NYSE:DKL Delek Logistics Partners Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Delek Logistics Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. $48.95 +0.25 (+0.51%) (As of 07/1/2022 03:13 PM ET) Add Compare Share Today's Range$48.50▼$49.7650-Day Range$43.50▼$57.6652-Week Range$36.56▼$58.55Volume143 shsAverage Volume63,406 shsMarket Capitalization$2.13 billionP/E Ratio12.65Dividend Yield7.88%Price Target$46.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Forecast (MarketRank)Overall MarketRank™2.29 out of 5 starsOils/Energy Sector131st out of 391 stocksPipelines, Except Natural Gas Industry8th out of 21 stocksAnalyst Opinion: 1.0Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 - 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 $46.00, Delek Logistics Partners has a forecasted downside of 6.0% from its current price of $48.95.Amount of Analyst CoverageDelek Logistics Partners has received no research coverage in the past 90 days. Previous Next 4.0 Community Rank Outperform VotesDelek Logistics Partners has received 331 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDelek Logistics Partners has received 221 “underperform” votes. (Add your “underperform” vote.)Community SentimentDelek Logistics Partners has received 59.96% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Delek Logistics Partners and other stocks. Vote “Outperform” if you believe DKL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DKL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipDelek Logistics Partners is a leading dividend payer. It pays a dividend yield of 7.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDelek Logistics Partners has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Delek Logistics Partners is 101.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Delek Logistics Partners will have a dividend payout ratio of 56.00% next year. This indicates that Delek Logistics Partners will be able to sustain or increase its dividend. 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 10.77% 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 44.63% in the coming year, from $4.84 to $7.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Delek Logistics Partners is 12.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Delek Logistics Partners is 12.65, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.43. Previous Next See Top Rated MarketRank™ Stocks Here About Delek Logistics Partners (NYSE:DKL)Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates through three segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment includes pipelines, trucks, and ancillary assets that provide crude oil gathering, crude oil intermediate and refined products transportation, and storage services primarily in support of the Tyler, El Dorado, and Big Spring refineries, as well as offers crude oil and other products transportation services to third parties. This segment operates approximately 400 miles of crude oil transportation pipelines; 450 miles of refined product pipelines; and approximately 900 miles of crude oil gathering, and intermediate and refined products storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storage, and terminalling services related to refined products to independent third parties. The Investments in Pipeline Joint Ventures Segment owns a portion of three joint ventures that have constructed separate crude oil pipeline systems and related ancillary assets, which serves third parties and subsidiaries. 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 is a subsidiary of Delek US Holdings, Inc.Read More DKL Stock News HeadlinesJune 23, 2022 | finance.yahoo.comOffset Some Inflation Impact With 5 Energy Pipeline BuysJune 17, 2022 | nasdaq.comDelek Logistics Partners (DKL) Shares Enter Oversold TerritoryJune 6, 2022 | americanbankingnews.comHF Sinclair (NYSE:DINO) vs. Delek Logistics Partners (NYSE:DKL) Financial ContrastJune 1, 2022 | finance.yahoo.comDelek Logistics Partners, LP Announces Closing of Acquisition from 3Bear EnergyMay 29, 2022 | finance.yahoo.com3 Under-the-Radar High-Yield Dividend Stocks You Won't Want to MissMay 24, 2022 | nasdaq.comDelek (DK) Stock Rises 10% After Earnings & Sales Beat in Q1May 6, 2022 | finance.yahoo.com3 Reasons Growth Investors Will Love Delek Logistics Partners, L.P. (DKL)May 5, 2022 | finance.yahoo.comPlains All American (PAA) Q1 Earnings Miss, Revenues BeatMay 4, 2022 | seekingalpha.comDelek Logistics Partners, LP's (DKL) CEO Uzi Yemin on Q1 2022 Results - Earnings Call TranscriptMay 3, 2022 | finance.yahoo.comDelek Logistics Partners (DKL) Q1 2022 Earnings Call TranscriptMay 2, 2022 | seekingalpha.comDelek Logistics Partners Q1 2022 Earnings PreviewApril 27, 2022 | finance.yahoo.comBest Income Stocks to Buy for April 27thApril 25, 2022 | seekingalpha.comDelek Logistics Partners declares $0.98 dividendSee More Headlines Industry, 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 FoundedN/ACompany Calendar Last Earnings5/03/2022Ex-Dividend for 5/12 Dividend5/04/2022Dividend Payable5/12/2022Today7/01/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$46.00 High Stock Price Forecast$46.00 Low Stock Price Forecast$46.00 Forecasted Upside/Downside-6.0%Consensus RatingHold Rating Score (0-4)2 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.869990 Trailing P/E Ratio12.65 Forward P/E Ratio10.11 P/E GrowthN/ANet Income$164.82 million Net Margins22.27% Pretax Margin22.28% Return on Equity-158.89% Return on Assets17.99% Debt Debt-to-Equity RatioN/A Current Ratio0.27 Quick Ratio0.25 Sales & Book Value Annual Sales$700.90 million Price / Sales3.04 Cash Flow$4.94 per share Price / Cash Flow9.91 Book Value($2.39) per share Price / Book-20.48Miscellaneous Outstanding Shares43,474,000Free Float43,039,000Market Cap$2.13 billion OptionableOptionable Beta2.44 Delek Logistics Partners Frequently Asked Questions Should I buy or sell Delek Logistics Partners stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Delek Logistics Partners stock. 