Zacks Research Weighs in on Delek US's Q1 Earnings (NYSE:DK)

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Stock analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Delek US in a research report issued to clients and investors on Wednesday, June 18th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of ($1.22) per share for the quarter, down from their previous forecast of ($0.90). The consensus estimate for Delek US's current full-year earnings is ($5.50) per share. Zacks Research also issued estimates for Delek US's Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.40) EPS, Q4 2026 earnings at ($0.63) EPS, FY2026 earnings at ($2.35) EPS, Q1 2027 earnings at ($0.06) EPS and FY2027 earnings at ($1.09) EPS.

Several other equities analysts have also weighed in on DK. Wells Fargo & Company lifted their price objective on Delek US from $11.00 to $15.00 and gave the company an "underweight" rating in a research note on Wednesday, June 11th. UBS Group reduced their price objective on Delek US from $21.00 to $13.25 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Scotiabank reduced their price objective on Delek US from $24.00 to $14.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. Raymond James Financial reduced their price objective on Delek US from $24.00 to $23.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Finally, The Goldman Sachs Group lifted their price objective on Delek US from $15.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $17.60.

Delek US Stock Performance

NYSE DK opened at $21.75 on Monday. The firm has a market capitalization of $1.32 billion, a P/E ratio of -1.96 and a beta of 0.96. Delek US has a 1-year low of $11.03 and a 1-year high of $25.68. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.85 and a quick ratio of 0.53. The business's 50-day simple moving average is $17.05 and its 200-day simple moving average is $16.93.

Delek US (NYSE:DK - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported ($2.32) EPS for the quarter, missing the consensus estimate of ($2.27) by ($0.05). The business had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.56 billion. Delek US had a negative net margin of 6.10% and a negative return on equity of 63.88%. The firm's quarterly revenue was down 18.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.41) EPS.

Hedge Funds Weigh In On Delek US

A number of institutional investors have recently made changes to their positions in the business. Rafferty Asset Management LLC raised its position in shares of Delek US by 0.7% in the 4th quarter. Rafferty Asset Management LLC now owns 114,701 shares of the oil and gas company's stock valued at $2,122,000 after purchasing an additional 797 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Delek US by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,190 shares of the oil and gas company's stock valued at $560,000 after purchasing an additional 1,102 shares in the last quarter. CWM LLC raised its position in shares of Delek US by 100.9% in the 1st quarter. CWM LLC now owns 2,318 shares of the oil and gas company's stock valued at $35,000 after purchasing an additional 1,164 shares in the last quarter. Sei Investments Co. raised its position in shares of Delek US by 2.3% in the 4th quarter. Sei Investments Co. now owns 52,595 shares of the oil and gas company's stock valued at $973,000 after purchasing an additional 1,192 shares in the last quarter. Finally, Sterling Capital Management LLC raised its position in shares of Delek US by 728.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,491 shares of the oil and gas company's stock valued at $28,000 after purchasing an additional 1,311 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Delek US Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Monday, May 12th were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date was Monday, May 12th. Delek US's payout ratio is -9.18%.

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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