Scotiabank Has Positive Outlook of Delek US FY2026 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Research analysts at Scotiabank upped their FY2026 earnings estimates for Delek US in a report released on Thursday, March 5th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will earn $1.70 per share for the year, up from their prior estimate of ($3.20). The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share. Scotiabank also issued estimates for Delek US’s FY2027 earnings at $2.55 EPS.

Delek US (NYSE:DK) last released its quarterly earnings data on Friday, February 27th. The oil and gas company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.63. The company had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Delek US had a negative net margin of 0.21% and a negative return on equity of 13.55%. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($2.54) earnings per share.

Several other brokerages have also weighed in on DK. Morgan Stanley cut their price target on Delek US from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 27th. Piper Sandler lowered their price target on Delek US from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Mizuho raised their price objective on Delek US from $45.00 to $51.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Citigroup cut their price objective on Delek US from $37.00 to $33.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Finally, TD Cowen upped their target price on Delek US from $28.00 to $44.00 and gave the stock a “hold” rating in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $39.46.

Delek US Trading Down 5.4%

DK stock opened at $42.35 on Monday. Delek US has a 52-week low of $11.02 and a 52-week high of $45.74. The company has a quick ratio of 0.53, a current ratio of 0.82 and a debt-to-equity ratio of 5.89. The firm has a market cap of $2.54 billion, a P/E ratio of -121.00 and a beta of 0.75. The company’s 50-day simple moving average is $32.38 and its 200-day simple moving average is $33.44.

Hedge Funds Weigh In On Delek US

Hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its position in Delek US by 95.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock worth $26,000 after acquiring an additional 432 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Delek US in the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its holdings in Delek US by 173.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock valued at $29,000 after acquiring an additional 614 shares during the last quarter. Torren Management LLC purchased a new position in Delek US in the 4th quarter worth approximately $40,000. Finally, Focus Partners Wealth purchased a new position in Delek US in the 3rd quarter worth approximately $44,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director William J. Finnerty sold 5,392 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $42.75, for a total transaction of $230,508.00. Following the completion of the sale, the director directly owned 46,369 shares in the company, valued at approximately $1,982,274.75. The trade was a 10.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Shlomo Zohar sold 22,029 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $44.83, for a total value of $987,560.07. Following the completion of the transaction, the director directly owned 18,989 shares of the company’s stock, valued at approximately $851,276.87. This represents a 53.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 142,764 shares of company stock worth $5,989,317 in the last quarter. 1.90% of the stock is owned by insiders.

Delek US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be issued a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 2.4%. The ex-dividend date is Monday, March 2nd. Delek US’s payout ratio is presently -291.43%.

Delek US News Summary

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: TD Cowen raised its price target from $28 to $44 (hold), narrowing upside uncertainty and signaling improving analyst visibility. Finviz
• Positive Sentiment: Quarterly results: Delek US reported a surprise EPS beat ($0.44 vs. est. -$0.19), which is supportive for the shares despite a slight revenue shortfall. (Source: company/market coverage)
• Positive Sentiment: Dividend declared: a $0.255 quarterly dividend (annualized $1.02, ~2.3% yield) payable March 9 — offers short-term income support for the stock.
• Neutral Sentiment: Institutional activity: several large funds have adjusted positions recently (mix of increases and new stakes); institutional ownership remains high (~97%), which can both stabilize and concentrate stock moves.
• Negative Sentiment: CEO sale: CEO Avigal Soreq sold 50,000 shares (~$2.05M at ~$41.08). Large insider sales from the CEO often trigger investor concern about timing and outlook. CEO Sale — SEC filing: Form 4
• Negative Sentiment: Additional insider selling: multiple executives and directors sold sizable stakes in early March (EVPs Reuven Spiegel — 20,000 sh; Joseph Israel — 38,000 sh; Directors Shlomo Zohar and William Finnerty also sold). The cluster of senior-level sales is adding downward pressure. Relevant SEC filings: Spiegel (Read More.), Israel (Read More.), Zohar (Read More.), Finnerty (Read More.).
• Negative Sentiment: Analyst moves mixed-to-negative: Citi and Piper Sandler trimmed price targets (to $33 and $40 respectively) and Weiss reiterated a sell — these downward revisions amplify selling pressure even as some shops (e.g., Mizuho) remain bullish.

Delek US Company Profile

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.