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OTCMKTS:LTMAY

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

$0.46
-0.01 (-2.12%)
(As of 07/8/2024 ET)
Today's Range
$0.46
$0.47
50-Day Range
$0.45
$0.58
52-Week Range
$0.44
$0.90
Volume
77,634 shs
Average Volume
113,276 shs
Market Capitalization
$280.07 billion
P/E Ratio
N/A
Dividend Yield
0.05%
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

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LATAM Airlines Group S.A. (LTMAY)
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A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
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
7/08/2024
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
$0.00 per share

Miscellaneous

Outstanding Shares
605,231,810,000
Free Float
557,963,207,000
Market Cap
$280.07 billion
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 expanding international routes, increasing connectivity and potential revenue streams.
  • Recent increase in frequency of Brazil international flights indicates growth and market demand.
  • Strong presence in multiple countries across Latin America, North America, Europe, and Oceania provides diversification and market reach.
  • Opportunities for revenue growth through additional services like ground handling, courier, logistics, and maintenance services.
  • Current stock price is showing positive momentum, potentially indicating investor confidence and future growth prospects.

Cons

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

  • Volatility in the airline industry due to external factors like fuel prices, geopolitical events, and global economic conditions.
  • Competition from other airlines in the regions served by LATAM Airlines may impact market share and profitability.
  • Regulatory challenges and changes in aviation policies could affect operations and financial performance.
  • Dependence on air travel demand, which can be sensitive to economic downturns and global crises.
  • Risks associated with currency fluctuations, especially in countries where LATAM Airlines operates, impacting financial results.
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 Sunday, July 7, 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 $0.59 at the beginning of 2024. Since then, LTMAY stock has decreased by 21.6% and is now trading at $0.4628.
View the best growth stocks for 2024 here
.

How were LATAM Airlines Group's earnings last quarter?

LATAM Airlines Group S.A. (OTCMKTS:LTMAY) issued its earnings results on Thursday, February, 22nd. The company reported $0.19 earnings per share for the quarter. The company 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%.

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 7/9/2024 by MarketBeat.com Staff

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