Sun Country merges with Allegiant Air to create larger budget airline following Spirit Airlines shutdown
Las Vegas-based Allegiant said the transaction closed after receiving required regulatory and shareholder approvals.
SNCY - Sun Country Airlines Holdings, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$21.00
DETAILS
HIGH:
$29.00
LOW:
$13.00
MEDIAN:
$20.50
CONSENSUS:
$21.00
UPSIDE:
29.87%
Stock News
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
Allegiant's acquisition of rival low-cost airline Sun Country closed on Wednesday. The airlines announced a $1.5 billion cash and stock agreement, including debt, in January.
Allegiant Completes Acquisition of Sun Country Airlines, Creating the Leading Leisure-Focused U.S. Airline
Combination expands network, enhances scale, and strengthens diversified operations LAS VEGAS, May 13, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced it has successfully completed its acquisition of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY), bringing together two complementary carriers focused on affordable leisure travel. The transaction closed following satisfaction of customary closing conditions, including receipt of required regulatory approvals and approval by the shareholders of each of Allegiant and Sun Country.
Sun Country Unveils Retro Livery Honoring 43-Year Legacy
MINNEAPOLIS, May 12, 2026 (GLOBE NEWSWIRE) -- Sun Country Airlines has unveiled a special retro aircraft livery celebrating the airline's origins and honoring the people and communities who have shaped its 43-year journey. This is only Sun Country's second special livery.
Alignment Healthcare Set to Join S&P SmallCap 600
NEW YORK, May 11, 2026 /PRNewswire/ -- Alignment Healthcare Inc. (NASD: ALHC) will replace Sun Country Airlines Holdings Inc. (NASD: SNCY) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 14. S&P SmallCap 600 constituent Allegiant Travel Co. (NASD: ALGT) is acquiring Sun Country Airlines Holdings in a deal expected to close soon, pending final closing conditions.
Sun Country Airlines Shareholders Clear Allegiant Merger in Preliminary Vote
Sun Country Airlines NASDAQ: SNCY stockholders preliminarily approved the company's proposed merger agreement with Allegiant Travel Company at a special meeting held virtually on May 8, 2026, according to remarks made during the meeting by Rose Neale, Sun Country's senior vice president, chief legal officer and corporate secretary.
Implied Volatility Surging for Sun Country Airlines Stock Options
Investors need to pay close attention to SNCY stock based on the movements in the options market lately.
Spirit Airlines is no more, but discount plane tickets are here to stay
There's still a place for low-cost carriers, even if it's getting tougher for them to compete.
Analysts Estimate Sun Country Airlines Holdings, Inc. (SNCY) to Report a Decline in Earnings: What to Look Out for
Sun Country Airlines (SNCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY - Get Free Report) have received a consensus recommendation of "Hold" from the nine brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to
Sun Country Airlines Holdings Inc (SNCY) Shares Fall 4.5% -- GF Value Says Still Overvalued
On April 22, 2026, Sun Country Airlines Holdings Inc (SNCY) shares fell 4.5%, closing at $16.64. This decline comes amid a volatile price performance, with shar
Allegiant Announces Future Board Composition Following Sun Country Acquisition
LAS VEGAS, April 20, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced the anticipated structure of its Board of Directors following the acquisition of Sun Country Airlines (NASDAQ: SNCY). Upon closing, the Allegiant Board will expand from eight to eleven members with Jude Bricker, Jennifer Vogel and Thomas Kennedy, all current Sun Country Board members, to join Allegiant's Board at that time.
Allegiant-Sun Country's $1.5B Deal Secures Approval From the U.S. DOT
ALGT secures DOT approval for its $1.5B Sun Country deal, clearing a key hurdle as the airlines move closer to closing pending shareholder votes.
Allegiant and Sun Country Achieve Key Regulatory Milestone with DOT Approval
U.S. Department of Transportation Exemption Allows Both Airlines to Continue Operating Under Common Ownership Following Closing LAS VEGAS and MINNEAPOLIS, April 15, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) today announced that the U.S. Department of Transportation (DOT) has approved the joint interim exemption application of their respective airline subsidiaries that will allow both airlines to continue operating as separate carriers under common ownership after closing, pending further action by the DOT. This milestone marks a significant step toward completing Allegiant's previously announced proposed acquisition of Sun Country.
Sun Country Airlines Holdings Inc (SNCY) Shares Surge 4.0% -- What GF Score of 89 Tells Investors
On April 14, 2026, Sun Country Airlines Holdings Inc (SNCY) shares rose 4.0% today, bringing the current price to $17.97. The stock has shown strong price perfo
Are OMEX, PEN, SNCY, CWAN Obtaining Fair Deals for their Shareholders?
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws
Is Sun Country Airlines (SNCY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Sun Country Airlines Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sun Country Airlines Holdings, Inc. - SNCY
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sun Country Airlines Holdings, Inc. (NasdaqGS: SNCY) to Allegiant Travel Company (NasdaqGS: ALGT). Under the terms of the proposed transaction, shareholders of Sun Country will receive 0.1557 shares of Allegiant common stock and $4.10 in cash for each share of Sun Country that they own. KSF is seekin.
Is Sun Country Airlines (SNCY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Allegiant-Sun Country's $1.5B Deal Gains U.S. Antitrust Clearance
ALGT secures U.S. antitrust clearance for its $1.5B SNCY deal, moving closer to a 2026 close and a larger leisure airline network.
Price Targets
Sun Country Airlines Holdings (SNCY) PT Raised to $21 at TD Cowen
$21.00
(was $12.28)
Tom Fitzgerald
·
Cantor Fitzgerald
Sun Country Airlines price target raised to $13 from $11 at Susquehanna
$13.00
(was $11.84)
Christopher Stathoulopoulos
·
Susquehanna
Sun Country Airlines price target raised to $20 from $19 at Evercore ISI
$20.00
(was $11.78)
Evercore ISI
Goldman Sachs Resumes Sun Country Airlines Holdings (SNCY) at Neutral
$17.00
(was $15.43)
Catherine O'Brien
·
Goldman Sachs
Sun Country Airlines Holdings (SNCY) PT Lowered to $11 at Susquehanna
$11.00
(was $9.58)
Christopher Stathoulopoulos
·
Susquehanna
TD Cowen Reiterates Buy Rating on Sun Country Airlines Holdings (SNCY)
$20.00
(was $10.59)
Thomas Fitzgerald
·
Cantor Fitzgerald
Morgan Stanley Maintains Equal-Weight on Sun Country Airlines, Lowers Price Target to $26
$26.00
(was $18.39)
Morgan Stanley
Sun Country Airlines price target lowered to $20 from $23 at Susquehanna
$20.00
(was $14.06)
Christopher Stathoulopoulos
·
Susquehanna
Morgan Stanley Maintains Equal-Weight on Sun Country Airlines, Lowers Price Target to $28
$28.00
(was $18.60)
Morgan Stanley
Deutsche Bank Maintains Buy on Sun Country Airlines, Lowers Price Target to $29
$29.00
(was $19.77)
Deutsche Bank
Susquehanna Maintains Positive on Sun Country Airlines, Lowers Price Target to $23
$23.00
(was $19.60)
Susquehanna
Evercore ISI Group Maintains Outperform on Sun Country Airlines, Lowers Price Target to $30
$30.00
(was $17.71)
Evercore ISI