Scotiabank Issues Negative Forecast for HF Sinclair Earnings

HF Sinclair Co. (NYSE:DINO) – Investment analysts at Scotiabank dropped their FY2025 earnings per share estimates for HF Sinclair in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the company will earn $2.55 per share for the year, down from their previous forecast of $3.75. The consensus estimate for HF Sinclair’s current full-year earnings is $2.39 per share. Scotiabank also issued estimates for HF Sinclair’s FY2026 earnings at $4.15 EPS.

DINO has been the topic of a number of other reports. Piper Sandler set a $46.00 price target on HF Sinclair in a research note on Friday, March 7th. JPMorgan Chase & Co. cut their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. TD Cowen lowered their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Mizuho cut their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Morgan Stanley lowered their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, March 14th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $47.00.

HF Sinclair Stock Up 0.1 %

DINO opened at $33.18 on Monday. The company has a market cap of $6.25 billion, a P/E ratio of 40.46 and a beta of 1.13. HF Sinclair has a 12 month low of $29.85 and a 12 month high of $64.16. The business’s 50-day moving average price is $35.24 and its 200-day moving average price is $38.99. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The business had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion.

Institutional Trading of HF Sinclair

Several institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in HF Sinclair by 12.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,848,416 shares of the company’s stock worth $240,026,000 after purchasing an additional 737,696 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of HF Sinclair by 12.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company’s stock worth $193,197,000 after acquiring an additional 617,218 shares during the last quarter. First Trust Advisors LP grew its stake in HF Sinclair by 53.7% during the fourth quarter. First Trust Advisors LP now owns 3,139,092 shares of the company’s stock valued at $110,025,000 after acquiring an additional 1,096,485 shares in the last quarter. Southeastern Asset Management Inc. TN bought a new stake in HF Sinclair in the 4th quarter valued at $96,344,000. Finally, AQR Capital Management LLC lifted its stake in HF Sinclair by 61.6% in the 4th quarter. AQR Capital Management LLC now owns 2,376,498 shares of the company’s stock worth $82,536,000 after purchasing an additional 906,225 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

Insider Buying and Selling

In other news, Director Franklin Myers bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, with a total value of $178,300.00. Following the acquisition, the director now owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90. This represents a 3.35 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is owned by insiders.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.50 dividend. The ex-dividend date was Thursday, March 6th. This represents a $2.00 annualized dividend and a dividend yield of 6.03%. HF Sinclair’s dividend payout ratio (DPR) is 243.90%.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.