Southwest Airlines Co
LUV:NYSE
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 11.60 | 0.00 0.00% | 0.34% | 100 | 5.3M |
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Latest News Headlines for Southwest Airlines Co
Southwest Airlines Introduces Movies On Demand
Southwest Airlines announced that movies on demand are now available on all WiFi-equipped Southwest aircraft for only $5 per movie, per device.
According to a release, the airline also announced an upgrade to their television package. In 2012, Southwest streams live television directly to Customers' personal devices. Now, in addition to eight channels of live news and sports, Customers can also select on-demand episodes of television shows. The upgraded TV package is $5 a day, per device on WiFi-enabled planes.
Southwest Airlines (LUV) Could Break Through $11.79 Resistance Level
Southwest Airlines Co. (NYSE: LUV) closed Tuesday's trading session at $11.70. In the past year, the stock has hit a 52-week low of $7.76 and 52-week high of $11.76. Southwest Airlines (LUV) stock has been showing support around $11.51 and resistance in the $11.79 range. Technical indicators for the stock are Bullish and S&P; gives Southwest Airlines (LUV) a positive 4 STARS (out of 5) buy rating. For a hedged play on Southwest Airlines (LUV), look at the Jan '14 $12.00 covered call for a net debit in the $10.85 area. That is also the break-even stock price for this trade. This covered call has a duration of 332 days, provides 7.26% downside protection and an assigned return rate of 10.60% for an annualized return rate of 11.65% (for comparison purposes only). A lower-cost hedged play for Southwest Airlines (LUV) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Southwest Airlines (LUV) Jan '14 $10.00 call and selling the Jan '14 $12.00 call for a total debit of $1.30. The trade has a lifespan of 332 days and would provide 3.42% downside protection and an assigned return rate of 53.85% for an annualized return rate of 59% (for comparison purposes only). Southwest Airlines (LUV) has a current annual dividend yield of 0.34%.
Airlines Reaching for New Heights- Research Report on Delta Air Lines Inc., JetBlue Airways Corporation, Southwest Airlines Co., and United Continental Holdings, Inc.
View more recent headlinesToday, National Traders Association announced new research reports highlighting Delta Air Lines Inc. (NYSE:DAL), JetBlue Airways Corporation (NASDAQ: JBLU), Southwest Airlines Co. (NYSE: LUV) and United Continental Holdings, Inc. (NYSE: UAL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Company Background
Southwest Airlines Co. operates Southwest Airlines, a passenger airline, which provides scheduled air transportation in the United States. As of December 31, 2011, the Company was serving 72 cities in 37 states throughout the United States. During the year ended December 31, 2011, the Company added addition services in two new states and three new cities: Charleston, South Carolina; Greenville-Spartanburg, South Carolina; and Newark, New Jersey. Southwest provides point-to-point. On May 2, 2011, the Company acquired AirTran Holdings, Inc. (AirTran).
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 0.00 | Previous Close 11.60 |
Day High 0.00 | Day Low 0.00 |
52wk High/Date 11.76 / 2/11/2013 | 52wk Low/Date 7.76 / 4/23/2012 |
% off 52wk High -1.36% | % off 52wk Low 49.48% |
Beta (5 Yr) 1.1 | Market Capitalization 8.4B |
Shares Outstanding 728.1M | Volatility Avg 24.01 |
EPS(TTM) 0.55 | P/E Ratio 21.2x |
Dividend Announcement 1/31/2013 | Dividend Yield 0.34% |
Ex-Date 3/5/2013 | Date of Record 3/7/2013 |
Payable 0.01 - QRTR | Payable Date 3/28/2013 |
Last Trade as of 2/22/2013 4:02 PM ET | |
LUV Southwest Airlines Co vs. Peers
| Peers | |
|---|---|
LUV Southwest Airlines Co | 13.28% |
Republic Airways Holdings Inc. | 70.07% |
United Continental Holdings Inc | 12.75% |
US Airways Group, Inc. | 0.52% |
Delta Air Lines, Inc. | 15.84% |
LUV Southwest Airlines Co | 0.34% |
Republic Airways Holdings Inc. | -- |
United Continental Holdings Inc | -- |
US Airways Group, Inc. | -- |
Delta Air Lines, Inc. | -- |
LUV Southwest Airlines Co | 0.00% |
Republic Airways Holdings Inc. | 0.00% |
United Continental Holdings Inc | 0.00% |
US Airways Group, Inc. | 0.00% |
Delta Air Lines, Inc. | 0.00% |