NYSE:PBF PBF Energy (PBF) Stock Forecast, Price & News $41.70 +0.38 (+0.92%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$40.30▼$41.7850-Day Range$31.43▼$43.3652-Week Range$24.63▼$49.00Volume2.16 million shsAverage Volume2.91 million shsMarket Capitalization$5.26 billionP/E Ratio1.62Dividend Yield1.92%Price Target$44.58 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PBF Energy MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside8.6% Upside$45.27 Price TargetShort InterestHealthy9.98% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.29Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-23.18%From $9.06 to $6.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.72 out of 5 starsOils/Energy Sector203rd out of 249 stocksPetroleum Refining Industry16th out of 17 stocks 1.2 Analyst's Opinion Consensus RatingPBF Energy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.27, PBF Energy has a forecasted upside of 8.6% from its current price of $41.69.Amount of Analyst CoveragePBF Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted9.98% of the float of PBF Energy has been sold short.Short Interest Ratio / Days to CoverPBF Energy has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PBF Energy has recently decreased by 28.93%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPBF Energy pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPBF Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PBF Energy is 3.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PBF Energy will have a dividend payout ratio of 11.49% next year. This indicates that PBF Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PBF. Previous Next 1.3 News and Social Media Coverage News SentimentPBF Energy has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for PBF Energy this week, compared to 8 articles on an average week.Search InterestOnly 14 people have searched for PBF on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added PBF Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PBF Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.30% of the stock of PBF Energy is held by insiders.Percentage Held by Institutions90.69% of the stock of PBF Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for PBF Energy are expected to decrease by -23.18% in the coming year, from $9.06 to $6.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PBF Energy is 1.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.36.Price to Earnings Ratio vs. SectorThe P/E ratio of PBF Energy is 1.62, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 47.73.Price to Book Value per Share RatioPBF Energy has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PBF Energy (NYSE:PBF) StockPBF Energy, Inc. engages in the operation of a petroleum refinery and supplies unbranded transportation fuels, heating oil, petrochemical feed stocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment involves refining crude oil and other feed stocks into petroleum products. The Logistics segment includes owning, leasing, operation, development, and acquisition of crude oil and refined petroleum products terminals, pipelines, storage facilities, and logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.Read More Receive PBF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PBF Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address PBF Stock News HeadlinesJune 8, 2023 | msn.comContra Costa health officials clear residents near refinery to eat vegetables after toxic dust worriesJune 8, 2023 | finance.yahoo.comVLO Jun 2023 112.000 callJune 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 3, 2023 | americanbankingnews.comPBF Energy (NYSE:PBF) Price Target Cut to $45.00 by Analysts at Wells Fargo & CompanyJune 1, 2023 | msn.comClimate battle looms as Smith wins Alberta election and targets TrudeauMay 30, 2023 | reuters.comU.S. climber urges better policing to keep Everest free from garbageMay 30, 2023 | msn.comBinance Australia customers seen selling bitcoin at a discountMay 30, 2023 | msn.comOil falls 2% on US debt deal struggles, OPEC+ talks uncertaintyJune 9, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See The True Value of Any StockGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 30, 2023 | americanbankingnews.comZacks Research Equities Analysts Lower Earnings Estimates for PBF Energy Inc. (NYSE:PBF)May 29, 2023 | msn.comA Big U.S. Oil Refinery Could Go Up After a 50-Year WaitMay 27, 2023 | msn.comPetronas