Murphy USA (MUSA) Scheduled to Post Earnings on Wednesday

Murphy USA (NYSE:MUSA) is set 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 interested in registering for the company’s earnings conference call can do so using this link.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Wednesday, February 7th. The specialty retailer reported $7.00 EPS for the quarter, topping the consensus estimate of $5.79 by $1.21. The company had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $5.32 billion. Murphy USA had a net margin of 2.59% and a return on equity of 70.92%. The firm’s revenue was down 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $5.21 EPS. 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 Down 0.3 %

MUSA stock opened at $416.71 on Wednesday. The company has a market capitalization of $8.67 billion, a PE ratio of 16.36 and a beta of 0.76. Murphy USA has a 12 month low of $267.93 and a 12 month high of $430.83. The firm’s 50-day moving average is $412.46 and its 200 day moving average is $381.95. The company has a debt-to-equity ratio of 2.15, a current ratio of 0.95 and a quick ratio of 0.56.

Murphy USA Increases Dividend

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

Analysts Set New Price Targets

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

Insider Activity

In other news, SVP Robert J. Chumley sold 7,016 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $404.42, for a total value of $2,837,410.72. Following the sale, the senior vice president now directly owns 6,448 shares in the company, valued at approximately $2,607,700.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Robert J. Chumley sold 7,016 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $404.42, for a total value of $2,837,410.72. Following the sale, the senior vice president now directly owns 6,448 shares in the company, valued at approximately $2,607,700.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeanne Linder Phillips sold 1,525 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $411.42, for a total transaction of $627,415.50. Following the completion of the sale, the director now owns 2,670 shares in the company, valued at $1,098,491.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,440 shares of company stock worth $4,244,582. Corporate insiders own 9.73% of the company’s stock.

About Murphy USA

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.