NYSE:DKL Delek Logistics Partners (DKL) Stock Forecast, Price & News $54.86 +1.05 (+1.95%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$53.22▼$55.1450-Day Range$41.95▼$55.9752-Week Range$41.80▼$64.46Volume16,179 shsAverage Volume36,475 shsMarket Capitalization$2.39 billionP/E Ratio15.20Dividend Yield7.47%Price Target$48.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Delek Logistics Partners MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.5% Downside$48.00 Price TargetShort InterestHealthy4.55% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth26.65%From $3.79 to $4.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsOils/Energy Sector145th out of 248 stocksPipelines, Except Natural Gas Industry5th out of 11 stocks 1.0 Analyst's Opinion Consensus RatingDelek Logistics Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.00, Delek Logistics Partners has a forecasted downside of 12.5% from its current price of $54.86.Amount of Analyst CoverageDelek Logistics Partners has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.55% of the float of Delek Logistics Partners has been sold short.Short Interest Ratio / Days to CoverDelek Logistics Partners has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.Change versus previous monthShort interest in Delek Logistics Partners has recently decreased by 5.60%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDelek Logistics Partners is a leading dividend payer. It pays a dividend yield of 7.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDelek Logistics Partners has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Delek Logistics Partners is 113.57%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Delek Logistics Partners will have a dividend payout ratio of 85.42% in the coming year. This indicates that Delek Logistics Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DKL. Previous Next 3.2 News and Social Media Coverage News SentimentDelek Logistics Partners has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Delek Logistics Partners this week, compared to 1 article on an average week.Search Interest2 people have searched for DKL on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added Delek Logistics Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Delek Logistics Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Delek Logistics Partners is held by insiders.Percentage Held by InstitutionsOnly 12.39% of the stock of Delek Logistics Partners is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Delek Logistics Partners are expected to grow by 26.65% in the coming year, from $3.79 to $4.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Delek Logistics Partners is 15.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Delek Logistics Partners is 15.20, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.75. Previous Next See Top Rated MarketRank™ Stocks Here About Delek Logistics Partners (NYSE:DKL) StockDelek Logistics Partners LP owns and operates logistics and marketing assets for crude oil, intermediate, and refined products. The firm gathers, transports, and stores crude oil. It also markets, distributes, transports, and stores refined products. It operates through the following segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation segment consists of crude oil transportation pipelines, refined product pipelines, crude oil gathering system, and associated crude oil storage tanks. The Wholesale Marketing and Terminalling segment provides marketing services for refined products output of the Tyler Refinery and the Big Spring Refinery. It also engages in wholesale activity at the Abilene and San Angelo, Texas terminals, as well as at terminals owned by third parties, whereby the firm purchases light products for sale and exchange to third parties. It is also involved in providing terminalling services to independent third parties and Delek Holdings. The Investments in Pipeline Joint Ventures segment owns a portion of three joint ventures that have constructed separate crude oil piRead More Receive DKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Delek Logistics Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address DKL Stock News HeadlinesJune 8, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Upgraded by StockNews.com to HoldJune 1, 2023 | americanbankingnews.comStockNews.com Lowers Delek Logistics Partners (NYSE:DKL) to SellJune 8, 2023 | Behind the Markets (Ad)Our #1 Laser Stock for MayThe Pentagon calls laser weapons "the future." This small cap just won a $1.65 billion contract to make them. See why this stock could soar 2,476% >>>May 23, 2023 | markets.businessinsider.comDelek Logistics (DKL) Gets a Hold from CitiMay 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Delek Logistics Partners (NYSE:DKL)May 18, 2023 | americanbankingnews.comDelek Logistics