BMO Capital has initiated coverage on Southwest Airlines Co (LUV) with a Market Perform rating, reflecting its initial assessment of the airline's investment potential. The decision, announced on December 8, 2025, comes as Southwest Airlines operates over 803 Boeing 737 aircraft and serves 117 destinations across the U.S. and several near-international locations.
The airline, headquartered in Dallas, Texas, employs 72,242 full-time staff and offers various fare products, including Wanna Get Away and Business Select. Its ancillary services enhance customer experience, while the Rapid Rewards loyalty program allows members to earn points on purchases.
As of November 20, 2025, Southwest Airlines holds a market cap of $16.5 billion, with a P/E ratio of 43.56 and an EPS of 0.65. The upcoming earnings report is scheduled for July 22, 2026, with an estimated EPS of $1.05 and revenue of $8.0 billion. Analyst consensus currently indicates 1 Strong Buy, 5 Buy, 13 Hold, 10 Sell, and 1 Strong Sell, with an overall consensus rating of Hold.
Analyst ratings serve as professional opinions based on extensive research and financial modeling. While they provide valuable insights, they should be considered alongside other factors such as company fundamentals and market conditions.
This update provides insight into the evolving landscape of analyst coverage on Southwest Airlines Co (LUV).