Delek US Holdings Inc (NYSE: DK): Is It A Gold Mine Or A Disaster In The Making?

In the last trading session, 1.11 million shares of the Delek US Holdings Inc (NYSE:DK) were traded, and its beta was 0.76. Most recently the company’s share price was $12.14, and it changed around -$0.4 or -3.19% from the last close, which brings the market valuation of the company to $751.05M. DK currently trades at a discount to its 52-week high of $31.55, offering almost -159.88% off that amount. The share price’s 52-week low was $11.02, which indicates that the current value has risen by an impressive 9.23% since then. We note from Delek US Holdings Inc’s average daily trading volume that its 10-day average is 1.87 million shares, with the 3-month average coming to 1.56 million.

Delek US Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.29. If we narrow it down even further, the data shows that 3 out of 14 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 8 recommended DK as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight.

Delek US Holdings Inc (NYSE:DK) trade information

Instantly DK has showed a red trend with a performance of -3.19% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 13.27 on recent trading dayincreased the stock’s daily price by 8.52%. The company’s shares are currently down -34.38% year-to-date, but still up 5.11% over the last five days. On the other hand, Delek US Holdings Inc (NYSE:DK) is -24.17% down in the 30-day period. We can see from the shorts that 9.1 million shares have been sold at a short interest cover period of 5.23 day(s).

The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to increase their stock price by 19.07% from its current value. Analyst projections state that DK is forecast to be at a low of $15 and a high of $15.

Delek US Holdings Inc earnings are expected to increase by 14.44% in 2025, but the outlook is positive 32.76% per year for the next five years.

DK Dividends

Delek US Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24. The annual dividend yield of the stock is 8.36 percent and its annual dividend per share was 1.01. It is important to note, however, that the 8.36% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.48 per year.

Delek US Holdings Inc (NYSE:DK)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.81% of Delek US Holdings Inc shares, and 115.30% of them are in the hands of institutional investors. The stock currently has a share float of 118.63%. Delek US Holdings Inc stock is held by 304.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.019% of the shares, which is about 7.08 million shares worth $175.2 million.

BLACKROCK INC., with 10.2964% or 6.61 million shares worth $163.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Victory Portfolios-Victory Sycamore Small Company Opportunity Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.16 shares worth $26.22 million, making up 3.46% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 1.93 shares worth around $23.43 million, which represents about 3.09% of the total shares outstanding.