Alaska Air/ALK

$41.30

-3.21%
-
1D1W1MYTD1YMAX

About Alaska Air

Alaska Air Group, Inc. is engaged in operating airlines. The Company operates two airlines, Alaska, and Horizon. It also includes McGee Air Services, an aviation services provider. It operates through three segments: Mainline, Regional and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing 737 (B737) aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, Belize, the Bahamas, and Guatemala. The Regional segment includes Horizon's and other third-party carriers scheduled air transportation on Embraer E175 (E175) aircraft for passengers across a shorter distance network within the United States, Canada, and Mexico under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. With its regional partners, it flies to more than 120 destinations throughout North America. It provides its guests with global access to more than 900 destinations in 170 territories.

Ticker

ALK

Sector

Industrials

Trading on

NYSE

Industry

Airline

CEO

Benito Minicucci

Employees

23,178

Headquarters

Seattle, United States

Alaska Air Metrics

BasicAdvanced
$5.28B
Market cap
23.21
P/E ratio
$1.81
EPS
1.63
Beta
-
Dividend rate
$5.28B
1.62853
$57.18
$30.75
2.31M
0.607
0.581
53.051
61.634
59.79%
1.63%
5.93%
2.37%
23.206
0.506
1.286
2.538
8.09%
313.78%
42.99%

What the Analysts think about Alaska Air

Analyst Ratings

Majority rating from 13 analysts.
Buy

Price Targets

Average projection from 9 analysts.
30.75% upside
High $70.00
Low $40.00
$41.30
Current price
$54.00
Average price target

Alaska Air Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-0.07% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.55B
-10.07%
Net income
$-2M
-101.44%
Profit margin
-0.07%
-101.43%

Alaska Air Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 65.6%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.62
$3.00
$1.83
$0.30
-
Expected
-$0.48
$2.70
$1.87
$0.18
-$0.95
Surprise
29.51%
11.23%
-1.88%
65.6%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Alaska Air stock?

Alaska Air (ALK) has a market cap of $5.28B as of April 13, 2024.

What is the P/E ratio for Alaska Air stock?

The price to earnings (P/E) ratio for Alaska Air (ALK) stock is 23.21 as of April 13, 2024.

Does Alaska Air stock pay dividends?

No, Alaska Air (ALK) stock does not pay dividends to its shareholders as of April 13, 2024.

When is the next Alaska Air dividend payment date?

Alaska Air (ALK) stock does not pay dividends to its shareholders.

What is the beta indicator for Alaska Air?

Alaska Air (ALK) has a beta rating of 1.63. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Alaska Air stock price target?

The target price for Alaska Air (ALK) stock is $54, which is 30.75% above the current price of $41.3. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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