NYSE:DALDelta Air Lines Stock Price, Forecast & News

$34.50

+2.12 (+6.55 %)

(As of 06/5/2020 02:39 PM ET)

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Today's Range

$33.60

Now: $34.50▼

$37.24

50-Day Range

$19.19

MA: $23.26▼

$28.47

52-Week Range

$17.51

Now: $34.50▼

$63.44

Volume107.76 million shs

Average Volume54.35 million shs

Market Capitalization$22.00 billion

P/E Ratio6.40

Dividend YieldN/A

Beta1.24

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 route network is centered on a system of hubs and markets at airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, São Paulo, Seattle, Seoul-Incheon, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile applications/Web, telephone reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance, 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 800 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

4.2 Analyst's Opinion

Consensus Rating
Delta Air Lines has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 7 buy ratings, 10 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.44, Delta Air Lines has a potential upside of 54.0% from its current price of $34.70.
Amount of Analyst Coverage
Delta Air Lines has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
Delta Air Lines has received 1,137 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Delta Air Lines has received 573 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Delta Air Lines has received 66.49% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Delta Air Lines and other stocks. Vote “Outperform” if you believe DAL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DAL will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Delta Air Lines does not currently pay a dividend.
Dividend Growth
Delta Air Lines has been increasing its dividend for 6 years.
Dividend Sustainability
Based on earnings estimates, Delta Air Lines will have a dividend payout ratio of 70.31 % next year. This indicates that Delta Air Lines will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Delta Air Lines insiders have sold 29,616.61% more of their company's stock than they have bought. Specifically, they have bought $645,437.00 in company stock and sold $191,801,985.00 in company stock.
Percentage Held by Insiders
Only 0.47% of the stock of Delta Air Lines is held by insiders.
Percentage Held by Institutions
75.69% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Delta Air Lines are expected to grow in the coming year, from ($7.14) to $2.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Delta Air Lines is 6.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Delta Air Lines is 6.44, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.42.
Price to Book Value per Share Ratio
Delta Air Lines has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Air transportation, scheduled

Sub-IndustryAirlines

SectorTransportation

Current SymbolNYSE:DAL

Previous Symbol

CUSIP24736170

CIK27904

Webwww.delta.com

Phone404-715-2600

Debt

Debt-to-Equity Ratio1.25

Current Ratio0.53

Quick Ratio0.48

Price-To-Earnings

Trailing P/E Ratio6.40

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$47.01 billion

Price / Sales0.47

Cash Flow$13.80 per share

Price / Cash Flow2.50

Book Value$23.75 per share

Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)$7.31

Net Income$4.77 billion

Net Margins7.76%

Return on Equity25.95%

Return on Assets5.88%

Miscellaneous

Employees91,000

Outstanding Shares637,790,000

Market Cap$22.00 billion

Next Earnings Date7/9/2020 (Estimated)

OptionableOptionable

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Delta Air Lines (NYSE:DAL) Frequently Asked Questions

How has Delta Air Lines' stock been impacted by COVID-19 (Coronavirus)?

Delta Air Lines' stock was trading at $42.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DAL stock has decreased by 18.7% and is now trading at $34.6950. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Delta Air Lines?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Delta Air Lines.

When is Delta Air Lines' next earnings date?

Delta Air Lines is scheduled to release its next quarterly earnings announcement on Thursday, July 9th 2020. View our earnings forecast for Delta Air Lines.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) released its quarterly earnings results on Wednesday, April, 22nd. The transportation company reported ($0.51) EPS for the quarter, topping analysts' consensus estimates of ($0.72) by $0.21. The transportation company earned $8.59 billion during the quarter, compared to analysts' expectations of $9.33 billion. Delta Air Lines had a return on equity of 25.95% and a net margin of 7.76%. The business's revenue for the quarter was down 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.96 EPS. View Delta Air Lines' earnings history.

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, February 6th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.4025 per share on Thursday, March 12th. This represents a $1.61 annualized dividend and a dividend yield of 4.64%. The ex-dividend date is Wednesday, February 19th. View Delta Air Lines' dividend history.

What price target have analysts set for DAL?

