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 $51.02, up 1.82% from the previous day, and has increased 40.43% in one year. It has overperformed other stocks in the Airlines industry by 0.43 percentage points. Delta Air Lines stock is currently +66.73% from its 52-week low of $30.60, and -5.27% from its 52-week high of $53.86.
At the moment, there are 645.31M DAL shares outstanding. The market capitalization of DAL is $32.92B. In the last 24 hours, 7.6M 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.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
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 6.52x, relative to Airlines industry P/E ratio of 15.02x
- DAL may be overvalued based on its P/B ratio of 2.95x, relative to Airlines industry P/B ratio of 2.83x
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 $6.64B allows it to safely service it's debt of $26.31B.
- DAL earnings of $7.05B is not enough to cover its interest payments.
- DAL profit margin has gone up from 3.5% to 8.5% in the past year.
Signs that DAL is not financially healthy:
- DAL has a relatively high debt to equity ratio of 5.72.
- 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 7 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
Michael Linenberg, a top 12% 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.
Deutsche Bank's Michael Linenberg raised their price target on Delta Air Lines (NYSE: DAL) by 20% from $50 to $60 on 2024/04/11. The analyst maintained their Strong Buy rating on the stock.
After reviewing Delta Air Lines' Q1 2024 earnings, reported on 2024/04/10, Linenberg said that "the company's solid quarter highlighted a strong start to 2024."
Overall, the analyst continued, demand for Delta Air Line's products remains very healthy with premium demand continuing to lead the way."
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."
Atul Maheswari, a bottom 17% 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 $5.01B. In the last 5 year, DAL's earnings have gone up by 5.43% per year. This was faster than the Airlines industry average of -2.83%.
Last year, DAL revenue was $59.04B. In the past 5 year, DAL's revenue has increased by 5.61% per year. This was slower than the Airlines industry average of 7.23%.
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.
Joanne D. Smith, EVP Chief People Officer of DAL, was the latest DAL insider to sell. They sold $253,421.57 worth of DAL shares on May 8, 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 0.78%, compared to the Airlines industry's average dividend yield of 6.13%. If you owned $1,000 worth of DAL stock, you would have received $7.84 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.
More Content You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.