Q3 Earnings Forecast for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF - Free Report) - Equities research analysts at Zacks Research increased their Q3 2025 earnings per share estimates for shares of PBF Energy in a report released on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn ($0.70) per share for the quarter, up from their prior estimate of ($0.71). 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 2025 earnings at ($1.64) EPS, FY2025 earnings at ($6.39) EPS, Q1 2026 earnings at ($0.95) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($1.31) EPS, Q1 2027 earnings at $0.10 EPS and FY2027 earnings at $0.70 EPS.

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

A number of other analysts have also commented on PBF. UBS Group raised PBF Energy from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $20.00 to $26.00 in a report on Tuesday, May 13th. TD Cowen decreased their price objective on PBF Energy from $19.00 to $17.00 and set a "sell" rating for the company in a report on Tuesday, March 11th. Morgan Stanley decreased their price objective on PBF Energy from $28.00 to $20.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. The Goldman Sachs Group decreased their price objective on PBF Energy from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, March 27th. Finally, Piper Sandler decreased their price objective on PBF Energy from $23.00 to $20.00 and set an "underweight" rating for the company in a report on Friday, May 2nd. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $23.18.

PBF Energy Stock Up 2.6%

PBF stock traded up $0.55 during trading on Monday, reaching $21.80. 3,563,551 shares of the stock were exchanged, compared to its average volume of 2,667,657. The firm's 50 day moving average is $19.62 and its 200 day moving average is $22.53. PBF Energy has a twelve month low of $13.62 and a twelve month high of $48.20. The company has a current ratio of 1.29, a quick ratio of 0.52 and a debt-to-equity ratio of 0.43. The firm has a market cap of $2.52 billion, a P/E ratio of -2.40 and a beta of 0.82.

Hedge Funds Weigh In On PBF Energy

Several institutional investors and hedge funds have recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. grew its holdings in PBF Energy by 170.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 5,728,843 shares of the oil and gas company's stock valued at $109,364,000 after purchasing an additional 3,612,447 shares during the period. Bank of New York Mellon Corp grew its holdings in PBF Energy by 14.0% during the first quarter. Bank of New York Mellon Corp now owns 2,121,727 shares of the oil and gas company's stock valued at $40,504,000 after purchasing an additional 260,464 shares during the period. American Century Companies Inc. grew its holdings in PBF Energy by 1.7% during the first quarter. American Century Companies Inc. now owns 1,897,910 shares of the oil and gas company's stock valued at $36,231,000 after purchasing an additional 32,285 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in PBF Energy by 12.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,675,273 shares of the oil and gas company's stock valued at $31,981,000 after purchasing an additional 182,456 shares during the period. Finally, Two Sigma Investments LP grew its holdings in PBF Energy by 12.6% during the fourth quarter. Two Sigma Investments LP now owns 1,645,584 shares of the oil and gas company's stock valued at $43,690,000 after purchasing an additional 184,194 shares during the period. 96.29% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Control Empresarial De Capital acquired 20,000 shares of PBF Energy stock in a transaction on Friday, March 28th. The stock was acquired at an average cost of $19.09 per share, with a total value of $381,800.00. Following the completion of the acquisition, the insider now owns 30,534,998 shares in the company, valued at approximately $582,913,111.82. This trade represents a 0.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired a total of 224,500 shares of company stock valued at $3,816,695 over the last three months. Corporate insiders own 5.30% of the company's stock.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 5.05%. The ex-dividend date was Thursday, May 15th. PBF Energy's dividend payout ratio is presently -12.09%.

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.