Delta Air Lines Stock Should Take Flight After Solid Report Hosted by MarketBeat StaffApril 11, 2024 ShareLink copied to clipboard. Play video for Delta Air Lines Stock Should Take Flight After Solid ReportDetailsGuestsDespite persistently high demand, rapidly improving internal economics and record profits, Delta Air Lines NYSE: DAL stock has struggled to gain traction. The company’s efforts are reducing debt and lowering the leverage ratio, and has it on track to regain investment-quality debt ratings. The cash flow is solid, the company forecasts another massive debt reduction this year, and there is a dividend to consider. The dividend was recently reinstated and is on track for aggressive increases over the next few years. Altogether, this stock has everything it needs for its price to move to new highs, sustain them, and rally to new highs; the only question is if the market will follow through on the opportunity. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDALDelta Air Lines4.4532 of 5 stars$61.26-1.8%0.98%8.51 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored7 Retail Stocks to Buy for a Back-to-School SurgeAdvice like “skate where the puck is going" may sound like billboard investing, but there's a lot of tru...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. 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Hosted by MarketBeat StaffApril 11, 2024 ShareLink copied to clipboard. Play video for Delta Air Lines Stock Should Take Flight After Solid ReportDetailsGuestsDespite persistently high demand, rapidly improving internal economics and record profits, Delta Air Lines NYSE: DAL stock has struggled to gain traction. The company’s efforts are reducing debt and lowering the leverage ratio, and has it on track to regain investment-quality debt ratings. The cash flow is solid, the company forecasts another massive debt reduction this year, and there is a dividend to consider. The dividend was recently reinstated and is on track for aggressive increases over the next few years. Altogether, this stock has everything it needs for its price to move to new highs, sustain them, and rally to new highs; the only question is if the market will follow through on the opportunity. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDALDelta Air Lines4.4532 of 5 stars$61.26-1.8%0.98%8.51 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored7 Retail Stocks to Buy for a Back-to-School SurgeAdvice like “skate where the puck is going" may sound like billboard investing, but there's a lot of tru...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored20 "Past Their Prime" Stocks to Dump From Your PortfolioDid you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Large-Cap Stocks Poised for Strong, Steady Gains in 2025 Growth stocks have outperformed value stocks in 2024 and are likely to continue to do so in 2025. Two reason...MarketBeat