PBF Energy (PBF) Projected to Post Quarterly Earnings on Thursday

PBF Energy (NYSE:PBF - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect PBF Energy to post earnings of ($1.49) per share and revenue of $6.27 billion for the quarter.

PBF Energy (NYSE:PBF - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The oil and gas company reported ($2.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.80) by ($1.02). The company had revenue of $7.35 billion for 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%. On average, analysts expect PBF Energy to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PBF Energy Stock Up 0.8 %

PBF traded up $0.14 during trading on Tuesday, hitting $17.22. The company had a trading volume of 2,529,516 shares, compared to its average volume of 2,410,664. The company has a market capitalization of $1.99 billion, a PE ratio of -3.66 and a beta of 1.15. The company has a quick ratio of 0.54, a current ratio of 1.25 and a debt-to-equity ratio of 0.26. PBF Energy has a one year low of $13.62 and a one year high of $57.47. The firm's 50-day moving average price is $18.56 and its 200 day moving average price is $25.54.

PBF Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were issued a $0.275 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.39%. PBF Energy's dividend payout ratio (DPR) is -23.35%.

Wall Street Analyst Weigh In

PBF has been the topic of a number of research reports. The Goldman Sachs Group cut their price target on PBF Energy from $28.00 to $23.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Scotiabank cut their price target on PBF Energy from $25.00 to $16.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. JPMorgan Chase & Co. cut their price target on PBF Energy from $31.00 to $29.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Morgan Stanley cut their price target on PBF Energy from $28.00 to $20.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. Finally, Piper Sandler cut their price target on PBF Energy from $24.00 to $23.00 and set an "underweight" rating on the stock in a report on Friday, March 7th. Seven equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, PBF Energy has an average rating of "Hold" and a consensus target price of $23.45.

Insider Buying and Selling

In other PBF Energy news, insider Control Empresarial De Capital purchased 15,000 shares of the stock in a transaction on Tuesday, April 15th. The shares were purchased at an average price of $14.44 per share, with a total value of $216,600.00. Following the completion of the transaction, the insider now directly owns 30,774,998 shares in the company, valued at $444,390,971.12. This represents a 0.05 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have purchased 567,000 shares of company stock worth $12,845,180. Corporate insiders own 5.30% of the company's stock.

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.