says Malaysian anti-graft probe found no wrongdoing by the firmMay 27, 2023 | money.usnews.comFBI, EPA Canvass California Residents Over Refinery Emissions ReportMay 27, 2023 | americanbankingnews.comAnalysts Set PBF Energy Inc. (NYSE:PBF) PT at $45.08May 26, 2023 | msn.comFBI, EPA canvass California residents over refinery emissions- reportMay 26, 2023 | ca.finance.yahoo.comU.S. Justice Department probes California refinery over emissionsMay 26, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for PBF Energy Inc. (NYSE:PBF) Issued By Zacks ResearchMay 22, 2023 | americanbankingnews.comPBF Energy (NYSE:PBF) Receives New Coverage from Analysts at StockNews.comMay 22, 2023 | americanbankingnews.comPBF Energy (NYSE:PBF) Cut to "Neutral" at MizuhoMay 20, 2023 | americanbankingnews.comPBF Energy Inc. (NYSE:PBF) to Post FY2023 Earnings of $9.14 Per Share, Zacks Research ForecastsMay 19, 2023 | msn.comMizuho Downgrades PBF Energy Inc - (PBF)May 19, 2023 | americanbankingnews.comPBF Energy (NYSE:PBF) Given New $61.00 Price Target at Piper SandlerMay 19, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for PBF Energy Inc. Issued By Zacks Research (NYSE:PBF)May 18, 2023 | msn.comPiper Sandler Maintains PBF Energy Inc - (PBF) Overweight RecommendationMay 16, 2023 | msn.comJP Morgan Maintains PBF Energy Inc - (PBF) Overweight RecommendationMay 16, 2023 | finance.yahoo.comPBF Energy to Participate in the Wells Fargo Energy ConferenceMay 15, 2023 | msn.comPBF Energy: Long-Term Compounder At A Low MultipleSee More Headlines PBF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PBF Company Calendar Ex-Dividend for 3/16 Dividend2/28/2023Dividend Payable3/16/2023Last Earnings5/05/2023Ex-Dividend for 5/31 Dividend5/16/2023Dividend Payable5/31/2023Today6/09/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Petroleum refining Sub-IndustryOil & Gas Refining & Marketing SectorOils/Energy Current SymbolNYSE:PBF CUSIP69318G10 CIK1534504 Webwww.pbfenergy.com Phone(973) 455-7500FaxN/AEmployees3,616Year FoundedN/APrice Target and Rating Average Stock Price Forecast$45.27 High Stock Price Forecast$61.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+8.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$25.77 Trailing P/E Ratio1.60 Forward P/E Ratio4.55 P/E GrowthN/ANet Income$2.88 billion Net Margins6.98% Pretax Margin8.68% Return on Equity69.19% Return on Assets24.34% Debt Debt-to-Equity Ratio0.28 Current Ratio1.28 Quick Ratio0.66 Sales & Book Value Annual Sales$46.83 billion Price / Sales0.11 Cash Flow$26.93 per share Price / Cash Flow1.53 Book Value$38.72 per share Price / Book1.06Miscellaneous Outstanding Shares126,100,000Free Float119,414,000Market Cap$5.20 billion OptionableOptionable Beta1.93 Key ExecutivesThomas J. NimbleyChairman & Chief Executive OfficerMatthew C. LuceyPresidentKaren B. DavisSenior VP, Chief Financial & Accounting OfficerTrecia M. CantySecretary, Senior Vice President & General CounselTimothy Paul DavisSenior VP-Supply, Trading & OptimizationKey CompetitorsCVR EnergyNYSE:CVIDelek USNYSE:DKYPF Sociedad AnónimaNYSE:YPFSunocoNYSE:SUNCalumet Specialty Products PartnersNASDAQ:CLMTView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 77,228 shares on 6/1/2023Ownership: 0.069%ProShare Advisors LLCBought 1,063 shares on 5/26/2023Ownership: 0.016%Ameriprise Financial Inc.Bought 101,884 shares on 5/22/2023Ownership: 0.376%Putnam Investments LLCBought 3,578 shares on 5/22/2023Ownership: 0.046%New York State Common Retirement FundSold 26,351 shares on 5/18/2023Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions PBF Stock - Frequently Asked Questions Should I buy or sell PBF Energy stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Energy in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PBF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBF, but not buy additional shares or sell existing shares. View PBF analyst ratings or view top-rated stocks. What is PBF Energy's stock price forecast for 2023? 