NYSE:DAL

Delta Air Lines - DAL Stock Forecast, Price & News

$28.06

-0.38 (-1.34%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $27.89
▼
$28.59
50-Day Range: $28.02
▼
$35.34
52-Week Range: $27.80
▼
$46.27

Volume: 9.63 million shs
Average Volume: 10.12 million shs
Market Capitalization: $17.99 billion

P/E Ratio: 30.50
Dividend Yield: N/A
Price Target: $49.50

Delta Air Lines MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 76.4% Upside
$49.50 Price Target
Short Interest: Healthy
2.65% of Float Sold Short
Dividend Strength: N/A
Sustainability: -5.50
Upright™ Environmental Score
News Sentiment: 0.05
Based on 16 Articles This Week
Insider Trading: Acquiring Shares
$293,100 Bought Last Quarter
Proj. Earnings Growth: 89.93%
From $2.78 to $5.28 Per Share

Overall MarketRank^™

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

2.75 out of 5 stars

Transportation Sector

27th out of 122 stocks

Air Transportation, Scheduled Industry

3rd out of 20 stocks

4.4

Analyst's Opinion

Consensus Rating
Delta Air Lines has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.50, Delta Air Lines has a forecasted upside of 76.4% from its current price of $28.06.
Amount of Analyst Coverage
Delta Air Lines has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.65% of the float of Delta Air Lines has been sold short.
Short Interest Ratio / Days to Cover
Delta Air Lines has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Delta Air Lines has recently increased by 1.75%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Delta Air Lines does not currently pay a dividend.
Dividend Growth
Delta Air Lines does not have a long track record of dividend growth.

0.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Delta Air Lines has received a -70.62% net impact score from Upright. The largest negative impact of Delta Air Lines in category "GHG emissions" seems to be driven mostly by its "Economy air travel on international flights", "Economy air travel on domestic flights", and "Air freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for Delta Air Lines is -5.50.

2.2

News and Social Media Coverage

News Sentiment
Delta Air Lines has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Delta Air Lines this week, compared to 14 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 1 reddit mention for Delta Air Lines this week, compared to 12 mentions on an average week.
Search Interest
Only 60 people have searched for DAL on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
MarketBeat Follows
28 people have added Delta Air Lines to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Delta Air Lines insiders have bought more of their company's stock than they have sold. Specifically, they have bought $293,100.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.84% of the stock of Delta Air Lines is held by insiders.
Percentage Held by Institutions
67.90% of the stock of Delta Air Lines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Delta Air Lines are expected to grow by 89.93% in the coming year, from $2.78 to $5.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Delta Air Lines is 30.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Delta Air Lines is 30.50, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.47.
Price to Book Value per Share Ratio
Delta Air Lines has a P/B Ratio of 4.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

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DAL Stock News Headlines

September 20, 2022 | marketbeat.com

3 Airline Stocks Stuck in a Holding Pattern (DAL)

Airlines now face another uphill climb to regain market favor. Here’s how some of the most widely followed companies are handling the latest turbulence.

September 15, 2022 | marketbeat.com

Southwest forecasts a slower recovery in business travel

Southwest Airlines says corporate travel is recovering a bit more slowly than the airline had expected

October 2, 2022 | RJO Futures (Ad)

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October 1, 2022 | finance.yahoo.com

Mesa Airlines' new training program can help 'break the pipeline' of pilot shortage: CEO

September 30, 2022 | finance.yahoo.com

UPDATE 1-Delta pilots open voting for strike authorization as contract negotiations falter

September 30, 2022 | ca.finance.yahoo.com

Delta pilots open voting for strike authorization as contract negotiations falter

September 29, 2022 | finance.yahoo.com

Delta Air Lines Announces Webcast of September Quarter Financial Results

September 28, 2022 | finance.yahoo.com

JetBlue CEO defends American alliance in U.S. antitrust trial

October 2, 2022 | RJO Futures (Ad)

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September 28, 2022 | americanbankingnews.com

Analysts Set Expectations for Delta Air Lines, Inc.'s FY2022 Earnings (NYSE:DAL)

September 27, 2022 | theglobeandmail.com

Bearish Bets Against Delta (DAL) Shine Spotlight on Unusual Options Activity

September 26, 2022 | finance.yahoo.com

Delta Makes a Big Bet on Global Travel

September 23, 2022 | americanbankingnews.com

Delta Air Lines (NYSE:DAL) Stock Price Down 4.8%

September 22, 2022 | nasdaq.com

November 4th Options Now Available For Delta Air Lines (DAL)

September 21, 2022 | finance.yahoo.com

3 Airline Stocks to Watch Amid Air-Travel Demand Strength

September 21, 2022 | finance.yahoo.com

With Travel Demand Picking Up, Is It Time to Buy This Airline Stock Now?

