NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis → He Is Giving Away Bitcoin (From Crypto Swap Profits) (Ad) Free SAVE Stock Alerts $3.82 +0.42 (+12.35%) (As of 02:15 PM ET) Add Compare Share Share Today's Range$3.32▼$3.8350-Day Range$3.31▼$6.4752-Week Range$3.18▼$19.69Volume7.81 million shsAverage Volume13.68 million shsMarket Capitalization$418.29 millionP/E RatioN/ADividend YieldN/APrice Target$3.62 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Spirit Airlines alerts: Email Address Spirit Airlines MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside3.9% Downside$3.62 Price TargetShort InterestBearish25.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.01Based on 53 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.79) to ($1.45) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.54 out of 5 starsTransportation Sector107th out of 117 stocksAir Transportation, Scheduled Industry15th out of 17 stocks 1.8 Analyst's Opinion Consensus RatingSpirit Airlines has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 4 hold ratings, and 4 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Spirit Airlines' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted25.44% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Airlines has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAVE. Previous Next 1.7 News and Social Media Coverage News SentimentSpirit Airlines has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 53 news articles for Spirit Airlines this week, compared to 19 articles on an average week.Search InterestOnly 32 people have searched for SAVE on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 21 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Spirit Airlines is held by insiders.Percentage Held by Institutions58.73% of the stock of Spirit Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Spirit Airlines' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($2.79) to ($1.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Airlines is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpirit Airlines has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Spirit Airlines' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchThings Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.This could be your solution. About Spirit Airlines Stock (NYSE:SAVE)Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.Read More SAVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAVE Stock News HeadlinesMay 9, 2024 | markets.businessinsider.comSpirit Down on Wider-Than-Expected Q1 Loss & Bleak ViewMay 9, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Spirit Airlines, Inc. (NYSE:SAVE) Issued By Seaport Res PtnMay 9, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 9, 2024 | americanbankingnews.comSpirit Airlines (NYSE:SAVE) PT Lowered to $3.00May 9, 2024 | americanbankingnews.comTD Cowen Lowers Spirit Airlines (NYSE:SAVE) Price Target to $3.00May 9, 2024 | americanbankingnews.comSeaport Res Ptn Weighs in on Spirit Airlines, Inc.'s FY2026 Earnings (NYSE:SAVE)May 8, 2024 | msn.comSpirit Airlines CEO Says Odds Are Stacked Against Smaller Non-Legacy CarriersMay 8, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Airlines, Inc. - SAVEMay 9, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 8, 2024 | fool.com1 Wall Street Analyst Cuts Spirit Airlines' Price Target by 25%. Here's Why He's Right.May 8, 2024 | msn.comSpirit Aero Systems future unknown as Q1 results reveal lossesMay 7, 2024 | msn.comSpirit Airlines CEO calls airline industry a ‘rigged game,’ US consumers are ‘long-term losers’May 7, 2024 | finance.yahoo.comSpirit Airlines Inc (SAVE) Q1 2024 Earnings: Challenges Persist Amid Strategic AdjustmentsMay 7, 2024 | washingtonpost.comSuncor Energy: Q1 Earnings SnapshotMay 7, 2024 | washingtonpost.comVeeco: Q1 Earnings SnapshotMay 7, 2024 | markets.businessinsider.comIn-Depth Examination Of 8 Analyst Recommendations For Spirit AirlinesMay 7, 2024 | msn.comSpirit Airlines CEO Calls the Airline Industry a 'Rigged Game'May 7, 2024 | finance.yahoo.comSpirit Airlines, Inc. (NYSE:SAVE) Q1 2024 Earnings Call TranscriptMay 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Spirit Airlines (SAVE), Air Lease (AL) and ZipRecruiter (ZIP)May 7, 2024 | finance.yahoo.comSpirit Airlines Inc (SAVE) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges ...May 7, 2024 | finance.yahoo.comQ1 2024 Spirit Airlines Inc Earnings CallMay 6, 2024 | msn.comSpirit Airlines warns of more pain from grounded jets, excess capacityMay 6, 2024 | washingtonpost.comOtter Tail: Q1 Earnings SnapshotMay 6, 2024 | finance.yahoo.comStocks Extend Rally Ahead of Busy Earnings SlateMay 6, 2024 | msn.comSpirit's Latest Sale Has $42 Flights — but You'll Need to Book SoonMay 6, 2024 | msn.comSpirit Airlines’ stock slides nearly 10% after air carrier’s quarterly loss, weak guidanceMay 6, 2024 | msn.comSAVE Earnings: Spirit Airlines Crumbles After Weak Q1 NumbersSee More Headlines Receive SAVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/29 Dividend2/22/2024Dividend Payable2/29/2024Last Earnings5/06/2024Today5/09/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryN/A Current SymbolNYSE:SAVE CUSIPN/A CIK1498710 Webwww.spirit.com Phone(954) 447-7920Fax954-447-7979Employees13,167Year FoundedN/APrice Target and Rating Average Stock Price Target$3.62 High Stock Price Target$5.00 Low Stock Price Target$3.00 Potential Upside/Downside-3.9%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($4.