Delta Air Lines (NYSE:DAL) Updates Q1 Earnings Guidance

Delta Air Lines (NYSE:DAL) updated its first quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.30-0.50 for the period, compared to the consensus earnings per share estimate of $0.82. The company issued revenue guidance of $12.9-13.1 billion, compared to the consensus revenue estimate of $13.52 billion. Delta Air Lines also updated its Q1 2025 guidance to 0.300-0.500 EPS.

Delta Air Lines Price Performance

Shares of NYSE:DAL opened at $46.65 on Wednesday. The company’s fifty day moving average price is $63.19 and its 200-day moving average price is $57.99. The firm has a market capitalization of $30.15 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 0.75 and a beta of 1.34. Delta Air Lines has a one year low of $37.29 and a one year high of $69.98. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.37 and a quick ratio of 0.32.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Friday, January 10th. The transportation company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.09. The firm had revenue of $15.56 billion for the quarter, compared to analyst estimates of $14.20 billion. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.28 EPS. On average, equities research analysts anticipate that Delta Air Lines will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, February 27th. Delta Air Lines’s dividend payout ratio (DPR) is presently 11.26%.

Wall Street Analysts Forecast Growth

DAL has been the topic of several research reports. StockNews.com raised shares of Delta Air Lines from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. UBS Group lowered their price objective on Delta Air Lines from $90.00 to $77.00 and set a “buy” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their price objective on Delta Air Lines from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Barclays lowered their price objective on Delta Air Lines from $90.00 to $80.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, TD Cowen increased their price objective on Delta Air Lines from $78.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Fourteen investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $76.60.

Insider Buying and Selling

In other news, SVP William C. Carroll sold 8,400 shares of Delta Air Lines stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $66.02, for a total value of $554,568.00. Following the completion of the transaction, the senior vice president now owns 19,756 shares of the company’s stock, valued at $1,304,291.12. The trade was a 29.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Edward H. Bastian sold 91,710 shares of Delta Air Lines stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $69.85, for a total value of $6,405,943.50. Following the completion of the transaction, the chief executive officer now directly owns 439,819 shares of the company’s stock, valued at approximately $30,721,357.15. This represents a 17.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 162,886 shares of company stock worth $11,116,463 in the last three months. 0.96% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Delta Air Lines

An institutional investor recently raised its position in Delta Air Lines stock. Brighton Jones LLC lifted its position in Delta Air Lines, Inc. (NYSE:DAL) by 33.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,174 shares of the transportation company’s stock after purchasing an additional 2,302 shares during the period. Brighton Jones LLC’s holdings in Delta Air Lines were worth $555,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.