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Buffett's firm reports $44B loss but its businesses thrive
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Dems' climate, energy, tax bill clears initial Senate hurdle
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Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
NYSE:DAL

Delta Air Lines (DAL) Stock Forecast, Price & News

$32.94
-0.39 (-1.17%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$32.78
$33.40
50-Day Range
$28.97
$42.23
52-Week Range
$28.09
$46.27
Volume
7.72 million shs
Average Volume
13.85 million shs
Market Capitalization
$21.12 billion
P/E Ratio
35.80
Dividend Yield
N/A
Price Target
$49.50

Delta Air Lines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
50.3% Upside
$49.50 Price Target
Short Interest
Healthy
3.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.50
Upright™ Environmental Score
News Sentiment
0.28mentions of Delta Air Lines in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.95 M Sold Last Quarter
Proj. Earnings Growth
100.71%
From $2.80 to $5.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Transportation Sector

13th out of 153 stocks

Air Transportation, Scheduled Industry

4th out of 21 stocks

Delta Air Lines logo

About Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Susquehanna Bancshares decreased their target price on Delta Air Lines from $47.00 to $35.00 and set a "positive" rating on the stock in a research report on Tuesday, July 12th. Deutsche Bank Aktiengesellschaft decreased their target price on Delta Air Lines from $55.00 to $47.00 and set a "buy" rating on the stock in a research report on Thursday, July 14th. Bank of America upped their target price on Delta Air Lines from $47.00 to $50.00 in a research report on Thursday, April 14th. Berenberg Bank decreased their target price on Delta Air Lines from $54.00 to $48.50 in a research report on Wednesday, July 20th. Finally, Barclays decreased their target price on Delta Air Lines from $60.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, July 8th. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $49.50.

Delta Air Lines Trading Down 1.2 %

NYSE:DAL traded down $0.39 during trading hours on Friday, hitting $32.94. 7,722,925 shares of the company were exchanged, compared to its average volume of 13,845,651. The stock has a market capitalization of $21.12 billion, a price-to-earnings ratio of 35.80 and a beta of 1.20. The company has a current ratio of 0.66, a quick ratio of 0.59 and a debt-to-equity ratio of 6.01. Delta Air Lines has a one year low of $28.09 and a one year high of $46.27. The company has a fifty day simple moving average of $32.50 and a 200 day simple moving average of $37.04.

Delta Air Lines (NYSE:DAL - Get Rating) last announced its earnings results on Wednesday, July 13th. The transportation company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by ($0.27). The company had revenue of $13.82 billion for the quarter, compared to the consensus estimate of $13.40 billion. Delta Air Lines had a return on equity of 14.26% and a net margin of 1.43%. The firm's revenue for the quarter was up 93.9% on a year-over-year basis. During the same period in the prior year, the business earned ($1.07) earnings per share. Sell-side analysts expect that Delta Air Lines will post 2.8 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director David S. Taylor bought 10,000 shares of the stock in a transaction that occurred on Thursday, July 14th. The stock was acquired at an average cost of $29.31 per share, with a total value of $293,100.00. Following the transaction, the director now directly owns 43,010 shares in the company, valued at $1,260,623.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Delta Air Lines news, CEO Edward H. Bastian sold 27,664 shares of the stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $39.55, for a total transaction of $1,094,111.20. Following the completion of the sale, the chief executive officer now directly owns 446,712 shares in the company, valued at approximately $17,667,459.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David S. Taylor purchased 10,000 shares of the firm's stock in a transaction on Thursday, July 14th. The shares were acquired at an average price of $29.31 per share, with a total value of $293,100.00. Following the completion of the acquisition, the director now owns 43,010 shares in the company, valued at approximately $1,260,623.10. The disclosure for this purchase can be found here. Insiders sold a total of 48,148 shares of company stock valued at $1,945,960 in the last three months. Insiders own 0.63% of the company's stock.

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DAL Stock News Headlines

Is Boeing Stock is Ready for Lift-Off ? (DAL)
Aerospace giant Boeing (NYSE: BA) stock has rallied strong off its post-pandemic lows at $113.02 to cut its losses on the year to (-24%).
Can These Two Airline Stocks Overcome Gravity And Fly Higher?
Airlines as a group are hardly flying high, but American Airlines (NASDAQ: AAL) and Delta Air Lines (NYSE: DAL) are participating in this week’s market rally.
Delta places order for 100 Boeing 737 aircraft
Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the manufacturer additional momentum after a troubled rollout of its most advanced aircraft
Delta posts $735 million profit, sees strong revenue in Q3
The summer is off to a profitable start for Delta Air Lines
Wall Street opens lower after another hot inflation report
Stocks are falling on Wall Street after a highly anticipated report on inflation turned out to be even worse than expected
Release of latest US inflation data sends markets tumbling
Wall Street futures quickly turned from gains to losses Wednesday after the government reported that surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, likely sealing the case for another large interest rate hike by the Federal Reserve
US futures point to small gains ahead of US inflation data
Wall Street is pointing toward small gains ahead of the opening bell and the release of U.S. inflation data that could bring with it additional
Delta posts $735 million profit, sees strong revenue in 3Q
The summer is off to a profitable start for Delta Air Lines
Wave of Solid Q2 Earnings Pushes Transport ETFs Higher
Schneider (SNDR) Stock Up 1.1% on Q2 Earnings Beat
Spirit-JetBlue Merger: What Travelers Need to Know
See More Headlines

