Zacks Research Weighs in on Delek US’s Q3 Earnings (NYSE:DK)

Delek US Holdings, Inc. (NYSE:DK) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Delek US in a research note issued to investors on Thursday, June 4th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of $1.07 per share for the quarter, up from their previous estimate of $1.05. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $4.96 per share. Zacks Research also issued estimates for Delek US’s FY2026 earnings at $1.82 EPS, Q2 2027 earnings at $0.59 EPS and Q3 2027 earnings at $0.31 EPS.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.42) by $1.50. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Delek US had a negative net margin of 0.48% and a positive return on equity of 22.90%. Delek US’s revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the company posted ($2.32) EPS.

Several other equities analysts have also recently issued reports on the stock. Raymond James Financial boosted their price objective on shares of Delek US from $47.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, March 25th. Citigroup boosted their price objective on shares of Delek US from $33.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Wells Fargo & Company upped their price target on shares of Delek US from $54.00 to $59.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. The Goldman Sachs Group raised shares of Delek US from a “neutral” rating to a “buy” rating and upped their price target for the stock from $43.00 to $55.00 in a research note on Friday, April 10th. Finally, UBS Group upped their price target on shares of Delek US from $42.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $44.69.

Delek US Stock Performance

Shares of DK opened at $47.74 on Friday. The company has a debt-to-equity ratio of 10.51, a quick ratio of 0.49 and a current ratio of 0.76. The stock has a market capitalization of $2.93 billion, a P/E ratio of -52.47, a P/E/G ratio of 0.32 and a beta of 0.60. The company’s fifty day moving average is $43.77 and its two-hundred day moving average is $37.91. Delek US has a 1 year low of $18.12 and a 1 year high of $49.50.

Delek US Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.1%. Delek US’s dividend payout ratio is -112.09%.

Insider Buying and Selling at Delek US

In other news, Director Shlomo Zohar sold 7,343 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $46.00, for a total transaction of $337,778.00. Following the transaction, the director directly owned 6,646 shares of the company’s stock, valued at $305,716. This represents a 52.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Robert G. Wright sold 10,720 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $47.07, for a total transaction of $504,590.40. Following the transaction, the executive vice president directly owned 48,148 shares in the company, valued at approximately $2,266,326.36. This trade represents a 18.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 61,730 shares of company stock worth $2,749,502. Company insiders own 3.56% of the company’s stock.

Institutional Investors Weigh In On Delek US

A number of large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new stake in Delek US in the 1st quarter valued at about $290,000. Converium Capital Inc. acquired a new stake in Delek US in the 1st quarter valued at about $9,855,000. Bank of America Corp DE grew its stake in Delek US by 118.0% in the 1st quarter. Bank of America Corp DE now owns 846,204 shares of the oil and gas company’s stock valued at $38,138,000 after acquiring an additional 458,004 shares during the last quarter. California State Teachers Retirement System grew its stake in Delek US by 24.6% in the 1st quarter. California State Teachers Retirement System now owns 71,346 shares of the oil and gas company’s stock valued at $3,216,000 after acquiring an additional 14,068 shares during the last quarter. Finally, Empyrean Capital Partners LP acquired a new stake in Delek US in the 1st quarter valued at about $9,406,000. 97.01% of the stock is owned by institutional investors and hedge funds.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.