Delek US Stock Price, News & Analysis (NYSE:DK)

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last twelve months. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" DK shares.
View DK analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 1 year price objectives for Delek US's stock. Their DK share price targets range from $23.00 to $35.00. On average, they expect the company's share price to reach $27.78 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
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Delek US's stock was trading at $27.00 at the beginning of the year. Since then, DK stock has decreased by 5.2% and is now trading at $25.60.
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Delek US saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 8,410,000 shares, an increase of 12.3% from the October 15th total of 7,490,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the short-interest ratio is presently 6.3 days. Approximately 13.3% of the shares of the company are short sold.
View Delek US's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our DK earnings forecast.

Delek US Holdings, Inc. (NYSE:DK) announced its quarterly earnings data on Tuesday, November, 7th. The oil and gas company reported $2.02 EPS for the quarter, topping the consensus estimate of $1.36 by $0.66. The oil and gas company earned $4.75 billion during the quarter, compared to analysts' expectations of $3.62 billion. Delek US had a net margin of 0.38% and a trailing twelve-month return on equity of 31.77%. The company's revenue was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.02 EPS.

Delek US announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Monday, November 13th will be given a dividend of $0.24 per share on Monday, November 20th. This represents a $0.96 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Friday, November 10th. This is a boost from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for DK.

Delek US (NYSE:DK) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 90.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DK will have a dividend payout ratio of 48.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DK.

ETFs with the largest weight of Delek US (NYSE:DK) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Formidable ETF (FORH), VanEck Oil Refiners ETF (CRAK), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and First Trust Small Cap Core AlphaDEX Fund (FYX).iShares U.S. Oil & Gas Exploration & Production ETF (IEO).

75 employees have rated Delek US Chief Executive Officer Ezra Uzi Yemin on Glassdoor.com. Ezra Uzi Yemin has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Delek US investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), JPMorgan Chase & Co. (JPM), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Netflix (NFLX), Applied Materials (AMAT) and Boeing (BA).

Delek US's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.07%), Morgan Stanley (2.35%), FMR LLC (1.77%), Barclays PLC (1.71%), Nomura Holdings Inc. (0.00%) and Northern Trust Corp (1.20%). Insiders that own company stock include Avigal Soreq, Carl C Icahn, Delek Us Holdings, Inc, Laurie Z Tolson, Nilah Staskus, Reuven Spiegel and Richard J Marcogliese.
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Shares of DK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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