In today’s recent session, 2.97 million shares of the Delta Air Lines, Inc (NYSE:DAL) have been traded, and its beta is 1.46. Most recently the company’s share price was $41.05, and it changed around $0.75 or 1.86% from the last close, which brings the market valuation of the company to $26.80B. DAL at last check was trading at a discount to its 52-week high of $69.98, offering almost -70.48% off that amount. The share price’s 52-week low was $34.74, which indicates that the recent value has risen by an impressive 15.37% since then. We note from Delta Air Lines, Inc’s average daily trading volume that its 10-day average is 19.72 million shares, with the 3-month average coming to 11.67 million.
Delta Air Lines, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.54. If we narrow it down even further, the data shows that 0 out of 27 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 4 recommended DAL as a Hold, whereas 16 deemed it a Buy, and 1 rated it as Underweight. Delta Air Lines, Inc is expected to report earnings per share of 2.0 for the current quarter.
Delta Air Lines, Inc (NYSE:DAL) trade information
Instantly DAL has been showing a green trend so far today with a performance of 1.86% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 44.99 on recent trading dayincreased the stock’s daily price by 8.76%. The company’s shares are currently down -32.15% year-to-date, but still up 14.41% over the last five days. On the other hand, Delta Air Lines, Inc (NYSE:DAL) is -12.45% down in the 30-day period. We can see from the shorts that 23.01 million shares have been sold at a short interest cover period of 1.68 day(s).
The consensus price target as assigned by Wall Street analysts is $82, which translates to bulls needing to increase their stock price by 49.94% from its current value. Analyst projections state that DAL is forecast to be at a low of $42 and a high of $100.
Delta Air Lines, Inc (DAL) estimates and forecasts
The year-over-year growth rate is expected to be -1.74%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 16.16B in revenue for the current quarter. 5 analysts expect Delta Air Lines, Inc to make 15.56B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 16.66B and 15.68B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.96%. Forecasts for the next quarter put sales growth at -0.77%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -6.08%. Delta Air Lines, Inc earnings are expected to increase by -13.35% in 2025, but the outlook is positive 7.78% per year for the next five years.
DAL Dividends
Delta Air Lines, Inc’s next quarterly earnings report is expected to be released on 2025-Apr-08. The annual dividend yield of the stock is 1.34 percent and its annual dividend per share was 0.55. It is important to note, however, that the 1.34% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.3 per year.
Delta Air Lines, Inc (NYSE:DAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.34% of Delta Air Lines, Inc shares, and 81.94% of them are in the hands of institutional investors. The stock currently has a share float of 82.22%. Delta Air Lines, Inc stock is held by 1552.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.2474% of the shares, which is about 71.98 million shares worth $3.41 billion.
BLACKROCK INC., with 6.5955% or 42.28 million shares worth $2.01 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 20.22 shares worth $828.18 million, making up 3.10% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 17.35 shares worth around $710.77 million, which represents about 2.66% of the total shares outstanding.
