Jefferies Upgrades Murphy USA Inc. to 'Buy'

Jefferies has raised its rating on Murphy USA Inc. to 'buy' with a new price target of $625, a 15.98% upside from the current price.

Key Points

  • Jefferies analyst Corey Tarlowe upgraded Murphy USA Inc. to a 'buy' with a $625 price target on July 1, 2026.
  • Jefferies's $625 price target implies 15.98% upside from Murphy USA Inc.'s ($MUSA) current $538.87 share price.
  • Murphy USA stock traded near $538.87 on Wednesday, with a market cap of about $9.95 billion and a P/E ratio of 18.7.
  • Analysts have a consensus 'buy' rating on Murphy USA, with a mean price target of $581.20 among ten analyst opinions.

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Jefferies analyst Corey Tarlowe has upgraded Murphy USA Inc. (NYSE:MUSA) to a 'buy' with a new price target of $625. This change was announced on July 1, 2026, as the stock traded around $538.87.

Analyst rating track record

Jefferies vs. the S&P 500

YTD return +49.31% hypothetical
All-time return +129.08% S&P 500 +28.13%
vs. S&P 500 +100.95% ahead of the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

Murphy USA Inc. Stock Up 7.1%

Shares of NYSE:MUSA traded near $538.87 on Wednesday. Murphy USA has a market cap of approximately $9.95 billion and a P/E ratio of 18.7. The stock's 52-week range is between $345.23 and $636.05, with a 50-day moving average of $552.12 and a 200-day moving average of $446.39. The company also maintains a current ratio of 0.83 and a quick ratio of 0.45, with a debt-to-equity ratio of 412.27.

12-month forecast

$MUSA price target

Past daily closes and this analyst's 12-month price target. Not investment advice.

Recent Earnings

Murphy USA reported revenue of about $17.30 billion, reflecting a growth rate of 7.1%. The company's earnings per share (EPS) stood at $28.78, with a net margin of 3.2% and a return on equity (ROE) of 80.35%. The next earnings report is scheduled for July 29, 2026.

Dividend

Murphy USA offers an annual dividend rate of $2.43, yielding 0.45% with a payout ratio of 7.97%. The ex-dividend date details were not specified.

Insider Buying and Selling at Murphy USA Inc.

Insider activity at Murphy USA included several transactions. On June 5, 2026, Diane Landen sold 3,000 shares at an average price of $547.25. Earlier, on June 1, 2026, James Keyes sold 2,339 shares at $511 per share. Renee Bacon, the SVP and Chief Retail Officer, sold 1,050 shares at $529.44 on May 27, 2026, as part of a planned sale.

Analysts Set New Price Targets

On July 1, 2026, Jefferies upgraded Murphy USA to a 'buy' with a $625 price target. Keybanc maintained its 'buy' rating with a $680 target on June 12, 2026. Wells Fargo and RBC Capital both maintained 'hold' ratings with targets of $520 and $517, respectively, in May 2026. The consensus among analysts is a 'buy' rating, with a mean price target of $581.20 based on ten analyst opinions.

About Murphy USA Inc.

Murphy USA Inc. is a retail company specializing in motor fuel products and convenience merchandise. Operating under the Murphy USA, Murphy Express, and QuickChek brands, the company serves customers primarily in the Southeast, Southwest, and Midwest U.S. regions. Headquartered in El Dorado, Arkansas, Murphy USA was founded in 1996 and employs around 5,900 people. Its CEO is Ms. Malynda K. West, CPA.

Bottom Line

Jefferies' upgrade of Murphy USA to a 'buy' highlights the firm's confidence in the company's prospects. With a robust market position and a strong analyst consensus, Murphy USA remains a stock to watch. As always, remember that analyst ratings are based on historical data and may not reflect future performance.

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