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OTCMKTS:LTMAY

LATAM Airlines Group (LTMAY) Stock Price, News & Analysis

$97.00
0.00 (0.00%)
(As of 07/24/2024)
Today's Range
$97.00
$97.00
50-Day Range
$97.00
$1,078.80
52-Week Range
$0.04
$0.80
Volume
N/A
Average Volume
351,154 shs
Market Capitalization
$58.71 trillion
P/E Ratio
N/A
Dividend Yield
0.48%
Price Target
N/A
LTMAY stock logo

About LATAM Airlines Group Stock (OTCMKTS:LTMAY)

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. It offers other services, such as ground handling, courier, logistics, and maintenance services. As of December 31, 2023, the company provides passenger transport services to 148 destinations in 26 countries and cargo services to 166 destinations in 33 countries; and operated 333 fleet of aircraft. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile.

LTMAY Stock Price History

LTMAY Stock News Headlines

LATAM Airlines: Back From The Grave
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
What Wall Street expects from LATAM Airlines Group's earnings
Is LATAM Airlines Stock A Buy After Relisting?
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
LATAM Airlines Group S.A. (LTMAY)
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
8/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
N/A
Current Symbol
OTCMKTS:LTMAY
Employees
35,568
Year Founded
N/A

Profitability

Net Income
$581.83 million
Pretax Margin
6.24%

Debt

Sales & Book Value

Annual Sales
$11.64 billion
Cash Flow
$1.92 per share

Miscellaneous

Outstanding Shares
605,231,808,000
Free Float
557,963,207,000
Market Cap
$58.71 trillion
Optionable
Not Optionable
Beta
3.75
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Key Executives

  • Mr. Roberto Alvo Milosawlewitsch (Age 55)
    Chief Executive Officer
  • Mr. Ramiro Diego Alfonsin Balza
    Chief Financial Officer
  • Mr. Hernan Pasman
    Chief Operating Officer
  • Mr. Andrés Del Valle Eitel (Age 65)
    Senior Vice President of Corporate Finance
  • Tori Creighton
    Head of Investor Relations
  • Mr. Juan Carlos Menció
    Chief Legal Officer
  • Mr. Emilio del Real Sota (Age 59)
    Chief People Officer
  • Mr. Paulo Miranda
    Chief Customer Officer
  • Ms. Juliana Rio
    Chief Digital & IT Officer
  • Mr. Juan Jose Toha
    Director of Corporate Affairs & Sustainability

Should I Buy LATAM Airlines Group Stock? LTMAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in LATAM Airlines:

  • LATAM Airlines considering purchasing up to 30 Embraer jets could lead to fleet expansion and improved operational efficiency.
  • Expansion of operations in Latin America's largest economy, Brazil, could open up new revenue streams and market opportunities for LATAM Airlines.
  • Recent developments in the airline industry, such as potential fleet upgrades, can enhance the company's competitive position and attract more customers.
  • Positive market sentiment towards LATAM Airlines following news of potential aircraft purchases may drive stock price growth.
  • Strategic partnerships and alliances in the aviation sector can strengthen LATAM Airlines' market presence and global reach.

Cons

Investors should be bearish about investing in LATAM Airlines for these reasons:

  • Volatility in the aviation industry due to factors like fuel prices, geopolitical events, and regulatory changes can impact LATAM Airlines' financial performance.
  • High capital expenditure requirements for aircraft purchases and maintenance could strain the company's financial resources.
  • Uncertainty surrounding air travel demand and passenger preferences post-pandemic may pose challenges for LATAM Airlines' revenue generation.
  • Competitive landscape in the airline industry with other major carriers vying for market share could lead to pricing pressures and reduced profitability for LATAM Airlines.
  • Exchange rate fluctuations and economic instability in Latin American countries where LATAM Airlines operates may affect the company's earnings and financial stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these LATAM Airlines Group pros and cons to contact@marketbeat.com.

LTMAY Stock Analysis - Frequently Asked Questions

How have LTMAY shares performed this year?

LATAM Airlines Group's stock was trading at $1,180.00 on January 1st, 2024. Since then, LTMAY stock has decreased by 91.8% and is now trading at $97.00.
View the best growth stocks for 2024 here
.

How were LATAM Airlines Group's earnings last quarter?

LATAM Airlines Group S.A. (OTCMKTS:LTMAY) released its quarterly earnings results on Thursday, February, 22nd. The company reported $380.00 EPS for the quarter. The business earned $3.21 billion during the quarter. LATAM Airlines Group had a trailing twelve-month return on equity of 169.16% and a net margin of 5.93%.

When did LATAM Airlines Group's stock split?

LATAM Airlines Group's stock reverse split on Wednesday, July 24th 2024. The 1-2000 reverse split was announced on Wednesday, July 24th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, July 24th 2024. An investor that had 100 shares of stock prior to the reverse split would have 0 shares after the split.

How do I buy shares of LATAM Airlines Group?

Shares of LTMAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LTMAY) was last updated on 8/22/2024 by MarketBeat.com Staff

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