PBF Energy (PBF) Expected to Announce Quarterly Earnings on Thursday

PBF Energy (NYSE:PBF - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of ($0.95) per share and revenue of $6.65 billion for the quarter.

PBF Energy (NYSE:PBF - Get Free Report) last announced its earnings results on Thursday, May 1st. The oil and gas company reported ($3.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.50) by $0.41. The company had revenue of $7.07 billion for the quarter, compared to analysts' expectations of $6.27 billion. PBF Energy had a negative net margin of 3.30% and a negative return on equity of 15.67%. The firm's quarterly revenue was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 EPS. 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 Trading Up 3.6%

Shares of PBF stock traded up $0.84 on Friday, hitting $24.17. 3,528,637 shares of the stock traded hands, compared to its average volume of 2,871,018. The firm's 50-day moving average price is $22.40 and its two-hundred day moving average price is $22.10. PBF Energy has a twelve month low of $13.61 and a twelve month high of $42.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.52 and a current ratio of 1.29. The stock has a market capitalization of $2.80 billion, a PE ratio of -2.66 and a beta of 0.84.

PBF Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.10 dividend on an annualized basis and a yield of 4.55%. PBF Energy's dividend payout ratio (DPR) is presently -12.09%.

Insider Activity at PBF Energy

In other PBF Energy news, insider Control Empresarial De Capital purchased 48,500 shares of the stock in a transaction dated Thursday, June 5th. The shares were bought at an average cost of $17.99 per share, with a total value of $872,515.00. Following the completion of the acquisition, the insider owned 30,823,498 shares of the company's stock, valued at approximately $554,514,729.02. This trade represents a 0.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.30% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PBF. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of PBF Energy by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,704 shares of the oil and gas company's stock valued at $4,996,000 after acquiring an additional 12,289 shares during the last quarter. Royal Bank of Canada lifted its position in shares of PBF Energy by 63.6% in the 1st quarter. Royal Bank of Canada now owns 30,932 shares of the oil and gas company's stock worth $590,000 after acquiring an additional 12,025 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of PBF Energy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,723 shares of the oil and gas company's stock worth $1,140,000 after acquiring an additional 2,609 shares during the period. Finally, Acadian Asset Management LLC lifted its position in shares of PBF Energy by 261.0% in the 1st quarter. Acadian Asset Management LLC now owns 3,256 shares of the oil and gas company's stock worth $62,000 after acquiring an additional 2,354 shares during the period. 96.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PBF. Piper Sandler increased their price objective on PBF Energy from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Tuesday, July 22nd. Morgan Stanley increased their price target on shares of PBF Energy from $20.00 to $24.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Mizuho raised their price target on PBF Energy from $22.00 to $23.00 and gave the company an "underperform" rating in a research report on Tuesday, May 13th. Wells Fargo & Company raised their price target on PBF Energy from $21.00 to $24.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th. Finally, Citigroup lifted their price objective on PBF Energy from $16.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Seven analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $25.08.

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.