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

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research lifted their Q2 2026 earnings estimates for Delek US in a research note issued to investors on Tuesday, July 28th. Zacks Research analyst Team now expects that the oil and gas company will post earnings of $0.68 per share for the quarter, up from their prior estimate of $0.63. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $8.30 per share. Zacks Research also issued estimates for Delek US’s Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $0.19 EPS, FY2026 earnings at $2.22 EPS, Q1 2027 earnings at $0.36 EPS, Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.35 EPS, Q4 2027 earnings at $0.86 EPS, FY2027 earnings at $2.21 EPS and Q2 2028 earnings at $0.20 EPS.

Delek US (NYSE:DK) last released its earnings results 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 for the quarter, compared to analyst estimates of $2.33 billion. Delek US had a negative net margin of 0.48% and a positive return on equity of 22.90%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the firm earned ($2.32) EPS.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group lifted their price objective on shares of Delek US from $58.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Wall Street Zen upgraded Delek US from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 18th. Morgan Stanley upped their price objective on Delek US from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, June 12th. Mizuho upped their price objective on shares of Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings lowered Delek US from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Delek US presently has an average rating of “Hold” and an average price target of $51.92.

Delek US Stock Performance

Shares of Delek US stock opened at $62.95 on Wednesday. The company has a 50 day moving average of $51.03 and a 200-day moving average of $42.94. Delek US has a 1-year low of $19.81 and a 1-year high of $68.93. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 10.51. The company has a market cap of $3.86 billion, a PE ratio of -69.18, a price-to-earnings-growth ratio of 1.70 and a beta of 0.58.

Institutional Investors Weigh In On Delek US

Large investors have recently added to or reduced their stakes in the business. ION Fund Management Ltd bought a new stake in Delek US in the fourth quarter worth approximately $52,427,000. Norges Bank bought a new stake in shares of Delek US in the 4th quarter worth $48,374,000. Arrowstreet Capital Limited Partnership increased its stake in Delek US by 6,300.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,306,269 shares of the oil and gas company’s stock valued at $42,153,000 after buying an additional 1,285,861 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Delek US by 1,516.7% during the fourth 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 acquiring an additional 934,448 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Delek US by 1,173.2% in 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 buying an additional 879,900 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Delek US

In other Delek US news, Director Vicky Sutil sold 1,871 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $48.00, for a total transaction of $89,808.00. Following the sale, the director owned 29,368 shares of the company’s stock, valued at approximately $1,409,664. This represents a 5.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William J. Finnerty sold 5,000 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $51.50, for a total value of $257,500.00. Following the sale, the director owned 34,805 shares of the company’s stock, valued at approximately $1,792,457.50. The trade was a 12.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 39,270 shares of company stock valued at $1,828,718 over the last 90 days. 3.56% of the stock is owned by company insiders.

Delek US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, August 3rd will be paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 3rd. Delek US’s dividend payout ratio is currently -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.