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

$35.49
-0.90 (-2.47 %)
(As of 11/17/2019 11:59 AM ET)
Today's Range
$35.35
Now: $35.49
$36.90
50-Day Range
$34.59
MA: $37.50
$40.71
52-Week Range
$29.51
Now: $35.49
$44.08
Volume967,398 shs
Average Volume1.26 million shs
Market Capitalization$2.63 billion
P/E Ratio7.39
Dividend Yield3.16%
Beta1.68
Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company's Refining segment processes crude oil and other purchased feedstocks 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 terminals. Read More…

Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
CUSIP24664710
Phone615-771-6701

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.17 billion
Cash Flow$7.24 per share
Book Value$25.10 per share

Profitability

Net Income$340.10 million

Miscellaneous

Employees3,717
Market Cap$2.63 billion
Next Earnings Date2/18/2020 (Estimated)
OptionableOptionable

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Delek US (NYSE:DK) Frequently Asked Questions

What is Delek US's stock symbol?

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

How often does Delek US pay dividends? What is the dividend yield for Delek US?

Delek US declared a quarterly dividend on Monday, November 4th. Investors of record on Monday, November 18th will be given a dividend of $0.30 per share on Monday, December 2nd. This represents a $1.20 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Friday, November 15th. This is an increase from Delek US's previous quarterly dividend of $0.29. View Delek US's Dividend History.

How will Delek US's stock buyback program work?

Delek US announced that its board has approved a stock buyback plan on Tuesday, February 27th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Delek US's earnings last quarter?

Delek US Holdings Inc (NYSE:DK) posted its earnings results on Monday, November, 4th. The oil and gas company reported $0.78 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.68 by $0.10. The oil and gas company earned $2.33 billion during the quarter, compared to the consensus estimate of $2.40 billion. Delek US had a net margin of 4.24% and a return on equity of 21.48%. The business's quarterly revenue was down 15.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.02 earnings per share. View Delek US's Earnings History.

When is Delek US's next earnings date?

Delek US is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Delek US.

What price target have analysts set for DK?

12 brokerages have issued 1-year target prices for Delek US's shares. Their forecasts range from $32.92 to $60.00. On average, they anticipate Delek US's stock price to reach $43.49 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price. View Analyst Price Targets for Delek US.

What is the consensus analysts' recommendation for Delek US?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last year. There are currently 1 sell rating, 7 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Delek US.

What are Wall Street analysts saying about Delek US stock?

Here are some recent quotes from research analysts about Delek US stock:
  • 1. Barclays PLC analysts commented, "We think DK’s 4Q18 results will have a neutral impact on the shares’ near-term performance. While adjusted EPS of $1.59 beat consensus of $1.25 and our $1.38 estimate, driven by stronger-than-expected throughput volume, we believe this was largely priced in headed into the print following stellar 4Q18 results for the other refiners (before the release, DK shares were +7% since the beginning of refining earnings season vs. peers +1%). However, while the quarter alone was nothing to get too excited about, in our opinion, Delek did send several key messages that were viewed positively and sent the shares another 6-7% higher on Wednesday (vs. peers +1%)." (2/21/2019)
  • 2. According to Zacks Investment Research, "Taking into account a host of issues, the investment thesis on Delek US Holdings is recalibrated to a 'Sell'. The downstream operator has seen refining margin weakness clip segment profits and cut into overall gains from wider Midland discount versus Cushing. There are also apprehensions that the company's small size prevents it from taking advantage of economies of scale and better infrastructure networks of the larger refiners, while the cost of complying with the cleaner gasoline production rules continues to be a concern. Moreover, Delek’s operating expenses are on rise, which can hamper its profit levels. Given these headwinds, Delek appears to be a risky bet that ordinary investors should exit." (1/21/2019)

Has Delek US been receiving favorable news coverage?

Media stories about DK stock have been trending very negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Delek US earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Delek US.

Are investors shorting Delek US?

Delek US saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 5,000,000 shares, a decrease of 12.6% from the September 15th total of 5,720,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 6.7% of the company's shares are short sold. View Delek US's Current Options Chain.

Who are some of Delek US's key competitors?

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), Netflix (NFLX), Applied Materials (AMAT), Adobe (ADBE), Align Technology (ALGN), Boeing (BA), JPMorgan Chase & Co. (JPM) and UnitedHealth Group (UNH).

Who are Delek US's key executives?

Delek US's management team includes the folowing people:
  • Mr. Ezra Uzi Yemin, Chairman, Pres & CEO (Age 51)
  • Mr. Assaf Ginzburg, Exec. VP & CFO (Age 44)
  • Mr. Frederec Charles Green, Exec. VP & COO (Age 54)
  • Mr. Avigal Soreq, Exec. VP & Chief Commercial Officer (Age 41)
  • Keith Johnson, VP of Investor Relations

Who are Delek US's major shareholders?

Delek US's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Menora Mivtachim Holdings LTD. (3.37%), Fisher Asset Management LLC (1.39%), Copeland Capital Management LLC (0.81%), First Trust Advisors LP (0.75%), Systematic Financial Management LP (0.54%) and Harel Insurance Investments & Financial Services Ltd. (0.42%). Company insiders that own Delek US stock include Anthony L Miller, Assi Ginzburg, Avigal Soreq, Carlos E Jorda, Daniel L Gordon, David Wiessman, Donald Norman Holmes, Ernest C Cagle, Frederec Green, Jared Serff, Kevin L Kremke, Louis Labella, Mark T Page, Shlomo Zohar and William J Finnerty. View Institutional Ownership Trends for Delek US.

Which major investors are selling Delek US stock?

DK stock was sold by a variety of institutional investors in the last quarter, including Menora Mivtachim Holdings LTD., Russell Investments Group Ltd., Tygh Capital Management Inc., SG Americas Securities LLC, Chicago Equity Partners LLC, Emerald Advisers LLC, Convergence Investment Partners LLC and Commonwealth Equity Services LLC. Company insiders that have sold Delek US company stock in the last year include Assi Ginzburg, Avigal Soreq, Frederec Green and Louis Labella. View Insider Buying and Selling for Delek US.

Which major investors are buying Delek US stock?

DK stock was bought by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Robeco Institutional Asset Management B.V., Copeland Capital Management LLC, Peregrine Capital Management LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Teacher Retirement System of Texas and California Public Employees Retirement System. View Insider Buying and Selling for Delek US.

How do I buy shares of Delek US?

Shares of DK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Delek US's stock price today?

One share of DK stock can currently be purchased for approximately $35.49.

How big of a company is Delek US?

Delek US has a market capitalization of $2.63 billion and generates $10.17 billion in revenue each year. The oil and gas company earns $340.10 million in net income (profit) each year or $4.80 on an earnings per share basis. Delek US employs 3,717 workers across the globe.View Additional Information About Delek US.

What is Delek US's official website?

The official website for Delek US is http://www.delekus.com/.

How can I contact Delek US?

Delek US's mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The oil and gas company can be reached via phone at 615-771-6701 or via email at [email protected]


MarketBeat Community Rating for Delek US (NYSE DK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  549 (Vote Outperform)
Underperform Votes:  523 (Vote Underperform)
Total Votes:  1,072
MarketBeat's community ratings are surveys of what our community members think about Delek US and other stocks. Vote "Outperform" if you believe DK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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