PBF Energy - PBF Stock Forecast, Price & News

10 Wall Street research 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 research 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.
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10 Wall Street analysts have issued 1 year price objectives for PBF Energy's stock. Their PBF share price forecasts range from $27.00 to $69.00. On average, they expect the company's share price to reach $45.31 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
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PBF Energy's stock was trading at $40.78 at the beginning of the year. Since then, PBF stock has increased by 7.7% and is now trading at $43.92.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
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PBF Energy will be holding an earnings conference call on Friday, May 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

PBF Energy Inc. (NYSE:PBF) released its quarterly earnings data on Thursday, February, 16th. The oil and gas company reported $4.41 EPS for the quarter, missing analysts' consensus estimates of $4.95 by $0.54. The oil and gas company earned $10.85 billion during the quarter, compared to analyst estimates 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 company's quarterly revenue was up 31.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.28 earnings per share.

PBF Energy announced a quarterly dividend on Thursday, February 16th. Shareholders 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 annualized dividend and a dividend yield of 1.82%. The ex-dividend date 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 S&P MidCap 400 Pure Growth ETF (RFG), Invesco Dynamic Energy Exploration & Production ETF (PXE), Invesco S&P MidCap 400 Revenue ETF (RWK) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

PBF Energy (NYSE:PBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.95%. 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 institutional and retail 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.
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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.
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One share of PBF stock can currently be purchased for approximately $43.92.

PBF Energy (NYSE:PBF) has a market capitalization of $5.66 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.