More on Southwest Airlines

Moving together with Southwest Stock

  0.75AAL American Airlines Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Southwest Stock

  0.65AZUL Azul SA Financial Report 20th of May 2024 PairCorr
  0.63VLRS Volaris Financial Report 22nd of April 2024 PairCorr
  0.58ATSG Air Transport Services Financial Report 2nd of May 2024 PairCorr
  0.54SAVE Spirit Airlines Financial Report 24th of April 2024 PairCorr
  0.47HTLD Heartland Express Financial Report 25th of April 2024 PairCorr

Southwest Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Southwest Airlines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Southwest Airlines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Southwest Airlines' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southwest Airlines' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanGary Kelly
Thematic Ideas
(View all Themes)
Business ConcentrationPassenger Airlines, Transportation, Industrials, NYSE Composite, SP 500 Index, ARCA Airline, Dow Jones Transportation, Dow Jones Composite, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Airlines, Impulse, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Southwest Airlines report their recommendations after researching Southwest Airlines' financial statements, talking to executives and customers, or listening in on Southwest Airlines' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Southwest Airlines. The Southwest consensus assessment is calculated by taking the average forecast from all of the analysts covering Southwest Airlines.
Financial Strength
Based on the key indicators related to Southwest Airlines' liquidity, profitability, solvency, and operating efficiency, Southwest Airlines is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Southwest Airlines is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.830.7151
Fairly Up
Slightly volatile
Total Current Liabilities12.9 B12.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total14.4 B13.7 B
Sufficiently Up
Slightly volatile
Total Assets38.3 B36.5 B
Sufficiently Up
Slightly volatile
Total Current Assets14.7 B14 B
Sufficiently Up
Slightly volatile
Southwest Airlines' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Southwest Airlines' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Southwest Airlines' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Southwest Airlines' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Southwest Airlines' financial leverage. It provides some insight into what part of Southwest Airlines' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Southwest Airlines' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Southwest Airlines deploys its capital and how much of that capital is borrowed.
Liquidity
Southwest Airlines cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 9.2 B in debt with debt to equity (D/E) ratio of 0.93, which is OK given its current industry classification. Southwest Airlines has a current ratio of 1.55, which is typical for the industry and considered as normal. Debt can assist Southwest Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Southwest Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Southwest Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Southwest to invest in growth at high rates of return. When we think about Southwest Airlines' use of debt, we should always consider it together with cash and equity.

Dividends Paid

(406.6 Million)
Southwest Airlines (LUV) is traded on New York Stock Exchange in USA. It is located in P.O. Box 36611, Dallas, TX, United States, 75235-1611 and employs 74,806 people. Southwest Airlines is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 16.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Southwest Airlines's market, we take the total number of its shares issued and multiply it by Southwest Airlines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Southwest Airlines runs under Passenger Airlines sector within Industrials industry. The entity has 596.67 M outstanding shares of which 17.56 M shares are now shorted by investors with about 2.56 days to cover. Southwest Airlines has about 9.49 B in cash with 3.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.03.
Check Southwest Airlines Probability Of Bankruptcy
Ownership Allocation
Southwest Airlines maintains a total of 596.67 Million outstanding shares. The majority of Southwest Airlines outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Southwest Airlines to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Southwest Airlines. Please pay attention to any change in the institutional holdings of Southwest Airlines as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Southwest Ownership Details

Southwest Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Southwest Airlines jumping above the current price in 90 days from now is about 88.41%. The Southwest Airlines probability density function shows the probability of Southwest Airlines stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Southwest Airlines has a beta of 0.5319. This indicates as returns on the market go up, Southwest Airlines average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Southwest Airlines will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Southwest Airlines is significantly underperforming NYSE Composite.
  Odds Below 28.01HorizonTargetOdds Above 28.01
11.51%90 days
 28.01 
88.41%
Based on a normal probability distribution, the odds of Southwest Airlines to move above the current price in 90 days from now is about 88.41 (This Southwest Airlines probability density function shows the probability of Southwest Stock to fall within a particular range of prices over 90 days) .

Southwest Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Southwest Airlines that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Southwest Airlines' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Southwest Airlines' value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
8.2 M
Wellington Management Company Llp2023-12-31
7.9 M
Provident Trust Company2023-12-31
7.6 M
Morgan Stanley - Brokerage Accounts2023-12-31
7.2 M
Us Global Investors Inc2023-12-31
6.2 M
Fmr Inc2023-12-31
5.8 M
Dimensional Fund Advisors, Inc.2023-12-31
5.3 M
Amvescap Plc.2023-12-31
5.3 M
Northern Trust Corp2023-12-31
4.8 M
Vanguard Group Inc2023-12-31
65.4 M
Capital World Investors2023-12-31
53.5 M
View Southwest Airlines Diagnostics

Southwest Airlines Historical Income Statement

Southwest Airlines Income Statement is one of the three primary financial statements used for reporting Southwest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Southwest Airlines revenue and expense. Southwest Airlines Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Southwest Airlines' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 254.6 M in 2024, whereas Operating Income is likely to drop slightly above 212.8 M in 2024. View More Fundamentals

Southwest Stock Against Markets

Picking the right benchmark for Southwest Airlines stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Southwest Airlines stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Southwest Airlines is critical whether you are bullish or bearish towards Southwest Airlines at a given time. Please also check how Southwest Airlines' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Southwest Airlines without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Southwest Airlines Corporate Directors

Southwest Airlines corporate directors refer to members of a Southwest Airlines board of directors. The board of directors generally takes responsibility for the Southwest Airlines' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Southwest Airlines' board members must vote for the resolution. The Southwest Airlines board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas GilliganIndependent DirectorProfile
Nancy LoefflerIndependent DirectorProfile
Douglas BrooksIndependent DirectorProfile
John MontfordIndependent DirectorProfile

How to buy Southwest Stock?

Before investing in Southwest Airlines, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Southwest Airlines. To buy Southwest Airlines stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Southwest Airlines. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Southwest Airlines stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Southwest Airlines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Southwest Airlines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Southwest Airlines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Already Invested in Southwest Airlines?

The danger of trading Southwest Airlines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Southwest Airlines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Southwest Airlines. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Southwest Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Southwest Airlines is a strong investment it is important to analyze Southwest Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southwest Airlines' future performance. For an informed investment choice regarding Southwest Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Southwest Stock analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is Southwest Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southwest Airlines. If investors know Southwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southwest Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.72
Earnings Share
0.76
Revenue Per Share
43.85
Quarterly Revenue Growth
0.105
The market value of Southwest Airlines is measured differently than its book value, which is the value of Southwest that is recorded on the company's balance sheet. Investors also form their own opinion of Southwest Airlines' value that differs from its market value or its book value, called intrinsic value, which is Southwest Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southwest Airlines' market value can be influenced by many factors that don't directly affect Southwest Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southwest Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southwest Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southwest Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.