Should I buy or sell Delek Logistics Partners stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DKL shares. View DKL analyst ratings or view top-rated stocks .

What is Delek Logistics Partners' stock price target for 2024?

2 brokers have issued 1 year price targets for Delek Logistics Partners' shares. Their DKL share price targets range from $45.00 to $45.00. On average, they anticipate the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View analysts price targets for DKL or view top-rated stocks among Wall Street analysts .

How have DKL shares performed in 2024?

Delek Logistics Partners' stock was trading at $43.17 at the beginning of the year. Since then, DKL stock has decreased by 12.0% and is now trading at $38.00. View the best growth stocks for 2024 here .

Are investors shorting Delek Logistics Partners?

Delek Logistics Partners saw a drop in short interest in March. As of March 31st, there was short interest totaling 27,600 shares, a drop of 44.5% from the March 15th total of 49,700 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company's stock 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 Tuesday, May 7th 2024. View our DKL earnings forecast .

How can I listen to Delek Logistics Partners' earnings call?

Delek Logistics Partners 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 .

How were Delek Logistics Partners' earnings last quarter?

Delek Logistics Partners, LP (NYSE:DKL) issued its quarterly earnings results on Tuesday, February, 27th. The oil and gas producer reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. The oil and gas producer had revenue of $254.15 million for the quarter, compared to analysts' expectations of $272.51 million. Delek Logistics Partners had a net margin of 12.37% and a negative trailing twelve-month return on equity of 102.99%.

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 Tuesday, February 20th. Investors of record on Friday, March 1st will be paid a dividend of $0.245 per share on Friday, March 8th. This represents a $0.98 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for DKL .

Is Delek Logistics Partners a good dividend stock?

Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.22 per share and currently has a dividend yield of 11.30%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 145.52%. 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 104.46% 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 ETFs hold Delek Logistics Partners' stock?

ETFs with the largest weight of Delek Logistics Partners (NYSE:DKL) stock in their portfolio include InfraCap MLP ETF (AMZA) , Multi-Asset Diversified Income Index Fund (MDIV) , Global X MLP ETF (MLPA) , Alerian MLP ETF (AMLP) , Goldman Sachs ETF Trust Goldman (GPOW) , Global X MLP & Energy Infrastructure ETF (MLPX) . Tortoise North American Pipeline Fund (TPYP) and

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) .

Who are Delek Logistics Partners' major shareholders?

Delek Logistics Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Avigal Soreq, Charles J Brown III, Ezra Uzi Yemin, Francis C D'andrea, Francis C D'andrea , Nilah Staskus, Odely Sakazi 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:DKL

Delek Logistics Partners (DKL) Stock Price, News & Analysis

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$38.00

+0.32 (+0.85%)

(As of 04/18/2024 ET)

Compare

Today's Range: $37.71
▼
$38.00
50-Day Range: $37.31
▼
$46.06
52-Week Range: $36.50
▼
$58.81

Volume: 81,232 shs
Average Volume: 71,759 shs
Market Capitalization: $1.66 billion

P/E Ratio: 13.10
Dividend Yield: 11.11%
Price Target: $45.00

Get Delek Logistics Partners alerts:

Delek Logistics Partners MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 18.4% Upside
$45.00 Price Target
Short Interest: Healthy
0.29% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.17
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.09%
From $3.48 to $4.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.02 out of 5 stars

Oils/Energy Sector

120th out of 226 stocks

Pipelines, Except Natural Gas Industry

3rd out of 8 stocks

2.3

Analyst's Opinion

Consensus Rating
Delek Logistics Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Delek Logistics Partners has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.29% of the float of Delek Logistics Partners has been sold short.
Short Interest Ratio / Days to Cover
Delek Logistics Partners has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Delek Logistics Partners has recently decreased by 44.47%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Delek Logistics Partners is a leading dividend payer. It pays a dividend yield of 11.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Delek Logistics Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Delek Logistics Partners is 145.52%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Delek Logistics Partners will have a dividend payout ratio of 104.46% in the coming year. This indicates that Delek Logistics Partners may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DKL.

