Delta Air Lines, Inc. to Post FY2026 Earnings of $7.78 Per Share, Zacks Research Forecasts (NYSE:DAL)

Delta Air Lines, Inc. (NYSE:DAL) – Zacks Research boosted their FY2026 earnings per share estimates for Delta Air Lines in a research note issued on Wednesday, August 14th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $7.78 per share for the year, up from their prior forecast of $7.77. The consensus estimate for Delta Air Lines’ current full-year earnings is $6.26 per share.

A number of other brokerages also recently issued reports on DAL. Citigroup boosted their price target on Delta Air Lines from $55.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. TD Cowen decreased their price target on Delta Air Lines from $61.00 to $59.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Sanford C. Bernstein decreased their price target on Delta Air Lines from $66.00 to $62.00 and set an “outperform” rating for the company in a report on Friday, July 12th. HSBC began coverage on Delta Air Lines in a research report on Monday, May 13th. They issued a “buy” rating and a $72.80 price objective for the company. Finally, Jefferies Financial Group cut their price objective on Delta Air Lines from $58.00 to $56.00 and set a “buy” rating for the company in a research report on Friday, June 28th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Delta Air Lines presently has an average rating of “Buy” and an average price target of $60.70.

Delta Air Lines Trading Down 0.1 %

Shares of NYSE:DAL opened at $40.15 on Monday. Delta Air Lines has a 12-month low of $30.60 and a 12-month high of $53.86. The company has a market capitalization of $25.91 billion, a PE ratio of 5.78, a PEG ratio of 0.86 and a beta of 1.35. The business has a 50 day moving average of $44.93 and a two-hundred day moving average of $45.96. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Thursday, July 11th. The transportation company reported $2.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.01). Delta Air Lines had a net margin of 7.46% and a return on equity of 36.02%. The company had revenue of $15.41 billion during the quarter, compared to analyst estimates of $15.45 billion. During the same period in the previous year, the firm posted $2.68 earnings per share. The company’s revenue was up 5.4% compared to the same quarter last year.

Institutional Trading of Delta Air Lines

Large investors have recently added to or reduced their stakes in the stock. MeadowBrook Investment Advisors LLC purchased a new stake in Delta Air Lines in the 4th quarter valued at $27,000. Manchester Capital Management LLC grew its holdings in Delta Air Lines by 26,166.7% in the 4th quarter. Manchester Capital Management LLC now owns 788 shares of the transportation company’s stock valued at $32,000 after buying an additional 785 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in Delta Air Lines in the 2nd quarter valued at $36,000. Rise Advisors LLC grew its holdings in Delta Air Lines by 122.5% in the 1st quarter. Rise Advisors LLC now owns 821 shares of the transportation company’s stock valued at $39,000 after buying an additional 452 shares in the last quarter. Finally, Nordwand Advisors LLC purchased a new stake in Delta Air Lines in the 4th quarter valued at $40,000. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Willie Cw Chiang purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was purchased at an average cost of $43.90 per share, for a total transaction of $439,000.00. Following the completion of the transaction, the director now owns 20,000 shares of the company’s stock, valued at $878,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.96% of the stock is owned by company insiders.

Delta Air Lines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 20th. Investors of record on Tuesday, July 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.49%. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, July 30th. Delta Air Lines’s payout ratio is presently 8.63%.

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.