Brokers Set Expectations for Alaska Air Group, Inc.’s FY2026 Earnings (NYSE:ALK)

Alaska Air Group, Inc. (NYSE:ALK) – Research analysts at Seaport Res Ptn issued their FY2026 EPS estimates for Alaska Air Group in a report issued on Friday, April 19th. Seaport Res Ptn analyst D. Mckenzie anticipates that the transportation company will earn $7.00 per share for the year. The consensus estimate for Alaska Air Group’s current full-year earnings is $4.41 per share.

Alaska Air Group (NYSE:ALK) last posted its earnings results on Thursday, April 18th. The transportation company reported ($0.92) EPS for the quarter, topping analysts’ consensus estimates of ($1.09) by $0.17. The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Alaska Air Group had a net margin of 2.34% and a return on equity of 13.54%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.62) earnings per share.

A number of other research analysts have also issued reports on the stock. Susquehanna raised their price objective on shares of Alaska Air Group from $40.00 to $42.00 and gave the company a “neutral” rating in a report on Friday. StockNews.com upgraded shares of Alaska Air Group from a “sell” rating to a “hold” rating in a report on Friday. UBS Group assumed coverage on shares of Alaska Air Group in a report on Wednesday, March 20th. They issued a “buy” rating and a $54.00 price objective for the company. Melius lowered shares of Alaska Air Group from a “buy” rating to a “hold” rating in a report on Monday, January 8th. Finally, TD Cowen raised their price objective on shares of Alaska Air Group from $49.00 to $58.00 and gave the company a “buy” rating in a report on Friday. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Alaska Air Group has an average rating of “Moderate Buy” and an average target price of $57.85.

Alaska Air Group Stock Up 1.2 %

ALK stock opened at $45.53 on Monday. The stock has a market capitalization of $5.73 billion, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 0.90 and a beta of 1.63. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.85. Alaska Air Group has a 12 month low of $30.75 and a 12 month high of $57.18. The firm has a 50-day moving average price of $39.84 and a 200-day moving average price of $37.31.

Institutional Investors Weigh In On Alaska Air Group

A number of hedge funds have recently made changes to their positions in the business. Massmutual Trust Co. FSB ADV raised its stake in shares of Alaska Air Group by 215.8% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the transportation company’s stock worth $30,000 after purchasing an additional 520 shares during the period. Creative Financial Designs Inc. ADV raised its stake in Alaska Air Group by 255.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 775 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 557 shares during the period. Itau Unibanco Holding S.A. raised its stake in Alaska Air Group by 456.1% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 912 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 748 shares during the period. Principal Securities Inc. bought a new stake in Alaska Air Group in the 4th quarter valued at about $39,000. Finally, Allworth Financial LP raised its stake in Alaska Air Group by 63.4% in the 3rd quarter. Allworth Financial LP now owns 1,297 shares of the transportation company’s stock valued at $48,000 after acquiring an additional 503 shares during the period. 81.90% of the stock is currently owned by institutional investors.

Insider Activity at Alaska Air Group

In related news, EVP Andrew R. Harrison sold 6,500 shares of Alaska Air Group stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $38.36, for a total value of $249,340.00. Following the completion of the sale, the executive vice president now owns 26,048 shares of the company’s stock, valued at approximately $999,201.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.92% of the stock is currently owned by insiders.

About Alaska Air Group

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.