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

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.

13 brokerages have issued twelve-month target prices for Delta Air Lines' shares. Their DAL share price targets range from $39.00 to $77.00. On average, they predict the company's stock price to reach $54.40 in the next year. This suggests a possible upside of 39.7% 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 at the start of the year. Since then, DAL shares have increased by 18.5% and is now trading at $38.94.
View the best growth stocks for 2023 here.

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 trading volume, of 9,100,000 shares, the short-interest ratio is currently 1.6 days.
View Delta Air Lines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, January 12th 2024.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) posted its quarterly earnings data 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 business's quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.51 EPS.
Read the conference call transcript.

Delta Air Lines announced a quarterly dividend on Thursday, September 28th. Investors 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 dividend yield of 1.03%. The ex-dividend date is Wednesday, October 11th.
Read our dividend analysis for DAL.

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.

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 updated its fourth quarter earnings guidance on Wednesday, December, 6th. The company provided earnings per share guidance of $1.05-1.30 for the period, compared to the consensus earnings per share estimate of $1.15. The company issued revenue guidance of +9-12% yr/yr to ~$13.4-13.8 billion, compared to the consensus revenue estimate of $13.57 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' 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.

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.