Delta Air Lines, Inc. (DAL)
| Market Cap | 28.48B |
| Revenue (ttm) | 60.12B |
| Net Income (ttm) | 4.49B |
| Shares Out | 645.42M |
| EPS (ttm) | 6.96 |
| PE Ratio | 6.34 |
| Forward PE | 6.40 |
| Dividend | $0.35 (0.79%) |
| Ex-Dividend Date | Jul 30, 2024 |
| Volume | 6,932,896 |
| Open | 43.97 |
| Previous Close | 43.47 |
| Day's Range | 43.36 - 44.28 |
| 52-Week Range | 30.60 - 53.86 |
| Beta | 1.35 |
| Analysts | Strong Buy |
| Price Target | 62.68 (+42.04%) |
| 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 13 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $62.68, which is an increase of 42.04% from the latest price.
News
Airline stocks snap back, heading for bullish ‘key reversal' patterns
Jets ETF and American Airlines' stock gap lower at the open, hit fresh lows, then rallied above the previous day's highs.
Delta canceled more flights in 5 days after the CrowdStrike outage than it did in 2018 and 2019 combined
Delta canceled more flights in less than a week due to a global IT outage than it did in two years. Between Friday and Tuesday, Delta canceled 5,470 flights.
Delta could take $500M profit hit after Crowdstrike outage: Wall Street analyst
Analysts have been cutting expectations for the premium airline after it struggled to bounce back from mass delays.
Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage
Delta Air Lines is reportedly facing a half-billion dollar hit after last week's IT outage. The air carrier on Wednesday (July 24) was still recovering from last week's incident, in which a software g...
Delta Air Lines Faces $500M Financial Hit As IT Outage Causes Thousands Of Cancellations
Delta Air Lines Inc DAL is about to face significant financial repercussions this quarter due to a recent system failure that resulted in thousands of flight cancellations and triggered a federal inve...
Delta Air Lines Stock Could Suffer Southwest's Fate After CrowdStrike Outage
Dismal earnings and tech issues have both weighed on Southwest's share price this year.
Citi's Stephen Trent on CrowdStrike's Lingering Impact on Delta
The US Department of Transportation is opening an investigation into Delta, as flight cancellations continue after Friday's global technology disruptions. Transportation Secretary Pete Buttigieg said ...
Delta Air Lines expects outage-related cancellations to end by Thursday, CEO says
Delta Air Lines expects flight cancellations and delays that resulted from a global technology breakdown last week to be resolved by Thursday, the carrier's chief executive said.
Delta's IT outage-related woes are costing airline $350 million and counting, analysts say
Delta has canceled 6,700 flights since last week's outage as it struggles to communicate with workers.
DOT Probes Delta's Handling of CrowdStrike Outage
Delta Air Lines' handling of a recent mass IT outage is the target of a federal investigation. The investigation is to “ensure the airline is following the law and taking care of its passengers during...
DOT Opens Investigation Into Delta Amid Ongoing Cancellations, Delays
Delta Air Lines (DAL) is officially being investigated by the Department of Transportation (DOT) over its response to Friday's global tech outage that caused the cancellation and delay of thousands of...
Delta meltdown probed by feds as airline struggles to recover days after global outage
While other carriers have been able to resume normal operations, Delta has continued to cancel hundreds of flights daily.
US is investigating Delta's flight cancellations and faltering response to global tech outage
U.S. regulators are investigating how Delta Air Lines is treating passengers affected by canceled and delayed flights as the airline struggles to recover from a global technology outage.
US opens investigation into Delta after airline cancels thousands of flights
Transportation department says move aims to ensure care of passengers after global cyber outage snarled operations
DOT investigating Delta over IT outage chaos
The U.S. Department of Transportation's Office of Aviation Consumer Protection is investigating Delta Air Lines over chaos sparked by last week's global IT outage, according to a statement. The DOT ci...
What's happening with Delta Air Lines? Cancellations continue 4 days after CrowdStrike outage
Delta Air Lines is facing ongoing challenges in the aftermath of a massive IT outage that has led to thousands of flight cancellations. While other airlines have returned to relatively normal operatio...
Delta Air Lines Meltdown Probed by Transportation Department
Federal transportation officials have launched an investigation into Delta Air Lines as the carrier struggled to rebound from an operations meltdown that led to thousands of canceled flights and stran...
US opens probe into Delta following widespread flight cancellations
The U.S. Transportation Department said on Tuesday it is opening an investigation into Delta Air Lines after the carrier canceled more than 5,000 flights since Friday as it struggles to recover from a...
More than 5,000 Delta flights cancelled due to IT outage
The airline was one of many affected by CrowdStrike's IT outage on Friday, but Delta continues to cancel flights while other airlines resume normal operations. Transcript: Conway Gittens: Here's what ...
Delta cancels hundreds more flights in struggle to recover from Microsoft outage
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled to recover from Friday's globe-spanning IT outage...
Final Trades: Interactive Brokers, Delta, the SMIN and IYH
The Investment Committee give you their top stocks to watch for the second half.
Delta cancels whopping 700 flights on Monday in wake of outage as other airlines recover
The Atlanta-based airline is battling operational issues after the outage hit its crew tracking system. Delta's total number of canceled flights since Friday has exceeded 5,000.
Delta was the hardest-hit US airline during the mass IT outage, and 3 days later, it's still suffering
A CrowdStrike update on Friday caused a global IT outage, disrupting flights, trains, and banks. Delta Air Lines was particularly badly impacted, canceling over 4,500 flights in four days, per FlightA...
Delta Struggles to Regain Footing After Technology Outage
Delta Air Lines DAL -1.66%decrease; red down pointing triangle has a lingering problem after a technology outage last week grounded thousands of flights: It is having trouble finding its crew.
Delta Cancellations Extend Into Monday as Airlines Deal With Effects of Tech Outage
The air travel industry is still feeling the impacts of Friday's global tech outage, with some airlines like Delta (DAL) canceling and delaying more flights into Monday morning.