Partners, LP (NYSE:DKL) Sees Significant Drop in Short InterestMay 15, 2023 | incomeinvestors.comDelek Logistics Stock: 9.3%-Yielder Reports Record Q1 Results & Hikes DividendMay 10, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Posts Quarterly Earnings Results, Misses Expectations By $0.25 EPSJune 8, 2023 | Behind the Markets (Ad)Our #1 Laser Stock for MayThe Pentagon calls laser weapons "the future." This small cap just won a $1.65 billion contract to make them. See why this stock could soar 2,476% >>>May 9, 2023 | finance.yahoo.comQ1 2023 Delek Logistics Partners LP Earnings CallMay 8, 2023 | finance.yahoo.comDelek Logistics Partners (DKL) Q1 2023 Earnings Call TranscriptMay 8, 2023 | msn.comDelek Logistics Partners GAAP EPS of $0.86, revenue of $243.5MMay 8, 2023 | finance.yahoo.comDelek Logistics Reports First Quarter 2023 Net Income Attributable to All Partners of $37.4 millionMay 7, 2023 | americanbankingnews.comDelek Logistics Partners (DKL) Scheduled to Post Earnings on MondayMay 6, 2023 | msn.comDelek Logistics Partners: A Dividend King's Royal Midstream CousinMay 5, 2023 | msn.comA Preview Of Delek Logistics Partners's EarningsMay 5, 2023 | finance.yahoo.comWhat Makes Delek US Holdings (DK) an Attractive Investment?May 3, 2023 | msn.comDelek Logistics Partners LP - Unit (DKL) Declares $1.02 DividendApril 30, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Upgraded to Hold at StockNews.comApril 28, 2023 | finance.yahoo.comDelek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.025 per Common Limited Partner UnitApril 21, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Shares Gap Up to $48.58April 21, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Stock Rating Upgraded by StockNews.comApril 6, 2023 | finance.yahoo.comDelek Logistics Partners, LP to Host First Quarter 2023 Conference Call on May 8thApril 4, 2023 | americanbankingnews.comDelek Logistics Partners, LP (NYSE:DKL) Sees Significant Growth in Short InterestMarch 30, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Rating Lowered to Sell at StockNews.comMarch 24, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Sees Strong Trading VolumeMarch 12, 2023 | benzinga.comDelek Logistics Partners, LP 2022 K-1 Tax Packages Available on WebsiteSee More Headlines DKL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DKL Company Calendar Ex-Dividend for 5/15 Dividend5/05/2023Last Earnings5/08/2023Dividend Payable5/15/2023Today6/08/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:DKL CUSIPN/A CIK1552797 Webwww.deleklogistics.com Phone(615) 771-6701FaxN/AEmployees2,020Year Founded2012Price Target and Rating Average Stock Price Forecast$48.00 High Stock Price Forecast$48.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside-11.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.61 Trailing P/E Ratio14.95 Forward P/E Ratio14.24 P/E GrowthN/ANet Income$159.05 million Net Margins14.62% Pretax Margin14.67% Return on Equity-136.79% Return on Assets9.48% Debt Debt-to-Equity RatioN/A Current Ratio0.99 Quick Ratio0.95 Sales & Book Value Annual Sales$1.04 billion Price / Sales2.27 Cash Flow$5.47 per share Price / Cash Flow9.86 Book Value($2.54) per share Price / Book-21.25Miscellaneous Outstanding Shares43,580,000Free Float43,139,000Market Cap$2.35 billion OptionableOptionable Beta2.14 Social Links Key ExecutivesAvigal SoreqPresident, Chief Executive Officer & DirectorJoseph IsraelExecutive Vice President-OperationsReuven SpiegelChief Financial Officer, Director & Executive VPDenise Clark McWattersSecretary, Executive VP & General CounselRobert WrightChief Accounting Officer & Senior VPKey CompetitorsHolly Energy PartnersNYSE:HEPNuStar EnergyNYSE:NSPlains GPNYSE:PAGPGenesis EnergyNYSE:GELHF SinclairNYSE:DINOView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 19,119 shares on 5/18/2023Ownership: 0.413%B. Riley Wealth Advisors Inc.Sold 2,600 shares on 5/17/2023Ownership: 0.048%First Trust Advisors LPBought 1,627 shares on 5/16/2023Ownership: 0.156%Susquehanna International Group LLPSold 18,300 shares on 5/16/2023Ownership: 0.000%Infrastructure Capital Advisors LLCBought 45,598 shares on 5/15/2023Ownership: 0.178%View All Insider TransactionsView All Institutional Transactions DKL Stock - Frequently Asked Questions Should I buy or sell Delek Logistics Partners stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DKL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DKL, but not buy additional shares or sell existing shares. View DKL analyst ratings or view top-rated stocks. What is Delek Logistics Partners' stock price forecast for 2023? 