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Top-Rated StocksTop-Rated

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

$37.61
-0.55 (-1.44%)
(As of 04:10 PM ET)
Compare
Today's Range
$37.37
▼
$37.93
50-Day Range
$30.65
▼
$38.16
52-Week Range
$30.60
▼
$49.81
Volume
7.61 million shs
Average Volume
10.13 million shs
Market Capitalization
$24.20 billion
P/E Ratio
7.12
Dividend Yield
1.06%
Price Target
$54.40
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Delta Air Lines MarketRank™ Stock Analysis

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
44.4% Upside
$54.40 Price Target
Short Interest
Healthy
2.54% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.50
Upright™ Environmental Score
News Sentiment
1.12mentions of Delta Air Lines in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$638,400 Bought Last Quarter
Proj. Earnings Growth
10.66%
From $6.10 to $6.75 Per Share

Overall MarketRank™

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

3.34 out of 5 stars

Transportation Sector

2nd out of 104 stocks

Air Transportation, Scheduled Industry

1st out of 17 stocks

See Top Rated MarketRank™ Stocks Here

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

December 1, 2023 | marketbeat.com
15 best consumer discretionary stocks for the rest of 2023 (DAL)
Think you might want to invest in consumer discretionary stocks, which investors usually purchase when the economy is good? Learn more with MarketBeat.
November 30, 2023 | marketbeat.com
Are blue chip stocks a good investment? (DAL)
Are blue chip stocks a good investment? Are there other investments you should consider in addition to or before blue chips? Learn more with MarketBeat.
December 5, 2023 | Edge On The Street (Ad)
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
November 27, 2023 | marketbeat.com
Airline and hotel stocks soar as Thanksgiving travel sets records (DAL)
Thanksgiving travel is poised to break records, boosting airline and hotel stocks. Investors remain optimistic about strong 2023 holiday travel demand.
November 27, 2023 | marketbeat.com
Airline and hotel stocks soar as Thanksgiving travel sets records
Thanksgiving travel is poised to break records, boosting airline and hotel stocks. Investors remain optimistic about strong 2023 holiday travel demand.
November 21, 2023 | marketbeat.com
The only 2 airline stocks worth buying: One is a Goldman pick (DAL)
The airlines industry is severely mispriced today, and Goldman analysts have made their top choice clear, there is no denying that this stock is a clear winner
December 4, 2023 | finance.yahoo.com
Why the Market Dipped But Delta Air Lines (DAL) Gained Today
December 4, 2023 | finance.yahoo.com
Amerijet feels financial pinch as cargo business deteriorates
December 5, 2023 | Edge On The Street (Ad)
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
December 2, 2023 | americanbankingnews.com
Delta Air Lines, Inc. (NYSE:DAL) Given Average Rating of "Buy" by Analysts
December 1, 2023 | finance.yahoo.com
The Zacks Analyst Blog Highlights American Airlines, Hawaiian Holdings, Southwest Airlines and Delta Air Lines
November 30, 2023 | finance.yahoo.com
Why Delta Air Lines, Inc. (NYSE:DAL) Looks Like A Quality Company
November 28, 2023 | finance.yahoo.com
The Zacks Analyst Blog Highlights Delta Air Lines, American Airlines, United Airlines and JetBlue Airways
November 27, 2023 | finance.yahoo.com
Delta Air Lines (DAL) Falls More Steeply Than Broader Market: What Investors Need to Know
November 27, 2023 | finance.yahoo.com
Delta Air Lines to Present at the Morgan Stanley Global Consumer & Retail Conference
November 23, 2023 | finance.yahoo.com
Hawaiian Holdings (HA) Up 17.4% Since Last Earnings Report: Can It Continue?
November 23, 2023 | finance.yahoo.com
Thanksgiving Travel Looks Strong for Airline Stocks. But History Has This Warning.
November 22, 2023 | finance.yahoo.com
Use this Delta booking hack on your next flight
November 22, 2023 | finance.yahoo.com
This Delta booking hack will save you big $$$ on your next flight
November 20, 2023 | finance.yahoo.com
Delta Air Lines (DAL) Beats Stock Market Upswing: What Investors Need to Know
November 20, 2023 | benzinga.com
What the Options Market Tells Us About Delta Air Lines
November 18, 2023 | finance.yahoo.com
20 Worst Airports in the US
November 15, 2023 | finance.yahoo.com
International travel is at record highs, and Delta's CEO says that won't change anytime soon
November 15, 2023 | finance.yahoo.com
Another airline is quietly cracking down on lounge access
November 14, 2023 | benzinga.com
Spotlight on Delta Air Lines: Analyzing the Surge in Options Activity
November 11, 2023 | finance.yahoo.com
Returns On Capital At Delta Air Lines (NYSE:DAL) Have Hit The Brakes
November 10, 2023 | finance.yahoo.com
$242 million upgrade planned at Minneapolis-St. Paul International Airport
See More Headlines
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Company Calendar

