NYSE:DK

Delek US (DK) Stock Forecast, Price & News

$28.40

-1.25 (-4.22%)

(As of 09/29/2023 ET)

Compare

Today's Range: $28.19
▼
$29.49
50-Day Range: $25.54
▼
$30.71
52-Week Range: $19.39
▼
$35.45

Volume: 2.29 million shs
Average Volume: 1.48 million shs
Market Capitalization: $1.84 billion

P/E Ratio: N/A
Dividend Yield: 3.31%
Price Target: $29.40

Delek US MarketRank™ Forecast

Analyst Rating: Reduce
1.70 Rating Score
Upside/Downside: 3.5% Upside
$29.40 Price Target
Short Interest: Bearish
10.83% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.68
Based on 4 Articles This Week
Insider Trading: Selling Shares
$72,009 Sold Last Quarter
Proj. Earnings Growth: -59.69%
From $4.59 to $1.85 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.42 out of 5 stars

Oils/Energy Sector

238th out of 247 stocks

Petroleum Refining Industry

16th out of 17 stocks

1.9

Analyst's Opinion

Consensus Rating
Delek US has received a consensus rating of Reduce. The company's average rating score is 1.70, and is based on 1 buy rating, 5 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.40, Delek US has a forecasted upside of 3.5% from its current price of $28.40.
Amount of Analyst Coverage
Delek US has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
10.83% of the float of Delek US has been sold short.
Short Interest Ratio / Days to Cover
Delek US has a short interest ratio ("days to cover") of 5.4.
Change versus previous month
Short interest in Delek US has recently increased by 0.88%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Delek US pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Delek US has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Delek US will have a dividend payout ratio of 50.81% next year. This indicates that Delek US will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DK.

2.0

News and Social Media Coverage

News Sentiment
Delek US has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Delek US this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for DK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
3 people have added Delek US to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Delek US insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $72,009.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Delek US is held by insiders.
Percentage Held by Institutions
97.01% of the stock of Delek US is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Delek US are expected to decrease by -59.69% in the coming year, from $4.59 to $1.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Delek US is -35.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Delek US is -35.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Delek US has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Delek US has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Delek US (NYSE:DK) Stock

Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. 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. It owns and operates refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany, Mississippi. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products, as well as disposes and recycles water for third parties. It owns or leases crude oil transportation pipelines, refined product pipelines, crude oil gathering systems, and associated crude oil storage tanks; and owns and operates light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases convenience store sites located primarily in West Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.

DK Price History

30 days | 90 days | 365 days | Advanced Chart

DK Stock News Headlines

September 29, 2023 | finance.yahoo.com

Delek US Holdings (DK): A Modestly Undervalued Gem in the Energy Sector

September 28, 2023 | finance.yahoo.com

Zacks.com featured highlights include CVR Energy, Delek US Holdings, Bread Financial, Dish Network and Cardinal Health

September 29, 2023 | Tradewins (Ad)

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September 22, 2023 | americanbankingnews.com

Raymond James Increases Delek US (NYSE:DK) Price Target to $34.00

September 22, 2023 | americanbankingnews.com

Delek US (NYSE:DK) Trading 2.7% Higher Following Analyst Upgrade

September 20, 2023 | markets.businessinsider.com

Raymond James Maintains Outperform Rating for Delek US Hldgs: Here's What You Need To Know

September 19, 2023 | americanbankingnews.com

Delek US (NYSE:DK) PT Raised to $33.00

September 19, 2023 | americanbankingnews.com

Bank of America Raises Delek US (NYSE:DK) Price Target to $35.00

September 29, 2023 | Tradewins (Ad)

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September 19, 2023 | americanbankingnews.com

Delek US Holdings, Inc. (NYSE:DK) Receives Consensus Rating of "Reduce" from Analysts

September 19, 2023 | americanbankingnews.com

Delek US (NYSE:DK) Shares Gap Up Following Analyst Upgrade

September 18, 2023 | finance.yahoo.com

Delek US Holdings (DK): An In-Depth Look at Its Modest Undervaluation

September 13, 2023 | finance.yahoo.com

5 Broker-Friendly Stocks to Watch as Uncertainty Prevails

September 8, 2023 | markets.businessinsider.com

What 7 Analyst Ratings Have To Say About Delek US Hldgs

September 8, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Sell Rating on Delek US Holdings (DK)

September 7, 2023 | finance.yahoo.com

Delek US Holdings (DK): A Closer Look at Its Valuation

September 6, 2023 | finance.yahoo.com

Delek US Holdings (DK) Down 0.3% Since Last Earnings Report: Can It Rebound?

September 5, 2023 | finance.yahoo.com

Delek US Holdings Inc's Meteoric Rise: Unpacking the 27% Surge in Just 3 Months

September 1, 2023 | gurufocus.com

What's Driving Delek US Holdings Inc's Surprising 26% Stock Rally?

