Wall Street brokerages expect American Airlines Group Inc (NASDAQ:AAL) to announce earnings per share (EPS) of $1.18 for the current quarter, Zacks reports. Five analysts have made estimates for American Airlines Group’s earnings, with estimates ranging from $1.10 to $1.35. American Airlines Group posted earnings per share of $1.42 during the same quarter last year, which suggests a negative year over year growth rate of 16.9%. The company is scheduled to issue its next earnings results on Thursday, October 25th.

According to Zacks, analysts expect that American Airlines Group will report full year earnings of $4.66 per share for the current year, with EPS estimates ranging from $4.37 to $4.90. For the next year, analysts forecast that the firm will post earnings of $5.72 per share, with EPS estimates ranging from $4.54 to $6.60. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover American Airlines Group.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 26th. The airline reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. The firm had revenue of $11.64 billion for the quarter, compared to the consensus estimate of $11.67 billion. American Airlines Group had a net margin of 3.75% and a return on equity of 151.06%. The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the company posted $1.92 EPS.

Several analysts have commented on the stock. Zacks Investment Research upgraded shares of American Airlines Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 27th. BidaskClub downgraded shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, May 1st. Cowen restated an “outperform” rating and set a $55.00 target price (down from $60.00) on shares of American Airlines Group in a report on Friday, April 27th. ValuEngine downgraded shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a report on Monday, July 2nd. Finally, Imperial Capital dropped their target price on shares of American Airlines Group from $56.00 to $50.00 and set an “outperform” rating on the stock in a report on Thursday, July 12th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $57.72.

In other news, President Robert D. Isom, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 22nd. The shares were sold at an average price of $45.00, for a total transaction of $450,000.00. Following the completion of the transaction, the president now directly owns 646,205 shares of the company’s stock, valued at approximately $29,079,225. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of AAL. Lansdowne Partners UK LLP grew its stake in shares of American Airlines Group by 252.8% during the 2nd quarter. Lansdowne Partners UK LLP now owns 5,984,069 shares of the airline’s stock worth $227,147,000 after acquiring an additional 4,287,800 shares in the last quarter. Millennium Management LLC grew its stake in shares of American Airlines Group by 999.2% in the second quarter. Millennium Management LLC now owns 1,811,194 shares of the airline’s stock valued at $68,753,000 after buying an additional 1,646,418 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of American Airlines Group by 353.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,100,366 shares of the airline’s stock valued at $57,176,000 after buying an additional 857,759 shares in the last quarter. Gendell Jeffrey L grew its stake in shares of American Airlines Group by 46.8% in the second quarter. Gendell Jeffrey L now owns 1,551,339 shares of the airline’s stock valued at $58,889,000 after buying an additional 494,868 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of American Airlines Group by 32.2% in the second quarter. Morgan Stanley now owns 1,954,583 shares of the airline’s stock valued at $74,196,000 after buying an additional 476,499 shares in the last quarter. 81.98% of the stock is owned by institutional investors.

Shares of AAL stock opened at $37.79 on Wednesday. The company has a debt-to-equity ratio of -25.16, a quick ratio of 0.46 and a current ratio of 0.55. The company has a market cap of $17.16 billion, a price-to-earnings ratio of 7.74, a P/E/G ratio of 0.76 and a beta of 0.99. American Airlines Group has a 52 week low of $35.64 and a 52 week high of $59.08.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 21st. Stockholders of record on Tuesday, August 7th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, August 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.06%. American Airlines Group’s dividend payout ratio is currently 8.20%.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2017, the company operated a mainline fleet of 948 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, and Phoenix, as well as in Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

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