Delta Air Lines, Inc. (NYSE:DAL) Receives $93.60 Average PT from Analysts

Shares of Delta Air Lines, Inc. (NYSE:DAL) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-five ratings firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and twenty-three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $99.3773.

Several research firms have recently weighed in on DAL. Morgan Stanley lifted their target price on shares of Delta Air Lines from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday. Sanford C. Bernstein restated an “outperform” rating and issued a $106.00 target price on shares of Delta Air Lines in a research note on Monday. JPMorgan Chase & Co. raised their price objective on shares of Delta Air Lines from $85.00 to $114.00 and gave the company an “overweight” rating in a research report on Monday. Argus boosted their target price on Delta Air Lines from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Finally, Evercore boosted their price target on shares of Delta Air Lines from $85.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Alain Bellemare sold 25,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the transaction, the executive vice president directly owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. The trade was a 20.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Allison C. Ausband sold 5,000 shares of Delta Air Lines stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total transaction of $395,000.00. Following the sale, the executive vice president directly owned 133,854 shares in the company, valued at $10,574,466. The trade was a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 65,331 shares of company stock valued at $5,036,638 in the last ninety days. 0.80% of the stock is currently owned by insiders.

Institutional Trading of Delta Air Lines

Several hedge funds and other institutional investors have recently made changes to their positions in DAL. Brighton Jones LLC grew its stake in shares of Delta Air Lines by 33.5% in the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock worth $555,000 after acquiring an additional 2,302 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Delta Air Lines in the 1st quarter worth approximately $178,000. Sivia Capital Partners LLC purchased a new stake in Delta Air Lines during the second quarter valued at $555,000. Marshall Wace LLP increased its position in shares of Delta Air Lines by 102.2% during the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after purchasing an additional 357,825 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in Delta Air Lines by 10.6% during the second quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock valued at $2,859,000 after buying an additional 5,564 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

DAL stock opened at $86.19 on Thursday. The firm has a market cap of $56.63 billion, a PE ratio of 14.29, a P/E/G ratio of 1.11 and a beta of 1.29. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. The business has a 50 day moving average of $81.46 and a 200-day moving average of $72.65. Delta Air Lines has a 12-month low of $50.44 and a 12-month high of $95.68.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.07. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.10 earnings per share. As a group, sell-side analysts expect that Delta Air Lines will post 6.5 earnings per share for the current year.

Delta Air Lines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be issued a $0.215 dividend. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, July 9th. This represents a $0.86 annualized dividend and a yield of 1.0%. Delta Air Lines’s dividend payout ratio (DPR) is 14.26%.

Trending Headlines about Delta Air Lines

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Delta reaffirmed its full-year outlook after reporting stronger-than-expected Q2 results, reinforcing the view that earnings remain resilient despite higher fuel costs. Bank of America kept a Buy rating and said the earnings beat supports Delta’s valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: Several analysts raised price targets after the earnings release, citing a better revenue mix, premium demand, and improved outlook for cash flow and margins. JPMorgan reportedly lifted its target to $114 and maintained an overweight view. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Commentary around Delta’s premium product, loyalty growth, and durable demand suggests the airline is becoming more resilient and less dependent on basic fares, which investors often view as a higher-quality earnings mix. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Neutral Sentiment: Management emphasized disciplined capacity, stronger pricing, and diversified revenue streams, but also acknowledged record fuel expense and ongoing margin pressure, leaving the near-term setup balanced. DAL Q2 Earnings Call Highlights Durable Demand, Firm Outlook
• Negative Sentiment: Some coverage warns that fuel, labor, and capacity risks could limit upside, while geopolitical tensions and broader airline-sector concerns may create short-term turbulence for DAL shares. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

Delta Air Lines Company Profile

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.