S&P 500   4,283.74 (+0.23%)
DOW   33,999.04 (+0.06%)
QQQ   329.48 (+0.30%)
AAPL   174.12 (-0.25%)
MSFT   290.09 (-0.42%)
META   174.55 (-0.17%)
GOOGL   120.10 (+0.46%)
AMZN   142.34 (+0.17%)
TSLA   908.23 (-0.41%)
NVDA   187.82 (+2.44%)
NIO   19.90 (-0.90%)
BABA   90.71 (+1.05%)
AMD   100.48 (+2.25%)
MU   63.08 (+2.37%)
T   18.40 (-0.11%)
CGC   3.80 (-6.40%)
F   16.14 (+0.69%)
GE   79.23 (-0.86%)
DIS   122.70 (-0.09%)
AMC   18.86 (-11.70%)
PYPL   99.85 (+0.43%)
PFE   48.59 (-1.38%)
NFLX   244.83 (+1.53%)
S&P 500   4,283.74 (+0.23%)
DOW   33,999.04 (+0.06%)
QQQ   329.48 (+0.30%)
AAPL   174.12 (-0.25%)
MSFT   290.09 (-0.42%)
META   174.55 (-0.17%)
GOOGL   120.10 (+0.46%)
AMZN   142.34 (+0.17%)
TSLA   908.23 (-0.41%)
NVDA   187.82 (+2.44%)
NIO   19.90 (-0.90%)
BABA   90.71 (+1.05%)
AMD   100.48 (+2.25%)
MU   63.08 (+2.37%)
T   18.40 (-0.11%)
CGC   3.80 (-6.40%)
F   16.14 (+0.69%)
GE   79.23 (-0.86%)
DIS   122.70 (-0.09%)
AMC   18.86 (-11.70%)
PYPL   99.85 (+0.43%)
PFE   48.59 (-1.38%)
NFLX   244.83 (+1.53%)
S&P 500   4,283.74 (+0.23%)
DOW   33,999.04 (+0.06%)
QQQ   329.48 (+0.30%)
AAPL   174.12 (-0.25%)
MSFT   290.09 (-0.42%)
META   174.55 (-0.17%)
GOOGL   120.10 (+0.46%)
AMZN   142.34 (+0.17%)
TSLA   908.23 (-0.41%)
NVDA   187.82 (+2.44%)
NIO   19.90 (-0.90%)
BABA   90.71 (+1.05%)
AMD   100.48 (+2.25%)
MU   63.08 (+2.37%)
T   18.40 (-0.11%)
CGC   3.80 (-6.40%)
F   16.14 (+0.69%)
GE   79.23 (-0.86%)
DIS   122.70 (-0.09%)
AMC   18.86 (-11.70%)
PYPL   99.85 (+0.43%)
PFE   48.59 (-1.38%)
NFLX   244.83 (+1.53%)
S&P 500   4,283.74 (+0.23%)
DOW   33,999.04 (+0.06%)
QQQ   329.48 (+0.30%)
AAPL   174.12 (-0.25%)
MSFT   290.09 (-0.42%)
META   174.55 (-0.17%)
GOOGL   120.10 (+0.46%)
AMZN   142.34 (+0.17%)
TSLA   908.23 (-0.41%)
NVDA   187.82 (+2.44%)
NIO   19.90 (-0.90%)
BABA   90.71 (+1.05%)
AMD   100.48 (+2.25%)
MU   63.08 (+2.37%)
T   18.40 (-0.11%)
CGC   3.80 (-6.40%)
F   16.14 (+0.69%)
GE   79.23 (-0.86%)
DIS   122.70 (-0.09%)
AMC   18.86 (-11.70%)
PYPL   99.85 (+0.43%)
PFE   48.59 (-1.38%)
NFLX   244.83 (+1.53%)
NYSE:DAL

Delta Air Lines - DAL Stock Forecast, Price & News

$34.46
-0.08 (-0.23%)
(As of 08/18/2022 04:10 PM ET)
Add
Compare
Today's Range
$34.03
$34.69
50-Day Range
$28.97
$36.75
52-Week Range
$28.09
$46.27
Volume
327,521 shs
Average Volume
9.69 million shs
Market Capitalization
$22.10 billion
P/E Ratio
37.46
Dividend Yield
N/A
Price Target
$49.50

Delta Air Lines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
44.2% Upside
$49.50 Price Target
Short Interest
Healthy
2.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.50
Upright™ Environmental Score
News Sentiment
0.60mentions of Delta Air Lines in the last 14 days
Based on 17 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.

2.92 out of 5 stars

Transportation Sector

11th out of 123 stocks

Air Transportation, Scheduled Industry

1st out of 19 stocks

DAL stock 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.

