What is Scotiabank’s Estimate for Delek US FY2026 Earnings?

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Scotiabank raised their FY2026 EPS estimates for shares of Delek US in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will earn $1.70 per share for the year, up from their prior forecast of ($3.20). The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share. Scotiabank also issued estimates for Delek US’s FY2027 earnings at $2.55 EPS.

Several other brokerages have also commented on DK. Piper Sandler decreased their price target on Delek US from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Morgan Stanley reduced their price objective on Delek US from $40.00 to $38.00 and set an “equal weight” rating for the company in a report on Tuesday, January 27th. JPMorgan Chase & Co. decreased their target price on Delek US from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 15th. TD Cowen upped their target price on Delek US from $28.00 to $44.00 and gave the company a “hold” rating in a report on Thursday, March 5th. Finally, Citigroup dropped their price target on Delek US from $37.00 to $33.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.46.

Delek US Trading Up 1.3%

Shares of Delek US stock opened at $40.66 on Monday. The company has a 50-day moving average of $32.80 and a two-hundred day moving average of $33.68. Delek US has a 12-month low of $11.02 and a 12-month high of $45.74. The company has a current ratio of 0.82, a quick ratio of 0.53 and a debt-to-equity ratio of 5.89. The stock has a market cap of $2.44 billion, a PE ratio of -116.17, a price-to-earnings-growth ratio of 4.23 and a beta of 0.75.

Delek US (NYSE:DK) last announced its quarterly earnings data on Friday, February 27th. The oil and gas company reported $0.44 EPS for the quarter, beating the consensus estimate of ($0.19) by $0.63. Delek US had a negative net margin of 0.21% and a negative return on equity of 13.55%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter last year, the business earned ($2.54) earnings per share. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year.

Delek US Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.02 dividend on an annualized basis and a yield of 2.5%. Delek US’s dividend payout ratio is presently -291.43%.

Insider Activity

In other news, EVP Joseph Israel sold 38,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.65, for a total value of $1,544,700.00. Following the sale, the executive vice president directly owned 55,623 shares in the company, valued at $2,261,074.95. This represents a 40.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Reuven Spiegel sold 20,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $42.84, for a total value of $856,800.00. Following the sale, the executive vice president directly owned 48,530 shares in the company, valued at approximately $2,079,025.20. The trade was a 29.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 142,764 shares of company stock worth $5,989,317 in the last quarter. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Delek US

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DK. Brown Brothers Harriman & Co. acquired a new position in Delek US in the 3rd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Delek US by 95.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 432 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Delek US by 173.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock worth $29,000 after buying an additional 614 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Delek US during the fourth quarter worth about $40,000. Finally, Focus Partners Wealth acquired a new position in shares of Delek US in the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.