Scotiabank Forecasts HF Sinclair FY2026 Earnings

HF Sinclair Co. (NYSE:DINO - Free Report) - Scotiabank issued their FY2026 earnings estimates for shares of HF Sinclair in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng forecasts that the company will earn $4.90 per share for the year. Scotiabank currently has a "Sector Outperform" rating and a $57.00 target price on the stock. The consensus estimate for HF Sinclair's current full-year earnings is $2.27 per share.

Several other equities research analysts have also weighed in on DINO. Wells Fargo & Company lowered HF Sinclair from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $53.00 to $45.00 in a report on Monday, December 9th. BMO Capital Markets dropped their price target on HF Sinclair from $57.00 to $53.00 and set an "outperform" rating for the company in a research report on Friday, October 4th. Morgan Stanley lowered their price objective on shares of HF Sinclair from $63.00 to $57.00 and set an "overweight" rating on the stock in a research report on Monday, September 16th. JPMorgan Chase & Co. decreased their price objective on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a report on Tuesday, December 10th. Finally, Barclays lowered their price target on shares of HF Sinclair from $44.00 to $42.00 and set an "equal weight" rating for the company in a research note on Monday, November 11th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, HF Sinclair presently has a consensus rating of "Hold" and an average price target of $51.45.

HF Sinclair Stock Up 3.2 %

Shares of DINO traded up $1.10 during trading hours on Friday, reaching $35.87. 3,416,471 shares of the stock traded hands, compared to its average volume of 2,290,720. HF Sinclair has a 52 week low of $33.47 and a 52 week high of $64.16. The stock has a fifty day simple moving average of $38.44 and a 200 day simple moving average of $44.04. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The company has a market cap of $6.75 billion, a price-to-earnings ratio of 22.14 and a beta of 1.22.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.19. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The firm had revenue of $7.21 billion during the quarter, compared to analysts' expectations of $7.11 billion. During the same period last year, the company earned $4.06 earnings per share. The business's revenue was down 19.1% on a year-over-year basis.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Thursday, November 21st were paid a $0.50 dividend. The ex-dividend date was Thursday, November 21st. This represents a $2.00 annualized dividend and a yield of 5.58%. HF Sinclair's payout ratio is 123.46%.

Insider Buying and Selling

In related news, Director Franklin Myers purchased 5,000 shares of the company's stock in a transaction dated Friday, November 1st. The shares were purchased at an average price of $38.76 per share, with a total value of $193,800.00. Following the acquisition, the director now directly owns 145,293 shares in the company, valued at $5,631,556.68. The trade was a 3.56 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Atanas H. Atanasov purchased 7,000 shares of the company's stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the completion of the purchase, the chief financial officer now owns 71,927 shares in the company, valued at approximately $2,730,348.92. The trade was a 10.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 17,000 shares of company stock worth $628,370 in the last three months. 0.28% of the stock is owned by corporate insiders.

Institutional Trading of HF Sinclair

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Matrix Trust Co raised its stake in shares of HF Sinclair by 122.4% during the third quarter. Matrix Trust Co now owns 576 shares of the company's stock valued at $26,000 after acquiring an additional 317 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in HF Sinclair in the third quarter valued at $27,000. Massmutual Trust Co. FSB ADV grew its stake in shares of HF Sinclair by 82.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 820 shares of the company's stock worth $37,000 after purchasing an additional 370 shares during the period. Millburn Ridgefield Corp purchased a new position in shares of HF Sinclair in the 3rd quarter valued at about $50,000. Finally, Coastline Trust Co purchased a new stake in shares of HF Sinclair in the third quarter valued at approximately $55,000. Institutional investors own 88.29% of the company's stock.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.