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

Delek US Holdings, Inc. (NYSE:DK) – Research analysts at Zacks Research increased their Q3 2026 EPS estimates for Delek US in a report released on Friday, October 17th. Zacks Research analyst Team now expects that the oil and gas company will post earnings of $0.03 per share for the quarter, up from their previous estimate of $0.02. The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share.

Several other analysts have also issued reports on the stock. TD Cowen raised shares of Delek US from a “sell” rating to a “hold” rating and boosted their price target for the company from $15.00 to $28.00 in a research report on Friday, September 19th. Citigroup reissued a “neutral” rating and issued a $30.00 price target (up previously from $15.00) on shares of Delek US in a research report on Wednesday, July 16th. JPMorgan Chase & Co. boosted their price target on shares of Delek US from $19.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Delek US in a research report on Wednesday, October 8th. Finally, Wolfe Research raised shares of Delek US from a “peer perform” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Delek US has a consensus rating of “Hold” and an average target price of $32.15.

Delek US Stock Performance

NYSE DK opened at $34.25 on Monday. The company’s 50 day moving average is $29.75 and its 200-day moving average is $22.74. Delek US has a 12-month low of $11.02 and a 12-month high of $35.96. The company has a quick ratio of 0.50, a current ratio of 0.80 and a debt-to-equity ratio of 10.48. The firm has a market cap of $2.06 billion, a P/E ratio of -2.79 and a beta of 1.01.

Delek US (NYSE:DK) last posted its quarterly earnings results on Tuesday, December 6th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter. Delek US had a negative net margin of 7.11% and a negative return on equity of 79.27%. The company had revenue of $2.96 billion for the quarter.

Delek US Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Investors of record on Monday, August 11th were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.02 annualized dividend and a yield of 3.0%. Delek US’s payout ratio is currently -8.30%.

Insider Buying and Selling

In other Delek US news, CFO Robert G. Wright sold 7,135 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $29.24, for a total value of $208,627.40. Following the completion of the transaction, the chief financial officer owned 48,294 shares of the company’s stock, valued at $1,412,116.56. The trade was a 12.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Delek US

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Ion Asset Management Ltd. grew its stake in Delek US by 1.8% in the 2nd quarter. Ion Asset Management Ltd. now owns 3,743,890 shares of the oil and gas company’s stock worth $79,296,000 after buying an additional 67,490 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in Delek US by 113.5% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,601,777 shares of the oil and gas company’s stock worth $33,926,000 after buying an additional 851,458 shares in the last quarter. Allianz Asset Management GmbH grew its stake in Delek US by 25.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,051,066 shares of the oil and gas company’s stock worth $22,262,000 after buying an additional 211,791 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Delek US by 35.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,037,599 shares of the oil and gas company’s stock worth $15,637,000 after buying an additional 270,792 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Delek US by 9.2% in the 1st quarter. Northern Trust Corp now owns 987,086 shares of the oil and gas company’s stock worth $14,875,000 after buying an additional 83,246 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

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.