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 annualized dividend and a dividend yield of 9.14%. The ex-dividend date is Monday, May 14th. This is an increase from PBF Logistics's previous quarterly dividend of $0.49. View PBF Logistics' Dividend History.

PBF Logistics LP (NYSE:PBFX) released its earnings results on Thursday, May, 3rd. The pipeline company reported $0.43 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.06. The pipeline company earned $64 million during the quarter, compared to analyst estimates of $67.75 million. PBF Logistics had a return on equity of 56.03% and a net margin of 33.57%. PBF Logistics's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 forecasts range from $22.50 to $24.00. On average, they expect PBF Logistics' stock price to reach $23.50 in the next year. 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 daily volume of 198,661 shares, the short-interest ratio is presently 1.3 days. Currently, 1.4% of the shares of the 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 trended positive this week, Accern Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PBF Logistics earned a news sentiment score of 0.43 on Accern's scale. They also assigned news headlines about the pipeline company an impact score of 48.26 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

PBF Logistics' stock is owned by a variety of of retail and institutional 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 acquired 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 $21.45.

PBF Logistics has a market capitalization of $896.26 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]