FY2026 EPS Forecast for Delta Air Lines Raised by Analyst

Delta Air Lines, Inc. (NYSE:DAL) – Equities researchers at Seaport Res Ptn upped their FY2026 earnings estimates for shares of Delta Air Lines in a report issued on Tuesday, November 12th. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings per share of $8.00 for the year, up from their previous estimate of $6.75. The consensus estimate for Delta Air Lines’ current full-year earnings is $6.07 per share.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Thursday, October 10th. The transportation company reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.02). Delta Air Lines had a net margin of 7.71% and a return on equity of 29.93%. The company had revenue of $15.68 billion for the quarter, compared to analyst estimates of $14.65 billion. During the same quarter last year, the firm posted $2.03 EPS. Delta Air Lines’s revenue for the quarter was up 1.2% on a year-over-year basis.

DAL has been the topic of a number of other research reports. The Goldman Sachs Group restated a “buy” rating and issued a $83.00 target price on shares of Delta Air Lines in a research note on Friday. Susquehanna raised their target price on Delta Air Lines from $50.00 to $59.00 and gave the company a “positive” rating in a research report on Wednesday, October 9th. Jefferies Financial Group boosted their price target on shares of Delta Air Lines from $58.00 to $72.00 and gave the stock a “buy” rating in a report on Monday. JPMorgan Chase & Co. raised their price objective on shares of Delta Air Lines from $68.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Finally, Sanford C. Bernstein raised their price target on shares of Delta Air Lines from $62.00 to $65.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $71.22.

Delta Air Lines Stock Up 0.6 %

DAL opened at $64.84 on Friday. Delta Air Lines has a fifty-two week low of $35.28 and a fifty-two week high of $66.25. The firm has a market capitalization of $41.84 billion, a P/E ratio of 9.01, a PEG ratio of 1.23 and a beta of 1.33. The company’s 50-day moving average is $52.17 and its 200 day moving average is $48.51. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.39 and a quick ratio of 0.34.

Delta Air Lines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date was Thursday, October 10th. Delta Air Lines’s dividend payout ratio (DPR) is presently 8.33%.

Insider Transactions at Delta Air Lines

In other news, EVP Alain Bellemare sold 19,490 shares of Delta Air Lines stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $55.26, for a total transaction of $1,077,017.40. Following the sale, the executive vice president now owns 121,961 shares of the company’s stock, valued at approximately $6,739,564.86. The trade was a 13.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Joanne D. Smith sold 3,431 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $50.46, for a total value of $173,128.26. Following the transaction, the executive vice president now owns 108,990 shares in the company, valued at $5,499,635.40. This trade represents a 3.05 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,240 shares of company stock worth $8,044,893. Insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Delta Air Lines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sanders Capital LLC grew its position in shares of Delta Air Lines by 2.8% in the 3rd quarter. Sanders Capital LLC now owns 27,841,592 shares of the transportation company’s stock worth $1,414,074,000 after buying an additional 749,099 shares during the period. Capital World Investors increased its stake in shares of Delta Air Lines by 0.3% during the first quarter. Capital World Investors now owns 15,030,836 shares of the transportation company’s stock valued at $719,526,000 after purchasing an additional 49,712 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Delta Air Lines by 12.5% during the second quarter. Dimensional Fund Advisors LP now owns 9,933,785 shares of the transportation company’s stock valued at $471,330,000 after purchasing an additional 1,105,674 shares during the last quarter. Pzena Investment Management LLC bought a new stake in shares of Delta Air Lines in the 3rd quarter worth approximately $281,206,000. Finally, Castle Hook Partners LP purchased a new stake in shares of Delta Air Lines in the 3rd quarter worth approximately $189,296,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

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.