Delek US (DK) to Release Quarterly Earnings on Tuesday

Delek US (NYSE:DK - Get Free Report) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect Delek US to post earnings of ($1.53) per share and revenue of $2.58 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Delek US Stock Performance

NYSE DK traded down $0.74 on Friday, hitting $16.72. 1,511,728 shares of the company traded hands, compared to its average volume of 1,131,251. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -3.44 and a beta of 1.20. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 3.18. The business's 50 day moving average price is $18.23 and its 200-day moving average price is $18.73. Delek US has a 52-week low of $15.36 and a 52-week high of $33.60.

Delek US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Monday, March 3rd will be given a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.02 annualized dividend and a yield of 6.10%. Delek US's dividend payout ratio (DPR) is presently -20.99%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DK. Mizuho lowered their target price on Delek US from $26.00 to $25.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Wells Fargo & Company lowered their target price on Delek US from $18.00 to $16.00 and set an "underweight" rating on the stock in a research report on Monday, December 9th. Wolfe Research upgraded Delek US from an "underperform" rating to a "peer perform" rating in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on Delek US from $21.00 to $22.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. Five research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $21.00.

About Delek US

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal.