Delta Air Lines (NYSE:DAL) Issues Earnings Results

Delta Air Lines (NYSE:DAL - Get Free Report) released its earnings results on Wednesday. The transportation company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.38), RTT News reports. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The firm had revenue of $12.98 billion during the quarter, compared to the consensus estimate of $13.85 billion. During the same period in the prior year, the business posted $0.45 earnings per share. Delta Air Lines's quarterly revenue was down 5.6% compared to the same quarter last year. Delta Air Lines updated its Q2 2025 guidance to 1.700-2.300 EPS and its Q2 guidance to $1.70-2.30 EPS.

Delta Air Lines Trading Down 2.0 %

Delta Air Lines stock traded down $0.82 during mid-day trading on Monday, hitting $40.06. 5,972,674 shares of the stock were exchanged, compared to its average volume of 9,276,769. The stock has a market capitalization of $25.90 billion, a price-to-earnings ratio of 7.52, a PEG ratio of 0.75 and a beta of 1.23. Delta Air Lines has a 12 month low of $34.74 and a 12 month high of $69.98. The company has a quick ratio of 0.32, a current ratio of 0.37 and a debt-to-equity ratio of 0.92. The firm's fifty day simple moving average is $52.37 and its two-hundred day simple moving average is $57.73.

Delta Air Lines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 27th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend was Thursday, February 27th. Delta Air Lines's payout ratio is presently 11.26%.

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Insider Activity

In related news, EVP Rahul D. Samant sold 38,023 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $64.89, for a total transaction of $2,467,312.47. Following the sale, the executive vice president now owns 52,789 shares in the company, valued at $3,425,478.21. This represents a 41.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Edward H. Bastian sold 91,710 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $69.85, for a total value of $6,405,943.50. Following the sale, the chief executive officer now directly owns 439,819 shares of the company's stock, valued at $30,721,357.15. This represents a 17.25 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 162,886 shares of company stock valued at $11,116,463. 0.96% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Delta Air Lines

An institutional investor recently raised its position in Delta Air Lines stock. Brighton Jones LLC grew its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 33.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,174 shares of the transportation company's stock after buying an additional 2,302 shares during the quarter. Brighton Jones LLC's holdings in Delta Air Lines were worth $555,000 at the end of the most recent reporting period. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DAL has been the topic of a number of recent analyst reports. StockNews.com lowered Delta Air Lines from a "buy" rating to a "hold" rating in a report on Tuesday, April 8th. TD Cowen lifted their price target on shares of Delta Air Lines from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Thursday. Dbs Bank cut shares of Delta Air Lines from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Citigroup reduced their target price on Delta Air Lines from $80.00 to $72.00 and set a "buy" rating on the stock in a report on Tuesday, March 18th. Finally, The Goldman Sachs Group lowered their price objective on shares of Delta Air Lines from $83.00 to $60.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $61.06.

Delta Air Lines Company Profile

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.