Seaport Res Ptn Expects Higher Earnings for Delta Air Lines

Delta Air Lines, Inc. (NYSE:DAL) – Analysts at Seaport Res Ptn raised their Q2 2025 earnings per share estimates for shares of Delta Air Lines in a research note issued on Monday, March 10th. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will earn $2.75 per share for the quarter, up from their previous estimate 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 announced its earnings results on Friday, January 10th. The transportation company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.09. Delta Air Lines had a return on equity of 30.41% and a net margin of 5.61%. The firm had revenue of $15.56 billion during the quarter, compared to analyst estimates of $14.20 billion. During the same quarter in the prior year, the company earned $1.28 EPS. The business’s revenue was up 9.4% compared to the same quarter last year.

A number of other research analysts have also recently issued reports on the company. Susquehanna lifted their price objective on Delta Air Lines from $59.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lifted their target price on Delta Air Lines from $60.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. UBS Group reduced their target price on Delta Air Lines from $90.00 to $77.00 and set a “buy” rating for the company in a report on Tuesday. StockNews.com raised Delta Air Lines from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. Finally, Citigroup lifted their target price on Delta Air Lines from $65.00 to $76.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Fourteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $76.60.

Delta Air Lines Stock Down 7.3 %

Shares of NYSE:DAL opened at $46.65 on Wednesday. The stock has a fifty day simple moving average of $63.19 and a two-hundred day simple moving average of $57.99. The stock 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 12-month low of $37.29 and a 12-month high of $69.98. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92.

Delta Air Lines Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, February 27th. Delta Air Lines’s payout ratio is 11.26%.

Insiders Place Their Bets

In other Delta Air Lines news, CEO Edward H. Bastian sold 91,710 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $69.85, for a total transaction of $6,405,943.50. Following the sale, the chief executive officer now owns 439,819 shares in the company, valued at approximately $30,721,357.15. This trade represents a 17.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rahul D. Samant sold 38,023 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $64.89, for a total transaction of $2,467,312.47. Following the sale, the executive vice president now owns 52,789 shares in the company, valued at approximately $3,425,478.21. The trade was a 41.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 162,886 shares of company stock worth $11,116,463. Company insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Delta Air Lines

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. KBC Group NV grew its holdings in Delta Air Lines by 143.7% during the 3rd quarter. KBC Group NV now owns 56,611 shares of the transportation company’s stock valued at $2,876,000 after buying an additional 33,378 shares in the last quarter. Donoghue Forlines LLC purchased a new stake in Delta Air Lines during the 4th quarter valued at approximately $2,036,000. New Millennium Group LLC grew its holdings in Delta Air Lines by 314.0% during the 3rd quarter. New Millennium Group LLC now owns 36,460 shares of the transportation company’s stock valued at $1,852,000 after buying an additional 27,654 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Delta Air Lines by 2.8% in the third quarter. Geode Capital Management LLC now owns 15,501,936 shares of the transportation company’s stock valued at $789,452,000 after purchasing an additional 416,338 shares in the last quarter. Finally, Castle Hook Partners LP purchased a new position in shares of Delta Air Lines in the third quarter valued at $189,296,000. Institutional investors own 69.93% of the company’s stock.

About Delta Air Lines

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.