Allegiant Travel Company (ALGT)

NASDAQ: ALGT · IEX Real-Time Price · USD
58.68
+1.78 (3.13%)
At close: May 14, 2024, 4:00 PM
58.00
-0.68 (-1.16%)
After-hours: May 14, 2024, 4:05 PM EDT
3.13%
Market Cap 1.07B
Revenue (ttm) 2.52B
Net Income (ttm) 60.53M
Shares Out 18.23M
EPS (ttm) 3.15
PE Ratio 18.63
Forward PE 9.18
Dividend $2.40 (4.09%)
Ex-Dividend Date May 14, 2024
Volume 483,557
Open 57.31
Previous Close 56.90
Day's Range 57.31 - 60.74
52-Week Range 51.13 - 130.93
Beta 1.62
Analysts Hold
Price Target 92.25 (+57.21%)
Earnings Date May 7, 2024

About ALGT

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, prio... [Read more]

Industry Airlines
Sector Industrials
IPO Date Dec 8, 2006
Employees 6,686
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

In 2023, ALGT's revenue was $2.51 billion, an increase of 9.04% compared to the previous year's $2.30 billion. Earnings were $117.60 million, an increase of 4617.05%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ALGT stock is "Hold." The 12-month stock price forecast is $92.25, which is an increase of 57.21% from the latest price.

Price Target
$92.25
(57.21% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Allegiant Earns No. 3 Spot in J.D.

The airline was also named the No. 1 ULCC LAS VEGAS , May 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named one of the top three airlines, and number one ULCC, by customer...

5 days ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTS

First quarter  2024 GAAP diluted loss per share of $(0.07) First quarter  2024 diluted earnings per share, excluding special charges of $0.57 (1)(4)(5) First quarter  2024 airline only diluted earning...

7 days ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2024 EARNINGS CALL

LAS VEGAS , April 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2024 financial results conference call for Tuesday, May 7 at 12:30 p.m. EDT. A live b...

14 days ago - PRNewsWire

ALLEGIANT REPORTS MARCH 2024 TRAFFIC

LAS VEGAS , April 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2024. Scheduled Service – Year Over Year Comparison Ma...

15 days ago - PRNewsWire

Allegiant Flight Attendants Vote to Approve New Labor Contract

Agreement between Allegiant and TWU Local 577 members overwhelmingly ratified by flight attendants LAS VEGAS , April 16, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company ...

27 days ago - PRNewsWire

ALLEGIANT REPORTS FEBRUARY 2024 TRAFFIC

LAS VEGAS, March 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2024. "First quarter demand continued the trend of o...

6 weeks ago - PRNewsWire

ALLEGIANT ANNOUNCES TENTATIVE AGREEMENT FOR FLIGHT ATTENDANTS WITH THE TRANSPORT WORKERS UNION OF AMERICA, AFL-CIO

LAS VEGAS , March 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and The Transport Workers Union of America, AFL-CIO Local 577 announce they have reached a tentative agreement on all remaining open...

7 weeks ago - PRNewsWire

Allegiant Air Elevates Inflight Experience with Spring Menu Updates

Passengers can now enjoy more familiar favorites and brand new offerings LAS VEGAS, March 14, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) invites passengers to indulge in its new Spri...

2 months ago - PRNewsWire

Exclusive: Allegiant expects fewer aircraft from Boeing as US planemaker faces quality issues

Low-cost U.S. carrier Allegiant expects fewer aircraft deliveries from Boeing this year, its president told Reuters, as the planemaker grapples with the fallout of a frightening incident last month wh...

Other symbols: BA
2 months ago - Reuters

ALLEGIANT REPORTS JANUARY 2024 TRAFFIC

LAS VEGAS , Feb. 27, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2024. Scheduled Service – Year Over Year Comparison J...

2 months ago - PRNewsWire

ALLEGIANT SECURES SPOT ON THE WALL STREET JOURNAL'S 2023 LIST OF TOP AIRLINES

Ultra-low-cost carrier recognized for excellence in passenger satisfaction LAS VEGAS , Feb. 22, 2024 /PRNewswire/ --  Allegiant  (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Stre...

