Seaport Res Ptn Weighs in on Delta Air Lines FY2026 Earnings

Key Points

• Seaport Res Ptn raised its FY2026 earnings estimate for Delta Air Lines to $7.25 per share, reflecting an increase from a prior estimate of $6.25, while the consensus estimate stands at $7.63.
• Delta Air Lines announced a quarterly dividend increase to $0.1875, up from $0.15, yielding an annualized dividend of $0.75.
• Institutional investors currently own 69.93% of Delta Air Lines' stock, indicating strong institutional confidence in the company.

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Seaport Res Ptn upped their FY2026 earnings per share estimates for shares of Delta Air Lines in a report released on Thursday, September 11th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings per share of $7.25 for the year, up from their previous estimate of $6.25. The consensus estimate for Delta Air Lines' current full-year earnings is $7.63 per share. Seaport Res Ptn also issued estimates for Delta Air Lines' FY2027 earnings at $8.00 EPS.

Other analysts have also recently issued research reports about the company. Wolfe Research increased their target price on Delta Air Lines from $56.00 to $63.00 in a research report on Monday, July 14th. UBS Group set a $72.00 price objective on shares of Delta Air Lines in a research report on Friday, July 11th. Bernstein Bank upped their price target on Delta Air Lines from $60.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, July 11th. Deutsche Bank Aktiengesellschaft boosted their target price on Delta Air Lines from $53.00 to $63.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Finally, JPMorgan Chase & Co. raised their price target on Delta Air Lines from $72.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $66.93.

Delta Air Lines Stock Performance

Delta Air Lines stock opened at $59.94 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.38 and a debt-to-equity ratio of 0.74. Delta Air Lines has a twelve month low of $34.74 and a twelve month high of $69.98. The company's 50-day moving average price is $57.35 and its 200-day moving average price is $50.47. The company has a market cap of $39.14 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 1.85 and a beta of 1.51.

Delta Air Lines (NYSE:DAL - Get Free Report) last released its quarterly earnings data on Thursday, July 10th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.09. The firm had revenue of $15.51 billion for the quarter, compared to analysts' expectations of $16.16 billion. Delta Air Lines had a net margin of 7.24% and a return on equity of 24.86%. The company's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.36 earnings per share.

Delta Air Lines Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, July 31st were paid a $0.1875 dividend. This is a boost from Delta Air Lines's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.3%. Delta Air Lines's dividend payout ratio is 10.87%.

Insider Activity at Delta Air Lines

In related news, CEO Edward H. Bastian sold 35,000 shares of the business's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $56.28, for a total transaction of $1,969,800.00. Following the completion of the transaction, the chief executive officer directly owned 632,823 shares of the company's stock, valued at $35,615,278.44. The trade was a 5.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Peter W. Carter sold 17,550 shares of Delta Air Lines stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $57.19, for a total transaction of $1,003,684.50. Following the sale, the executive vice president directly owned 191,442 shares of the company's stock, valued at approximately $10,948,567.98. This trade represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,473 shares of company stock valued at $7,663,496 over the last ninety days. Corporate insiders own 0.96% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC acquired a new stake in Delta Air Lines in the second quarter valued at $25,000. NewSquare Capital LLC lifted its stake in shares of Delta Air Lines by 184.6% in the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company's stock valued at $28,000 after purchasing an additional 371 shares during the period. Continuum Advisory LLC boosted its holdings in Delta Air Lines by 44.2% during the fourth quarter. Continuum Advisory LLC now owns 584 shares of the transportation company's stock worth $35,000 after buying an additional 179 shares in the last quarter. Activest Wealth Management increased its holdings in Delta Air Lines by 2,280.8% in the second quarter. Activest Wealth Management now owns 619 shares of the transportation company's stock valued at $30,000 after buying an additional 593 shares in the last quarter. Finally, Wealth Preservation Advisors LLC acquired a new stake in shares of Delta Air Lines during the 1st quarter valued at approximately $31,000. Institutional investors and hedge funds 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.

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