Equities Analysts Issue Forecasts for Delek US Q3 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Zacks Research increased their Q3 2026 earnings per share estimates for Delek US in a report released on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings of $1.77 per share for the quarter, up from their prior forecast of $1.28. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $10.10 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $7.94 EPS, Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at $0.93 EPS, Q4 2027 earnings at $1.08 EPS, FY2027 earnings at $3.26 EPS, Q1 2028 earnings at $0.57 EPS and Q2 2028 earnings at ($0.43) EPS.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $2.81. The business had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.44 billion. Delek US had a net margin of 1.86% and a return on equity of 109.03%. Delek US’s quarterly revenue was up 47.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.56) earnings per share.

DK has been the topic of several other reports. Wall Street Zen upgraded shares of Delek US from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 9th. JPMorgan Chase & Co. upped their price objective on shares of Delek US from $57.00 to $62.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Morgan Stanley increased their target price on shares of Delek US from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, June 12th. Mizuho lifted their target price on Delek US from $60.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Finally, The Goldman Sachs Group boosted their price target on Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $53.15.

Delek US Trading Down 0.6%

Shares of DK stock opened at $70.43 on Friday. The firm has a market capitalization of $4.31 billion, a P/E ratio of 19.78, a price-to-earnings-growth ratio of 1.54 and a beta of 0.57. Delek US has a 1 year low of $25.85 and a 1 year high of $72.00. The firm’s fifty day simple moving average is $60.10 and its 200 day simple moving average is $48.55. The company has a current ratio of 0.76, a quick ratio of 0.47 and a debt-to-equity ratio of 7.53.

Delek US Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.255 per share. The ex-dividend date was Monday, August 3rd. This represents a $1.02 dividend on an annualized basis and a yield of 1.4%. Delek US’s payout ratio is currently 28.65%.

Insider Transactions at Delek US

In other news, EVP Reuven Spiegel sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.21, for a total transaction of $682,100.00. Following the completion of the transaction, the executive vice president directly owned 36,435 shares of the company’s stock, valued at approximately $2,485,231.35. This trade represents a 21.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Richard J. Marcogliese sold 2,000 shares of Delek US stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $71.05, for a total transaction of $142,100.00. Following the sale, the director owned 12,880 shares in the company, valued at approximately $915,124. This trade represents a 13.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 151,077 shares of company stock worth $9,929,931. 3.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Delek US

Institutional investors have recently added to or reduced their stakes in the stock. Amundi bought a new position in shares of Delek US during the 2nd quarter worth approximately $228,000. California State Teachers Retirement System raised its stake in Delek US by 4,681.3% during the second quarter. California State Teachers Retirement System now owns 3,411,231 shares of the oil and gas company’s stock worth $173,325,000 after acquiring an additional 3,339,885 shares in the last quarter. Nykredit A S acquired a new position in Delek US during the second quarter worth $191,000. Lone Peak Global Investors LLC lifted its holdings in shares of Delek US by 6.0% during the second quarter. Lone Peak Global Investors LLC now owns 246,497 shares of the oil and gas company’s stock valued at $12,525,000 after acquiring an additional 13,861 shares during the period. Finally, Hennessy Advisors Inc. acquired a new stake in shares of Delek US in the 2nd quarter valued at $10,208,000. 97.01% of the stock is owned by institutional investors and hedge funds.

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.