SkyWest (SKYW) to Release Quarterly Earnings on Thursday

SkyWest (NASDAQ:SKYW) is expected to be releasing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect SkyWest to post earnings of $2.18 per share and revenue of $993.06 million for the quarter. Parties may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:30 PM ET.

SkyWest (NASDAQ:SKYW) last released its quarterly earnings data on Thursday, January 29th. The transportation company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.04). The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $993.12 million. SkyWest had a net margin of 10.56% and a return on equity of 16.35%. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.34 earnings per share. On average, analysts expect SkyWest to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

SkyWest Stock Down 3.4%

Shares of SkyWest stock opened at $95.89 on Tuesday. The company has a 50-day simple moving average of $96.63 and a two-hundred day simple moving average of $98.99. The stock has a market capitalization of $3.85 billion, a PE ratio of 9.26, a price-to-earnings-growth ratio of 1.35 and a beta of 1.63. SkyWest has a 52-week low of $82.14 and a 52-week high of $123.94. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.55 and a current ratio of 0.65.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. TD Cowen reduced their price target on shares of SkyWest from $122.00 to $106.00 and set a “buy” rating for the company in a research report on Friday. Citigroup cut their target price on SkyWest from $112.00 to $101.00 and set a “neutral” rating on the stock in a research note on Friday, March 20th. Cantor Fitzgerald set a $122.00 target price on SkyWest in a report on Monday, January 26th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of SkyWest in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, SkyWest currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.80.

Insider Activity at SkyWest

In other news, insider Wade J. Steel sold 20,629 shares of SkyWest stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $106.53, for a total value of $2,197,607.37. Following the completion of the sale, the insider directly owned 77,438 shares in the company, valued at $8,249,470.14. The trade was a 21.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SkyWest

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in SkyWest by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,590 shares of the transportation company’s stock valued at $2,061,000 after buying an additional 1,034 shares during the last quarter. United Services Automobile Association bought a new position in shares of SkyWest during the 1st quarter valued at $227,000. M&T Bank Corp boosted its stake in shares of SkyWest by 7.6% in the 2nd quarter. M&T Bank Corp now owns 2,825 shares of the transportation company’s stock worth $290,000 after buying an additional 199 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of SkyWest by 118.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock worth $64,000 after buying an additional 339 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of SkyWest by 8.8% in the second quarter. First Trust Advisors LP now owns 85,577 shares of the transportation company’s stock worth $8,812,000 after acquiring an additional 6,938 shares during the period. Hedge funds and other institutional investors own 81.30% of the company’s stock.

SkyWest Company Profile

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.