Scotiabank Issues Negative Outlook for HF Sinclair Earnings

HF Sinclair Corporation (NYSE:DINO) – Scotiabank lowered their FY2026 earnings per share estimates for HF Sinclair in a research report issued on Thursday, February 19th. Scotiabank analyst P. Cheng now expects that the company will post earnings per share of $2.55 for the year, down from their prior estimate of $3.45. Scotiabank has a “Sector Perform” rating and a $53.00 price objective on the stock. The consensus estimate for HF Sinclair’s current full-year earnings is $2.39 per share. Scotiabank also issued estimates for HF Sinclair’s FY2027 earnings at $3.70 EPS.

HF Sinclair (NYSE:DINO) last released its quarterly earnings results on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.83 by $0.37. HF Sinclair had a net margin of 2.15% and a return on equity of 10.16%. The business had revenue of $6.46 billion during the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the prior year, the firm earned ($1.02) earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on DINO. Zacks Research cut HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Wall Street Zen downgraded HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of HF Sinclair in a research report on Monday, December 29th. Mizuho increased their price target on HF Sinclair from $62.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, Piper Sandler cut their price objective on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $58.60.

HF Sinclair Trading Up 1.0%

HF Sinclair stock opened at $50.96 on Monday. HF Sinclair has a 52-week low of $24.66 and a 52-week high of $59.33. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $9.37 billion, a price-to-earnings ratio of 16.60 and a beta of 0.87. The firm has a 50-day moving average price of $50.70 and a two-hundred day moving average price of $51.13.

HF Sinclair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, March 2nd. HF Sinclair’s payout ratio is currently 65.15%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Quent Capital LLC bought a new stake in shares of HF Sinclair in the 3rd quarter worth approximately $28,000. V Square Quantitative Management LLC acquired a new position in HF Sinclair in the fourth quarter worth approximately $26,000. REAP Financial Group LLC bought a new position in shares of HF Sinclair in the fourth quarter valued at $29,000. Johnson Financial Group Inc. acquired a new stake in shares of HF Sinclair during the 2nd quarter valued at $33,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of HF Sinclair during the 4th quarter valued at $43,000. Institutional investors own 88.29% of the company’s stock.

Key Stories Impacting HF Sinclair

Here are the key news stories impacting HF Sinclair this week:

• Positive Sentiment: Q4 earnings beat and raised profitability outlook: HF Sinclair reported $1.20 EPS vs. $0.83 expected and revenue of $6.46B vs. $6.19B, showing an operating improvement versus the prior year — this underpins the recent rally. Earnings Transcript
• Positive Sentiment: Dividend boost: The company declared a $0.50 quarterly dividend (≈4.0% yield), which increases cash return to shareholders and supports income‑oriented demand for the shares.
• Positive Sentiment: Growth initiative — Green Trail Fuels JV and branded‑site expansion: Management announced a joint venture and a target of ~10% annual branded‑site growth, signaling strategic diversification into retail/renewable fuel channels that could lift medium‑term revenue visibility. Growth & JV Announcement
• Neutral Sentiment: Analyst movements mixed: TD Cowen raised its price target to $50 (maintains a “hold”), which is essentially in line with current trading and not a clear catalyst. TD Cowen Note
• Negative Sentiment: CEO Go is on voluntary leave pending a disclosure review — the announcement triggered sharp selling and raised governance and execution uncertainty. CEO Leave Report
• Negative Sentiment: Multiple securities‑fraud investigations launched by several law firms alleging potential disclosure violations — this raises the risk of regulatory scrutiny, litigation costs and reputational damage that could depress the stock until resolved. Investigation Notice Additional Investigation Report
• Negative Sentiment: Broker downgrade: Scotiabank lowered its rating on HF Sinclair, adding downward pressure on sentiment amid the governance and legal concerns. Scotiabank Downgrade

HF Sinclair Company Profile

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.