Delta Air Lines - DAL Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 3 hold ratings, 13 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.

17 Wall Street analysts have issued twelve-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 $49.50 in the next year. This suggests a possible upside of 74.9% 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 shares have decreased by 27.6% and is now trading at $28.30.
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Delta Air Lines saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 16,610,000 shares, an increase of 6.7% from the August 15th total of 15,570,000 shares. Based on an average trading volume of 12,350,000 shares, the short-interest ratio is presently 1.3 days. Currently, 2.6% 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, October 12th 2022.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) announced its quarterly earnings data on Wednesday, July, 13th. The transportation company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.71 by $0.27. The transportation company earned $13.82 billion during the quarter, compared to the consensus estimate of $13.40 billion. Delta Air Lines had a net margin of 1.43% and a trailing twelve-month return on equity of 14.26%. The firm's revenue was up 93.9% on a year-over-year basis. During the same quarter last year, the company posted ($1.07) EPS.
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Delta Air Lines updated its third quarter 2022 earnings guidance on Wednesday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $12.69 billion-$13.19 billion, compared to the consensus revenue estimate of $13.28 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."

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 $28.30.

Delta Air Lines (NYSE:DAL) has a market capitalization of $18.15 billion and generates $29.90 billion in revenue each year. The transportation company earns $280 million in net income (profit) each year or $0.92 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.