Zacks Research Comments on Delek US’s Q3 Earnings (NYSE:DK)

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

Delek US (NYSE:DK) last issued its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported ($1.45) earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same quarter last year, the business posted $2.02 earnings per share. The business’s quarterly revenue was down 34.3% compared to the same quarter last year.

Several other research analysts have also issued reports on the company. Morgan Stanley dropped their target price on Delek US from $24.00 to $22.00 and set an “underweight” rating for the company in a research report on Monday, September 16th. Scotiabank dropped their price objective on shares of Delek US from $25.00 to $22.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. Piper Sandler reduced their target price on shares of Delek US from $25.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, September 20th. StockNews.com cut Delek US from a “hold” rating to a “sell” rating in a research report on Saturday, September 21st. Finally, Bank of America began coverage on shares of Delek US in a research note on Thursday, October 17th. They set an “underperform” rating and a $15.00 price target on the stock. Six analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, Delek US currently has a consensus rating of “Hold” and a consensus target price of $21.00.

Delek US Trading Down 0.3 %

Shares of DK opened at $18.45 on Friday. The stock has a market capitalization of $1.17 billion, a PE ratio of -3.80 and a beta of 1.22. The company’s fifty day moving average is $17.76 and its 200 day moving average is $19.87. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.67 and a current ratio of 1.04. Delek US has a fifty-two week low of $15.36 and a fifty-two week high of $33.60.

Delek US Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Tuesday, November 12th were issued a dividend of $0.255 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.02 annualized dividend and a yield of 5.53%. Delek US’s dividend payout ratio is presently -20.99%.

Institutional Investors Weigh In On Delek US

Large investors have recently bought and sold shares of the stock. Quarry LP acquired a new position in shares of Delek US during the second quarter worth $43,000. Farther Finance Advisors LLC lifted its position in Delek US by 24.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,733 shares of the oil and gas company’s stock valued at $145,000 after purchasing an additional 1,508 shares during the last quarter. Chesapeake Capital Corp IL bought a new stake in Delek US during the 2nd quarter valued at $223,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Delek US in the second quarter worth about $223,000. Finally, Capstone Investment Advisors LLC acquired a new stake in Delek US in the third quarter worth approximately $193,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Delek US Company Profile

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.