JBLU - JetBlue Airways Corp Stock Price, Fair Value and News

5.68USD+0.02 (+0.35%)Market Closed

Market Summary

USD5.68+0.02

Market Closed

0.35%

JBLU Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

JBLU Stock Price

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JBLU RSI Chart

JBLU Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

-2.31

Price/Sales (Trailing)

0.2

EV/EBITDA

-49.07

Price/Free Cashflow

9.69

JBLU Price/Sales (Trailing)

JBLU Profitability

EBT Margin

-8.79%

Return on Equity

-31.67%

Return on Assets

-6.08%

Free Cashflow Yield

10.32%

JBLU Fundamentals

JBLU Revenue

Revenue (TTM)

9.5B

Rev. Growth (Yr)

-5.11%

Rev. Growth (Qtr)

-4.97%

JBLU Earnings

Earnings (TTM)

-834.0M

Earnings Growth (Yr)

-272.92%

Earnings Growth (Qtr)

-595.15%

Breaking Down JBLU Revenue

52 Week Range

4.439.45

(Low)(High)

Last 7 days

-0.2%

Last 30 days

-16.6%

Trailing 12 Months

-19.8%

How does JBLU drawdown profile look like?

JBLU Financial Health

Current Ratio

0.54

Debt/Equity

1.78

Debt/Cashflow

0.04

JBLU Investor Care

Shares Dilution (1Y)

3.66%

Diluted EPS (TTM)

-2.46

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	9.5B	0	0	0
2023	9.8B	9.9B	9.7B	9.6B
2022	7.0B	8.0B	8.6B	9.2B
2021	2.1B	3.4B	4.9B	6.0B
2020	7.8B	5.9B	4.3B	3.0B
2019	7.8B	8.0B	8.0B	8.1B
2018	7.2B	7.3B	7.4B	7.7B
2017	6.6B	6.8B	6.9B	7.0B
2016	6.5B	6.5B	6.6B	6.6B
2015	6.0B	6.1B	6.3B	6.4B
2014	5.5B	5.6B	5.7B	5.8B
2013	5.1B	5.1B	5.3B	5.4B
2012	4.7B	4.8B	4.9B	5.0B
2011	3.9B	4.1B	4.3B	4.5B
2010	3.4B	3.5B	3.7B	3.8B
2009	0	3.4B	3.3B	3.3B
2008	0	0	0	3.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of JetBlue Airways Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	christie warren	acquired	20,060	5.015	4,000	chief operating officer
Apr 30, 2024	clark david christopher	acquired	7,973	5.015	1,590	head of revenue and planning
Apr 30, 2024	hurley ursula l	acquired	20,060	5.015	4,000	chief financial officer
Apr 12, 2024	christie warren	acquired	-	-	3,243	chief operating officer
Apr 12, 2024	nelson brandon	acquired	-	-	2,595	general counsel corp sec
Apr 12, 2024	nelson brandon	sold (taxes)	-7,186	6.87	-1,046	general counsel corp sec
Apr 12, 2024	christie warren	sold (taxes)	-5,427	6.87	-790	chief operating officer
Apr 12, 2024	geraghty joanna	acquired	-	-	16,219	ceo
Apr 12, 2024	geraghty joanna	sold (taxes)	-61,623	6.87	-8,970	ceo
Apr 11, 2024	clements carol ann	sold (taxes)	-97,334	6.83	-14,251	chief digital & tech officer

Which funds bought or sold JBLU recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Investors Research Corp	added	1.33	2,953	11,278	-%
May 06, 2024	Jefferies Financial Group Inc.	reduced	-100	-229,999	6.00	-%
May 06, 2024	Empowered Funds, LLC	added	41.56	3,779,570	8,013,930	0.14%
May 06, 2024	Merit Financial Group, LLC	added	11.39	9,945	70,551	-%
May 06, 2024	DUALITY ADVISERS, LP	sold off	-100	-347,558	-	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	27.59	114	275	-%
May 06, 2024	Quantbot Technologies LP	reduced	-68.33	-292,740	215,002	0.01%
May 06, 2024	Advisors Capital Management, LLC	sold off	-100	-87,000	-	-%
May 06, 2024	SG Americas Securities, LLC	new	-	1,285,000	1,285,000	0.01%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.45	567,281	2,159,380	0.02%

Are Funds Buying or Selling JBLU?