August 31, 2023 | msn.com

Delek US Holdings (DK) Price Target Increased by 5.48% to 29.77

August 15, 2023 | msn.com

B of A Securities Maintains Delek US Holdings (DK) Neutral Recommendation

August 11, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Fluence Energy (FLNC) and Delek US Holdings (DK)

August 11, 2023 | msn.com

Delek US Holdings (DK) Declares $0.24 Dividend

August 10, 2023 | finance.yahoo.com

Delek US Holdings' (NYSE:DK) Upcoming Dividend Will Be Larger Than Last Year's

August 10, 2023 | seekingalpha.com

Delek US Holdings' Q2 Report Fuels Uncertainty

August 9, 2023 | finance.yahoo.com

Delek US Holdings, Inc. (NYSE:DK) Q2 2023 Earnings Call Transcript

August 8, 2023 | finance.yahoo.com

Delek US Holdings Reports Second Quarter 2023 Results and Raises Quarterly Dividend

See More Headlines

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DK Company Calendar

Last Earnings: 8/07/2023
Ex-Dividend for 8/21 Dividend: 8/11/2023
Dividend Payable: 8/21/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Petroleum refining
Sub-Industry: Oil & Gas Refining & Marketing
Sector: Oils/Energy
Current Symbol: NYSE:DK
CUSIP: 24664710
CIK: 1694426
Web: www.delekus.com
Phone: (615) 771-6701
Fax: N/A
Employees: 3,746
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $29.40
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $24.00
Forecasted Upside/Downside: +3.7%
Consensus Rating: Reduce
Rating Score (0-4): 1.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.18
P/E Growth: 1.23
Net Income: $257.10 million
Net Margins: -0.31%
Pretax Margin: -0.28%
Return on Equity: 19.37%
Return on Assets: 2.73%

Debt

Debt-to-Equity Ratio: 2.60
Current Ratio: 1.10
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $20.25 billion
Price / Sales: 0.09
Cash Flow: $11.29 per share
Price / Cash Flow: 2.51
Book Value: $15.35 per share
Price / Book: 1.85

Miscellaneous

Outstanding Shares: 64,820,000
Free Float: 63,651,000
Market Cap: $1.84 billion
Optionable: Optionable
Beta: 1.46

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Key Executives

Mr. Ezra Uzi Yemin (Age 55)
Exec. Chairman
Comp: $3.19M

Mr. Avigal Soreq (Age 45)
Pres, CEO & Director
Comp: $2.61M

Mr. Reuven Avraham Spiegel (Age 67)
Exec. VP & CFO
Comp: $1.19M

Ms. Denise Clark McWatters (Age 63)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $927.7k

Mr. Todd O'Malley (Age 49)
Exec. Officer
Comp: $1.94M

Mr. Joseph Israel (Age 51)
Exec. VP of Operations

Mr. Robert Wright (Age 39)
VP, Corp. Controller & Principal Accounting Officer

Mr. Ido Biger
Exec. VP, CTO & Chief Data Officer

Ms. Rosy Zuklic (Age 49)
Head of Investor Relations

Mr. Michael P. Ralsky
VP of Gov. Affairs, Public Affairs & Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DK Stock - Frequently Asked Questions

Should I buy or sell Delek US stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last year. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DK shares.
View DK analyst ratings or view top-rated stocks.
What is Delek US's stock price forecast for 2023?: 10 Wall Street research analysts have issued 1-year price targets for Delek US's stock. Their DK share price forecasts range from $24.00 to $35.00. On average, they anticipate the company's stock price to reach $29.40 in the next year. This suggests a possible upside of 3.7% from the stock's current price.
View analysts price targets for DK or view top-rated stocks among Wall Street analysts.
How have DK shares performed in 2023?: Delek US's stock was trading at $27.00 at the beginning of 2023. Since then, DK stock has increased by 5.0% and is now trading at $28.35.
View the best growth stocks for 2023 here.
Are investors shorting Delek US?: Delek US saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,780,000 shares, a drop of 8.4% from the August 15th total of 7,400,000 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is presently 5.4 days. Currently, 10.7% of the company's shares are sold short.
View Delek US's Short Interest.
When is Delek US's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our DK earnings forecast.
How were Delek US's earnings last quarter?: Delek US Holdings, Inc. (NYSE:DK) announced its quarterly earnings results on Monday, August, 7th. The oil and gas company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.26. The oil and gas company earned $4.20 billion during the quarter, compared to analysts' expectations of $3.26 billion. Delek US had a negative net margin of 0.31% and a positive trailing twelve-month return on equity of 19.37%. The company's quarterly revenue was down 28.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.40 earnings per share.
How often does Delek US pay dividends? What is the dividend yield for Delek US?: Delek US announced a quarterly dividend on Friday, August 4th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.235 per share on Monday, August 21st. This represents a $0.94 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date of this dividend is Friday, August 11th. This is a boost from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for DK.
What ETFs hold Delek US's stock?: 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).

Is Delek US a good dividend stock?: Delek US (NYSE:DK) pays an annual dividend of $0.94 per share and currently has a dividend yield of 3.21%.
Read our dividend analysis for DK.
What is Ezra Uzi Yemin's approval rating as Delek US's CEO?: 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.
What other stocks do shareholders of Delek US own?: 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).
What is Delek US's stock symbol?: Delek US trades on the New York Stock Exchange (NYSE) under the ticker symbol "DK."
How do I buy shares of Delek US?: 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.
Compare Top Brokerages Here.
What is Delek US's stock price today?: One share of DK stock can currently be purchased for approximately $28.35.
How much money does Delek US make?: Delek US (NYSE:DK) has a market capitalization of $1.84 billion and generates $20.25 billion in revenue each year. The oil and gas company earns $257.10 million in net income (profit) each year or ($0.81) on an earnings per share basis.
How many employees does Delek US have?: The company employs 3,746 workers across the globe.
How can I contact Delek US?: Delek US's mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The official website for the company is www.delekus.com. The oil and gas company can be reached via phone at (615) 771-6701 or via email at investor.relations@delekus.com.

This page (NYSE:DK) was last updated on 9/29/2023 by MarketBeat.com Staff

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Delek US (DK) Stock Forecast, Price & News

Delek US MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Delek US (NYSE:DK) Stock

DK Price History

DK Stock News Headlines

DK Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

DK Stock - Frequently Asked Questions

Overall MarketRank^™