PBF Energy - PBF Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Energy in the last year. There are currently 2 sell ratings, 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.
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11 equities research analysts have issued 1 year target prices for PBF Energy's shares. Their PBF share price forecasts range from $25.00 to $69.00. On average, they anticipate the company's stock price to reach $39.83 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
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PBF Energy's stock was trading at $12.97 at the beginning of the year. Since then, PBF stock has increased by 206.6% and is now trading at $39.77.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our PBF earnings forecast.

PBF Energy Inc. (NYSE:PBF) announced its quarterly earnings results on Thursday, October, 28th. The oil and gas company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.37. The oil and gas company earned $7.19 billion during the quarter, compared to analyst estimates of $6.44 billion. PBF Energy had a net margin of 5.44% and a trailing twelve-month return on equity of 73.75%. The company's revenue for the quarter was up 96.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($2.87) earnings per share.

PBF Energy announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Monday, November 14th will be paid a dividend of $0.20 per share on Tuesday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Thursday, November 10th.
Read our dividend analysis for PBF.

PBF Energy (NYSE:PBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 4.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PBF will have a dividend payout ratio of 7.40% 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.96%), Vanguard Group Inc. (10.75%), Dimensional Fund Advisors LP (5.16%), Bank of New York Mellon Corp (3.31%), First Trust Advisors LP (2.32%) and Two Sigma Investments LP (1.66%). 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.
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One share of PBF stock can currently be purchased for approximately $39.77.

PBF Energy (NYSE:PBF) has a market capitalization of $4.87 billion and generates $27.25 billion in revenue each year. The oil and gas company earns $231 million in net income (profit) each year or $19.23 on an earnings per share basis.

The company employs 3,418 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.