Southwest Airlines Company Comm (NYSE:LUV):
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In the market the company is trading down from yesterday’s close of $39.24.
Additionally Southwest Airlines Company Comm declared a dividend for shareholders paid on Thursday the 8th of September 2016. The dividend was $0.100 per share for the quarter or $0.40 annualized. This dividend represents a yeild of $1.04 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Tuesday the 16th of August 2016.
Shares last traded at $39.18 which is marginally over $39.09, the stock’s 50 day moving average and which is just under the 200 day moving average of $40.23. The 50 day moving average went up by +0.24% whereas the 200 day average was down by -2.61%.
Southwest Airlines Company Comm currently has a P/E ratio of 11.15 and market cap is 24.21B. As of the latest earnings report the EPS was $3.51 and is projected to be $3.75 for the current year with 618,000,000 shares currently outstanding. Next quarter’s EPS is expected be $0.68 and the next full year EPS is anticipated to be $3.81.
A few brokerages have weighed in on Southwest Airlines Company Comm. On October 27 the company was rated “Overweight” according to a JP Morgan report up from the previous “Neutral” rating. Bernstein began coverage of LUV giving it an initial rating of “Outperform”.
On September 9, 2016 Imperial Capital started covering LUV with a rating of “Outperform” and price target of $46.00. On July 27 the company was downgraded from “Overweight” to “Neutral” in a report from JP Morgan.
On July 26 the stock rating was upgraded to “Outperform” from “” and a price target of $48.00 was set by analysts at Evercore ISI Group. On July 25 Credit Suisse held the stock rating at “Outperform” but lowered the price expectation from $53.00 to $48.00.