With 10.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.31 million shares. The 52-week range on DAL shows that it touched its highest point at $49.81 and its lowest point at $30.60 during that stretch. It currently has a 1-year price target of $55.56. With its current market cap of 29.52 billion, DAL has annualized dividend of $0.30 while the current yield stands at 0.65%. Beta for the stock currently stands at 1.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DAL was down-trending over the past week, with a drop of -3.02%, but this was up by 9.76% over a month. Three-month performance surged to 18.43% while six-month performance rose 30.19%. The stock gained 33.41% in the past year, while it has gained 14.04% so far this year. A look at the trailing 12-month EPS for DAL yields 7.16 with Next year EPS estimates of 7.45. For the next quarter, that number is 0.35. This implies an EPS growth rate of 3.08% for this year and 15.58% for next year. EPS is expected to grow by 20.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.80%.
Float and Shares Shorts:
At present, 643.45 million DAL shares are outstanding with a float of 640.67 million shares on hand for trading. On Mar 15, 2024, short shares totaled 16.1 million, which was 2.50% higher than short shares on Feb 15, 2024. In addition to AAL as the firm’s American Airlines Group, Inc., DAL serves as its Delta Air Lines, Inc.
Institutional Ownership:
Through their ownership of 70.37% of DAL’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DAL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
