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 declared 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 9.27%. The ex-dividend date 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) posted its quarterly earnings data on Thursday, May, 3rd. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.06. The pipeline company had revenue of $64 million for the quarter, compared to analyst estimates of $67.75 million. PBF Logistics had a net margin of 33.57% and a return on equity of 56.03%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.55 EPS. 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 brokerages have issued 1-year price objectives for PBF Logistics' stock. Their predictions range from $22.50 to $24.00. On average, they anticipate PBF Logistics' stock price to reach $23.50 in the next twelve months. View Analyst Ratings for PBF Logistics.

PBF Logistics saw a decrease in short interest in May. As of May 31st, there was short interest totalling 265,425 shares, a decrease 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 currently 1.3 days. Approximately 1.4% of the company's shares are short sold.

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

Headlines about PBFX stock have trended positive recently, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PBF Logistics earned a media sentiment score of 0.28 on Accern's scale. They also assigned news coverage about the pipeline company an impact score of 45.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

PBF Logistics' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 purchased 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 $21.15.

PBF Logistics has a market capitalization of $887.86 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]