Zacks Research Brokers Lift Earnings Estimates for Delek US

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for Delek US in a research report issued on Friday, May 29th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings per share of ($0.27) for the quarter, up from their prior forecast of ($0.29). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $4.96 per share. Zacks Research also issued estimates for Delek US’s Q1 2028 earnings at ($0.23) EPS and FY2028 earnings at ($0.24) EPS.

Other analysts have also issued reports about the company. UBS Group raised their price target on Delek US from $42.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Wall Street Zen raised Delek US from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 18th. Citigroup raised their price target on Delek US from $33.00 to $44.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Mizuho raised their price target on Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Finally, The Goldman Sachs Group raised Delek US from a “neutral” rating to a “buy” rating and raised their price target for the stock from $43.00 to $55.00 in a research note on Friday, April 10th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $44.69.

Delek US Stock Up 3.3%

Shares of NYSE:DK opened at $45.97 on Tuesday. The stock’s 50-day moving average price is $43.59 and its two-hundred day moving average price is $37.77. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 10.51. Delek US has a 12-month low of $18.12 and a 12-month high of $49.50. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of -50.51, a PEG ratio of 0.30 and a beta of 0.60.

Delek US (NYSE:DK) last posted its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($1.42) by $1.50. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.33 billion. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the company earned ($2.32) earnings per share.

Hedge Funds Weigh In On Delek US

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Thoroughbred Financial Services LLC lifted its position in Delek US by 1.3% during the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock worth $805,000 after acquiring an additional 348 shares in the last quarter. New York State Common Retirement Fund lifted its position in Delek US by 1.8% during the 4th quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock worth $654,000 after acquiring an additional 400 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its position in Delek US by 23.2% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,259 shares of the oil and gas company’s stock worth $67,000 after acquiring an additional 425 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in 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 acquiring an additional 432 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in Delek US by 2.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock worth $492,000 after acquiring an additional 507 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Robert G. Wright sold 10,720 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $47.07, for a total value of $504,590.40. Following the transaction, the executive vice president directly owned 48,148 shares in the company, valued at $2,266,326.36. This trade represents a 18.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Denise Clark Mcwatters sold 11,988 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $41.33, for a total value of $495,464.04. Following the sale, the executive vice president owned 74,196 shares in the company, valued at approximately $3,066,520.68. The trade was a 13.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 149,585 shares of company stock worth $6,460,853. Corporate insiders own 3.56% of the company’s stock.

Delek US Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, May 1st. Delek US’s dividend payout ratio (DPR) is -112.09%.

Delek US Company Profile

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.