Delek US (DK) Projected to Post Quarterly Earnings on Wednesday

Delek US (NYSE:DK - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect Delek US to post earnings of ($1.55) per share and revenue of $2.56 billion for the quarter.

Delek US (NYSE:DK - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The oil and gas company reported ($2.54) earnings per share for the quarter, missing the consensus estimate of ($1.53) by ($1.01). The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.58 billion. Delek US had a negative return on equity of 28.21% and a negative net margin of 2.27%. The firm's revenue was down 39.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.46) EPS. On average, analysts expect Delek US to post $-6 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Delek US Stock Performance

NYSE DK traded up $0.31 during trading on Friday, hitting $13.81. 1,066,636 shares of the company's stock traded hands, compared to its average volume of 1,232,154. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.67 and a current ratio of 1.04. The stock has a market capitalization of $863.30 million, a price-to-earnings ratio of -2.84 and a beta of 1.04. Delek US has a 12-month low of $11.03 and a 12-month high of $29.14. The business has a 50 day moving average of $14.23 and a 200-day moving average of $16.70.

Delek US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Monday, May 12th will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date is Monday, May 12th. Delek US's payout ratio is currently -11.54%.

Insider Activity at Delek US

In other Delek US news, CFO Mark Wayne Hobbs purchased 2,800 shares of Delek US stock in a transaction on Tuesday, March 11th. The shares were acquired at an average cost of $13.70 per share, for a total transaction of $38,360.00. Following the completion of the transaction, the chief financial officer now directly owns 49,138 shares of the company's stock, valued at approximately $673,190.60. The trade was a 6.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have bought a total of 5,055 shares of company stock valued at $70,787 over the last 90 days. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DK shares. Scotiabank lowered their target price on shares of Delek US from $24.00 to $14.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Piper Sandler dropped their price objective on Delek US from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Friday, March 7th. Wells Fargo & Company decreased their price target on Delek US from $16.00 to $11.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 16th. Raymond James cut their price objective on shares of Delek US from $24.00 to $23.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Finally, Mizuho decreased their target price on shares of Delek US from $25.00 to $22.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $16.94.

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.