NYSE:PBFX - PBF Logistics Stock Price, News & Analysis

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

PBF Logistics announced a quarterly dividend on Thursday, August 1st. Investors of record on Thursday, August 15th will be paid a dividend of $0.515 per share on Friday, August 30th. This represents a $2.06 annualized dividend and a dividend yield of 10.48%. The ex-dividend date of this dividend is Wednesday, August 14th. This is a positive change from PBF Logistics's previous quarterly dividend of $0.51. View PBF Logistics' Dividend History.

PBF Logistics LP (NYSE:PBFX) issued its earnings results on Thursday, August, 1st. The pipeline company reported $0.37 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.37. The pipeline company earned $82.75 million during the quarter, compared to analyst estimates of $82.73 million. PBF Logistics had a return on equity of 50.22% and a net margin of 25.63%. The firm's quarterly revenue was up 21.5% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share. View PBF Logistics' Earnings History.

PBF Logistics is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for PBF Logistics.

2 brokerages have issued 12-month price objectives for PBF Logistics' shares. Their predictions range from $24.00 to $25.00. On average, they expect PBF Logistics' share price to reach $24.50 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for PBF Logistics.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PBF Logistics.

Media headlines about PBFX stock have trended negative this week, InfoTrie reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news 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 coverage optimism score of -2.3 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for PBF Logistics.

PBF Logistics saw a increase in short interest in July. As of July 31st, there was short interest totalling 194,900 shares, an increase of 31.0% from the June 30th total of 148,800 shares. Based on an average daily trading volume, of 102,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.8% of the shares of the stock are short sold. View PBF Logistics' Current Options Chain.

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

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), Omega Healthcare Investors (OHI), NGL Energy Partners (NGL), AT&T (T), KNOT Offshore Partners (KNOP), GasLog Partners LP Unit (GLOP), SunCoke Energy Partners (SXCP), Ares Capital (ARCC) and Dynagas LNG Partners (DLNG).

PBF Logistics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (4.31%), Invesco Ltd. (4.12%), Cohen & Steers Inc. (1.61%), JPMorgan Chase & Co. (1.35%), UBS Group AG (1.13%) and CIBC Private Wealth Group LLC (0.86%). Company insiders that own PBF Logistics stock include Bruce A Jones and David Roush. View Institutional Ownership Trends for PBF Logistics.

PBFX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley and Arrow Investment Advisors LLC. View Insider Buying and Selling for PBF Logistics.

PBFX stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Cohen & Steers Inc., Tortoise Capital Advisors L.L.C., CIBC Private Wealth Group LLC, JPMorgan Chase & Co., First Trust Advisors LP, Bank of Montreal Can and UBS Group AG. Company insiders that have bought PBF Logistics stock in the last two years include Bruce A Jones and David Roush. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of PBFX stock can currently be purchased for approximately $19.65.

PBF Logistics has a market capitalization of $1.22 billion and generates $283.44 million in revenue each year. The pipeline company earns $83.02 million in net income (profit) each year or $1.82 on an earnings per share basis. PBF Logistics employs 82 workers across the globe.View Additional Information About PBF Logistics.

The official website for PBF Logistics is http://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]