NYSE:DKLDelek Logistics Partners Stock Price, Forecast & News

Delek Logistics Partners' stock was trading at $11.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DKL shares have increased by 116.1% and is now trading at $23.81. View which stocks have been most impacted by Coronavirus.

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.

Delek Logistics Partners is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Delek Logistics Partners.

Delek Logistics Partners LP (NYSE:DKL) issued its quarterly earnings results on Tuesday, May, 5th. The oil and gas producer reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.17. The oil and gas producer had revenue of $163.40 million for the quarter, compared to the consensus estimate of $138.06 million. Delek Logistics Partners had a net margin of 16.27% and a negative return on equity of 80.26%. View Delek Logistics Partners' earnings history.

Delek Logistics Partners announced a quarterly dividend on Tuesday, April 21st. Stockholders of record on Tuesday, May 5th will be paid a dividend of $0.89 per share on Tuesday, May 12th. This represents a $3.56 annualized dividend and a yield of 14.95%. The ex-dividend date of this dividend is Monday, May 4th. This is a boost from Delek Logistics Partners's previous quarterly dividend of $0.89. View Delek Logistics Partners' dividend history.

3 Wall Street analysts have issued 12-month price targets for Delek Logistics Partners' stock. Their forecasts range from $21.00 to $21.00. On average, they expect Delek Logistics Partners' share price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 11.8%. View analysts' price targets for Delek Logistics Partners.

Media coverage about DKL stock has been trending very negative on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Delek Logistics Partners earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the oil and gas producer a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the next few days. View the latest news aboutDelek Logistics Partners.

Delek Logistics Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 158,400 shares, an increase of 80.8% from the April 30th total of 87,600 shares. Based on an average daily trading volume, of 282,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 4.1% of the shares of the company are short sold. View Delek Logistics Partners' Current Options Chain.

Some companies that are related to Delek Logistics Partners include NuStar Energy (NS), Plains GP (PAGP), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors.

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), Ares Capital (ARCC), AT&T (T), New Residential Investment (NRZ), GasLog Partners LP Unit (GLOP), Magellan Midstream Partners (MMP), Mplx (MPLX), Golar LNG Partners (GMLP) and Hoegh LNG Partners (HMLP).

Delek Logistics Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "DKL."

Delek Logistics Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (3.20%), Clearbridge Investments LLC (1.35%), Morgan Stanley (0.97%), Morgan Stanley (0.80%), JPMorgan Chase & Co. (0.94%) and First Trust Advisors LP (0.72%). Company insiders that own Delek Logistics Partners stock include Charles J Brown III, Ezra Uzi Yemin, Francis C D'andrea and Odely Sakazi. View institutional ownership trends for Delek Logistics Partners.

DKL stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Clearbridge Investments LLC, Virtus ETF Advisers LLC, First Trust Advisors LP, Wells Fargo & Company MN, UBS Group AG, Russell Investments Group Ltd., and JPMorgan Chase & Co.. View insider buying and selling activity for Delek Logistics Partners.

DKL stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Harvest Fund Advisors LLC, GSA Capital Partners LLP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Citigroup Inc., and Deutsche Bank AG. 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.

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.

One share of DKL stock can currently be purchased for approximately $23.81.

Delek Logistics Partners has a market capitalization of $714.90 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.

The official website for Delek Logistics Partners is www.deleklogistics.com.

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]