HF Sinclair Corporation (NYSE:DINO) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts give HF Sinclair a consensus Hold rating from 15 firms (1 sell, 7 hold, 6 buy, 1 strong buy) with an average 12‑month target of $61.00.
• The company recently beat expectations with $1.20 EPS vs. $0.83 estimate and $6.46B revenue, analysts forecast ~2.39 EPS for the year, and the stock trades near $60.69 with a market cap of $10.94B and a P/E of 19.77.
• HF Sinclair pays a quarterly dividend of $0.50 ($2.00 annual) representing a 3.3% yield, and the name has seen sizable hedge‑fund buying with institutional investors owning 88.29% of shares.

Shares of HF Sinclair Corporation (NYSE:DINO - Get Free Report) have been given an average recommendation of "Hold" by the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $61.00.

A number of equities research analysts have commented on the stock. Barclays decreased their price objective on shares of HF Sinclair from $54.00 to $51.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 13th. Piper Sandler reduced their target price on shares of HF Sinclair from $67.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, February 19th. Wells Fargo & Company increased their price target on shares of HF Sinclair from $58.00 to $67.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 31st. Mizuho boosted their price objective on shares of HF Sinclair from $63.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 17th. Finally, Wall Street Zen raised HF Sinclair from a "buy" rating to a "strong-buy" rating in a report on Saturday.

Hedge Funds Weigh In On HF Sinclair

Several hedge funds have recently added to or reduced their stakes in the company. NFJ Investment Group LLC raised its holdings in HF Sinclair by 1,275.3% during the 4th quarter. NFJ Investment Group LLC now owns 1,873,541 shares of the company's stock worth $86,333,000 after purchasing an additional 1,737,318 shares during the last quarter. Encompass Capital Advisors LLC acquired a new stake in shares of HF Sinclair during the 2nd quarter worth approximately $70,437,000. Invesco Ltd. grew its position in shares of HF Sinclair by 104.3% during the 3rd quarter. Invesco Ltd. now owns 1,947,075 shares of the company's stock worth $101,910,000 after buying an additional 994,090 shares during the period. Victory Capital Management Inc. raised its stake in shares of HF Sinclair by 101.3% during the fourth quarter. Victory Capital Management Inc. now owns 1,794,964 shares of the company's stock worth $82,712,000 after buying an additional 903,177 shares during the last quarter. Finally, Engineers Gate Manager LP raised its stake in shares of HF Sinclair by 1,068.6% during the second quarter. Engineers Gate Manager LP now owns 786,606 shares of the company's stock worth $32,314,000 after buying an additional 719,292 shares during the last quarter. Institutional investors own 88.29% of the company's stock.

HF Sinclair Trading Down 0.1%

DINO stock opened at $60.69 on Friday. The business has a fifty day moving average price of $56.14 and a 200 day moving average price of $52.91. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.94 and a quick ratio of 0.90. HF Sinclair has a fifty-two week low of $24.66 and a fifty-two week high of $64.70. The stock has a market capitalization of $10.94 billion, a price-to-earnings ratio of 19.77 and a beta of 0.70.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.83 by $0.37. HF Sinclair had a return on equity of 10.20% and a net margin of 2.15%.The company had revenue of $6.46 billion for the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter in the prior year, the business earned ($1.02) earnings per share. The business's revenue for the quarter was down .6% on a year-over-year basis. Analysts expect that HF Sinclair will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd were given a dividend of $0.50 per share. The ex-dividend date was Monday, March 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. HF Sinclair's payout ratio is presently 65.15%.

HF Sinclair Company Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.

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