Media headlines about Southwest Airlines (NYSE:LUV) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Southwest Airlines earned a news impact score of 0.20 on Accern’s scale. Accern also gave headlines about the airline an impact score of 46.150255592342 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Southwest Airlines Company to Issue Quarterly Dividend of $0.13 (LUV) (americanbankingnews.com)
- Southwest pilot with loaded gun arrested before boarding (marketbeat.com)
- Republic Airways Holdings (RJETQ) & Southwest Airlines (LUV) Critical Survey (americanbankingnews.com)
- BRIEF-Southwest Airlines files preliminary prospectus supplement related to potential notes offering (LUV) (markets.businessinsider.com)
- Southwest Airlines Co. — Moody’s assigns A3 rating to Southwest Airlines’ new unsecured notes (finance.yahoo.com)
Several research firms have commented on LUV. BidaskClub lowered Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Vetr lowered Southwest Airlines from a “buy” rating to a “hold” rating and set a $59.16 price objective for the company. in a research note on Wednesday, October 4th. Cowen and Company restated a “buy” rating and set a $67.00 target price on shares of Southwest Airlines in a report on Friday, July 28th. Zacks Investment Research cut Southwest Airlines from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Morgan Stanley set a $64.00 target price on Southwest Airlines and gave the stock a “buy” rating in a report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $67.00.
Southwest Airlines (NYSE LUV) opened at $54.96 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.61 and a quick ratio of 0.55. Southwest Airlines has a twelve month low of $44.70 and a twelve month high of $64.39. The company has a market capitalization of $32,620.00, a P/E ratio of 15.74, a P/E/G ratio of 1.81 and a beta of 1.31.
Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Thursday, October 26th. The airline reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. Southwest Airlines had a return on equity of 24.85% and a net margin of 10.12%. The company had revenue of $5.27 billion for the quarter, compared to analysts’ expectations of $5.29 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. The firm’s revenue was up 2.6% compared to the same quarter last year. equities analysts anticipate that Southwest Airlines will post 3.56 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Thursday, December 7th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.91%. Southwest Airlines’s dividend payout ratio (DPR) is 14.33%.
In other Southwest Airlines news, Director John T. Montford sold 935 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $53.94, for a total transaction of $50,433.90. Following the transaction, the director now directly owns 25,000 shares in the company, valued at $1,348,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by corporate insiders.
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About Southwest Airlines
Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest’s EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies.
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