Scotiabank Analysts Lower Earnings Estimates for HF Sinclair

HF Sinclair Co. (NYSE:DINO) – Equities research analysts at Scotiabank cut their FY2025 earnings per share estimates for shares of HF Sinclair in a report released on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the company will post earnings per share of $2.55 for the year, down from their prior estimate of $3.75. The consensus estimate for HF Sinclair’s current full-year earnings is $2.39 per share. Scotiabank also issued estimates for HF Sinclair’s FY2026 earnings at $4.15 EPS.

A number of other research firms have also weighed in on DINO. Barclays dropped their price target on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating for the company in a research report on Friday, March 14th. Morgan Stanley dropped their target price on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, March 14th. JPMorgan Chase & Co. decreased their price target on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. Wells Fargo & Company boosted their price objective on HF Sinclair from $42.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Piper Sandler set a $46.00 target price on HF Sinclair in a research report on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, HF Sinclair presently has an average rating of “Hold” and an average price target of $47.00.

HF Sinclair Trading Down 1.1 %

HF Sinclair stock opened at $33.16 on Monday. HF Sinclair has a 12-month low of $29.85 and a 12-month high of $64.16. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 40.44 and a beta of 1.13. The firm has a 50 day moving average of $35.30 and a 200 day moving average of $39.08. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The company had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $6.56 billion.

HF Sinclair Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date was Thursday, March 6th. HF Sinclair’s payout ratio is presently 243.90%.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, Director Franklin Myers purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were bought at an average price of $35.66 per share, with a total value of $178,300.00. Following the completion of the purchase, the director now directly owns 154,065 shares in the company, valued at $5,493,957.90. This trade represents a 3.35 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.28% of the stock is currently owned by company insiders.

Institutional Trading of HF Sinclair

Large investors have recently made changes to their positions in the business. Sugar Maple Asset Management LLC purchased a new position in HF Sinclair in the fourth quarter worth about $27,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of HF Sinclair in the 4th quarter valued at approximately $31,000. Lee Danner & Bass Inc. purchased a new position in shares of HF Sinclair in the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC boosted its holdings in shares of HF Sinclair by 53.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock worth $33,000 after purchasing an additional 327 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of HF Sinclair by 68.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after purchasing an additional 558 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.