Delta Air Lines, Inc. (NYSE:DAL) Forecasted to Post FY2025 Earnings of $7.25 Per Share

Delta Air Lines, Inc. (NYSE:DAL) – Equities researchers at Seaport Res Ptn issued their FY2025 earnings per share estimates for shares of Delta Air Lines in a research report issued on Wednesday, April 10th. Seaport Res Ptn analyst D. Mckenzie forecasts that the transportation company will earn $7.25 per share for the year. The consensus estimate for Delta Air Lines’ current full-year earnings is $6.56 per share.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Wednesday, April 10th. The transportation company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.09. Delta Air Lines had a return on equity of 46.35% and a net margin of 7.94%. The business had revenue of $13.75 billion during the quarter, compared to analysts’ expectations of $12.51 billion. During the same period in the prior year, the business posted $0.25 EPS. The company’s revenue was up 7.8% compared to the same quarter last year.

Several other brokerages have also recently issued reports on DAL. Susquehanna lifted their price objective on Delta Air Lines from $47.00 to $54.00 and gave the company a “positive” rating in a research note on Tuesday. Morgan Stanley reiterated an “overweight” rating and issued a $85.00 price objective on shares of Delta Air Lines in a research note on Thursday. Deutsche Bank Aktiengesellschaft lifted their price objective on Delta Air Lines from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday. TheStreet upgraded Delta Air Lines from a “c+” rating to a “b-” rating in a research note on Thursday, January 4th. Finally, UBS Group assumed coverage on Delta Air Lines in a research note on Wednesday, March 20th. They issued a “buy” rating and a $59.00 price objective for the company. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Delta Air Lines has an average rating of “Buy” and an average target price of $58.29.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $47.63 on Thursday. The business has a 50-day moving average of $43.30 and a 200 day moving average of $39.29. Delta Air Lines has a 12 month low of $30.60 and a 12 month high of $49.81. The stock has a market capitalization of $30.64 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 0.70 and a beta of 1.43. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.39 and a quick ratio of 0.34.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DAL. Wellington Management Group LLP increased its position in Delta Air Lines by 220.2% during the fourth quarter. Wellington Management Group LLP now owns 8,600,741 shares of the transportation company’s stock worth $346,008,000 after buying an additional 5,914,301 shares during the period. Norges Bank purchased a new position in shares of Delta Air Lines in the 4th quarter valued at approximately $60,640,000. Capital International Investors grew its stake in shares of Delta Air Lines by 8.8% in the 4th quarter. Capital International Investors now owns 20,936,699 shares of the transportation company’s stock valued at $842,283,000 after purchasing an additional 1,689,053 shares during the last quarter. Jennison Associates LLC grew its stake in shares of Delta Air Lines by 145.2% in the 4th quarter. Jennison Associates LLC now owns 2,618,627 shares of the transportation company’s stock valued at $105,347,000 after purchasing an additional 1,550,770 shares during the last quarter. Finally, Amundi grew its stake in shares of Delta Air Lines by 79.5% in the 4th quarter. Amundi now owns 3,396,524 shares of the transportation company’s stock valued at $129,679,000 after purchasing an additional 1,504,544 shares during the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insiders Place Their Bets

In other Delta Air Lines news, CEO Edward H. Bastian sold 71,840 shares of Delta Air Lines stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $39.20, for a total transaction of $2,816,128.00. Following the transaction, the chief executive officer now owns 428,768 shares of the company’s stock, valued at $16,807,705.60. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.89% of the stock is currently owned by corporate insiders.

Delta Air Lines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 18th. Shareholders of record on Monday, February 26th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Friday, February 23rd. Delta Air Lines’s dividend payout ratio (DPR) is 5.59%.

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.