During the last session, Delta Air Lines, Inc. (NYSE:DAL)’s traded shares were 8.65 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stock’s price was $42.49, reflecting an intraday gain of 2.24% or $0.93. The 52-week high for the DAL share is $53.86, that puts it down -26.76 from that peak though still a striking 27.98% gain since the share price plummeted to a 52-week low of $30.60. The company’s market capitalization is $27.42B, and the average intraday trading volume over the past 10 days was 5.9 million shares, and the average trade volume was 8.61 million shares over the past three months.

Delta Air Lines, Inc. (DAL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.32. DAL has a Sell rating from 0 analyst(s) out of 19 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 17 recommend a Buy rating for it.

Delta Air Lines, Inc. (NYSE:DAL) trade information

Delta Air Lines, Inc. (DAL) registered a 2.24% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.24% in intraday trading to $42.49, hitting a weekly high. The stock’s 5-day price performance is 2.68%, and it has moved by 2.39% in 30 days. Based on these gigs, the overall price performance for the year is -1.71%. The short interest in Delta Air Lines, Inc. (NYSE:DAL) is 32.12 million shares and it means that shorts have 3.28 day(s) to cover.

The consensus price target of analysts on Wall Street is $56, which implies an increase of 24.12% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $38 and $85 respectively. As a result, DAL is trading at a discount of -100.05% off the target high and 10.57% off the low.

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 0.78% during the last six months, with a year-to-date growth rate more than the industry average at -4.16% against -19.10.

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 -2.56% in 2024, the next five years will return 8.69% per annum.

DAL Dividends

Delta Air Lines, Inc. is due to release its next quarterly earnings on 2024-Oct-10. 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 0.45, with the dividend yield indicating at 1.06 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.3%.

Delta Air Lines, Inc. (NYSE:DAL)’s Major holders

Delta Air Lines, Inc. insiders own 0.30% of total outstanding shares while institutional holders control 78.04%, with the float percentage being 78.27%. VANGUARD GROUP INC is the largest shareholder of the company, while 1446.0 institutions own stock in it. As of 2024-06-30, the company held over 71.98 million shares (or 11.2474% of all shares), a total value of $3.41 billion in shares.

The next largest institutional holding, with 42.28 million shares, is of BLACKROCK INC.’s that is approximately 6.6058% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.01 billion.