Q2 Earnings Forecast for Murphy USA Issued By Zacks Research

Murphy USA Inc. (NYSE:MUSA) – Investment analysts at Zacks Research raised their Q2 2027 earnings per share (EPS) estimates for Murphy USA in a research note issued to investors on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $8.84 per share for the quarter, up from their previous forecast of $8.73. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Murphy USA’s current full-year earnings is $34.70 per share.

Other analysts also recently issued reports about the company. Wells Fargo & Company lifted their target price on Murphy USA from $520.00 to $570.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. KeyCorp raised their price target on shares of Murphy USA from $600.00 to $680.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. JPMorgan Chase & Co. decreased their price objective on shares of Murphy USA from $655.00 to $633.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Capital One Financial started coverage on shares of Murphy USA in a report on Monday, June 22nd. They set an “overweight” rating and a $710.00 price objective for the company. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $619.00 price objective on shares of Murphy USA in a research report on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Murphy USA currently has a consensus rating of “Moderate Buy” and a consensus price target of $606.89.

Murphy USA Stock Performance

Shares of Murphy USA stock opened at $516.21 on Thursday. 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 two-hundred day moving average is $542.82. Murphy USA has a 52 week low of $349.83 and a 52 week high of $636.04. The company has a market capitalization of $9.53 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.46 and a beta of 0.29.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, August 5th. The specialty retailer reported $11.27 earnings per share for the quarter, topping the consensus estimate of $9.95 by $1.32. Murphy USA had a return on equity of 96.01% and a net margin of 2.87%.The firm had revenue of $6.81 billion for the quarter, compared to the consensus estimate of $6.03 billion. During the same period in the prior year, the business posted $7.36 earnings per share. The company’s revenue for the quarter was up 36.0% on a year-over-year basis.

Murphy USA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, August 24th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.64. Murphy USA’s dividend payout ratio is currently 7.92%.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Murphy USA

Several large investors have recently modified their holdings of the business. Huntington National Bank boosted its stake in shares of Murphy USA by 106.7% during the fourth quarter. Huntington National Bank now owns 62 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 32 shares in the last quarter. CX Institutional purchased a new stake in Murphy USA during the third quarter worth $33,000. Root Financial Partners LLC lifted its holdings in Murphy USA by 82.5% during the first quarter. Root Financial Partners LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after buying an additional 33 shares during the period. Keating Financial Advisory Services Inc. bought a new stake in Murphy USA during the 2nd quarter valued at $37,000. Finally, SHP Wealth Management bought a new stake in Murphy USA during the 4th quarter valued at $43,000. Institutional investors own 80.81% of the company’s stock.

About Murphy USA

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.