Q3 Earnings Forecast for Murphy USA Issued By Zacks Research

Murphy USA Inc. (NYSE:MUSA) – Analysts at Zacks Research lowered their Q3 2028 EPS estimates for Murphy USA in a report released on Tuesday, September 29th. Zacks Research analyst Team now expects that the specialty retailer will post earnings of $8.13 per share for the quarter, down from their previous estimate of $8.14. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Murphy USA’s current full-year earnings is $34.70 per share.

MUSA has been the subject of a number of other research reports. The Goldman Sachs Group upgraded Murphy USA from a “sell” rating to a “neutral” rating and increased their price target for the company from $380.00 to $550.00 in a research report on Monday, July 6th. JPMorgan Chase & Co. cut their price objective on Murphy USA from $655.00 to $633.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. KeyCorp upped their price objective on shares of Murphy USA from $600.00 to $680.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Wall Street Zen cut shares of Murphy USA from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Bank of America lifted their target price on shares of Murphy USA from $600.00 to $625.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $606.89.

Murphy USA Stock Up 0.9%

Shares of Murphy USA stock opened at $516.21 on Friday. Murphy USA has a 12-month low of $349.83 and a 12-month high of $636.04. The firm has a market capitalization of $9.53 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.48 and a beta of 0.29. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 2.77. The stock’s fifty day moving average is $541.93 and its 200-day moving average is $542.82.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, August 5th. The specialty retailer reported $11.27 EPS for the quarter, beating analysts’ consensus estimates of $9.95 by $1.32. The company had revenue of $6.81 billion during the quarter, compared to the consensus estimate of $6.03 billion. Murphy USA had a return on equity of 96.01% and a net margin of 2.87%.The company’s quarterly revenue was up 36.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $7.36 EPS.

Murphy USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 24th were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, August 24th. This is a boost from Murphy USA’s previous quarterly dividend of $0.64. Murphy USA’s dividend payout ratio is 7.92%.

Insider Transactions at Murphy USA

In other Murphy USA news, SVP Eric Bartko sold 100 shares of Murphy USA stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $523.60, for a total transaction of $52,360.00. Following the transaction, the senior vice president owned 252 shares of the company’s stock, valued at $131,947.20. The trade was a 28.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Rosemary Turner sold 966 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $571.88, for a total value of $552,436.08. Following the completion of the transaction, the director owned 449 shares in the company, valued at $256,774.12. This represents a 68.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.02% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. WINTON GROUP Ltd bought a new position in Murphy USA during the fourth quarter valued at approximately $6,874,000. Recurrent Investment Advisors LLC lifted its stake in Murphy USA by 23.2% in the first quarter. Recurrent Investment Advisors LLC now owns 146,119 shares of the specialty retailer’s stock valued at $71,986,000 after acquiring an additional 27,513 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Murphy USA in the second quarter worth approximately $1,724,000. Hsbc Holdings PLC bought a new stake in Murphy USA in the second quarter worth approximately $3,771,000. Finally, Jupiter Topco LLC acquired a new position in shares of Murphy USA during the 2nd quarter worth $4,062,000. 80.81% of the stock is owned by hedge funds and other institutional investors.

Murphy USA Company Profile

Murphy USA Inc operates a nationwide network of retail gasoline stations and convenience stores in the United States. Its stores sell branded and unbranded motor fuel, tobacco products, nicotine products, beverages, snacks, packaged food, and other convenience items. Some locations also offer additional services such as lottery products and car washes.

The company operates stores under the Murphy USA and Murphy Express brands, primarily in proximity to Walmart stores and along major roads.