FY2026 EPS Estimates for Delta Air Lines Raised by Analyst

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Stock analysts at Seaport Res Ptn lifted their FY2026 earnings per share estimates for shares of Delta Air Lines in a research report issued to clients and investors on Tuesday, November 12th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings of $8.00 per share for the year, up from their previous estimate of $6.75. The consensus estimate for Delta Air Lines' current full-year earnings is $6.07 per share.

Other research analysts have also issued reports about the company. The Goldman Sachs Group reiterated a "buy" rating and issued a $83.00 price objective on shares of Delta Air Lines in a research report on Friday. Susquehanna raised their price target on Delta Air Lines from $50.00 to $59.00 and gave the company a "positive" rating in a report on Wednesday, October 9th. Bank of America boosted their price objective on Delta Air Lines from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, October 11th. Sanford C. Bernstein raised their target price on shares of Delta Air Lines from $62.00 to $65.00 and gave the company an "outperform" rating in a research note on Tuesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Delta Air Lines from $68.00 to $80.00 and gave the stock an "overweight" rating in a research note on Friday, October 11th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $71.22.

Delta Air Lines Price Performance

Shares of DAL traded down $0.78 during mid-day trading on Friday, hitting $64.07. 9,803,567 shares of the company traded hands, compared to its average volume of 9,398,935. The company has a current ratio of 0.39, a quick ratio of 0.34 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average of $52.62 and a 200 day moving average of $48.62. Delta Air Lines has a one year low of $35.28 and a one year high of $66.25. The stock has a market capitalization of $41.34 billion, a price-to-earnings ratio of 9.01, a PEG ratio of 1.23 and a beta of 1.33.

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

Institutional Trading of Delta Air Lines

A number of institutional investors have recently made changes to their positions in DAL. Pzena Investment Management LLC acquired a new position in shares of Delta Air Lines during the 3rd quarter worth approximately $281,206,000. Castle Hook Partners LP acquired a new position in shares of Delta Air Lines during the 3rd quarter worth about $189,296,000. Jupiter Asset Management Ltd. bought a new stake in shares of Delta Air Lines in the 2nd quarter valued at about $60,217,000. Dimensional Fund Advisors LP grew its holdings in Delta Air Lines by 12.5% during the second quarter. Dimensional Fund Advisors LP now owns 9,933,785 shares of the transportation company's stock worth $471,330,000 after purchasing an additional 1,105,674 shares during the period. Finally, Sanders Capital LLC increased its position in Delta Air Lines by 2.8% during the third quarter. Sanders Capital LLC now owns 27,841,592 shares of the transportation company's stock worth $1,414,074,000 after buying an additional 749,099 shares during the last quarter. Institutional investors own 69.93% of the company's stock.

Insider Activity

In related news, EVP Joanne D. Smith sold 3,431 shares of Delta Air Lines stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $50.46, for a total value of $173,128.26. Following the sale, the executive vice president now owns 108,990 shares of the company's stock, valued at approximately $5,499,635.40. This trade represents a 3.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP William C. Carroll sold 21,530 shares of the business's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $60.62, for a total value of $1,305,148.60. Following the completion of the sale, the senior vice president now owns 19,756 shares in the company, valued at $1,197,608.72. The trade was a 52.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,240 shares of company stock worth $8,044,893 in the last 90 days. Corporate insiders own 0.96% of the company's stock.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Thursday, October 10th. Delta Air Lines's dividend payout ratio is currently 8.33%.

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.