PBF Energy Inc. (NYSE:PBF) Receives $31.15 Average PT from Analysts

PBF Energy Inc. (NYSE:PBFGet Free Report) has earned a consensus rating of “Reduce” from the fifteen brokerages that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $31.6923.

Several equities analysts have commented on the stock. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 19th. Wolfe Research downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target for the company. in a research report on Monday, December 8th. BMO Capital Markets reissued a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a research report on Monday, January 5th. Citigroup upped their price objective on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group upped their price objective on PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th.

View Our Latest Stock Analysis on PBF

PBF Energy Stock Performance

Shares of PBF stock opened at $47.12 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. The firm has a 50-day moving average of $35.88 and a 200-day moving average of $32.86. PBF Energy has a one year low of $13.61 and a one year high of $47.18. The company has a market cap of $5.51 billion, a P/E ratio of -32.06, a P/E/G ratio of 4.74 and a beta of 0.41.

PBF Energy (NYSE:PBFGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. During the same period in the previous year, the company earned ($2.82) earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. Equities research analysts forecast that PBF Energy will post -1.12 EPS for the current fiscal year.

PBF Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy’s payout ratio is -74.83%.

More PBF Energy News

Here are the key news stories impacting PBF Energy this week:

  • Positive Sentiment: Refining-margin tailwinds and Martinez restart progress — Market indicators for gasoline/diesel crack spreads have strengthened in March, boosting near‑term profitability expectations for independent refiners like PBF; plus renewed confidence that the Martinez, CA rebuild/restart is advancing toward targeted operating rates, removing a major operational overhang. PBF Energy jumps as refining-margin tailwinds and Martinez restart progress come back into focus
  • Positive Sentiment: Goldman/Quant coverage highlights sector upside — Recent commentary/quant ratings singled out refiners including PBF as beneficiaries of tighter jet/diesel markets, which supports bullish positioning by quant-driven investors. This can amplify momentum when cracks widen. Goldman: Oil market shock hits jet fuel, diesel harder; PBF, Par Pacific rated strong buy by Quant ratings
  • Positive Sentiment: Mizuho raised its price target — Mizuho increased its PBF target to $45 (neutral rating), which narrows downside concerns and may support buy-side interest after the recent volatility. Benzinga
  • Neutral Sentiment: Zacks notes PBF’s momentum characteristics — A style-score/momentum write-up highlights technical and momentum metrics that can attract short‑term traders, supporting volume-driven moves but not necessarily long-term fundamental change. Here’s Why PBF Energy (PBF) is a Strong Momentum Stock
  • Neutral Sentiment: CEO 2025 pay disclosure — A DEF14A-based estimate shows CEO Matthew Lucey’s 2025 compensation declined ~12% vs. 2024; governance/comp metrics can interest some investors but are unlikely to be the primary driver of the move. PBF Energy Inc. ($PBF) President and CEO 2025 Pay Revealed
  • Negative Sentiment: Large insider selling by control shareholder — Control Empresarial De Capital disclosed sales (including a 600,000‑share sale reported Mar 17 at ~$44.43), continuing a pattern of recent insider liquidations; heavy insider selling can be interpreted as a negative governance/conviction signal and may cap upside if it persists. SEC Form 4 — Control Empresarial De Capital sale

Insiders Place Their Bets

In other PBF Energy news, insider Control Empresarial De Capital sold 903,100 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $42.62, for a total value of $38,490,122.00. Following the transaction, the insider directly owned 26,469,098 shares in the company, valued at $1,128,112,956.76. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 6,367,179 shares of company stock worth $251,164,080 in the last three months. 5.30% of the stock is currently owned by corporate insiders.

Institutional Trading of PBF Energy

A number of large investors have recently bought and sold shares of PBF. Corient Private Wealth LLC lifted its position in shares of PBF Energy by 4.1% during the 4th quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company’s stock valued at $334,000 after buying an additional 483 shares during the last quarter. Hsbc Holdings PLC raised its stake in PBF Energy by 81.7% in the 4th quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock valued at $1,840,000 after acquiring an additional 30,430 shares during the period. Pacer Advisors Inc. raised its stake in PBF Energy by 15.6% in the 4th quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company’s stock valued at $528,000 after acquiring an additional 2,635 shares during the period. Empowered Funds LLC lifted its holdings in PBF Energy by 7.3% during the fourth quarter. Empowered Funds LLC now owns 119,402 shares of the oil and gas company’s stock valued at $3,238,000 after purchasing an additional 8,154 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in PBF Energy by 49.7% during the fourth quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company’s stock valued at $46,899,000 after purchasing an additional 574,001 shares during the last quarter. 96.29% of the stock is owned by hedge funds and other institutional investors.

PBF Energy Company Profile

(Get Free Report)

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.

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Analyst Recommendations for PBF Energy (NYSE:PBF)

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