Delta Air Lines, Inc (NYSE:DAL) has a beta value of 1.44 and has seen 1.0 million shares traded in the recent trading session. The company, currently valued at $26.09B, closed the recent trade at $39.95 per share which meant it gained $0.48 on the day or 1.22% during that session. The DAL stock price is -75.17% off its 52-week high price of $69.98 and 13.04% above the 52-week low of $34.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 17.57 million shares traded. The 3-month trading volume is 11.82 million shares.
The consensus among analysts is that Delta Air Lines, Inc (DAL) is Buy stock at the moment, with a recommendation rating of 1.52. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 19 have rated it as a Hold, with 17 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 2.0.
Delta Air Lines, Inc (NYSE:DAL) trade information
Sporting 1.22% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DAL stock price touched $39.95 or saw a rise of 5.13%. Year-to-date, Delta Air Lines, Inc shares have moved -33.97%, while the 5-day performance has seen it change -0.87%. Over the past 30 days, the shares of Delta Air Lines, Inc (NYSE:DAL) have changed -14.58%. Short interest in the company has seen 23.01 million shares shorted with days to cover at 1.68.
Wall Street analysts have a consensus price target for the stock at $82, which means that the shares’ value could jump 51.28% from the levels at last check today.. The projected low price target is $42.0 while the price target rests at a high of $100.0. In that case, then, we find that the latest price level in today’s session is -150.31% off the targeted high while a plunge would see the stock gain -5.13% from the levels at last check today..
Delta Air Lines, Inc (DAL) estimates and forecasts
The company’s shares have lost -27.71% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -1.74%.
6 analysts offering their estimates for the company have set an average revenue estimate of 16.16B for the current quarter. 5 have an estimated revenue figure of 15.56B for the next ending quarter. Year-ago sales stood 16.66B and 15.68B respectively for this quarter and the next, and analysts expect sales will shrink by -2.96% for the current quarter and -1.74% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -6.08% over the past 5 years. Earnings growth for 2025 is a modest -13.35% while over the next 5 years, the company’s earnings are expected to increase by 7.78%.
DAL Dividends
Delta Air Lines, Inc is expected to release its next earnings report on 2025-Apr-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.55 at a share yield of 1.38%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.3%.
Delta Air Lines, Inc (NYSE:DAL)’s Major holders
Insiders own 0.34% of the company shares, while shares held by institutions stand at 82.07% with a share float percentage of 82.34%. Investors are also buoyed by the number of investors in a company, with Delta Air Lines, Inc having a total of 1546.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 71.98 million shares worth more than $3.41 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.2299% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 42.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.01 billion and represent 6.5955% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.10% shares in the company for having 20.22 shares of worth $806.54 million while later fund manager owns 17.35 shares of worth $692.2 million as of Dec 31, 2024 , which makes it owner of about 2.66% of company’s outstanding stock.
