Delek US (DK) Stock Forecast, Price & News

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.

10 equities 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 1.9% from the stock's current price.
View analysts price targets for DK or view top-rated stocks among Wall Street analysts.

Delek US's stock was trading at $27.00 at the beginning of 2023. Since then, DK stock has increased by 6.9% and is now trading at $28.86.
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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 short-interest ratio is presently 5.4 days. Approximately 10.7% of the company's shares 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) issued its quarterly earnings data on Monday, August, 7th. The oil and gas company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.26. The oil and gas company had revenue of $4.20 billion for 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 business'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 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 3.26%. The ex-dividend date of this dividend is Friday, August 11th. This is a positive change 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 3.16%.
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 number of retail and institutional investors. Top institutional investors 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 $28.86.

Delek US (NYSE:DK) has a market capitalization of $1.87 billion and generates $17.92 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.