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 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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.
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10 Wall Street research analysts have issued 12-month price targets for Delek US's shares. Their DK share price forecasts range from $19.00 to $49.00. On average, they expect the company's share price to reach $31.92 in the next twelve months. This suggests a possible upside of 18.4% 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 beginning of the year. Since then, DK stock has increased by 79.9% and is now trading at $26.96.
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Delek US saw a increase in short interest in September. As of September 15th, there was short interest totaling 6,130,000 shares, an increase of 16.8% from the August 31st total of 5,250,000 shares. Based on an average trading volume of 1,470,000 shares, the short-interest ratio is currently 4.2 days. Currently, 8.8% of the company's shares are sold short.
View Delek US's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our DK earnings forecast.

Delek US will be holding an earnings conference call on Monday, November 7th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Delek US Holdings, Inc. (NYSE:DK) announced its earnings results on Thursday, August, 4th. The oil and gas company reported $4.40 EPS for the quarter, topping analysts' consensus estimates of $2.47 by $1.93. The oil and gas company had revenue of $5.98 billion for the quarter, compared to analyst estimates of $4.09 billion. Delek US had a trailing twelve-month return on equity of 30.44% and a net margin of 2.09%. The business's revenue for the quarter was up 173.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.88) EPS.

Delek US declared a quarterly dividend on Monday, August 1st. Stockholders of record on Monday, August 22nd will be given a dividend of $0.20 per share on Tuesday, September 6th. This represents a $0.80 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Friday, August 19th.
Read our dividend analysis for DK.

Delek US (NYSE:DK) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 16.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DK will have a dividend payout ratio of 18.52% 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."

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 $26.96.

Delek US (NYSE:DK) has a market capitalization of $1.92 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 $4.81 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.