Delta Air Lines, Inc. (DAL)
| Market Cap | 40.54B |
| Revenue (ttm) | 60.31B |
| Net Income (ttm) | 4.65B |
| Shares Out | 641.11M |
| EPS (ttm) | 7.20 |
| PE Ratio | 8.78 |
| Forward PE | 8.69 |
| Dividend | $0.60 (0.95%) |
| Ex-Dividend Date | Oct 10, 2024 |
| Volume | 5,569,809 |
| Open | 64.08 |
| Previous Close | 64.07 |
| Day's Range | 62.39 - 64.08 |
| 52-Week Range | 35.46 - 66.25 |
| Beta | 1.34 |
| Analysts | Strong Buy |
| Price Target | 71.22 (+12.62%) |
| Earnings Date | Jan 10, 2025 |
About DAL
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, Sa... [Read more]
Financial Performance
In 2023, Delta Air Lines's revenue was $58.05 billion, an increase of 14.76% compared to the previous year's $50.58 billion. Earnings were $4.61 billion, an increase of 249.70%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $71.22, which is an increase of 12.62% from the latest price.
News
Delta Air Lines: Trump Presidency Is Bullish
Delta Air Lines shares surged 36.26% since September, driven by expectations of lower oil prices and a favorable regulatory environment under Trump's administration. Lower oil prices, due to potential...
Delta Air Lines: Just The Start
Delta Air Lines is finally trading above pre-Covid levels, overcoming the July IT outage. Cruise lines and other industrial transport stocks still trade at higher valuation multiples, suggesting the a...
United, Delta and Alaska Air are the buys in ‘mixed' air-travel recovery, says Goldman analyst
Goldman Sachs analyst Catherine O'Brien resumes coverage of airlines as carriers face choppy post-COVID world
Delta Air Lines: Continued Balance Sheet Improvements May Lead To Share Buybacks
In 3Q24, Delta Air Lines generated $15.67 billion in revenues, representing a year-on-year growth of 1.22%. Net income surged by 14.80% with net margins expanding to 8.11% from 7.15%. DAL shows strong...
Delta Air Lines: Continued Tailwind Expected As Shares Fly High, But Key Risks Could Cause Turbulence
Delta Air Lines gets its buy rating reaffirmed, with the expectation of a smaller short-term price growth than the 60% gain since my last rating. The airline benefits from a strong macro environment o...
Airline stocks are rising post-election due to lower tax rates and deregulation: Bernstein's Vernon
David Vernon, Bernstein analyst, joins 'Squawk on the Street' to discuss why airlines are beneficiaries of Trump's election, which airlines Vernon favors, and much more.
What's Happening With Delta Stock?
Delta stock (NYSE: DAL) was up 7% on Wednesday, November 6. While the broader markets rallied after the Trump victory, airline stocks at large saw an increased investor interest.
Josh Brown highlights two stocks poised for breakout: Delta Air Lines and Marriott
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he sees these two stocks breaking out.
DOT requires airlines to give refunds for flight delays
The US Department of Transportation has implemented a new consumer-friendly refund rule for air travelers. Under this regulation, passengers are now automatically entitled to refunds and other travel ...
Major airlines criticize Biden air competition review, seek more time
Groups representing major airlines on Friday criticized the Biden administration's broad public inquiry into the state of competition in air travel, saying the review could dramatically impact the fut...
Delta Air Lines Announces Webcast for 2024 Investor Day
ATLANTA , Oct. 30, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a webcast for its 2024 Investor Day at 8:30 a.m. ET, Wednesday, November 20, 2024.
CrowdStrike, Delta sue each other over flight disruptions
Cybersecurity firm CrowdStrike said on Monday it sued Delta Air Lines in U.S. District Court in Georgia after a faulty software update prompted a global outage in July.
Delta sues CrowdStrike over 'catastrophic' software crash
Delta Airlines is suing CrowdStrike over a July software crash that forced the carrier to cancel more than 7,000 flights. Transcript: Conway Gittens: The Street is on the mend to start a new week afte...
A lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom Fitzgerald
Tom Fitzgerald, TD Cowen analyst, joins 'Squawk Box' to discuss news of Boeing's capital raise, impact of Boeing's strike on airlines, tailwinds for airline stocks, and more.
Delta Sues CrowdStrike Over ‘Catastrophic' IT Outage
Delta Air Lines has made good on its promise to sue cybersecurity firm CrowdStrike. The lawsuit, as reported Friday (Oct. 25) evening by The Wall Street Journal (WSJ), stems from a worldwide technolog...
Delta sues CrowdStrike over ‘catastrophic' global outage that cost it over $500M
The July 19 incident led to worldwide flight cancellations and hit industries around the globe including banks, health care, media companies and hotel chains.
Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations
Delta is asking for damages to cover over $500 million in losses, along with litigation costs and punitive damages, after an IT outage involving CrowdStrike's security software. The airline, which can...
Delta sues CrowdStrike over software update that prompted mass flight disruptions
Delta Air Lines on Friday sued CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier...
Has Delta Air Lines Lost Its Leadership Role?
Delta Air Lines reported the highest net income among U.S. airlines in Q3 2024, despite operational disruptions from a CrowdStrike software update in July. Delta's strong brand equity and quick recove...
Delta Air Lines Soars With A Golden Cross: New Cabins, New Heights
Delta Air Lines Inc DAL isn't just taking its customers to new destinations — it's flying high on the stock charts as well.
United, Delta Fly High, Lift Industrial Stocks Beyond S&P 500 Gains
Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund XLI surging by 6.10%, outpacing the broader S&P 500's 3.72% gain.
US tentatively awards Washington flights to Delta, United, American
The U.S. Transportation Department on Wednesday said it was tentatively awarding five new daily round trip flights from Washington Reagan National airport to major airlines.
Delta pauses hot meal service on dozens of Detroit flights citing 'food safety issue' at caterer
Delta said its caterer was informed of a "food safety issue" in its Detroit hub and that activity there had been suspended. Delta said no customers or employees illnesses were reported.
Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.
Today's Final Trades from the Investment Committee.
United Airlines: Strong Read From Delta's Earnings
United Airlines is favored over Delta following the IT outage. The airline sector is normalizing post-Covid, with United well-positioned for higher profitability and potential capital returns to share...