17 brokers have issued twelve-month price targets for Delta Air Lines' stock. Their forecasts range from $33.00 to $76.00. On average, they anticipate Delta Air Lines' stock price to reach $53.44 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for Delta Air Lines.

Has Delta Air Lines been receiving favorable news coverage?

News coverage about DAL stock has trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Delta Air Lines earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutDelta Air Lines.

Are investors shorting Delta Air Lines?

Delta Air Lines saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 28,520,000 shares, an increase of 25.4% from the April 30th total of 22,740,000 shares. Based on an average trading volume of 41,320,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 4.5% of the company's stock are short sold. View Delta Air Lines' Current Options Chain.

Who are some of Delta Air Lines' key competitors?

Some companies that are related to Delta Air Lines include Southwest Airlines (LUV), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), SkyWest (SKYW), Allegiant Travel (ALGT), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors.

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 Bank of America (BAC), Walt Disney (DIS), Boeing (BA), NVIDIA (NVDA), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), American Airlines Group (AAL), AT&T (T), Southwest Airlines (LUV) and United Continental (UAL).

Who are Delta Air Lines' key executives?

Delta Air Lines' management team includes the following people:

Mr. Edward H. Bastian, CEO & Director (Age 61)
Mr. Glen W. Hauenstein, Pres (Age 58)
Mr. Paul A. Jacobson, Exec. VP & CFO (Age 47)
Mr. Wayne Gilbert West, Sr. EVP & COO (Age 58)
Mr. Peter W. Carter, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 55)

What is Delta Air Lines' stock symbol?

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

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 BlackRock Inc. (5.06%), Primecap Management Co. CA (4.48%), State Street Corp (3.03%), Geode Capital Management LLC (1.30%), Bank of New York Mellon Corp (1.23%) and Morgan Stanley (0.90%). Company insiders that own Delta Air Lines stock include Berkshire Hathaway Inc, Craig M Meynard, Daniel A Carp, David S Taylor, Edward H Bastian, Francis S Blake, George N Mattson, Glen W Hauenstein, Jeanne P Jackson, Joanne D Smith, Michael P Huerta, Peter W Carter, Rahul D Samant, Steven M Sear, W Gilbert West, William C Carroll and William H Easter III. View institutional ownership trends for Delta Air Lines.

Which major investors are selling Delta Air Lines stock?

DAL stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Alliancebernstein L.P., Principal Financial Group Inc., Two Sigma Advisers LP, Wellington Management Group LLP, AQR Capital Management LLC, BlackRock Inc., and Mackenzie Financial Corp. Company insiders that have sold Delta Air Lines company stock in the last year include Berkshire Hathaway Inc, Edward H Bastian, Glen W Hauenstein, Rahul D Samant, W Gilbert West, and William C Carroll. View insider buying and selling activity for Delta Air Lines.

Which major investors are buying Delta Air Lines stock?

DAL stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, U S Global Investors Inc., Chilton Investment Co. LLC, Tweedy Browne Co LLC, APG Asset Management N.V., Polaris Capital Management LLC, and Invesco Ltd.. Company insiders that have bought Delta Air Lines stock in the last two years include Berkshire Hathaway Inc, David S Taylor, Francis S Blake, George N Mattson, Jeanne P Jackson, and Michael P Huerta. View insider buying and selling activity for Delta Air Lines.

How do I buy shares of Delta Air Lines?

Shares of DAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Delta Air Lines' stock price today?

One share of DAL stock can currently be purchased for approximately $34.70.

How big of a company is Delta Air Lines?

Delta Air Lines has a market capitalization of $22.13 billion and generates $47.01 billion in revenue each year. The transportation company earns $4.77 billion in net income (profit) each year or $7.31 on an earnings per share basis. Delta Air Lines employs 91,000 workers across the globe.

What is Delta Air Lines' official website?

The official website for Delta Air Lines is www.delta.com.

How can I contact Delta Air Lines?

Delta Air Lines' mailing address is 1030 DELTA BOULEVARD, ATLANTA GA, 30320. The transportation company can be reached via phone at 404-715-2600 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff