HF Sinclair Corporation (NYSE:DINO) Receives $81.25 Consensus PT from Brokerages

HF Sinclair Corporation (NYSE:DINO) has received a consensus rating of “Hold” from the sixteen ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $81.25.

DINO has been the subject of a number of analyst reports. Weiss Ratings raised HF Sinclair from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 4th. Morgan Stanley lifted their price objective on HF Sinclair from $69.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, June 12th. Wall Street Zen upgraded HF Sinclair from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research cut HF Sinclair from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. Finally, Freedom Capital downgraded shares of HF Sinclair from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th.

HF Sinclair Stock Performance

Shares of DINO stock opened at $85.19 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.97 and a quick ratio of 1.10. The company’s fifty day moving average price is $77.67 and its two-hundred day moving average price is $66.12. The firm has a market capitalization of $15.15 billion, a P/E ratio of 8.13 and a beta of 0.70. HF Sinclair has a 12 month low of $42.82 and a 12 month high of $94.22.

HF Sinclair (NYSE:DINO) last announced its earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.82. HF Sinclair had a return on equity of 18.21% and a net margin of 6.13%.The company had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $8.68 billion. During the same period last year, the firm earned $1.10 earnings per share. The company’s revenue was up 53.2% on a year-over-year basis. On average, research analysts anticipate that HF Sinclair will post 11.85 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.525 per share. This is a positive change from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date is Tuesday, August 11th. This represents a $2.10 dividend on an annualized basis and a yield of 2.5%. HF Sinclair’s payout ratio is currently 19.08%.

Insider Activity at HF Sinclair

In other news, EVP Valerie Pompa sold 10,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the sale, the executive vice president owned 43,098 shares in the company, valued at approximately $2,975,916.90. This represents a 18.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Dale Kunneman sold 8,936 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the transaction, the senior vice president directly owned 42,561 shares in the company, valued at $3,599,809.38. The trade was a 17.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,672 shares of company stock worth $1,710,500 over the last 90 days. Company insiders own 0.26% of the company’s stock.

Institutional Trading of HF Sinclair

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of HF Sinclair in the 2nd quarter worth approximately $1,291,602,000. Bank of New York Mellon Corp acquired a new stake in shares of HF Sinclair during the 2nd quarter valued at approximately $140,654,000. NFJ Investment Group LLC raised its position in shares of HF Sinclair by 1,275.3% during the 4th quarter. NFJ Investment Group LLC now owns 1,873,541 shares of the company’s stock valued at $86,333,000 after acquiring an additional 1,737,318 shares in the last quarter. Invesco Ltd. lifted its stake in HF Sinclair by 104.3% during the third quarter. Invesco Ltd. now owns 1,947,075 shares of the company’s stock worth $101,910,000 after purchasing an additional 994,090 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in HF Sinclair by 101.3% during the fourth quarter. Victory Capital Management Inc. now owns 1,794,964 shares of the company’s stock worth $82,712,000 after purchasing an additional 903,177 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.