What is Zacks Research’s Estimate for Delek US Q2 Earnings?

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Zacks Research lifted their Q2 2026 earnings estimates for Delek US in a report issued on Thursday, September 4th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings of $0.23 per share for the quarter, up from their previous estimate of $0.16. The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share.

A number of other research analysts have also recently weighed in on DK. The Goldman Sachs Group boosted their price objective on shares of Delek US from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, May 23rd. Bank of America boosted their price objective on shares of Delek US from $14.00 to $24.00 and gave the company an “underperform” rating in a research report on Wednesday. Piper Sandler boosted their price objective on shares of Delek US from $17.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Citigroup reiterated a “neutral” rating and set a $30.00 price objective (up previously from $15.00) on shares of Delek US in a research report on Wednesday, July 16th. Finally, Mizuho upgraded shares of Delek US from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $22.00 to $23.00 in a research report on Tuesday, May 13th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, Delek US presently has a consensus rating of “Reduce” and a consensus price target of $23.77.

Delek US Trading Down 2.0%

Shares of DK opened at $31.29 on Friday. The company’s fifty day moving average is $24.23 and its 200 day moving average is $19.10. Delek US has a fifty-two week low of $11.02 and a fifty-two week high of $32.48. The stock has a market capitalization of $1.88 billion, a PE ratio of -2.55 and a beta of 1.09. The company has a debt-to-equity ratio of 10.48, a quick ratio of 0.50 and a current ratio of 0.80.

Delek US (NYSE:DK) last announced its quarterly earnings results on Wednesday, August 6th. The oil and gas company reported ($0.56) earnings per share for the quarter, topping the consensus estimate of ($0.92) by $0.36. Delek US had a negative net margin of 7.11% and a negative return on equity of 79.27%. The company had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the previous year, the business posted ($0.92) earnings per share. Delek US’s quarterly revenue was down 16.4% on a year-over-year basis.

Delek US Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 18th. Shareholders of record on Monday, August 11th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.02 dividend on an annualized basis and a yield of 3.3%. Delek US’s dividend payout ratio (DPR) is currently -8.30%.

Insider Transactions at Delek US

In other Delek US news, CFO Robert G. Wright sold 7,135 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $29.24, for a total transaction of $208,627.40. Following the completion of the transaction, the chief financial officer directly owned 48,294 shares of the company’s stock, valued at approximately $1,412,116.56. This trade represents a 12.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Delek US

A number of hedge funds and other institutional investors have recently made changes to their positions in DK. T. Rowe Price Investment Management Inc. acquired a new stake in Delek US in the 1st quarter valued at $13,728,000. Nuveen LLC acquired a new stake in Delek US in the 1st quarter valued at $13,629,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in Delek US by 113.5% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,601,777 shares of the oil and gas company’s stock valued at $33,926,000 after acquiring an additional 851,458 shares during the period. Millennium Management LLC grew its stake in Delek US by 1,199.2% in the 4th quarter. Millennium Management LLC now owns 870,257 shares of the oil and gas company’s stock valued at $16,100,000 after acquiring an additional 803,274 shares during the period. Finally, Deprince Race & Zollo Inc. acquired a new stake in Delek US in the 4th quarter valued at $13,680,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Delek US Company Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal.