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Zacks Research Brokers Boost Earnings Estimates for Delek US

Delek US logo with Oils/Energy background

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Delek US in a report issued on Thursday, January 2nd. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of $0.15 for the quarter, up from their previous estimate of $0.14. The consensus estimate for Delek US's current full-year earnings is ($4.40) per share.

Delek US (NYSE:DK - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported ($1.45) EPS for the quarter, beating the consensus estimate of ($1.71) by $0.26. Delek US had a negative return on equity of 28.21% and a negative net margin of 2.27%. The company had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $3.23 billion. During the same period last year, the firm posted $2.02 earnings per share. Delek US's revenue was down 34.3% compared to the same quarter last year.

Several other brokerages have also recently issued reports on DK. JPMorgan Chase & Co. raised their target price on shares of Delek US from $21.00 to $22.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. Piper Sandler dropped their price target on Delek US from $25.00 to $19.00 and set a "neutral" rating on the stock in a research note on Friday, September 20th. Bank of America began coverage on Delek US in a research report on Thursday, October 17th. They set an "underperform" rating and a $15.00 price objective for the company. Mizuho dropped 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. Finally, Wolfe Research upgraded Delek US from an "underperform" rating to a "peer perform" rating in a research note on Friday. Five equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. According to MarketBeat, Delek US has a consensus rating of "Hold" and an average target price of $21.00.

Get Our Latest Stock Analysis on DK

Delek US Stock Performance

Shares of NYSE DK traded up $0.17 during trading on Friday, reaching $18.62. 957,665 shares of the company traded hands, compared to its average volume of 1,139,682. The company has a quick ratio of 0.67, a current ratio of 1.04 and a debt-to-equity ratio of 3.18. The firm has a 50 day simple moving average of $17.79 and a 200-day simple moving average of $19.83. Delek US has a 52-week low of $15.36 and a 52-week high of $33.60. The stock has a market capitalization of $1.18 billion, a PE ratio of -3.83 and a beta of 1.22.

Delek US Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date was Tuesday, November 12th. Delek US's payout ratio is -20.99%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Quarry LP bought a new position in Delek US in the 2nd quarter worth approximately $43,000. Farther Finance Advisors LLC boosted its position in shares of Delek US by 24.2% during the third quarter. Farther Finance Advisors LLC now owns 7,733 shares of the oil and gas company's stock worth $145,000 after acquiring an additional 1,508 shares during the last quarter. Capstone Investment Advisors LLC purchased a new position in Delek US during the third quarter valued at $193,000. MQS Management LLC bought a new stake in Delek US in the 3rd quarter valued at $201,000. Finally, Chesapeake Capital Corp IL purchased a new stake in Delek US in the 2nd quarter worth $223,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

About Delek US

(Get Free Report)

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.

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Earnings History and Estimates for Delek US (NYSE:DK)

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