Presently Delta Air Lines, Inc. (NYSE:DAL) is under coverage by number of analysts. Finally, J P Morgan Chase & Co reiterated a "buy" rating on shares of Delta Air Lines in a report on Tuesday, November 8th.
07/15/2016 - Delta Air Lines, Inc. was downgraded to " by analysts at Evercore ISI. Sumitomo Mitsui Asset Management Company LTD raised its stake in Delta Air Lines by 0.4% in the second quarter. The good news is, sales may return to growth this quarter. Bank of New York Mellon Corp now owns 12,936,824 shares of the company's stock valued at $471,288,000 after buying an additional 1,258,270 shares during the period.
The firm has institutional ownership of 81.30%, while insider ownership included 0.10%.
Ally Financial Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares now sold short amount to at least 3.26% of shares outstanding.
Price Target Update: A price target is the projected price level of a financial security stated by an investment analyst or advisor. The share price is now 4.44 percent versus its SMA20, 3 percent versus its SMA50, and 20.46 percent versus its SMA200.
Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Thursday, January 12th. MA ended last trade at $49.86 a share and the price is up more than 1.36% so far this year. (NYSE:DAL) has a Return on Assets of 8.4 percent, Return on Equity of 36.6 percent, while Return on Investment of 23.9 percent.
The airline credited a test conducted late past year for the soon-to-come improvement. Delta Air Lines (DAL) will pay out on February 14 over $1B in profit sharing for the third year in a row and celebrate the outstanding accomplishments made possible by its more than 80,000 employees around the world. The company reported $0.82 EPS for the quarter, meeting the Zacks' consensus estimate of $0.82. The ex-dividend date is Wednesday, February 22nd. It has a dividend yield of 1.58%.
Delta coach travelers on short USA routes aren't likely to get free meals, Henry Harteveldt, a travel industry analyst at Atmosphere Research Group, said in December. "(DAL)" was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of US and global copyright and trademark laws. Delta Air Lines, Inc.
DAL has been the subject of several analyst reports.
Many brokerage firms are involved in issuing their ratings on Delta Air Lines, Inc. Delta Air Lines's dividend payout ratio is now 14.04%. The consensus recommendation by Thomson Reuters analysts is Buy and their mean rating for the stock is 1.50 on scale of 1-5.
The stock prices target chart showed high target of 67 kept by analysts at WSJ while the average price target was for 60.88 as compared to current price of 51.17. The stock traded with the volume of 7.02 Million shares in the last trading session. The stock was sold at an average price of $49.50, for a total transaction of $231,214.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Essentially, a price target is an individual analyst's expectation on the future price of a security, usually a stock. The disclosure for this sale can be found here. (NYSE:FLS) is projected at -28.1 percent in the Current Quarter and 2.6 percent in the Next Quarter, according to analysts.
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and around the world.