NYSE:PBF

PBF Energy (PBF) Stock Price, News & Analysis

$51.86
-0.74 (-1.41%)
(As of 05/3/2024 ET)
Today's Range
$51.50
$53.18
50-Day Range
$45.82
$62.05
52-Week Range
$31.25
$62.88
Volume
1.90 million shs
Average Volume
1.51 million shs
Market Capitalization
$6.20 billion
P/E Ratio
3.59
Dividend Yield
1.93%
Price Target
$57.91

PBF Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
11.7% Upside
$57.91 Price Target
Short Interest
Healthy
9.82% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.86mentions of PBF Energy in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$10.07 M Sold Last Quarter
Proj. Earnings Growth
-21.03%
From $7.75 to $6.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.95 out of 5 stars

Oils/Energy Sector

75th out of 240 stocks

Petroleum Refining Industry

8th out of 17 stocks

PBF stock logo

About PBF Energy Stock (NYSE:PBF)

PBF Energy Inc., through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. It is also involved in the provision of various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company was founded in 2008 and is based in Parsippany, New Jersey.

PBF Stock Price History

PBF Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Q1 2024 PBF Energy Inc Earnings Call
PBF Energy Inc. Q1 Profit Decreases, but beats estimates
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
PBF Energy: Q1 Earnings Snapshot
3 Energy Stocks That Could Be Heading Six-Feet Under
PBF Energy (PBF) Set to Announce Quarterly Earnings on Thursday
Piper Sandler Reaffirms Their Buy Rating on Valero Energy (VLO)
Piper Sandler Reaffirms Their Buy Rating on Phillips 66 (PSX)
Piper Sandler Reaffirms Their Buy Rating on Chevron (CVX)
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/14 Dividend
2/28/2024
Dividend Payable
3/14/2024
Today
5/05/2024
Ex-Dividend for 5/30 Dividend
5/15/2024
Dividend Payable
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Oil & Gas Refining & Marketing
CUSIP
69318G10
Fax
N/A
Employees
3,776
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$57.91
High Stock Price Target
$74.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+11.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.14 billion
Pretax Margin
6.66%

Debt

Sales & Book Value

Annual Sales
$38.32 billion
Cash Flow
$17.17 per share
Book Value
$55.06 per share

Miscellaneous

Free Float
113,221,000
Market Cap
$6.20 billion
Optionable
Optionable
Beta
1.73
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Key Executives

  • Mr. Thomas J. NimbleyMr. Thomas J. Nimbley (Age 73)
    Executive Chairman
    Comp: $5.25M
  • Mr. Matthew C. Lucey (Age 51)
    President, CEO & Director
    Comp: $3.85M
  • Ms. Karen Berriman Davis CPA (Age 67)
    Senior VP & CFO
    Comp: $3.9M
  • Ms. Trecia M. CantyMs. Trecia M. Canty (Age 54)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $2.96M
  • Mr. Timothy Paul Davis (Age 62)
    Senior Vice President of Supply, Trading & Optimization
    Comp: $2.96M
  • Mr. Thomas L. O'Connor (Age 51)
    Senior Vice President of Commodity Risk & Strategy
    Comp: $2.95M
  • Mr. Colin Murray
    Senior Director of Investor Relations
  • Ms. Wendy Ho Tai (Age 57)
    Senior Vice President of Human Resources
  • Mr. Steven G. Steach (Age 67)
    Senior VP & Head of Refining
  • Mr. James E. Fedena (Age 59)
    Senior Vice President of Logistics, Renewable Fuels & Strategic Assets

PBF Stock Analysis - Frequently Asked Questions

Should I buy or sell PBF Energy stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PBF Energy in the last year. There are currently 8 hold ratings and 4 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.
View PBF analyst ratings
or view top-rated stocks.

What is PBF Energy's stock price target for 2024?

12 Wall Street research analysts have issued 12-month price targets for PBF Energy's stock. Their PBF share price targets range from $45.00 to $74.00. On average, they predict the company's share price to reach $57.91 in the next twelve months. This suggests a possible upside of 11.7% 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 2024?

PBF Energy's stock was trading at $43.96 at the beginning of the year. Since then, PBF stock has increased by 18.0% and is now trading at $51.86.
View the best growth stocks for 2024 here
.

When is PBF Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PBF earnings forecast
.

How were PBF Energy's earnings last quarter?

PBF Energy Inc. (NYSE:PBF) announced its quarterly earnings results on Thursday, February, 15th. The oil and gas company reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.08 by $0.49. The oil and gas company had revenue of $9.14 billion for the quarter, compared to analyst estimates of $8.65 billion. PBF Energy had a trailing twelve-month return on equity of 18.49% and a net margin of 4.95%. PBF Energy's quarterly revenue was down 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.41 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 Thursday, May 2nd. Investors of record on Thursday, May 16th will be paid a dividend of $0.25 per share on Thursday, May 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, May 15th.
Read our dividend analysis for PBF
.

Is PBF Energy a good dividend stock?

PBF Energy (NYSE:PBF) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PBF will have a dividend payout ratio of 16.34% 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).

Who are PBF Energy's major shareholders?

PBF Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.42%), Hennessy Advisors Inc. (0.48%), Principal Financial Group Inc. (0.39%), BNP Paribas Financial Markets (0.19%), Van ECK Associates Corp (0.17%) and Allspring Global Investments Holdings LLC (0.16%). Insiders that own company stock include C Erik Young, Connor Thomas L O, Control Empresarial De Capital, John C Barone, Paul T Davis 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PBF) was last updated on 5/5/2024 by MarketBeat.com Staff

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