NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of four cents per share. At a price of $16.90 as of 9:31 a.m. ET, the dividend yield is 1%.
The average volume for Skywest has been 247,700 shares per day over the past 30 days. Skywest has a market cap of $899.6 million and is part of the
industry. Shares are up 8.2% year to date as of the close of trading on Friday.
SkyWest, Inc., through its subsidiaries, operates as a regional airline in the United States. The company has a P/E ratio of 9.8, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Skywest as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full