Mizuho has maintained its neutral recommendation for PBF Energy Inc. The average one-year price target for the company is $51.41, suggesting a 5.31% decrease from its current closing price of $54.29. The projected annual revenue for PBF Energy Inc. is expected to decrease by 9.35%, while the projected annual non-GAAP EPS is 9.33. Furthermore, PBF Energy Inc. declared a regular quarterly dividend of $0.20 per share ($0.80 annualized) on August 3, 2023. The stock’s dividend yield at the current share price is 1.47%. Looking back five years, the average dividend yield has been 3.45%, with a standard deviation of 2.14. The company’s dividend payout ratio is 0.03, indicating that only a small portion of its income is paid out in dividends. PBF Energy Inc. has 788 funds or institutions reporting positions in the company, representing a decrease of 2.96% in the last quarter. The put/call ratio of PBF is 0.49, indicating a bullish outlook. In terms of shareholders, Vanguard Total Stock Market Index Fund Investor Shares holds 2.82% ownership of PBF Energy Inc., representing a decrease of 3.25% from its previous filing. Bank of New York Mellon holds 2.80% ownership, with an increase of 1.08% from its previous filing. IJH – iShares Core S&P Mid-Cap ETF holds 2.69% ownership, representing a decrease of 5.96% from its previous filing. Arrowstreet Capital, Limited Partnership holds 2.45% ownership, with an increase of 1.02% from its previous filing. NAESX – Vanguard Small-Cap Index Fund Investor Shares holds 2.37% ownership, representing a decrease of 3.68% from its previous filing. PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio. The company aims to operate its facilities in a safe, reliable, and environmentally responsible manner while providing superior returns to its investors. Fintel is a comprehensive investing research platform that provides data on fundamentals, analyst reports, ownership data, fund sentiment, insider trading, options flow, and more. Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.
By James Taylor
James Taylor
A writer and finance enthusiast who loves diving into the exciting world of stocks, commodities, forex, and crypto. I'm all about making the financial markets less intimidating and more accessible, so I write engaging content that simplifies complex concepts and shares practical investment strategies. Whether you're a seasoned investor or just getting started, I've got your back! But hey, life isn't all about work, right? On weekends, you'll find me hanging out and having a blast with my awesome friends and family. We love bonding over shared interests, trying out new adventures, and simply enjoying each other's company. Striking that balance between work and play is super important to me, because what's the point of success if you can't share it with the people you love? So, if you're up for some financial market insights and a good dose of weekend fun, stick around! Together, we'll navigate the money world and make the most of our time off. Let's learn, grow, and create memories along the way!
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