Zacks Research Forecasts PBF Energy's Q4 Earnings (NYSE:PBF)

Key Points

• Zacks Research has reduced its Q4 2026 earnings estimate for PBF Energy to $0.11 per share, down from $0.13, and projects a full-year earnings estimate of ($1.12) per share.
• PBF Energy reported ($1.03) EPS for the last quarter, which exceeded analysts' expectations and had a revenue of $7.48 billion, beating the estimates of $6.65 billion.
• Recent adjustments from various equities analysts have raised PBF Energy's price targets, with a consensus price target now at $25.42, reflecting varying ratings of "Buy," "Hold," and "Sell."

PBF Energy Inc. (NYSE:PBF - Free Report) - Research analysts at Zacks Research cut their Q4 2026 earnings estimates for shares of PBF Energy in a note issued to investors on Thursday, September 11th. Zacks Research analyst Team now expects that the oil and gas company will post earnings per share of $0.11 for the quarter, down from their prior estimate of $0.13. 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 Q1 2027 earnings at $0.17 EPS.

PBF Energy (NYSE:PBF - Get Free Report) last issued its earnings results on Thursday, July 31st. The oil and gas company reported ($1.03) EPS 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 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%. The company's quarterly revenue was down 14.4% compared to the same quarter last year. During the same period last year, the company posted ($0.54) earnings per share.

Several other equities analysts have also issued reports on the stock. Citigroup lifted their price objective 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. Morgan Stanley lifted their price target on shares of PBF Energy from $20.00 to $24.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Scotiabank reaffirmed a "sector perform" rating and issued a $25.00 price target (up from $16.00) on shares of PBF Energy in a report on Friday, July 11th. Bank of America lifted their price target on shares of PBF Energy from $16.00 to $21.00 and gave the stock an "underperform" rating in a report on Wednesday, September 3rd. Finally, Piper Sandler lifted their price target on shares of PBF Energy from $22.00 to $29.00 and gave the stock an "underweight" rating in a report on Thursday. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus price target of $25.42.

PBF Energy Stock Performance

Shares of NYSE:PBF opened at $27.49 on Monday. The firm has a market cap of $3.18 billion, a PE ratio of -3.20 and a beta of 0.97. The firm's 50 day simple moving average is $25.18 and its 200-day simple moving average is $21.47. PBF Energy has a one year low of $13.61 and a one year high of $34.31. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 1.31.

PBF Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Thursday, August 14th. PBF Energy's dividend payout ratio is -12.81%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp grew its stake 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 valued at $28,000 after acquiring an additional 803 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in PBF Energy by 761.0% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,412 shares of the oil and gas company's stock valued at $31,000 after acquiring an additional 1,248 shares in the last quarter. Allworth Financial LP grew its stake in PBF Energy by 194.3% during the 1st quarter. Allworth Financial LP now owns 1,651 shares of the oil and gas company's stock valued at $32,000 after acquiring an additional 1,090 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in PBF Energy during the 1st quarter valued at about $35,000. Finally, Neo Ivy Capital Management purchased a new stake in PBF Energy during the 1st quarter valued at about $37,000. 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.

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