Recent Investment Analysts’ Ratings Changes for Southwest Airlines (LUV)

Southwest Airlines (NYSE: LUV) recently received a number of ratings updates from brokerages and research firms:

• 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.
• 4/27/2026 – Southwest Airlines had its price target lowered by Jefferies Financial Group Inc. from $42.00 to $37.00. They now have a “hold” rating on the stock.
• 4/27/2026 – Southwest Airlines had its price target raised by TD Cowen from $46.00 to $47.00. They now have a “buy” rating on the stock.
• 4/24/2026 – Southwest Airlines was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 4/24/2026 – Southwest Airlines had its price target lowered by Argus from $55.00 to $45.00. They now have a “buy” rating on the stock.
• 4/24/2026 – Southwest Airlines had its price target raised by Raymond James Financial, Inc. from $45.00 to $55.00. They now have an “outperform” rating on the stock.
• 4/24/2026 – Southwest Airlines had its price target raised by Evercore Inc from $43.00 to $44.00.
• 4/24/2026 – Southwest Airlines was upgraded by HSBC Holdings plc from “reduce” to “hold”. They now have a $36.10 price target on the stock, up from $24.40.
• 4/21/2026 – Southwest Airlines had its price target raised by BNP Paribas Exane from $24.00 to $33.00. They now have an “underperform” rating on the stock.

Southwest Airlines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, June 11th. Southwest Airlines’s dividend payout ratio 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.