Delek US (DK) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last twelve months. 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.
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10 analysts have issued 1 year price objectives for Delek US's shares. Their DK share price targets range from $24.00 to $32.00. On average, they expect the company's share price to reach $28.56 in the next year. This suggests that the stock has a possible downside of 3.3%.
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 the year. Since then, DK shares have increased by 14.5% and is now trading at $29.54.
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Delek US saw a increase in short interest in 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 presently 8.1 days. Currently, 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) released its earnings results on Tuesday, February, 27th. The oil and gas company reported ($1.46) earnings per share (EPS) for the quarter, missing the consensus estimate 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 trailing twelve-month return on equity of 18.27% and a net margin of 0.12%. Delek US's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.88 earnings per share.

Delek US declared a quarterly dividend on Tuesday, February 20th. Investors 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 3.32%. The ex-dividend date of this dividend is Thursday, February 29th. This is a positive change 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 84.48% 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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), EA Bridgeway Omni Small-Cap Value ETF (BSVO), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Small Cap US Equity Select ETF (RNSC).

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 investors include International Assets Investment Management LLC (0.06%), Diversified Trust Co (0.02%), Counterpoint Mutual Funds LLC (0.01%) and Allspring Global Investments Holdings 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.
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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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