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 declared a quarterly dividend on Wednesday, August 9th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.305 per share on Wednesday, September 13th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Monday, August 21st. This is a boost from Delta Air Lines's previous quarterly dividend of $0.20. View Delta Air Lines' Dividend History.

Delta Air Lines, Inc. (NYSE:DAL) released its earnings results on Thursday, July, 13th. The company reported $1.64 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.66 by $0.02. The firm earned $10.79 billion during the quarter, compared to analysts' expectations of $10.81 billion. Delta Air Lines had a return on equity of 28.33% and a net margin of 9.30%. Delta Air Lines's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.47 earnings per share. 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.

16 brokerages have issued 12-month target prices for Delta Air Lines' stock. Their forecasts range from $48.00 to $80.00. On average, they anticipate Delta Air Lines' stock price to reach $62.31 in the next twelve months. 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, "We are pleased with Delta’s performance with respect to Passenger revenue per available seat mile (PRASM: a key measure of unit revenue).The impressive performance is expected to continue. The metric is expected to increase in the band of of 2.5% to 4.5% (on a year-over-year basis) in the third quarter. We are also impressed by the company's efforts to reward its shareholders through dividends and buybacks. Efforts to reduce its debt levels also please us. However, high costs continue to hurt the bottom line. In fact, Delta underperformed in the second quarter mainly due to elevated costs. Labor costs have surged due to the various labor deals inked by the company. Consequently, shares of the company have underperformed its industry so far this year. High labor costs are likely to hurt the bottom line in the third quarter as well." (8/21/2017)
• 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)

Some companies that are related to Delta Air Lines include Ryanair Holdings PLC (RYAAY), Gol Linhas Aereas Inteligentes S.A. (GOL), Ryanair Holdings Plc (RYA), United Continental Holdings (UAL), International Consolidated Airlns Grp SA (IAG), Alaska Air Group (ALK), LATAM Airlines Group S.A. (LTM), China Southern Airlines Company Limited (ZNH), JetBlue Airways Corporation (JBLU), Copa Holdings, S.A. (CPA), easyJet plc (EZJ), Azul SA (AZUL), Spirit Airlines (SAVE), Hawaiian Holdings (HA), 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 a variety of of institutional and retail investors. Top institutional shareholders include Berkshire Hathaway Inc. (7.30%), Vanguard Group Inc. (6.17%), BlackRock Inc. (5.88%), State Street Corp (3.70%), Evercore Trust Company N.A. (2.10%) and Bank of New York Mellon Corp (1.34%). 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 Alliancebernstein L.P., Ameriprise Financial Inc., BlackRock Inc., Berkshire Hathaway Inc., FMR LLC, APG Asset Management N.V., CIBC World Markets Inc. and Cyrus Capital Partners L.P.. 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 acquired by a variety of institutional investors in the last quarter, including Sound Shore Management Inc. CT, TIAA CREF Investment Management LLC, PointState Capital LP, Parametric Portfolio Associates LLC, Harbour Capital Advisors LLC, Principal Financial Group Inc., AJO LP and Teachers Advisors LLC. 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 $47.90.