Murphy USA (MUSA) Set to Announce Earnings on Wednesday

Murphy USA (NYSE:MUSA) will issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $4.40 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, February 7th. The specialty retailer reported $7.00 EPS for the quarter, topping analysts’ consensus estimates of $5.79 by $1.21. The company had revenue of $5.07 billion during the quarter, compared to analyst estimates of $5.32 billion. Murphy USA had a return on equity of 70.92% and a net margin of 2.59%. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the company earned $5.21 earnings per share. On average, analysts expect Murphy USA to post $26 EPS for the current fiscal year and $28 EPS for the next fiscal year.

Murphy USA Trading Up 0.5 %

Shares of Murphy USA stock opened at $423.58 on Tuesday. Murphy USA has a 1 year low of $268.69 and a 1 year high of $430.83. The company’s fifty day simple moving average is $415.09 and its 200-day simple moving average is $384.02. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 16.60 and a beta of 0.76. The company has a current ratio of 0.95, a quick ratio of 0.56 and a debt-to-equity ratio of 2.15.

Murphy USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, February 26th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 0.40%. This is a positive change from Murphy USA’s previous quarterly dividend of $0.41. The ex-dividend date was Friday, February 23rd. Murphy USA’s dividend payout ratio (DPR) is currently 6.59%.

Insider Buying and Selling

In other Murphy USA news, SVP Christopher A. Click sold 664 shares of Murphy USA stock in a transaction on Monday, February 26th. The stock was sold at an average price of $415.55, for a total transaction of $275,925.20. Following the completion of the transaction, the senior vice president now directly owns 2,413 shares of the company’s stock, valued at $1,002,722.15. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, VP Donald R. Smith, Jr. sold 1,235 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $407.96, for a total transaction of $503,830.60. Following the sale, the vice president now directly owns 21,564 shares in the company, valued at approximately $8,797,249.44. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher A. Click sold 664 shares of Murphy USA stock in a transaction on Monday, February 26th. The shares were sold at an average price of $415.55, for a total value of $275,925.20. Following the completion of the transaction, the senior vice president now owns 2,413 shares of the company’s stock, valued at approximately $1,002,722.15. The disclosure for this sale can be found here. Insiders sold 10,440 shares of company stock worth $4,244,582 in the last 90 days. 9.73% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group raised Murphy USA from a “hold” rating to a “buy” rating and lifted their target price for the stock from $375.00 to $425.00 in a research report on Thursday, January 4th. Wells Fargo & Company boosted their price objective on Murphy USA from $440.00 to $460.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. Royal Bank of Canada raised their target price on Murphy USA from $382.00 to $408.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 8th. Finally, Stephens reissued an “overweight” rating and issued a $470.00 price target on shares of Murphy USA in a report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $408.60.

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.