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-8.34% Pretax Margin-10.42% Return on Equity-26.38% Return on Assets-3.80% Debt Debt-to-Equity Ratio2.69 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$5.36 billion Price / Sales0.08 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.36Miscellaneous Outstanding Shares109,500,000Free Float108,899,000Market Cap$412.82 million OptionableOptionable Beta1.41 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Edward M. Christie III (Age 53)President, CEO & Director Comp: $1.85MMr. Scott M. Haralson (Age 51)Executive VP & CFO Comp: $841.27kMr. John Bendoraitis (Age 60)Executive VP & COO Comp: $964.05kMs. Melinda C. Grindle (Age 50)Senior VP & Chief Human Resources Officer Comp: $657.28kMr. Matthew H. Klein (Age 50)Executive VP & Chief Commercial Officer Comp: $879.3kMr. Rocky B. Wiggins (Age 65)Senior VP & Chief Information Officer Comp: $798.12kDeAnne GabelSenior Director of Investor RelationsMr. Thomas C. Canfield (Age 68)Senior VP, General Counsel & Company Secretary Comp: $701.45kMr. Brian J. McMenamy (Age 65)VP & Controller Simon GoreTreasurerMore ExecutivesKey CompetitorsHawaiianNASDAQ:HASun Country AirlinesNASDAQ:SNCYControladora Vuela Compañía de AviaciónNYSE:VLRSAllegiant TravelNASDAQ:ALGTFrontier GroupNASDAQ:ULCCView All CompetitorsInstitutional OwnershipState Board of Administration of Florida Retirement SystemBought 3,020 shares on 5/9/2024Ownership: 0.031%Angeles Wealth Management LLCBought 29,689 shares on 5/9/2024Ownership: 0.027%Susquehanna Portfolio Strategies LLCSold 22,888 shares on 5/7/2024Ownership: 0.243%Susquehanna Fundamental Investments LLCBought 72,638 shares on 5/7/2024Ownership: 0.066%SG Americas Securities LLCSold 786,094 shares on 5/7/2024Ownership: 0.035%View All Institutional Transactions SAVE Stock Analysis - Frequently Asked Questions Should I buy or sell Spirit Airlines stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last twelve months. There are currently 4 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" SAVE shares. View SAVE analyst ratings or view top-rated stocks. What is Spirit Airlines' stock price target for 2024? 8 equities research analysts have issued 1-year price targets for Spirit Airlines' shares. Their SAVE share price targets range from $3.00 to $5.00. On average, they predict the company's share price to reach $3.62 in the next year. This suggests that the stock has a possible downside of 3.9%. View analysts price targets for SAVE or view top-rated stocks among Wall Street analysts. How have SAVE shares performed in 2024? Spirit Airlines' stock was trading at $16.39 on January 1st, 2024. Since then, SAVE shares have decreased by 77.0% and is now trading at $3.77. View the best growth stocks for 2024 here. When is Spirit Airlines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our SAVE earnings forecast. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) released its earnings results on Monday, May, 6th. The company reported ($1.46) earnings per share for the quarter, missing analysts' consensus estimates of ($1.45) by $0.01. The firm earned $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Spirit Airlines had a negative trailing twelve-month return on equity of 26.38% and a negative net margin of 8.34%. The company's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.82) EPS. How often does Spirit Airlines pay dividends? What is the dividend yield for Spirit Airlines? Spirit Airlines declared a dividend on Tuesday, February 13th. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.10 per share on Thursday, February 29th. The ex-dividend date is Thursday, February 22nd. Read our dividend analysis for SAVE. What ETFs hold Spirit Airlines' stock? ETFs with the largest weight of Spirit Airlines (NYSE:SAVE) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). What guidance has Spirit Airlines issued on next quarter's earnings? Spirit Airlines issued an update on its second quarter 2024 earnings guidance on Tuesday, May, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.5 billion. What is Ted Christie's approval rating as Spirit Airlines' CEO? 78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Spirit Airlines' major shareholders? Spirit Airlines' stock is owned by a number of retail and institutional investors. Top institutional investors include BNP Paribas Financial Markets (0.67%), Susquehanna Portfolio Strategies LLC (0.24%), Quantbot Technologies LP (0.07%), Susquehanna Fundamental Investments LLC (0.07%), SG Americas Securities LLC (0.04%) and State Board of Administration of Florida Retirement System (0.03%). View institutional ownership trends. How do I buy shares of Spirit Airlines? Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SAVE) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressTrump’s “Tax Free” Retirement Strategy Gold Safe Exchange348 million Americans lives to END as we know it?The Oxford ClubThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Spirit Airlines, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.