Are funds buying JBLU calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own JBLU

No. of Funds

Unveiling JetBlue Airways Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 22, 2024	galkin vladimir	5.3%	17,857,350	SC 13G
Feb 16, 2024	icahn carl c	-	0	SC 13D/A
Feb 13, 2024	vanguard group inc	11.12%	37,059,623	SC 13G/A
Feb 12, 2024	icahn carl c	4.14%	14,030,228	SC 13D
Jan 22, 2024	blackrock inc.	19.5%	64,849,387	SC 13G/A
Oct 06, 2023	blackrock inc.	18.4%	61,171,114	SC 13G/A
Jul 10, 2023	vanguard group inc	10.25%	33,606,466	SC 13G/A
Jul 07, 2023	blackrock inc.	11.7%	38,337,668	SC 13G/A
Feb 09, 2023	vanguard group inc	9.76%	31,605,973	SC 13G/A
Jan 27, 2023	blackrock inc.	8.9%	28,862,995	SC 13G/A

Recent SEC filings of JetBlue Airways Corp

View All Filings

Date Filed	Form Type	Document
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
Apr 25, 2024	10-Q	Quarterly Report
Apr 24, 2024	4	Insider Trading
Apr 23, 2024	8-K	Current Report
Apr 22, 2024	SC 13G	Major Ownership Report
Apr 15, 2024	4	Insider Trading
Apr 15, 2024	4	Insider Trading
Apr 15, 2024	4	Insider Trading

Peers (Alternatives to JetBlue Airways Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	33.7B	59.0B	13.33%	52.63%	6.72	0.57	9.34%	164.26%
UAL	17.3B	54.8B	22.00%	14.89%	6.45	0.32	12.31%	40.00%
LUV	16.2B	26.7B	-4.73%	-8.75%	49.95	0.6	7.60%	-43.44%
MID-CAP
AAL	9.3B	53.2B	3.56%	-0.77%	18.7	0.18	1.74%	-71.78%
ALK	5.5B	10.5B	1.58%	-0.71%	22.35	0.52	2.96%	315.25%
JBLU	1.9B	9.5B	-16.62%	-19.80%	-2.31	0.2	-2.60%	-178.93%
SMALL-CAP
ALGT	985.5M	2.5B	-17.89%	-48.17%	8.38	0.39	9.04%	4617.05%
ATSG	966.2M	2.1B	13.85%	-0.94%	16.02	0.47	1.23%	-69.62%
HA	648.1M	2.7B	-4.87%	53.94%	-2.16	0.24	-0.99%	-46.20%
SAVE	363.5M	5.3B	-25.06%	-79.15%	-0.75	0.07	-3.17%	-4.93%
MESA	35.2M	498.1M	-	-57.21%	-0.27	0.07	-6.20%	34.25%

