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 2 sell ratings, 4 hold ratings and 4 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.
View DK analyst ratings or view top-rated stocks.

10 brokers have issued 1 year price objectives for Delek US's shares. Their DK share price forecasts range from $19.00 to $50.00. On average, they predict the company's share price to reach $33.50 in the next twelve months. 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 beginning of 2022. Since then, DK shares have increased by 77.0% and is now trading at $26.53.
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Delek US saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 5,860,000 shares, a decrease of 17.7% from the October 31st total of 7,120,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the short-interest ratio is presently 4.3 days. Approximately 8.6% of the company's stock are sold short.
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) issued its earnings results 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 earned $2.96 billion during the quarter, compared to the consensus estimate of $2.48 billion. Delek US had a trailing twelve-month return on equity of 27.61% and a net margin of 1.77%. Delek US's revenue for the quarter was up 43.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.01) EPS.

Delek US declared a quarterly dividend on Tuesday, November 1st. Shareholders 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 of this dividend is Thursday, November 17th. This is a positive change 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 16.54% 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 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.
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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 $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.