SPIRIT AIRLINES INC

NYSE: SAVE (Spirit Airlines, Inc.)

Last update: 13 Oct, 7:22PM

1.61

-0.10 (-5.85%)

Previous Close 1.71
Open 1.70
Volume 7,538,950
Avg. Volume (3M) 5,282,276
Market Cap 176,323,984
Price / Earnings (Forward) 33.00
Price / Sales 0.030
Price / Book 0.200
52 Weeks Range
1.40 (-13%) — 17.49 (986%)
Earnings Date 24 Oct 2024 - 28 Oct 2024
TTM Dividend Yield 24.85%
Profit Margin -13.20%
Operating Margin (TTM) -13.03%
Diluted EPS (TTM) -6.20
Quarterly Revenue Growth (YOY) -10.60%
Total Debt/Equity (MRQ) 914.66%
Current Ratio (MRQ) 0.940
Operating Cash Flow (TTM) -647.37 M
Levered Free Cash Flow (TTM) -472.66 M
Return on Assets (TTM) -4.51%
Return on Equity (TTM) -59.35%

Market Trend

Short Term Medium Term
Industry Airlines (US) Mixed Mixed
Airlines (Global) Mixed Mixed
Stock Spirit Airlines, Inc. Bearish Bearish

Stockmoo Score

0.6
Analyst Consensus -0.5
Insider Activity NA
Price Volatility 0.5
Technical Moving Averages 5.0
Technical Oscillators -2.5
Average 0.63

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Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.

Sector Industrials
Industry Airlines
Investment Style Small Value
% Held by Insiders 0.86%
% Held by Institutions 47.30%

Ownership

Name Date Shares Held
Lmr Partners Llp 30 Jun 2024 1,000,000
52 Weeks Range
1.40 (-13%) — 17.49 (986%)
Price Target Range
1.50 (-6%) — 2.75 (70%)
High 2.75 (Citigroup, 70.81%) Sell
Median 2.13 (32.30%)
Low 1.50 (Susquehanna, -6.83%) Not Rated
Average 2.13 (32.30%)
Total 1 Not Rated, 1 Sell
Avg. Price @ Call 2.27
Firm Date Target Price Call Price @ Call
Susquehanna 09 Oct 2024 1.50 (-6.83%) Not Rated 1.72
16 Aug 2024 2.25 (39.75%) Not Rated 2.79
Citigroup 23 Jul 2024 2.75 (70.81%) Sell 2.82

No data within this time range.

Date Type Details
18 Oct 2024 CNBC Spirit Airlines extends debt refinancing deadline hours before expiration
17 Oct 2024 Announcement Spirit Airlines Brings on Frankie Muniz to Promote its new #NotInTheMiddle 'Go Comfy' Travel Option
15 Oct 2024 Announcement Spirit Airlines Launches its Inaugural Alabama Service and Birmingham's Only Nonstop Flight to Fort Lauderdale
13 Oct 2024 CNBC Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
01 Oct 2024 Announcement Spirit Airlines Unveils its First-Ever PiNK Uniform Collection in Honor of Breast Cancer Awareness Month
27 Sep 2024 CNBC Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future
19 Sep 2024 CNBC JetBlue to open airport lounges in New York and Boston in battle for big spenders
06 Sep 2024 CNBC U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
04 Sep 2024 CNBC Airplane engines are in short supply. The business of fixing older ones is booming
30 Aug 2024 CNBC Where are low-cost airlines cutting back now? New planes
27 Aug 2024 Announcement Spirit Airlines Celebrates Launch of Newly Transformed Guest Experience with 'More Fly' Giveaway
20 Aug 2024 CNBC Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
14 Aug 2024 Announcement Say 'Yellow' to Spirit Airlines' New Travel Options and Reimagined Look
01 Aug 2024 Announcement Spirit Airlines Reports Second Quarter 2024 Results
30 Jul 2024 Announcement Go Big or Go Comfy: Spirit Airlines to Offer Unmatched Value with New Travel Options and Transformed Guest Experience
30 Jul 2024 CNBC Spirit Airlines is trying to go upmarket with snacks, Wi-Fi and checked bags included
30 Jul 2024 CNBC JetBlue shares jump 12% after surprise profit, $3 billion aircraft spending deferral
29 Jul 2024 CNBC U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
Show more
TTM Dividend Yield 24.85%
2Y Average Dividend Yield 9.36%
Expected Next Dividend Payment Jan 2025
Ex Date Announcement Date Payment Date Details
22 Feb 2024 13 Feb 2024 29 Feb 2024 0.1 Cash
24 Jan 2024 12 Jan 2024 31 Jan 2024 0.1 Cash
21 Dec 2023 12 Dec 2023 29 Dec 2023 0.1 Cash
22 Nov 2023 14 Nov 2023 30 Nov 2023 0.1 Cash
24 Oct 2023 13 Oct 2023 31 Oct 2023 0.1 Cash
22 Sep 2023 15 Sep 2023 29 Sep 2023 0.1 Cash
24 Aug 2023 15 Aug 2023 31 Aug 2023 0.1 Cash
24 Jul 2023 14 Jul 2023 31 Jul 2023 0.1 Cash
23 Jun 2023 16 Jun 2023 30 Jun 2023 0.1 Cash
23 May 2023 12 May 2023 31 May 2023 0.1 Cash
21 Apr 2023 14 Apr 2023 28 Apr 2023 0.1 Cash
24 Mar 2023 - 31 Mar 2023 0.1 Cash
21 Feb 2023 10 Feb 2023 28 Feb 2023 0.1 Cash
24 Jan 2023 13 Jan 2023 31 Jan 2023 0.1 Cash
03 Oct 2022 - 03 Oct 2022 2.22 Cash
Show more

Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2024 0.200 2 12.42
2023 1.20 12 7.32
2022 2.22 1 11.40

The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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