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DAL Company Calendar

Last Earnings
7/13/2022
Today
8/07/2022
Next Earnings (Estimated)
10/12/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
24736170
Employees
83,000
Year Founded
1925

Price Target and Rating

Average Stock Price Forecast
$49.50
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+50.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$280 million
Pretax Margin
2.32%

Debt

Sales & Book Value

Annual Sales
$29.90 billion
Book Value
$5.94 per share

Miscellaneous

Free Float
637,158,000
Market Cap
$21.12 billion
Optionable
Optionable
Beta
1.20

Social Links


Key Executives














DAL Stock - Frequently Asked Questions

Should I buy or sell Delta Air Lines stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last year. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Delta Air Lines stock.
View analyst ratings for Delta Air Lines
or view top-rated stocks.

What is Delta Air Lines' stock price forecast for 2022?

17 Wall Street analysts have issued 12 month price targets for Delta Air Lines' stock. Their DAL stock forecasts range from $35.00 to $70.00. On average, they predict Delta Air Lines' stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 50.3% from the stock's current price.
View analysts' price targets for Delta Air Lines
or view top-rated stocks among Wall Street analysts.

How has Delta Air Lines' stock performed in 2022?

Delta Air Lines' stock was trading at $39.08 on January 1st, 2022. Since then, DAL shares have decreased by 15.7% and is now trading at $32.94.
View the best growth stocks for 2022 here
.

When is Delta Air Lines' next earnings date?

Delta Air Lines is scheduled to release its next quarterly earnings announcement on Wednesday, October 12th 2022.
View our earnings forecast for Delta Air Lines
.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) issued its quarterly earnings data on Wednesday, July, 13th. The transportation company reported $1.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.07) EPS.
Read Delta Air Lines' conference call transcript
.

What guidance has Delta Air Lines issued on next quarter's earnings?

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.

What is Ed Bastian's approval rating as Delta Air Lines' CEO?

1,256 employees have rated Delta Air Lines CEO Ed Bastian on Glassdoor.com. Ed Bastian has an approval rating of 95% among Delta Air Lines' employees. This puts Ed Bastian in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Delta Air Lines own?

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).

What is Delta Air Lines' stock symbol?

Delta Air Lines trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAL."

Who are Delta Air Lines' major shareholders?

Delta Air Lines' stock is owned by a variety of institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (0.37%), Bristol John W & Co. Inc. NY (0.33%), Simplex Trading LLC (0.00%), Artemis Investment Management LLP (0.18%), Hosking Partners LLP (0.17%) and DnB Asset Management AS (0.17%). Company insiders that own Delta Air Lines 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.
View institutional ownership trends for Delta Air Lines
.

How do I buy shares of Delta Air Lines?

Shares of DAL 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.

What is Delta Air Lines' stock price today?

One share of DAL stock can currently be purchased for approximately $32.94.

How much money does Delta Air Lines make?

Delta Air Lines (NYSE:DAL) has a market capitalization of $21.12 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.

How many employees does Delta Air Lines have?

Delta Air Lines employs 83,000 workers across the globe.

Does Delta Air Lines have any subsidiaries?

The following companies are subsidiares of Delta Air Lines: Aero Assurance Ltd., DAL Global Technology Hub LLP, Delta Flight Products LLC, Delta Material Services LLC, Delta Professional Services LLC, Delta Vacations LLC, Endeavor Air Inc., Epsilon Trading LLC, Grupo Aeroméxico S.A.B. de C.V., MIPC LLC, Monroe Energy LLC, New Sky Ltd., Northwest Airlines Corporation, SkyMiles Holdings Ltd., SkyMiles IP Finance Ltd., SkyMiles IP Holdings Ltd., SkyMiles IP Ltd., and Virgin Atlantic Airways.
Read More

When was Delta Air Lines founded?

Delta Air Lines was founded in 1925.

How can I contact Delta Air Lines?

Delta Air Lines' mailing address is 1030 DELTA BOULEVARD, ATLANTA GA, 30320. The official website for Delta Air Lines 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.

This page (NYSE:DAL) was last updated on 8/7/2022 by MarketBeat.com Staff

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