Murphy USA Inc. (NYSE:MUSA – Free Report) – Zacks Research reduced their Q4 2024 earnings per share (EPS) estimates for Murphy USA in a research note issued on Wednesday, November 20th. Zacks Research analyst N. Choudhury now forecasts that the specialty retailer will post earnings of $6.65 per share for the quarter, down from their prior estimate of $7.30. The consensus estimate for Murphy USA’s current full-year earnings is $23.59 per share. Zacks Research also issued estimates for Murphy USA’s Q2 2025 earnings at $6.95 EPS, Q3 2025 earnings at $6.98 EPS, FY2025 earnings at $25.79 EPS, Q1 2026 earnings at $8.71 EPS and Q3 2026 earnings at $6.74 EPS.
Several other equities research analysts have also weighed in on the company. Raymond James raised their target price on Murphy USA from $530.00 to $545.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. downgraded shares of Murphy USA from a “neutral” rating to an “underweight” rating and increased their target price for the company from $415.00 to $435.00 in a research report on Thursday, September 19th. StockNews.com downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, October 26th. Wells Fargo & Company lifted their target price on Murphy USA from $540.00 to $560.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Royal Bank of Canada dropped their price target on Murphy USA from $538.00 to $537.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $495.33.
Murphy USA Stock Performance
Shares of MUSA stock opened at $551.30 on Monday. The company has a market cap of $11.16 billion, a P/E ratio of 22.74 and a beta of 0.75. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. The firm has a fifty day moving average price of $497.63 and a 200 day moving average price of $487.30. Murphy USA has a 12 month low of $350.55 and a 12 month high of $558.65.
Murphy USA (NYSE:MUSA – Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, beating analysts’ consensus estimates of $6.64 by $0.56. The company had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.54 billion. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The company’s quarterly revenue was down 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.69 EPS.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of MUSA. International Assets Investment Management LLC lifted its holdings in shares of Murphy USA by 49,501.3% during the third quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock worth $191,664,000 after purchasing an additional 388,090 shares during the period. Fiera Capital Corp acquired a new stake in shares of Murphy USA in the 3rd quarter worth $53,387,000. FMR LLC boosted its holdings in shares of Murphy USA by 6.0% in the third quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after acquiring an additional 99,253 shares in the last quarter. Argent Capital Management LLC lifted its position in Murphy USA by 1,359.6% in the second quarter. Argent Capital Management LLC now owns 93,326 shares of the specialty retailer’s stock valued at $43,813,000 after purchasing an additional 86,932 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in Murphy USA in the third quarter valued at about $30,122,000. 80.81% of the stock is currently owned by hedge funds and other institutional investors.
Murphy USA Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 4th will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, November 4th. This is an increase from Murphy USA’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 0.35%. Murphy USA’s dividend payout ratio is currently 7.92%.
Murphy USA Company Profile
Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.
Read More
- Five stocks we like better than Murphy USA
- Comparing and Trading High PE Ratio Stocks
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
- ESG Stocks, What Investors Should Know
- Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
- What Are Dividend Achievers? An Introduction
- Discover the 3 Best Performing Stocks That Went Public in 2024
Receive News & Ratings for Murphy USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA and related companies with MarketBeat.com's FREE daily email newsletter.