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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DAL shares.
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12 Wall Street research analysts have issued twelve-month target prices for Delta Air Lines' stock. Their DAL share price forecasts range from $39.00 to $77.00. On average, they anticipate the company's stock price to reach $57.31 in the next year. This suggests a possible upside of 53.1% from the stock's current price.
View analysts price targets for DAL or view top-rated stocks among Wall Street analysts.

Delta Air Lines' stock was trading at $32.86 on January 1st, 2023. Since then, DAL shares have increased by 13.9% and is now trading at $37.43.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 12th 2023.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) posted its quarterly earnings results on Thursday, July, 13th. The transportation company reported $2.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.40 by $0.28. The transportation company earned $15.58 billion during the quarter, compared to the consensus estimate of $14.44 billion. Delta Air Lines had a trailing twelve-month return on equity of 59.56% and a net margin of 5.36%. Delta Air Lines's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 EPS.
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Delta Air Lines declared a quarterly dividend on Thursday, June 15th. Investors of record on Monday, July 17th will be paid a dividend of $0.10 per share on Monday, August 7th. This represents a $0.40 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Friday, July 14th.
Read our dividend analysis for DAL.

ETFs with the largest weight of Delta Air Lines (NYSE:DAL) stock in their portfolio include U.S. Global Jets ETF (JETS), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), ALPS Global Travel Beneficiaries ETF (JRNY), Roundhill MEME ETF (MEME), Direxion Daily Transportation Bull 3X Shares (TPOR) and Direxion Daily Travel & Vacation Bull 2X Shares (OOTO).

Delta Air Lines (NYSE:DAL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.06%. 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 5.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DAL.

Delta Air Lines updated its third quarter 2023 earnings guidance on Thursday, September, 14th. The company provided earnings per share guidance of $1.85-$2.05 for the period, compared to the consensus 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.

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.

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).

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

Delta Air Lines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital World Investors (4.13%), State Street Corp (3.44%), Capital International Investors (3.06%), Geode Capital Management LLC (2.10%), Dimensional Fund Advisors LP (1.04%) and Gallagher Fiduciary Advisors LLC (0.89%). Insiders that own company stock include David S Taylor, Edward H Bastian, Francis S Blake, Francis S Blake, Glen W Hauenstein, Greg Creed, Joanne D Smith, Michael P Huerta, Paul A Jacobson, Peter W Carter, Rahul D Samant, Steven M Sear and William C Carroll.
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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.
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One share of DAL stock can currently be purchased for approximately $37.43.

Delta Air Lines (NYSE:DAL) has a market capitalization of $24.08 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.

The company employs 95,000 workers across the globe.

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.