Q3 EPS Estimates for Delta Air Lines Raised by Analyst

Delta Air Lines, Inc. (NYSE:DAL) – Equities researchers at Seaport Res Ptn increased their Q3 2025 earnings estimates for Delta Air Lines in a research note issued to investors on Thursday, September 11th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will earn $1.70 per share for the quarter, up from their previous estimate of $1.50. The consensus estimate for Delta Air Lines’ current full-year earnings is $7.63 per share. Seaport Res Ptn also issued estimates for Delta Air Lines’ Q4 2025 earnings at $1.80 EPS and FY2025 earnings at $6.05 EPS.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Thursday, July 10th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.09. The business had revenue of $15.51 billion during the quarter, compared to analyst estimates of $16.16 billion. Delta Air Lines had a net margin of 7.24% and a return on equity of 24.86%. Delta Air Lines’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.36 earnings per share.

Other equities research analysts have also issued reports about the stock. Susquehanna set a $65.00 price objective on shares of Delta Air Lines and gave the stock a “positive” rating in a report on Friday, July 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Delta Air Lines in a research report on Friday, July 11th. JPMorgan Chase & Co. boosted their price target on shares of Delta Air Lines from $66.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, July 11th. Bernstein Bank increased their price objective on Delta Air Lines from $60.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, July 11th. Finally, Wolfe Research lifted their target price on shares of Delta Air Lines from $56.00 to $63.00 in a report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $66.21.

Delta Air Lines Trading Down 1.5%

Shares of DAL stock opened at $60.49 on Friday. The business has a 50-day moving average price of $57.17 and a two-hundred day moving average price of $50.62. The firm has a market cap of $39.50 billion, a P/E ratio of 8.77, a price-to-earnings-growth ratio of 1.92 and a beta of 1.51. Delta Air Lines has a 12-month low of $34.74 and a 12-month high of $69.98. The company has a quick ratio of 0.33, a current ratio of 0.38 and a debt-to-equity ratio of 0.74.

Institutional Trading of Delta Air Lines

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Continuum Advisory LLC increased its stake in Delta Air Lines by 44.2% in the 4th quarter. Continuum Advisory LLC now owns 584 shares of the transportation company’s stock worth $35,000 after buying an additional 179 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Delta Air Lines by 2.6% in the 2nd quarter. Foundations Investment Advisors LLC now owns 7,844 shares of the transportation company’s stock worth $386,000 after buying an additional 196 shares during the last quarter. JT Stratford LLC increased its holdings in shares of Delta Air Lines by 1.2% in the 1st quarter. JT Stratford LLC now owns 16,403 shares of the transportation company’s stock worth $715,000 after buying an additional 200 shares during the last quarter. Nwam LLC increased its position in shares of Delta Air Lines by 3.1% during the 2nd quarter. Nwam LLC now owns 7,042 shares of the transportation company’s stock valued at $377,000 after purchasing an additional 212 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Delta Air Lines by 26.9% during the second quarter. First Horizon Advisors Inc. now owns 1,028 shares of the transportation company’s stock valued at $51,000 after buying an additional 218 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Steven M. Sear sold 18,000 shares of the company’s stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $55.96, for a total value of $1,007,280.00. Following the completion of the sale, the executive vice president directly owned 97,505 shares in the company, valued at $5,456,379.80. This represents a 15.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Alain Bellemare sold 45,423 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $55.56, for a total value of $2,523,701.88. Following the completion of the sale, the executive vice president owned 131,731 shares of the company’s stock, valued at approximately $7,318,974.36. The trade was a 25.64% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,473 shares of company stock worth $7,663,496. 0.88% of the stock is owned by corporate insiders.

Delta Air Lines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, July 31st were paid a $0.1875 dividend. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.15. The ex-dividend date was Thursday, July 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.2%. Delta Air Lines’s dividend payout ratio (DPR) is 10.87%.

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.