Zacks Research Forecasts Higher Earnings for Delta Air Lines

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Zacks Research lifted their FY2025 earnings per share (EPS) estimates for Delta Air Lines in a research report issued on Wednesday, July 2nd. Zacks Research analyst M. Basu now expects that the transportation company will post earnings per share of $4.68 for the year, up from their prior forecast of $4.63. The consensus estimate for Delta Air Lines' current full-year earnings is $7.63 per share. Zacks Research also issued estimates for Delta Air Lines' Q2 2026 earnings at $2.51 EPS, Q3 2026 earnings at $1.94 EPS, Q4 2026 earnings at $1.69 EPS, FY2026 earnings at $7.28 EPS, Q2 2027 earnings at $2.44 EPS and FY2027 earnings at $8.04 EPS.

Several other analysts have also recently weighed in on the company. Dbs Bank cut Delta Air Lines from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 3rd. The Goldman Sachs Group dropped their price target on Delta Air Lines from $83.00 to $60.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Barclays dropped their price target on Delta Air Lines from $80.00 to $58.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Citigroup dropped their price target on Delta Air Lines from $80.00 to $72.00 and set a "buy" rating for the company in a report on Tuesday, March 18th. Finally, Bank of America dropped their price target on Delta Air Lines from $65.00 to $56.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $61.67.

Delta Air Lines Stock Performance

NYSE:DAL traded up $0.80 during mid-day trading on Friday, hitting $50.93. 6,123,398 shares of the stock were exchanged, compared to its average volume of 9,808,059. The stock has a market capitalization of $33.25 billion, a price-to-earnings ratio of 9.03, a price-to-earnings-growth ratio of 2.39 and a beta of 1.49. The firm's 50-day simple moving average is $48.36 and its 200 day simple moving average is $52.97. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.33 and a current ratio of 0.38. Delta Air Lines has a fifty-two week low of $34.74 and a fifty-two week high of $69.98.

Delta Air Lines (NYSE:DAL - Get Free Report) last released its quarterly earnings data on Wednesday, April 9th. The transportation company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by ($0.38). Delta Air Lines had a net margin of 5.91% and a return on equity of 28.18%. The business had revenue of $12.98 billion during the quarter, compared to analyst estimates of $13.85 billion. During the same period in the previous year, the business earned $0.45 earnings per share. The business's quarterly revenue was down 5.6% on a year-over-year basis.

Hedge Funds Weigh In On Delta Air Lines

Several hedge funds and other institutional investors have recently modified their holdings of the business. First Financial Bank Trust Division bought a new position in shares of Delta Air Lines in the 2nd quarter valued at $225,000. Kera Capital Partners Inc. bought a new position in shares of Delta Air Lines in the 2nd quarter valued at $303,000. AG2R LA Mondiale Gestion D Actifs bought a new position in shares of Delta Air Lines in the 1st quarter valued at $496,000. Voya Investment Management LLC increased its stake in shares of Delta Air Lines by 10.0% in the 1st quarter. Voya Investment Management LLC now owns 383,910 shares of the transportation company's stock valued at $16,738,000 after purchasing an additional 34,982 shares during the last quarter. Finally, Strs Ohio bought a new position in shares of Delta Air Lines in the 1st quarter valued at $8,879,000. Institutional investors own 69.93% of the company's stock.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Thursday, July 31st. This is a positive change from Delta Air Lines's previous quarterly dividend of $0.15. Delta Air Lines's dividend payout ratio (DPR) is 10.64%.

About Delta Air Lines

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.