1.6

News and Social Media Coverage

News Sentiment
Delek Logistics Partners has a news sentiment score of -0.17. 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 lower news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Delek Logistics Partners this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for DKL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
6 people have added Delek Logistics Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Delek Logistics Partners insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Delek Logistics Partners is held by insiders.
Percentage Held by Institutions
Only 11.75% of the stock of Delek Logistics Partners is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Delek Logistics Partners are expected to grow by 16.09% in the coming year, from $3.48 to $4.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Delek Logistics Partners is 13.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Delek Logistics Partners is 13.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.46.

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About Delek Logistics Partners Stock (NYSE:DKL)

Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The Gathering and Processing segment consists of pipelines, tanks, and offloading facilities that provide crude oil and natural gas gathering and processing, water disposal and recycling, and storage services, as well as crude oil transportation services to third parties. The Wholesale Marketing and Terminalling segment includes refined products terminals and pipelines in Texas, Tennessee, and Arkansas. This segment provides marketing services for the refined products and terminalling services at refined products terminals to independent third parties. The Storage and Transportation segment comprises tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil, intermediate, and refined products transportation and storage services. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.

DKL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DKL Stock News Headlines

April 17, 2024 | morningstar.com

Delek Logistics Partners LP

April 16, 2024 | finance.yahoo.com

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April 12, 2024 | businesswire.com

Delek Logistics Partners, LP Announces Pricing of Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

April 12, 2024 | markets.businessinsider.com

Delek Logistics Announces Offering Of $200 Mln Of Addl. 8.625% Senior Notes Due 2029

April 12, 2024 | businesswire.com

Delek Logistics Partners, LP Announces Proposed Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

April 10, 2024 | americanbankingnews.com

Delek Logistics Partners (NYSE:DKL) Upgraded to Buy by StockNews.com

April 9, 2024 | businesswire.com

Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7 th

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April 9, 2024 | americanbankingnews.com

Delek Logistics Partners (NYSE:DKL) Stock Crosses Below 200 Day Moving Average of $44.54

April 8, 2024 | businesswire.com

Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7th

March 22, 2024 | seekingalpha.com

DKL Delek Logistics Partners, LP Common Units

March 20, 2024 | finance.yahoo.com

DKL Aug 2024 60.000 call

March 19, 2024 | finance.yahoo.com

DKL Aug 2024 35.000 call

March 19, 2024 | msn.com

Delek Logistics upgraded, Western Midstream downgraded at Raymond James

March 18, 2024 | finance.yahoo.com

DK Oct 2024 35.000 put

March 16, 2024 | finance.yahoo.com

DKL Apr 2024 22.500 call

March 16, 2024 | finance.yahoo.com

DKL Apr 2024 35.000 put

March 15, 2024 | ca.finance.yahoo.com

DKL Apr 2024 50.000 call

March 12, 2024 | prnewswire.com

Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters' Option to Purchase Additional Units

March 11, 2024 | prnewswire.com

Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Results of Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025

March 8, 2024 | marketwatch.com

Delek Logistics Partners Shares Drop 11% After Public Offering Prices

March 8, 2024 | markets.businessinsider.com

Delek Logistics Prices Public Offering Of 3.12 Mln Common Units At $38.50/unit

March 7, 2024 | prnewswire.com

Delek Logistics Partners, LP Announces Pricing of Public Offering of Common Units

March 7, 2024 | msn.com

Delek Logistics Partners announces proposed public offering of common units

March 7, 2024 | finance.yahoo.com

Delek Logistics Partners, LP Announces Proposed Public Offering of Common Units

March 6, 2024 | finance.yahoo.com

Delek Logistics Partners, LP 2023 K-1 Tax Packages Available on Website

See More Headlines

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Company Calendar

Ex-Dividend for 2/12 Dividend: 2/02/2024
Dividend Payable: 2/12/2024
Last Earnings: 2/27/2024
Ex-Dividend for 3/8 Dividend: 2/29/2024
Dividend Payable: 3/08/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Pipelines, except natural gas
Sub-Industry: N/A
Current Symbol: NYSE:DKL
CUSIP: N/A
CIK: 1552797
Web: www.deleklogistics.com
Phone: (615) 771-6701
Fax: N/A
Employees: 2,020
Year Founded: 2012

