Delta Air Lines Company Profile (NYSE:DAL)

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

Delta Air Lines announced a quarterly dividend on Friday, May 5th. Stockholders of record on Friday, May 19th will be given a dividend of $0.2025 per share on Friday, June 9th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Wednesday, May 17th. View Delta Air Lines' Dividend History.

Delta Air Lines, Inc. (NYSE:DAL) announced its earnings results on Thursday, July, 13th. The company reported $1.64 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.66 by $0.02. The firm earned $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. Delta Air Lines had a net margin of 9.30% and a return on equity of 28.33%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.47 EPS. View Delta Air Lines' Earnings History.

Delta Air Lines is scheduled to release their next quarterly earnings announcement on Wednesday, October, 11th 2017. View Earnings Estimates for Delta Air Lines.

15 analysts have issued twelve-month price objectives for Delta Air Lines' stock. Their forecasts range from $35.00 to $80.00. On average, they anticipate Delta Air Lines' stock price to reach $59.43 in the next year. View Analyst Ratings for Delta Air Lines.

Here are some recent quotes from research analysts about Delta Air Lines stock:

• 1. According to Zacks Investment Research, "Shares of Delta rallied 19.9% in the last three months, handily outperforming the Zacks categorized Transportation Airline industry's gain of 10.2%.  Delta received encouraging news recently on the passenger unit revenue front. The metric registered 3.5% year over year growth in May.  The company is expected to perform well in the second quarter, results of which should be released later in the month. The positive sentiment surrounding the stock can be gauged from the fact that  the the Zacks Consensus Estimate for the second quarter has increased 2.5% over the last month to $1.64 per share. The company's decision to hike quarterly dividend is also reassuring. Moreover, we are impressed with Delta’s employee-friendly approach as well as expansion and debt-reduction efforts. However, increasing costs are likely to once again hurt bottom-line growth in the second quarter of 2017." (7/4/2017)
• 2. Cowen and Company analysts commented, "As expected, Delta adjusted 1Q17 guidance this morning to reflect flat PRASM. Overall, traditional 1Q17 guidance metrics were in line with our expectations but other revenue and non-operating expense were more negative than expected. Management is still targeting sequentially improving PRASM trends and margin improvement in 2H17. As we indicated last week when we commented on Delta's February traffic (see our report here), we anticipated Delta would lower 1Q17 guidance due to lower than expected PRASM. Delta now forecasts 1Q17 operating margin of 10% to 11% (11% to 13% previously; Cowen 11%), with PRASM flat (flat to up 2% previously; Cowen flat), jet fuel of $1.71 to $1.76/gallon ($1.68 to $1.73/gallon previously; Cowen $1.73/gallon) and CASM ex up 5.5% to 6.5% (up 5% to 7% previously; Cowen up 5.9%). Delta also provided 1Q17 guidance for cargo and other revenue as well as non-operating expense. Management anticipates 1Q17 cargo & other revenue to be $1.4 to $1.5 Bn, below our estimate of $1.52 Bn. Management cited timing of credit card revenue and refinery sales as the reason for lower cargo & other revenue. Delta also forecasts 1Q17 non-operating expense of $145 to $170 MM, compared to our estimate of $85MM. Management cited joint venture impact on other non-operating expenses as the biggest deviation. We also lump in currency translation as a modest headwind. Both other revenue and non-operating expenses have a material impact on the company's expected EPS in 1Q17." (3/6/2017)

Delta Air Lines saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 18,639,412 shares, an increase of 26.5% from the May 31st total of 14,735,044 shares. Based on an average daily volume of 8,702,241 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.5% of the company's shares are short sold.

Some companies that are related to Delta Air Lines include Ryanair Holdings PLC (RYAAY), United Continental Holdings (UAL), Ryanair Holdings Plc (RYA), International Consolidated Airlns Grp SA (IAG), Gol Linhas Aereas Inteligentes S.A. (GOL), Alaska Air Group (ALK), China Southern Airlines Company Limited (ZNH), JetBlue Airways Corporation (JBLU), LATAM Airlines Group S.A. (LTM), easyJet plc (EZJ), Copa Holdings, S.A. (CPA), Spirit Airlines (SAVE), Hawaiian Holdings (HA), Azul SA (AZUL), SkyWest (SKYW), Wizz Air Holdings PLC (WIZZ), Avianca Holdings S.A. (AVH) and Dart Group PLC (DTG).

Delta Air Lines' management team includes the folowing people:

• Glen W. Hauenstein, President
• Edward H. Bastian, Chief Executive Officer, Director
• Paul A. Jacobson, Chief Financial Officer, Executive Vice President
• Wayne Gilbert West, Chief Operating Officer, Senior Executive Vice President
• Joanne D. Smith, Chief Human Resource Officer, Executive Vice President
• Steven M. Sear, Executive Vice President - Global Sales, President - International
• Peter W. Carter, Executive Vice President, Chief Legal Officer
• Francis S. Blake, Non-Executive Independent Chairman of the Board
• Douglas R. Ralph, Director
• Daniel A. Carp, Independent Director

Delta Air Lines' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.29%), US Bancorp DE (0.19%), Bank of Montreal Can (0.18%), Chevy Chase Trust Holdings Inc. (0.18%), Sit Investment Associates Inc. (0.06%) and NN Investment Partners Holdings N.V. (0.05%). Company insiders that own Delta Air Lines stock include Craig M Meynard, Douglas R Ralph, Edward H Bastian, Francis S Blake, George N Mattson, Glen W Hauenstein, Joanne D Smith, John Ivan Babic, John S Brinzo, Paul A Jacobson, Peter W Carter, Richard H Anderson, Roy J Bostock, Shirley C Franklin, Steven M Sear and W Gilbert West. View Institutional Ownership Trends for Delta Air Lines.

Delta Air Lines' stock was sold by a variety of institutional investors in the last quarter, including Armstrong Shaw Associates Inc. CT, NN Investment Partners Holdings N.V., Trust Department MB Financial Bank N A, Sit Investment Associates Inc., Meeder Asset Management Inc., Highland Capital Management LLC, Capstone Asset Management Co. and Exxonmobil Investment Management Inc. TX. Company insiders that have sold Delta Air Lines stock in the last year include Craig M Meynard, Edward H Bastian, Glen W Hauenstein, Joanne D Smith, Paul A Jacobson, Shirley C Franklin, Steven M Sear and W Gilbert West. View Insider Buying and Selling for Delta Air Lines.

Delta Air Lines' stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, US Bancorp DE, Chevy Chase Trust Holdings Inc., Deane Retirement Strategies Inc., Mn Services Vermogensbeheer B.V., James Investment Research Inc., Norman Fields Gottscho Capital Management LLC and Capital Management Corp VA. Company insiders that have bought Delta Air Lines stock in the last two years include Douglas R Ralph, Francis S Blake, George N Mattson, John Ivan Babic, Paul A Jacobson and Peter W Carter. View Insider Buying and Selling for Delta Air Lines.

Shares of Delta Air Lines can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Delta Air Lines stock can currently be purchased for approximately $53.79.