Delta Air Lines, Inc. (DAL)
| Market Cap | 30.14B |
| Revenue (ttm) | 59.04B |
| Net Income (ttm) | 5.01B |
| Shares Out | 645.31M |
| EPS (ttm) | 7.79 |
| PE Ratio | 6.00 |
| Forward PE | 6.78 |
| Dividend | $0.35 (0.75%) |
| Ex-Dividend Date | Jul 30, 2024 |
| Volume | 6,247,232 |
| Open | 47.00 |
| Previous Close | 46.92 |
| Day's Range | 46.52 - 47.29 |
| 52-Week Range | 30.60 - 53.86 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 62.25 (+33.27%) |
| Earnings Date | Jul 11, 2024 |
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, DAL'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 15 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $62.25, which is an increase of 33.27% from the latest price.
News
The Winners and Losers as US Airlines Gear Up for July 4
Citi Analyst Stephen Trent discusses which companies he sees succeeding as US airlines gear up for July 4 travel. He speaks on Bloomberg Television.
Delta Air Lines Announces Webcast of June Quarter 2024 Financial Results
ATLANTA , June 27, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its June quarter 2024 financial results at 10 a.m. EDT, Thursday, July 11, 20...
Delta's swanky JFK lounge is part of a bigger strategy for the air carrier
An art-deco inspired bar and ceiling fixtures meant to evoke the Brooklyn Bridge. Pillows by Italian fashion giant Missoni.
Delta's most exclusive airport lounge opens: Here's what you need to know
Delta Air Lines CEO Ed Bastian joins 'Power Lunch' to discuss the company's new high-end lounge at JFK airport.
Delta's most exclusive airport lounge opens. Here's what's inside
The Delta One lounge opens this week at New York's John F. Kennedy International Airport, offering new perks for some of the airline's highest-paying customers.
How Delta made itself America's luxury airline — and what United wants to do about it
Delta started its journey to premium travel by fixing basics like on-time flights and reliable checked bag delivery. The airline is now the most profitable in the U.S. and expects to grow its cash flo...
Top Wall Street analysts recommend these stocks for the long haul
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Microsoft and Delta Air Lines
Delta Air Lines Declares Quarterly Dividend
ATLANTA , June 20, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.15 per share, an increase of 50% over previous levels. The dividend is ...
Will Delta Air Lines Stock See Higher Levels After A 3.5x Growth In Profits?
Delta (NYSE: DAL) saw its net income surge by 3.5x y-o-y to $4.6 billion in 2023. This can primarily be attributed to higher revenues, lower fuel and interest costs, and a gain on the sale of securiti...
Airline Stocks Are Soaring on Lower Fares. Here's Why.
The consumer price index report showed that airline fares fell 3.6% in May from the previous month.
Delta to launch premium economy service on NYC-LA flights in air travel upsell race
Delta is planning to launch its premium economy service on some transcontinental flights. Premium economy seats can cost twice as much as standard economy for some flights.
NTSB: American Airlines & Delta Near-Miss At JFK Proves Need For Tech
The National Transportation Safety Board has published an abstract of its final report on a near-miss collision between an American Airlines Boeing 777 and a Delta Air Lines Boeing 737 on the runway a...
Airlines headed for record revenue in 2024 as travel soars, but profit margins remain thin
The International Air Transport Association raised its profit forecast for the airline industry in 2024 and predicts a revenue of $996 billion — a record high and a 9.7% jump on the previous year. Tot...
Delta Air Lines committed to Boeing MAX 10, doesn't expect delivery soon
Delta Air Lines is still committed to the Boeing 737 MAX 10 model that it has on order for deliveries beginning next year, even though it does not anticipate receiving the aircraft for some time, CEO ...
Airline stock plays: Why Delta still flying above Jetblue
Citi airlines analyst Steve Trent joins Market Domination for a special edition of Good Buy or Goodbye to take a look at his previous call and evaluate how it holds up. Previously, Trent picked Delta ...
Delta Air Lines CEO Says Demand Remains ‘Really Strong'
Delta Air Lines CEO Ed Bastian is confident of good results in the second quarter and says consumers are “prioritizing travel above things” as demand remains “really strong.” Bastian discusses busines...
Airline Stocks Fall as American Cuts Guidance. Why It's an Overreaction.
Friday was the busiest day in U.S. aviation history as the summer travel season began in earnest. But the sector's stocks were falling Wednesday after American Airlines slashed its outlook.
U.S. travelers are hungry for international travel. These stocks will likely benefit.
U.S. airlines are looking at fairly blue skies this summer, with legacy air carriers likely to fare better than low-cost airlines as they may catch tailwinds from the Paris Summer Olympics and the str...
TD Cowen's Helane Becker says these U.S. airlines are buys on strong summer travel demand
Helane Becker, TD Cowen senior airlines analyst, joins 'Power Lunch' to discuss the anatomy of the consumer in the travel sector.
U.S. airlines challenge Biden administration's new transparency rules
Major U.S. airlines are challenging a new Biden Administration rule requiring them to disclose certain fees. Transcript: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.
Aeroméxico files NYSE IPO with backing from Apollo, Delta Air Lines
Grupo Aeroméxico S.A.B. de C.V. has filed plans to go public on the New York Stock Exchange about two years after it emerged from Chapter 11 bankruptcy with backing from Apollo Global Management Inc.
Airlines are suing the Biden administration over its new rule on fee transparency
WASHINGTON — U.S. airlines are suing to block the Biden administration from requiring greater transparency over fees that the carriers charge their passengers, saying that a new rule would confuse con...
