Zacks Research Has Positive View of Delek US FY2026 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of Delek US in a note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn ($0.35) per share for the year, up from their previous estimate of ($0.37). The consensus estimate for Delek US’s current full-year earnings is ($4.40) per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at ($0.02) EPS.

Delek US (NYSE:DK) last released its 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 return on equity of 28.21% and a negative net margin of 2.27%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the previous year, the company posted $2.02 earnings per share. The firm’s quarterly revenue was down 34.3% on a year-over-year basis.

A number of other brokerages have also commented on DK. Wells Fargo & Company cut their price objective on shares of Delek US from $18.00 to $16.00 and set an “underweight” rating on the stock in a research report on Monday, December 9th. Bank of America started coverage on shares of Delek US in a research note on Thursday, October 17th. They issued an “underperform” rating and a $15.00 target price for the company. Mizuho decreased their price objective on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Scotiabank dropped their target price on shares of Delek US from $25.00 to $22.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. Finally, Morgan Stanley lowered their price target on Delek US from $24.00 to $22.00 and set an “underweight” rating on the stock in a research report on Monday, September 16th. Five research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.00.

Delek US Stock Up 0.9 %

Shares of Delek US stock opened at $18.62 on Monday. The company has a market capitalization of $1.18 billion, a P/E ratio of -3.83 and a beta of 1.22. 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 business has a 50-day moving average of $17.79 and a two-hundred day moving average of $19.80.

Delek US Dividend Announcement

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

Hedge Funds Weigh In On Delek US

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. River Road Asset Management LLC increased its position in shares of Delek US by 1.1% in the third quarter. River Road Asset Management LLC now owns 4,100,268 shares of the oil and gas company’s stock worth $76,880,000 after purchasing an additional 45,949 shares during the period. Victory Capital Management Inc. raised its position in shares of Delek US by 17.2% in the 3rd quarter. Victory Capital Management Inc. now owns 3,279,590 shares of the oil and gas company’s stock valued at $61,492,000 after buying an additional 480,614 shares in the last quarter. State Street Corp lifted its holdings in shares of Delek US by 8.0% during the 3rd quarter. State Street Corp now owns 3,019,307 shares of the oil and gas company’s stock worth $56,612,000 after acquiring an additional 223,110 shares during the period. Rubric Capital Management LP acquired a new stake in shares of Delek US during the 3rd quarter worth approximately $37,500,000. Finally, FMR LLC increased its stake in Delek US by 47.3% in the third quarter. FMR LLC now owns 1,707,773 shares of the oil and gas company’s stock valued at $32,021,000 after acquiring an additional 548,777 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

About Delek US

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.