Seaport Res Ptn Predicts Higher Earnings for Delta Air Lines

Delta Air Lines, Inc. (NYSE:DAL) – Research analysts at Seaport Res Ptn lifted their Q2 2025 earnings per share (EPS) estimates for Delta Air Lines in a note issued to investors on Monday, March 10th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings per share of $2.75 for the quarter, up from their prior forecast of $2.65. The consensus estimate for Delta Air Lines’ current full-year earnings is $7.63 per share.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Friday, January 10th. The transportation company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.09. The business had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $14.20 billion. Delta Air Lines had a return on equity of 30.41% and a net margin of 5.61%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.28 earnings per share.

A number of other equities research analysts have also recently commented on DAL. UBS Group reduced their price objective on Delta Air Lines from $90.00 to $77.00 and set a “buy” rating for the company in a research note on Tuesday. TD Cowen lifted their target price on Delta Air Lines from $78.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Citigroup lifted their target price on Delta Air Lines from $65.00 to $76.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $83.00 target price on shares of Delta Air Lines in a research report on Friday, November 15th. Finally, Barclays cut their target price on Delta Air Lines from $90.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday. Fourteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $76.60.

Delta Air Lines Trading Down 7.3 %

Shares of DAL stock opened at $46.65 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.32 and a current ratio of 0.37. Delta Air Lines has a fifty-two week low of $37.29 and a fifty-two week high of $69.98. The stock has a 50 day simple moving average of $63.19 and a two-hundred day simple moving average of $57.99. The company has a market cap of $30.15 billion, a P/E ratio of 8.75, a PEG ratio of 0.75 and a beta of 1.34.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, February 27th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, February 27th. Delta Air Lines’s payout ratio is currently 11.26%.

Insider Transactions at Delta Air Lines

In related news, EVP Rahul D. Samant sold 17,970 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $69.08, for a total transaction of $1,241,367.60. Following the completion of the sale, the executive vice president now directly owns 35,889 shares in the company, valued at $2,479,212.12. This represents a 33.36 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP William C. Carroll sold 8,400 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $66.02, for a total value of $554,568.00. Following the sale, the senior vice president now owns 19,756 shares of the company’s stock, valued at $1,304,291.12. This represents a 29.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 162,886 shares of company stock worth $11,116,463. 0.96% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Delta Air Lines

Several institutional investors have recently bought and sold shares of the stock. WASHINGTON TRUST Co boosted its holdings in Delta Air Lines by 7.5% during the 4th quarter. WASHINGTON TRUST Co now owns 2,150 shares of the transportation company’s stock valued at $130,000 after acquiring an additional 150 shares during the period. Hemington Wealth Management raised its position in Delta Air Lines by 48.1% during the 4th quarter. Hemington Wealth Management now owns 474 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 154 shares during the last quarter. HighPoint Advisor Group LLC raised its position in Delta Air Lines by 1.8% during the 4th quarter. HighPoint Advisor Group LLC now owns 8,555 shares of the transportation company’s stock valued at $554,000 after purchasing an additional 155 shares during the last quarter. Mason & Associates Inc raised its position in Delta Air Lines by 3.2% during the 4th quarter. Mason & Associates Inc now owns 5,088 shares of the transportation company’s stock valued at $308,000 after purchasing an additional 160 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in Delta Air Lines by 1.2% during the 4th quarter. DAVENPORT & Co LLC now owns 14,298 shares of the transportation company’s stock valued at $865,000 after purchasing an additional 173 shares during the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Delta Air Lines Company Profile

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, Sao Paulo, Seoul-Incheon, and Tokyo.