Price Target and Rating

Average Stock Price Target: $45.00
High Stock Price Target: $45.00
Low Stock Price Target: $45.00
Potential Upside/Downside: +18.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.90
Trailing P/E Ratio: 13.10
Forward P/E Ratio: 10.92
P/E Growth: N/A
Net Income: $126.24 million
Net Margins: 12.37%
Pretax Margin: 12.49%
Return on Equity: -102.99%
Return on Assets: 8.38%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.84
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: $1.02 billion
Price / Sales: 1.62
Cash Flow: $5.72 per share
Price / Cash Flow: 6.64
Book Value: ($3.71) per share
Price / Book: -10.24

Miscellaneous

Outstanding Shares: 43,620,000
Free Float: 43,181,000
Market Cap: $1.66 billion
Optionable: Optionable
Beta: 2.07

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Key Executives

Mr. Ezra Uzi Yemin (Age 56)
Executive Chairman of Delek Logistics GP LLC
Mr. Reuven Avraham Spiegel (Age 68)
Executive VP, CFO & Director of Delek Logistics GP LLC
Ms. Denise Clark McWatters (Age 64)
Executive VP, General Counsel & Secretary of Delek Logistics GP LLC
Mr. Odely Sakazi (Age 40)
Senior Vice President of Delek Logistics GP LLC
Comp: $843.5k
Mr. Avigal Soreq (Age 46)
President, CEO & Director of Delek Logistics GP, LLC
Mr. Joseph Israel (Age 52)
Executive Vice President of Operations
Mr. Robert Wright (Age 40)
Senior VP & Chief Accounting Officer of Delek Logistics GP, LLC
Ms. Rosy Zuklic (Age 50)
Vice President of Investor Relations & Market Intelligence of Delek Logistics GP, LLC
Mr. Michael P. Ralsky
Vice President of Public Affairs & ESG
Mr. Jared Paul Serff (Age 56)
Executive Vice President of Delek Logistics GP LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DKL Stock Analysis - Frequently Asked Questions

Should I buy or sell Delek Logistics Partners stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DKL shares.
View DKL analyst ratings or view top-rated stocks.
What is Delek Logistics Partners' stock price target for 2024?: 2 brokers have issued 1 year price targets for Delek Logistics Partners' shares. Their DKL share price targets range from $45.00 to $45.00. On average, they anticipate the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for DKL or view top-rated stocks among Wall Street analysts.
How have DKL shares performed in 2024?: Delek Logistics Partners' stock was trading at $43.17 at the beginning of the year. Since then, DKL stock has decreased by 12.0% and is now trading at $38.00.
View the best growth stocks for 2024 here.
Are investors shorting Delek Logistics Partners?: Delek Logistics Partners saw a drop in short interest in March. As of March 31st, there was short interest totaling 27,600 shares, a drop of 44.5% from the March 15th total of 49,700 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company's stock 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 Tuesday, May 7th 2024.
View our DKL earnings forecast.
How can I listen to Delek Logistics Partners' earnings call?: Delek Logistics Partners 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.
How were Delek Logistics Partners' earnings last quarter?: Delek Logistics Partners, LP (NYSE:DKL) issued its quarterly earnings results on Tuesday, February, 27th. The oil and gas producer reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. The oil and gas producer had revenue of $254.15 million for the quarter, compared to analysts' expectations of $272.51 million. Delek Logistics Partners had a net margin of 12.37% and a negative trailing twelve-month return on equity of 102.99%.

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 Tuesday, February 20th. Investors of record on Friday, March 1st will be paid a dividend of $0.245 per share on Friday, March 8th. This represents a $0.98 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for DKL.
Is Delek Logistics Partners a good dividend stock?: Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.22 per share and currently has a dividend yield of 11.30%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 145.52%. 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 104.46% 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 ETFs hold Delek Logistics Partners' stock?: ETFs with the largest weight of Delek Logistics Partners (NYSE:DKL) stock in their portfolio include InfraCap MLP ETF (AMZA), Multi-Asset Diversified Income Index Fund (MDIV), Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Goldman Sachs ETF Trust Goldman (GPOW), Global X MLP & Energy Infrastructure ETF (MLPX).Tortoise North American Pipeline Fund (TPYP) and
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).
Who are Delek Logistics Partners' major shareholders?: Delek Logistics Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Avigal Soreq, Charles J Brown III, Ezra Uzi Yemin, Francis C D'andrea, Francis C D'andrea, Nilah Staskus, Odely Sakazi 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DKL) was last updated on 4/19/2024 by MarketBeat.com Staff

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