Free Trial

PBF Energy (PBF) Stock Price, News & Analysis

$33.62
+1.22 (+3.77%)
(As of 10/17/2024 ET)

About PBF Energy Stock (NYSE:PBF)

Key Stats

Today's Range
$32.40
$33.75
50-Day Range
$30.66
$37.41
52-Week Range
$30.17
$62.88
Volume
3.25 million shs
Average Volume
2.16 million shs
Market Capitalization
$3.99 billion
P/E Ratio
5.59
Dividend Yield
2.97%
Price Target
$36.09
Consensus Rating
Reduce

Company Overview

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. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. It is also involved in the provision of various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company was founded in 2008 and is based in Parsippany, New Jersey.

PBF Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

PBF MarketRank™: 

PBF Energy scored higher than 76% of companies evaluated by MarketBeat, and ranked 96th out of 255 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PBF Energy has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 10 hold ratings, and 4 sell ratings.

  • Amount of Analyst Coverage

    PBF Energy has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about PBF Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for PBF Energy are expected to grow in the coming year, from ($0.05) to $2.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PBF Energy is 5.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.51.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PBF Energy is 5.59, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.86.

  • Price to Book Value per Share Ratio

    PBF Energy has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about PBF Energy's valuation and earnings.
  • Percentage of Shares Shorted

    13.31% of the float of PBF Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    PBF Energy has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in PBF Energy has recently decreased by 8.41%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    PBF Energy pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    PBF Energy does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of PBF Energy is 6.92%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, PBF Energy will have a dividend payout ratio of 42.19% next year. This indicates that PBF Energy will be able to sustain or increase its dividend.

  • Read more about PBF Energy's dividend.
  • Percentage of Shares Shorted

    13.31% of the float of PBF Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    PBF Energy has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in PBF Energy has recently decreased by 8.41%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    PBF Energy has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for PBF Energy this week, compared to 8 articles on an average week.
  • Search Interest

    Only 14 people have searched for PBF on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added PBF Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PBF Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $129,050,026.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 5.30% of the stock of PBF Energy is held by insiders.

  • Percentage Held by Institutions

    96.29% of the stock of PBF Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PBF Energy's insider trading history.
Receive PBF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PBF Energy and its competitors with MarketBeat's FREE daily newsletter.

PBF Stock News Headlines

Crypto’s next big bull run?
Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on November 5. Just a day after the American election, Juan believes crypto could start a massive run up …
PBF Energy Inc. (PBF): A Bull Case Theory
PBF Energy (PBF) Gets a Hold from Morgan Stanley
See More Headlines

PBF Stock Analysis - Frequently Asked Questions

PBF Energy's stock was trading at $43.96 at the beginning of 2024. Since then, PBF shares have decreased by 23.5% and is now trading at $33.62.
View the best growth stocks for 2024 here
.

PBF Energy Inc. (NYSE:PBF) announced its earnings results on Thursday, August, 1st. The oil and gas company reported ($0.54) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $0.39. The firm's revenue was down 4.6% compared to the same quarter last year.

PBF Energy's top institutional shareholders include Wedge Capital Management L L P NC (0.03%), SG Americas Securities LLC (0.03%), Creative Planning (0.02%) and nVerses Capital LLC (0.01%). Insiders that own company stock include Control Empresarial De Capital, Connor Thomas L O, Paul T Davis, Trecia M Canty, C Erik Young and John C Barone.
View institutional ownership trends
.

Shares of PBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PBF Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Humana (HUM), Adobe (ADBE) and Salesforce (CRM).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 8/29 Dividend
8/15/2024
Dividend Payable
8/29/2024
Today
10/17/2024
Next Earnings (Confirmed)
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Oil & Gas Refining & Marketing
CUSIP
69318G10
Fax
N/A
Employees
3,776
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.09
High Stock Price Target
$45.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+20.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.93
Research Coverage
15 Analysts

Profitability

Net Income
$2.14 billion
Pretax Margin
2.79%

Debt

Sales & Book Value

Annual Sales
$37.25 billion
Cash Flow
$17.79 per share
Book Value
$55.06 per share

Miscellaneous

Free Float
110,941,000
Market Cap
$3.99 billion
Optionable
Optionable
Beta
1.55
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

This page (NYSE:PBF) was last updated on 10/17/2024 by MarketBeat.com Staff
From Our Partners