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

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research upped their Q3 2026 earnings estimates for shares of Delek US in a research note issued to investors on Monday, September 21st. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of $2.05 per share for the quarter, up from their previous estimate of $1.77. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $15.83 per share. Zacks Research also issued estimates for Delek US’s Q4 2026 earnings at $1.70 EPS, FY2026 earnings at $9.31 EPS, Q1 2027 earnings at $0.94 EPS, Q2 2027 earnings at $1.52 EPS, Q3 2027 earnings at $1.73 EPS, Q4 2027 earnings at $1.68 EPS, FY2027 earnings at $5.88 EPS, Q1 2028 earnings at $0.14 EPS, Q2 2028 earnings at $0.02 EPS and FY2028 earnings at $0.02 EPS.

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

DK has been the subject of several other reports. Morgan Stanley raised their price objective on Delek US from $45.00 to $81.00 and gave the company an “equal weight” rating in a research note on Monday, September 14th. The Goldman Sachs Group raised their price target on Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Wall Street Zen raised shares of Delek US from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 9th. Weiss Ratings upgraded shares of Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Delek US from $57.00 to $62.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Delek US currently has an average rating of “Moderate Buy” and an average price target of $65.45.

Delek US Trading Down 1.6%

Shares of DK opened at $73.20 on Wednesday. The firm’s 50-day moving average is $68.68 and its two-hundred day moving average is $53.52. Delek US has a twelve month low of $25.85 and a twelve month high of $82.27. The company has a current ratio of 0.76, a quick ratio of 0.47 and a debt-to-equity ratio of 7.53. The firm has a market capitalization of $4.48 billion, a P/E ratio of 20.56, a PEG ratio of 0.37 and a beta of 0.59.

Hedge Funds Weigh In On Delek US

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new position in shares of Delek US during the 2nd quarter worth $30,000. EverSource Wealth Advisors LLC increased its position in Delek US by 173.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock worth $29,000 after buying an additional 614 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Delek US during the second quarter worth $61,000. Rockefeller Capital Management L.P. raised its holdings in Delek US by 1,327.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,955 shares of the oil and gas company’s stock valued at $58,000 after buying an additional 1,818 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of Delek US by 350.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,037 shares of the oil and gas company’s stock worth $60,000 after buying an additional 1,585 shares during the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Delek US news, EVP Reuven Spiegel sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $68.21, for a total transaction of $682,100.00. Following the sale, the executive vice president owned 36,435 shares in the company, valued at approximately $2,485,231.35. The trade was a 21.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Jr. Sullivan sold 27,688 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.01, for a total transaction of $1,910,748.88. Following the sale, the director directly owned 32,004 shares of the company’s stock, valued at $2,208,596.04. This represents a 46.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 168,377 shares of company stock worth $11,339,985. Corporate insiders own 3.56% of the company’s stock.

Delek US Dividend Announcement

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

More Delek US News

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

• Positive Sentiment: Zacks Research raised several earnings forecasts and maintained a “Strong-Buy” rating. Estimates increased for Q3 2026 EPS to $2.05 from $1.77, Q4 2026 to $1.70 from $0.61, and full-year 2026 to $9.31 from $7.94. These revisions suggest analysts see improved operating conditions for Delek US’s refining business.
• Positive Sentiment: Longer-term estimates also improved materially. Zacks raised FY2027 EPS to $5.88 from $3.26, Q1 2027 to $0.94 from $0.41, Q2 2027 to $1.52 from $0.84, Q3 2027 to $1.73 from $0.93, and Q4 2027 to $1.68 from $1.08. It also moved FY2028 expectations from a $0.28 loss to $0.02 of earnings. Delek vs. HF Sinclair: Which Refining Stock Has More Upside Potential?
• Positive Sentiment: Analyst sentiment remains favorable. A separate analyst roundup assigned DK an average “Moderate Buy” rating, while recent commentary cited Delek’s strong stock performance, lower valuation, and significant EPS estimate revisions as potential upside factors. Delek US Holdings Given Average Rating of Moderate Buy by Analysts
• Neutral Sentiment: Delek US is benefiting from expectations for strong refining markets, similar to HF Sinclair. However, the stock’s outlook remains sensitive to refining margins and energy-market volatility. Delek vs. HF Sinclair: Which Refining Stock Has More Upside Potential?
• Negative Sentiment: Not all revisions were favorable. Zacks cut Q1 2028 EPS to $0.14 from $0.57, indicating weaker expectations for that period. FY2028 EPS remains only $0.02, which may temper enthusiasm about Delek’s long-term earnings trajectory.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is a downstream energy company engaged primarily in petroleum refining, wholesale fuel marketing and logistics. The company produces transportation fuels and other refined petroleum products, including gasoline, diesel, jet fuel and asphalt.

Delek US operates refineries in the southern United States, including facilities in Texas, Arkansas and Louisiana. Its refining operations are supported by crude oil gathering, transportation, storage and other logistics activities conducted through Delek Logistics Partners, a publicly traded master limited partnership that is managed and partially owned by Delek US.

Founded in 2001 and headquartered in Brentwood, Tennessee, Delek US serves regional markets across the central and southeastern United States.