Murphy USA (MUSA) Scheduled to Post Earnings on Wednesday

Murphy USA (NYSE:MUSA) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Murphy USA to post 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 released its earnings results on Wednesday, February 7th. The specialty retailer reported $7.00 earnings per share for the quarter, beating analysts’ consensus estimates of $5.79 by $1.21. The firm had revenue of $5.07 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Murphy USA had a net margin of 2.59% and a return on equity of 70.92%. The company’s quarterly revenue was down 5.5% on a year-over-year basis. 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 Stock Down 0.3 %

MUSA opened at $416.71 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.95 and a debt-to-equity ratio of 2.15. The stock has a market cap of $8.67 billion, a price-to-earnings ratio of 16.36 and a beta of 0.76. Murphy USA has a twelve month low of $267.93 and a twelve month high of $430.83. The company’s 50-day moving average price is $412.46 and its two-hundred day moving average price is $381.95.

Murphy USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, February 26th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 0.40%. This is a boost from Murphy USA’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Friday, February 23rd. Murphy USA’s payout ratio is presently 6.59%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Murphy USA

In related news, SVP Robert J. Chumley sold 7,016 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $404.42, for a total transaction of $2,837,410.72. Following the transaction, the senior vice president now owns 6,448 shares of the company’s stock, valued at approximately $2,607,700.16. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, SVP Christopher A. Click sold 664 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $415.55, for a total transaction of $275,925.20. Following the transaction, the senior vice president now owns 2,413 shares of the company’s stock, valued at approximately $1,002,722.15. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Robert J. Chumley sold 7,016 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $404.42, for a total transaction of $2,837,410.72. Following the transaction, the senior vice president now directly owns 6,448 shares in the company, valued at approximately $2,607,700.16. The disclosure for this sale can be found here. Insiders have sold 10,440 shares of company stock valued at $4,244,582 in the last quarter. Insiders own 9.73% of the company’s stock.

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.