Zacks Research Has Strong Estimate for Delek US Q3 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Stock analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Delek US in a research note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of $0.15 per share for the quarter, up from their previous forecast of $0.14. The consensus estimate for Delek US’s current full-year earnings is ($4.40) per share.

Delek US (NYSE:DK) last posted its quarterly earnings results on Wednesday, November 6th. The oil and gas company reported ($1.45) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.71) by $0.26. Delek US had a negative net margin of 2.27% and a negative return on equity of 28.21%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same period in the previous year, the business posted $2.02 earnings per share. Delek US’s quarterly revenue was down 34.3% on a year-over-year basis.

DK has been the topic of a number of other research reports. Wolfe Research raised Delek US from an “underperform” rating to a “peer perform” rating in a research note on Friday. Wells Fargo & Company dropped their price objective on shares of Delek US from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Monday, December 9th. StockNews.com downgraded shares of Delek US from a “hold” rating to a “sell” rating in a research note on Saturday, September 21st. Mizuho dropped their price target on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Delek US from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Five analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $21.00.

Delek US Price Performance

DK stock opened at $18.62 on Friday. Delek US has a 1 year low of $15.36 and a 1 year high of $33.60. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.04 and a quick ratio of 0.67. The firm has a market capitalization of $1.18 billion, a PE ratio of -3.83 and a beta of 1.22. The business has a 50 day simple moving average of $17.79 and a 200-day simple moving average of $19.83.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Clifford Capital Partners LLC purchased a new stake in Delek US during the 3rd quarter worth about $7,504,000. Point72 Asset Management L.P. acquired a new position in shares of Delek US during the second quarter worth about $19,806,000. International Assets Investment Management LLC increased its stake in shares of Delek US by 1,753.2% during the third quarter. International Assets Investment Management LLC now owns 648,507 shares of the oil and gas company’s stock worth $12,160,000 after buying an additional 613,514 shares during the period. Geode Capital Management LLC raised its holdings in Delek US by 4.5% in the third quarter. Geode Capital Management LLC now owns 1,459,301 shares of the oil and gas company’s stock valued at $27,368,000 after acquiring an additional 63,502 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in Delek US in the third quarter worth approximately $1,782,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Delek US Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Tuesday, November 12th were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date of this dividend was Tuesday, November 12th. Delek US’s dividend payout ratio (DPR) is -20.99%.

Delek US Company Profile

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.