Media stories about Delta Air Lines (NYSE:DAL) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Delta Air Lines earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 44.4051225830892 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Pfizer (PFE) and Delta Air Lines (DAL) are Growth & Income Stocks (msn.com)
- United Dog Death Fiasco Spirals To Include U.S. Senator, FAA, Texas DA (finance.yahoo.com)
- Britain’s Virgin Atlantic posts loss on weak pound, hurricane impact (finance.yahoo.com)
- United, Delta, and JetBlue All Raise Unit Revenue Forecasts (finance.yahoo.com)
Delta Air Lines (NYSE DAL) traded up $0.19 during mid-day trading on Thursday, hitting $56.34. 4,270,000 shares of the company traded hands, compared to its average volume of 7,720,000. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.35 and a current ratio of 0.42. The company has a market capitalization of $39,830.00, a PE ratio of 11.40, a price-to-earnings-growth ratio of 0.76 and a beta of 1.16. Delta Air Lines has a one year low of $43.81 and a one year high of $60.79.
Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data on Thursday, January 11th. The transportation company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Delta Air Lines had a net margin of 8.67% and a return on equity of 26.27%. Delta Air Lines’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.82 earnings per share. equities analysts anticipate that Delta Air Lines will post 6.44 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 23rd will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, February 22nd. Delta Air Lines’s dividend payout ratio is currently 24.70%.
DAL has been the topic of several analyst reports. Cowen upped their price target on Delta Air Lines from $62.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, December 15th. Vetr upgraded Delta Air Lines from a “strong sell” rating to a “sell” rating and set a $49.97 price target on the stock in a research report on Wednesday, January 3rd. Imperial Capital reiterated an “outperform” rating and set a $65.00 price target (up from $63.00) on shares of Delta Air Lines in a research report on Friday, January 12th. Stephens set a $67.00 price target on Delta Air Lines and gave the company a “buy” rating in a research report on Monday, December 18th. Finally, ValuEngine upgraded Delta Air Lines from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $67.05.
In other Delta Air Lines news, CFO Paul A. Jacobson sold 42,900 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $55.88, for a total value of $2,397,252.00. Following the completion of the sale, the chief financial officer now owns 373,870 shares of the company’s stock, valued at $20,891,855.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Glen W. Hauenstein sold 31,600 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $55.83, for a total value of $1,764,228.00. Following the completion of the sale, the president now directly owns 204,018 shares of the company’s stock, valued at approximately $11,390,324.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 323,638 shares of company stock valued at $18,537,123. 0.37% of the stock is owned by insiders.
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Delta Air Lines Company Profile
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.
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