NYSE:HFCHollyFrontier Stock Price, Forecast & News

$31.45

-0.02 (-0.06 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$30.75

Now: $31.45▼

$31.89

50-Day Range

$23.07

MA: $28.88▼

$33.63

52-Week Range

$18.48

Now: $31.45▼

$58.88

Volume2.97 million shs

Average Volume2.13 million shs

Market Capitalization$5.09 billion

P/E Ratio25.78

Dividend Yield4.45%

Beta1.76

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily produces high-value light products, such as gasoline, diesel and jet fuel, and specialty lubricant products, as well as specialty and modified asphalt. The company offers its products to other refiners, convenience store chains, independent marketers, retailers, truck stop chains, wholesalers, railroads, governmental entities, and paving contractors or manufacturers, as well as for commercial airline use. It owns and operates 5 refineries with a combined crude oil processing capacity of approximately 457,000 barrels per day in El Dorado, Kansas; Tulsa, Oklahoma; Artesia, New Mexico; Cheyenne, Wyoming; and Woods Cross, Utah. The company also owns and operates vacuum distillation and other facilities in Lovington, New Mexico, as well as asphalt terminals in Arizona, New Mexico, and Oklahoma. Its refineries serve markets in the Mid-Continent, Southwest, and Rocky Mountain regions of the United States. In addition, HollyFrontier Corporation produces base oils and other specialized lubricant products; and owns and operates logistic assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities, and refinery processing units. The company was formerly known as Holly Corporation and changed its name to HollyFrontier Corporation as a result of its merger with Frontier Oil Corporation in July 2011. HollyFrontier Corporation was founded in 1947 and is headquartered in Dallas, Texas.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
HollyFrontier has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.80, HollyFrontier has a potential upside of 20.2% from its current price of $31.45.
Amount of Analyst Coverage
HollyFrontier has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
HollyFrontier has received 625 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
HollyFrontier has received 689 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
HollyFrontier has received 52.44% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about HollyFrontier and other stocks. Vote “Outperform” if you believe HFC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HFC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
HollyFrontier is a leading dividend payer. It pays a dividend yield of 4.45%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
HollyFrontier has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of HollyFrontier is 28.57 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, HollyFrontier will have a dividend payout ratio of 78.21 % in the coming year. This indicates that HollyFrontier may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HollyFrontier insiders have bought more of their company's stock than they have sold. Specifically, they have bought $215,400.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.44% of the stock of HollyFrontier is held by insiders.
Percentage Held by Institutions
82.67% of the stock of HollyFrontier is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for HollyFrontier are expected to grow in the coming year, from ($0.02) to $1.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HollyFrontier is 25.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of HollyFrontier is 25.78, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.10.
Price to Book Value per Share Ratio
HollyFrontier has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.68 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Petroleum refining

Sub-IndustryOil & Gas Refining & Marketing

SectorOils/Energy

Current SymbolNYSE:HFC

Previous SymbolNYSE:HOC

CUSIP43610610

CIK48039

Webwww.hollyfrontier.com

Phone214-871-3555

Debt

Debt-to-Equity Ratio0.46

Current Ratio1.92

Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio25.78

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$17.49 billion

Price / Sales0.29

Cash Flow$9.20 per share

Price / Cash Flow3.42

Book Value$37.75 per share

Price / Book0.83

Profitability

EPS (Most Recent Fiscal Year)$4.90

Net Income$772.39 million

Net Margins1.26%

Return on Equity12.69%

Return on Assets6.83%

Miscellaneous

Employees4,074

Outstanding Shares161,890,000

Market Cap$5.09 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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HollyFrontier (NYSE:HFC) Frequently Asked Questions

How has HollyFrontier's stock been impacted by COVID-19 (Coronavirus)?

HollyFrontier's stock was trading at $22.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HFC stock has increased by 42.2% and is now trading at $31.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of HollyFrontier?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HollyFrontier in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for HollyFrontier.

When is HollyFrontier's next earnings date?

HollyFrontier is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for HollyFrontier.

How were HollyFrontier's earnings last quarter?

HollyFrontier Corp (NYSE:HFC) released its quarterly earnings results on Thursday, May, 7th. The oil and gas company reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.12. The oil and gas company earned $3.40 billion during the quarter, compared to analyst estimates of $3.74 billion. HollyFrontier had a return on equity of 12.69% and a net margin of 1.26%. The business's quarterly revenue was down 12.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. View HollyFrontier's earnings history.

How often does HollyFrontier pay dividends? What is the dividend yield for HollyFrontier?

