Delek US (DK) Stock Price, News & Analysis

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DK shares.
View DK analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 12 month target prices for Delek US's shares. Their DK share price targets range from $24.00 to $32.00. On average, they expect the company's stock price to reach $28.56 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
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Delek US's stock was trading at $25.80 at the beginning of 2024. Since then, DK stock has increased by 20.0% and is now trading at $30.95.
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Delek US saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 8,060,000 shares, an increase of 8.8% from the February 29th total of 7,410,000 shares. Based on an average daily volume of 1,000,000 shares, the days-to-cover ratio is presently 8.1 days. Approximately 13.0% of the shares of the stock are sold short.
View Delek US's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our DK earnings forecast.

Delek US will be holding an earnings conference call on Tuesday, May 7th at 12:30 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 results on Tuesday, February, 27th. The oil and gas company reported ($1.46) EPS for the quarter, missing the consensus estimate of ($1.28) by $0.18. The oil and gas company earned $4.05 billion during the quarter, compared to analysts' expectations of $3.55 billion. Delek US had a net margin of 0.12% and a trailing twelve-month return on equity of 18.27%. The company's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 earnings per share.

Delek US declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Friday, March 1st will be given a dividend of $0.245 per share on Friday, March 8th. This represents a $0.98 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for DK.

Delek US (NYSE:DK) pays an annual dividend of $0.98 per share and currently has a dividend yield of 3.10%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 445.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DK will have a dividend payout ratio of 138.03% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DK.

ETFs with the largest weight of Delek US (NYSE:DK) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), Formidable ETF (FORH), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), VanEck Oil Refiners ETF (CRAK), EA Bridgeway Omni Small-Cap Value ETF (BSVO), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), Small Cap US Equity Select ETF (RNSC) and First Trust Small Cap Core AlphaDEX Fund (FYX).

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's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include International Assets Investment Management LLC (0.06%) and Counterpoint Mutual Funds LLC (0.01%). Insiders that own company stock include Avigal Soreq, Carl C Icahn, Delek Us Holdings, Inc, Laurie Z Tolson, Nilah Staskus, Reuven Spiegel and Robert G Wright.
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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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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