Q3 Earnings Forecast for PBF Energy Issued By Zacks Research

Key Points

• Zacks Research has raised the Q3 2025 earnings estimate for PBF Energy to ($0.69) per share, compared to a prior forecast of ($0.70) per share.
• PBF Energy recently reported earnings of ($1.03) per share for the last quarter, beating the consensus estimate of ($1.19) by $0.16.
• Citigroup increased the target price for PBF Energy shares from $16.00 to $29.00, indicating a "neutral" rating on the stock.

PBF Energy Inc. (NYSE:PBF - Free Report) - Zacks Research raised their Q3 2025 earnings estimates for shares of PBF Energy in a research report issued to clients and investors on Tuesday, October 21st. Zacks Research analyst Team now expects that the oil and gas company will post earnings of ($0.69) per share for the quarter, up from their previous forecast of ($0.70). 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 ($1.28) EPS, FY2025 earnings at ($6.09) EPS, Q1 2026 earnings at ($0.81) EPS, Q2 2026 earnings at $0.94 EPS, FY2026 earnings at $0.32 EPS, Q1 2027 earnings at $0.16 EPS and FY2027 earnings at $0.84 EPS.

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

PBF has been the topic of several other reports. Citigroup boosted 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. Mizuho boosted their target price on shares of PBF Energy from $23.00 to $26.00 and gave the company an "underperform" rating in a report on Monday, September 15th. Bank of America boosted their price target on shares of PBF Energy from $16.00 to $21.00 and gave the company an "underperform" rating in a research note on Wednesday, September 3rd. Weiss Ratings reissued a "sell (d+)" rating on shares of PBF Energy in a research note on Wednesday, October 8th. Finally, Piper Sandler boosted their price target on shares of PBF Energy from $22.00 to $29.00 and gave the company an "underweight" rating in a research note on Thursday, September 11th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $26.75.

PBF Energy Stock Performance

NYSE:PBF opened at $29.53 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.31 and a quick ratio of 0.55. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of -3.44 and a beta of 0.85. The company's 50-day moving average is $28.38 and its two-hundred day moving average is $23.39. PBF Energy has a 1-year low of $13.61 and a 1-year high of $34.29.

Institutional Investors Weigh In On PBF Energy

Several large investors have recently added to or reduced their stakes in PBF. T. Rowe Price Investment Management Inc. increased its stake in PBF Energy by 170.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,728,843 shares of the oil and gas company's stock worth $109,364,000 after buying an additional 3,612,447 shares during the period. AQR Capital Management LLC increased its stake in PBF Energy by 230.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company's stock worth $45,183,000 after buying an additional 1,454,500 shares during the period. Norges Bank purchased a new stake in PBF Energy during the 2nd quarter worth approximately $24,599,000. BNP Paribas Financial Markets increased its stake in PBF Energy by 276.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,028,799 shares of the oil and gas company's stock worth $22,294,000 after buying an additional 755,310 shares during the period. Finally, Nuveen LLC purchased a new stake in PBF Energy during the 1st quarter worth approximately $13,600,000. 96.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at PBF Energy

In related news, SVP Trecia M. Canty sold 50,000 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $34.13, for a total transaction of $1,706,500.00. Following the sale, the senior vice president directly owned 173,332 shares of the company's stock, valued at $5,915,821.16. This represents a 22.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Connor Thomas L. O sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $34.00, for a total transaction of $1,020,000.00. Following the sale, the senior vice president directly owned 207,984 shares in the company, valued at approximately $7,071,456. The trade was a 12.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.30% of the stock is owned by corporate insiders.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, August 14th. PBF Energy's dividend payout ratio is presently -12.81%.

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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