Southwest Airlines Company Comm (NYSE:LUV):
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In the market the company is trading down by -0.15% since yesterday’s close of $39.24.
Southwest Airlines Company Comm also recently declared a dividend for shareholders that was paid on Thu Sep 8, 2016. The dividend payment was $0.100 per share for the quarter which comes to $0.40 on an annualized basis. The dividend yield was $1.04. The ex-dividend date was Tuesday the 16th of August 2016.
Shares last traded at $39.18 a tad higher than $39.09, the 50 day moving average and slightly below the 200 day moving average of $40.23. The 50 day moving average was up $0.09 whereas the 200 day average was down by -2.61%.
The company currently has a P/E ratio of 11.15 and market cap is 24.21B. In the last earnings report the EPS was $3.51 and is expected to be $3.75 for the current year with 618,000,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.68 with next year’s EPS anticipated to be $3.81.
A few brokerages have released opinions on the company recently. On October 27 the company was set at “Overweight” according to a JP Morgan report a boost from the previous “Neutral” rating. On October 11, 2016 Bernstein issued its first research report on the stock with a rating of “Outperform”.
Imperial Capital added the stock to its research portfolio by announcing an initial rating of “Outperform” and price target of $46.00. On July 27, 2016 the stock rating was rated “Neutral” by JP Morgan which is down from the previous “Overweight” rating.
On July 26 the company was upgraded to “Outperform” from “” with a current price target of $48.00 in a statement from Evercore ISI Group. On July 25 Credit Suisse held the company rating at “Outperform” and moved down the price target from $53.00 to $48.00.