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

PBF Logistics' stock was trading at $11.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PBFX shares have decreased by 57.8% and is now trading at $4.64. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 2 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 Wednesday, May 6th 2020. View our earnings forecast for PBF Logistics.

PBF Logistics LP (NYSE:PBFX) issued its quarterly earnings data on Thursday, February, 13th. The pipeline company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The pipeline company had revenue of $92.20 million for the quarter, compared to analysts' expectations of $88.73 million. PBF Logistics had a return on equity of 83.83% and a net margin of 29.48%. The firm's quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share. View PBF Logistics' earnings history.

PBF Logistics announced a quarterly dividend on Thursday, February 13th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.52 per share on Tuesday, March 17th. This represents a $2.08 annualized dividend and a yield of 44.83%. The ex-dividend date of this dividend is Monday, February 24th. This is a positive change from PBF Logistics's previous quarterly dividend of $0.52. View PBF Logistics' dividend history.

3 equities research analysts have issued 12-month price targets for PBF Logistics' stock. Their forecasts range from $13.00 to $25.00. On average, they anticipate PBF Logistics' share price to reach $19.00 in the next twelve months. This suggests a possible upside of 309.5% from the stock's current price. View analysts' price targets for PBF Logistics.

News headlines about PBFX stock have trended somewhat negative on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PBF Logistics earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutPBF Logistics.

PBF Logistics saw a decline in short interest in March. As of March 13th, there was short interest totaling 47,900 shares, a decline of 42.6% from the February 27th total of 83,500 shares. Based on an average trading volume of 99,700 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. View PBF Logistics' Current Options Chain.

Some companies that are related to PBF Logistics include Holly Energy Partners (HEP), Plains GP (PAGP), BP Midstream Partners (BPMP), NuStar Energy (NS), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX) 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), AT&T (T), NGL Energy Partners (NGL), Omega Healthcare Investors (OHI), Hoegh LNG Partners (HMLP), Ares Capital (ARCC), GasLog Partners LP Unit (GLOP), KNOT Offshore Partners (KNOP) and ANNALY CAP MGMT/SH (NLY).

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 investors include Tortoise Capital Advisors L.L.C. (6.39%), Tortoise Capital Advisors L.L.C. (6.39%), Goldman Sachs Group Inc. (5.54%), UBS Group AG (1.32%), CIBC Private Wealth Group LLC (0.65%) and First Trust Advisors LP (0.44%). 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 Cohen & Steers Inc., Goldman Sachs Group Inc., CIBC Private Wealth Group LLC, Bank of America Corp DE, Advisory Services Network LLC, Spirit of America Management Corp NY, Citigroup Inc., and First Trust Advisors LP. View insider buying and selling activity for PBF Logistics.

PBFX stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., UBS Group AG, Russell Investments Group Ltd., California Public Employees Retirement System, Advisors Asset Management Inc., Amundi Pioneer Asset Management Inc., and Securian Asset Management Inc. 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 $4.64.

PBF Logistics has a market capitalization of $288.28 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. 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]