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Brokers Issue Forecasts for Delta Air Lines Q1 Earnings

Delta Air Lines logo with Transportation background

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Research analysts at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for shares of Delta Air Lines in a research note issued to investors on Tuesday, November 12th. Seaport Res Ptn analyst D. Mckenzie forecasts that the transportation company will post earnings of $0.65 per share for the quarter. The consensus estimate for Delta Air Lines' current full-year earnings is $6.07 per share. Seaport Res Ptn also issued estimates for Delta Air Lines' Q2 2025 earnings at $2.55 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $1.75 EPS and FY2027 earnings at $8.15 EPS.

Delta Air Lines (NYSE:DAL - Get Free Report) last announced its quarterly earnings results on Thursday, October 10th. The transportation company reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.52 by ($0.02). The firm had revenue of $15.68 billion for the quarter, compared to analysts' expectations of $14.65 billion. Delta Air Lines had a net margin of 7.71% and a return on equity of 29.93%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.03 EPS.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Delta Air Lines from $68.00 to $80.00 and gave the stock an "overweight" rating in a research report on Friday, October 11th. Sanford C. Bernstein lifted their price target on Delta Air Lines from $62.00 to $65.00 and gave the company an "outperform" rating in a research report on Tuesday, October 8th. BNP Paribas upgraded Delta Air Lines to a "strong-buy" rating in a report on Thursday, September 19th. TD Cowen boosted their target price on shares of Delta Air Lines from $59.00 to $75.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Barclays increased their price target on shares of Delta Air Lines from $60.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Delta Air Lines presently has an average rating of "Buy" and an average price target of $70.23.

Get Our Latest Stock Analysis on Delta Air Lines

Delta Air Lines Trading Up 0.6 %

NYSE DAL traded up $0.39 on Thursday, hitting $64.85. The company's stock had a trading volume of 7,170,375 shares, compared to its average volume of 9,396,274. The company has a current ratio of 0.39, a quick ratio of 0.34 and a debt-to-equity ratio of 1.05. Delta Air Lines has a 52-week low of $35.28 and a 52-week high of $66.25. The firm has a market cap of $41.85 billion, a P/E ratio of 9.04, a PEG ratio of 1.22 and a beta of 1.33. The company's 50-day simple moving average is $52.17 and its 200 day simple moving average is $48.51.

Delta Air Lines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 10th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, October 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.93%. Delta Air Lines's dividend payout ratio is presently 8.33%.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 19,490 shares of the company's stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $55.26, for a total value of $1,077,017.40. Following the transaction, the executive vice president now directly owns 121,961 shares in the company, valued at $6,739,564.86. This represents a 13.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Joanne D. Smith sold 3,431 shares of Delta Air Lines stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $50.46, for a total transaction of $173,128.26. Following the sale, the executive vice president now directly owns 108,990 shares of the company's stock, valued at $5,499,635.40. This represents a 3.05 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 140,240 shares of company stock worth $8,044,893. Insiders own 0.96% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Senator Investment Group LP grew its position in shares of Delta Air Lines by 90.0% during the 2nd quarter. Senator Investment Group LP now owns 475,000 shares of the transportation company's stock worth $22,534,000 after buying an additional 225,000 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of Delta Air Lines by 5.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 268,636 shares of the transportation company's stock worth $13,644,000 after purchasing an additional 13,802 shares during the period. Olstein Capital Management L.P. raised its stake in shares of Delta Air Lines by 32.6% during the 3rd quarter. Olstein Capital Management L.P. now owns 175,000 shares of the transportation company's stock worth $8,888,000 after acquiring an additional 43,000 shares in the last quarter. River Road Asset Management LLC increased its holdings in shares of Delta Air Lines by 22.8% in the third quarter. River Road Asset Management LLC now owns 130,608 shares of the transportation company's stock valued at $6,634,000 after purchasing an additional 24,249 shares during the period. Finally, abrdn plc grew its position in Delta Air Lines by 36.0% during the 3rd quarter. abrdn plc now owns 135,098 shares of the transportation company's stock worth $6,859,000 after purchasing an additional 35,792 shares during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

About Delta Air Lines

(Get Free Report)

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, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.

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Earnings History and Estimates for Delta Air Lines (NYSE:DAL)

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