NYSE:PBFXPBF Logistics Stock Price, Forecast & News

PBF Logistics' stock was trading at $11.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PBFX shares have decreased by 5.5% and is now trading at $10.40. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PBF Logistics.

PBF Logistics is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for PBF Logistics.

PBF Logistics LP (NYSE:PBFX) released its quarterly earnings data on Friday, May, 15th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.48 by $0.11. The pipeline company had revenue of $93.03 million for the quarter, compared to analyst estimates of $88.82 million. PBF Logistics had a net margin of 33.22% and a return on equity of 113.76%. View PBF Logistics' earnings history.

PBF Logistics declared a quarterly dividend on Monday, May 18th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.30 per share on Wednesday, June 17th. This represents a $1.20 annualized dividend and a dividend yield of 11.54%. The ex-dividend date of this dividend is Tuesday, May 26th. View PBF Logistics' dividend history.

4 analysts have issued 1-year price targets for PBF Logistics' stock. Their forecasts range from $10.00 to $13.50. On average, they anticipate PBF Logistics' stock price to reach $12.17 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for PBF Logistics.

Press coverage about PBFX stock has been trending very positive on Tuesday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PBF Logistics earned a media sentiment score of 3.5 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutPBF Logistics.

PBF Logistics saw a decline in short interest in May. As of May 15th, there was short interest totaling 157,500 shares, a decline of 5.5% from the April 30th total of 166,600 shares. Based on an average daily trading volume, of 465,900 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.7% of the shares of the stock are short sold. View PBF Logistics' Current Options Chain.

Some companies that are related to PBF Logistics include NuStar Energy (NS), Plains GP (PAGP), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PBF Logistics investors own include Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), AT&T (T), NGL Energy Partners (NGL), Omega Healthcare Investors (OHI), ANNALY CAP MGMT/SH (NLY), Ares Capital (ARCC), GasLog Partners LP Unit (GLOP), Hoegh LNG Partners (HMLP) and Mplx (MPLX).

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

PBF Logistics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Clearbridge Investments LLC (4.92%), Tortoise Capital Advisors L.L.C. (2.99%), Morgan Stanley (2.17%), Morgan Stanley (2.16%), JPMorgan Chase & Co. (1.52%) and UBS Group AG (1.14%). Company insiders that own PBF Logistics stock include Bruce A Jones, Carso SA De CV Inversora, David Roush and Karen Berriman Davis. View institutional ownership trends for PBF Logistics.

PBFX stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Clearbridge Investments LLC, UBS Group AG, GSA Capital Partners LLP, M&T Bank Corp, Citigroup Inc., and First Trust Advisors LP. View insider buying and selling activity for PBF Logistics.

PBFX stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Harvest Fund Advisors LLC, Wells Fargo & Company MN, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, JPMorgan Chase & Co., Avalon Investment & Advisory, and Vident Investment Advisory LLC. Company insiders that have bought PBF Logistics stock in the last two years include Bruce A Jones, Carso SA De CV Inversora, David Roush, and Karen Berriman Davis. View insider buying and selling activity for PBF Logistics.

Shares of PBFX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PBFX stock can currently be purchased for approximately $10.40.

PBF Logistics has a market capitalization of $648.44 million and generates $340.21 million in revenue each year. The pipeline company earns $100.29 million in net income (profit) each year or $1.99 on an earnings per share basis. PBF Logistics employs 82 workers across the globe.

The official website for PBF Logistics is www.pbflogistics.com.

PBF Logistics' mailing address is ONE SYLVAN WAY SECOND FLOOR, PARSIPPANY NJ, 07054. The pipeline company can be reached via phone at 973-455-7500 or via email at [email protected]