NYSE:PBFX PBF Logistics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PBF Logistics LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.88 0.00 (0.00 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$8.76Now: $8.88▼$9.0050-Day Range$8.46MA: $9.71▼$11.0152-Week Range$3.06Now: $8.88▼$21.96Volume327,213 shsAverage Volume344,118 shsMarket Capitalization$553.68 millionP/E Ratio4.15Dividend Yield13.51%Beta1.7 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other logistics assets in the United States. It operates through two segments, Transportation and Terminaling; and Storage. The company's assets include Delaware City Refining Company LLC (DCR) rail terminal, a double loop track with ancillary pumping and unloading equipment; the Toledo Truck Terminal, a crude truck unloading terminal; the DCR West Rack, a heavy crude oil rail unloading facility at the Delaware city refinery; the Toledo storage facility, which includes a propane storage and loading facility; the DCR products pipeline, an interstate petroleum products pipeline; the DCR Truck Rack, a truck loading rack; the San Joaquin Valley pipeline system and Paulsboro natural gas pipeline; and Knoxville Terminals, which consists of two refined product terminals located in Knoxville, Tennessee. It engages in the receiving, handling, storage, and transferring of crude oil, refined products, natural gas, and intermediates. PBF Logistics GP LLC serves as the general partner of PBF Logistics LP. The company was founded in 2012 and is headquartered in Parsippany, New Jersey. PBF Logistics LP is a subsidiary of PBF Energy Inc.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingPBF Logistics has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.13, PBF Logistics has a forecasted upside of 47.8% from its current price of $8.88.Amount of Analyst CoveragePBF Logistics has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesPBF Logistics has received 212 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPBF Logistics has received 306 “underperform” votes. (Add your “underperform” vote.)Community SentimentPBF Logistics has received 59.07% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about PBF Logistics and other stocks. Vote “Outperform” if you believe PBFX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PBFX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipPBF Logistics is a leading dividend payer. It pays a dividend yield of 13.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPBF Logistics has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of PBF Logistics is 60.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PBF Logistics will have a dividend payout ratio of 53.10% next year. This indicates that PBF Logistics will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PBF Logistics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,714.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.90% of the stock of PBF Logistics is held by insiders.Percentage Held by InstitutionsOnly 26.62% of the stock of PBF Logistics is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for PBF Logistics are expected to grow by 1.80% in the coming year, from $2.22 to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PBF Logistics is 4.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of PBF Logistics is 4.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.28.Price to Book Value per Share RatioPBF Logistics has a P/B Ratio of 5.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:PBFX Previous Symbol CUSIPN/A CIK1582568 Webwww.pbflogistics.com Phone973-455-7500Debt Debt-to-Equity Ratio6.04 Current Ratio2.40 Quick Ratio2.40Price-To-Earnings Trailing P/E Ratio4.15 Forward P/E Ratio4.00 P/E GrowthN/A Sales & Book Value Annual Sales$340.21 million Price / Sales1.63 Cash Flow$2.61 per share Price / Cash Flow3.40 Book Value$1.69 per share Price / Book5.25Profitability EPS (Most Recent Fiscal Year)$1.99 Net Income$100.29 million Net Margins36.88% Return on Equity122.28% Return on Assets13.62%Miscellaneous Employees82 Outstanding Shares62,351,000Market Cap$553.68 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $8.88 0.00 (0.00 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PBFX News and Ratings via Email Sign-up to receive the latest news and ratings for PBFX and its competitors with MarketBeat's FREE daily newsletter. PBF Logistics (NYSE:PBFX) Frequently Asked Questions How has PBF Logistics' stock price been impacted by COVID-19? 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 stock has decreased by 19.3% and is now trading at $8.88. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of PBF Logistics? