Q3 Earnings Estimate for PBF Energy Issued By Zacks Research

Key Points

• Analysts from Zacks Research have revised their Q3 2026 earnings per share estimate for PBF Energy to $0.13 from $0.07, while the current full-year earnings consensus stands at ($1.12) per share.
• PBF Energy recently announced a quarterly dividend of $0.275, indicating an annualized dividend yield of 3.9%, despite a negative dividend payout ratio of -12.81%.
• PBF Energy's stock has fluctuated between a 12-month low of $13.61 and a high of $34.29, currently trading at approximately $28.00 with a market capitalization of $3.24 billion.

PBF Energy Inc. (NYSE:PBF - Free Report) - Research analysts at Zacks Research upped their Q3 2026 earnings per share estimates for PBF Energy in a report released on Tuesday, October 21st. Zacks Research analyst Team now anticipates that the oil and gas company will earn $0.13 per share for the quarter, up from their previous forecast of $0.07. 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 Q4 2026 earnings at $0.07 EPS, Q2 2027 earnings at $0.28 EPS and Q3 2027 earnings at $0.30 EPS.

A number of other equities analysts have also issued reports on PBF. Citigroup increased their price objective on PBF Energy from $16.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of PBF Energy in a research note on Wednesday, October 8th. Morgan Stanley set a $27.00 price objective on PBF Energy and gave the stock an "underweight" rating in a research note on Friday, October 3rd. Tudor, Pickering, Holt & Co. lowered PBF Energy from a "hold" rating to a "sell" rating and set a $24.00 price objective for the company. in a research note on Monday, September 15th. Finally, Wells Fargo & Company raised their price objective on PBF Energy from $21.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 15th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and eight have issued a Sell rating to the stock. According to data from MarketBeat, PBF Energy currently has an average rating of "Reduce" and an average target price of $26.17.

PBF Energy Stock Performance

Shares of PBF stock opened at $28.00 on Wednesday. PBF Energy has a 12-month low of $13.61 and a 12-month high of $34.29. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of -3.26 and a beta of 0.85. The business has a 50 day simple moving average of $28.25 and a 200 day simple moving average of $23.35. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.31 and a quick ratio of 0.55.

PBF Energy (NYSE:PBF - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The oil and gas company reported ($1.03) earnings per share for the quarter, topping analysts' consensus estimates of ($1.19) by $0.16. The business had revenue of $7.48 billion for the quarter, compared to analysts' expectations of $6.65 billion. PBF Energy had a negative return on equity of 17.46% and a negative net margin of 3.24%.The business's quarterly revenue was down 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.54) EPS.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a $0.275 dividend. The ex-dividend date was Thursday, August 14th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.9%. PBF Energy's dividend payout ratio is presently -12.81%.

Insiders Place Their Bets

In other news, SVP Trecia M. Canty sold 50,000 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $34.13, for a total value of $1,706,500.00. Following the completion of the sale, the senior vice president owned 173,332 shares in the company, valued at $5,915,821.16. This represents a 22.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Connor Thomas L. O sold 30,000 shares of the stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $34.00, for a total value of $1,020,000.00. Following the completion of the sale, the senior vice president owned 207,984 shares of the company's stock, valued at $7,071,456. The trade was a 12.61% decrease in their position. The disclosure for this sale can be found here. 6.70% of the stock is owned by corporate insiders.

Institutional Trading of PBF Energy

Several hedge funds and other institutional investors have recently modified their holdings of PBF. MassMutual Private Wealth & Trust FSB raised its holdings in shares of PBF Energy by 761.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,412 shares of the oil and gas company's stock worth $31,000 after acquiring an additional 1,248 shares in the last quarter. Allworth Financial LP raised its holdings in shares of PBF Energy by 194.3% during the first 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 in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of PBF Energy during the first quarter worth $35,000. Neo Ivy Capital Management purchased a new stake in shares of PBF Energy during the first quarter worth $37,000. Finally, Activest Wealth Management raised its holdings in shares of PBF Energy by 199,900.0% during the first quarter. Activest Wealth Management now owns 2,000 shares of the oil and gas company's stock worth $38,000 after acquiring an additional 1,999 shares in the last quarter. 96.29% of the stock is currently owned by hedge funds and other 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.

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