Zacks Research Weighs in on Delek US’s Q2 Earnings (NYSE:DK)

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for Delek US in a research note issued to investors on Thursday, September 25th. Zacks Research analyst Team now forecasts that the oil and gas company will earn $0.27 per share for the quarter, up from their previous forecast of $0.23. The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, August 6th. The oil and gas company reported ($0.56) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter last year, the firm earned ($0.92) earnings per share. The firm’s revenue was down 16.4% compared to the same quarter last year.

DK has been the topic of several other research reports. Wells Fargo & Company lifted their target price on shares of Delek US from $11.00 to $15.00 and gave the company an “underweight” rating in a report on Wednesday, June 11th. Piper Sandler increased their price objective on shares of Delek US from $29.00 to $34.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. TD Cowen upgraded shares of Delek US from a “sell” rating to a “hold” rating and upped their price target for the company from $15.00 to $28.00 in a research report on Friday, September 19th. Bank of America increased their target price on shares of Delek US from $14.00 to $24.00 and gave the stock an “underperform” rating in a research report on Wednesday, September 3rd. Finally, Cowen upgraded shares of Delek US from a “sell” rating to a “hold” rating in a report on Friday, September 19th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Delek US presently has a consensus rating of “Hold” and an average target price of $26.54.

Delek US Trading Down 2.4%

Shares of DK opened at $32.77 on Friday. The company has a debt-to-equity ratio of 10.48, a current ratio of 0.80 and a quick ratio of 0.50. The firm has a 50 day simple moving average of $26.28 and a 200-day simple moving average of $20.70. Delek US has a 1-year low of $11.02 and a 1-year high of $34.50. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -2.67 and a beta of 1.09.

Institutional Investors Weigh In On Delek US

Large investors have recently bought and sold shares of the company. CWM LLC increased its position in shares of Delek US by 100.9% during the first quarter. CWM LLC now owns 2,318 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 1,164 shares in the last quarter. AlphaQuest LLC increased its position in shares of Delek US by 7,331.8% during the second quarter. AlphaQuest LLC now owns 1,635 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 1,613 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new stake in shares of Delek US during the first quarter worth $47,000. GAMMA Investing LLC increased its position in shares of Delek US by 907.0% during the first quarter. GAMMA Investing LLC now owns 4,159 shares of the oil and gas company’s stock worth $63,000 after acquiring an additional 3,746 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Delek US during the first quarter worth $95,000. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Robert G. Wright sold 7,135 shares of the company’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 transaction, the chief financial officer directly owned 48,294 shares in the company, valued at approximately $1,412,116.56. This represents a 12.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.80% of the company’s stock.

Delek US Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Shareholders of record on Monday, August 11th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, August 11th. Delek US’s dividend payout ratio is currently -8.30%.

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.