Delta Air Lines, Inc. (DAL)
| Market Cap | 25.89B |
| Revenue (ttm) | 57.26B |
| Net Income (ttm) | 3.40B |
| Shares Out | 643.46M |
| EPS (ttm) | 5.29 |
| PE Ratio | 7.60 |
| Forward PE | 6.69 |
| Dividend | $0.40 (0.99%) |
| Ex-Dividend Date | Oct 11, 2023 |
| Volume | 7,733,348 |
| Open | 40.53 |
| Previous Close | 40.63 |
| Day's Range | 39.98 - 40.66 |
| 52-Week Range | 30.60 - 49.81 |
| Beta | 1.40 |
| Analysts | Strong Buy |
| Price Target | 55.33 (+37.53%) |
| Earnings Date | Jan 12, 2024 |
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheo... [Read more]
Financial Performance
In 2022, DAL's revenue was $50.58 billion, an increase of 69.18% compared to the previous year's $29.90 billion. Earnings were $1.32 billion, an increase of 370.71%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $55.33, which is an increase of 37.53% from the latest price.
News
From FedEx to airlines, companies are starting to lose their pricing power
CNBC's Leslie Josephs and DCLA's Sarat Sethi, join 'Power Lunch' to discuss companies losing their pricing power in 2023.
Airlines urge Biden administration to do more to address flight delays
A group representing major passenger airlines on Friday urged U.S. transportation officials to do more to address the impact of private planes and air traffic controller staffing shortages on holiday ...
Delta Air Lines Announces Webcast of December Quarter and Full Year 2023 Financial Results
ATLANTA , Dec. 29, 2023 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its December quarter and full year 2023 financial results at 10 a.m. EST, Fri...
Citi names GM, Delta, KeyCorp as top stocks for 2024
Citigroup (C) has unveiled its top stock picks for 2024. Despite macroeconomic uncertainty, Citi analysts have named Delta (DAL), United (UAL), Boeing (BA) in aviation, General Motors (GM) for autos, ...
Three-Stock Lunch: Amazon, MGM Resorts & Delta
Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'Power Lunch' to discuss three stocks: Amazon, MGM Resorts, and Delta.
Airlines brace for holiday travel: What you need to know
Sara Nelson, International President of the Association of Flight Attendants, joins 'Squawk Box' to discuss disruptions in some airlines over the Christmas weekend, push for flight attendants' pay rai...
Travel volume this year will surpass 2019 levels, says David Banmiller
David Banmiller, President of the Falcon Group, discusses the travel season this year.
Here's Why Delta Air Lines (DAL) is a Strong Momentum Stock - Delta Air Lines (NYSE:DAL)
Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of...
US airlines say they're ready for record holiday travel
US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown.
US airlines ready for busier holiday travel after 2022 meltdown
US airlines say they are prepared for busier end-of-year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. More here:
Is Delta Air Lines Stalking American Airlines?
This week Delta DAL Air Lines announced three encroachments on American Airlines AAL territory. On Monday, it said it would expand at American's Miami hub.
Delta beefs up Austin flights in battle for fast-growing airport
Delta is adding flights in a bid to gain market-share in the fast-growing Austin airport.
Delta Air Lines CEO: Thanksgiving saw more travelers than any week in our history
Delta Air Lines CEO Ed Bastian joins 'Squawk on the Street' to discuss the company's new financial wellness program for employees, his insights on business travel, and more.
Delta has a really good opportunity to grow its international business: TD Cowen's Helane Becker
Helane Becker, TD Cowen's airline analyst, joins 'Squawk on the Street' to discuss the state of the airline sector, why she has Delta Air Lines as her top airline pick for 2024, and more.
Metropolitan Issues Statement on Release of Final Environmental Impact Report for Delta Conveyance Project
LOS ANGELES--(BUSINESS WIRE)--Adel Hagekhalil, general manager of the Metropolitan Water District of Southern California, issues the following statement on the California Department of Water Resources...
3 Charts For Investors To Watch Thursday
Stocks edged mostly lower Wednesday and the energy sector led declines after oil fell to a five-month low. However, upbeat guidance from Delta Air Lines, Inc. (DAL) provided a tailwind for airline sto...
US airlines' plans for growth constrained by antitrust concerns
Shortages of new planes, jet engines and pilots have left U.S. airlines with little choice but to pursue growth through acquisitions - which puts them in the crosshairs of anti-trust regulators.
Delta Sticks to Profit Guidance. Why That's Important for the Airlines Sector.
After record-breaking air travel over the Thanksgiving holiday, investors could be forgiven for expecting more from Delta's mid-quarter update.
Delta Air backs Q4 and full-year guidance
Delta Air Lines Inc. DAL, -1.44% backed its guidance for the fourth quarter and full-year on Wednesday, ahead of a presentation at the Morgan Stanley Global Consumer & Retail Conference. The airline i...
Global Airlines Set to Reach Record Revenue in 2023
Global airlines are poised to generate record revenue this year as net profit is forecast to reach $23.3 billion with the gains likely extending into 2024. International Air Transport Association Dire...
Airlines see stable profits, record traveller numbers in 2024
Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, industry group IATA said on Wednesday.
Jefferies' Sheila Kahyaoglu talks top airline picks into 2024
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk her top airline stocks into year-end.
Delta Air Lines to Present at the Morgan Stanley Global Consumer & Retail Conference
ATLANTA , Nov. 27, 2023 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference at 8 a.m. EST on Wednesday, Dec. 6, 202...
Airlines Battle Flight Delays on Busiest Day for Air Travel in History
Seven of the 10 busiest days in history have come in the past six months. The remaining three were in 2019.