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 twelve months. There are currently 15 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 analysts have issued twelve-month price objectives for Delta Air Lines' shares. Their DAL share price forecasts range from $35.00 to $70.00. On average, they predict the company's share price to reach $49.44 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts price targets for DAL or view top-rated stocks among Wall Street analysts.

Delta Air Lines' stock was trading at $32.86 on January 1st, 2023. Since then, DAL shares have increased by 19.0% and is now trading at $39.10.
View the best growth stocks for 2023 here.

Delta Air Lines saw a increase in short interest in December. As of December 30th, there was short interest totaling 19,530,000 shares, an increase of 21.9% from the December 15th total of 16,020,000 shares. Based on an average trading volume of 9,970,000 shares, the short-interest ratio is presently 2.0 days. Approximately 3.1% of the company's shares are short sold.
View Delta Air Lines' Short Interest.

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

Delta Air Lines, Inc. (NYSE:DAL) issued its quarterly earnings results on Friday, January, 13th. The transportation company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.31 by $0.17. The transportation company earned $13.44 billion during the quarter, compared to analyst estimates of $13.03 billion. Delta Air Lines had a net margin of 2.61% and a trailing twelve-month return on equity of 46.01%.
Read the conference call transcript.

Delta Air Lines issued an update on its FY23 earnings guidance on Friday, January, 13th. The company provided earnings per share guidance of $5.00-6.00 for the period, compared to the consensus earnings per share estimate of $5.14. The company issued revenue guidance of +15-20% yr/yr to $58.2-60.7 billion, compared to the consensus revenue estimate of $54.05 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 number of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.39%), Bristol John W & Co. Inc. NY (0.33%), DNB Asset Management AS (0.16%), Artemis Investment Management LLP (0.14%), New York State Teachers Retirement System (0.11%) and New York State Common Retirement Fund (0.09%). Insiders that own company stock include Berkshire Hathaway Inc, David S Taylor, Edward H Bastian, Francis S Blake, 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of DAL stock can currently be purchased for approximately $39.10.

Delta Air Lines (NYSE:DAL) has a market capitalization of $25.07 billion and generates $50.58 billion in revenue each year. The transportation company earns $1.32 billion in net income (profit) each year or $2.04 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.