9 brokerages have issued 12 month price objectives for PBF Energy's shares. Their PBF share price forecasts range from $27.00 to $61.00. On average, they anticipate the company's share price to reach $45.27 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts price targets for PBF or view top-rated stocks among Wall Street analysts. How have PBF shares performed in 2023? PBF Energy's stock was trading at $40.78 at the beginning of 2023. Since then, PBF shares have increased by 1.0% and is now trading at $41.20. View the best growth stocks for 2023 here. Are investors shorting PBF Energy? PBF Energy saw a decline in short interest in May. As of May 15th, there was short interest totaling 11,200,000 shares, a decline of 28.9% from the April 30th total of 15,760,000 shares. Based on an average daily volume of 3,140,000 shares, the short-interest ratio is currently 3.6 days. Currently, 10.0% of the company's shares are sold short. View PBF Energy's Short Interest. When is PBF Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our PBF earnings forecast. How were PBF Energy's earnings last quarter? PBF Energy Inc. (NYSE:PBF) released its quarterly earnings data on Friday, May, 5th. The oil and gas company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.11. The oil and gas company had revenue of $9.30 billion for the quarter, compared to analysts' expectations of $8.39 billion. PBF Energy had a trailing twelve-month return on equity of 69.19% and a net margin of 6.98%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 earnings per share. How often does PBF Energy pay dividends? What is the dividend yield for PBF Energy? PBF Energy announced a quarterly dividend on Friday, May 5th. Shareholders of record on Wednesday, May 17th will be paid a dividend of $0.20 per share on Wednesday, May 31st. This represents a $0.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Tuesday, May 16th. Read our dividend analysis for PBF. What ETFs hold PBF Energy's stock? ETFs with the largest weight of PBF Energy (NYSE:PBF) stock in their portfolio include Invesco DWA Energy Momentum ETF (PXI), Invesco S&P MidCap Value with Momentum ETF (XMVM), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco S&P MidCap 400 Pure Growth ETF (RFG), VanEck Oil Refiners ETF (CRAK), Invesco Dynamic Energy Exploration & Production ETF (PXE), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and First Trust Nasdaq Oil & Gas ETF (FTXN). Is PBF Energy a good dividend stock? PBF Energy (NYSE:PBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 3.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PBF will have a dividend payout ratio of 11.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PBF. What is Thomas J. Nimbley's approval rating as PBF Energy's CEO? 38 employees have rated PBF Energy Chief Executive Officer Thomas J. Nimbley on Glassdoor.com. Thomas J. Nimbley has an approval rating of 56% among the company's employees. This puts Thomas J. Nimbley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of PBF Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other PBF Energy investors own include Energy Transfer (ET), AT&T (T), Valero Energy (VLO), Ford Motor (F), Walt Disney (DIS), Micron Technology (MU), NVIDIA (NVDA), Pfizer (PFE), Intel (INTC) and Netflix (NFLX). What is PBF Energy's stock symbol? PBF Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBF." Who are PBF Energy's major shareholders? PBF Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.74%), Dimensional Fund Advisors LP (5.21%), State Street Corp (4.64%), Bank of New York Mellon Corp (2.65%), Arrowstreet Capital Limited Partnership (2.38%) and Geode Capital Management LLC (2.00%). Insiders that own company stock include C Erik Young, Connor Thomas L O, Control Empresarial De Capital, John C Barone, Paul T Davis, Thomas J Nimbley and Trecia M Canty. View institutional ownership trends. How do I buy shares of PBF Energy? Shares of PBF 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. Compare Top Brokerages Here. What is PBF Energy's stock price today? One share of PBF stock can currently be purchased for approximately $41.20. How much money does PBF Energy make? PBF Energy (NYSE:PBF) has a market capitalization of $5.20 billion and generates $46.83 billion in revenue each year. The oil and gas company earns $2.88 billion in net income (profit) each year or $25.77 on an earnings per share basis. How many employees does PBF Energy have? The company employs 3,616 workers across the globe. How can I contact PBF Energy? PBF Energy's mailing address is 1 SYLVAN WAY SECOND FLOOR, PARSIPPANY NJ, 07054. The official website for the company is www.pbfenergy.com. The oil and gas company can be reached via phone at (973) 455-7500 or via email at ir@pbfenergy.com. This page (NYSE:PBF) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PBF Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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