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

$42.06
-0.21 (-0.50%)
(As of 09:34 AM ET)
Today's Range
$41.96
$42.33
50-Day Range
$36.98
$42.32
52-Week Range
$30.60
$49.81
Volume
204,925 shs
Average Volume
10.67 million shs
Market Capitalization
$27.06 billion
P/E Ratio
5.88
Dividend Yield
0.95%
Price Target
$55.54

Delta Air Lines MarketRank™ Stock Analysis

Analyst Rating
Buy
3.11 Rating Score
Upside/​Downside
31.4% Upside
$55.54 Price Target
Short Interest
Healthy
2.61% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.50
Upright™ Environmental Score
News Sentiment
0.78mentions of Delta Air Lines in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$2.82 M Sold Last Quarter
Proj. Earnings Growth
12.44%
From $6.59 to $7.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Transportation Sector

5th out of 117 stocks

Air Transportation, Scheduled Industry

3rd out of 18 stocks


DAL stock logo

About Delta Air Lines Stock (NYSE:DAL)

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 Stock Price History

DAL Stock News Headlines

How to invest in airline stocks (DAL)
Should you invest in airline stocks? Learn the tips and tricks of investing in airline stocks with MarketBeat and whether they fit your portfolio.
Warren Buffett Stocks: What’s in Warren Buffett’s Portfolio? (DAL)
What are Warren Buffett stocks? The billionaire Warren Buffett buys and holds stocks long-term. Learn the securities that form the backbone of his portfolio.
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Impinj stock surges on strong earnings and guidance (DAL)
Internet of Things chipmaker Impinj rallied after better-than-expected Q4 results and upbeat current-quarter guidance. Analysts boosted their price targets.
10 Best Airline Stocks to Buy (DAL)
The airline industry has seen tumultuous times over the past few years, so should you invest? Learn more about the best airline stock to buy on MarketBeat.
Investing in the Best Airline Stocks (DAL)
Should you invest in airline stocks? Learn the tips and tricks of investing in airline stocks with MarketBeat and whether they fit your portfolio.
3 reasons airline stocks are a buy right now (DAL)
Airline stocks, including American, Delta, and United, show promising charts after Q4 earnings; analysts are upgrading the stocks and expect earnings growth
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
7 Travel Stocks Primed for Takeoff in 2024
3 Elite Blue-Chips With Market-Crushing Potential in 2024
25 Cheapest Countries to Fly to From the USA in 2024
StockNews.com Lowers Delta Air Lines (NYSE:DAL) to Hold
See More Headlines
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Company Calendar

Last Earnings
1/12/2024
Ex-Dividend for 3/18 Dividend
2/23/2024
Today
2/29/2024
Dividend Payable
3/18/2024
Next Earnings (Estimated)
4/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
24736170
Employees
100,000
Year Founded
1925

Price Target and Rating

Average Stock Price Target
$55.54
High Stock Price Target
$77.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+31.4%
Consensus Rating
Buy
Rating Score (0-4)
3.11
Research Coverage
9 Analysts

Profitability

Net Income
$4.61 billion
Pretax Margin
9.66%

Debt

Sales & Book Value

Annual Sales
$58.05 billion
Cash Flow
$9.94 per share
Book Value
$17.26 per share

Miscellaneous

Free Float
637,598,000
Market Cap
$27.19 billion
Optionable
Optionable
Beta
1.42

Social Links

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Should I Buy Delta Air Lines Stock? DAL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Delta Air Lines was last updated on Monday, February 26, 2024 at 12:04 PM.

Pros

Here are some ways that investors could benefit from investing in Delta Air Lines, Inc.:

  • Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.
  • The company operates through a fleet of approximately 1,273 aircrafts.
  • Recent developments in the airline industry have shown signs of recovery post-pandemic, indicating potential growth for Delta Air Lines.
  • Delta Air Lines has a strong brand presence and customer loyalty, which can lead to sustainable revenue streams.
  • The current stock price of Delta Air Lines, Inc. is favorable for investors looking for potential value opportunities.

Cons

Investors should be bearish about investing in Delta Air Lines, Inc. for these reasons:

  • Volatility in fuel prices and operational costs can impact the profitability of airlines, including Delta Air Lines.
  • Regulatory changes and government policies related to air travel can pose challenges for the industry.
  • Competition in the airline sector is intense, leading to pricing pressures and potential market share fluctuations.
  • Uncertainties related to global events, such as geopolitical tensions or natural disasters, can disrupt airline operations and financial performance.
  • Investing in the airline industry carries inherent risks, including economic downturns and unforeseen events that can impact demand for air travel.














DAL Stock Analysis - Frequently Asked Questions

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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DAL shares.
View DAL analyst ratings
or view top-rated stocks.

What is Delta Air Lines' stock price target for 2024?

9 Wall Street analysts have issued 12-month price targets for Delta Air Lines' stock. Their DAL share price targets range from $40.00 to $77.00. On average, they predict the company's stock price to reach $55.54 in the next twelve months. This suggests a possible upside of 31.4% 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 2024?

Delta Air Lines' stock was trading at $40.23 on January 1st, 2024. Since then, DAL shares have increased by 5.0% and is now trading at $42.26.
View the best growth stocks for 2024 here
.

Are investors shorting Delta Air Lines?

Delta Air Lines saw a decrease in short interest in February. As of February 15th, there was short interest totaling 16,770,000 shares, a decrease of 8.1% from the January 31st total of 18,250,000 shares. Based on an average daily volume of 10,200,000 shares, the short-interest ratio is currently 1.6 days.
View Delta Air Lines' Short Interest
.

When is Delta Air Lines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 11th 2024.
View our DAL earnings forecast
.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) released its quarterly earnings data on Friday, January, 12th. The transportation company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.11. The transportation company had revenue of $14.22 billion for the quarter, compared to analyst estimates of $13.55 billion. Delta Air Lines had a net margin of 7.94% and a trailing twelve-month return on equity of 46.35%. The company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 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, February 8th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.10 per share on Monday, March 18th. This represents a $0.40 annualized dividend and a yield of 0.95%. The ex-dividend date is Friday, February 23rd.
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 0.95%. The dividend payout ratio is 5.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DAL will have a dividend payout ratio of 5.40% 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 updated its first quarter 2024 earnings guidance on Friday, January, 12th. The company provided EPS guidance of 0.250-0.500 for the period, compared to the consensus earnings per share estimate of 0.500. The company issued revenue guidance of $12.2 billion-$12.6 billion, compared to the consensus revenue estimate of $12.5 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).

Who are Delta Air Lines' major shareholders?

Delta Air Lines' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.19%), Primecap Management Co. CA (3.45%), Capital International Investors (3.25%), Capital World Investors (2.33%), Dimensional Fund Advisors LP (1.30%) and Royal London Asset Management Ltd. (1.01%). 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, Peter W Carter, Rahul D Samant, Steven M Sear and William C Carroll.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:DAL) was last updated on 3/1/2024 by MarketBeat.com Staff