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 Friday, May 5th. Shareholders 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 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, May 17th. View Delta Air Lines' Dividend History.

Delta Air Lines, Inc. (NYSE:DAL) released its earnings results on Wednesday, April, 12th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.04. The company had revenue of $9.15 billion for the quarter, compared to analysts' expectations of $9.14 billion. Delta Air Lines had a net margin of 10.19% and a return on equity of 28.67%. Delta Air Lines's quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.32 earnings per share. View Delta Air Lines' Earnings History.

Delta Air Lines is scheduled to release their next quarterly earnings announcement on Wednesday, July, 12th 2017. View Earnings Estimates for Delta Air Lines.

16 brokers have issued 1 year target prices for Delta Air Lines' shares. Their forecasts range from $35.00 to $68.00. On average, they anticipate Delta Air Lines' stock price to reach $54.18 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. 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)
• 2. According to Zacks Investment Research, "Shares of Delta outperformed the broader industry in the last six months. The company's employee-friendly approach is encouraging. Recently, the carrier paid more than $1 billion to its employees as part of its profit-sharing plan for 2016. We are also impressed by Delta’s efforts to enhance its shareholders’ wealth through dividends and share buybacks. The carrier returned $3.1 billion to investors in 2016. However, we note that technical glitches are the latest problems for carriers and Delta too suffered a computer outage latest, leading to the cancellation of multiple flights. Delta's moderate traffic numbers for January raises concerns. Load factor declined in the month as traffic growth was outpaced by capacity expansion." (2/17/2017)

Delta Air Lines saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 14,735,044 shares, a drop of 23.2% from the May 15th total of 19,192,637 shares. Based on an average daily trading volume, of 6,818,920 shares, the short-interest ratio is currently 2.2 days. Approximately 2.0% of the shares of the company are short sold.

Some companies that are related to Delta Air Lines include Ryanair Holdings PLC (RYAAY), 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), Spirit Airlines (SAVE), SkyWest (SKYW), Wizz Air Holdings PLC (WIZZ), Dart Group PLC (DTG), Avianca Holdings S.A. (AVH), Era Group (ERA), Flybe Group PLC (FLYB) and Fastjet PLC (FJET).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.22%), Vanguard Group Inc. (6.14%), Lansdowne Partners UK LLP (3.86%), State Street Corp (3.84%), Primecap Management Co. CA (3.12%) and Alliancebernstein L.P. (1.57%). 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 State Street Corp, Wellington Management Group LLP, Parametric Portfolio Associates LLC, Ameriprise Financial Inc., FMR LLC, Massachusetts Financial Services Co. MA, Vanguard Group Inc. and Columbus Circle Investors. 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, Richard H Anderson, 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 BlackRock Inc., Winslow Capital Management LLC, Dimensional Fund Advisors LP, Primecap Management Co. CA, Lansdowne Partners UK LLP, AQR Capital Management LLC, CIBC World Markets Inc. and Skandinaviska Enskilda Banken AB publ. 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 $52.92.