Delta Air Lines (NYSE:DAL) Releases Q2 Earnings Guidance

Delta Air Lines (NYSE:DAL - Get Free Report) updated its second quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.70-2.30 for the period, compared to the consensus earnings per share estimate of $2.21. Delta Air Lines also updated its Q2 2025 guidance to 1.700-2.300 EPS.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DAL. Dbs Bank cut Delta Air Lines from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 3rd. Bank of America cut their target price on shares of Delta Air Lines from $65.00 to $56.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Jefferies Financial Group reiterated a "hold" rating and issued a $46.00 price target (down previously from $85.00) on shares of Delta Air Lines in a research note on Tuesday, April 1st. Susquehanna dropped their price objective on shares of Delta Air Lines from $80.00 to $50.00 and set a "positive" rating on the stock in a research report on Monday, April 7th. Finally, StockNews.com lowered shares of Delta Air Lines from a "buy" rating to a "hold" rating in a report on Tuesday, April 8th. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $61.06.

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Delta Air Lines Stock Performance

Shares of NYSE DAL traded down $0.82 during trading hours on Monday, reaching $40.06. The stock had a trading volume of 5,972,674 shares, compared to its average volume of 9,276,769. The firm has a 50-day moving average of $52.37 and a 200-day moving average of $57.73. The firm has a market cap of $25.90 billion, a price-to-earnings ratio of 7.52, a PEG ratio of 0.75 and a beta of 1.23. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92. Delta Air Lines has a fifty-two week low of $34.74 and a fifty-two week high of $69.98.

Delta Air Lines (NYSE:DAL - Get Free Report) last announced its earnings results on Wednesday, April 9th. The transportation company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by ($0.38). Delta Air Lines had a return on equity of 30.41% and a net margin of 5.61%. The business had revenue of $12.98 billion for the quarter, compared to analysts' expectations of $13.85 billion. During the same quarter last year, the business posted $0.45 earnings per share. The business's revenue was down 5.6% on a year-over-year basis. Equities research analysts predict that Delta Air Lines will post 7.63 earnings per share for the current year.

Delta Air Lines Dividend Announcement

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

Insider Buying and Selling

In other news, SVP William C. Carroll sold 8,400 shares of the business's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $66.02, for a total transaction of $554,568.00. Following the transaction, the senior vice president now directly owns 19,756 shares in the company, valued at $1,304,291.12. The trade was a 29.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rahul D. Samant sold 38,023 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $64.89, for a total transaction of $2,467,312.47. Following the completion of the sale, the executive vice president now owns 52,789 shares of the company's stock, valued at approximately $3,425,478.21. The trade was a 41.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 162,886 shares of company stock valued at $11,116,463 over the last quarter. 0.96% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Delta Air Lines

A hedge fund recently raised its stake in Delta Air Lines stock. Brighton Jones LLC boosted its holdings in Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 33.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,174 shares of the transportation company's stock after acquiring an additional 2,302 shares during the quarter. Brighton Jones LLC's holdings in Delta Air Lines were worth $555,000 as of its most recent filing with the SEC. 69.93% of the stock is currently owned by institutional investors.

About Delta Air Lines

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.