SkyWest (SKYW) Projected to Announce Quarterly Earnings on Thursday

SkyWest (NASDAQ:SKYW) is projected to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $3.07 per share and revenue of $1.14 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

SkyWest Stock Performance

Shares of SKYW opened at $94.10 on Tuesday. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 1.35 and a beta of 1.47. SkyWest has a 12 month low of $77.89 and a 12 month high of $117.72. The firm has a fifty day simple moving average of $97.30 and a 200 day simple moving average of $96.26. The company has a current ratio of 0.57, a quick ratio of 0.46 and a debt-to-equity ratio of 0.59.

SkyWest announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 23rd that allows the company to buy back $250 million in shares. This repurchase authorization allows the transportation company to purchase up to 6.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. The Goldman Sachs Group cut shares of SkyWest from a “buy” rating to a “neutral” rating and cut their price target for the stock from $126.00 to $115.00 in a research report on Thursday, July 2nd. Cantor Fitzgerald set a $116.00 price objective on shares of SkyWest in a research note on Friday, October 2nd. TD Cowen decreased their price objective on SkyWest from $123.00 to $116.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SkyWest in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $113.00.

Insiders Place Their Bets

In other news, CFO Robert Simmons sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $110.49, for a total transaction of $2,762,250.00. Following the sale, the chief financial officer owned 93,902 shares in the company, valued at $10,375,231.98. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Greg Wooley sold 17,726 shares of the stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $108.55, for a total value of $1,924,157.30. Following the completion of the sale, the vice president directly owned 53,323 shares of the company’s stock, valued at approximately $5,788,211.65. The trade was a 24.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 64,726 shares of company stock valued at $7,138,087 in the last 90 days. 1.50% of the stock is currently owned by insiders.

SkyWest Company Profile

SkyWest, Inc (NASDAQ: SKYW) is an airline holding company that operates regional passenger air service in the United States. Its primary subsidiary, SkyWest Airlines, connects smaller and midsized communities with larger airline hubs and provides scheduled flights under capacity-purchase agreements with major airline partners.

SkyWest Airlines operates flights under the United Express, Delta Connection and Alaska Airlines brands, serving destinations throughout the United States and select locations in Canada, Mexico and the Bahamas.