Delek US (DK) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last year. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" DK shares.
View DK analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 12-month price targets for Delek US's shares. Their DK share price targets range from $24.00 to $32.00. On average, they predict the company's stock price to reach $28.56 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for DK or view top-rated stocks among Wall Street analysts.

Delek US's stock was trading at $25.80 at the beginning of 2024. Since then, DK stock has increased by 16.7% and is now trading at $30.10.
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Delek US saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 8,060,000 shares, an increase of 8.8% from the February 29th total of 7,410,000 shares. Based on an average daily volume of 1,000,000 shares, the short-interest ratio is currently 8.1 days. Approximately 13.0% of the company's stock are short sold.
View Delek US's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our DK earnings forecast.

Delek US 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 US Holdings, Inc. (NYSE:DK) posted its quarterly earnings results on Tuesday, February, 27th. The oil and gas company reported ($1.46) earnings per share for the quarter, missing analysts' consensus estimates of ($1.28) by $0.18. The oil and gas company had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.55 billion. Delek US had a net margin of 0.12% and a trailing twelve-month return on equity of 18.27%. The firm's quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.88 earnings per share.

Delek US declared 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 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for DK.

Delek US (NYSE:DK) pays an annual dividend of $0.98 per share and currently has a dividend yield of 3.17%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 445.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DK will have a dividend payout ratio of 138.03% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DK.

ETFs with the largest weight of Delek US (NYSE:DK) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), Formidable ETF (FORH), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), VanEck Oil Refiners ETF (CRAK), EA Bridgeway Omni Small-Cap Value ETF (BSVO), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), Small Cap US Equity Select ETF (RNSC) and First Trust Small Cap Core AlphaDEX Fund (FYX).

75 employees have rated Delek US Chief Executive Officer Ezra Uzi Yemin on Glassdoor.com. Ezra Uzi Yemin has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Delek US investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), JPMorgan Chase & Co. (JPM), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Netflix (NFLX), Applied Materials (AMAT) and Boeing (BA).

Delek US's stock is owned by many different institutional and retail investors. Top institutional shareholders include International Assets Investment Management LLC (0.06%) and Counterpoint Mutual Funds LLC (0.01%). Insiders that own company stock include Avigal Soreq, Carl C Icahn, Delek Us Holdings, Inc, Laurie Z Tolson, Nilah Staskus, Reuven Spiegel and Robert G Wright.
View institutional ownership trends.

Shares of DK 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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