Delta Air Lines (NYSE:DAL) Updates FY 2026 Earnings Guidance

Delta Air Lines (NYSE:DAL) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 6.500-7.500 for the period, compared to the consensus estimate of 5.670. The company issued revenue guidance of -. Delta Air Lines also updated its Q3 2026 guidance to 2.000-2.500 EPS.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Wolfe Research reduced their price objective on shares of Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Susquehanna lifted their price target on shares of Delta Air Lines from $78.00 to $108.00 and gave the stock a “positive” rating in a report on Tuesday. Argus upped their price target on Delta Air Lines from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. BMO Capital Markets upped their price target on Delta Air Lines from $80.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Finally, UBS Group reiterated a “hold” rating on shares of Delta Air Lines in a report on Wednesday. Twenty-four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.60.

Delta Air Lines Stock Up 1.8%

NYSE:DAL opened at $88.86 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The company’s fifty day moving average price is $80.68 and its 200-day moving average price is $72.43. Delta Air Lines has a 1-year low of $50.44 and a 1-year high of $95.68. The firm has a market capitalization of $58.38 billion, a P/E ratio of 12.95, a PEG ratio of 1.25 and a beta of 1.29.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Friday, July 10th. The transportation company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.49 by $0.07. The company had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.55 billion. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. Delta Air Lines has set its FY 2026 guidance at 6.500-7.500 EPS and its Q3 2026 guidance at 2.000-2.500 EPS. As a group, equities research analysts anticipate that Delta Air Lines will post 5.72 EPS for the current year.

Delta Air Lines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, July 9th. Delta Air Lines’s payout ratio is currently 10.93%.

Insider Transactions at Delta Air Lines

In other news, EVP Allison C. Ausband sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $79.00, for a total transaction of $395,000.00. Following the completion of the transaction, the executive vice president directly owned 133,854 shares of the company’s stock, valued at $10,574,466. This represents a 3.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP John E. Laughter sold 15,000 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $71.61, for a total value of $1,074,150.00. Following the transaction, the executive vice president owned 54,369 shares in the company, valued at $3,893,364.09. This trade represents a 21.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 80,331 shares of company stock valued at $6,110,788 in the last ninety days. 0.80% of the stock is currently owned by corporate insiders.

Delta Air Lines News Roundup

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Delta beat second-quarter earnings and revenue estimates, showing demand and pricing remain better than expected.
• Positive Sentiment: Management reaffirmed full-year profit guidance and issued a stronger third-quarter outlook, reducing concern that fares will weaken as fuel costs ease.
• Positive Sentiment: The company raised its dividend and continued paying down debt, which may appeal to income-focused and long-term investors.
• Neutral Sentiment: Delta’s new “basic business” fare options could help broaden premium-cabin demand, but the longer-term revenue impact is still unclear.
• Negative Sentiment: Recent airline stocks have also faced pressure from higher oil prices and geopolitical tension, which can raise fuel-cost worries for DAL.

Institutional Trading of Delta Air Lines

Several institutional investors have recently modified their holdings of DAL. SWAN Capital LLC increased its stake in shares of Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after purchasing an additional 508 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Delta Air Lines in the 3rd quarter worth about $35,000. Quattro Advisors LLC purchased a new stake in Delta Air Lines during the 4th quarter worth approximately $45,000. Wilkerson Advisory Group LLC purchased a new position in shares of Delta Air Lines in the fourth quarter valued at approximately $46,000. Finally, Ankerstar Wealth LLC purchased a new stake in shares of Delta Air Lines during the fourth quarter worth approximately $48,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Company Profile

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.