Analysts’ Recent Ratings Changes for Southwest Airlines (LUV)

A number of firms have modified their ratings and price targets on shares of Southwest Airlines (NYSE: LUV) recently:

• 6/27/2026 – Southwest Airlines was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/26/2026 – Southwest Airlines had its price target raised by Citigroup Inc. from $44.00 to $55.00. They now have a “neutral” rating on the stock.
• 6/25/2026 – Southwest Airlines was upgraded by Zacks Research from “strong sell” to “hold”.
• 6/25/2026 – Southwest Airlines had its price target raised by Evercore Inc from $44.00 to $52.00.
• 6/25/2026 – Southwest Airlines had its price target raised by Barclays PLC from $56.00 to $65.00. They now have an “overweight” rating on the stock.
• 6/23/2026 – Southwest Airlines had its price target raised by UBS Group AG from $53.00 to $61.00. They now have a “buy” rating on the stock.
• 6/16/2026 – Southwest Airlines had its price target raised by Jefferies Financial Group Inc. from $37.00 to $44.00. They now have a “hold” rating on the stock.
• 6/8/2026 – Southwest Airlines was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 6/6/2026 – Southwest Airlines was upgraded by Wall Street Zen from “hold” to “buy”.
• 6/1/2026 – Southwest Airlines had its price target raised by Morgan Stanley from $55.00 to $60.00. They now have an “overweight” rating on the stock.
• 5/27/2026 – Southwest Airlines was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/26/2026 – Southwest Airlines had its price target raised by UBS Group AG from $49.00 to $53.00. They now have a “buy” rating on the stock.

Southwest Airlines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be given a $0.18 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.72 annualized dividend and a yield of 1.4%. Southwest Airlines’s dividend payout ratio (DPR) is presently 46.45%.

Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.

Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.