Southwest Airlines (LUV) Projected to Announce Earnings on Wednesday

Southwest Airlines (NYSE:LUVGet Free Report) is expected to be releasing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.52 per share and revenue of $8.5840 billion for the quarter. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Southwest Airlines (NYSE:LUVGet Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The airline reported $0.45 EPS for the quarter, meeting the consensus estimate of $0.45. The firm had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $8.46 billion. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. Southwest Airlines’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.13) EPS. On average, analysts expect Southwest Airlines to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Southwest Airlines Stock Up 0.5%

Shares of NYSE:LUV opened at $48.33 on Tuesday. Southwest Airlines has a 1-year low of $28.98 and a 1-year high of $55.11. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.48 and a quick ratio of 0.41. The stock has a market cap of $23.62 billion, a P/E ratio of 31.18, a P/E/G ratio of 0.45 and a beta of 1.12. The firm has a fifty day moving average price of $45.42 and a 200 day moving average price of $44.17.

Southwest Airlines Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, June 11th. Southwest Airlines’s dividend payout ratio is presently 46.45%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group increased their target price on shares of Southwest Airlines from $44.00 to $50.00 and gave the stock a “hold” rating in a research note on Wednesday, July 1st. Morgan Stanley boosted their price target on Southwest Airlines from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. TD Cowen upped their price objective on Southwest Airlines from $47.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Zacks Research raised Southwest Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Argus lowered their target price on Southwest Airlines from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.58.

Check Out Our Latest Analysis on Southwest Airlines

Institutional Trading of Southwest Airlines

Several hedge funds have recently made changes to their positions in LUV. Invesco Ltd. raised its holdings in Southwest Airlines by 9.2% during the third quarter. Invesco Ltd. now owns 6,837,197 shares of the airline’s stock worth $218,175,000 after purchasing an additional 577,326 shares in the last quarter. Morgan Stanley boosted its holdings in Southwest Airlines by 4.1% in the 4th quarter. Morgan Stanley now owns 6,228,475 shares of the airline’s stock valued at $257,423,000 after purchasing an additional 244,891 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in Southwest Airlines by 2.9% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 3,625,754 shares of the airline’s stock valued at $115,698,000 after purchasing an additional 101,236 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Southwest Airlines by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,494,789 shares of the airline’s stock worth $144,440,000 after purchasing an additional 69,543 shares during the period. Finally, Nearwater Capital Markets Ltd increased its position in Southwest Airlines by 75.0% during the 4th quarter. Nearwater Capital Markets Ltd now owns 2,800,000 shares of the airline’s stock worth $115,724,000 after purchasing an additional 1,200,000 shares during the period. Institutional investors and hedge funds own 80.82% of the company’s stock.

Southwest Airlines Company Profile

(Get Free Report)

Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.

Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.

Featured Articles

Earnings History for Southwest Airlines (NYSE:LUV)

Receive News & Ratings for Southwest Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwest Airlines and related companies with MarketBeat.com's FREE daily email newsletter.