PBF Logistics Stock Forecast, Price & 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. Since then, PBFX stock has decreased by 6.5% and is now trading at $10.29.
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5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PBF Logistics stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBFX, but not buy additional shares or sell existing shares.
View analyst ratings for PBF Logistics or view MarketBeat's top 5 stock picks.

Wall Street analysts have given PBF Logistics a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PBF Logistics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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PBF Logistics is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for PBF Logistics.

PBF Logistics will be holding an earnings conference call on Thursday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

PBF Logistics LP (NYSE:PBFX) announced its earnings results on Thursday, October, 29th. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.17. The pipeline company had revenue of $89.01 million for the quarter, compared to analyst estimates of $89.22 million. PBF Logistics had a net margin of 36.88% and a return on equity of 122.28%.
View PBF Logistics' earnings history.

PBF Logistics announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Monday, November 16th will be given a dividend of $0.30 per share on Monday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 11.66%. The ex-dividend date is Friday, November 13th.
View PBF Logistics' dividend history.

PBF Logistics pays an annual dividend of $1.20 per share and currently has a dividend yield of 11.48%. PBFX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of PBF Logistics is 60.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based 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.
View PBF Logistics' dividend history.

5 brokerages have issued 1 year target prices for PBF Logistics' shares. Their forecasts range from $11.00 to $15.00. On average, they anticipate PBF Logistics' stock price to reach $13.13 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for PBF Logistics or view Wall Street analyst' top-rated stocks.

PBF Logistics saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,010,000 shares, a drop of 15.8% from the December 15th total of 1,200,000 shares. Based on an average daily trading volume, of 251,000 shares, the short-interest ratio is presently 4.0 days. Currently, 4.2% of the shares of the stock are sold short.
View PBF Logistics' Short Interest.

Some companies that are related to PBF Logistics include Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).
View all of PBFX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PBF Logistics investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), NGL Energy Partners (NGL), AT&T (T), Annaly Capital Management (NLY), Omega Healthcare Investors (OHI), Ares Capital (ARCC), Höegh LNG Partners (HMLP), Mplx (MPLX) and Delek Logistics Partners (DKL).

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

PBF Logistics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Campbell Capital Management Inc. (0.08%). 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.

PBFX stock was sold by a variety of institutional investors in the last quarter, including Campbell Capital Management Inc..
View insider buying and selling activity for PBF Logistics or view top insider-selling stocks.

Shares of PBFX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PBFX stock can currently be purchased for approximately $10.29.

PBF Logistics has a market capitalization of $641.69 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 92 workers across the globe.

The official website for PBF Logistics is 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]