Scotiabank Has Bullish Outlook for Delek US FY2026 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Analysts at Scotiabank upped their FY2026 earnings estimates for shares of Delek US in a research note issued on Thursday, March 5th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will post earnings of $1.70 per share for the year, up from their previous forecast of ($3.20). The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share. Scotiabank also issued estimates for Delek US’s FY2027 earnings at $2.55 EPS.

Delek US (NYSE:DK) last released its quarterly earnings results on Friday, February 27th. The oil and gas company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.63. Delek US had a negative net margin of 0.21% and a negative return on equity of 13.55%. The business had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the previous year, the company earned ($2.54) earnings per share. The business’s revenue for the quarter was up 2.3% on a year-over-year basis.

DK has been the topic of several other reports. Citigroup reduced their target price on Delek US from $37.00 to $33.00 and set a “neutral” rating on the stock in a research report on Monday, January 26th. TD Cowen boosted their price target on Delek US from $28.00 to $44.00 and gave the stock a “hold” rating in a research note on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Delek US in a report on Wednesday, January 21st. Morgan Stanley lowered their target price on shares of Delek US from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 27th. Finally, Mizuho boosted their target price on shares of Delek US from $45.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $39.46.

Delek US Stock Down 5.4%

Delek US stock opened at $42.35 on Monday. The company has a debt-to-equity ratio of 5.89, a current ratio of 0.82 and a quick ratio of 0.53. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of -121.00 and a beta of 0.75. Delek US has a 1-year low of $11.02 and a 1-year high of $45.74. The business has a fifty day moving average price of $32.38 and a 200-day moving average price of $33.44.

Delek US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be given a $0.255 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.02 dividend on an annualized basis and a yield of 2.4%. Delek US’s dividend payout ratio is currently -291.43%.

Insider Transactions at Delek US

In related news, CEO Avigal Soreq sold 50,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $41.08, for a total value of $2,054,000.00. Following the transaction, the chief executive officer owned 251,678 shares in the company, valued at approximately $10,338,932.24. This represents a 16.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Reuven Spiegel sold 20,000 shares of Delek US stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $42.84, for a total transaction of $856,800.00. Following the sale, the executive vice president owned 48,530 shares of the company’s stock, valued at approximately $2,079,025.20. The trade was a 29.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 142,764 shares of company stock valued at $5,989,317 over the last quarter. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Delek US

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC lifted its holdings in shares of Delek US by 1.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock valued at $805,000 after buying an additional 348 shares during the period. New York State Common Retirement Fund grew its holdings in Delek US by 1.8% during the fourth quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock worth $654,000 after acquiring an additional 400 shares during the period. Aster Capital Management DIFC Ltd raised its position in Delek US by 23.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,259 shares of the oil and gas company’s stock valued at $67,000 after acquiring an additional 425 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in Delek US by 95.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 432 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in Delek US by 2.2% in the second quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock valued at $492,000 after acquiring an additional 507 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Key Delek US News

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: TD Cowen raised its price target from $28 to $44 (hold), narrowing upside uncertainty and signaling improving analyst visibility. Finviz
• Positive Sentiment: Quarterly results: Delek US reported a surprise EPS beat ($0.44 vs. est. -$0.19), which is supportive for the shares despite a slight revenue shortfall. (Source: company/market coverage)
• Positive Sentiment: Dividend declared: a $0.255 quarterly dividend (annualized $1.02, ~2.3% yield) payable March 9 — offers short-term income support for the stock.
• Neutral Sentiment: Institutional activity: several large funds have adjusted positions recently (mix of increases and new stakes); institutional ownership remains high (~97%), which can both stabilize and concentrate stock moves.
• Negative Sentiment: CEO sale: CEO Avigal Soreq sold 50,000 shares (~$2.05M at ~$41.08). Large insider sales from the CEO often trigger investor concern about timing and outlook. CEO Sale — SEC filing: Form 4
• Negative Sentiment: Additional insider selling: multiple executives and directors sold sizable stakes in early March (EVPs Reuven Spiegel — 20,000 sh; Joseph Israel — 38,000 sh; Directors Shlomo Zohar and William Finnerty also sold). The cluster of senior-level sales is adding downward pressure. Relevant SEC filings: Spiegel (Read More.), Israel (Read More.), Zohar (Read More.), Finnerty (Read More.).
• Negative Sentiment: Analyst moves mixed-to-negative: Citi and Piper Sandler trimmed price targets (to $33 and $40 respectively) and Weiss reiterated a sell — these downward revisions amplify selling pressure even as some shops (e.g., Mizuho) remain bullish.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.