For the fourth quarter of 2016, Southwest Airlines Co reported operating income of $846 million. JetBlue shares dropped 2.5 percent. Analyst's mean target price for the firm is $9.25 while analysts mean recommendation is 2.00.
Southwest executives will brief investors and members of the media on the company's performance Thursday afternoon. However the company observed 52 week high price on 01/11/17 and witnessed 52 week low price on 02/08/16. (NYSE:LUV) where 6 analyst have rated the stock as Strong Buy, 7 analysts said it's a Buy, 4 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. While some analysts have a High Price target for the stock of $70 and a Low Price Target of $47. Markston International LLC bought a new stake in shares of Southwest Airlines during the second quarter worth approximately $196,000.
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According to the analysts, Southwest Airlines Co.
Southwest Airlines Co (NYSE:LUV) stock was flying high on Thursday following the release of its earnings report for the fourth quarter of 2016.
Southwest Airlines Company (NYSE:LUV), According to the latest information the short interest in Southwest Airlines plummeted by 4.9% or 469,817 shares. This represents a $0.40 annualized dividend and a dividend yield of 0.81%. Finally, Krilogy Financial LLC boosted its position in shares of Southwest Airlines Company by 45.2% in the second quarter. Southwest Airlines Company had a net margin of 11.09% and a return on equity of 32.51%. The ex-dividend date of this dividend was Tuesday, December 6th. Southwest Airlines Company's dividend payout ratio is now 11.40%. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright and trademark law. Institutional investors own 76.73% of the company's stock.
Market capitalization is the total market value of all of a company's outstanding shares. The number of shares now owned by investors are 618 mln. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The disclosure for this sale can be found here. Additionally Imperial Capital issued their verdict on the stock of the company, on record date of Jan-12-17 the stock was "Reiterated" as Outperform from $57 to $59 besides that on Jan-05-17 Southwest Airlines Co (NYSE:LUV) was "Upgraded" by Morgan Stanley from Equal-Weight to Overweight. Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets.