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Alaska Air Group, Inc. (ALK)

Industrials | Airlines | Seattle, United States | NYSE
46.80 USD -2.62 (-5.302%) ⇩ (July 13, 2026, 4 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | July 11, 2026, 6:40 a.m. EDT

The investment case for Alaska Air is currently fractured by a severe disconnect between its operational reality and its valuation metrics. While the forward P/E of 7.5x suggests the market expects a massive turnaround, the company is bleeding cash with negative free flow and crushing operating margins of -7.6%. This is not a classic value trap where the business is temporarily broken; the fundamentals indicate a structural inability to generate profit on current operations. The stock has failed to sustain a multi-year upward trend, trading below its 200-day average despite recent price gains, which signals that the market remains skeptical of the recovery narrative. With no dividend to provide income and a balance sheet weighed down by debt relative to equity, there is no safety net for investors. The recent price action shows some resilience, but without a confirmed return to positive operating leverage, the risk of further downside remains high.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.085192
MSTL0.091918
AutoTheta0.120454
AutoARIMA0.260028

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 41%
H-stat 0.95
Ljung-Box p 0.000
Jarque-Bera p 0.268
Excess Kurtosis -0.91
Attribute Value
Sector Industrials
Ex Dividend Date 2020-02-13
Last Dividend Date 2020-02-13
Debt to Equity Ratio 178.719
Revenue per Share 124.197
Market Cap 5,214,876,160
Trailing P/E 101.74
Forward P/E 7.15
Beta 1.28
Profit Margins 0.51%
Website https://www.alaskaair.com

As of July 11, 2026, 6:40 a.m. EDT: Speculators are positioning for volatility rather than a clear directional breakout. Call volume is heavily skewed toward out-of-the-money strikes (57.5 and 60.0), suggesting a speculative hope for a recovery to $60+, while put volume concentrates significantly in the downside (25.0 and 32.5 strikes), indicating a fear of further decline. The massive implied volatility spike at deep out-of-the-money strikes suggests the market is pricing in a binary event or extreme uncertainty, but the lack of consistent directional flow prevents a strong conviction signal.

Dividend Data

Dividend History
Date Dividend Yield %
2020-02-14 0.37500 0.567236
2019-11-18 0.35000 0.499572
2019-08-19 0.35000 0.577653
2019-05-20 0.35000 0.564972
2019-02-15 0.35000 0.527744
2018-11-19 0.32000 0.475483
2018-08-20 0.32000 0.478755
2018-05-21 0.32000 0.552295
2018-02-16 0.32000 0.492535
2017-11-20 0.30000 0.453858
2017-08-18 0.30000 0.382409
2017-05-19 0.30000 0.354736
2017-02-16 0.30000 0.310270
2016-11-10 0.27500 0.366813
2016-08-16 0.27500 0.416667
2016-05-20 0.27500 0.421714
2016-02-19 0.27500 0.380149
2015-11-13 0.20000 0.263296
2015-08-14 0.20000 0.251256
2015-05-19 0.20000 0.298552
2015-02-20 0.20000 0.311818
2014-11-14 0.12500 0.225876
2014-08-15 0.12500 0.274967
2014-05-21 0.12500 0.260743
2014-02-21 0.12500 0.306598
2013-11-15 0.10000 0.264585
2013-08-02 0.10000 0.316857
1992-10-08 0.01250 0.314961
1992-07-09 0.01250 0.264901
1992-04-09 0.01250 0.285714
1992-01-09 0.01250 0.227273
1991-10-08 0.01250 0.248447
1991-07-09 0.01250 0.218579
1991-04-09 0.01250 0.202020
1991-01-09 0.01250 0.275862
1990-10-05 0.01250 0.294118
1990-07-09 0.01250 0.220994
1990-04-06 0.01250 0.210526
1990-01-08 0.01250 0.232558
1989-10-06 0.01250 0.185185
1989-07-10 0.01250 0.176211
1989-04-10 0.01250 0.201005
1989-01-09 0.01250 0.242424
1988-10-07 0.01000 0.180791
1988-07-11 0.01000 0.205128
1988-04-11 0.01000 0.238806
1988-01-11 0.01000 0.273504
1987-07-09 0.01000 0.190476
1987-04-09 0.01000 0.174863
1987-01-09 0.01000 0.174863
1986-10-08 0.01000 0.202532
1986-07-09 0.01000 0.253968
1986-04-09 0.01000 0.200000
1986-01-09 0.01000 0.258065
1985-10-08 0.01000 0.188235
1985-07-09 0.01000 0.169312
1985-04-09 0.00875 0.183007
1985-01-08 0.00875 0.227642
1984-10-10 0.00875 0.277228
1984-07-10 0.00875 0.318182
1984-04-10 0.00875 0.282828
1984-01-10 0.00875 0.239316
1983-10-18 0.00750 0.203390
1983-06-09 0.00750 0.165517
1983-03-21 0.00750 0.220183
Additional Data
exDividendDate 2020-02-14
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.375
lastDividendDate 2020-02-14
dividendDate 2015-09-01

Info Dump

Attribute Value
52 Week Change -0.06631398
Address1 19,300 International Boulevard
All Time High 101.43
All Time Low 0.765306
Ask 49.53
Ask Size 200
Audit Risk 1
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 3,253,530
Average Daily Volume3 Month 3,658,155
Average Volume 3,658,155
Average Volume10Days 3,253,530
Beta 1.279
Bid 45.0
Bid Size 500
Board Risk 1
Book Value 33.504
City Seattle
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 46.8
Current Ratio 0.428
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 49.5
Day Low 46.58
Debt To Equity 178.719
Display Name Alaska Air
Dividend Date 1,441,065,600
Earnings Call Timestamp End 1,784,750,400
Earnings Call Timestamp Start 1,784,750,400
Earnings Timestamp 1,784,664,000
Earnings Timestamp End 1,784,664,000
Earnings Timestamp Start 1,784,664,000
Ebitda 1,136,999,936
Ebitda Margins 0.07895
Enterprise To Ebitda 8.896
Enterprise To Revenue 0.702
Enterprise Value 10,114,876,416
Eps Current Year -0.02596
Eps Forward 6.5443
Eps Trailing Twelve Months 0.46
Esg Populated 0
Ex Dividend Date 1,581,638,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 44.5478
Fifty Day Average Change 2.252201
Fifty Day Average Change Percent 0.050556958
Fifty Two Week Change Percent -6.631398
Fifty Two Week High 65.88
Fifty Two Week High Change -19.079998
Fifty Two Week High Change Percent -0.28961748
Fifty Two Week Low 33.03
Fifty Two Week Low Change 13.77
Fifty Two Week Low Change Percent 0.41689375
Fifty Two Week Range 33.03 - 65.88
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 1.95
Float Shares 110,681,290
Forward Eps 6.5443
Forward P E 7.1512613
Free Cashflow -316,500,000
Full Exchange Name NYSE
Full Time Employees 31,465
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.20622
Gross Profits 2,969,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.00577
Held Percent Institutions 0.94745004
Implied Shares Outstanding 111,428,978
Industry Airlines
Industry Disp Airlines
Industry Key airlines
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=109361&p=irol-IRHome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,581,638,400
Last Dividend Value 0.375
Last Fiscal Year End 1,767,139,200
Last Split Date 1,404,950,400
Last Split Factor 2:1
Long Business Summary Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Alaska Airlines, Hawaiian Airlines, and Regional. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo; and Horizon's and other third-party carriers scheduled air transportation services. It operates in the United States, Canada, Mexico, Costa Rica, Guatemala, Belize, the Bahamas, the South Pacific, Australia, New Zealand, and Asia. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
Long Name Alaska Air Group, Inc.
Market us_market
Market Cap 5,214,876,160
Market State PRE
Max Age 86,400
Message Board Id finmb_248501
Most Recent Quarter 1,774,915,200
Net Income To Common 73,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,506,820,092
Number Of Analyst Opinions 16
Open 49.14
Operating Cashflow 1,211,000,064
Operating Margins -0.07606
Overall Risk 1
Payout Ratio 0.0
Peg Ratio 1.2
Phone 206 392 5040
Pre Market Change -0.27000046
Pre Market Change Percent -0.5769241
Pre Market Price 46.53
Pre Market Time 1,784,017,395
Previous Close 49.42
Price Eps Current Year -1,802.7734
Price Hint 2
Price To Book 1.3968481
Price To Sales Trailing12 Months 0.3620939
Profit Margins 0.0050700004
Quick Ratio 0.34
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -2.62
Regular Market Change Percent -5.3015
Regular Market Day High 49.5
Regular Market Day Low 46.58
Regular Market Day Range 46.58 - 49.5
Regular Market Open 49.14
Regular Market Previous Close 49.42
Regular Market Price 46.8
Regular Market Time 1,783,972,803
Regular Market Volume 2,858,221
Return On Assets 0.01281
Return On Equity 0.01856
Revenue Growth 0.052
Revenue Per Share 124.197
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 1
Shares Outstanding 111,428,978
Shares Percent Shares Out 0.1097
Shares Short 12,221,936
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 13,156,174
Short Name Alaska Air Group, Inc.
Short Percent Of Float 0.1233
Short Ratio 3.5
Source Interval 15
State WA
Symbol ALK
Target High Price 94.0
Target Low Price 47.0
Target Mean Price 65.34375
Target Median Price 65.0
Total Cash 1,768,000,000
Total Cash Per Share 15.867
Total Debt 6,668,000,256
Total Revenue 14,401,999,872
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.46
Trailing P E 101.73913
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 46.02855
Two Hundred Day Average Change 0.77145004
Two Hundred Day Average Change Percent 0.01676025
Type Disp Equity
Volume 2,858,221
Website https://www.alaskaair.com
Zip 98,188