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 announced a quarterly dividend on Friday, May 5th. Shareholders of record on Friday, May 19th will be paid a dividend of $0.2025 per share on Friday, June 9th. This represents a $0.81 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Wednesday, May 17th. View Delta Air Lines' Dividend History.

Delta Air Lines, Inc. (NYSE:DAL) posted its quarterly earnings data on Thursday, July, 13th. The company reported $1.64 EPS for the quarter, missing the Zacks' consensus estimate of $1.66 by $0.02. The company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. Delta Air Lines had a net margin of 9.30% and a return on equity of 28.33%. Delta Air Lines's quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the business earned $1.47 EPS. View Delta Air Lines' Earnings History.

Delta Air Lines is scheduled to release their next quarterly earnings announcement on Wednesday, October, 11th 2017. View Earnings Estimates for Delta Air Lines.

15 analysts have issued 1-year target prices for Delta Air Lines' shares. Their forecasts range from $35.00 to $80.00. On average, they expect Delta Air Lines' stock price to reach $59.43 in the next year. View Analyst Ratings for Delta Air Lines.

Here are some recent quotes from research analysts about Delta Air Lines stock:

• 1. According to Zacks Investment Research, "Shares of Delta rallied 19.9% in the last three months, handily outperforming the Zacks categorized Transportation Airline industry's gain of 10.2%.  Delta received encouraging news recently on the passenger unit revenue front. The metric registered 3.5% year over year growth in May.  The company is expected to perform well in the second quarter, results of which should be released later in the month. The positive sentiment surrounding the stock can be gauged from the fact that  the the Zacks Consensus Estimate for the second quarter has increased 2.5% over the last month to $1.64 per share. The company's decision to hike quarterly dividend is also reassuring. Moreover, we are impressed with Delta’s employee-friendly approach as well as expansion and debt-reduction efforts. However, increasing costs are likely to once again hurt bottom-line growth in the second quarter of 2017." (7/4/2017)
• 2. 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)

Delta Air Lines saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 18,639,412 shares, an increase of 26.5% from the May 31st total of 14,735,044 shares. Based on an average daily volume of 8,702,241 shares, the days-to-cover ratio is presently 2.1 days. Currently, 2.5% of the shares of the company are short sold.

Some companies that are related to Delta Air Lines include Ryanair Holdings Plc (RYA), United Continental Holdings (UAL), International Consolidated Airlns Grp SA (IAG), Alaska Air Group (ALK), JetBlue Airways Corporation (JBLU), China Southern Airlines Company Limited (ZNH), LATAM Airlines Group S.A. (LTM), Copa Holdings, S.A. (CPA), easyJet plc (EZJ), Spirit Airlines (SAVE), Hawaiian Holdings (HA), Azul SA (AZUL), SkyWest (SKYW), Wizz Air Holdings PLC (WIZZ), Gol Linhas Aereas Inteligentes S.A. (GOL), Avianca Holdings S.A. (AVH), Dart Group PLC (DTG) and Era Group (ERA).

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 many different of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.50%), Douglas Lane & Associates LLC (0.29%), Hermes Investment Management Ltd. (0.22%), US Bancorp DE (0.19%), Bank of Montreal Can (0.18%) and Chevy Chase Trust Holdings Inc. (0.18%). 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 APG Asset Management N.V., Hermes Investment Management Ltd., Armstrong Shaw Associates Inc. CT, NN Investment Partners Holdings N.V., Trust Department MB Financial Bank N A, Affinity Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Acadian Asset Management LLC. 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, Shirley C Franklin, Steven M Sear and W Gilbert West. View Insider Buying and Selling for Delta Air Lines.

Delta Air Lines' stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, PGGM Investments, US Bancorp DE, Russell Investments Group Ltd., Baskin Financial Services Inc., ING Groep NV, Patriot Wealth Management Inc. and Chevy Chase Trust Holdings Inc.. 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 $51.14.