PBF Energy (PBF) Expected to Announce Quarterly Earnings on Thursday

PBF Energy (NYSE:PBF - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect PBF Energy to post earnings of ($1.49) per share and revenue of $6.27 billion for the quarter.

PBF Energy (NYSE:PBF - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The oil and gas company reported ($2.82) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.80) by ($1.02). The firm had revenue of $7.35 billion during the quarter, compared to the consensus estimate of $7.25 billion. PBF Energy had a negative net margin of 1.61% and a negative return on equity of 7.40%. On average, analysts expect PBF Energy to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PBF Energy Stock Performance

Shares of PBF traded up $0.22 during trading hours on Friday, hitting $16.28. The company's stock had a trading volume of 1,810,322 shares, compared to its average volume of 2,402,725. The company has a market cap of $1.88 billion, a price-to-earnings ratio of -3.46 and a beta of 1.15. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.25 and a quick ratio of 0.54. The business has a 50 day simple moving average of $18.83 and a two-hundred day simple moving average of $25.81. PBF Energy has a 52-week low of $13.62 and a 52-week high of $58.17.

PBF Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date of this dividend was Thursday, February 27th. PBF Energy's payout ratio is currently -23.35%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PBF. The Goldman Sachs Group dropped their price objective on PBF Energy from $28.00 to $23.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. JPMorgan Chase & Co. cut their price objective on shares of PBF Energy from $31.00 to $29.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Wells Fargo & Company decreased their target price on shares of PBF Energy from $25.00 to $22.00 and set an "equal weight" rating on the stock in a report on Thursday, March 13th. Mizuho reduced their price target on shares of PBF Energy from $28.00 to $22.00 and set an "underperform" rating for the company in a research report on Tuesday, April 1st. Finally, Scotiabank decreased their price target on shares of PBF Energy from $25.00 to $16.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Seven analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $23.45.

Insider Activity

In related news, insider Control Empresarial De Capital acquired 15,000 shares of the stock in a transaction on Wednesday, April 9th. The stock was purchased at an average price of $13.98 per share, for a total transaction of $209,700.00. Following the completion of the transaction, the insider now owns 30,757,998 shares of the company's stock, valued at $429,996,812.04. This trade represents a 0.05 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders acquired 627,000 shares of company stock valued at $14,602,580. Corporate insiders own 6.70% of the company's stock.

PBF Energy Company Profile

PBF Energy Inc, through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil.