Delta Air Lines - DAL Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 2 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DAL shares.
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17 Wall Street analysts have issued 1-year 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 $49.56 in the next twelve months. This suggests a possible upside of 38.8% from the stock's current price.
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Delta Air Lines' stock was trading at $39.08 on January 1st, 2022. Since then, DAL stock has decreased by 8.6% and is now trading at $35.71.
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Delta Air Lines saw a decline in short interest in October. As of October 31st, there was short interest totaling 17,470,000 shares, a decline of 12.5% from the October 15th total of 19,960,000 shares. Based on an average trading volume of 10,490,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.7% of the shares of the company are short sold.
View Delta Air Lines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 12th 2023.
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Delta Air Lines, Inc. (NYSE:DAL) released its quarterly earnings results on Thursday, October, 13th. The transportation company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by $0.05. The transportation company earned $13.98 billion during the quarter, compared to analysts' expectations of $13.62 billion. Delta Air Lines had a trailing twelve-month return on equity of 32.62% and a net margin of 0.18%. The firm's revenue was up 52.7% on a year-over-year basis. During the same quarter last year, the company earned $0.30 EPS.
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Delta Air Lines updated its FY 2024 earnings guidance on Thursday, October, 27th. The company provided earnings per share guidance of $7.00- for the period. The company issued revenue guidance of -.

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.97%), BlackRock Inc. (5.70%), Primecap Management Co. CA (3.49%), State Street Corp (3.26%), Renaissance Technologies LLC (1.37%) and U S Global Investors Inc. (1.10%). Insiders that own company stock include Berkshire Hathaway Inc, David S Taylor, Edward H Bastian, 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 $35.71.

Delta Air Lines (NYSE:DAL) has a market capitalization of $22.90 billion and generates $29.90 billion in revenue each year. The transportation company earns $280 million in net income (profit) each year or $0.11 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.