Zacks Research Has Bullish Forecast for Delek US Q3 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Stock analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Delek US in a research note issued on Thursday, June 11th. Zacks Research analyst Team now expects that the oil and gas company will post earnings of $1.12 per share for the quarter, up from their prior estimate of $1.07. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $0.11 EPS, FY2026 earnings at $1.89 EPS, Q2 2027 earnings at $0.61 EPS and Q3 2027 earnings at $0.33 EPS.

Delek US (NYSE:DK) last posted its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, beating the consensus estimate of ($1.42) by $1.50. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.33 billion. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The firm’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned ($2.32) EPS.

A number of other research analysts also recently issued reports on DK. Raymond James Financial raised their price target on Delek US from $47.00 to $54.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 25th. Scotiabank raised Delek US to a “hold” rating in a research report on Friday, March 27th. UBS Group increased their price target on Delek US from $42.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. Morgan Stanley set a $41.00 target price on Delek US in a research report on Monday, May 4th. Finally, Wall Street Zen raised Delek US from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $44.69.

Delek US Stock Performance

Shares of Delek US stock opened at $47.14 on Friday. The company has a debt-to-equity ratio of 10.51, a current ratio of 0.76 and a quick ratio of 0.49. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -51.80, a price-to-earnings-growth ratio of 0.33 and a beta of 0.60. The business has a 50-day moving average of $43.96 and a 200 day moving average of $38.20. Delek US has a 12 month low of $19.78 and a 12 month high of $50.33.

Institutional Trading of Delek US

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ION Fund Management Ltd bought a new stake in shares of Delek US in the 4th quarter worth about $52,427,000. Norges Bank bought a new position in shares of Delek US during the 4th quarter worth approximately $48,374,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Delek US by 6,300.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,306,269 shares of the oil and gas company’s stock worth $42,153,000 after acquiring an additional 1,285,861 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Delek US by 1,516.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 996,059 shares of the oil and gas company’s stock worth $29,544,000 after purchasing an additional 934,448 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in Delek US by 1,173.2% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 954,900 shares of the oil and gas company’s stock worth $28,322,000 after purchasing an additional 879,900 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Delek US news, Director Shlomo Zohar sold 7,343 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $46.00, for a total value of $337,778.00. Following the sale, the director owned 6,646 shares of the company’s stock, valued at approximately $305,716. This trade represents a 52.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vicky Sutil sold 1,871 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $48.00, for a total transaction of $89,808.00. Following the sale, the director directly owned 29,368 shares in the company, valued at approximately $1,409,664. The trade was a 5.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 46,613 shares of company stock worth $2,136,496 in the last three months. Insiders own 3.56% of the company’s stock.

Delek US Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were issued a $0.255 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.02 annualized dividend and a dividend yield of 2.2%. Delek US’s dividend payout ratio (DPR) is presently -112.09%.

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.