Murphy USA (NYSE:MUSA - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Murphy USA to post earnings of $6.69 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported $6.92 earnings per share for the quarter, topping the consensus estimate of $6.91 by $0.01. Murphy USA had a return on equity of 64.73% and a net margin of 2.50%. The business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.69 billion. During the same period in the prior year, the company earned $6.02 EPS. Murphy USA's revenue for the quarter was down 2.4% on a year-over-year basis. On average, analysts expect Murphy USA to post $24 EPS for the current fiscal year and $27 EPS for the next fiscal year.
Shares of NYSE MUSA opened at $474.68 on Wednesday. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 19.92 and a beta of 0.77. The company has a current ratio of 0.84, a quick ratio of 0.52 and a debt-to-equity ratio of 2.20. Murphy USA has a 12 month low of $350.55 and a 12 month high of $552.30. The stock has a 50-day moving average price of $501.93 and a two-hundred day moving average price of $472.47.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Monday, August 26th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.38%. This is a boost from Murphy USA's previous quarterly dividend of $0.44. The ex-dividend date of this dividend was Monday, August 26th. Murphy USA's dividend payout ratio is currently 7.55%.
MUSA has been the topic of a number of research reports. Royal Bank of Canada decreased their target price on shares of 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. Wells Fargo & Company upped their target price on Murphy USA from $540.00 to $560.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. Raymond James lifted their price target on Murphy USA from $530.00 to $545.00 and gave the company an "outperform" rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. downgraded Murphy USA from a "neutral" rating to an "underweight" rating and upped their price objective for the company from $415.00 to $435.00 in a research note on Thursday, September 19th. Finally, StockNews.com upgraded shares of Murphy USA from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $464.57.
Check Out Our Latest Report on MUSA
In related news, Director James W. Keyes sold 2,000 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $511.54, for a total transaction of $1,023,080.00. Following the transaction, the director now directly owns 16,114 shares of the company's stock, valued at $8,242,955.56. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Murphy USA news, Director James W. Keyes sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $511.54, for a total value of $1,023,080.00. Following the transaction, the director now owns 16,114 shares in the company, valued at approximately $8,242,955.56. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Madison Murphy sold 13,454 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $514.38, for a total value of $6,920,468.52. Following the completion of the sale, the director now directly owns 382,930 shares of the company's stock, valued at $196,971,533.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,209 shares of company stock worth $16,564,666. Corporate insiders own 9.04% of the company's stock.
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.
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