Q2 EPS Estimates for Delta Air Lines Raised by Analyst

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Seaport Res Ptn increased their Q2 2025 earnings per share estimates for Delta Air Lines in a report released on Thursday, May 1st. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings per share of $2.05 for the quarter, up from their prior estimate of $1.80. The consensus estimate for Delta Air Lines' current full-year earnings is $7.63 per share.

A number of other brokerages have also issued reports on DAL. Citigroup dropped their target price on Delta Air Lines from $80.00 to $72.00 and set a "buy" rating on the stock in a research report on Tuesday, March 18th. TD Cowen increased their target price on Delta Air Lines from $45.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, April 10th. Dbs Bank lowered shares of Delta Air Lines from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 3rd. The Goldman Sachs Group reduced their price objective on shares of Delta Air Lines from $83.00 to $60.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Finally, UBS Group cut shares of Delta Air Lines from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $77.00 to $42.00 in a research report on Monday, April 7th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $61.06.

Delta Air Lines Price Performance

DAL opened at $44.22 on Monday. Delta Air Lines has a twelve month low of $34.74 and a twelve month high of $69.98. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92. The firm has a market cap of $28.87 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 0.75 and a beta of 1.23. The company has a fifty day simple moving average of $45.29 and a 200 day simple moving average of $56.70.

Delta Air Lines (NYSE:DAL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 9th. The transportation company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.38). The firm had revenue of $12.98 billion during the quarter, compared to analyst estimates of $13.85 billion. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The firm's revenue was down 5.6% compared to the same quarter last year. During the same period last year, the business earned $0.45 EPS.

Delta Air Lines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th will be given a $0.15 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.60 annualized dividend and a yield of 1.36%. Delta Air Lines's dividend payout ratio is presently 10.64%.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Rahul D. Samant sold 17,970 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $69.08, for a total transaction of $1,241,367.60. Following the completion of the transaction, the executive vice president now directly owns 35,889 shares in the company, valued at approximately $2,479,212.12. The trade was a 33.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.96% of the stock is currently owned by company insiders.

Institutional Trading of Delta Air Lines

Hedge funds have recently added to or reduced their stakes in the business. Carson Advisory Inc. increased its holdings in shares of Delta Air Lines by 5.1% during the first quarter. Carson Advisory Inc. now owns 27,734 shares of the transportation company's stock valued at $1,209,000 after purchasing an additional 1,349 shares during the period. Forum Financial Management LP increased its stake in Delta Air Lines by 15.8% during the 1st quarter. Forum Financial Management LP now owns 13,282 shares of the transportation company's stock valued at $579,000 after buying an additional 1,811 shares during the period. Dynasty Wealth Management LLC raised its position in shares of Delta Air Lines by 8.2% during the 1st quarter. Dynasty Wealth Management LLC now owns 16,770 shares of the transportation company's stock worth $704,000 after buying an additional 1,264 shares in the last quarter. Burns Matteson Capital Management LLC raised its holdings in Delta Air Lines by 5.2% during the first quarter. Burns Matteson Capital Management LLC now owns 7,842 shares of the transportation company's stock worth $342,000 after purchasing an additional 391 shares in the last quarter. Finally, Altman Advisors Inc. boosted its stake in Delta Air Lines by 1.3% during the 1st quarter. Altman Advisors Inc. now owns 39,231 shares of the transportation company's stock valued at $1,633,000 after purchasing an additional 486 shares in the last quarter. Institutional investors own 69.93% of the company's stock.

Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.