Delta Air Lines, Inc. (DAL)
| Market Cap | 23.81B |
| Revenue (ttm) | 53.99B |
| Net Income (ttm) | 1.90B |
| Shares Out | 642.72M |
| EPS (ttm) | 2.96 |
| PE Ratio | 12.50 |
| Forward PE | 93.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,463,484 |
| Open | 37.08 |
| Previous Close | 37.01 |
| Day's Range | 36.55 - 37.12 |
| 52-Week Range | 27.20 - 40.34 |
| Beta | 1.25 |
| Analysts | Strong Buy |
| Price Target | 49.47 (+33.61%) |
| Earnings Date | Jul 12, 2023 |
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, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheo... [Read more]
Financial Performance
In 2022, DAL's revenue was $50.58 billion, an increase of 69.18% compared to the previous year's $29.90 billion. Earnings were $1.32 billion, an increase of 370.71%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $49.47, which is an increase of 33.61% from the latest price.
News
Final Trades: Alibaba, Cooper, Dish Network, Delta Air Lines
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Delta Air Lines Stock Poised For Strong Gains?
The stock has gained 30% since its low in September 2022 compared to the S&P 500, which gained about 10% during this period.
Delta Air Lines hit with proposed class action over carbon neutral claims
The lawsuit comes three years after Delta announced it would go fully carbon neutral, which means it would cancel out all of the emissions it produces.
Delta Air Lines faces possible lawsuit over carbon-neutral claims
Delta Air Lines is facing a possible class action lawsuit over its carbon-neutral claims.
Lawsuit challenges Delta Air Lines' claims of carbon neutrality, says offsets were bogus
A consumer class action lawsuit filed Tuesday claims Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” and should pay damages. The complaint in federal court in ...
Delta Air Lines faces proposed U.S. class action over carbon neutral claims
Delta Air Lines is facing a proposed class action lawsuit over advertising touting the U.S. carrier as carbon-neutral, according to a complaint filed on Tuesday in California federal court.
Memorial Day Air Travel Beat Prepandemic Levels. Airline Stocks Are Lifting.
Travel from Friday through Monday over the holiday is a good sign. More than one good weekend may be required for investors to buy fully into airlines' optimism.
Delta Air Lines faces lawsuit over $1bn carbon neutrality claim
US airline pledged to go carbon neutral but plaintiffs say it is relying on offsets that do almost nothing to mitigate global heating
Airlines are bracing for a busy summer travel season — here's what to expect
U.S. airlines are bracing for a travel surge this summer, hoping for a smoother season after last summer was marred by delays and cancellations, pilot and crew shortages, and rising fuel prices.
Delta names former Six Flags executive its new COO
Delta Air Lines Inc. DAL, +1.27% said late Tuesday that Michael Spanos, 58, has been named the company's chief operating officer, effective June 12. Spanos served as chief executive officer of Six Fla...
Water Engineering Inc. (“WEI”), a Portfolio Company of Nolan Capital, Announces the Acquisition of Delta Chemical Corp. (“Delta”), a Leading Provider of Water Treatment Services, Chemicals, and Consultation for a Variety of End Market Applications
OMAHA, Neb.--(BUSINESS WIRE)--Delta Chemical Corp., based in Jefferson, LA, has been acquired by Water Engineering. Delta will join the Water Engineering platform and compliment WEI's expanded footpri...
Delta Is a Big Winner After American and JetBlue Partnership Blocked
The two carriers set up the alliance to better compete with Delta Air Lines and United Airlines in New York and Boston.
AEG and Delta Air Lines Grow More Than Decade-long Partnership Across Marquee Sports and Live Entertainment Assets With Expanded New Renewal Agreement
LOS ANGELES--(BUSINESS WIRE)--Delta Air Lines and AEG announce expanded partnership renewal to enhance airline's presence with some of AEG's sports and live entertainment assets.
Delta CEO says proposed airline rules will lead to higher ticket prices
Proposed government regulations for airlines could lead to higher ticket prices, Delta's CEO said. The regulations would require airlines to compensate passengers for controllable delays or cancellat...
Delta considers large Airbus wide-body order for long-haul flights - Bloomberg
Delta Air Lines Inc is in talks with Airbus SE for a large wide-body aircraft order, Bloomberg News reported on Monday, citing people familiar with the matter.
Airline infrastructure is 'a double issue' ahead of summer travel demand: Former United Airlines CEO
Former United Airlines CEO and Author of "Turnaround Time" Oscar Munoz joins Yahoo Finance Live to discuss air traffic control, how the debt ceiling impacts the airline industry, challenges for leader...
Airlines are offering more U.S.-Europe service than ever — but don't expect bargains
Airlines are flying the highest number of seats between the U.S. and Europe in more than four years.
Are airlines doing anything for the planet? Not so much.
Four years ago, electric vehicles were still a niche industry, accounting for 1.4% of total vehicle sales in the U.S., according to a report from CleanTechnica, a website covering the cleantech indust...
Potential airline fees on delays and cancellations will hit discount airlines, says JPMorgan's Baker
Jamie Baker, JPMorgan senior airline analyst, joins 'Power Lunch' to discuss a new push for airlines to compensate passengers for delays and cancellations and how it'll impact the sector.
Biden Wants 'Better Deal' for Airline Passengers
President Biden says he wants airline passengers to get a better deal if their flights are cancelled or delayed. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, ...
Biden administration cracks down on airlines, pushes for passenger compensations
Yahoo Finance's Diane King Hall breaks down President Biden's comments on traveler compensation for airline delays and cancellations.
How U.S. airlines make $7 billion a year from checked bags
For decades, most bags flew for free, but in recent years fees have surged, boosting the bottom line of the nation's carriers.
Delta Trades Higher Following American Air Lines Q1 Print: The Bull, Bear Case - Delta Air Lines (NYSE:DAL)
Delta Air lines, Inc DAL was moving higher on Thursday, in tandem with the general market, which saw the SPDR S&P 500 SPY open in the green after Meta Platforms printed better-than-expected first-quar...
5 Undervalued Stocks to Buy After Earnings I April 24, 2023
#Morningstar #StockMarket #Investing Plus what impact earnings reports from mega-cap stocks may have on the markets this week. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U...
Summer travel demand for Europe is 'as high as ever,' analyst explains
The Points Guy Founder Brian Kelly joins Yahoo Finance Live to discuss the summer travel outlook and tips for travelers when booking flights internationally.