TD Cowen Cuts Southwest Airlines (NYSE:LUV) Price Target to $47.00

by · The Markets Daily

Southwest Airlines (NYSE:LUV – Free Report) had its price objective decreased by TD Cowen from $48.00 to $47.00 in a research note published on Friday morning,Benzinga reports. TD Cowen currently has a buy rating on the airline’s stock.

A number of other brokerages have also recently commented on LUV. Citigroup dropped their price target on Southwest Airlines from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Zacks Research raised Southwest Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. lowered their price objective on Southwest Airlines from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Raymond James Financial lowered their price objective on Southwest Airlines from $60.00 to $54.00 and set an “outperform” rating for the company in a research note on Monday, August 24th. Finally, Wall Street Zen downgraded Southwest Airlines from a “buy” rating to a “hold” rating in a report on Saturday, September 5th. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $47.95.

Get Our Latest Analysis on Southwest Airlines

Southwest Airlines Stock Up 0.1%

NYSE:LUV opened at $42.52 on Friday. The firm’s 50-day moving average price is $42.12 and its 200-day moving average price is $42.72. The company has a market capitalization of $20.80 billion, a PE ratio of 26.08, a P/E/G ratio of 0.40 and a beta of 1.16. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.49 and a quick ratio of 0.42. Southwest Airlines has a 1-year low of $29.26 and a 1-year high of $55.11.

Southwest Airlines (NYSE:LUV – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The airline reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.42. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The company had revenue of $8.72 billion during the quarter, compared to analyst estimates of $8.58 billion. During the same period last year, the business earned $0.43 EPS. Southwest Airlines’s quarterly revenue was up 16.4% compared to the same quarter last year. Southwest Airlines has set its FY 2026 guidance at 3.250-4.250 EPS and its Q3 2026 guidance at 0.500-0.750 EPS. On average, equities analysts predict that Southwest Airlines will post 3.27 EPS for the current fiscal year.

Southwest Airlines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.18 per share. The ex-dividend date was Thursday, September 3rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.7%. Southwest Airlines’s dividend payout ratio is presently 44.17%.

Institutional Investors Weigh In On Southwest Airlines

Institutional investors and hedge funds have recently made changes to their positions in the company. SHP Wealth Management bought a new position in Southwest Airlines in the 4th quarter valued at approximately $25,000. Scarborough Advisors LLC purchased a new stake in Southwest Airlines during the 1st quarter valued at $28,000. Fiduciary Financial Advisors bought a new stake in shares of Southwest Airlines in the 2nd quarter worth $32,000. Archer Investment Corp bought a new stake in shares of Southwest Airlines in the 2nd quarter worth $32,000. Finally, MCF Advisors LLC raised its stake in shares of Southwest Airlines by 28.5% in the fourth quarter. MCF Advisors LLC now owns 915 shares of the airline’s stock worth $38,000 after purchasing an additional 203 shares during the last quarter. Institutional investors own 80.82% of the company’s stock.

About Southwest Airlines

(Get Free Report)

Southwest Airlines Co is a U.S. commercial airline headquartered in Dallas, Texas, and listed on the New York Stock Exchange under the symbol LUV. The company was founded in 1967 and began operating scheduled passenger service in 1971, initially serving cities in Texas before expanding across the United States.

Southwest primarily provides scheduled air transportation for passengers and also offers air cargo services. Its operations are centered on a large Boeing 737 fleet, supporting frequent service between major cities and regional airports.

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