Is Delta Air Lines, Inc (NYSE: DAL) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Airlines industry segment, falling under the Industrials sector. The current market capitalization of Delta Air Lines, Inc is $41.05B. A total of 3.22 million shares were traded on the day, compared to an average of 8.46M shares.

In the most recent transaction, Smith Joanne D sold 19,660 shares of DAL for 64.70 per share on Nov 21 ’24. After the transaction, the EVP & Chief People Officer now owns 85,123 company shares. In a previous transaction on Nov 07 ’24, Smith Joanne D sold 4,207 shares at 60.71 per share. DAL shares that EVP & Chief People Officer owns now total 104,783.

Among the insiders who bought shares, Smith Joanne D acquired of 19,660 shares on Nov 21 ’24 at a per-share price of $64.70. In another insider transaction, Carroll William C sold 21,530 shares at $60.62 per share on Nov 08 ’24. Company shares held by the SVP, Fin & Controller now total 19,756.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Delta Air Lines, Inc pays an annual dividend of $0.50, resulting in a dividend yield of 0.80%, and it has a price to earnings (P/E) ratio of 8.69. DAL’s most recent ex-dividend date was 1.28% when it declared a $0.15 quarterly dividend that was paid in cash on 10/10/2024. Previously, the company paid the dividend on 7/30/2024 with an ex-dividend date of 1.21%. The DAL stock dividend was $0.15 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DAL has a high of $67.50 and a low of $36.34.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DAL’s latest balance sheet shows that the firm has $11.32B in Cash & Short Term Investments as of fiscal 2021. There were $34.68B in debt and $20.97B in liabilities at the time. Its Book Value Per Share was $21.15, while its Total Shareholder’s Equity was $3.89B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DAL is Buy with a score of 5.00.

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