PBF Energy (PBF) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PBF Energy in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PBF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBF, but not buy additional shares or sell existing shares.
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12 brokerages have issued twelve-month price objectives for PBF Energy's shares. Their PBF share price targets range from $41.00 to $74.00. On average, they predict the company's share price to reach $57.55 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price.
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PBF Energy's stock was trading at $43.96 at the start of the year. Since then, PBF stock has increased by 27.2% and is now trading at $55.92.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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PBF Energy will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

PBF Energy Inc. (NYSE:PBF) posted its quarterly earnings results on Thursday, February, 15th. The oil and gas company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.49. The oil and gas company earned $9.14 billion during the quarter, compared to analysts' expectations of $8.65 billion. PBF Energy had a trailing twelve-month return on equity of 23.69% and a net margin of 5.59%. PBF Energy's quarterly revenue was down 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.41 EPS.

PBF Energy announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.25 per share on Thursday, March 14th. This represents a $1.00 annualized dividend and a yield of 1.79%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for PBF.

PBF Energy (NYSE:PBF) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.75%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PBF will have a dividend payout ratio of 19.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PBF.

ETFs with the largest weight of PBF Energy (NYSE:PBF) stock in their portfolio include VanEck Oil Refiners ETF (CRAK), Invesco S&P MidCap Value with Momentum ETF (XMVM), Invesco S&P MidCap 400 Pure Value ETF (RFV), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and First Trust Nasdaq Oil & Gas ETF (FTXN).

38 employees have rated PBF Energy Chief Executive Officer Thomas J. Nimbley on Glassdoor.com. Thomas J. Nimbley has an approval rating of 56% among the company's employees. This puts Thomas J. Nimbley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PBF Energy investors own include Energy Transfer (ET), AT&T (T), Valero Energy (VLO), Ford Motor (F), Walt Disney (DIS), Micron Technology (MU), NVIDIA (NVDA), Pfizer (PFE), Intel (INTC) and Netflix (NFLX).

PBF Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.48%), Allspring Global Investments Holdings LLC (0.16%), State of Michigan Retirement System (0.02%), ARGA Investment Management LP (0.02%), Sunbelt Securities Inc. (0.01%) and Silverleafe Capital Partners LLC (0.01%). Insiders that own company stock include C Erik Young, Connor Thomas L O, Control Empresarial De Capital, John C Barone, Paul T Davis and Trecia M Canty.
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Shares of PBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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