September 20, 2022 | finance.yahoo.com

Delta Hopes Better Seats Will Draw Travelers

September 19, 2022 | msn.com

Here's How Much $100 Invested In Delta Air Lines 10 Years Ago Would Be Worth Today

September 19, 2022 | seekingalpha.com

Delta CFO touts still-strong travel demand, targets debt reduction in WSJ interview

September 19, 2022 | finance.yahoo.com

Delta Looks to Improve Margins, Cut Debt as Travel Rebounds

September 17, 2022 | theglobeandmail.com

Delta Air Lines readies refinery to process biofuels, sources say

September 17, 2022 | finance.yahoo.com

Delta Airlines CEO Calls Business Leaders to Join OneTen Coalition to Widen Career Pathways for Black Talent

September 17, 2022 | finance.yahoo.com

What Delta's chief customer experience officer always packs on business trips

September 16, 2022 | msn.com

Exclusive: Delta Air Lines readies refinery to process biofuels -sources

September 16, 2022 | ca.finance.yahoo.com

Exclusive-Delta Air Lines readies refinery to process biofuels -sources

September 15, 2022 | finance.yahoo.com

The Runway Is Clear for Delta Air Lines Investors

September 15, 2022 | barrons.com

Southwest Airlines Sees Strong Demand Trends. Business Travel May Be Coming Back.

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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DAL Company Calendar

Last Earnings: 7/13/2022
Today: 10/02/2022
Next Earnings (Confirmed): 10/13/2022
Fiscal Year End: 12/31/2022

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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: 83,000
Year Founded: 1925

Price Target and Rating

Average Stock Price Forecast: $49.50
High Stock Price Forecast: $70.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +76.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.92
Trailing P/E Ratio: 30.50
Forward P/E Ratio: 10.09
P/E Growth: N/A
Net Income: $280 million
Net Margins: 1.43%
Pretax Margin: 2.32%
Return on Equity: 14.26%
Return on Assets: 0.65%

Debt

Debt-to-Equity Ratio: 6.01
Current Ratio: 0.66
Quick Ratio: 0.59

Sales & Book Value

Annual Sales: $29.90 billion
Price / Sales: 0.60
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.07 per share
Price / Book: 4.62

Miscellaneous

Outstanding Shares: 641,200,000
Free Float: 635,812,000
Market Cap: $17.99 billion
Optionable: Optionable
Beta: 1.18

Social Links

Key Executives

Mr. Edward H. Bastian (Age 64)
CEO & Director
Comp: $4.11M

Mr. Glen W. Hauenstein (Age 61)
Pres
Comp: $2.6M

Mr. Daniel Charles Janki (Age 53)
Exec. VP & CFO
Comp: $3.41M

Mr. William Charles Carroll (Age 64)
Sr. VP, Controller & Principal Accounting Officer
Comp: $1.91M

Mr. Peter W. Carter (Age 58)
Exec. VP, Chief Legal Officer & Corp. Sec.
Comp: $1.75M

Mr. Garrett L. Chase (Age 50)
Sr. VP of Bus. Devel. & Financial Planning
Comp: $1.9M

Mr. Alain M. Bellemare (Age 61)
Exec. VP & Pres of International
Comp: $3.03M

Mr. John E. Laughter (Age 51)
Exec. VP, Chief of Operations & Principal Operating Officer

Mr. Don Mitacek (Age 59)
Sr. VP of Technical Operations

Mr. Rahul Samant (Age 55)
Exec. VP & Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DAL Stock - Frequently Asked Questions

Should I buy or sell Delta Air Lines stock right now?: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 3 hold ratings, 13 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 2022?: 17 brokers have issued twelve-month target prices for Delta Air Lines' shares. Their DAL share price forecasts range from $35.00 to $70.00. On average, they anticipate the company's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 76.4% 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 2022?: Delta Air Lines' stock was trading at $39.08 at the start of the year. Since then, DAL shares have decreased by 28.2% and is now trading at $28.06.
View the best growth stocks for 2022 here.
Are investors shorting Delta Air Lines?: Delta Air Lines saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 16,610,000 shares, an increase of 6.7% from the August 15th total of 15,570,000 shares. Based on an average daily volume of 12,350,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.6% of the company's shares are sold short.
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, October 13th 2022.
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 13th 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) announced its quarterly earnings results on Wednesday, July, 13th. The transportation company reported $1.44 earnings per share for the quarter, missing analysts' consensus estimates of $1.71 by $0.27. The transportation company earned $13.82 billion during the quarter, compared to analyst estimates of $13.40 billion. Delta Air Lines had a net margin of 1.43% and a trailing twelve-month return on equity of 14.26%. Delta Air Lines's revenue was up 93.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.07) earnings per share.
Read the conference call transcript.
What guidance has Delta Air Lines issued on next quarter's earnings?: Delta Air Lines updated its third quarter 2022 earnings guidance on Wednesday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $12.69 billion-$13.19 billion, compared to the consensus revenue estimate of $13.28 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 $28.06.
How much money does Delta Air Lines make?: Delta Air Lines (NYSE:DAL) has a market capitalization of $17.99 billion and generates $29.90 billion in revenue each year. The transportation company earns $280 million in net income (profit) each year or $0.92 on an earnings per share basis.
How many employees does Delta Air Lines have?: The company employs 83,000 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 10/2/2022 by MarketBeat.com Staff

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Delta Air Lines - DAL Stock Forecast, Price & News

Delta Air Lines MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows