Delta Air Lines, Inc (NYSE:DAL)’s traded shares stood at 2.0 million during the latest session, with the company’s beta value hitting 1.35. At the last check today, the stock’s price was $66.14, to imply an increase of 2.93% or $1.88 in intraday trading. The DAL share’s 52-week high remains $66.25, putting it -0.17% down since that peak but still an impressive 45.06% since price per share fell to its 52-week low of $36.34. The company has a valuation of $42.68B, with an average of 6.65 million shares in intraday trading volume over the past 10 days and average of 8.77 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Delta Air Lines, Inc (DAL), translating to a mean rating of 1.29. Of 19 analyst(s) looking at the stock, 0 analyst(s) give DAL a Sell rating. 1 of those analysts rate the stock as Overweight while 1 advise Hold as 17 recommend it as a Buy.

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

After registering a 2.93% upside in the latest session, Delta Air Lines, Inc (DAL) has traded red over the past five days. The 5-day price performance for the stock is 3.96%, and 13.47% over 30 days. With these gigs, the year-to-date price performance is 64.41%. Short interest in Delta Air Lines, Inc (NYSE:DAL) saw shorts transact 35.19 million shares and set a 4.08 days time to cover.

The extremes give us $55 and $83 for target low and target high price respectively. As such, DAL has been trading -25.49% off suggested target high and 16.84% from its likely low.

Delta Air Lines, Inc (DAL) estimates and forecasts

Looking at statistics comparing Delta Air Lines, Inc share performance against respective industry, we note that the company has outperformed competitors. Delta Air Lines, Inc (DAL) shares are 31.16% up over the last 6 months, with its year-to-date growth rate higher than industry average at -2.88% against -18.00%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.80% for the past 5-year period. While 2024 is set for a -2.21% return in earnings, projections for the next 5 years are at 8.57% annually.

DAL Dividends

Delta Air Lines, Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Delta Air Lines, Inc has a forward dividend ratio of 0.50, with the share yield ticking at 0.76% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.3%.

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

Delta Air Lines, Inc insiders hold 0.27% of total outstanding shares, with institutional holders owning 80.50% of the shares at 80.71% float percentage. In total, 80.50% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 71.98 million shares (or 11.2474% of shares), all amounting to roughly $3.41 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 42.28 million shares, or about 6.6058% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.01 billion.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Delta Air Lines, Inc (DAL) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 20.43 shares. This is just over 3.17% of the total shares, with a market valuation of $1.35 billion. Data from the same date shows that the other fund manager holds a little less at 16.8, or 2.60% of the shares, all valued at about 1.11 billion.