Delek US - DK Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DK, but not buy additional shares or sell existing shares.
View DK analyst ratings or view top-rated stocks.

10 brokers have issued 1-year price targets for Delek US's stock. Their DK share price forecasts range from $19.00 to $50.00. On average, they expect the company's stock price to reach $33.50 in the next year. This suggests a possible upside of 26.3% 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 $14.99 at the start of the year. Since then, DK stock has increased by 77.0% and is now trading at $26.53.
View the best growth stocks for 2022 here.

Delek US saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 5,860,000 shares, a drop of 17.7% from the October 31st total of 7,120,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 8.6% 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 Wednesday, February 22nd 2023.
View our DK earnings forecast.

Delek US Holdings, Inc. (NYSE:DK) posted its quarterly earnings data on Thursday, November, 4th. The oil and gas company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.34) by $0.47. The oil and gas company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.48 billion. Delek US had a net margin of 1.77% and a trailing twelve-month return on equity of 27.61%. The firm's revenue for the quarter was up 43.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.01) earnings per share.

Delek US declared a quarterly dividend on Tuesday, November 1st. Investors of record on Friday, November 18th will be paid a dividend of $0.21 per share on Friday, December 2nd. This represents a $0.84 annualized dividend and a yield of 3.17%. The ex-dividend date is Thursday, November 17th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for DK.

Delek US (NYSE:DK) pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.12%. The dividend payout ratio is 17.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DK will have a dividend payout ratio of 15.44% next year. This indicates that the company will be able to sustain or increase its dividend.
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 shareholders include Vanguard Group Inc. (11.46%), BlackRock Inc. (7.81%), State Street Corp (6.38%), Dimensional Fund Advisors LP (4.99%), Victory Capital Management Inc. (3.51%) and Ion Asset Management Ltd. (2.56%). Insiders that own company stock include Carl C Icahn, Delek Us Holdings, Inc, Nilah Staskus, Richard J Marcogliese and William J Finnerty.
View institutional ownership trends.

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.

One share of DK stock can currently be purchased for approximately $26.53.

Delek US (NYSE:DK) has a market capitalization of $1.85 billion and generates $10.65 billion in revenue each year. The oil and gas company earns $-203,500,000.00 in net income (profit) each year or $4.67 on an earnings per share basis.

The company employs 3,312 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.