JetBlue Airways Corp News

Latest updates

JetBlue Airways Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.0%	2,209	2,325	2,353	2,610	2,328	2,415	2,562	2,445	1,736	1,834	1,972	1,499	733	661	492	215	1,588	2,031	2,086	2,105	1,871
Costs and Expenses	22.4%	2,928	2,392	2,509	2,375	2,570	2,372	2,423	2,558	2,103	1,953	1,786	1,352	1,027	1,116	1,008	625	1,922	1,805	1,839	1,855	1,795
S&GA Expenses	-1.9%	77.00	79.00	80.00	82.00	76.00	73.00	81.00	78.00	57.00	53.00	60.00	47.00	23.00	26.00	24.00	8.00	53.00	75.00	74.00	75.00	66.00
EBITDA Margin	-130.3%	-0.01*	0.04*	0.05*	0.08*	0.04*	0.03*	0.01*	0.02*	0.06*	0.08*	0.03*	-0.20*	-0.57*	-0.41*	-0.13*	0.05*	0.12*	0.17*	0.16*	-	-
Interest Expenses	-41.5%	24.00	41.00	7.00	26.00	6.00	38.00	26.00	40.00	20.00	59.00	24.00	57.00	40.00	102	-8.00	27.00	18.00	9.00	18.00	19.00	20.00
Income Taxes	-628.6%	-51.00	-7.00	-21.00	78.00	-74.00	-17.50	48.00	37.00	-143	-34.00	60.00	-7.00	-100	-138	-185	-130	-86.00	59.00	67.00	57.00	16.00
Earnings Before Taxes	-597.3%	-767	-110	-174	216	-266	7.00	105	-151	-398	-163	190	57.00	-347	-511	-578	-450	-354	220	254	236	58.00
EBT Margin	-153.1%	-0.09*	-0.03*	-0.02*	0.01*	-0.03*	-0.05*	-0.07*	-0.07*	-0.04*	-0.04*	-0.13*	-0.41*	-0.90*	-0.64*	-0.27*	-0.06*	0.05*	0.09*	0.09*	-	-
Net Income	-595.1%	-716	-103	-153	138	-192	24.00	57.00	-188	-255	-129	130	64.00	-247	-373	-393	-320	-268	161	187	179	42.00
Net Income Margin	-172.4%	-0.09*	-0.03*	-0.02*	0.00*	-0.03*	-0.04*	-0.06*	-0.06*	-0.03*	-0.03*	-0.09*	-0.28*	-0.63*	-0.46*	-0.19*	-0.04*	0.03*	0.07*	0.07*	-	-
Free Cashflow	337.2%	204	-86.00	-177	258	405	58.00	22.00	52.00	247	-113	97.00	1,481	177	-460	-446	99.00	124	251	230	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.0%	13,721	13,853	13,412	13,481	13,227	13,045	13,330	13,543	13,803	13,642	14,069	14,415	13,660	13,406	13,433	14,027	12,340	11,918	11,319	11,236	11,115
Current Assets	0.2%	2,164	2,160	1,970	2,230	2,098	1,916	2,611	2,994	3,272	3,245	3,690	4,196	3,608	3,345	3,455	3,777	2,194	1,786	1,460	1,469	1,521
Cash Equivalents	6.1%	1,237	1,166	973	1,462	1,333	1,188	1,401	1,611	1,834	2,018	2,193	2,409	2,358	1,969	2,453	2,561	1,618	1,018	695	461	464
Inventory	1.8%	111	109	97.00	89.00	76.00	87.00	79.00	73.00	68.00	74.00	64.00	59.00	68.00	71.00	70.00	71.00	81.00	81.00	84.00	85.00	86.00
Net PPE	2.8%	9,944	9,675	9,439	9,292	9,158	9,147	9,037	8,904	8,857	8,814	8,794	8,679	8,506	8,399	8,375	8,702	8,751	8,614	8,293	8,221	8,032
Current Liabilities	10.9%	4,022	3,628	3,723	3,890	4,010	3,748	3,903	4,065	4,026	3,417	3,566	3,973	3,131	2,674	2,808	3,985	3,622	2,663	2,759	2,889	2,851
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	984	983	-	-	-	-
Long Term Debt	6.2%	4,682	4,409	3,729	3,486	3,316	3,093	3,235	3,394	3,545	3,651	3,760	3,998	4,619	4,413	4,439	3,430	1,908	1,990	1,320	1,217	1,271
Shareholder's Equity	-21.1%	2,633	3,337	3,420	3,554	3,373	3,563	3,507	3,446	3,598	3,849	3,949	3,813	3,714	3,951	3,717	4,094	4,366	4,799	4,764	4,697	4,607
Retained Earnings	-33.9%	1,398	2,114	2,217	2,370	2,232	2,424	2,400	2,343	2,531	2,786	2,915	2,785	2,721	2,968	3,341	3,734	4,054	4,322	4,161	3,974	3,795
Additional Paid-In Capital	0.4%	3,233	3,221	3,192	3,183	3,139	3,129	3,102	3,095	3,058	3,047	3,018	3,012	2,975	2,959	2,355	2,340	2,294	2,253	2,228	2,221	2,186
Shares Outstanding	0.3%	340	339	333	333	328	327	324	324	321	320	318	318	317	316	273	272	270	282	288	-	-
Float	-	-	-	-	3,000	-	-	-	2,700	-	-	-	5,300	-	-	-	3,000	-	-	-	5,400	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	337.2%	204	-86.00	-177	258	405	58.00	22.00	52.00	247	-113	97.00	1,481	177	-460	-446	99.00	124	251	230	548	420
Share Based Compensation	50.0%	12.00	8.00	9.00	12.00	10.00	5.00	7.00	7.00	11.00	5.00	6.00	9.00	8.00	8.00	5.00	6.00	9.00	7.00	7.00	8.00	9.00
Cashflow From Investing	11.5%	-399	-451	-552	-335	-40.00	-261	-162	-151	-334	31.00	-13.00	-774	52.00	-764	-180	-226	-179	-552	-9.00	-399	-169
Cashflow From Financing	-63.0%	271	732	241	208	-74.00	-93.00	-66.00	-112	-89.00	-93.00	-294	-655	212	614	60.00	1,595	714	562	14.00	-148	-263
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	160	161	125	125	125

