Brokers Offer Predictions for Delek US FY2027 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Stock analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of Delek US in a report issued on Monday, March 17th. Zacks Research analyst R. Department forecasts that the oil and gas company will earn $2.76 per share for the year. The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share.

A number of other brokerages have also recently issued reports on DK. Wolfe Research raised Delek US from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Mizuho decreased their price target on Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Wells Fargo & Company decreased their price target on Delek US from $17.00 to $15.00 and set an “underweight” rating for the company in a research note on Wednesday, February 26th. Piper Sandler decreased their price target on Delek US from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. Finally, Morgan Stanley decreased their price target on Delek US from $19.00 to $18.00 and set an “underweight” rating for the company in a research note on Friday, March 14th. Five investment analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $20.30.

Delek US Price Performance

Shares of DK opened at $17.46 on Wednesday. Delek US has a 12-month low of $13.40 and a 12-month high of $33.60. The business has a 50-day simple moving average of $17.47 and a two-hundred day simple moving average of $18.02. The company has a quick ratio of 0.67, a current ratio of 1.04 and a debt-to-equity ratio of 3.18. The stock has a market cap of $1.09 billion, a PE ratio of -3.59 and a beta of 1.14.

Delek US (NYSE:DK) last issued its earnings results on Tuesday, February 25th. The oil and gas company reported ($2.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.53) by ($1.01). Delek US had a negative return on equity of 28.21% and a negative net margin of 2.27%. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same period in the previous year, the company earned ($1.46) EPS. Delek US’s revenue for the quarter was down 39.8% on a year-over-year basis.

Delek US Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, March 3rd were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.02 annualized dividend and a yield of 5.84%. Delek US’s dividend payout ratio is currently -11.54%.

Insider Buying and Selling

In other Delek US news, CFO Mark Wayne Hobbs bought 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of $13.70 per share, with a total value of $38,360.00. Following the completion of the purchase, the chief financial officer now directly owns 49,138 shares of the company’s stock, valued at approximately $673,190.60. This trade represents a 6.04 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders acquired 5,055 shares of company stock valued at $70,787 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sterling Capital Management LLC boosted its holdings in Delek US by 728.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,491 shares of the oil and gas company’s stock worth $28,000 after acquiring an additional 1,311 shares in the last quarter. KBC Group NV boosted its holdings in Delek US by 66.3% in the fourth quarter. KBC Group NV now owns 3,859 shares of the oil and gas company’s stock worth $71,000 after acquiring an additional 1,538 shares in the last quarter. ARS Investment Partners LLC bought a new position in Delek US in the fourth quarter worth approximately $185,000. Capstone Investment Advisors LLC bought a new position in Delek US in the third quarter worth approximately $193,000. Finally, Abel Hall LLC bought a new position in Delek US in the fourth quarter worth approximately $196,000. Institutional investors 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.