During the recent session, Delta Air Lines, Inc. (NYSE:DAL)’s traded shares were 2.13 million, with the beta value of the company hitting 1.40. At the last check today, the stock’s price was $49.63, reflecting an intraday loss of -0.49% or -$0.25. The 52-week high for the DAL share is $49.94, that puts it down -0.62 from that peak though still a striking 38.34% gain since the share price plummeted to a 52-week low of $30.60. The company’s market capitalization is $32.03B, and the average trade volume was 9.78 million shares over the past three months.
Delta Air Lines, Inc. (NYSE:DAL) trade information
Delta Air Lines, Inc. (DAL) registered a -0.49% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.49% in intraday trading to $49.63, hitting a weekly high. The stock’s 5-day price performance is 4.34%, and it has moved by 4.91% in 30 days. Based on these gigs, the overall price performance for the year is 51.56%.
Delta Air Lines, Inc. (DAL) estimates and forecasts
Statistics show that Delta Air Lines, Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Delta Air Lines, Inc. (DAL) shares have gone up 58.02% during the last six months, with a year-to-date growth rate more than the industry average at 5.28% against -3.00. In the rating firms’ projections, revenue will increase 5.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 15.48B as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 15.43B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 14.61B and 14.55B respectively. In this case, analysts expect current quarter sales to grow by 5.90% and then jump by 6.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.80%. While earnings are projected to return 5.15% in 2024, the next five years will return 9.63% per annum.
DAL Dividends
Delta Air Lines, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Delta Air Lines, Inc. is 0.30, with the dividend yield indicating at 0.60 percent, continuing the trend of increasing dividends in recent years.
