Delek Logistics Partners (DKL) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DKL shares.
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3 brokers have issued twelve-month price targets for Delek Logistics Partners' stock. Their DKL share price targets range from $45.00 to $46.00. On average, they predict the company's share price to reach $45.33 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
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Delek Logistics Partners' stock was trading at $43.17 at the start of the year. Since then, DKL shares have decreased by 10.9% and is now trading at $38.46.
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Delek Logistics Partners saw a decline in short interest in March. As of March 31st, there was short interest totaling 27,600 shares, a decline of 44.5% from the March 15th total of 49,700 shares. Based on an average daily volume of 73,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company's stock are short sold.
View Delek Logistics Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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Delek Logistics Partners will be holding an earnings conference call on Tuesday, May 7th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Delek Logistics Partners, LP (NYSE:DKL) issued its earnings results on Tuesday, February, 27th. The oil and gas producer reported $0.85 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.85. The oil and gas producer earned $254.15 million during the quarter, compared to analyst estimates of $272.51 million. Delek Logistics Partners had a net margin of 12.37% and a negative trailing twelve-month return on equity of 102.99%.

Delek Logistics Partners announced a quarterly dividend on Tuesday, February 20th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.245 per share on Friday, March 8th. This represents a $0.98 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for DKL.

Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.22 per share and currently has a dividend yield of 11.20%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 145.52%. 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 104.46% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DKL.

ETFs with the largest weight of Delek Logistics Partners (NYSE:DKL) stock in their portfolio include InfraCap MLP ETF (AMZA), Multi-Asset Diversified Income Index Fund (MDIV), Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Goldman Sachs ETF Trust Goldman (GPOW), Global X MLP & Energy Infrastructure ETF (MLPX).Tortoise North American Pipeline Fund (TPYP) and

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).

Delek Logistics Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Future Financial Wealth Managment LLC (0.00%). 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.
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Shares of DKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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