1 Wall Street research analysts have issued 12-month target prices for Delek Logistics Partners' stock. Their DKL share price forecasts range from $48.00 to $48.00. On average, they expect the company's share price to reach $48.00 in the next year. This suggests that the stock has a possible downside of 11.1%. View analysts price targets for DKL or view top-rated stocks among Wall Street analysts. How have DKL shares performed in 2023? Delek Logistics Partners' stock was trading at $45.25 at the beginning of the year. Since then, DKL shares have increased by 19.3% and is now trading at $53.97. View the best growth stocks for 2023 here. Are investors shorting Delek Logistics Partners? Delek Logistics Partners saw a decline in short interest in May. As of May 15th, there was short interest totaling 399,700 shares, a decline of 5.6% from the April 30th total of 423,400 shares. Based on an average daily volume of 34,700 shares, the days-to-cover ratio is currently 11.5 days. Currently, 4.6% of the company's shares are short sold. View Delek Logistics Partners' Short Interest. When is Delek Logistics Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our DKL earnings forecast. How were Delek Logistics Partners' earnings last quarter? Delek Logistics Partners, LP (NYSE:DKL) announced its quarterly earnings data on Monday, May, 8th. The oil and gas producer reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $1.11 by $0.25. The oil and gas producer earned $243.53 million during the quarter, compared to analyst estimates of $273.79 million. Delek Logistics Partners had a net margin of 14.62% and a negative trailing twelve-month return on equity of 136.79%. During the same period in the prior year, the business earned $0.91 earnings per share. How often does Delek Logistics Partners pay dividends? What is the dividend yield for Delek Logistics Partners? Delek Logistics Partners announced a quarterly dividend on Friday, April 28th. Stockholders of record on Monday, May 8th will be given a dividend of $1.025 per share on Monday, May 15th. This represents a $4.10 dividend on an annualized basis and a yield of 7.60%. The ex-dividend date of this dividend is Friday, May 5th. This is an increase from the stock's previous quarterly dividend of $0.73. Read our dividend analysis for DKL. What ETFs hold Delek Logistics Partners' stock? ETFs with the largest weight of Delek Logistics Partners (NYSE:DKL) stock in their portfolio include Global X MLP ETF (MLPA), GraniteShares HIPS US High Income ETF (HIPS), InfraCap MLP ETF (AMZA), Virtus Real Asset Income ETF (VRAI), Alerian MLP ETF (AMLP), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Arrow Dow Jones Global Yield ETF (GYLD) and ASYMmetric Smart Alpha S&P 500 ETF (ZSPY). Is Delek Logistics Partners a good dividend stock? Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.10 per share and currently has a dividend yield of 7.83%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 113.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DKL will have a dividend payout ratio of 85.42% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for DKL. What other stocks do shareholders of Delek Logistics Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Delek Logistics Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), New Residential Investment (NRZ), Höegh LNG Partners (HMLP), Annaly Capital Management (NLY), GasLog Partners (GLOP) and PBF Logistics (PBFX). What is Delek Logistics Partners' stock symbol? Delek Logistics Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "DKL." Who are Delek Logistics Partners' major shareholders? Delek Logistics Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (3.40%), JPMorgan Chase & Co. (0.41%), Infrastructure Capital Advisors LLC (0.18%), First Trust Advisors LP (0.16%), UBS Group AG (0.13%) and Raymond James & Associates (0.09%). Insiders that own company stock include Charles J Brown III, Ezra Uzi Yemin, Francis C D'andrea, Francis C D'andrea, Nilah Staskus and Reuven Spiegel. View institutional ownership trends. How do I buy shares of Delek Logistics Partners? Shares of DKL 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. What is Delek Logistics Partners' stock price today? One share of DKL stock can currently be purchased for approximately $53.97. How much money does Delek Logistics Partners make? Delek Logistics Partners (NYSE:DKL) has a market capitalization of $2.35 billion and generates $1.04 billion in revenue each year. The oil and gas producer earns $159.05 million in net income (profit) each year or $3.61 on an earnings per share basis. How many employees does Delek Logistics Partners have? The company employs 2,020 workers across the globe. How can I contact Delek Logistics Partners? Delek Logistics Partners' mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The official website for the company is www.deleklogistics.com. The oil and gas producer can be reached via phone at (615) 771-6701 or via email at dklir@deleklogistics.com. This page (NYSE:DKL) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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