Here's How Much Investing $100 In Delta Stock In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 SPY total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way.

Delta’s Difficult Decade

One lackluster investment of the last decade was U.S. airline Delta Air Lines, Inc. DAL.

Delta Air Lines kicked off the 2010s by completing its integration with Northwest Airlines, which it acquired back in 2008. In 2010, Delta also announced a $2 billion investment to improve customer experience, including in-seat video for all passengers on widebody aircraft.

In 2013, Delta acquired a 49% stake in UK airline Virgin Atlantic.

In late 2016, Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) took a new stake in Delta, giving investors a vote of confidence in the long-term outlook for the stock.

By 2017, Delta reported record pre-tax profits of $6.1 billion. That same year, Delta acquired a 49% ownership stake in Aeromexico.

Delta started the 2010s trading at around $11.20. For most of the first three years of the decade, the stock traded between around $7 and $14, dropping to its decade low of $6.41 in mid-2011.

Delta broke out above $15 in early 2013, soaring as high as $52.77 in late 2015.

2020 And Beyond

Delta ultimately reached its decade high of $63.44 in mid-2019.

Unfortunately, the stock has taken a nosedive thanks to COVID-19, dropping to a new multi-year low of $19.10 before bouncing back to around $24.

Given the recent sell-off, $100 worth of Delta IPO stock in 2010 would be worth about $205 today, assuming reinvested dividends.

Looking ahead, analysts are optimistic Delta can regain altitude in 2020. The average price target among the 16 analysts covering the stock is $38.50, suggesting 60.6% upside from current levels.

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