What is Zacks Research’s Forecast for Delek US Q3 Earnings?

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Zacks Research raised their Q3 2026 earnings estimates for Delek US in a research note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of $0.15 for the quarter, up from their prior estimate of $0.14. The consensus estimate for Delek US’s current full-year earnings is ($4.40) per share.

Delek US (NYSE:DK) last released its earnings results on Wednesday, November 6th. The oil and gas company reported ($1.45) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.71) by $0.26. Delek US had a negative net margin of 2.27% and a negative return on equity of 28.21%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the prior year, the firm earned $2.02 EPS. The company’s revenue was down 34.3% compared to the same quarter last year.

DK has been the topic of several other reports. JPMorgan Chase & Co. upped their price target on shares of Delek US from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Morgan Stanley dropped their target price on shares of Delek US from $24.00 to $22.00 and set an “underweight” rating for the company in a report on Monday, September 16th. Bank of America began coverage on shares of Delek US in a report on Thursday, October 17th. They issued an “underperform” rating and a $15.00 price objective for the company. Mizuho dropped their price objective on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Finally, Scotiabank dropped their price objective on shares of Delek US from $25.00 to $22.00 and set a “sector perform” rating for the company in a report on Thursday, October 10th. Five equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $21.00.

Delek US Stock Performance

NYSE:DK opened at $18.62 on Friday. Delek US has a 1 year low of $15.36 and a 1 year high of $33.60. The firm has a market capitalization of $1.18 billion, a PE ratio of -3.83 and a beta of 1.22. The firm’s fifty day simple moving average is $17.79 and its 200 day simple moving average is $19.83. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 3.18.

Institutional Trading of Delek US

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. River Road Asset Management LLC increased its stake in Delek US by 1.1% during the 3rd quarter. River Road Asset Management LLC now owns 4,100,268 shares of the oil and gas company’s stock valued at $76,880,000 after purchasing an additional 45,949 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Delek US by 17.2% during the 3rd quarter. Victory Capital Management Inc. now owns 3,279,590 shares of the oil and gas company’s stock worth $61,492,000 after acquiring an additional 480,614 shares during the last quarter. State Street Corp boosted its holdings in Delek US by 8.0% during the 3rd quarter. State Street Corp now owns 3,019,307 shares of the oil and gas company’s stock worth $56,612,000 after acquiring an additional 223,110 shares during the last quarter. Rubric Capital Management LP purchased a new position in Delek US during the 3rd quarter worth $37,500,000. Finally, FMR LLC boosted its holdings in Delek US by 47.3% during the 3rd quarter. FMR LLC now owns 1,707,773 shares of the oil and gas company’s stock worth $32,021,000 after acquiring an additional 548,777 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Delek US Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.02 dividend on an annualized basis and a yield of 5.48%. Delek US’s dividend payout ratio (DPR) is presently -20.99%.

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.