PBF Energy Inc. (NYSE:PBF) Updates On Dividend Release Date


On 2016-07-29, PBF Energy Inc. (NYSE:PBF) confirmed the dividend disbursement of $0.3 a share to shareholders as on record 2016-08-09. The firm will release dividend on 2016-08-23 while ex-dividend date is reported to be 2016-08-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, PBF Energy Inc. (NYSE:PBF) paid a total of $0.3 per share in dividends. This figure stood at $0.3 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $27.75 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $33 and $17, respectively.

Taking the mathematical rating formula, the price for PBF Energy Inc. (NYSE:PBF) stands at 2.3. Earnings Review PBF Energy Inc. (NYSE:PBF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.52.

Coming to the quarter ending on 2015-12-31, PBF Energy Inc. (NYSE:PBF) recorded EPS of $0.14. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $-0.06 as against reported figures.

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