Delta Air Lines Stock Performance

DAL Stock traded down $0.80 during midday trading on Wednesday, hitting $34.54. 7,852,310 shares of the stock traded hands, compared to its average volume of 14,627,811. Delta Air Lines has a 1-year low of $28.09 and a 1-year high of $46.27. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.66 and a quick ratio of 0.59. The stock's fifty day simple moving average is $31.68 and its 200-day simple moving average is $36.83. The firm has a market cap of $22.15 billion, a P/E ratio of 37.80 and a beta of 1.20.

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

Analyst Upgrades and Downgrades

DAL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Delta Air Lines from $69.00 to $70.00 and gave the company an "overweight" rating in a report on Friday, April 22nd. Barclays cut their price target on shares of Delta Air Lines from $60.00 to $45.00 and set an "overweight" rating on the stock in a report on Friday, July 8th. Susquehanna Bancshares lowered their price objective on Delta Air Lines from $47.00 to $35.00 and set a "positive" rating for the company in a research report on Tuesday, July 12th. Argus lowered Delta Air Lines from a "buy" rating to a "hold" rating in a research report on Friday, July 15th. Finally, Melius assumed coverage on Delta Air Lines in a report on Monday. They issued a "buy" rating for the company. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $49.50.

Insider Activity

In related news, Director David S. Taylor purchased 10,000 shares of the business's stock in a transaction that occurred on Thursday, July 14th. The stock was bought at an average price of $29.31 per share, with a total value of $293,100.00. Following the acquisition, the director now owns 43,010 shares in the company, valued at $1,260,623.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Steven M. Sear sold 12,780 shares of the company's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $41.65, for a total transaction of $532,287.00. Following the completion of the sale, the executive vice president now owns 90,373 shares of the company's stock, valued at $3,764,035.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director David S. Taylor purchased 10,000 shares of the firm's stock in a transaction dated Thursday, July 14th. The stock was acquired at an average cost of $29.31 per share, for a total transaction of $293,100.00. Following the completion of the purchase, the director now owns 43,010 shares of the company's stock, valued at approximately $1,260,623.10. The disclosure for this purchase can be found here. Insiders have sold 48,148 shares of company stock worth $1,945,960 in the last quarter. Corporate insiders own 0.84% of the company's stock.

Receive DAL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Delta Air Lines and its competitors with MarketBeat's FREE daily newsletter.

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 Air Line Stock's Recent Rally Could Hit a Ceiling
Why Is Delta Airlines in Hot Water Over a Viral Tweet?
Delta Air Lines (NYSE:DAL) Research Coverage Started at Melius
Why Shares in Azul Soared Today
Wave of Solid Q2 Earnings Pushes Transport ETFs Higher
Schneider (SNDR) Stock Up 1.1% on Q2 Earnings Beat
See More Headlines
Receive DAL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Delta Air Lines and its competitors with MarketBeat's FREE daily newsletter.

DAL Company Calendar

Last Earnings
7/13/2022
Today
8/18/2022
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
+43.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
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
635,812,000
Market Cap
$22.10 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 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 analysts is that investors should "buy" DAL shares.
View DAL analyst ratings
or view top-rated stocks.

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

17 analysts have issued 12 month price objectives for Delta Air Lines' shares. Their DAL share price forecasts range from $35.00 to $70.00. On average, they anticipate the company's share price to reach $49.50 in the next twelve months. This suggests a possible upside of 43.3% from the stock's current price.
View analysts price targets for DAL
or view top-rated stocks among Wall Street analysts.

How have DAL shares performed in 2022?

Delta Air Lines' stock was trading at $39.08 at the start of the year. Since then, DAL shares have decreased by 11.6% and is now trading at $34.54.
View the best growth stocks for 2022 here
.

Are investors shorting Delta Air Lines?

Delta Air Lines saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 18,330,000 shares, a decrease of 17.9% from the July 15th total of 22,330,000 shares. Based on an average daily volume of 13,930,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 2.9% of the company's shares are sold short.
View Delta Air Lines' Short Interest
.

When is Delta Air Lines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 12th 2022.
View our DAL earnings forecast
.

How were Delta Air Lines' earnings last quarter?

Delta Air Lines, Inc. (NYSE:DAL) announced its quarterly earnings results on Wednesday, July, 13th. The transportation company reported $1.44 earnings per share 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 analyst estimates 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 for the quarter was up 93.9% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.07) earnings per share.
Read the conference call transcript
.

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

Delta Air Lines issued an update on its third quarter 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (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 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.

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 retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (3.32%), State Street Corp (3.30%), FMR LLC (2.20%), Northern Trust Corp (0.81%), Citadel Advisors LLC (0.00%) and Millennium Management LLC (0.00%). 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.
View institutional ownership trends
.

How do I buy shares of Delta Air Lines?

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.
Compare Top Brokerages Here.

What is Delta Air Lines' stock price today?

One share of DAL stock can currently be purchased for approximately $34.54.

How much money does Delta Air Lines make?

Delta Air Lines (NYSE:DAL) has a market capitalization of $22.15 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.

How many employees does Delta Air Lines have?

The company 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 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.

This page (NYSE:DAL) was last updated on 8/18/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.