SkyWest stock gains 1.45 percent as buyback stays in view
Published on 09/24/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SkyWest stock was trading at USD 100.71 on Nasdaq on September 24, 2026 at 3:57 p.m. ET, up 1.45 percent from the prior close of USD 99.27. The move comes as investors weigh a new institutional filing against the regional airline's latest quarterly earnings and capital-return plans.
Institutional buying meets buyback
MarketBeat reported on September 24, 2026 that Bank of America purchased 244,181 SkyWest shares during the second quarter, taking a 0.63 percent stake. The filing adds a concrete ownership signal while the stock remains USD 17.01 below its 52-week high of USD 117.72.
SkyWest also has a USD 250 million share repurchase authorization, according to MarketBeat. That amount gives the company an additional capital-allocation tool after the second quarter results, although the authorization itself does not guarantee a specific purchase pace.
Revenue grows while EPS misses
SkyWest reported second quarter revenue of USD 1.10 billion, up 6.5 percent year over year, while diluted EPS was USD 2.54 versus the USD 2.70 consensus estimate, according to MarketBeat. The USD 0.16 EPS shortfall is the key counterweight to the revenue increase and helps explain why the stock still trades below its yearly peak.
The underlying quarterly figures show the scale of the business. SkyWest generated USD 155.83 million in operating profit and USD 100.70 million in consolidated net income in Q2 2026, while operating cash flow reached USD 291.862 million. Revenue also rose from USD 1.013 billion in Q1 2026 to USD 1.103 billion in Q2 2026, a sequential increase of 8.8 percent.
Stock remains below yearly high
SkyWest's market capitalization stood at USD 3,994,186,900 on September 24, 2026. The 52-week range of USD 77.89 to USD 117.72 places the intraday price 14.45 percent below the high and 29.30 percent above the low, giving the current quote a middle position within its annual trading band.
SkyWest stock was trading at USD 100.71 on Nasdaq on September 24, 2026 at 3:57 p.m. ET. The daily gain and the buyback authorization provide a positive market signal, while the Q2 EPS comparison keeps earnings execution central to the valuation discussion.
SkyWest market snapshot
- Company: SkyWest, Inc.
- Ticker: SKYW
- Trading venue: NASDAQ
- Price: USD 100.71, September 24, 2026 at 3:57 p.m. ET
- Market capitalization: USD 3,994,186,900 as of September 24, 2026
- 52-week range: USD 77.89-117.72 as of September 24, 2026
- Sector / Industry: Transportation / Regional airlines
