Q3 Earnings Forecast for Delek US Issued By Zacks Research

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research raised their Q3 2026 EPS estimates for shares of Delek US in a research report issued to clients and investors on Friday, October 23rd. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of $4.19 per share for the quarter, up from their previous estimate of $2.05. The consensus estimate for Delek US’s current full-year earnings is $18.04 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $4.05 EPS, FY2026 earnings at $13.80 EPS, Q1 2027 earnings at $3.23 EPS, Q3 2027 earnings at $3.34 EPS, Q4 2027 earnings at $2.91 EPS, FY2027 earnings at $11.18 EPS, Q1 2028 earnings at $0.23 EPS, Q2 2028 earnings at $0.44 EPS, Q3 2028 earnings at $0.77 EPS and FY2028 earnings at $0.29 EPS.

Delek US (NYSE:DK) last announced its quarterly earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share for the quarter, topping the consensus estimate of $2.67 by $2.81. Delek US had a net margin of 1.86% and a return on equity of 109.03%. The firm had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the prior year, the company earned ($0.56) EPS. The company’s revenue was up 47.9% compared to the same quarter last year.

DK has been the subject of a number of other research reports. Morgan Stanley upped their target price on Delek US from $45.00 to $81.00 and gave the stock an “equal weight” rating in a report on Monday, September 14th. Wells Fargo & Company increased their target price on Delek US from $82.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, October 14th. Mizuho reiterated a “neutral” rating and issued a $83.00 price target (up from $66.00) on shares of Delek US in a report on Thursday, October 8th. Freedom Broker started coverage on Delek US in a research report on Wednesday, October 7th. They issued a “hold” rating and a $86.00 price target for the company. Finally, Wall Street Zen upgraded Delek US from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $70.83.

Delek US Stock Performance

Shares of DK stock opened at $78.24 on Tuesday. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of 9.89, a PEG ratio of 0.56 and a beta of 0.62. The company’s 50 day moving average is $73.35 and its 200 day moving average is $51.74. The company has a quick ratio of 0.47, a current ratio of 0.76 and a debt-to-equity ratio of 7.53. Delek US has a 52-week low of $25.85 and a 52-week high of $82.27.

Institutional Trading of Delek US

A number of institutional investors have recently made changes to their positions in DK. Carolina Wealth Advisors LLC acquired a new stake in shares of Delek US in the 3rd quarter worth $38,000. Fortitude Family Office LLC increased its position in Delek US by 223.7% during the 3rd quarter. Fortitude Family Office LLC now owns 547 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 378 shares in the last quarter. Allworth Financial LP acquired a new position in Delek US during the 2nd quarter valued at about $30,000. IFP Advisors Inc increased its position in Delek US by 842.7% during the 3rd quarter. IFP Advisors Inc now owns 707 shares of the oil and gas company’s stock valued at $50,000 after buying an additional 632 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in Delek US by 61.6% in the third quarter. GAMMA Investing LLC now owns 1,183 shares of the oil and gas company’s stock valued at $84,000 after buying an additional 451 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Reuven Spiegel sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $73.21, for a total transaction of $549,075.00. Following the completion of the transaction, the executive vice president owned 28,935 shares in the company, valued at $2,118,331.35. The trade was a 20.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William J. Finnerty sold 2,943 shares of Delek US stock in a transaction on Friday, September 11th. The stock was sold at an average price of $77.17, for a total transaction of $227,111.31. Following the completion of the transaction, the director directly owned 30,405 shares in the company, valued at $2,346,353.85. This represents a 8.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 163,377 shares of company stock worth $11,082,485. Insiders own 3.56% of the company’s stock.

About Delek US

Delek US Holdings, Inc is a downstream energy company headquartered in Brentwood, Tennessee. The company operates petroleum refineries and related logistics assets, producing and transporting fuels and other refined petroleum products for markets primarily in the southern United States.

Through its refining operations, Delek processes crude oil into products such as gasoline, diesel, jet fuel and asphalt. Its logistics business, conducted in part through Delek Logistics Partners, owns and operates pipelines, crude oil gathering systems, storage terminals, transportation assets and other infrastructure that supports the movement of crude oil and refined products.

Delek has also operated convenience stores and fuel stations, particularly in Texas and neighboring states, under brands including DK and Alon.