SKYWEST INC
In the published model solve dated 2026-Q2, anchored at $116.03, SKYWEST INC (SKYW) is priced for -1.4% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.
• SkyWest is less an airline than a contracted capacity utility: roughly 96% of revenue flows through flying agreements where United, Delta, American, and Alaska pay ⟦"total projected fixed monthly payments per aircraft"⟧ (FY2025 10-K, accession 0001104659-26-016358), and Q1 2026 delivered $102 million of net income on $1.01 billion of revenue. • The core risk is that SkyWest's customers own its competitors: the majors can shift flying to wholly-owned regionals like Endeavor, Envoy, and Horizon
Is SKYW overvalued? See what's priced in →
342 institutional managers reported holding SKYW in 13F filings for the quarter ended 2026-03-31. Together they hold about 90% of the company; the top 10 hold 58%. 31 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 1.6M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SKYW has cut its share count 20.6% over the past five years, spending $344.28M on repurchases. It pays no dividend. Cash returned over the past three years: $148.28M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at SKYW over the trailing three years. Absence is a fact about the company, not a signal. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SKYW's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2022-02-18 | -24.1% | +3.7% |
| 2022-05-06 | -6.3% | -21.3% |
| 2022-08-05 | +9.1% | -29.1% |
| 2022-11-05 | -4.0% | +4.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SKYW's latest 8-K filings: 2026-07-23 (items 2.02, 8.01, 9.01); 2026-05-07 (items 5.07); 2026-04-23 (items 2.02, 9.01); 2026-01-29 (items 2.02, 9.01); 2025-10-30 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.