NYSE:DKL Delek Logistics Partners Stock Forecast, Price & News Adding Choose a 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. Log In and Add $31.36 -0.37 (-1.17 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$30.91Now: $31.36▼$31.7450-Day Range$29.10MA: $32.19▼$34.5952-Week Range$5.51Now: $31.36▼$34.91Volume198,262 shsAverage Volume160,464 shsMarket Capitalization$941.87 millionP/E Ratio9.36Dividend Yield11.35%Beta3.04 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling. The Pipelines and Transportation segment consists of assets, including pipelines and trucks, and ancillary assets that provide crude oil gathering and crude oil, intermediate and finished products transportation, and storage services primarily in support of the Tyler and El Dorado 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; 406 miles of refined product pipelines; and approximately 600 miles of crude oil gathering and trunk lines with an aggregate of approximately 9.6 million barrels of active shell capacity. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storing, and terminalling services related to refined products to independent third parties. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was founded in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP is a subsidiary of Delek US Holdings, Inc.Read More Beat the Market (BTM) Rank™ 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, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.50, Delek Logistics Partners has a forecasted downside of 9.1% from its current price of $31.36.Amount of Analyst CoverageDelek Logistics Partners has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesDelek Logistics Partners has received 320 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDelek Logistics Partners has received 413 “underperform” votes. (Add your “underperform” vote.)Community SentimentDelek Logistics Partners has received 56.34% “underperform” 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 2.5 Dividend Strength Dividend LeadershipDelek Logistics Partners is a leading dividend payer. It pays a dividend yield of 11.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDelek Logistics Partners has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Delek Logistics Partners is 137.93%. 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 75.79% in the coming year. This indicates that Delek Logistics Partners may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Delek Logistics Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $168,000.00 in company stock.Percentage Held by InstitutionsOnly 14.84% of the stock of Delek Logistics Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Delek Logistics Partners are expected to grow by 15.57% in the coming year, from $4.11 to $4.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Delek Logistics Partners is 9.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Delek Logistics Partners is 9.36, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.28. Previous Next Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.52 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:DKL Previous Symbol CUSIPN/A CIK1552797 Webwww.deleklogistics.com Phone615-771-6701Debt Debt-to-Equity RatioN/A Current Ratio2.42 Quick Ratio2.30Price-To-Earnings Trailing P/E Ratio9.36 Forward P/E Ratio7.63 P/E GrowthN/A Sales & Book Value Annual Sales$583.99 million Price / Sales1.61 Cash Flow$5.46 per share Price / Cash Flow5.74 Book Value($6.19) per share Price / Book-5.07Profitability EPS (Most Recent Fiscal Year)$2.61 Net Income$96.75 million Net Margins20.59% Return on Equity-110.23% Return on Assets13.37%Miscellaneous EmployeesN/A Outstanding Shares30,034,000Market Cap$941.87 million Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $31.36 -0.37 (-1.17 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DKL News and Ratings via Email Sign-up to receive the latest news and ratings for DKL and its competitors with MarketBeat's FREE daily newsletter. Delek Logistics Partners (NYSE:DKL) Frequently Asked Questions How has Delek Logistics Partners' stock been impacted by Coronavirus (COVID-19)? Delek Logistics Partners' stock was trading at $11.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DKL stock has increased by 184.6% and is now trading at $31.36. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Delek Logistics Partners? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Delek Logistics Partners. When is Delek Logistics Partners' next earnings date? Delek Logistics Partners is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Delek Logistics Partners. How were Delek Logistics Partners' earnings last quarter? Delek Logistics Partners LP (NYSE:DKL) announced its quarterly earnings results on Tuesday, August, 4th. The oil and gas producer reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.25. The oil and gas producer earned $117.64 million during the quarter, compared to the consensus estimate of $176.42 million. Delek Logistics Partners had a net margin of 20.59% and a negative return on equity of 110.23%. 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 declared a quarterly dividend on Monday, July 27th. Shareholders of record on Friday, August 7th will be paid a dividend of $0.90 per share on Wednesday, August 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 11.48%. The ex-dividend date of this dividend is Thursday, August 6th. This is an increase from Delek Logistics Partners's previous quarterly dividend of $0.89. View Delek Logistics Partners' dividend history. What price target have analysts set for DKL? 3 brokers have issued twelve-month target prices for Delek Logistics Partners' stock. Their forecasts range from $22.00 to $35.00. On average, they expect Delek Logistics Partners' share price to reach $28.50 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. View analysts' price targets for Delek Logistics Partners. Are investors shorting Delek Logistics Partners? Delek Logistics Partners saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 388,900 shares, a decrease of 13.9% from the June 15th total of 451,500 shares. Based on an average trading volume of 263,400 shares, the short-interest ratio is currently 1.5 days. Currently, 4.8% of the shares of the stock are sold short. View Delek Logistics Partners' Short Interest. Who are some of Delek Logistics Partners' key competitors? Some companies that are related to Delek Logistics Partners include Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all 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 LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), New Residential Investment (NRZ), Hoegh LNG Partners (HMLP), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC) and GasLog Partners LP Unit (GLOP). Who are Delek Logistics Partners' key executives? Delek Logistics Partners' management team includes the following people: Mr. Ezra Uzi Yemin, Chairman & CEO of Delek Logistics GP LLC (Age 51)Mr. Alan P. Moret, Pres of Delek Logistics GP LLC (Age 65)Mr. Assaf Ginzburg, Exec. VP, CFO & Director of Delek Logistics GP, LLC (Age 44)Keith Johnson, VP of Investor Relations of Delek Logistics GP, LLCMs. Regina Bynote Jones, Exec. VP, Gen. Counsel & Sec. of Delek Logistics GP LLC (Age 48) 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 many different institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (1.44%), Virtus ETF Advisers LLC (0.39%), FMR LLC (0.35%), FMR LLC (0.35%), Jane Street Group LLC (0.32%) and Rafferty Asset Management LLC (0.26%). Company insiders that own Delek Logistics Partners stock include Ezra Uzi Yemin, Francis C D'andrea, Odely Sakazi and Reuven Spiegel. View institutional ownership trends for Delek Logistics Partners. Which major investors are selling Delek Logistics Partners stock? DKL stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of America Corp DE, and Homrich & Berg. Company insiders that have sold Delek Logistics Partners company stock in the last year include Francis C D'andrea, and Reuven Spiegel. View insider buying and selling activity for Delek Logistics Partners. Which major investors are buying Delek Logistics Partners stock? DKL stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Rafferty Asset Management LLC, Virtus ETF Advisers LLC, Blackstone Group Inc, FMR LLC, FMR LLC, Virtu Financial LLC, and Arrow Investment Advisors LLC. Company insiders that have bought Delek Logistics Partners stock in the last two years include Ezra Uzi Yemin, and Odely Sakazi. View insider buying and selling activity for Delek Logistics Partners. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Delek Logistics Partners' stock price today? One share of DKL stock can currently be purchased for approximately $31.36. How big of a company is Delek Logistics Partners? Delek Logistics Partners has a market capitalization of $941.87 million and generates $583.99 million in revenue each year. The oil and gas producer earns $96.75 million in net income (profit) each year or $2.61 on an earnings per share basis. What is Delek Logistics Partners' official website? The official website for Delek Logistics Partners is www.deleklogistics.com. How can I contact Delek Logistics Partners? Delek Logistics Partners' mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The oil and gas producer can be reached via phone at 615-771-6701 or via email at [email protected] This page was last updated on 9/19/2020 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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