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JBLU Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues [Abstract]
Total operating revenues	$ 2,209	$ 2,328
OPERATING EXPENSES
Aircraft fuel	625	785
Salaries, wages and benefits	823	741
Landing fees and other rents	165	160
Depreciation and amortization	158	151
Aircraft rent	27	32
Sales and marketing	77	76
Maintenance, materials and repairs	132	176
Special items	562	112
Other operating expenses	359	337
Total operating expenses	2,928	2,570
OPERATING LOSS	(719)	(242)
OTHER INCOME (EXPENSE)
Interest expense	(53)	(46)
Interest income	19	12
Capitalized interest	4	5
Gain (loss) on investments, net	(22)	3
Other	4	2
Total other expense	(48)	(24)
LOSS BEFORE INCOME TAXES	(767)	(266)
Income tax benefit	51	74
NET LOSS	$ (716)	$ (192)
LOSS PER COMMON SHARE
Basic (in dollars per share)	$ (2.11)	$ (0.58)
Diluted (in dollars per share)	$ (2.11)	$ (0.58)
Passenger
Revenues [Abstract]
Total operating revenues	$ 2,055	$ 2,182
Other
Revenues [Abstract]
Total operating revenues	$ 154	$ 146

JBLU Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 1,237	$ 1,166
Investment securities	326	401
Receivables, less allowance (2024 - $4; 2023 - $3)	362	336
Inventories, less allowance (2024 - $37; 2023 - $35)	111	109
Prepaid expenses and other	128	148
Total current assets	2,164	2,160
PROPERTY AND EQUIPMENT
Flight equipment	13,050	12,796
Pre-delivery deposits for flight equipment	389	393
Total flight equipment and pre-delivery deposits, gross	13,439	13,189
Less accumulated depreciation	3,974	4,021
Total flight equipment and pre-delivery deposits, net	9,465	9,168
Other property and equipment, gross	1,300	1,310
Less accumulated depreciation	821	803
Total other property and equipment, net	479	507
Total property and equipment, net	9,944	9,675
OPERATING LEASE ASSETS	571	593
OTHER ASSETS
Investment securities	145	163
Restricted cash	156	151
Intangible assets, net of accumulated amortization (2024 - $534; 2023 - $518)	383	349
Other	358	762
Total other assets	1,042	1,425
TOTAL ASSETS	13,721	13,853
CURRENT LIABILITIES
Accounts payable	647	641
Air traffic liability	1,723	1,463
Accrued salaries, wages and benefits	597	591
Other accrued liabilities	613	509
Current operating lease liabilities	112	117
Current maturities of long-term debt and finance lease obligations	330	307
Total current liabilities	4,022	3,628
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS	4,682	4,409
LONG-TERM OPERATING LEASE LIABILITIES	528	547
DEFERRED TAXES AND OTHER LIABILITIES
Deferred income taxes	689	743
Air traffic liability - non-current	743	740
Other	424	449
Total deferred taxes and other liabilities	1,856	1,932
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; 25 shares authorized, none issued	0	0
Common stock, $0.01 par value; 900 shares authorized, 500 and 499 shares issued and 340 and 339 shares outstanding at March 31, 2024 and December 31, 2023, respectively	5	5
Treasury stock, at cost; 160 and 159 shares at March 31, 2024 and December 31, 2023, respectively	(2,002)	(1,999)
Additional paid-in capital	3,233	3,221
Retained earnings	1,398	2,114
Accumulated other comprehensive loss	(1)	(4)
Total stockholders’ equity	2,633	3,337
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 13,721	$ 13,853

About JetBlue Airways Corp

JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2022, the company operated a fleet of 63 Airbus A321 aircraft, 14 Airbus A220 aircraft, 23 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 100 destinations in the 32 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast. The company was incorporated in 1998 and is based in Long Island City, New York.

CEO	Mr. Robin N. Hayes
WEBSITE	jetblue.com
INDUSTRY	Airlines
EMPLOYEES	20729

JetBlue Airways Corp Frequently Asked Questions

What is the ticker symbol for JetBlue Airways Corp? What does JBLU stand for in stocks?

JBLU is the stock ticker symbol of JetBlue Airways Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of JetBlue Airways Corp (JBLU)?

As of Tue May 07 2024, market cap of JetBlue Airways Corp is 1.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of JBLU stock?

You can check JBLU's fair value in chart for subscribers.

What is the fair value of JBLU stock?

You can check JBLU's fair value in chart for subscribers. The fair value of JetBlue Airways Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of JetBlue Airways Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for JBLU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is JetBlue Airways Corp a good stock to buy?

The fair value guage provides a quick view whether JBLU is over valued or under valued. Whether JetBlue Airways Corp is cheap or expensive depends on the assumptions which impact JetBlue Airways Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for JBLU.

What is JetBlue Airways Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, JBLU's PE ratio (Price to Earnings) is -2.31 and Price to Sales (PS) ratio is 0.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. JBLU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on JetBlue Airways Corp's stock?

In the past 10 years, JetBlue Airways Corp has provided -0.039 (multiply by 100 for percentage) rate of return.