Citigroup has initiated coverage on Delta Air Lines Inc (DAL) with a Buy rating, marking the firm's first assessment of the airline's investment potential. The decision reflects Citigroup's analysis of Delta's business fundamentals, industry dynamics, and growth prospects.
Delta Air Lines, headquartered in Atlanta, Georgia, provides scheduled air transportation for passengers and cargo. The company operates with a workforce of 103,000 full-time employees and maintains a significant presence in major markets including New York, Los Angeles, and London. Delta's airline segment is managed as a single business unit, which includes its loyalty program and ancillary services.
As of December 4, 2025, Delta's stock is priced at $67.53, contributing to a market capitalization of $44.1 billion. The company boasts a P/E ratio of 9.52 and a remarkable dividend yield of 111.1%. Upcoming earnings reports are scheduled for April 7, 2026, and July 8, 2026, with estimates of $0.67 and $2.51 per share, respectively.
Analyst ratings such as Citigroup's are based on comprehensive research and financial modeling. While they can offer valuable insights, investors should consider various factors, including company fundamentals and market trends, before making investment decisions. It is important to note that analyst opinions can evolve with new information, leading to changes in ratings over time.