In today’s recent session, 3.35 million shares of the Delta Air Lines, Inc. (NYSE:DAL) have been traded, and its beta is 1.36. Most recently the company’s share price was $48.30, and it changed around -$0.51 or -1.04% from the last close, which brings the market valuation of the company to $31.17B. DAL at last check was trading at a discount to its 52-week high of $53.86, offering almost -11.51% off that amount. The share price’s 52-week low was $30.60, which indicates that the recent value has risen by an impressive 36.65% since then. We note from Delta Air Lines, Inc.’s average daily trading volume that its 3-month average coming to 8.89 million.
Delta Air Lines, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.27. If we narrow it down even further, the data shows that 0 out of 18 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 0 recommended DAL as a Hold, whereas 11 deemed it a Buy, and 0 rated it as Underweight. Delta Air Lines, Inc. is expected to report earnings per share of 2.37 for the current quarter.
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Delta Air Lines, Inc. (NYSE:DAL) trade information
Instantly DAL has been showing red trend so far today with a performance of -1.04% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 20.06% year-to-date, but still down -2.58% over the last five days. On the other hand, Delta Air Lines, Inc. (NYSE:DAL) is -6.83% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $57.36, which translates to bulls needing to increase their stock price by 15.79% from its current value. Analyst projections state that DAL is forecast to be at a low of $38 and a high of $85.
Delta Air Lines, Inc. (DAL) estimates and forecasts
Delta Air Lines, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 17.43 percent over the past six months and at a 5.76% annual growth rate that is well above the industry average of -9.70%. The year-over-year growth rate is expected to be 6.20%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 15.49B in revenue for the current quarter. 11 analysts expect Delta Air Lines, Inc. to make 15.42B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 14.61B and 14.55B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.00%. Forecasts for the next quarter put sales growth at 6.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.80%. Delta Air Lines, Inc. earnings are expected to increase by 6.62% in 2024, but the outlook is positive 9.62% per year for the next five years.
DAL Dividends
Delta Air Lines, Inc.’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.83 percent and its annual dividend per share was 0.40. It is important to note, however, that the 0.83% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
