DAL Sep 2019 39.000 call

OPR - OPR Delayed Price. Currency in USD
19.61
0.00 (0.00%)
As of 11:05AM EDT. Market open.
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Previous Close19.61
Open19.61
Bid18.90
Ask19.85
Strike39.00
Expire Date2019-09-20
Day's Range19.61 - 19.61
Contract RangeN/A
Volume10
Open InterestN/A
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    The past year and a half haven't been easy for American Airlines (NASDAQ:AAL). American Airlines stock is down a painful 55% from its January-2018 peak.Source: Shutterstock Every time it looked like it might snap out of that funk, it's managed to find an even lower low. The weakness will ultimately serve as a buying opportunity, even if this month's new 52-week lows don't end up being the ultimate bottom.At a trailing P/E of 7.8 and a forward-looking P/E of 4.6, AAL stock is priced as if an apocalypse is inevitable. That is to say, the worst-case scenario is already priced in, and then some.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs to when American Airlines stock will rebound though, and how well it recovers, most of that will hinge on the carrier's international business. Much of it's being rearranged, largely for the purpose of expansion. Expansion Plans and American Airlines StockAt first glance, news that American Airlines was adding another flight to and from Phoenix to Hermosillo, Mexico, could be shrugged off. Airlines add, and drop, regular flights all the time, as dictated by changing demand. * 10 Cheap Dividend Stocks to Load Up On This addition is tacked on to a string of new nonstop flights to and from Mexico has already added this year, however. American also added two new flights from Dallas to Tokyo two weeks ago. Around the same time, it announced a new route from Dallas and Tel Aviv, Israel, restoring service that was discontinued in early 2016.London, Athens, Madrid and Munich were also destinations of new flights from American this summer, even if only on a temporary basis.Africa is also an increasingly important destination from the United States. Vasu Raja, vice president of Network & Schedule Planning at American Airlines, explains:"We see the ability to develop Africa over multiple years - three, five, seven years. Today, we go fly to Casablanca, but through our partnership through Royal Air Maroc we can connect customers to a number of destinations in Africa. As those connections continue to grow, we'll be able to create value for more customers, and as we see where it is the customers grow, we can go to those places nonstop from a U.S. hub."The same may apply all over the world now, however."I think in three years what you will see is a much more globally diversified American Airlines that is operating in the markets that three or four years ago that it wouldn't have dared to dream about," Raja added. Longevity in QuestionThe underpinnings of the expansion are debatable, as is the longevity of the demand.Chief among concerns is a trade war, largely being fought with tariffs, between China and the United States that could create a ripple effect across the globe. Some fear it already has.The current administration hasn't been particularly dovish with Mexico in terms of trade either, calling into question the need for American Airlines' new routes to several destinations in Latin America.Concerned owners of American Airlines stock will also point out that the new routes added to Iceland in the middle of last year, in response to a travel boom at the time, are all going to be discontinued by October."The likely problem is that the airlines jumped in too quickly as soon as they saw a boom in Iceland's visitor numbers without anticipating the slowdown that will likely occur," Laura Beaton, Travel & Tourism analyst with London-based GlobalData said of the recently-added routes.It's entirely possible all carriers could be making a similar mistake with the addition of several new international routes. Changing Air Travel and American Airlines StockOn the other hand, it's also possible the air travel industry is at a critical turning point, where incomes are high enough everywhere and air travel is affordable enough everywhere that new international demand is here to stay.One underlying evolution driving that paradigm shift may be the jets themselves.It's difficult to call the early days of the 737-MAX series of passenger jets from Boeing (NYSE:BA) anything but a disaster. Two fatal crashes of the plane just a few months after they first took to the air have proven incredibly disruptive to previously-planned routes that have since been canceled or serviced by other planes with a different number of seats.Still, beyond the computerized safety system that appears to be the culprit of both crashes, the 737-MAX had proven to be 20% more fuel-efficient than comparable planes, thanks to the structural design of the aircraft.That upside still stands. Other aircraft designs will certainly borrow from the best aspects of the 737 MAX.Another key development? More, and better, infrastructure. More international hubs are being established, and more airports are being built.Meanwhile, existing airports are being improved in a way that allows them to accommodate more planes and passengers. This is particularly true of so-called "emerging and developing economies," where American Airlines is slowly but surely pushing its way in. Looking Ahead for American Airlines StockIn its long-term air travel outlook recently updated by International Air Transport Association (IATA), the organization predicts that the number of annual air travelers will more than double over the course of the next twenty years.By 2040, more than 20 billion total air trips are expected to be made. China and India will be featured prominently in that growth, as will Latin America. American Airlines is simply looking to stay ahead of that trend. Rival airlines like Delta Air Lines (NYSE:DAL) and United Airlines Holdings (NASDAQ:UAL) are seeking to do the same.But, somehow for the perpetually-less-profitable American Airlines, the effort to expand internationally is an opportunity to grow its margins to levels more like those of its peers.Still, it's an awfully big risk, if the industry's growth trend isn't as reliable as it seems on the surface.As of the time of this writing, James Brumley did not hold a position in any of the aforementioned securities. To learn more about James, visit his site at jamesbrumley.com, or follow him on twitter at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post This Big Bet on International Growth Could Hurt American Airlines Stock appeared first on InvestorPlace.

