In the latest trading session,, 0.67 million Murphy Oil Corp (NYSE:MUR) shares changed hands as the company’s beta touched 1.09. With the company’s most recent per share price at $21.22 changing hands around $0.15 or 0.69% at last look, the market valuation stands at $3.03B. MUR’s current price is a discount, trading about -121.02% off its 52-week high of $46.90. The share price had its 52-week low at $18.94, which suggests the last value was 10.74% up since then. When we look at Murphy Oil Corp’s average trading volume, we note the 10-day average is 3.1 million shares, with the 3-month average coming to 3.42 million.
Analysts gave the Murphy Oil Corp (MUR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.67. If we narrow down to specifics, the data shows that 1 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended MUR as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Murphy Oil Corp’s EPS for the current quarter is expected to be 0.49.
Murphy Oil Corp (NYSE:MUR) trade information
Instantly MUR is in green as seen in intraday trades today. With action 1.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -29.89%, with the 5-day performance at 1.85% in the green. However, in the 30-day time frame, Murphy Oil Corp (NYSE:MUR) is -25.56% down. Looking at the short shares, we see there were 20.68 million shares sold at short interest cover period of 5.15 days.
The consensus price target for the stock as assigned by Wall Street analysts is 34, meaning bulls need an upside of 37.59% from its recent market value. According to analyst projections, MUR’s forecast low is 27 with 37 as the target high. To hit the forecast high, the stock’s price needs a -74.36% plunge from its current level, while the stock would need to soar -27.24% for it to hit the projected low.
Murphy Oil Corp (MUR) estimates and forecasts
Year-over-year growth is forecast to reach -7.77% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 668.19M. 6 analysts are of the opinion that Murphy Oil Corp’s revenue for the current quarter will be 683.86M. The company’s revenue for the corresponding quarters a year ago was 796.41M and 802.77M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.10%. The estimates for the next quarter sales put growth at -14.81%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.32%. The 2025 estimates are for Murphy Oil Corp earnings to decrease by -18.82%, but the outlook for the next 5-year period is at 13.34% per year.
MUR Dividends
Murphy Oil Corp is expected to release its next quarterly earnings report on 2025-Jan-29. The 5.77% annual yield figure for the share gives it an annual dividend of 1.23. It is important to note, however, that the 5.77% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.24 per year.
Murphy Oil Corp (NYSE:MUR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.33% of Murphy Oil Corp shares while 84.80% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.53%. There are 84.80% institutions holding the Murphy Oil Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 13.9949% of the shares, roughly 21.29 million MUR shares worth $878.15 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.3596% or 17.28 million shares worth $712.79 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 4.48 shares estimated at $94.49 million under it, the former controlled 3.14% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.03% of the shares, roughly 4.32 shares worth around $91.14 million.
