NYSE:DKL Delek Logistics Partners (DKL) Stock Forecast, Price & News $42.97 +0.50 (+1.18%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$41.69▼$44.1950-Day Range$36.56▼$52.0052-Week Range$36.50▼$58.81Volume502,636 shsAverage Volume41,088 shsMarket Capitalization$1.87 billionP/E Ratio11.94Dividend Yield9.63%Price Target$45.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Delek Logistics Partners MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.7% Upside$45.00 Price TargetShort InterestHealthy1.36% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.14Based on 2 Articles This WeekInsider TradingSelling Shares$516,304 Sold Last QuarterProj. Earnings Growth10.46%From $3.25 to $3.59 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.2.38 out of 5 starsOils/Energy Sector102nd out of 231 stocksPipelines, Except Natural Gas Industry3rd out of 10 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 $45.00, Delek Logistics Partners has a forecasted upside of 4.7% from its current price of $42.97.Amount of Analyst CoverageDelek Logistics Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.36% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Delek Logistics Partners has recently decreased by 33.94%, 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 9.73%, 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 115.00%. 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 115.32% 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 3.4 News and Social Media Coverage News SentimentDelek Logistics Partners has a news sentiment score of 1.14. 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 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Delek Logistics Partners this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for DKL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows2 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. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Delek Logistics Partners insiders have sold 337.21% more of their company's stock than they have bought. Specifically, they have bought $118,091.00 in company stock and sold $516,304.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Delek Logistics Partners is held by insiders.Percentage Held by InstitutionsOnly 12.56% of the stock of Delek Logistics Partners is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Delek Logistics Partners are expected to grow by 10.46% in the coming year, from $3.25 to $3.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Delek Logistics Partners is 11.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Delek Logistics Partners is 11.94, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.87. 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, and intermediate and refined products in the United States. It operates through four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment includes 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, Arkansas, and Oklahoma. 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. 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 primarily in the Permian Basin and Gulf Coast regions. 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.Read More DKL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DKL Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comIs Delek Logistics Partners LP (DKL) Too Good to Be True? A Comprehensive Analysis of a ...September 19, 2023 | americanbankingnews.comDelek Logistics Partners (NYSE:DKL) Share Price Passes Below 200-Day Moving Average of $48.14September 23, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 9, 2023 | msn.comCitigroup Upgrades Delek Logistics Partners LP - Unit (DKL)September 8, 2023 | markets.businessinsider.comDelek Logistics (DKL) was upgraded to a Hold Rating at CitiAugust 30, 2023 | finance.yahoo.comBear of the Day: Delek Logistics Partners (DKL)August 30, 2023 | finance.yahoo.comWant More Income? You Won't Want to Miss These Ultra-High-Yielding Investments.August 8, 2023 | finance.yahoo.comDelek Logistics Partners (DKL) Q2 2023 Earnings Call TranscriptSeptember 23, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 8, 2023 | finance.yahoo.comQ2 2023 Delek Logistics Partners LP Earnings CallAugust 8, 2023 | finance.yahoo.comDelek Logistics Partners, LP (NYSE:DKL) Q2 2023 Earnings Call TranscriptAugust 7, 2023 | finance.yahoo.comDelek Logistics Reports Second Quarter 2023 ResultsAugust 6, 2023 | markets.businessinsider.comHere's what to expect from Delek Logistics Partners LP Partnership Units's earningsJuly 31, 2023 | msn.comDelek Logistics Partners LP: Offering A Great Dividend At A Good PriceJuly 28, 2023 | finance.yahoo.comDelek Logistics (DKL) Ups Quarterly Cash Distribution by 5% Y/YJuly 11, 2023 | finance.yahoo.comDelek Logistics Partners, LP to Host Second Quarter 2023 Conference Call on August 7thJune 28, 2023 | msn.comDelek Logistics Partners cut to Sell at Citi after recent run-upMay 23, 2023 | markets.businessinsider.comDelek Logistics (DKL) Gets a Hold from CitiMay 15, 2023 | incomeinvestors.comDelek Logistics Stock: 9.3%-Yielder Reports Record Q1 Results & Hikes DividendMay 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 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 DividendSee More Headlines 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 Company Calendar Ex-Dividend for 8/14 Dividend8/04/2023Last Earnings8/07/2023Dividend Payable8/14/2023Today9/23/2023Next Earnings (Estimated)11/06/2023Fiscal 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$45.