Scotiabank Weighs in on Delek US’s FY2025 Earnings (NYSE:DK)

Delek US Holdings, Inc. (NYSE:DK) – Research analysts at Scotiabank decreased their FY2025 earnings per share estimates for Delek US in a report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the oil and gas company will post earnings per share of ($3.35) for the year, down from their previous forecast of ($3.00). The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share. Scotiabank also issued estimates for Delek US’s FY2026 earnings at ($1.40) EPS.

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

Several other research analysts have also recently weighed in on DK. Mizuho decreased their target price 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 upped their target price on Delek US from $15.00 to $16.00 and gave the company an “underweight” rating in a report on Friday. JPMorgan Chase & Co. upped their target price on Delek US from $21.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Morgan Stanley reduced their target price on Delek US from $19.00 to $18.00 and set an “underweight” rating for the company in a report on Friday, March 14th. Finally, Piper Sandler reduced their target price on Delek US from $18.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Five research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.40.

Delek US Trading Down 2.7 %

Shares of DK stock opened at $16.98 on Monday. The stock has a 50-day simple moving average of $17.43 and a 200 day simple moving average of $17.96. Delek US has a fifty-two week low of $13.40 and a fifty-two week high of $33.60. The stock has a market capitalization of $1.06 billion, a P/E ratio of -3.49 and a beta of 1.14. The company has a quick ratio of 0.67, a current ratio of 1.04 and a debt-to-equity ratio of 3.18.

Delek US Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, March 3rd were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 6.01%. The ex-dividend date of this dividend was Monday, March 3rd. Delek US’s dividend payout ratio is currently -11.54%.

Insider Buying and Selling

In other Delek US news, CFO Mark Wayne Hobbs acquired 2,800 shares of Delek US stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of $13.70 per share, with a total value of $38,360.00. Following the purchase, the chief financial officer now owns 49,138 shares in the company, valued at approximately $673,190.60. The trade was a 6.04 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders acquired 5,055 shares of company stock valued at $70,787. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Delek US

Several institutional investors have recently made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Delek US during the 4th quarter valued at about $3,982,000. Mackenzie Financial Corp lifted its holdings in shares of Delek US by 67.8% during the 4th quarter. Mackenzie Financial Corp now owns 39,617 shares of the oil and gas company’s stock valued at $733,000 after buying an additional 16,009 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in shares of Delek US during the 4th quarter valued at about $363,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Delek US during the 4th quarter valued at about $780,000. Finally, GTS Securities LLC acquired a new stake in shares of Delek US during the 4th quarter valued at about $390,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

About Delek US

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.