American Airlines Group, Inc. (NASDAQ:AAL) declared a quarterly dividend on Friday, July 28th, RTT News reports. Shareholders of record on Monday, August 14th will be paid a dividend of 0.10 per share by the airline on Monday, August 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.80%.

Shares of American Airlines Group (NASDAQ:AAL) traded down 1.82% on Friday, hitting $49.09. The company’s stock had a trading volume of 3,382,926 shares. The stock’s 50 day moving average is $50.79 and its 200-day moving average is $46.68. The company has a market cap of $24.18 billion, a price-to-earnings ratio of 11.77 and a beta of 0.97. American Airlines Group has a 52 week low of $33.00 and a 52 week high of $54.48. American Airlines Group also was the recipient of unusually large options trading activity on Tuesday. Traders bought 19,571 call options on the company. This is an increase of approximately 177% compared to the typical volume of 7,077 call options.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Friday, July 28th. The airline reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.09. American Airlines Group had a net margin of 5.47% and a return on equity of 81.88%. The firm had revenue of $11.11 billion during the quarter, compared to analyst estimates of $11.08 billion. During the same quarter last year, the business posted $1.77 EPS. The company’s revenue was up 7.2% on a year-over-year basis. On average, equities research analysts anticipate that American Airlines Group will post $5.21 earnings per share for the current year.

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AAL has been the subject of a number of research reports. J P Morgan Chase & Co lowered shares of American Airlines Group from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $59.00 to $52.00 in a research note on Thursday, April 27th. Barclays PLC reissued a “hold” rating and set a $58.00 target price on shares of American Airlines Group in a research note on Friday, April 28th. ValuEngine raised shares of American Airlines Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Sanford C. Bernstein reissued a “market perform” rating and set a $52.00 target price on shares of American Airlines Group in a research note on Thursday, July 13th. Finally, Vetr raised shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $49.75 target price for the company in a research note on Monday, April 24th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. American Airlines Group presently has an average rating of “Hold” and a consensus target price of $50.10.

In related news, VP Derek J. Kerr sold 104,223 shares of American Airlines Group stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $50.00, for a total value of $5,211,150.00. Following the transaction, the vice president now owns 591,195 shares in the company, valued at approximately $29,559,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Elise R. Eberwein sold 33,400 shares of American Airlines Group stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $49.74, for a total transaction of $1,661,316.00. Following the completion of the transaction, the executive vice president now owns 362,368 shares in the company, valued at approximately $18,024,184.32. The disclosure for this sale can be found here. Insiders have sold a total of 161,480 shares of company stock worth $7,999,471 in the last 90 days. 0.64% of the stock is owned by insiders.

American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Dividend History for American Airlines Group (NASDAQ:AAL)

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