FY2025 EPS Estimates for PBF Energy Lifted by Zacks Research

PBF Energy Inc. (NYSE:PBF - Free Report) - Research analysts at Zacks Research increased their FY2025 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 of $0.55 per share for the year, up from their previous estimate of $0.38. 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 Q4 2025 earnings at ($0.89) EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.24 EPS, FY2026 earnings at $1.58 EPS and FY2027 earnings at $1.78 EPS.

PBF Energy (NYSE:PBF - Get Free Report) last released 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 return on equity of 7.40% and a negative net margin of 1.61%.

PBF has been the subject of a number of other reports. 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 research note on Wednesday, February 19th. Wells Fargo & Company dropped their price target on PBF Energy from $25.00 to $22.00 and set an "equal weight" rating for the company in a research report on Thursday, March 13th. The Goldman Sachs Group decreased their price objective on PBF Energy from $28.00 to $23.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. Morgan Stanley dropped their target price on PBF Energy from $31.00 to $28.00 and set an "equal weight" rating for the company in a report on Friday, March 14th. Finally, Scotiabank cut their target price on PBF Energy from $25.00 to $16.00 and set a "sector perform" rating on the stock in a research report on Friday, April 11th. Seven analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $24.18.

PBF Energy Price Performance

PBF traded up $0.29 during trading hours on Monday, hitting $15.18. The company's stock had a trading volume of 4,094,523 shares, compared to its average volume of 2,382,381. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -3.22 and a beta of 1.15. The business's 50-day moving average price is $19.65 and its 200-day moving average price is $26.39. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 0.26. PBF Energy has a 12 month low of $13.62 and a 12 month high of $58.17.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp grew its position in shares of PBF Energy by 2,119.6% during the 4th quarter. Van ECK Associates Corp now owns 411,307 shares of the oil and gas company's stock worth $10,920,000 after buying an additional 392,776 shares in the last quarter. Norges Bank purchased a new stake in PBF Energy in the fourth quarter worth about $20,896,000. Heartland Advisors Inc. bought a new position in PBF Energy during the 4th quarter worth about $1,420,000. Raymond James Financial Inc. purchased a new position in PBF Energy during the 4th quarter valued at about $1,654,000. Finally, Wealthfront Advisers LLC bought a new stake in shares of PBF Energy in the 4th quarter valued at about $4,515,000. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Control Empresarial De Capital purchased 100,000 shares of the firm's stock in a transaction dated Wednesday, January 22nd. The stock was purchased at an average price of $29.60 per share, with a total value of $2,960,000.00. Following the completion of the purchase, the insider now owns 29,084,998 shares of the company's stock, valued at approximately $860,915,940.80. The trade was a 0.35 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders purchased 727,000 shares of company stock valued at $17,562,580. 5.30% of the stock is currently owned by company insiders.

PBF Energy Announces Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $1.10 annualized dividend and a dividend yield of 7.25%. PBF Energy's dividend payout ratio (DPR) is -23.35%.

About PBF Energy

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.