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 year. 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.
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17 brokerages have issued 1-year price objectives for Delta Air Lines' shares. 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 twelve months. This suggests a possible upside of 76.4% from the stock's current price.
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Delta Air Lines' stock was trading at $39.08 at the start of the year. Since then, DAL stock has decreased by 28.2% and is now trading at $28.06.
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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 daily 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 sold short.
View Delta Air Lines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 13th 2022.
View our DAL earnings forecast.

Delta Air Lines will be holding an earnings conference call on Thursday, October 13th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Delta Air Lines, Inc. (NYSE:DAL) posted 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 had revenue of $13.82 billion for the quarter, compared to the consensus estimate of $13.40 billion. Delta Air Lines had a trailing twelve-month return on equity of 14.26% and a net margin of 1.43%. The business's revenue for the quarter was up 93.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.07) EPS.
Read the conference call transcript.

Delta Air Lines updated its third quarter 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share 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 $28.06.

Delta Air Lines (NYSE:DAL) has a market capitalization of $17.99 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.