Delek US (DK) Stock Forecast, Price & News

10 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, 5 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.

10 Wall Street research analysts have issued twelve-month price targets for Delek US's shares. Their DK share price forecasts range from $24.00 to $35.00. On average, they expect the company's share price to reach $29.40 in the next year. This suggests that the stock has a possible downside of 0.1%.
View analysts price targets for DK or view top-rated stocks among Wall Street analysts.

Delek US's stock was trading at $27.00 on January 1st, 2023. Since then, DK shares have increased by 9.0% and is now trading at $29.42.
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Delek US saw a drop in short interest during 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 daily trading volume, of 1,260,000 shares, the days-to-cover ratio is presently 5.4 days. Approximately 10.7% of the shares of the stock are short sold.
View Delek US's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our DK earnings forecast.

Delek US Holdings, Inc. (NYSE:DK) posted its earnings results on Monday, August, 7th. The oil and gas company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.74 by $0.26. The oil and gas company had revenue of $4.20 billion for the quarter, compared to analyst estimates 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%. Delek US's quarterly revenue was down 28.8% on a year-over-year basis. During the same period last year, the company earned $4.40 EPS.

Delek US announced a quarterly dividend on Friday, August 4th. Investors 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 annualized dividend and a yield of 3.20%. 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.

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).

Delek US (NYSE:DK) pays an annual dividend of $0.94 per share and currently has a dividend yield of 3.11%.
Read our dividend analysis for DK.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "DK."

Delek US's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.77%), State Street Corp (6.16%), Dimensional Fund Advisors LP (6.04%), Ion Asset Management Ltd. (4.83%), Victory Capital Management Inc. (4.02%) and Goldman Sachs Group Inc. (2.96%). Insiders that own company stock include Avigal Soreq, Carl C Icahn, Delek Us Holdings, Inc, Laurie Z Tolson, Nilah Staskus, Reuven Spiegel, Richard J Marcogliese and William J Finnerty.
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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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One share of DK stock can currently be purchased for approximately $29.42.

Delek US (NYSE:DK) has a market capitalization of $1.91 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.

The company employs 3,746 workers across the globe.

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.