Delta Air Lines, Inc. (DAL)
| Market Cap | 32.21B |
| Revenue (ttm) | 59.04B |
| Net Income (ttm) | 5.01B |
| Shares Out | 645.31M |
| EPS (ttm) | 7.79 |
| PE Ratio | 6.41 |
| Forward PE | 7.29 |
| Dividend | $0.40 (0.80%) |
| Ex-Dividend Date | May 13, 2024 |
| Volume | 9,957,896 |
| Open | 49.76 |
| Previous Close | 49.88 |
| Day's Range | 49.18 - 50.24 |
| 52-Week Range | 30.60 - 50.24 |
| Beta | 1.43 |
| Analysts | Strong Buy |
| Price Target | 60.08 (+20.35%) |
| Earnings Date | Apr 10, 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 $60.08, which is an increase of 20.35% from the latest price.
News
Emergency slide falls off Delta plane after takeoff
The emergency exit slide fell off a Delta Airlines jet after taking off from New York en route to Los Angeles on Friday, Delta said.
Delta Board of Directors Welcomes Maria Black and Willie Chiang as Newest Members
ATLANTA , April 26, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE: DAL) board of directors today announced Maria Black and Willie CW Chiang as its newest members. Ms. Black is the President and Chief Ex...
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Delta Air Lines Declares Quarterly Dividend
ATLANTA , April 25, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of ...
American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design
NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design. Follow...
Airlines to give automatic cash refunds to flyers under new Biden regulation
The Biden administration has rolled out a new regulation that aims to make airlines provide automatic cash refunds to passengers owed such compensation.
Delta Air Lines gives workers 5% raise, boosts starting pay
Delta Air Lines announced Monday it is giving all its employees a 5% raise worldwide and is hiking starting pay to $19 an hour, after paying out $1.4 billion in profit-sharing bonuses.
Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
Delta is the country's most profitable airline and has repeatedly lifted staff pay.
We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
Jamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.
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Delta Air Lines Selects T-Mobile as Preferred Mobility Partner
BELLEVUE, Wash. & ATLANTA--(BUSINESS WIRE)--Today, Delta Air Lines (NYSE: DAL) announced it has named T-Mobile (NASDAQ: TMUS) as its preferred mobility partner, uniting America's most awarded airline ...
UAL, BA, DAL: Best Positioned Airline Stock Amid Boeing Issues
United Airlines (UAL) rises after a 1Q earnings beat. Jarrett Bilous discusses this, as well as how United Airlines has cut its 2024 delivery plan due to Boeing (BA) plane issues.
What's Next For Delta Air Lines Stock After 10% Gains In A Month And An Upbeat Q1?
Delta (NYSE: DAL) reported its Q1 results earlier this week, with revenues aligning and earnings beating the street estimates. The company reported adjusted revenue of $12.6 billion and earnings of $0...
Delta And United Contracts Prohibit Single Pilot Cockpits. American's Doesn't.
In one substantial way, American Airlines' contract with its pilots union differs from the contracts at Delta and United. American's contract does not specify that its airplanes will be operated with ...
Delta's results are further proof that the carrier is a winner, say analysts
Delta Air Lines Inc.'s strong first-quarter results this week provided more evidence of the airline's strength in a capacity-constrained environment, according to Melius Research analyst Conor Cunning...
Delta Reports Business Travel up 14% YOY
Delta Air Lines has seen growing demand for both leisure and business travel. That's according to company executives, who also announced that Delta delivered record revenue for the March quarter and e...
Delta's CEO says travel demand remains as strong as ever—even amid flight scares
Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents...
Delta eyes record Q2 on still-strong demand
Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite.
Delta CEO on Boeing crisis: I have 'confidence in the company'
A Boeing (BA) whistleblower's claims about the assembly of the 787 Dreamliner jet have reportedly sparked a Federal Aviation Administration (FAA) probe into the aviation manufacturer. When asked about...
Delta Air Lines flies higher on Q1 EPS beat
CNBC's Phil LeBeau reports on the latest news from Delta Air Lines.
Delta stock moves higher on earnings, bullish outlook for summer travel
Delta Air Lines (DAL) shares are trading higher after the company posted better-than-expected first quarter results on the top and bottom lines. Citi Managing Director and Equity Analyst Steve Trent j...
Delta Soars on Earnings Beat, Optimistic Guidance on Strong Demand for Travel
Delta Air Lines (DAL) shares rose in premarket trading Wednesday after the carrier reported record first-quarter revenue, with adjusted income and earnings per share (EPS) figures also topping expecta...
Delta Air Lines CEO Ed Bastian on Q1 EPS beat: There's more opportunity ahead
CNBC's Phil LeBeau and Delta Air Lines CEO Ed Bastian joins 'Squawk Box' to discuss the airline's quarterly earnings results, business travel demand, state of aviation safety, Boeing's quality concern...
Delta forecasts quarterly earnings ahead of expectations, focuses on efficiency as growth steadies
CNBC's Phil LeBeau joins 'Squawk Box' to break down the airline's quarterly earnings results.
Delta Sees 2Q Profit, Sales Beating Wall Street Expectations
Delta Air Lines expects to exceed Wall Street's projections on second-quarter profit and revenue due to increased corporate travel and steady leisure demand ahead of the summer travel season. George F...