Q1 Earnings Estimate for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF - Free Report) - Investment analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for PBF Energy in a research note issued on Tuesday, April 29th. Zacks Research analyst R. Department now expects that the oil and gas company will earn ($2.55) per share for the quarter, down from their previous forecast 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.

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

Several other brokerages have also issued reports on PBF. JPMorgan Chase & Co. reduced their price target on PBF Energy from $31.00 to $29.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Piper Sandler decreased their target price on shares of PBF Energy from $23.00 to $20.00 and set an "underweight" rating for the company in a research report on Friday. 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. Mizuho cut their target price on PBF Energy from $28.00 to $22.00 and set an "underperform" rating on the stock in a report on Tuesday, April 1st. Finally, The Goldman Sachs Group decreased their price target on PBF Energy from $28.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Seven investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $22.82.

PBF Energy Stock Up 3.8 %

PBF stock traded up $0.70 during midday trading on Thursday, reaching $19.14. The company had a trading volume of 1,309,858 shares, compared to its average volume of 2,441,095. The company has a market capitalization of $2.21 billion, a P/E ratio of -4.08 and a beta of 0.76. PBF Energy has a 1 year low of $13.62 and a 1 year high of $52.90. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $18.13 and a two-hundred day moving average of $25.06.

PBF Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a $0.275 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.10 annualized dividend and a yield of 5.75%. PBF Energy's dividend payout ratio is -12.09%.

Insider Activity

In related news, insider Control Empresarial De Capital acquired 155,000 shares of the company's stock in a transaction on Monday, March 3rd. The stock was purchased 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 directly owns 30,249,998 shares of the company's stock, valued at $611,049,959.60. The trade was a 0.52 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders purchased 481,000 shares of company stock valued at $10,380,180. Insiders own 5.30% of the company's stock.

Institutional Investors Weigh In On PBF Energy

A number of hedge funds have recently made changes to their positions in 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 acquiring an additional 803 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in PBF Energy by 968.8% in 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 period. Allworth Financial LP lifted its stake in shares of 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 valued at $32,000 after purchasing an additional 1,090 shares during the period. Parallel Advisors LLC boosted its position in shares of 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 purchasing an additional 1,085 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of PBF Energy during the fourth quarter worth $61,000. Institutional investors and hedge funds own 96.29% 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.