HollyFrontier announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Tuesday, May 26th will be paid a dividend of $0.35 per share on Thursday, June 18th. This represents a $1.40 annualized dividend and a yield of 4.45%. The ex-dividend date is Friday, May 22nd. View HollyFrontier's dividend history.

What price target have analysts set for HFC?

11 Wall Street analysts have issued 1-year target prices for HollyFrontier's stock. Their forecasts range from $22.00 to $53.00. On average, they anticipate HollyFrontier's share price to reach $37.80 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for HollyFrontier.

Has HollyFrontier been receiving favorable news coverage?

Media headlines about HFC stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. HollyFrontier earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the next few days. View the latest news aboutHollyFrontier.

Are investors shorting HollyFrontier?

HollyFrontier saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,380,000 shares, an increase of 5.9% from the April 30th total of 6,970,000 shares. Based on an average trading volume of 3,100,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 4.6% of the company's shares are short sold. View HollyFrontier's Current Options Chain.

Who are some of HollyFrontier's key competitors?

Some companies that are related to HollyFrontier include Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), CVR Energy (CVI), World Fuel Services (INT), Delek US (DK), PBF Energy (PBF), Renewable Energy Group (REGI), Amyris (AMRS), Clean Energy Fuels (CLNE), REX American Resources (REX), Green Plains (GPRE), Adams Resources & Energy (AE) and Gevo (GEVO). View all competitors.

What other stocks do shareholders of HollyFrontier own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HollyFrontier investors own include Valero Energy (VLO), Micron Technology (MU), NVIDIA (NVDA), QUALCOMM (QCOM), Exxon Mobil (XOM), Marathon Petroleum (MPC), ConocoPhillips (COP), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Who are HollyFrontier's key executives?

HollyFrontier's management team includes the following people:

Mr. George J. Damiris, CEO, Pres & Director (Age 59)
Mr. Richard Lawrence Voliva III, CFA, CFO & Exec. VP (Age 41)
Ms. Denise Clark Mcwatters, Sr. VP, Gen. Counsel & Sec. (Age 59)
Mr. James M. Stump, Sr. VP of Refining (Age 51)
Mr. Thomas G. Creery, Sr. VP of Commercial (Age 60)

What is HollyFrontier's stock symbol?

HollyFrontier trades on the New York Stock Exchange (NYSE) under the ticker symbol "HFC."

Who are HollyFrontier's major shareholders?

HollyFrontier's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.21%), TCTC Holdings LLC (7.68%), State Street Corp (6.40%), Bank of New York Mellon Corp (2.15%), APG Asset Management N.V. (2.04%) and AQR Capital Management LLC (1.62%). Company insiders that own HollyFrontier stock include Franklin Myers, George John Damiris, John W Gann Jr, Michael Jennings, Richard Lawrence Voliva III, Robert J Kostelnik and Thomas G Creery. View institutional ownership trends for HollyFrontier.

Which institutional investors are selling HollyFrontier stock?

HFC stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Two Sigma Investments LP, AJO LP, Two Sigma Advisers LP, Victory Capital Management Inc., Victory Capital Management Inc., and Invesco Ltd.. Company insiders that have sold HollyFrontier company stock in the last year include John W Gann Jr, Richard Lawrence Voliva III, and Thomas G Creery. View insider buying and selling activity for HollyFrontier.

Which institutional investors are buying HollyFrontier stock?

HFC stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., State Street Corp, Parametric Portfolio Associates LLC, Alliancebernstein L.P., Towle & Co., APG Asset Management N.V., Arkfeld Wealth Strategies L.L.C., and JPMorgan Chase & Co.. Company insiders that have bought HollyFrontier stock in the last two years include Franklin Myers, and Richard Lawrence Voliva III. View insider buying and selling activity for HollyFrontier.

How do I buy shares of HollyFrontier?

Shares of HFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is HollyFrontier's stock price today?

One share of HFC stock can currently be purchased for approximately $31.45.

How big of a company is HollyFrontier?

HollyFrontier has a market capitalization of $5.09 billion and generates $17.49 billion in revenue each year. The oil and gas company earns $772.39 million in net income (profit) each year or $4.90 on an earnings per share basis. HollyFrontier employs 4,074 workers across the globe.

What is HollyFrontier's official website?

The official website for HollyFrontier is www.hollyfrontier.com.

How can I contact HollyFrontier?

HollyFrontier's mailing address is 2828 N. HARWOOD SUITE 1300, DALLAS TX, 75201. The oil and gas company can be reached via phone at 214-871-3555 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff