Q1 Earnings Estimate for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of PBF Energy in a note issued to investors on Tuesday, April 29th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of ($2.55) for the quarter, down from their prior estimate of ($2.54). 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 Q2 2025 earnings at ($0.66) EPS, Q3 2025 earnings at ($0.43) EPS, Q4 2025 earnings at ($1.59) EPS, FY2025 earnings at ($5.24) EPS, Q1 2026 earnings at ($1.25) EPS, Q2 2026 earnings at ($0.95) EPS, Q3 2026 earnings at ($0.45) EPS, Q4 2026 earnings at ($0.96) EPS, FY2026 earnings at ($3.61) EPS and FY2027 earnings at $1.24 EPS.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their target price on PBF Energy from $31.00 to $29.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Scotiabank cut their price objective 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. Wells Fargo & Company decreased their target price on PBF Energy from $22.00 to $18.00 and set an "equal weight" rating for the company in a research report on Friday. The Goldman Sachs Group cut their price target on shares of PBF Energy from $28.00 to $23.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Finally, Morgan Stanley decreased their price objective on shares of PBF Energy from $28.00 to $20.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Seven research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat, PBF Energy presently has an average rating of "Hold" and an average price target of $22.82.

PBF Energy Trading Up 5.1 %

Shares of PBF traded up $0.90 during midday trading on Thursday, hitting $18.43. The stock had a trading volume of 5,403,915 shares, compared to its average volume of 2,444,754. PBF Energy has a 1 year low of $13.62 and a 1 year high of $52.90. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.25 and a quick ratio of 0.54. The stock's 50 day moving average is $18.20 and its 200 day moving average is $25.17. The firm has a market cap of $2.12 billion, a PE ratio of -3.91 and a beta of 0.76.

PBF Energy (NYSE:PBF - Get Free Report) last announced its earnings results on Thursday, May 1st. The oil and gas company reported ($3.09) EPS for the quarter, topping analysts' consensus estimates of ($3.50) by $0.41. The firm had revenue of $7.07 billion during the quarter, compared to analysts' expectations of $6.27 billion. PBF Energy had a negative return on equity of 7.40% and a negative net margin of 1.61%. The company's quarterly revenue was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.85 EPS.

PBF Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Thursday, May 15th. PBF Energy's dividend payout ratio is currently -12.09%.

Insider Transactions at PBF Energy

In other PBF Energy news, insider Control Empresarial De Capital purchased 155,000 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was bought at an average cost of $20.20 per share, for a total transaction of $3,131,000.00. Following the completion of the purchase, the insider now owns 30,249,998 shares in the company, valued at $611,049,959.60. This represents a 0.52 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have bought a total of 481,000 shares of company stock valued at $10,380,180 in the last 90 days. Insiders own 5.30% of the company's stock.

Hedge Funds Weigh In On PBF Energy

Several hedge funds have recently modified their holdings of PBF. Fifth Third Bancorp grew its position in PBF Energy by 125.7% during the 1st quarter. Fifth Third Bancorp now owns 1,442 shares of the oil and gas company's stock worth $28,000 after purchasing an additional 803 shares during the last quarter. Fortitude Family Office LLC grew its holdings in shares of PBF Energy by 968.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,165 shares of the oil and gas company's stock valued at $31,000 after buying an additional 1,056 shares during the last quarter. Allworth Financial LP raised its stake in PBF Energy by 194.3% in the 1st quarter. Allworth Financial LP now owns 1,651 shares of the oil and gas company's stock worth $32,000 after acquiring an additional 1,090 shares during the last quarter. Parallel Advisors LLC raised its stake in PBF Energy by 80.4% in the 1st quarter. Parallel Advisors LLC now owns 2,434 shares of the oil and gas company's stock worth $46,000 after acquiring an additional 1,085 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in PBF Energy in the 4th quarter worth approximately $61,000. Institutional investors and hedge funds own 96.29% of the company's stock.

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.