Scotiabank Issues Negative Estimate for HF Sinclair Earnings

HF Sinclair Co. (NYSE:DINO) – Research analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for shares of HF Sinclair in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now expects that the company will post earnings of $2.55 per share for the year, down from their prior 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.

A number of other analysts have also commented on the company. TD Cowen decreased their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Wells Fargo & Company boosted their price objective on HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday. Morgan Stanley decreased their price objective on HF Sinclair from $51.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, March 14th. JPMorgan Chase & Co. decreased their price objective on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Finally, Piper Sandler set a $46.00 price objective on HF Sinclair in a report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $47.00.

HF Sinclair Stock Performance

Shares of HF Sinclair stock opened at $33.54 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The business has a 50-day simple moving average of $35.38 and a 200 day simple moving average of $39.17. The firm has a market capitalization of $6.32 billion, a price-to-earnings ratio of 40.90 and a beta of 1.13. HF Sinclair has a one year low of $29.85 and a one year high of $64.16.

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

HF Sinclair Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 5.96%. HF Sinclair’s payout ratio is presently 243.90%.

Insider Transactions at HF Sinclair

In other news, Director Franklin Myers acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the purchase, the director now owns 154,065 shares in the company, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On HF Sinclair

Several institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after purchasing an additional 327 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of HF Sinclair by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company’s stock worth $669,000 after acquiring an additional 367 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its position in shares of HF Sinclair by 1.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 20,023 shares of the company’s stock worth $685,000 after acquiring an additional 379 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in shares of HF Sinclair by 0.6% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock worth $2,253,000 after acquiring an additional 390 shares in the last quarter. Finally, Evergreen Private Wealth LLC lifted its position in shares of HF Sinclair by 1.5% during the fourth quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company’s stock worth $938,000 after acquiring an additional 392 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

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.