Q1 Earnings Estimate for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF) – Zacks Research increased their Q1 2025 EPS estimates for shares of PBF Energy in a note issued to investors on Wednesday, April 9th. Zacks Research analyst R. Department now expects that the oil and gas company will earn $0.03 per share for the quarter, up from their prior estimate of $0.02. The consensus estimate for PBF Energy’s current full-year earnings is ($1.12) per share. Zacks Research also issued estimates for PBF Energy’s Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.72 EPS, Q3 2026 earnings at $0.85 EPS and Q1 2027 earnings at $0.27 EPS.

PBF Energy (NYSE:PBF) last announced its quarterly earnings results on Thursday, February 13th. The oil and gas company reported ($2.82) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.80) by ($1.02). PBF Energy had a negative return on equity of 7.40% and a negative net margin of 1.61%. The business had revenue of $7.35 billion for the quarter, compared to analyst estimates of $7.25 billion.

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of PBF Energy from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Tuesday, March 11th. Piper Sandler decreased their price objective on PBF Energy from $24.00 to $23.00 and set an “underweight” rating on the stock in a report on Friday, March 7th. Scotiabank lowered their price objective on PBF Energy from $25.00 to $16.00 and set a “sector perform” rating on the stock in a research report on Friday. TD Cowen reduced their target price on shares of PBF Energy from $19.00 to $17.00 and set a “sell” rating for the company in a research report on Tuesday, March 11th. Finally, The Goldman Sachs Group decreased their price target on shares of PBF Energy from $28.00 to $23.00 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Seven equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $24.18.

PBF Energy Stock Performance

Shares of NYSE PBF opened at $15.44 on Friday. PBF Energy has a 12 month low of $13.62 and a 12 month high of $60.98. The stock has a 50 day moving average of $21.02 and a 200-day moving average of $26.92. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.78 billion, a P/E ratio of -3.28 and a beta of 1.15.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were paid a $0.275 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.10 dividend on an annualized basis and a yield of 7.13%. PBF Energy’s dividend payout ratio (DPR) is -23.35%.

Insider Buying and Selling at PBF Energy

In other PBF Energy news, insider Control Empresarial De Capital bought 100,000 shares of the stock in a transaction on Wednesday, January 22nd. The stock was purchased at an average price of $29.60 per share, with a total value of $2,960,000.00. Following the completion of the purchase, the insider now owns 29,084,998 shares in the company, valued at $860,915,940.80. The trade was a 0.35 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders bought a total of 812,000 shares of company stock worth $20,207,980 over the last three months. Corporate insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On PBF Energy

A number of institutional investors have recently added to or reduced their stakes in PBF. Fortitude Family Office LLC increased its holdings in shares of PBF Energy by 968.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,165 shares of the oil and gas company’s stock worth $31,000 after buying an additional 1,056 shares in the last quarter. Parallel Advisors LLC raised its position in PBF Energy by 80.4% in the first quarter. Parallel Advisors LLC now owns 2,434 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 1,085 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of PBF Energy during the fourth quarter valued at about $61,000. EverSource Wealth Advisors LLC increased its stake in shares of PBF Energy by 33.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,463 shares of the oil and gas company’s stock valued at $65,000 after buying an additional 614 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in PBF Energy during the 4th quarter worth approximately $68,000. 96.29% of the stock is currently owned by institutional investors and hedge funds.

PBF Energy Company Profile

PBF Energy Inc, through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil.