Zacks Research Has Bullish Forecast for Delek US Q3 Earnings

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Zacks Research upped their Q3 2026 EPS estimates for Delek US in a research report issued to clients and investors on Friday, May 29th. Zacks Research analyst Team now anticipates that the oil and gas company will earn $1.05 per share for the quarter, up from their previous estimate of $1.00. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $4.96 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $0.09 EPS, FY2026 earnings at $1.81 EPS, Q2 2027 earnings at $0.58 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $1.26 EPS.

DK has been the topic of several other reports. Citigroup increased their price objective on shares of Delek US from $33.00 to $44.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. TD Cowen dropped their price objective on shares of Delek US from $60.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Scotiabank raised shares of Delek US to a “hold” rating in a research report on Friday, March 27th. The Goldman Sachs Group raised shares of Delek US from a “neutral” rating to a “buy” rating and increased their price objective for the company from $43.00 to $55.00 in a research report on Friday, April 10th. Finally, Wall Street Zen raised shares of 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 issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $44.69.

Delek US Price Performance

Shares of DK opened at $44.40 on Monday. The firm has a market capitalization of $2.72 billion, a PE ratio of -48.80, a PEG ratio of 0.30 and a beta of 0.60. The company’s 50-day moving average is $43.56 and its 200-day moving average is $37.74. Delek US has a fifty-two week low of $18.12 and a fifty-two week high of $49.50. The company has a debt-to-equity ratio of 10.51, a current ratio of 0.76 and a quick ratio of 0.49.

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

Institutional Investors Weigh In On Delek US

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Thoroughbred Financial Services LLC raised its position in shares of Delek US by 1.3% in the fourth quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock valued at $805,000 after buying an additional 348 shares in the last quarter. New York State Common Retirement Fund grew its stake in Delek US by 1.8% during the fourth quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock worth $654,000 after buying an additional 400 shares in the last quarter. Aster Capital Management DIFC Ltd grew its stake in Delek US by 23.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,259 shares of the oil and gas company’s stock worth $67,000 after buying an additional 425 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake 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 buying an additional 432 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in Delek US by 2.2% during the second quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock worth $492,000 after buying an additional 507 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director William J. Finnerty sold 5,000 shares of Delek US stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $45.50, for a total value of $227,500.00. Following the completion of the sale, the director directly owned 41,369 shares in the company, valued at approximately $1,882,289.50. The trade was a 10.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laurie Z. Tolson sold 4,921 shares of Delek US stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $46.30, for a total transaction of $227,842.30. Following the completion of the sale, the director owned 18,226 shares of the company’s stock, valued at approximately $843,863.80. The trade was a 21.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 197,736 shares of company stock valued at $8,433,442 in the last quarter. Corporate insiders own 3.56% of the company’s stock.

Delek US Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, May 1st. Delek US’s payout ratio is presently -112.09%.

Key Stories Impacting Delek US

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

• Positive Sentiment: Zacks Research raised its earnings forecasts for Delek US across several periods, including FY2026, Q2/Q3/Q4 2027, and FY2027, signaling better expected fundamentals and potentially supporting the stock. Delek US Holdings, Inc. (NYSE:DK) free report
• Positive Sentiment: A separate article highlighted Delek US as one of the better oil stocks to own amid geopolitical tensions in the Middle East, pointing to the company’s cash-flow improvement efforts and the benefit of stronger energy-market sentiment. Insider Monkey article on DK
• Neutral Sentiment: One note from Zacks Research downgraded Delek US from strong-buy to hold, which introduces some caution and may limit upside despite the stronger earnings revisions. Zacks Research downgrade

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.