Zacks Research Has Positive Outlook of Delek US Q3 Earnings

Key Points

• Analysts at Zacks Research have increased their Q3 2026 earnings per share estimate for Delek US from $0.02 to $0.03, indicating a more positive outlook for the oil and gas company.
• Despite this optimistic revision, the consensus estimate for the company's current full-year earnings remains at a negative ($5.50) per share.
• Delek US has received mixed ratings from investment analysts, with one Strong Buy, three Buy, nine Hold, and two Sell ratings, resulting in a consensus rating of "Hold" with a price target of $32.15.

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Analysts at Zacks Research increased their Q3 2026 EPS estimates for shares of Delek US in a research report issued on Friday, October 17th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of $0.03 for the quarter, up from their previous forecast of $0.02. The consensus estimate for Delek US's current full-year earnings is ($5.50) per share.

Several other research firms also recently commented on DK. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Delek US in a research note on Wednesday, October 8th. Raymond James Financial raised their price target on shares of Delek US from $33.00 to $37.00 and gave the stock an "outperform" rating in a research note on Friday. The Goldman Sachs Group raised their price target on shares of Delek US from $25.00 to $28.00 and gave the stock a "neutral" rating in a research note on Monday, September 15th. TD Cowen raised shares of Delek US from a "sell" rating to a "hold" rating and raised their price target for the stock from $15.00 to $28.00 in a research note on Friday, September 19th. Finally, Cowen raised shares of Delek US from a "sell" rating to a "hold" rating in a research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Delek US presently has a consensus rating of "Hold" and a consensus price target of $32.15.

Delek US Trading Up 2.4%

DK stock opened at $33.82 on Monday. The company has a market capitalization of $2.03 billion, a PE ratio of -2.75 and a beta of 1.01. Delek US has a 12 month low of $11.02 and a 12 month high of $35.96. The firm's 50-day moving average is $29.48 and its 200 day moving average is $22.59. The company has a debt-to-equity ratio of 10.48, a current ratio of 0.80 and a quick ratio of 0.50.

Delek US (NYSE:DK - Get Free Report) last posted its quarterly earnings results on Tuesday, December 6th. The oil and gas company reported $0.05 EPS for the quarter. The company had revenue of $2.96 billion for the quarter. Delek US had a negative net margin of 7.11% and a negative return on equity of 79.27%.

Delek US Dividend Announcement

The firm 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. This represents a $1.02 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, August 11th. Delek US's dividend payout ratio is presently -8.30%.

Insider Transactions at Delek US

In other Delek US news, CFO Robert G. Wright sold 7,135 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $29.24, for a total transaction of $208,627.40. Following the transaction, the chief financial officer directly owned 48,294 shares in the company, valued at $1,412,116.56. This represents a 12.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Institutional Trading of Delek US

A number of institutional investors have recently modified their holdings of DK. GAMMA Investing LLC boosted its holdings in shares of Delek US by 907.0% in the 1st quarter. GAMMA Investing LLC now owns 4,159 shares of the oil and gas company's stock valued at $63,000 after buying an additional 3,746 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings 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 buying an additional 3,105 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Delek US in the 1st quarter valued at about $4,144,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Delek US in the 1st quarter valued at about $47,000. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its holdings 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 buying an additional 528,400 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

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.

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