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 analysts have issued 1-year price targets for Delta Air Lines' stock. Their DAL share price forecasts range from $35.00 to $70.00. On average, they predict the company's stock price to reach $49.56 in the next twelve months. This suggests a possible upside of 41.2% from the stock's current price.
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Delta Air Lines' stock was trading at $39.08 at the beginning of the year. Since then, DAL shares have decreased by 10.2% and is now trading at $35.10.
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Delta Air Lines saw a decline in short interest during the month of 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 daily trading volume, of 10,490,000 shares, the short-interest ratio is presently 1.7 days. Approximately 2.7% of the company's shares are short sold.
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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) posted 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 $1.53 by $0.02. The transportation company earned $13.98 billion during the quarter, compared to analysts' expectations of $13.62 billion. Delta Air Lines had a net margin of 0.18% and a trailing twelve-month return on equity of 32.62%. The company's revenue for the quarter was up 52.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 earnings per share.
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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 number of institutional and retail investors. Top institutional shareholders 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 $35.10.

Delta Air Lines (NYSE:DAL) has a market capitalization of $22.51 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.