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+4.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.60 Trailing P/E Ratio11.94 Forward P/E Ratio13.22 P/E GrowthN/ANet Income$159.05 million Net Margins14.87% Pretax Margin14.92% Return on Equity-132.78% Return on Assets9.35% Debt Debt-to-Equity RatioN/A Current Ratio1.51 Quick Ratio1.46 Sales & Book Value Annual Sales$1.04 billion Price / Sales1.81 Cash Flow$5.37 per share Price / Cash Flow8.00 Book Value($2.54) per share Price / Book-16.92Miscellaneous Outstanding Shares43,590,000Free Float43,150,000Market Cap$1.87 billion OptionableOptionable Beta2.08 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Ezra Uzi Yemin (Age 55)Exec. Chairman of Delek Logistics GP LLC Mr. Avigal Soreq (Age 45)Pres, CEO & Director of Delek Logistics GP, LLC Mr. Reuven Avraham Spiegel (Age 67)Exec. VP, CFO & Director of Delek Logistics GP LLC Ms. Denise Clark McWatters (Age 63)Exec. VP, Gen. Counsel & Sec. of Delek Logistics GP LLC Mr. Odely Sakazi (Age 39)Sr. VP of Delek Logistics GP LLC Comp: $312.78kMr. Joseph Israel (Age 51)Exec. VP of Operations Mr. Robert Wright (Age 39)Sr. VP & Chief Accounting Officer of Delek Logistics GP, LLC Ms. Rosy Zuklic (Age 49)VP of Investor Relations & Market Intelligence of Delek Logistics GP, LLC Mr. Michael P. RalskyVP of Public Affairs & ESGMr. Jared Paul Serff (Age 55)Exec. VP of Delek Logistics GP LLC More ExecutivesKey CompetitorsNuStar EnergyNYSE:NSGenesis EnergyNYSE:GELHolly Energy PartnersNYSE:HEPPlains GPNYSE:PAGPEnlight Renewable EnergyNASDAQ:ENLTView All CompetitorsInsiders & InstitutionsVitalStone Financial LLCBought 906 shares on 8/21/2023Ownership: 0.002%Odely SakaziBought 418 shares on 8/17/2023Total: $16,465.02 ($39.39/share)Infrastructure Capital Advisors LLCSold 27,212 shares on 8/15/2023Ownership: 0.115%Wells Fargo & Company MNBought 256 shares on 8/15/2023Ownership: 0.077%Royal Bank of CanadaBought 850 shares on 8/15/2023Ownership: 0.032%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 year. 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 brokerages have issued twelve-month price targets for Delek Logistics Partners' stock. Their DKL share price forecasts range from $45.00 to $45.00. On average, they predict the company's share price to reach $45.00 in the next year. This suggests a possible upside of 4.7% 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 2023? Delek Logistics Partners' stock was trading at $45.25 at the start of the year. Since then, DKL stock has decreased by 5.0% and is now trading at $42.97. View the best growth stocks for 2023 here. Are investors shorting Delek Logistics Partners? Delek Logistics Partners saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 119,900 shares, a drop of 33.9% from the August 15th total of 181,500 shares. Based on an average trading volume of 79,800 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.4% of the shares of the stock are sold short. 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 Monday, November 6th 2023. View our DKL earnings forecast. How were Delek Logistics Partners' earnings last quarter? Delek Logistics Partners, LP (NYSE:DKL) released its quarterly earnings results on Monday, August, 7th. The oil and gas producer reported $0.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.08. The oil and gas producer earned $246.91 million during the quarter, compared to analyst estimates of $281.25 million. Delek Logistics Partners had a net margin of 14.87% and a negative trailing twelve-month return on equity of 132.78%. During the same quarter last year, the business earned $0.74 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 Wednesday, July 26th. Stockholders of record on Monday, August 7th will be given a dividend of $1.035 per share on Monday, August 14th. This represents a $4.14 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date is Friday, August 4th. This is a positive change 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), Alerian MLP ETF (AMLP), InfraCap MLP ETF (AMZA) and Global X MLP & Energy Infrastructure ETF (MLPX).Tortoise North American Pipeline Fund (TPYP). Is Delek Logistics Partners a good dividend stock? Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.14 per share and currently has a dividend yield of 9.75%. 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 115.00%. 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 115.32% 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 retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (3.66%), JPMorgan Chase & Co. (0.41%), Goldman Sachs Group Inc. (0.31%), Infrastructure Capital Advisors LLC (0.12%), Raymond James & Associates (0.08%) and Wells Fargo & Company MN (0.08%). 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 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 $42.97. How much money does Delek Logistics Partners make? Delek Logistics Partners (NYSE:DKL) has a market capitalization of $1.87 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 $3.60 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 9/23/2023 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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