Zacks Research Estimates PBF Energy's Q1 Earnings (NYSE:PBF)

PBF Energy Inc. (NYSE:PBF - Free Report) - Zacks Research increased their Q1 2025 earnings per share estimates for PBF Energy in a research report issued on Wednesday, April 9th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of $0.03 for the quarter, up from their prior estimate of $0.02. The consensus estimate for PBF Energy's current full-year earnings is ($1.12) per share. Zacks Research also issued estimates for PBF Energy's Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.72 EPS, Q3 2026 earnings at $0.85 EPS and Q1 2027 earnings at $0.27 EPS.

PBF Energy (NYSE:PBF - Get Free Report) last released its earnings results on Thursday, February 13th. The oil and gas company reported ($2.82) EPS for the quarter, missing analysts' consensus estimates of ($1.80) by ($1.02). PBF Energy had a negative return on equity of 7.40% and a negative net margin of 1.61%. The business had revenue of $7.35 billion during the quarter, compared to the consensus estimate of $7.25 billion.

A number of other research firms have also issued reports on PBF. Scotiabank lowered their target price on shares of PBF Energy from $25.00 to $16.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. The Goldman Sachs Group dropped their price target on shares of PBF Energy from $28.00 to $23.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. UBS Group dropped their price objective on shares of PBF Energy from $29.00 to $26.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. TD Cowen dropped their target price on shares of PBF Energy from $19.00 to $17.00 and set a "sell" rating for the company in a research note on Tuesday, March 11th. Finally, Piper Sandler cut their target price on shares of PBF Energy from $24.00 to $23.00 and set an "underweight" rating on the stock in a research report on Friday, March 7th. Seven analysts have rated the stock with a sell rating and eight have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $24.18.

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PBF Energy Stock Up 7.9 %

Shares of NYSE:PBF traded up $1.14 during midday trading on Friday, hitting $15.57. 2,263,402 shares of the stock were exchanged, compared to its average volume of 2,355,142. The business's fifty day simple moving average is $20.45 and its two-hundred day simple moving average is $26.69. PBF Energy has a 52-week low of $13.62 and a 52-week high of $58.74. The company has a market capitalization of $1.80 billion, a PE ratio of -3.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.54 and a current ratio of 1.25.

Institutional Trading of PBF Energy

A number of institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp boosted its stake in PBF Energy by 125.7% during the first quarter. Fifth Third Bancorp now owns 1,442 shares of the oil and gas company's stock worth $28,000 after acquiring an additional 803 shares in the last quarter. Yousif Capital Management LLC boosted its stake in shares of PBF Energy by 3.8% in the first quarter. Yousif Capital Management LLC now owns 42,404 shares of the oil and gas company's stock worth $809,000 after acquiring an additional 1,568 shares during the period. Harbor Capital Advisors Inc. boosted its stake in PBF Energy by 61.7% in the 1st quarter. Harbor Capital Advisors Inc. now owns 3,458 shares of the oil and gas company's stock worth $66,000 after purchasing an additional 1,320 shares during the period. Wedge Capital Management L L P NC grew its stake in PBF Energy by 19.7% during the first quarter. Wedge Capital Management L L P NC now owns 49,550 shares of the oil and gas company's stock valued at $946,000 after acquiring an additional 8,144 shares in the last quarter. Finally, Next Level Private LLC bought a new position in PBF Energy during the first quarter valued at approximately $405,000. Hedge funds and other institutional investors own 96.29% of the company's stock.

Insider Buying and Selling

In related news, insider Control Empresarial De Capital bought 60,000 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were acquired at an average cost of $29.29 per share, with a total value of $1,757,400.00. Following the completion of the purchase, the insider now directly owns 29,144,998 shares of the company's stock, valued at $853,656,991.42. This trade represents a 0.21 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders purchased 712,000 shares of company stock worth $17,345,980. 5.30% of the stock is owned by corporate insiders.

PBF Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 7.06%. The ex-dividend date was Thursday, February 27th. PBF Energy's payout ratio is -23.35%.

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.