In the latest trading session, 1.99 million Delta Air Lines, Inc (NYSE:DAL) shares changed hands as the company’s beta touched 1.21. With the company’s most recent per share price at $47.03 changing hands around $1.11 or 2.43% at last look, the market valuation stands at $30.38B. DAL’s current price is a discount, trading about -48.8% off its 52-week high of $69.98. The share price had its 52-week low at $37.29, which suggests the last value was 20.71% up since then. When we look at Delta Air Lines, Inc’s average trading volume, we note the 10-day average is 16.3 million shares, with the 3-month average coming to 9.64 million.
Analysts gave the Delta Air Lines, Inc (DAL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.36. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended DAL as a Hold, 17 felt it is a Buy and 0 rated the stock as Underweight. Delta Air Lines, Inc’s EPS for the current quarter is expected to be 0.51.
Delta Air Lines, Inc (NYSE:DAL) trade information
Instantly DAL is in green as seen in intraday trades today. With action 3.83%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -22.26%, with the 5-day performance at 3.83% in the green. However, in the 30-day time frame, Delta Air Lines, Inc (NYSE:DAL) is -26.90% down. Looking at the short shares, we see there were 26.48 million shares sold at short interest cover period of 3.57 days.
The consensus price target for the stock as assigned by Wall Street analysts is 77, meaning bulls need an upside of 38.92% from its recent market value. According to analyst projections, DAL’s forecast low is 65 with 100 as the target high. To hit the forecast high, the stock’s price needs a -112.63% plunge from its current level, while the stock would need to soar -38.21% for it to hit the projected low.
Delta Air Lines, Inc (DAL) estimates and forecasts
Year-over-year growth is forecast to reach 2.25% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 13.75B. 5 analysts are of the opinion that Delta Air Lines, Inc’s revenue for the current quarter will be 16.78B. The company’s revenue for the corresponding quarters a year ago was 13.75B and 16.66B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.05%. The estimates for the next quarter sales put growth at 0.72%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.08%. The 2025 estimates are for Delta Air Lines, Inc earnings to increase by 17.13%, but the outlook for the next 5-year period is at 14.29% per year.
DAL Dividends
Delta Air Lines, Inc is expected to release its next quarterly earnings report on 2025-Jan-09. The 1.17% annual yield figure for the share gives it an annual dividend of 0.55. It is important to note, however, that the 1.17% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.3 per year.
Delta Air Lines, Inc (NYSE:DAL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.36% of Delta Air Lines, Inc shares while 82.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.11%. There are 82.81% institutions holding the Delta Air Lines, Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.2474% of the shares, roughly 71.98 million DAL shares worth $3.41 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.6058% or 42.28 million shares worth $2.01 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 20.22 shares estimated at $951.11 million under it, the former controlled 3.13% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.68% of the shares, roughly 17.35 shares worth around $816.28 million.
