NYSE:PBFX - PBF Logistics Stock Price, Price Target & More

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

PBF Logistics announced a quarterly dividend on Friday, May 4th. Stockholders of record on Tuesday, May 15th will be given a dividend of $0.49 per share on Wednesday, May 30th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend is Monday, May 14th. This is a positive change from PBF Logistics's previous quarterly dividend of $0.49. View PBF Logistics' Dividend History.

PBF Logistics LP (NYSE:PBFX) issued its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.06. The pipeline company earned $64 million during the quarter, compared to the consensus estimate of $67.75 million. PBF Logistics had a return on equity of 56.03% and a net margin of 33.57%. The business's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. View PBF Logistics' Earnings History.

PBF Logistics is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for PBF Logistics.

3 equities research analysts have issued 12 month price objectives for PBF Logistics' stock. Their forecasts range from $22.50 to $24.00. On average, they anticipate PBF Logistics' share price to reach $23.50 in the next twelve months. View Analyst Ratings for PBF Logistics.

PBF Logistics saw a drop in short interest in May. As of May 31st, there was short interest totalling 265,425 shares, a drop of 64.1% from the May 15th total of 738,982 shares. Based on an average trading volume of 198,661 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.4% of the company's stock are sold short. View PBF Logistics' Current Options Chain.

Some companies that are related to PBF Logistics include Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), TransMontaigne Partners (TLP), NuStar GP (NSH) and Blueknight Energy Partners LP Common Stock (BKEP).

Press coverage about PBFX stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PBF Logistics earned a media sentiment score of 0.13 on Accern's scale. They also assigned media coverage about the pipeline company an impact score of 44.39 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

PBF Logistics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (2.38%), Atlantic Trust Group LLC (1.59%), UBS Group AG (1.26%), Global X Management Co. LLC (0.92%), NBW Capital LLC (0.87%) and BP Capital Fund Advisors LLC (0.35%). View Institutional Ownership Trends for PBF Logistics.

PBFX stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, GSA Capital Partners LLP, Wells Fargo & Company MN, Global X Management Co. LLC, NBW Capital LLC, Institutional & Family Asset Management LLC, Advantus Capital Management Inc and BP Capital Fund Advisors LLC. View Insider Buying and Selling for PBF Logistics.

PBFX stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., State of New Jersey Common Pension Fund D, Green Square Capital LLC, UBS Group AG and Atlantic Trust Group LLC. 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 $21.20.

PBF Logistics has a market capitalization of $894.15 million and generates $254.81 million in revenue each year. The pipeline company earns $100.28 million in net income (profit) each year or $2.17 on an earnings per share basis. PBF Logistics employs 39 workers across the globe.

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]