Analysts Offer Predictions for Delta Air Lines Q2 Earnings

Delta Air Lines, Inc. (NYSE:DAL) – Analysts at Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for shares of Delta Air Lines in a report issued on Wednesday, March 26th. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $2.86 per share for the quarter, up from their previous estimate of $2.81. The consensus estimate for Delta Air Lines’ current full-year earnings is $7.63 per share. Zacks Research also issued estimates for Delta Air Lines’ Q1 2026 earnings at $1.21 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.30 EPS and FY2026 earnings at $8.33 EPS.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data on Friday, January 10th. The transportation company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.09. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The business had revenue of $15.56 billion during the quarter, compared to analysts’ expectations of $14.20 billion. During the same quarter in the prior year, the business posted $1.28 earnings per share. Delta Air Lines’s revenue was up 9.4% compared to the same quarter last year.

Several other research firms have also recently weighed in on DAL. Barclays cut their target price on Delta Air Lines from $90.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, March 11th. Susquehanna raised their price objective on Delta Air Lines from $59.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, January 7th. TD Cowen lifted their target price on Delta Air Lines from $78.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Citigroup dropped their target price on shares of Delta Air Lines from $80.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday, March 18th. Finally, StockNews.com lowered shares of Delta Air Lines from a “buy” rating to a “hold” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $76.29.

Delta Air Lines Stock Performance

NYSE DAL opened at $43.80 on Friday. The firm’s 50 day simple moving average is $58.94 and its 200 day simple moving average is $58.18. The firm has a market capitalization of $28.31 billion, a price-to-earnings ratio of 8.22, a P/E/G ratio of 0.75 and a beta of 1.34. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92. Delta Air Lines has a 1 year low of $37.29 and a 1 year high of $69.98.

Delta Air Lines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 27th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, February 27th. Delta Air Lines’s dividend payout ratio is currently 11.26%.

Insider Activity at Delta Air Lines

In related news, SVP William C. Carroll sold 8,400 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $66.02, for a total value of $554,568.00. Following the transaction, the senior vice president now owns 19,756 shares in the company, valued at $1,304,291.12. The trade was a 29.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Rahul D. Samant sold 38,023 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $64.89, for a total value of $2,467,312.47. Following the sale, the executive vice president now owns 52,789 shares of the company’s stock, valued at approximately $3,425,478.21. The trade was a 41.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 162,886 shares of company stock worth $11,116,463 over the last ninety days. Insiders own 0.96% of the company’s stock.

Hedge Funds Weigh In On Delta Air Lines

Several institutional investors have recently added to or reduced their stakes in the business. Donoghue Forlines LLC bought a new stake in shares of Delta Air Lines in the 4th quarter valued at $2,036,000. Geode Capital Management LLC grew its holdings in 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. Castle Hook Partners LP bought a new stake in Delta Air Lines in the third quarter valued at $189,296,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Delta Air Lines during the fourth quarter valued at about $3,593,000. Finally, Bridgewater Associates LP raised its holdings in shares of Delta Air Lines by 31.2% during the third quarter. Bridgewater Associates LP now owns 232,401 shares of the transportation company’s stock valued at $11,804,000 after purchasing an additional 55,318 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

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.