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

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

PBF Energy (NYSE:PBF - Get Free Report) last posted its earnings results on Thursday, May 1st. The oil and gas company reported ($3.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.50) by $0.41. The business 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 business's revenue for the quarter was down 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 Stock Performance

PBF traded up $0.84 during midday trading on Friday, hitting $24.17. 3,528,637 shares of the company traded hands, compared to its average volume of 2,871,018. The company has a quick ratio of 0.52, a current ratio of 1.29 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $2.80 billion, a PE ratio of -2.66 and a beta of 0.84. The company's 50-day moving average is $22.40 and its 200 day moving average is $22.14. PBF Energy has a 52 week low of $13.61 and a 52 week high of $42.64.

PBF Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group raised shares of PBF Energy from a "neutral" rating to a "buy" rating and increased their target price for the stock from $20.00 to $26.00 in a report on Tuesday, May 13th. Morgan Stanley raised their target price 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. Piper Sandler raised their target price on shares of PBF Energy from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Tuesday. Citigroup raised their target price on shares of PBF Energy from $16.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. Finally, Mizuho raised their target price on shares of PBF Energy from $22.00 to $23.00 and gave the company an "underperform" rating in a report on Tuesday, May 13th. Seven equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $25.08.

Insider Buying and Selling at PBF Energy

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

Institutional Trading of PBF Energy

Several institutional investors and hedge funds have recently made changes to their positions in PBF. Royal Bank of Canada lifted its position in shares of PBF Energy by 63.6% during the first quarter. Royal Bank of Canada now owns 30,932 shares of the oil and gas company's stock worth $590,000 after purchasing an additional 12,025 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of PBF Energy by 4.6% during the first 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 purchasing an additional 2,609 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of PBF Energy by 4.9% in the first 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 in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of PBF Energy by 261.0% in the first quarter. Acadian Asset Management LLC now owns 3,256 shares of the oil and gas company's stock valued at $62,000 after acquiring an additional 2,354 shares in the last quarter. 96.29% of the stock is currently owned by institutional investors.

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.