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Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
Laser breakthrough could send stock soaring 2,467% (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
Laser breakthrough could send stock soaring 2,467% (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
Laser breakthrough could send stock soaring 2,467% (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
Laser breakthrough could send stock soaring 2,467% (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff

Delta Air Lines (DAL) Stock Forecast, Price & News

$37.00
+0.05 (+0.14%)
(As of 09/29/2023 08:52 PM ET)
Compare
Today's Range
$36.74
$37.48
50-Day Range
$36.66
$47.48
52-Week Range
$27.20
$49.81
Volume
7.99 million shs
Average Volume
10.06 million shs
Market Capitalization
$23.81 billion
P/E Ratio
7.97
Dividend Yield
1.08%
Price Target
$56.94

Delta Air Lines MarketRank™ Forecast

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
53.9% Upside
$56.94 Price Target
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.50
Upright™ Environmental Score
News Sentiment
0.53mentions of Delta Air Lines in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$1.84 M Sold Last Quarter
Proj. Earnings Growth
15.74%
From $6.29 to $7.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.45 out of 5 stars

Transportation Sector

1st out of 115 stocks

Air Transportation, Scheduled Industry

1st out of 17 stocks


DAL stock logo

About Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines Inc. is a major airline providing domestic and international air travel services. Based in Atlanta, Georgia, Delta is one of the largest airlines in the world, operating a fleet of over 900 aircraft that serves more than 325 destinations across six continents. Delta has a long history in the airline industry. It is known for its exceptional customer service, operational reliability and industry-leading innovation.

As of the end of the fourth quarter of 2022, Delta Air Lines Inc. had a market capitalization of $24.5 billion, with over 720 million outstanding shares. The company has a strong financial position, with total revenue for the full year 2022 reaching $38.6 billion, an increase of 20% compared to the previous year. Delta's net income for the same period was $2.7 billion, up from $1.2 billion in 2021.

Delta's strong financial performance comes from several factors, including its strategic focus on customer service, operational efficiency and technological innovation. The company has invested heavily in its fleet and infrastructure and is committed to delivering passengers a safe and comfortable travel experience. Delta has also made significant investments in technology, such as its Fly Delta app and biometric boarding, which have helped to streamline the travel experience and improve customer satisfaction.

Delta is also committed to sustainable business practices, focusing on reducing its environmental impact. The company has set ambitious goals to reduce carbon emissions by 50% by 2050 and has invested in fuel-efficient aircraft and sustainable aviation fuel. In addition, Delta has a comprehensive recycling program and has implemented measures to reduce waste in its operations.

Delta's strong brand recognition, customer loyalty and strategic partnerships support its competitive position in the airline industry. The company has alliances with several international airlines, such as Air France-KLM and Virgin Atlantic, enabling it to provide its customers with seamless travel experiences. Delta also has a strong presence in key markets, such as New York, Atlanta and Los Angeles, which have helped to drive its growth and profitability.

Delta also faces significant challenges in the airline industry, including intense competition from other major airlines and the ongoing impact of the COVID-19 pandemic. The pandemic severely impacted the airline industry, with reduced demand for air travel and significant disruptions to operations. Delta responded to these challenges by implementing cost-cutting measures, such as reducing its workforce, retiring older aircraft and focusing on its core customer service and operational efficiency strengths.

DAL Price History

DAL Stock News Headlines

Delta Hopes to Soar Again with Customer Loyalty Tweaks
Delta shares rose after CEO Ed Bastian acknowledged the company may have gone too far with changes to its loyalty program, and promised modifications.
Delta Air Lines will restrict access to its Sky Club airport lounges as it faces overcrowding
Delta Air Lines passengers who have long enjoyed access to free meals, alcohol and a quiet place to relax before their flight are in for some major cutbacks in coming years
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Southwest, American Descend as Delta, United in Holding Pattern (DAL)
The airline industry is grappling with soaring fuel costs, but Delta, United, and Panama's Copa are getting support at or above their 200-day moving averages.
Delta Air Lines employees work up a sweat at boot camp, learning how to deice planes
The temperature says it's summer outside, but Delta Air Lines is training employees in how to deice an airplane — a critical part of flying during the cold winter months
Tom Brady will toss passes for Delta Air Lines. The retired quarterback will be a strategic adviser
Tom Brady is putting on a Delta Air Lines uniform, at least figuratively
Delta Air Lines (NYSE:DAL) Price Target Cut to $50.00
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
30 Countries with the Most Debt in the World
Delta Air Lines declares $0.10 dividend
Delta Air Lines Stock Ready for Takeoff
Delta Air Lines (NYSE:DAL) Stock Rating Upgraded by StockNews.com
Delta Air Lines (NYSE:DAL) PT Lowered to $61.00
Delta (DAL) Expands 2024 Trans-Atlantic Summer Schedule
3 Dividend-Paying Transportation Stocks to Watch Currently
Has the Birkenstock IPO News Grabbed Your Attention?
Delta Air Lines: Don't Focus On The Negatives
These are the U.S. companies with the happiest employees
See More Headlines
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DAL Company Calendar

Last Earnings
7/13/2023
Ex-Dividend for 8/7 Dividend
7/14/2023
Dividend Payable
8/07/2023
Today
10/02/2023
Ex-Dividend for 11/2 Dividend
10/11/2023
Next Earnings (Confirmed)
10/12/2023
Dividend Payable
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
24736170
Employees
95,000
Year Founded
1925

Price Target and Rating

Average Stock Price Forecast
$56.94
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+53.9%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
13 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
6.98%

Debt

Sales & Book Value

Annual Sales
$50.58 billion
Cash Flow
$6.49 per share
Book Value
$10.27 per share

