Spirit Airlines Stock Symbol SAVE NYSE Listings and Trends

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Spirit Airlines in Flight
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Spirit Airlines is a popular budget airline known for its affordable fares and convenient routes.

The stock symbol for Spirit Airlines is SAVE, listed on the New York Stock Exchange (NYSE).

Spirit Airlines has been a publicly traded company since 2011, giving investors a chance to own a piece of the airline.

With a market capitalization of over $5 billion, Spirit Airlines is a significant player in the airline industry.

Stock Market and Listings

Spirit Airlines is listed on the NASDAQ stock exchange under the ticker symbol SAVE. This means you can easily look up their current stock price and performance.

Spirit Airlines' market capitalization is around $2.5 billion, which is a significant amount of money. This indicates the value of the company as a whole.

To buy or sell Spirit Airlines stock, you'll need to open an account with a brokerage firm or use a trading platform.

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Income Statement

Spirit Airlines has filed for bankruptcy, which will likely impact their income statement.

Credit: youtube.com, How to Read and Analyze an Income Statement | Stock Market Investing for Beginners

The airline's financial struggles are a major concern for investors.

Bondholders will take over the company as a result of the bankruptcy filing.

This change in ownership may affect the company's ability to manage its finances, including its income statement.

Spirit Airlines has announced a comprehensive agreement to deleverage its balance sheet, which should position the company for long-term success.

The company aims to become a leading low-fare carrier, which may require significant changes to its income statement.

NYSE to Delist Save

The NYSE has announced that it will be delisting Spirit Airlines, Inc. (SAVE) due to a determination made by the staff of NYSE Regulation.

This move is a result of the Exchange's decision to commence proceedings against SAVE. The NYSE is a major stock exchange that plays a crucial role in the US financial markets.

The delisting proceedings against SAVE were announced in a statement by the NYSE. This is a significant development for investors who hold shares of the airline company.

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Credit: youtube.com, What Happens When A Stock Is Delisted From The NYSE?

The NYSE's decision to delist SAVE will likely have a significant impact on the stock's trading and valuation. Delisting can make it more difficult for investors to buy and sell shares of the company.

The NYSE has a process in place for delisting companies, which involves a thorough review of the company's compliance with listing requirements. This process is designed to ensure that listed companies meet certain standards and requirements.

Delisting can be a result of various reasons, including non-compliance with listing requirements. In the case of SAVE, the NYSE has determined to commence proceedings against the company.

Analysts' Recommendations

Analysts' recommendations for Spirit Airlines have been mixed in recent weeks. Citigroup has adjusted its price target to $2.75 from $3.50, maintaining a sell rating.

Several analysts have downgraded Spirit Airlines to sell or underperform. TD Cowen downgraded the airline to sell from hold, with a price target of $2. Susquehanna trimmed its price target to $2.50 from $3, maintaining a negative rating.

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Deutsche Bank and Raymond James have also downgraded Spirit Airlines. Deutsche Bank downgraded the airline to sell from hold, trimming its price target to $2 from $3. Raymond James downgraded Spirit Airlines to underperform from market perform.

Here's a summary of the recent analyst recommendations for Spirit Airlines:

Travel

Traveling can be a thrilling experience, but it's essential to consider the financial aspects of your trips. Spirit Airlines, a popular low-cost carrier, has been paying dividends to its shareholders since 2010, but the amount has been zero for all years.

Spirit Airlines has been consistently paying no dividends since 2010, and the yield has been 0.00% for all the years provided. The currency used for these dividends is USD.

If you're planning a trip with Spirit Airlines, you might want to consider the airline's dividend history. However, it's worth noting that the airline's dividend payments have been zero for all the years listed.

Here's a brief overview of Spirit Airlines' dividend history:

Stock Price and Performance

Credit: youtube.com, Does Spirit Airlines (SAVE) Have a Lifeline After Bankruptcy?

Spirit Airlines' stock price has been quite volatile over the past year, with a staggering 84.48% drop in value.

The current share price is a mere $0.94, a far cry from its 52-week high of $8.34. This drastic decline is a significant concern for investors.

The 1-month change is a flat 0%, indicating a brief period of stability before the market's downturn. In contrast, the 3-month change is a more substantial -25.81%.

Here's a summary of Spirit Airlines' stock price performance over the past year:

Price History & Performance

Spirit Airlines' share price has been quite volatile, with a 52-week high of $8.34 and a low of $0.84. The current share price is $0.94.

The company's beta is 1.23, indicating that its stock price is relatively volatile compared to the overall market. Over the past year, the stock price has dropped by 84.48%.

In the last three months, the stock price has decreased by 25.81%. If you had invested in Spirit Airlines at its IPO, your investment would be worth 95.74% less than its initial value.

Here's a breakdown of the stock price changes over the past year:

Valuation: Inc

Credit: youtube.com, How to Tell If a Stock Is UNDERVALUED or OVERVALUED

Valuation is a crucial aspect of stock price and performance. The Enterprise value of Inc fluctuated significantly over the years, ranging from 5.58B to 1,071B.

One notable trend is the increasing Enterprise value, with the lowest recorded value being 5.58B and the highest being 1,071B. The P/E ratio, on the other hand, was negative in both 2024 and 2025, at -0.08x and -0.13x respectively.

The P/E ratio is an essential metric for investors, indicating the ratio of the stock's price to its earnings. In this case, Inc's P/E ratio was negative in both 2024 and 2025.

Here's a summary of the Enterprise value and P/E ratio for Inc:

Inc's Enterprise value and P/E ratio provide valuable insights into the company's valuation and stock performance.

Frequently Asked Questions

Is Spirit Airlines an LLC?

No, Spirit Airlines is a Delaware corporation, not a Limited Liability Company (LLC). It's publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol SAVE.

Is Spirit Airlines a private company?

No, Spirit Airlines is a publicly traded company. It has been listed on the stock market under the ticker symbol 'SAVE' since over a decade ago.

What is the symbol for Spirit Airlines?

The symbol for Spirit Airlines is SAVEQ, which is listed on the OTC Pink Market. Prior to November 19, 2024, the symbol was SAVE on the New York Stock Exchange.

Rosalie O'Reilly

Writer

Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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