An update from SkyWest ( (SKYW) ) is now available.
On May 6, 2025, SkyWest, Inc.’s Board of Directors approved a $250 million increase to its existing share repurchase plan, allowing the company to buy back shares of common stock at prevailing market prices. This decision supplements a previous plan from May 2023, which had authorized up to $250 million in repurchases, with $22 million remaining after $12 million was repurchased in April 2025. The new authorization brings the total potential repurchase amount to approximately $272 million. The move reflects SkyWest’s strategic financial management and could impact its stock value and shareholder returns.
Spark’s Take on SKYW Stock
According to Spark, TipRanks’ AI Analyst, SKYW is a Outperform.
SkyWest’s overall stock score reflects strong financial performance and positive earnings outlook, supported by strategic fleet expansion and effective cash flow management. The technical indicators and valuation suggest a cautious but stable position, with challenges in macroeconomic conditions and operational bottlenecks posing potential risks. The company’s strategic initiatives and solid financial foundation position it well for future growth, though investors should remain mindful of external uncertainties.
To see Spark’s full report on SKYW stock, click here.
More about SkyWest
SkyWest, Inc. is the holding company for SkyWest Airlines, SkyWest Charter, and SkyWest Leasing, an aircraft leasing company. SkyWest Airlines operates a fleet of approximately 500 aircraft, connecting passengers to over 240 destinations throughout North America through partnerships with major airlines such as United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines. In 2024, SkyWest Airlines carried more than 42 million passengers.
Average Trading Volume: 499,225
Technical Sentiment Signal: Buy
Current Market Cap: $3.81B
Find detailed analytics on SKYW stock on TipRanks’ Stock Analysis page.