Miscellaneous

Free Float
637,694,000
Market Cap
$23.81 billion
Optionable
Optionable
Beta
1.30

Social Links

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Key Executives

  • Mr. Edward H. BastianMr. Edward H. Bastian (Age 65)
    CEO & Director
    Comp: $3.91M
  • Mr. Glen W. HauensteinMr. Glen W. Hauenstein (Age 62)
    Pres
    Comp: $2.61M
  • Mr. Daniel Charles Janki (Age 54)
    Exec. VP & CFO
    Comp: $2.42M
  • Mr. Peter W. CarterMr. Peter W. Carter (Age 59)
    Exec. VP of External Affairs
    Comp: $1.85M
  • Mr. Alain M. Bellemare (Age 62)
    Exec. VP & Pres of International
    Comp: $2.17M
  • Mr. Michael Spanos (Age 58)
    Chief Operating Officer
  • Mr. William Charles Carroll (Age 65)
    Sr. VP, Controller & Principal Accounting Officer
  • Mr. Don Mitacek (Age 60)
    Sr. VP of Technical Operations
  • Mr. Rahul SamantMr. Rahul Samant (Age 56)
    Exec. VP & Chief Information Officer
  • Ms. Julie Stewart
    VP of Investor Relations













DAL Stock - Frequently Asked Questions

Should I buy or sell Delta Air Lines stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DAL shares.
View DAL analyst ratings
or view top-rated stocks.

What is Delta Air Lines' stock price forecast for 2023?

13 brokers have issued 12 month price targets for Delta Air Lines' stock. Their DAL share price forecasts range from $39.00 to $77.00. On average, they anticipate the company's share price to reach $56.94 in the next year. This suggests a possible upside of 53.9% from the stock's current price.
View analysts price targets for DAL
or view top-rated stocks among Wall Street analysts.

How have DAL shares performed in 2023?

Delta Air Lines' stock was trading at $32.86 at the beginning of 2023. Since then, DAL shares have increased by 12.6% and is now trading at $37.00.
View the best growth stocks for 2023 here
.

When is Delta Air Lines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 12th 2023.
View our DAL earnings forecast
.

How can I listen to Delta Air Lines' earnings call?

Delta Air Lines will be holding an earnings conference call on Thursday, October 12th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) released its quarterly earnings data on Thursday, July, 13th. The transportation company reported $2.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.40 by $0.28. The transportation company earned $15.58 billion during the quarter, compared to analysts' expectations of $14.44 billion. Delta Air Lines had a net margin of 5.36% and a trailing twelve-month return on equity of 59.56%. The company's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.44 earnings per share.
Read the conference call transcript
.

How often does Delta Air Lines pay dividends? What is the dividend yield for Delta Air Lines?

Delta Air Lines announced a quarterly dividend on Thursday, September 28th. Investors of record on Thursday, October 12th will be given a dividend of $0.10 per share on Thursday, November 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Wednesday, October 11th.
Read our dividend analysis for DAL
.

Is Delta Air Lines a good dividend stock?

Delta Air Lines (NYSE:DAL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.08%. The dividend payout ratio is 8.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DAL will have a dividend payout ratio of 5.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DAL.

What guidance has Delta Air Lines issued on next quarter's earnings?

Delta Air Lines issued an update on its third quarter 2023 earnings guidance on Thursday, September, 14th. The company provided EPS guidance of $1.85-$2.05 for the period, compared to the consensus earnings per share estimate of $2.32. The company issued revenue guidance of $14.40 billion-$14.60 billion, compared to the consensus revenue estimate of $14.47 billion.

What is Ed Bastian's approval rating as Delta Air Lines' CEO?

1,256 employees have rated Delta Air Lines Chief Executive Officer Ed Bastian on Glassdoor.com. Ed Bastian has an approval rating of 95% among the company's employees. This puts Ed Bastian in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Delta Air Lines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Delta Air Lines investors own include Boeing (BA), Walt Disney (DIS), Bank of America (BAC), NVIDIA (NVDA), Southwest Airlines (LUV), American Airlines Group (AAL), Tesla (TSLA), AT&T (T), JPMorgan Chase & Co. (JPM) and Micron Technology (MU).

What is Delta Air Lines' stock symbol?

Delta Air Lines trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAL."

How do I buy shares of Delta Air Lines?

Shares of DAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Delta Air Lines' stock price today?

One share of DAL stock can currently be purchased for approximately $37.00.

How much money does Delta Air Lines make?

Delta Air Lines (NYSE:DAL) has a market capitalization of $23.81 billion and generates $50.58 billion in revenue each year. The transportation company earns $1.32 billion in net income (profit) each year or $4.64 on an earnings per share basis.

How many employees does Delta Air Lines have?

The company employs 95,000 workers across the globe.

Does Delta Air Lines have any subsidiaries?
The following companies are subsidiares of Delta Air Lines: Aero Assurance Ltd., DAL Global Technology Hub LLP, Delta Flight Products LLC, Delta Material Services LLC, Delta Professional Services LLC, Delta Vacations LLC, Endeavor Air Inc., Epsilon Trading LLC, Grupo Aeroméxico S.A.B. de C.V., MIPC LLC, Monroe Energy LLC, New Sky Ltd., Northwest Airlines Corporation, SkyMiles Holdings Ltd., SkyMiles IP Finance Ltd., SkyMiles IP Holdings Ltd., SkyMiles IP Ltd., and Virgin Atlantic Airways.
Read More
How can I contact Delta Air Lines?

Delta Air Lines' mailing address is 1030 DELTA BOULEVARD, ATLANTA GA, 30320. The official website for the company is www.delta.com. The transportation company can be reached via phone at (404) 715-2600, via email at investorrelations@delta.com, or via fax at 404-715-5042.

This page (NYSE:DAL) was last updated on 10/2/2023 by MarketBeat.com Staff

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