What is Zacks Research’s Estimate for Delek US Q3 Earnings?

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Zacks Research increased their Q3 2026 earnings estimates for Delek US in a report issued on Monday, June 29th. Zacks Research analyst Team now expects that the oil and gas company will earn $1.16 per share for the quarter, up from their prior estimate of $1.12. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $5.26 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $0.13 EPS, FY2026 earnings at $1.97 EPS and Q4 2027 earnings at $0.78 EPS.

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

A number of other equities analysts also recently commented on DK. Mizuho boosted their target price on shares of Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Raymond James Financial raised their price target on Delek US from $47.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, March 25th. Citigroup upped their price objective on Delek US from $33.00 to $44.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Morgan Stanley boosted their price target on shares of Delek US from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Friday, June 12th. Finally, Weiss Ratings downgraded shares of Delek US from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $46.08.

Delek US Trading Up 7.8%

Shares of NYSE:DK opened at $51.56 on Tuesday. Delek US has a 52 week low of $19.81 and a 52 week high of $52.50. The company’s 50 day moving average is $44.45 and its two-hundred day moving average is $38.78. The company has a market cap of $3.16 billion, a PE ratio of -56.66, a P/E/G ratio of 0.31 and a beta of 0.60. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were given a dividend of $0.255 per share. The ex-dividend date was Friday, May 1st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.0%. Delek US’s dividend payout ratio (DPR) is -112.09%.

Insider Buying and Selling at Delek US

In other news, Director Laurie Z. Tolson sold 4,921 shares of Delek US stock in a transaction on Monday, May 18th. The shares were sold at an average price of $46.30, for a total value of $227,842.30. Following the transaction, the director directly owned 18,226 shares of the company’s stock, valued at $843,863.80. The trade was a 21.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Robert G. Wright sold 10,720 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $47.07, for a total transaction of $504,590.40. Following the completion of the sale, the executive vice president owned 48,148 shares of the company’s stock, valued at approximately $2,266,326.36. This trade represents a 18.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 34,270 shares of company stock valued at $1,571,218. Insiders own 3.56% of the company’s stock.

Hedge Funds Weigh In On Delek US

Several institutional investors have recently added to or reduced their stakes in DK. Vanguard Group Inc. raised its stake in Delek US by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 6,330,858 shares of the oil and gas company’s stock valued at $187,773,000 after acquiring an additional 38,577 shares during the last quarter. Ion Asset Management Ltd. lifted its holdings in shares of 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 valued at $79,296,000 after buying an additional 67,490 shares during the period. State Street Corp boosted its stake in shares of Delek US by 3.4% in the fourth quarter. State Street Corp now owns 2,639,447 shares of the oil and gas company’s stock valued at $78,286,000 after buying an additional 87,846 shares in the last quarter. Morgan Stanley grew its holdings in Delek US by 24.7% during the fourth quarter. Morgan Stanley now owns 2,033,037 shares of the oil and gas company’s stock worth $60,300,000 after acquiring an additional 403,059 shares during the period. Finally, Barclays PLC grew its holdings in Delek US by 29.4% during the third quarter. Barclays PLC now owns 1,873,578 shares of the oil and gas company’s stock worth $60,460,000 after acquiring an additional 425,896 shares during the period. Institutional investors and hedge funds 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.