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Their payout ratios are high and the companies tend to be highly leveraged as a result.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBelow are five stocks selling below 10x earnings whose dividends have been rising 15% or more per year. The companies pay out less than 30% of their earnings in dividends. They reinvest the rest to maintain consistent growth. * 10 Cheap Dividend Stocks to Load Up On None of these stocks are turnarounds. They have been growing consistently for the past several years. You can rely on them to continue to increase their dividends at these rates. Best Value Stocks: CIT Group (CIT)2-Year Dividend Growth: +133%CIT Group (NYSE:CIT) is a bank holding company that has transformed itself into a vibrant, growing commercial lender after its demise in 2009. Earnings have been growing nicely as the company has divested itself of loss making divisions.In Q2 2018, CIT's dividends were at an annual rate of 64 cents. Three quarters later in Q1 2019, CIT raised the rate 56% to $1.00. And just recently in July CIT did it again - hiking the dividend to $1.40, up 40%.Analysts expect CIT to earn $4.96 this year. Its dividend represents just 28% of expected earnings. The stock now yields 3.1% and has a price-to-earnings ratio of 9.2x.CIT has been simplifying its commercial lending business, selling off non-core units, and strengthening its capital ratios. Its recent stock buybacks and dividends increases show that this is a very shareholder friendly company.Expect the company to continue to reward shareholders with consistent earnings and dividend increases. Bank of America (BAC)2-Year Dividend Growth: +50%Bank of America (NYSE:BAC), the U.S. bank holding company, has increased its quarterly dividends over the past two years from an annual rate of 48 cents to 72 cents, paid in July. In addition, BAC has been showing good operational growth, despite interest rate headwinds.BAC sports a 2.54% dividend yield and trades for just 10 times earnings per share. BAC reported Q2 earnings of 74 cents per share, which was up 17% over the past year.BAC can comfortably afford its dividend. The 72 cents annual dividend rate represents just 28% of its expected earnings per share of $2.84 for this year.BAC has a large and stable asset base with its consumer deposits and high earnings quality. It is well diversified with its Merrill Lynch brokerage arm, and an asset management business with $220 billion in assets under management. Their stable fees strengthen its lending business. * 10 Best Stocks to Buy and Hold Forever BAC has consistently grown its dividends. They rose 25% in 2018 and 20% in 2019. Expect the stock to continue to increase its earnings and dividends over the next year at a similar rate. Boyd Gaming (BYD)2-Year Dividend Growth Rate: +40%Boyd Gaming (NYSE:BYD) is a casino operator mainly focused on niche markets such as the local, non-Strip gambler in Las Vegas. Its revenue and earnings have picked up nicely over the past several years as U.S. economic growth, and disposable income, has grown.BYD has increased its dividend 40% over the past two years. This includes a 20% increase in 2018 and recently 17% increase to 28 cents on an annual basis. This represents just 16% of its expected earnings this year of $1.78 per share.BYD's dividend yield is 1.15%. There is plenty of room for the dividends to grow as Wall Street expects that the company will continue to show consistent earnings growth. As sports betting picks up speed across new states, now that the Supreme Court has OK'd it, BYD expects to participate in the growth in that arena.BYD is play on the economy continuing to steam ahead and the regional consumer's willingness to dispose of income at BYD's casinos. Expect the dividend to rise substantially over the next several years. Delta Air Lines (DAL)2-Year Dividend Growth: +32%Delta Air Lines (NYSE:DAL) has increased its dividend by over 32% over the past two years. In 2018 the dividend rose 14.8% and recently DAL set the annual rate at $1.61, up 15.1%. The stock is a general play on economic growth as well as its moves to diversity earnings.Delta's recent Q2 revenues were up 9% year-over-year. Earnings shot up an incredible 32%. Analysts are especially optimistic about the new credit card that DAL is going to co-brand in partnership with American Express (NYSE:AXP).The stock is still cheap, though. It trades at just 8.4x earnings which are expected to reach $7.10 for the year.Given that its dividend rate is $1.61, the pay-out ratio is 22%. So there is plenty of room for the company to continue to increase the dividend. Moreover, the stock sports a very attractive dividend yield of 2.71%. * 7 Great No-Load Mutual Funds for Retirement Portfolios Investors can expect DAL to consistently raise the dividend over the next several years. Citigroup (C)2-Year Dividend Growth: +59.4%Citigroup (NYSE:C) has raised its dividend almost 60% in the past two years. The dividend was up 41% in 2018 and this year Citigroup has hiked it another 13.3%.Citigroup is a play on strong economic growth in the U.S. The company has consistently produced solid revenue and earnings growth in the past 5 years.The company is well positioned to withstand any interest rate headwinds, should rates continue to fall. Deposits and loans have continued to grow despite interest rate cuts. Revenue was up 4% in the first half of 2019 and net income rose 13%.Citigroup's stock trades for less than 9x earnings per share. The dividend yield is very attractive at 3.1%. This is more than investors can make in their money market accounts.With the dividend set at $2.04, and earnings expected to be $7.64 this year, the payout ratio is only 26.7%. So there is still plenty of room for Citigroup to raise the dividend as earnings grows.Investors can expect Citigroup to raise its dividend over the next several years at a similar rate in 2019.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 5 Value Stocks With Fast-Growing Dividends appeared first on InvestorPlace.

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