Delta Air Lines - DAL Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DAL shares.
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16 brokerages have issued 12-month price objectives for Delta Air Lines' shares. Their DAL share price forecasts range from $35.00 to $70.00. On average, they predict the company's stock price to reach $49.44 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
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Delta Air Lines' stock was trading at $32.86 at the beginning of the year. Since then, DAL shares have increased by 17.9% and is now trading at $38.73.
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Delta Air Lines saw a increase in short interest in December. As of December 30th, there was short interest totaling 19,530,000 shares, an increase of 21.9% from the December 15th total of 16,020,000 shares. Based on an average daily volume of 9,970,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 3.1% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 12th 2023.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) announced its quarterly earnings data on Friday, January, 13th. The transportation company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.17. The transportation company earned $13.44 billion during the quarter, compared to analyst estimates of $13.03 billion. Delta Air Lines had a trailing twelve-month return on equity of 46.01% and a net margin of 2.61%.
Read the conference call transcript.

Delta Air Lines updated its FY23 earnings guidance on Friday, January, 13th. The company provided earnings per share (EPS) guidance of $5.00-6.00 for the period, compared to the consensus earnings per share estimate of $5.14. The company issued revenue guidance of +15-20% yr/yr to $58.2-60.7 billion, compared to the consensus revenue estimate of $54.05 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAL."

Delta Air Lines' stock is owned by a number of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.39%), Bristol John W & Co. Inc. NY (0.33%), DNB Asset Management AS (0.16%), Artemis Investment Management LLP (0.14%), New York State Teachers Retirement System (0.11%) and Calamos Advisors LLC (0.08%). Insiders that own company stock include Berkshire Hathaway Inc, David S Taylor, Edward H Bastian, Francis S Blake, Glen W Hauenstein, Greg Creed, Jeanne P Jackson, Joanne D Smith, Michael P Huerta, Paul A Jacobson, Rahul D Samant, Steven M Sear, W Gilbert West and William C Carroll.
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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.
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One share of DAL stock can currently be purchased for approximately $38.73.

Delta Air Lines (NYSE:DAL) has a market capitalization of $24.83 billion and generates $50.58 billion in revenue each year. The transportation company earns $1.32 billion in net income (profit) each year or $2.04 on an earnings per share basis.

The company employs 83,000 workers across the globe.

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.