NYSE:PBFXPBF 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 18.3% and is now trading at $8.99. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 3 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 Friday, July 31st 2020. View our earnings forecast for PBF Logistics.

PBF Logistics will be holding an earnings conference call on Friday, July 31st 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 Friday, May, 15th. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.11. The pipeline company had revenue of $93.03 million for the quarter, compared to analysts' expectations of $88.82 million. PBF Logistics had a net margin of 33.22% and a return on equity of 113.76%. View PBF Logistics' earnings history.

PBF Logistics announced a quarterly dividend on Monday, May 18th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.30 per share on Wednesday, June 17th. This represents a $1.20 annualized dividend and a dividend yield of 13.35%. The ex-dividend date is Tuesday, May 26th. View PBF Logistics' dividend history.

4 Wall Street analysts have issued twelve-month price targets for PBF Logistics' shares. Their forecasts range from $10.00 to $13.50. On average, they expect PBF Logistics' stock price to reach $12.17 in the next year. This suggests a possible upside of 35.3% from the stock's current price. View analysts' price targets for PBF Logistics.

News articles about PBFX stock have been trending negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PBF Logistics earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about PBF Logistics.

PBF Logistics saw a increase in short interest in June. As of June 30th, there was short interest totaling 697,500 shares, an increase of 9.0% from the June 15th total of 640,000 shares. Based on an average daily trading volume, of 538,400 shares, the short-interest ratio is presently 1.3 days. Currently, 3.0% of the company's shares are short sold. View PBF Logistics' Current Options Chain.

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 competitors.

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), ANNALY CAP MGMT/SH (NLY), Ares Capital (ARCC), GasLog Partners LP Unit (GLOP), Hoegh LNG Partners (HMLP) and Mplx (MPLX).

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

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 $8.99.

PBF Logistics has a market capitalization of $560.51 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.

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]