How to Buy Delta Air Lines Stock
Delta Air Lines Inc
Delta Air Lines is a airline company located in Georgia, United States, which is part of the Industrials sector, and is traded under the ticker DAL on the NYSE exchange.
Delta Air Lines stock last closed at $43.40, down 0.64% from the previous day, and has increased 6.27% in one year. It has overperformed other stocks in the Airlines industry by 0.16 percentage points. Delta Air Lines stock is currently +41.83% from its 52-week low of $30.60, and -19.42% from its 52-week high of $53.86.
At the moment, there are 645.42M DAL shares outstanding. The market capitalization of DAL is $28.01B. In the last 24 hours, 7.15M DAL shares were traded.
How to Buy Delta Air Lines Stock
Not sure how to invest in Delta Air Lines stock? Here's how.
- Choose where to buy Delta Air Lines stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Delta Air Lines stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your information.
- Analyze Delta Air Lines stock: The Delta Air Lines ticker symbol is DAL. Is Delta Air Lines stock a good investment? Should you buy shares of DAL? How do DAL's underlying business fundamentals look? Do top analysts think Delta Air Lines is a good buy? Why has DAL's stock price moved recently? (Hint: Our stock analysis website can help you decide if DAL is a good stock to buy).
- Make your DAL buy order: Decide if you will purchase DAL shares at the current market price or use a limit order to purchase DAL stock at a given price.
- Watch your investment in DAL: Create a watchlist to get live updates on your new investment in Delta Air Lines stock.
Step 1: Choose where to buy Delta Air Lines stock
You need a brokerage account to access the NYSE market and buy DAL shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can buy DAL today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on our top ranked stock market app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Analyze Delta Air Lines stock
Once you have selected the best place to buy Delta Air Lines stock, it's crucial to research their stock before you buy, so you actually comprehend the risk as well as the upside.
Delta Air Lines Numbers
Fundamentals of DAL
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DAL's stock page.
Is DAL stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DAL's fair value.
Using relative valuations metrics:
- DAL could be undervalued based on its P/E ratio of 6.19x, relative to Airlines industry P/E ratio of 41.04x
- DAL may be undervalued based on its P/B ratio of 2.26x, relative to Airlines industry P/B ratio of 2.3x
You can access additional valuation analysis on DAL's stock here.
Is DAL a healthy company?
Signs that DAL is financially healthy:
- DAL's operating cash flow of $6.48B allows it to safely service it's debt of $24.81B.
- DAL earnings of $6.49B is not enough to cover its interest payments.
- DAL profit margin has gone up from 5.4% to 7.5% in the past year.
Signs that DAL is not financially healthy:
- DAL has a relatively high debt to equity ratio of 5.07.
- Total DAL debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the DAL balance sheet.
- There are more long-term liabilities than short-term assets on the DAL balance sheet.
Is DAL stock a Buy, Hold, or Sell, according to analysts?
Out of 10 Equities analysts who monitor DAL, the consensus analyst rating on DAL is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent DAL Analyst Forecasts
Ravi Shanker, a bottom 2% analyst from Morgan Stanley maintains DAL with a strong buy rating and maintains their DAL price target from $85.00 to $85.00, on Apr 11, 2024.
Christopher Stathoulopoulos, a top 9% analyst from Susquehanna maintains DAL with a strong buy rating and raises their DAL price target from $54.00 to $55.00, on Apr 11, 2024.
Susquehanna's Christopher Stathoulopoulos raised their price target on Delta Air Lines (NYSE: DAL) by 1.9% from $54 to $55 on 2024/04/11. The analyst maintained their Strong Buy rating on the stock.
Stathoulopoulos' price target hike followed an assessment of Delta Air Lines' 2024/04/10-dated Q1 2024 earnings report and participation in the earnings call.
Growth is leveling down, and the company is currently in an optimization phase, the analyst told investors.
Stathoulopoulos said they are looking forward to Delta Air Lines' Investor Day in 2024/11 and anticipate that the company will highlight its international network while its core domestic network maintains its strong performance.
Earnings Report
For Q1 2024, Delta Air Lines reported:
- EPS of $0.45, which beat the Zacks Consensus Estimate of $0.36 and, by 80%, Q1 2023’s $0.25.
- Revenue of $13.75B, which beat the Zacks Consensus Estimate by 7.09% and, by 7.75%, Q1 2023's $12.76B.
- Operating margin of 5.1%.
- Free cash flow of $1.4B.
- Debt to EBITDAR of 2.9x.
Management guided:
For Q2 2024:
- EPS of $2.20 to $2.50.
- Revenue growth of 5% to 7%.
- Operating margin of 14% to 15%.
For FY 2024:
- EPS of $6.00 to $7.00
- Free cash flow of $3B to $4B.
- Debt to EBITDAR of 2x to 3x.
CEO Ed Bastian commented: “For Q1, we delivered record revenue on outstanding operational performance, enabling strong earnings growth.
“We anticipate continued strong momentum for our business, and in Q2, we expect to deliver record revenue, a mid-teens operating margin and $2.20 to $2.50 EPS.
“We remain confident in our FY targets for earnings of $6 to $7 per share and free cash flow of $3B to $4B."
Andrew Didora, a bottom 2% analyst from Bank of America maintains DAL with a strong buy rating and raises their DAL price target from $53.00 to $55.00, on Apr 11, 2024.
Michael Linenberg, a top 13% analyst from Deutsche Bank maintains DAL with a strong buy rating and raises their DAL price target from $50.00 to $60.00, on Apr 11, 2024.
Atul Maheswari, a bottom 22% analyst from UBS initiates coverage on DAL with a strong buy rating and announces their DAL price target of $59.00, on Mar 20, 2024.
You can dive deeper into what analysts are forecasting on the Delta Air Lines stock forecast page.
DAL Momentum
How are DAL Revenues/Earnings doing?
Last year, DAL earnings were $4.49B. In the last 5 year, DAL's earnings have gone up by 0.79% per year. This was faster than the Airlines industry average of -4.32%.
Last year, DAL revenue was $60.12B. In the past 5 year, DAL's revenue has increased by 5.64% per year. This was slower than the Airlines industry average of 7.63%.
Dive into DAL's earnings and revenue performance here.
Are DAL insiders buying or selling the stock?
Over the last 12 months, executives and large shareholders at DAL have sold more shares than they have bought.
Willie Cw Chiang, Director of DAL, was the latest DAL insider to buy. They bought $438,970.00 worth of DAL shares on Jul 12, 2024.
Learn more about who owns DAL shares here.
Can I rely on DAL as an income stream?
Delta Air Lines pays a dividend of 1.04%, compared to the Airlines industry's average dividend yield of 6.6%. If you owned $1,000 worth of DAL stock, you would have received $10.37 in the past 12 months.
Delta Air Lines dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Delta Air Lines dividend yield and history here.
What others are saying about DAL
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your DAL buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open button and your broker will execute your order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in DAL
Now that you own some DAL stock, you'll want to keep up with your investment.
Start a watchlist to keep tabs on your DAL stock.
DAL Feed
How to Buy Stock in Delta Air Lines
To summarize, here are the 6 steps you need to take to buy Delta Air Lines stock right now:
- Choose where to buy Delta Air Lines stock
- Open a brokerage account
- Fund your investment account
- Analyze Delta Air Lines stock
- Make your DAL buy order
- Watch your investment in DAL
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Delta Air Lines, hit the button below to create your watchlist.
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