What is Zacks Research's Estimate for Delek US Q2 Earnings?

Key Points

• Zacks Research analysts have increased their Q2 2026 earnings per share estimate for Delek US to $0.23, up from $0.16, despite the full-year consensus still being negative at ($5.50) per share.
• Several other firms have changed their ratings on Delek US, with Wolfe Research upgrading it to "outperform" and setting a target price of $40, while UBS increased its target price from $24 to $29.
• The company's CFO recently sold a portion of his shares, reducing his ownership by 12.87%, which coincides with Delek US's challenging earnings performance and negative return on equity.

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Stock analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for Delek US in a research report issued on Thursday, September 4th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings per share of $0.23 for the quarter, up from their previous estimate of $0.16. The consensus estimate for Delek US's current full-year earnings is ($5.50) per share.

Delek US (NYSE:DK - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The oil and gas company reported ($0.56) EPS for the quarter, topping the consensus estimate of ($0.92) by $0.36. Delek US had a negative return on equity of 79.27% and a negative net margin of 7.11%.The company had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the business posted ($0.92) earnings per share. The firm's revenue was down 16.4% on a year-over-year basis.

DK has been the subject of several other research reports. Raymond James Financial boosted their target price on Delek US from $23.00 to $28.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. The Goldman Sachs Group boosted their price target on Delek US from $15.00 to $17.00 and gave the company a "neutral" rating in a report on Friday, May 23rd. TD Cowen lowered their price target on Delek US from $18.00 to $15.00 and set a "sell" rating for the company in a report on Friday, August 8th. Morgan Stanley boosted their price target on Delek US from $15.00 to $19.00 and gave the company an "underweight" rating in a report on Wednesday, July 16th. Finally, UBS Group boosted their price target on Delek US from $24.00 to $29.00 and gave the company a "neutral" rating in a report on Tuesday, September 2nd. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and an average price target of $23.77.

Delek US Trading Down 2.0%

Shares of NYSE:DK traded down $0.63 during trading hours on Friday, hitting $31.29. 1,803,794 shares of the company's stock traded hands, compared to its average volume of 2,270,201. Delek US has a 1 year low of $11.02 and a 1 year high of $32.48. The business has a fifty day moving average price of $24.23 and a 200-day moving average price of $19.12. The firm has a market capitalization of $1.88 billion, a P/E ratio of -2.55 and a beta of 1.09. The company has a debt-to-equity ratio of 10.48, a current ratio of 0.80 and a quick ratio of 0.50.

Hedge Funds Weigh In On Delek US

Hedge funds have recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Delek US by 238.1% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750,319 shares of the oil and gas company's stock valued at $11,307,000 after acquiring an additional 528,400 shares during the period. T. Rowe Price Investment Management Inc. acquired a new position in shares of Delek US in the 1st quarter valued at $13,728,000. Nisa Investment Advisors LLC increased its position in shares of Delek US by 1,548.4% in the 1st quarter. Nisa Investment Advisors LLC now owns 13,270 shares of the oil and gas company's stock valued at $200,000 after acquiring an additional 12,465 shares during the period. Farther Finance Advisors LLC increased its position in shares of Delek US by 77.4% in the 1st quarter. Farther Finance Advisors LLC now owns 7,118 shares of the oil and gas company's stock valued at $110,000 after acquiring an additional 3,105 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in Delek US during the 1st quarter worth about $305,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Delek US

In other news, CFO Robert G. Wright sold 7,135 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $29.24, for a total transaction of $208,627.40. Following the completion of the sale, the chief financial officer owned 48,294 shares in the company, valued at approximately $1,412,116.56. This represents a 12.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.90% of the company's stock.

Delek US Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 18th. Shareholders of record on Monday, August 11th were issued a dividend of $0.255 per share. The ex-dividend date was Monday, August 11th. This represents a $1.02 dividend on an annualized basis and a yield of 3.3%. Delek US's dividend payout ratio is currently -8.30%.

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.