HF Sinclair (DINO) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HF Sinclair in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DINO shares.
View DINO analyst ratings or view top-rated stocks.

8 brokers have issued 1-year target prices for HF Sinclair's shares. Their DINO share price forecasts range from $44.00 to $70.00. On average, they expect the company's share price to reach $59.33 in the next year. This suggests a possible upside of 43.6% from the stock's current price.
View analysts price targets for DINO or view top-rated stocks among Wall Street analysts.

HF Sinclair's stock was trading at $51.89 at the beginning of 2023. Since then, DINO stock has decreased by 20.4% and is now trading at $41.32.
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HF Sinclair saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 8,370,000 shares, a decline of 9.5% from the April 30th total of 9,250,000 shares. Based on an average trading volume of 2,800,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 5.3% of the company's shares are sold short.
View HF Sinclair's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our DINO earnings forecast.

HF Sinclair Co. (NYSE:DINO) issued its quarterly earnings data on Thursday, May, 4th. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.48 by $0.52. The business had revenue of $7.57 billion for the quarter, compared to the consensus estimate of $6.97 billion. HF Sinclair had a trailing twelve-month return on equity of 32.56% and a net margin of 8.13%. HF Sinclair's revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.99 earnings per share.

HF Sinclair declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Thursday, May 18th will be given a dividend of $0.45 per share on Thursday, June 1st. This represents a $1.80 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Wednesday, May 17th.
Read our dividend analysis for DINO.

ETFs with the largest weight of HF Sinclair (NYSE:DINO) stock in their portfolio include First Trust Energy AlphaDEX Fund (FXN), VanEck Oil Refiners ETF (CRAK), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco Dynamic Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Inspire Faithward Mid Cap Momentum ETF (GLRY) and Invesco S&P MidCap Value with Momentum ETF (XMVM).

HF Sinclair (NYSE:DINO) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.19%. DINO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DINO will have a dividend payout ratio of 27.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DINO.

HF Sinclair trades on the New York Stock Exchange (NYSE) under the ticker symbol "DINO."

HF Sinclair's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.67%), FMR LLC (3.49%), State Street Corp (3.33%), Dimensional Fund Advisors LP (2.56%), LSV Asset Management (2.53%) and Pacer Advisors Inc. (1.99%). Insiders that own company stock include Carol Orme Holding, Franklin Myers, James H Lee, Manuel J Fernandez, Michael Jennings, Richard Lawrence Voliva III, Thomas G Creery and Vaishali S Bhatia.
View institutional ownership trends.

Shares of DINO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DINO stock can currently be purchased for approximately $41.32.

HF Sinclair (NYSE:DINO) has a market capitalization of $7.95 billion and generates $38.31 billion in revenue each year. The company earns $2.92 billion in net income (profit) each year or $14.59 on an earnings per share basis.

The company employs 5,223 workers across the globe.

HF Sinclair's mailing address is 2828 N Harwood St Ste 1300, Dallas, Texas 75201-2174. The official website for the company is www.hollyfrontier.com. The company can be reached via phone at (214) 954-6510, via email at investors@hollyfrontier.com, or via fax at 214-871-3560.