Analysts expect American Airlines Group, Inc. (NASDAQ:AAL) to post $1.54 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for American Airlines Group’s earnings. The highest EPS estimate is $1.66 and the lowest is $1.33. American Airlines Group posted earnings per share of $2.80 during the same quarter last year, which would indicate a negative year-over-year growth rate of 45%. The company is scheduled to announce its next earnings results on Thursday, October 19th.

According to Zacks, analysts expect that American Airlines Group will report full-year earnings of $4.96 per share for the current fiscal year, with EPS estimates ranging from $4.67 to $5.17. For the next financial year, analysts forecast that the firm will report earnings of $5.43 per share, with EPS estimates ranging from $4.40 to $6.20. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover American Airlines Group.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The company had revenue of $11.11 billion for the quarter, compared to analyst estimates of $11.08 billion. During the same period in the prior year, the business posted $1.77 earnings per share. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year.

Several equities analysts have commented on AAL shares. Buckingham Research reissued a “buy” rating and set a $70.00 target price (up previously from $68.00) on shares of American Airlines Group in a research note on Monday, July 31st. Morgan Stanley reissued an “equal weight” rating and set a $52.00 target price (down previously from $54.00) on shares of American Airlines Group in a research note on Thursday, August 17th. 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 cut shares of American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $53.62 target price on the stock. in a research note on Monday, May 29th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. American Airlines Group currently has a consensus rating of “Hold” and a consensus target price of $56.78.

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In other news, EVP Elise R. Eberwein sold 50,000 shares of American Airlines Group stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $50.35, for a total value of $2,517,500.00. Following the transaction, the executive vice president now directly owns 312,368 shares of the company’s stock, valued at $15,727,728.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ray M. Robinson sold 3,476 shares of American Airlines Group stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total transaction of $162,537.76. Following the completion of the transaction, the director now directly owns 29,938 shares in the company, valued at $1,399,900.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 63,476 shares of company stock worth $3,159,738. 0.64% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new position in shares of American Airlines Group in the second quarter worth approximately $106,000. Westside Investment Management Inc. increased its position in shares of American Airlines Group by 3.5% in the second quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock worth $111,000 after acquiring an additional 72 shares in the last quarter. WFG Advisors LP increased its position in shares of American Airlines Group by 28.1% in the second quarter. WFG Advisors LP now owns 2,367 shares of the airline’s stock worth $119,000 after acquiring an additional 519 shares in the last quarter. D. Scott Neal Inc. purchased a new position in shares of American Airlines Group in the second quarter worth approximately $120,000. Finally, First Manhattan Co. increased its position in shares of American Airlines Group by 3.3% in the second quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock worth $119,000 after acquiring an additional 75 shares in the last quarter. 81.53% of the stock is currently owned by institutional investors and hedge funds.

Shares of American Airlines Group (NASDAQ AAL) traded down 0.41% on Friday, reaching $46.00. 14,846,236 shares of the company’s stock traded hands. The firm has a market capitalization of $22.40 billion, a price-to-earnings ratio of 11.42 and a beta of 0.98. American Airlines Group has a 52 week low of $33.90 and a 52 week high of $54.48. The company has a 50 day moving average price of $46.92 and a 200 day moving average price of $46.75.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 14th were paid a $0.10 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.87%. American Airlines Group’s dividend payout ratio is currently 9.88%.

About American Airlines Group

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.

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