Q1 Earnings Forecast for PBF Energy Issued By Zacks Research

PBF Energy Inc. (NYSE:PBF) – Equities research analysts at Zacks Research increased their Q1 2026 EPS estimates for shares of PBF Energy in a report released on Wednesday, October 16th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of $0.70 per share for the quarter, up from their previous estimate of $0.64. The consensus estimate for PBF Energy’s current full-year earnings is ($0.05) per share.

Other equities analysts also recently issued reports about the company. Piper Sandler downgraded PBF Energy from a “neutral” rating to an “underweight” rating and dropped their target price for the company from $47.00 to $25.00 in a research report on Friday, September 20th. JPMorgan Chase & Co. downgraded shares of PBF Energy from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $53.00 to $40.00 in a research note on Wednesday, October 2nd. Scotiabank reduced their price objective on PBF Energy from $45.00 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. Wolfe Research assumed coverage on PBF Energy in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. Finally, The Goldman Sachs Group reduced their target price on shares of PBF Energy from $45.00 to $39.00 and set a “neutral” rating on the stock in a report on Friday, October 4th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $36.09.

PBF Energy Trading Up 3.8 %

PBF opened at $33.62 on Thursday. PBF Energy has a 52 week low of $30.17 and a 52 week high of $62.88. The company has a quick ratio of 0.75, a current ratio of 1.42 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $33.19 and a 200-day simple moving average of $42.68. The firm has a market cap of $3.99 billion, a P/E ratio of 2.33 and a beta of 1.55.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, August 1st. The oil and gas company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.39). PBF Energy had a net margin of 2.09% and a return on equity of 12.81%. The business had revenue of $8.74 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same quarter in the prior year, the firm earned $2.29 EPS. PBF Energy’s revenue for the quarter was down 4.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise boosted its stake in shares of PBF Energy by 10.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 1,830 shares of the oil and gas company’s stock worth $105,000 after purchasing an additional 172 shares during the last quarter. GAMMA Investing LLC increased its stake in PBF Energy by 95.3% in the first quarter. GAMMA Investing LLC now owns 459 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 224 shares during the last quarter. Retirement Systems of Alabama lifted its position in PBF Energy by 0.3% during the first quarter. Retirement Systems of Alabama now owns 136,573 shares of the oil and gas company’s stock worth $7,863,000 after buying an additional 359 shares during the period. US Bancorp DE boosted its stake in PBF Energy by 5.3% in the 1st quarter. US Bancorp DE now owns 7,852 shares of the oil and gas company’s stock worth $452,000 after buying an additional 395 shares during the last quarter. Finally, Rise Advisors LLC purchased a new stake in PBF Energy in the 1st quarter valued at about $27,000. Institutional investors and hedge funds own 96.29% of the company’s stock.

Insider Buying and Selling at PBF Energy

In related news, insider Control Empresarial De Capital acquired 307,000 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was purchased at an average cost of $39.22 per share, for a total transaction of $12,040,540.00. Following the transaction, the insider now directly owns 18,079,598 shares of the company’s stock, valued at approximately $709,081,833.56. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders acquired 3,952,300 shares of company stock worth $129,050,026. 5.30% of the stock is owned by corporate insiders.

PBF Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were given a $0.25 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.00 annualized dividend and a dividend yield of 2.97%. PBF Energy’s dividend payout ratio is presently 6.92%.

About PBF Energy

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.