Q1 Earnings Forecast for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF) – Stock analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of PBF Energy in a note issued to investors on Wednesday, April 9th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of $0.03 for the quarter, up from their previous forecast 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 posted its earnings results on Thursday, February 13th. The oil and gas company reported ($2.82) earnings per share for the quarter, missing the consensus estimate of ($1.80) by ($1.02). The firm had revenue of $7.35 billion during the quarter, compared to analysts’ expectations of $7.25 billion. PBF Energy had a negative net margin of 1.61% and a negative return on equity of 7.40%.

Several other brokerages also recently issued reports on PBF. TD Cowen lowered their price objective on shares of PBF Energy from $19.00 to $17.00 and set a “sell” rating on the stock in a research report on Tuesday, March 11th. The Goldman Sachs Group lowered their price target on PBF Energy from $28.00 to $23.00 and set a “neutral” rating on the stock in a report on Thursday, March 27th. Mizuho reduced their price objective on PBF Energy from $28.00 to $22.00 and set an “underperform” rating for the company in a research note on Tuesday, April 1st. JPMorgan Chase & Co. lowered their target price on PBF Energy from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th. Finally, UBS Group dropped their target price on PBF Energy from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Seven research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat.com, PBF Energy presently has a consensus rating of “Hold” and a consensus target price of $25.55.

PBF Energy Price Performance

PBF stock opened at $14.91 on Friday. The business has a 50 day simple moving average of $21.31 and a 200-day simple moving average of $27.03. The company has a market capitalization of $1.72 billion, a P/E ratio of -3.16 and a beta of 1.15. PBF Energy has a twelve month low of $13.62 and a twelve month high of $60.98. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 0.26.

PBF Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $1.10 annualized dividend and a yield of 7.38%. PBF Energy’s dividend payout ratio is presently -23.35%.

Insiders Place Their Bets

In related news, insider Control Empresarial De Capital bought 16,000 shares of PBF Energy stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average price of $13.88 per share, with a total value of $222,080.00. Following the purchase, the insider now owns 30,737,998 shares in the company, valued at $426,643,412.24. This represents a 0.05 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last ninety days, insiders have bought 797,000 shares of company stock worth $19,998,280. 5.30% of the stock is owned by corporate insiders.

Institutional Trading of PBF Energy

Several institutional investors and hedge funds have recently made changes to their positions in PBF. Van ECK Associates Corp raised its stake in PBF Energy by 2,119.6% in the 4th quarter. Van ECK Associates Corp now owns 411,307 shares of the oil and gas company’s stock valued at $10,920,000 after purchasing an additional 392,776 shares during the last quarter. Norges Bank purchased a new stake in shares of PBF Energy during the fourth quarter worth about $20,896,000. Heartland Advisors Inc. acquired a new position in shares of PBF Energy in the fourth quarter valued at approximately $1,420,000. Raymond James Financial Inc. purchased a new position in shares of PBF Energy during the fourth quarter valued at approximately $1,654,000. Finally, Wealthfront Advisers LLC purchased a new position in shares of PBF Energy during the fourth quarter valued at approximately $4,515,000. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

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.