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PBF Logistics. When is PBF Logistics' next earnings date? PBF Logistics is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for PBF Logistics. How were PBF Logistics' earnings last quarter? PBF Logistics LP (NYSE:PBFX) released its quarterly earnings results on Friday, July, 31st. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.15. The pipeline company earned $89.13 million during the quarter, compared to the consensus estimate of $90.40 million. PBF Logistics had a return on equity of 122.28% and a net margin of 36.88%. View PBF Logistics' earnings history. How often does PBF Logistics pay dividends? What is the dividend yield for PBF Logistics? PBF Logistics declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.30 per share on Wednesday, August 26th. This represents a $1.20 annualized dividend and a dividend yield of 13.51%. The ex-dividend date is Wednesday, August 12th. View PBF Logistics' dividend history. What price target have analysts set for PBFX? 5 brokers have issued 1 year price targets for PBF Logistics' shares. Their forecasts range from $11.00 to $15.00. On average, they expect PBF Logistics' share price to reach $13.13 in the next year. This suggests a possible upside of 47.8% from the stock's current price. View analysts' price targets for PBF Logistics. Are investors shorting PBF Logistics? PBF Logistics saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 133,100 shares, a decrease of 51.1% from the August 15th total of 272,200 shares. Based on an average trading volume of 288,300 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company's shares are short sold. View PBF Logistics' Short Interest. Who are some of PBF Logistics' key competitors? Some companies that are related to PBF Logistics include Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX) and Blueknight Energy Partners (BKEP). View all competitors. What other stocks do shareholders of PBF Logistics own? 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), NGL Energy Partners (NGL), AT&T (T), ANNALY CAP MGMT/SH (NLY), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Hoegh LNG Partners (HMLP), Mplx (MPLX) and Delek Logistics Partners (DKL). Who are PBF Logistics' key executives? PBF Logistics' management team includes the following people: Mr. Thomas J. Nimbley, Chairman & CEO of PBF Logistics GP, LLC (Age 68)Mr. Matthew C. Lucey, Exec. VP & Director of PBF Logistics GP, LLC (Age 46)Mr. C. Erik Young, Sr. VP, CFO & Director of PBF Logistics GP LLC (Age 42)Ms. Trecia M. Canty, Sr. VP, Gen. Counsel & Sec. of PBF Logistics GP LLC (Age 49)Mr. Timothy Paul Davis, Assistant Sec. of PBF Logistics GP, LLC (Age 57) What is PBF Logistics' stock symbol? PBF Logistics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBFX." Who are PBF Logistics' major shareholders? PBF Logistics' stock is owned by many different institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (3.47%), CIBC Private Wealth Group LLC (1.46%), First Trust Advisors LP (0.76%), Bank of Montreal Can (0.65%), UBS Group AG (0.64%) and Blackstone Group Inc (0.38%). Company insiders that own PBF Logistics stock include Bruce A Jones, Carso SA De CV Inversora, Control Empresarial De Capital, David Roush and Karen Berriman Davis. View institutional ownership trends for PBF Logistics. Which major investors are selling PBF Logistics stock? PBFX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Goldman Sachs Group Inc., and Bank of America Corp DE. View insider buying and selling activity for PBF Logistics. Which major investors are buying PBF Logistics stock? PBFX stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Blackstone Group Inc, First Trust Advisors LP, CIBC Private Wealth Group LLC, Campbell Capital Management Inc., State of Tennessee Treasury Department, California Public Employees Retirement System, and Advisor Group Holdings Inc.. Company insiders that have bought PBF Logistics stock in the last two years include Bruce A Jones, Carso SA De CV Inversora, Control Empresarial De Capital, David Roush, and Karen Berriman Davis. View insider buying and selling activity for PBF Logistics. How do I buy shares of 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. What is PBF Logistics' stock price today? One share of PBFX stock can currently be purchased for approximately $8.88. How big of a company is PBF Logistics? PBF Logistics has a market capitalization of $553.68 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. What is PBF Logistics' official website? The official website for PBF Logistics is www.pbflogistics.com. How can I contact PBF Logistics? 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
