News articles about Delek Logistics Partners (NYSE:DKL) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Delek Logistics Partners earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.4747947130271 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research firms have issued reports on DKL. ValuEngine lowered Delek Logistics Partners from a “buy” rating to a “hold” rating in a report on Friday. Zacks Investment Research lowered Delek Logistics Partners from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 17th. Finally, Barclays lowered Delek Logistics Partners from an “equal weight” rating to an “underweight” rating and set a $32.00 price objective for the company. in a research note on Wednesday, January 17th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Sell” and a consensus target price of $33.67.
Shares of Delek Logistics Partners (NYSE DKL) traded down $1.20 during mid-day trading on Friday, reaching $30.50. The company’s stock had a trading volume of 31,572 shares, compared to its average volume of 38,228. Delek Logistics Partners has a fifty-two week low of $26.80 and a fifty-two week high of $35.75. The company has a debt-to-equity ratio of -15.58, a quick ratio of 0.92 and a current ratio of 1.19. The stock has a market capitalization of $788.00, a P/E ratio of 15.33, a PEG ratio of 2.20 and a beta of 1.16.
Delek Logistics Partners (NYSE:DKL) last issued its quarterly earnings results on Wednesday, November 8th. The oil and gas producer reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.03). Delek Logistics Partners had a return on equity of 27.65% and a net margin of 12.96%. equities research analysts expect that Delek Logistics Partners will post 2.12 earnings per share for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Monday, February 12th. Investors of record on Friday, February 2nd will be paid a $0.725 dividend. The ex-dividend date of this dividend is Thursday, February 1st. This represents a yield of 0.0224806201550388%. This is a boost from Delek Logistics Partners’s previous dividend of $0.51. Delek Logistics Partners’s dividend payout ratio is 145.73%.
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Delek Logistics Partners Company Profile
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products. The Company’s business primarily consists of certain crude oil, intermediate and refined products pipelines and transportation, storage, wholesale marketing, terminaling and offloading assets, which were previously owned, operated or held by Delek US Holdings, Inc (Delek), and assets acquired from unrelated third parties.
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