Delta Air Lines (DAL) Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DAL shares.
View DAL analyst ratings or view top-rated stocks.

16 brokerages have issued 12-month price objectives for Delta Air Lines' stock. Their DAL share price forecasts range from $35.00 to $70.00. On average, they expect the company's stock price to reach $49.38 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price.
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Delta Air Lines' stock was trading at $32.86 at the beginning of 2023. Since then, DAL shares have increased by 10.4% and is now trading at $36.28.
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Delta Air Lines saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 25,510,000 shares, an increase of 12.5% from the March 31st total of 22,680,000 shares. Based on an average daily volume of 9,880,000 shares, the days-to-cover ratio is currently 2.6 days.
View Delta Air Lines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 12th 2023.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) released its quarterly earnings data on Thursday, April, 13th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.04. The transportation company earned $12.76 billion during the quarter, compared to the consensus estimate of $12.25 billion. Delta Air Lines had a net margin of 3.51% and a trailing twelve-month return on equity of 56.49%. The company's revenue was up 36.5% on a year-over-year basis. During the same period in the prior year, the company posted ($1.23) EPS.
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ETFs with the largest weight of Delta Air Lines (NYSE:DAL) stock in their portfolio include U.S. Global Jets ETF (JETS), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), Direxion Daily Transportation Bull 3X Shares (TPOR), ALPS Global Travel Beneficiaries ETF (JRNY) and Direxion Daily Travel & Vacation Bull 2X Shares (OOTO).

Delta Air Lines updated its FY 2023 earnings guidance on Monday, April, 17th. The company provided earnings per share (EPS) guidance of $5.00-$6.00 for the period, compared to the consensus estimate of $5.39. The company issued revenue guidance of $52.45 billion-$54.73 billion, compared to the consensus revenue estimate of $53.74 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 variety of institutional and retail investors. Top institutional investors include State Street Corp (3.37%), FMR LLC (2.30%), Geode Capital Management LLC (2.05%), Renaissance Technologies LLC (0.99%), GMT Capital Corp (0.97%) and Gallagher Fiduciary Advisors LLC (0.91%). Insiders that own company stock include David S Taylor, Edward H Bastian, Francis S Blake, Glen W Hauenstein, Greg Creed, Joanne D Smith, Michael P Huerta, Paul A Jacobson, Rahul D Samant, Steven M Sear 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 $36.28.

Delta Air Lines (NYSE:DAL) has a market capitalization of $23.32 billion and generates $50.58 billion in revenue each year. The transportation company earns $1.32 billion in net income (profit) each year or $2.95 on an earnings per share basis.

The company employs 95,000 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.