Ex-Dividend for 11/2 Dividend
10/11/2023
Last Earnings
10/12/2023
Dividend Payable
11/02/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/12/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Air transportation, scheduled
Sub-Industry
Airlines
Sector
Transportation
Current Symbol
NYSE:DAL
CUSIP
24736170
CIK
27904
Web
www.delta.com
Phone
(404) 715-2600
Fax
404-715-5042
Employees
95,000
Year Founded
1925

Price Target and Rating

Average Stock Price Target
$54.40
High Stock Price Target
$77.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+44.3%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
13 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.28
Trailing P/E Ratio
7.14
Forward P/E Ratio
6.18
P/E Growth
0.19
Net Income
$1.32 billion
Net Margins
5.94%
Pretax Margin
7.77%
Return on Equity
54.95%
Return on Assets
5.67%

Debt

Debt-to-Equity Ratio
1.90
Current Ratio
0.44
Quick Ratio
0.39

Sales & Book Value

Annual Sales
$57.26 billion
Price / Sales
0.42
Cash Flow
$6.44 per share
Price / Cash Flow
5.86
Book Value
$10.27 per share
Price / Book
3.67

Miscellaneous

Outstanding Shares
643,463,000
Free Float
637,736,000
Market Cap
$24.26 billion
Optionable
Optionable
Beta
1.39

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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 Tuesday, November 28, 2023 at 10:12 PM.

Pros

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

  • Delta Air Lines, Inc. is one of the most successful airlines in the world, known for its excellent customer service.
  • Delta has a strong track record of growth and expansion, continuously adding new routes and expanding its international network.
  • Delta has made strategic mergers and acquisitions, such as the acquisition of Northwest Airlines, which has strengthened its position in the industry.
  • Delta has invested in new aircraft, including the Airbus A350 and the Boeing 787 Dreamliner, which enhances its fleet and improves operational efficiency.
  • Delta has a diversified business model with both the Airline and Refinery segments, providing additional revenue streams and potential for cost savings through its own jet fuel supply.

Cons

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

  • The airline industry is highly competitive and sensitive to external factors such as fuel prices, economic conditions, and geopolitical events, which can impact Delta's financial performance.
  • The COVID-19 pandemic has severely affected the airline industry, leading to a significant decline in air travel demand and financial challenges for airlines, including Delta.
  • Delta's stock price is subject to market volatility and can be influenced by factors beyond the company's control, such as investor sentiment and overall market conditions.
  • Investing in airlines involves risks associated with regulatory changes, safety concerns, and potential disruptions in the global travel industry.
  • Delta's financial performance can be influenced by factors such as labor costs, fuel prices, and fluctuations in foreign currency exchange rates.














DAL Stock Analysis - Frequently Asked Questions

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

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 12 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?

13 brokerages have issued 1 year target prices for Delta Air Lines' shares. Their DAL share price targets range from $39.00 to $77.00. On average, they anticipate the company's stock price to reach $54.40 in the next year. This suggests a possible upside of 44.4% 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 2023?

Delta Air Lines' stock was trading at $32.86 at the beginning of the year. Since then, DAL shares have increased by 14.6% and is now trading at $37.67.
View the best growth stocks for 2023 here.

Are investors shorting Delta Air Lines?

Delta Air Lines saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 14,780,000 shares, an increase of 13.6% from the October 15th total of 13,010,000 shares. Based on an average daily volume of 9,100,000 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 Friday, January 12th 2024.
View our DAL earnings forecast.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) posted its quarterly earnings results on Thursday, October, 12th. The transportation company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.08. The transportation company had revenue of $15.49 billion for the quarter, compared to the consensus estimate of $14.55 billion. Delta Air Lines had a trailing twelve-month return on equity of 54.95% and a net margin of 5.94%. The company's revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $1.51 EPS.
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 declared a quarterly dividend on Thursday, September 28th. Stockholders of record on Thursday, October 12th will be paid a dividend of $0.10 per share on Thursday, November 2nd. This represents a $0.40 annualized dividend and a yield of 1.06%. 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 1.05%. The dividend payout ratio is 7.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DAL will have a dividend payout ratio of 5.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DAL.

What ETFs hold Delta Air Lines' stock?

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).

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

Delta Air Lines issued an update on its fourth quarter 2023 earnings guidance on Thursday, October, 12th. The company provided earnings per share (EPS) guidance of $1.05-$1.30 for the period, compared to the consensus EPS estimate of $1.11. The company issued revenue guidance of $13.40 billion-$13.77 billion, compared to the consensus revenue estimate of $13.60 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 Primecap Management Co. CA (3.46%), Morgan Stanley (1.68%), FMR LLC (1.51%), Gallagher Fiduciary Advisors LLC (0.88%), Royal London Asset Management Ltd. (0.79%) and Northern Trust Corp (0.77%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/5/2023 by MarketBeat.com Staff

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