In today’s recent session, 0.47 million shares of the Murphy Oil Corp (NYSE:MUR) have been traded, and its beta is 1.13. Most recently the company’s share price was $20.89, and it changed around $0.77 or 3.83% from the last close, which brings the market valuation of the company to $2.98B. MUR at last check was trading at a discount to its 52-week high of $46.90, offering almost -124.51% off that amount. The share price’s 52-week low was $18.94, which indicates that the recent value has risen by an impressive 9.33% since then. We note from Murphy Oil Corp’s average daily trading volume that its 10-day average is 4.54 million shares, with the 3-month average coming to 3.36 million.
Murphy Oil Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.48. If we narrow it down even further, the data shows that 1 out of 18 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 11 recommended MUR as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Murphy Oil Corp is expected to report earnings per share of 0.53 for the current quarter.
Murphy Oil Corp (NYSE:MUR) trade information
Instantly MUR has been showing a green trend so far today with a performance of 3.83% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 22.14 on recent trading dayincreased the stock’s daily price by 5.65%. The company’s shares are currently down -30.96% year-to-date, but still down -9.88% over the last five days. On the other hand, Murphy Oil Corp (NYSE:MUR) is -19.96% down in the 30-day period. We can see from the shorts that 19.64 million shares have been sold at a short interest cover period of 5.57 day(s).
The consensus price target as assigned by Wall Street analysts is $34, which translates to bulls needing to increase their stock price by 38.56% from its current value. Analyst projections state that MUR is forecast to be at a low of $27 and a high of $37.
Murphy Oil Corp (MUR) estimates and forecasts
The year-over-year growth rate is expected to be -6.73%, down from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 676.33M in revenue for the current quarter. 6 analysts expect Murphy Oil Corp to make 694.53M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 796.41M and 802.77M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -15.08%. Forecasts for the next quarter put sales growth at -13.48%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -17.32%. Murphy Oil Corp earnings are expected to increase by -14.02% in 2025, but the outlook is positive 13.63% per year for the next five years.
MUR Dividends
Murphy Oil Corp’s next quarterly earnings report is expected to be released on 2025-Jan-29. The annual dividend yield of the stock is 5.86 percent and its annual dividend per share was 1.23. It is important to note, however, that the 5.86% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.24 per year.
Murphy Oil Corp (NYSE:MUR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.33% of Murphy Oil Corp shares, and 85.03% of them are in the hands of institutional investors. The stock currently has a share float of 90.77%. Murphy Oil Corp stock is held by 538.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 13.9949% of the shares, which is about 21.29 million shares worth $878.15 million.
VANGUARD GROUP INC, with 11.3216% or 17.28 million shares worth $712.79 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 4.48 shares worth $94.44 million, making up 3.14% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 4.32 shares worth around $91.1 million, which represents about 3.03% of the total shares outstanding.