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 analyst ratings for Delek Logistics Partners or view top-rated stocks. What is Delek Logistics Partners' stock price forecast for 2022? 1 analysts have issued 12-month price targets for Delek Logistics Partners' stock. Their DKL stock forecasts range from $46.00 to $46.00. On average, they expect Delek Logistics Partners' stock price to reach $46.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View analysts' price targets for Delek Logistics Partners or view top-rated stocks among Wall Street analysts. How has Delek Logistics Partners' stock performed in 2022? Delek Logistics Partners' stock was trading at $42.73 at the beginning of 2022. Since then, DKL stock has increased by 14.6% and is now trading at $48.95. View the best growth stocks for 2022 here. Are investors shorting Delek Logistics Partners? Delek Logistics Partners saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 150,100 shares, a decrease of 27.9% from the May 31st total of 208,300 shares. Based on an average daily trading volume, of 67,400 shares, the short-interest ratio is currently 2.2 days. Approximately 1.8% of the company's shares are sold short. View Delek Logistics Partners' Short Interest. When is Delek Logistics Partners' next earnings date? Delek Logistics Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Delek Logistics Partners. How were Delek Logistics Partners' earnings last quarter? Delek Logistics Partners, LP (NYSE:DKL) announced its earnings results on Tuesday, May, 3rd. The oil and gas producer reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. The oil and gas producer earned $206.58 million during the quarter, compared to analysts' expectations of $187.14 million. Delek Logistics Partners had a net margin of 22.27% and a negative trailing twelve-month return on equity of 158.89%. During the same period last year, the business posted $0.83 EPS. View Delek Logistics Partners' earnings history. 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 Monday, April 25th. Stockholders of record on Thursday, May 5th will be paid a dividend of $0.98 per share on Thursday, May 12th. This represents a $3.92 annualized dividend and a dividend yield of 8.01%. The ex-dividend date of this dividend is Wednesday, May 4th. This is an increase from Delek Logistics Partners's previous quarterly dividend of $0.98. View Delek Logistics Partners' dividend history. Is Delek Logistics Partners a good dividend stock? Delek Logistics Partners(NYSE:DKL) pays an annual dividend of $3.92 per share and currently has a dividend yield of 7.88%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Delek Logistics Partners has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Delek Logistics Partners is 101.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Delek Logistics Partners will have a dividend payout ratio of 56.00% next year. This indicates that Delek Logistics Partners will be able to sustain or increase its dividend. View Delek Logistics Partners' dividend history. Who are Delek Logistics Partners' key executives? Delek Logistics Partners' management team includes the following people: Mr. Reuven Avraham Spiegel, Exec. VP, CFO & Director of Delek Logistics GP LLC (Age 66)Ms. Denise Clark McWatters, Exec. VP, Gen. Counsel & Sec. of Delek Logistics GP LLC (Age 62)Mr. Odely Sakazi, Sr. VP of Delek Logistics GP LLC (Age 38, Pay $298.6k)Mr. Avigal Soreq, Pres, CEO & Director of Delek Logistics GP, LLC (Age 44)Mr. Todd O'Malley, Chief Operating Officer of Delek Logistics GP, LLC (Age 48)Mr. Robert Wright, Sr. VP & Chief Accounting Officer of Delek Logistics GP, LLC (Age 38)Keith Johnson, VP of Investor Relations of Delek Logistics GP, LLCMr. Blake Michael Fernandez, Sr. VP of Investor Relations & Market Intelligence of Delek Logistics GP LLCMr. Michael P. Ralsky, VP of Gov. Affairs, Public Affairs & Communications for Delek Logistics GP, LLCMr. Jared Paul Serff, Exec. VP of Delek Logistics GP LLC (Age 54) Who are some of Delek Logistics Partners' key competitors? Some companies that are related to Delek Logistics Partners include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Plains GP (PAGP), Holly Energy Partners (HEP), NuStar Energy (NS), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all of DKL's competitors. 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." How do I buy shares of Delek Logistics Partners? Shares of DKL 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 $48.95. How much money does Delek Logistics Partners make? Delek Logistics Partners (NYSE:DKL) has a market capitalization of $2.13 billion and generates $700.90 million in revenue each year. The oil and gas producer earns $164.82 million in net income (profit) each year or $3.869990 on an earnings per share basis. How many employees does Delek Logistics Partners have? Delek Logistics Partners 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 Delek Logistics Partners is www.deleklogistics.com. The oil and gas producer can be reached via phone at (615) 771-6701 or via email at [email protected]. This page (NYSE:DKL) was last updated on 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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