2 months ago - PRNewsWire

Allegiant Partners with Berry Aviation to Enhance the Airline's Pilot Recruitment Pipeline

LAS VEGAS , Feb. 20, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced the launch of its Allegiant Incentive program in collaboration with Berry Aviation, a private aviatio...

3 months ago - PRNewsWire

Allegiant Announces Ten New Routes with One-Way Fares as Low as $45*

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 14 Cities LAS VEGAS , Feb. 12, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced 10 new nonstop rou...

3 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

Fourth quarter 2023 GAAP diluted loss per share of $(0.13) Fourth quarter  2023 diluted earnings per share, excluding special charges of $0.11 (1)(6)(7) Fourth quarter  2023 airline only diluted earni...

3 months ago - PRNewsWire

ALLEGIANT TRAVEL ANNOUNCES TIME CHANGE FOR FOURTH QUARTER AND FULL-YEAR 2023 EARNINGS CALL

LAS VEGAS , Feb. 2, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has changed the time of its previously announced earnings conference call due to a scheduling conflict. The call will n...

3 months ago - PRNewsWire

Allegiant Reports December 2023 Traffic

LAS VEGAS , Jan. 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2023, fourth quarter 2023, and full year 2023. Sched...

3 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES FOURTH QUARTER AND FULL-YEAR 2023 EARNINGS CALL

LAS VEGAS , Jan. 24, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its fourth quarter and full-year 2023 financial results conference call for Monday, February 5 at 12:30 ...

3 months ago - PRNewsWire

ALLEGIANT REPORTS NOVEMBER 2023 TRAFFIC

LAS VEGAS , Dec. 28, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2023. Scheduled Service – Year Over Year Comparison ...

4 months ago - PRNewsWire

Allegiant transforms leisure travel space by opening new resort in Southwest Florida

Sunseeker Resort Charlotte Harbor marks major milestone in travel company's history LAS VEGAS , Dec. 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) continues to re-shape the domestic...

5 months ago - PRNewsWire

ALLEGIANT ENHANCING ONBOARD EXPERIENCE BY INTRODUCING POPULAR BRANDS TO INFLIGHT WINTER MENU

Network-Wide Arrivals Include Don Julio Reposado Tequila, Ryder Estate Wines, and Grandma's Chocolate Chip Cookies LAS VEGAS, Dec. 13, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) anno...

5 months ago - PRNewsWire

ALLEGIANT WINS PASSENGER-RATED FOUR STAR RANKING AWARD

Las Vegas' hometown airline earns excellence distinction for the fifth year LAS VEGAS , Nov. 29, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) is proud to announce it has been ranked as...

5 months ago - PRNewsWire

WISH COME TRUE: ALLEGIANT GRANTS 14-YEAR-OLD TEEN'S WISH TO BECOME A PILOT FOR A DAY

**B-Roll & Photos** LAS VEGAS, Nov. 22, 2023 /PRNewswire/ -- Today, dozens of Allegiant Travel Company (NASDAQ: ALGT) employees gathered at the airline's West Coast Training Center to celebrate their ...

6 months ago - PRNewsWire

ALLEGIANT REPORTS OCTOBER 2023 TRAFFIC

LAS VEGAS , Nov. 22, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2023. Scheduled Service – Year Over Year Comparison O...

6 months ago - PRNewsWire

ALLEGIANT ANNOUNCES TWELVE NEW ROUTES WITH ONE-WAY FARES AS LOW AS $49*

Expansion Offers Low-Cost Travel Options to Popular Destinations in 22 Cities LAS VEGAS , Nov. 16, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced twelve new nonstop routes to popular va...

6 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2023 FINANCIAL RESULTS

Third quarter 2023 GAAP diluted loss per share of $(1.44) Third quarter  2023 diluted earnings per share, excluding special charges of $0.09 (1)(4)(5) Third quarter  2023 airline only diluted earnings...

6 months ago - PRNewsWire