Seaport Res Ptn Comments on Delta Air Lines FY2026 Earnings

Delta Air Lines, Inc. (NYSE:DAL) – Investment analysts at Seaport Res Ptn lifted their FY2026 earnings per share (EPS) estimates for shares of Delta Air Lines in a research report issued to clients and investors on Tuesday, November 12th. Seaport Res Ptn analyst D. Mckenzie now expects 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 posted its earnings results on Thursday, October 10th. The transportation company reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.02). The company had revenue of $15.68 billion for the quarter, compared to the consensus estimate of $14.65 billion. Delta Air Lines had a return on equity of 29.93% and a net margin of 7.71%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.03 EPS.

A number of other equities research analysts have also weighed in on DAL. Jefferies Financial Group boosted their target price on shares of Delta Air Lines from $58.00 to $72.00 and gave the stock a “buy” rating in a report on Monday, November 11th. TD Cowen upped their price target on Delta Air Lines from $59.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $83.00 price objective on shares of Delta Air Lines in a research note on Friday. Bank of America raised their price target on shares of Delta Air Lines from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, October 11th. Finally, Sanford C. Bernstein increased their price objective on shares of Delta Air Lines from $62.00 to $65.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $71.22.

Delta Air Lines Stock Performance

Shares of DAL stock opened at $64.07 on Friday. The business’s 50-day moving average price is $53.06 and its 200-day moving average price is $48.72. Delta Air Lines has a 12 month low of $35.28 and a 12 month high of $66.25. The company has a current ratio of 0.39, a quick ratio of 0.34 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $41.34 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 1.23 and a beta of 1.33.

Delta Air Lines Dividend Announcement

The firm also recently announced 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 0.94%. The ex-dividend date of this dividend was Thursday, October 10th. Delta Air Lines’s payout ratio is 8.33%.

Insider Buying and Selling

In related news, EVP Joanne D. Smith sold 3,431 shares of Delta Air Lines stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $50.46, for a total value of $173,128.26. Following the completion of the sale, the executive vice president now owns 108,990 shares of the company’s stock, valued at approximately $5,499,635.40. This trade represents a 3.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Edward H. Bastian sold 68,000 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $56.33, for a total transaction of $3,830,440.00. Following the transaction, the chief executive officer now owns 439,819 shares of the company’s stock, valued at $24,775,004.27. This represents a 13.39 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 140,240 shares of company stock valued at $8,044,893. 0.96% of the stock is owned by insiders.

Institutional Trading of Delta Air Lines

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC increased 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 worth $789,452,000 after purchasing an additional 416,338 shares during the period. MidWestOne Financial Group Inc. grew its holdings in shares of Delta Air Lines by 56.5% during the third quarter. MidWestOne Financial Group Inc. now owns 57,725 shares of the transportation company’s stock worth $2,932,000 after purchasing an additional 20,846 shares in the last quarter. MML Investors Services LLC increased its position in shares of Delta Air Lines by 18.4% in the third quarter. MML Investors Services LLC now owns 71,389 shares of the transportation company’s stock worth $3,626,000 after purchasing an additional 11,094 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in Delta Air Lines by 14.0% during the third quarter. Orion Portfolio Solutions LLC now owns 19,541 shares of the transportation company’s stock valued at $992,000 after purchasing an additional 2,401 shares during the last quarter. Finally, XTX Topco Ltd increased its holdings in shares of Delta Air Lines by 31.8% in the 3rd quarter. XTX Topco Ltd now owns 34,782 shares of the transportation company’s stock worth $1,767,000 after buying an additional 8,402 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

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.