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 twelve months. There are currently 4 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1 year target prices for Delek US's shares. Their DK share price forecasts range from $21.00 to $49.00. On average, they expect the company's stock price to reach $31.42 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price.
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Delek US's stock was trading at $27.00 at the beginning of 2023. Since then, DK shares have decreased by 6.1% and is now trading at $25.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our DK earnings forecast.

Delek US will be holding an earnings conference call on Tuesday, February 28th at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Delek US Holdings, Inc. (NYSE:DK) announced its quarterly earnings data on Thursday, November, 4th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $2.48 billion. Delek US had a trailing twelve-month return on equity of 27.61% and a net margin of 1.77%. The company's revenue was up 43.3% compared to the same quarter last year. During the same period last year, the firm earned ($1.01) EPS.

Delek US announced 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 3.31%. 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 3.27%. 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 17.95% 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 many different institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.96%), Peregrine Capital Management LLC (0.37%), Empowered Funds LLC (0.24%), Allspring Global Investments Holdings LLC (0.17%), State of New Jersey Common Pension Fund D (0.10%) and Symmetry Investments LP (0.09%). Insiders that own company stock include Carl C Icahn, Delek Us Holdings, Inc, Nilah Staskus, 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 $25.34.

Delek US (NYSE:DK) has a market capitalization of $1.77 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.