The airline operates primarily in the United States, the Caribbean and Mexico, as well as the Bahamas and Bermuda. According to Skytrax, JetBlue has the highest ratings among US airlines and is the only four-star airline in the country. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
JetBlue Airways updated its FY 2023 earnings guidance on Friday, March, 17th. The company provided earnings per share guidance of $0.70-$1.00 for the period, compared to the consensus estimate of $0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.42 average news sentiment score of Transportation companies. The company’s average rating score is 1.82, and is based on no buy ratings, 9 hold ratings, and 2 sell ratings.
It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
- It uses the current share price and divides it by the total earnings per share for the last 12 months.
- JBLU has gotten way ahead of itself and is now finding resistance.
- JetBlue Airways Corporation has a strategic partnership with American Airlin…
- If you’re concerned about which stocks to sell, these analyst downgrades might give you a clue as to what to expect next.
- All values as of most recently reported quarter unless otherwise noted.
See Jiko U.S. Treasuries Risk Disclosures for further details. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. Represents the company’s profit divided by the outstanding shares of its common stock. JetBlue plans to appeal directly to Spirit’s shareholders after the airline rejected JetBlue’s $3.6 billion acquisition offer, a move it hopes will force Spirit’s management to reconsider. Airports, airlines begin announcing travel disruptions ahead of Hurricane Ian’s arrival in Florida.
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site. American Airlines’ decision comes as airlines are allowed to reduce services at busy airports for four months. In terms of twelve month growth in earnings before interest and taxes, JETBLUE AIRWAYS CORP is reporting a growth rate of 281.69%; that’s higher than 94.56% of US stocks.
Reuters, the https://1investing.in/ and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.
Key Earnings Data
Thus, JetBlue Airways stock has plummeted by 30% since April despite strong domestic demand as highlighted by relatively flat… It uses the current share price and divides it by the total earnings per share for the last 12 months. Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share. JetBlue Airways stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for JetBlue Airways shares.
The rating they have provided for JBLU stocks is “Neutral” according to the report published on December 05th, 2022. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Real-time analyst ratings, insider transactions, earnings data, and more.
Time To Buy JetBlue Airways Stock?
According to 19 analysts, the average rating for JBLU stock is “Hold.” The 12-month stock price forecast is $8.93, which is an increase of 23.68% from the latest price. Per quarterly filings, JetBlue Airways had guided its Q revenues to be 9% lower than observed in Q with a significant improvement in load factor. While the fourth wave of infections negatively affected recovery in air travel demand, the company’s strong balance sheet and high operating.. Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”).
- Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.
- Virgin Islands, and 24 countries in the Caribbean and Latin America.
- Only 8 people have added JetBlue Airways to their MarketBeat watchlist in the last 30 days.
- Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51. Reports are indicating that there were more than several insider trading activities at JBLU starting from Hayes Robin, who sale 1,000 shares at the price of $10.97 back on May 02. After this action, Hayes Robin now owns 583,298 shares of JetBlue Airways Corporation, valued at $10,970 using the latest closing price. The Federal Aviation Administration will let airlines reduce schedules congested airports as due to air traffic controller shortages. Airlines Update Guidance, Shares Head For Different Destinations The airlines are forecasting healthy profits for 2023 and the analysts have them moving significantly higher by the end of the year.
About JetBlue Airways (JBLU)
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. The stock of JetBlue Airways Corporation has seen a -2.54% decrease in the past week, with a -14.14% drop in the past month, and a -2.12% decrease in the past quarter. The volatility ratio for the week is 2.69%, and the volatility levels for the past 30 days are at 3.81% for JBLU.
One of these is a seasonal service from Worcester, MA, to Southwest Florida International Airport in Fort Myers, FL. Flights (non-stop) on this route will be operational from Jan 4, 2024. Overall, this stock passed 5/33 due dilligence checks and has weak fundamentals, according to our automated analysis. We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. 11 brokerages have issued 12 month price targets for JetBlue Airways’ shares. On average, they anticipate the company’s stock price to reach $9.05 in the next twelve months. This suggests a possible upside of 25.3% from the stock’s current price.
Since then, JBLU stock has increased by 11.4% and is now trading at $7.22. Sign-up to receive the latest news and ratings for JetBlue Airways and its competitors with MarketBeat’s FREE daily newsletter. The shares of JetBlue Airways have gained 7.5% in the past week despite flight cancellations due to travel restrictions and record high number of new infections in the country. As highlighted in our earlier article, passenger numbers at TSA checkpoints have not observed a sharp dip despite the… However, from mid-February till the end of the Red Sox Spring Training, flights will operate daily to meet the anticipated demand swell. JBLU Hit a Brick WallJBLU has gotten way ahead of itself and is now finding resistance.
Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. JetBlue has finally set a date for its long-awaited flight across the pond – from August 2021, travellers will be able to hop on a plane from New York to London on a JetBlue service. JBLU should catch a bid on advances in testing techniques that will help accelerate the “return to normalcy.” Not investment advice. JBLU should catch a bid on advances in testing techniques that will help accelerate the “return to normalcy.”
The news has the stock prices moving in different directions to… JetBlue Airways Corporation has a strategic partnership with American Airlin… As the fourth wave of the pandemic spreads across the U.S., investors remained concerned for another dip in air travel demand and its impact on the airline industry.
In the fourth quarter of 2022, AAL reported earnings of $1.17 per share, surpassing the Zacks Consensus Estimate by 2.63%. You can see the complete list of today’s Zacks #1 Rank stocks here. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
What analysts recommend for JBLU stock, on a scale from 1 to 5. 52 week high is the highest price of a stock in the past 52 weeks, or one year. Jetblue Airways Corp 52 week high is $14.07 as of April 11, 2023. Prices of JetBlue airlines lift 4.52% after it introduces Paisley – which is basically Expedia for JetBlu without the expense. JetBlue stock gets pummeled almost as hard as that passenger that got on the wrong side of Mike Tyson on one of its flights last week.