Media headlines about Southwest Airlines (NYSE:LUV) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Southwest Airlines earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media stories about the airline an impact score of 43.5590791203482 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Southwest faces outrage after a father and toddler were kicked off a flight when the child threw a tantrum (LUV) (finance.yahoo.com)
- Southwest Airlines Moves Closer To Offering Flights To Hawaii (finance.yahoo.com)
- Comparing Southwest Airlines (LUV) and The Competition (americanbankingnews.com)
- Stock for High Risk Taking Investors: Southwest Airlines Co. (LUV) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Technical Indicators in Focus – Southwest Airlines Co (NYSE: LUV) – Alpha Beta Stock (alphabetastock.com)
LUV stock traded up $0.96 during trading hours on Friday, reaching $60.90. 5,356,883 shares of the company were exchanged, compared to its average volume of 4,112,739. Southwest Airlines has a 52 week low of $49.76 and a 52 week high of $66.99. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.45. The company has a market cap of $35,806.21, a price-to-earnings ratio of 10.46, a P/E/G ratio of 1.53 and a beta of 1.20.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Wednesday, March 7th will be issued a $0.125 dividend. The ex-dividend date is Tuesday, March 6th. This represents a $0.50 annualized dividend and a yield of 0.82%. Southwest Airlines’s dividend payout ratio (DPR) is presently 8.59%.
Several research firms have recently issued reports on LUV. Zacks Investment Research lowered shares of Southwest Airlines from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. Vetr cut shares of Southwest Airlines from a “strong-buy” rating to a “buy” rating and set a $63.03 price objective for the company. in a research note on Tuesday, February 27th. JPMorgan Chase & Co. cut shares of Southwest Airlines from an “overweight” rating to a “neutral” rating and set a $70.00 price objective for the company. in a research note on Tuesday, January 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Southwest Airlines in a research note on Wednesday, January 10th. Finally, Cowen reaffirmed a “buy” rating and set a $67.00 price objective on shares of Southwest Airlines in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $67.83.
In related news, Director William H. Dr Cunningham purchased 3,500 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were purchased at an average price of $56.25 per share, with a total value of $196,875.00. Following the acquisition, the director now directly owns 70,469 shares in the company, valued at approximately $3,963,881.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Tammy Romo sold 20,272 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $57.95, for a total transaction of $1,174,762.40. Following the sale, the chief financial officer now directly owns 114,962 shares in the company, valued at approximately $6,662,047.90. The disclosure for this sale can be found here. Insiders sold a total of 108,473 shares of company stock valued at $6,296,091 over the last 90 days. Company insiders own 0.21% of the company’s stock.
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Southwest Airlines Company Profile
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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