PBF Energy - PBF Stock Forecast, Price & News

10 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 5 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.

10 equities research analysts have issued 12 month price targets for PBF Energy's shares. Their PBF share price forecasts range from $27.00 to $69.00. On average, they predict the company's share price to reach $44.31 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for PBF or view top-rated stocks among Wall Street analysts.

PBF Energy's stock was trading at $40.78 at the start of the year. Since then, PBF shares have decreased by 1.6% and is now trading at $40.14.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our PBF earnings forecast.

PBF Energy Inc. (NYSE:PBF) released its quarterly earnings results on Thursday, February, 16th. The oil and gas company reported $4.41 EPS for the quarter, missing the consensus estimate of $4.95 by $0.54. The oil and gas company had revenue of $10.85 billion for the quarter, compared to the consensus estimate of $9.71 billion. PBF Energy had a trailing twelve-month return on equity of 72.79% and a net margin of 6.14%. The business's quarterly revenue was up 31.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.28 earnings per share.

PBF Energy announced a quarterly dividend on Thursday, February 16th. Investors of record on Wednesday, March 1st will be paid a dividend of $0.20 per share on Thursday, March 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for PBF.

ETFs with the largest weight of PBF Energy (NYSE:PBF) stock in their portfolio include First Trust Nasdaq Oil & Gas ETF (FTXN), Invesco S&P MidCap Value with Momentum ETF (XMVM), VanEck Oil Refiners ETF (CRAK), Innovator IBD 50 ETF (FFTY), Invesco Dynamic Energy Exploration & Production ETF (PXE), Invesco S&P MidCap 400 Pure Growth ETF (RFG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Invesco S&P MidCap 400 Revenue ETF (RWK).

PBF Energy (NYSE:PBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.87%. The dividend payout ratio is 3.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PBF will have a dividend payout ratio of 11.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PBF.

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.

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).

PBF Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBF."

PBF Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (8.26%), Dimensional Fund Advisors LP (5.25%), Deutsche Bank AG (3.73%), Arrowstreet Capital Limited Partnership (2.45%), First Trust Advisors LP (2.25%) and Millennium Management LLC (2.14%). Insiders that own company stock include C Erik Young, Carso SA De CV Inversora, 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.

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.

One share of PBF stock can currently be purchased for approximately $40.14.

PBF Energy (NYSE:PBF) has a market capitalization of $5.18 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 $22.73 on an earnings per share basis.

The company employs 3,616 workers across the globe.

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.