Q2 Earnings Estimate for Murphy USA Issued By Zacks Research

Murphy USA Inc. (NYSE:MUSA) – Stock analysts at Zacks Research raised their Q2 2028 EPS estimates for shares of Murphy USA in a report issued on Tuesday, June 23rd. Zacks Research analyst Team now forecasts that the specialty retailer will earn $8.01 per share for the quarter, up from their previous estimate of $7.89. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Murphy USA’s current full-year earnings is $32.30 per share.

Other analysts have also issued research reports about the company. Wells Fargo & Company increased their target price on Murphy USA from $450.00 to $520.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. Royal Bank Of Canada lifted their price target on Murphy USA from $510.00 to $517.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Wall Street Zen raised Murphy USA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 27th. JPMorgan Chase & Co. initiated coverage on Murphy USA in a research report on Thursday, March 26th. They set an “overweight” rating and a $539.00 price objective for the company. Finally, Weiss Ratings raised Murphy USA from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Murphy USA presently has a consensus rating of “Moderate Buy” and an average price target of $573.88.

Murphy USA Price Performance

Shares of NYSE:MUSA opened at $558.74 on Thursday. The company’s fifty day moving average is $552.42 and its two-hundred day moving average is $476.79. The company has a quick ratio of 0.48, a current ratio of 0.83 and a debt-to-equity ratio of 3.24. Murphy USA has a 12-month low of $345.23 and a 12-month high of $636.04. The company has a market cap of $10.32 billion, a P/E ratio of 19.31, a price-to-earnings-growth ratio of 1.77 and a beta of 0.29.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $7.28 EPS for the quarter, topping analysts’ consensus estimates of $5.37 by $1.91. Murphy USA had a net margin of 2.81% and a return on equity of 91.05%. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.70 billion. During the same quarter last year, the business posted $2.63 EPS. The company’s revenue was up 6.5% on a year-over-year basis.

Institutional Trading of Murphy USA

Institutional investors and hedge funds have recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Murphy USA by 82.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 62 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 28 shares in the last quarter. Huntington National Bank raised its stake in shares of Murphy USA by 106.7% in the 4th quarter. Huntington National Bank now owns 62 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 32 shares in the last quarter. Ameriflex Group Inc. bought a new position in shares of Murphy USA in the 3rd quarter valued at approximately $26,000. EverSource Wealth Advisors LLC lifted its holdings in Murphy USA by 423.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 68 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in Murphy USA in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 80.81% of the company’s stock.

Insider Buying and Selling at Murphy USA

In related news, SVP Scott G. Woodward sold 158 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $600.50, for a total value of $94,879.00. Following the completion of the sale, the senior vice president directly owned 476 shares in the company, valued at approximately $285,838. This represents a 24.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Renee M. Bacon sold 1,050 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $529.44, for a total transaction of $555,912.00. Following the transaction, the senior vice president directly owned 3,083 shares in the company, valued at $1,632,263.52. The trade was a 25.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,225 shares of company stock worth $27,363,392 in the last ninety days. Company insiders own 9.02% of the company’s stock.

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were paid a dividend of $0.64 per share. This is a positive change from Murphy USA’s previous quarterly dividend of $0.63. The ex-dividend date was Monday, May 18th. This represents a $2.56 annualized dividend and a dividend yield of 0.5%. Murphy USA’s dividend payout ratio (DPR) is currently 8.85%.

About Murphy USA

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company’s primary operations center on two retail formats.