Southwest Airlines Company(LUV) is having a Dividend Yield of 0.7% with the Annual cash Dividend per share of $0.38. The last quarter cash dividend per share pay out was $0.1. Southwest Airlines Company has a 5 year average dividend yield of 0.67% and the stock has a Indicated annual dividend of $0.4. Southwest Airlines Company(LUV) formally announced its most recent dividend on February 2, 2017 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.4. The dividend yield based on the forward looking indicated annual dividend is 0.7%. Southwest Airlines Company(LUV) has the most recent dividend payout ratio of 0.11 with a 5-year average payout ratio of 0.11. The 5 year historical dividend growth of Southwest Airlines Company(LUV) is at the rate of 79.36% while the R-Squared dividend growth is 0.83. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Southwest Airlines Company (NYSE:LUV) witnessed a decline in the market cap on Thursday as its shares dropped 1.66% or 0.95 points. After the session commenced at $57.4, the stock reached the higher end at $57.4 while it hit a low of $56.06. With the volume soaring to 5,617,944 shares, the last trade was called at $56.34. The company has a 52-week high of $58.06. The company has a market cap of $34,663 million and there are 615,254,520 shares in outstanding. The 52-week low of the share price is $35.42. Shares of Southwest Airlines Co. rose by 3.34% in the last five trading days and 11.83% for the last 4 weeks. Southwest Airlines Co. is up 22.08% in the last 3-month period. Year-to-Date the stock performance stands at 13.04%.
Currently the company Insiders own 0.18% of Southwest Airlines Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.16% . Institutional Investors own 76.7% of Southwest Airlines Company shares. During last six month period, the net percent change held by insiders has seen a change of -10.16%. Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Tammy Romo (EVP & CFO) sold 9,655 shares at 51.79 per share price.On Dec 19, 2016, John T Montford (director) sold 510 shares at 50.93 per share price.On Dec 5, 2016, Jeff Lamb (EVP, Corporate Services) sold 14,534 shares at 48.10 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Imperial Capital on Jan 30, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Company shares were Reiterated by Cowen on Jan 27, 2017 to Outperform, Raises Price Target to $ 57 from a previous price target of $55 .Company shares were Reiterated by Imperial Capital on Jan 27, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Southwest Airlines Co was Downgraded by JP Morgan to Neutral on Jan 25, 2017. Company shares were Reiterated by Imperial Capital on Jan 12, 2017 to Outperform, Raises Price Target to $ 59 from a previous price target of $57 .
Southwest Airlines Co Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.69. The company had revenue of $5076.00 million for the quarter, compared to analysts expectations of $5030.23 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.
Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records.