Delta Air Lines (NYSE:DAL) Issues Quarterly Earnings Results, Misses Expectations By $0.38 EPS

Delta Air Lines (NYSE:DAL) announced its quarterly earnings results on Wednesday. The transportation company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.38), RTT News reports. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The business had revenue of $12.98 billion during the quarter, compared to analyst estimates of $13.85 billion. During the same period last year, the company earned $0.45 earnings per share. The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. Delta Air Lines updated its Q2 2025 guidance to 1.700-2.300 EPS and its Q2 guidance to $1.70-2.30 EPS.

Delta Air Lines Price Performance

Shares of NYSE:DAL opened at $39.34 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.37 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $52.94 and a 200 day moving average price of $57.75. Delta Air Lines has a 52 week low of $34.74 and a 52 week high of $69.98. The company has a market cap of $25.43 billion, a P/E ratio of 7.38, a PEG ratio of 0.75 and a beta of 1.23.

Delta Air Lines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 27th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.60 annualized dividend and a yield of 1.53%. Delta Air Lines’s dividend payout ratio is currently 11.26%.

Insider Transactions at Delta Air Lines

In related news, EVP Rahul D. Samant sold 38,023 shares of the company’s stock in a transaction 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 transaction, the executive vice president now owns 52,789 shares of the company’s stock, valued at $3,425,478.21. This represents a 41.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP William C. Carroll sold 8,400 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $66.02, for a total value of $554,568.00. Following the completion of the transaction, the senior vice president now owns 19,756 shares of the company’s stock, valued at $1,304,291.12. The trade was a 29.83 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 162,886 shares of company stock valued at $11,116,463. Corporate insiders own 0.96% of the company’s stock.

Institutional Trading of Delta Air Lines

An institutional investor recently raised its position in Delta Air Lines stock. Brighton Jones LLC grew its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 33.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,174 shares of the transportation company’s stock after acquiring an additional 2,302 shares during the period. Brighton Jones LLC’s holdings in Delta Air Lines were worth $555,000 at the end of the most recent reporting period. 69.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DAL. Barclays lowered their target price on shares of Delta Air Lines from $80.00 to $58.00 and set an “overweight” rating for the company in a report on Tuesday. UBS Group lowered Delta Air Lines from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $77.00 to $42.00 in a report on Monday. Citigroup reduced their target price on Delta Air Lines from $80.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday, March 18th. TD Cowen upped their target price on Delta Air Lines from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Raymond James cut their price target on Delta Air Lines from $80.00 to $62.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Delta Air Lines presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.77.

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.