Q3 Earnings Forecast for Murphy USA Issued By Zacks Research

Key Points

• Zacks Research raised Murphy USA’s Q3 2026 EPS forecast slightly to $8.28 from $8.27, while maintaining a “Hold” rating. Analysts’ consensus view is “Moderate Buy,” with an average price target of $606.89.
• Murphy USA’s latest quarterly results exceeded expectations, with EPS of $11.27 versus the $9.95 consensus and revenue of $6.81 billion, up 36% year over year.
• The company increased its quarterly dividend to $0.65 per share, or $2.60 annually, representing a 0.5% yield and a 7.92% payout ratio.

Murphy USA Inc. (NYSE:MUSA - Free Report) - Equities researchers at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of Murphy USA in a report released on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $8.28 per share for the quarter, up from their previous forecast of $8.27. 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. Zacks Research also issued estimates for Murphy USA's Q1 2027 earnings at $4.04 EPS, FY2027 earnings at $28.98 EPS, Q1 2028 earnings at $6.07 EPS, Q2 2028 earnings at $8.42 EPS and FY2028 earnings at $29.79 EPS.

MUSA has been the topic of a number of other research reports. Jefferies Financial Group raised shares of Murphy USA from a "hold" rating to a "buy" rating and raised their price objective for the stock from $550.00 to $625.00 in a report on Wednesday, July 1st. Bank of America increased their target price on Murphy USA from $600.00 to $625.00 and gave the stock a "neutral" rating in a research report on Friday, July 10th. Wall Street Zen upgraded shares of Murphy USA from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 27th. Capital One Financial initiated coverage on Murphy USA in a report on Monday, June 22nd. They set an "overweight" rating and a $710.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their price target on Murphy USA from $655.00 to $633.00 and set an "overweight" rating for the company in a research report on Friday, August 7th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Murphy USA currently has a consensus rating of "Moderate Buy" and an average price target of $606.89.

Murphy USA Stock Performance

Shares of MUSA opened at $507.62 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.54 and a debt-to-equity ratio of 2.77. Murphy USA has a 12 month low of $349.83 and a 12 month high of $636.04. The company has a market cap of $9.38 billion, a price-to-earnings ratio of 15.46, a P/E/G ratio of 1.49 and a beta of 0.25. The business's fifty day simple moving average is $548.37 and its two-hundred day simple moving average is $542.27.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The specialty retailer reported $11.27 EPS for the quarter, beating the consensus estimate of $9.95 by $1.32. Murphy USA had a net margin of 2.87% and a return on equity of 96.01%. The company 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 firm posted $7.36 EPS. Murphy USA's revenue for the quarter was up 36.0% on a year-over-year basis.

Murphy USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 24th were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, August 24th. This is an increase from Murphy USA's previous quarterly dividend of $0.64. Murphy USA's payout ratio is 7.92%.

Insider Transactions at Murphy USA

In other news, Director Rosemary Turner sold 966 shares of the company's 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 sale, the director owned 449 shares in the company, valued at $256,774.12. This represents a 68.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Eric J. Bartko sold 100 shares of the firm's stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $523.60, for a total transaction of $52,360.00. Following the sale, the senior vice president owned 252 shares in the company, valued at approximately $131,947.20. This represents a 28.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.02% of the company's stock.

Hedge Funds Weigh In On Murphy USA

Hedge funds and other institutional investors have recently made changes to their positions in the company. QRG Capital Management Inc. boosted its position in Murphy USA by 12.6% during the second quarter. QRG Capital Management Inc. now owns 600 shares of the specialty retailer's stock worth $323,000 after acquiring an additional 67 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Murphy USA by 35.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 627 shares of the specialty retailer's stock worth $338,000 after buying an additional 164 shares in the last quarter. Tidal Investments LLC boosted its holdings in Murphy USA by 45.1% in the second quarter. Tidal Investments LLC now owns 2,482 shares of the specialty retailer's stock valued at $1,337,000 after purchasing an additional 772 shares during the period. WINTON GROUP Ltd purchased a new position in Murphy USA in the second quarter worth approximately $1,358,000. Finally, Engineers Gate Manager LP boosted its position in shares of Murphy USA by 21,322.2% during the 2nd quarter. Engineers Gate Manager LP now owns 103,041 shares of the specialty retailer's stock worth $55,526,000 after acquiring an additional 102,560 shares in the last quarter. Hedge funds and other 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.

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