Many analysts are providing their Estimated Earnings analysis for Marathon Oil Corporation and for the current quarter 17 analysts have projected that the stock could give an Average Earnings estimate of $-0.07/share. Jefferies Group LLC reduced their price target on Marathon Petroleum Corp from $62.00 to $61.00 and set a "buy" rating for the company in a research report on Monday, January 23rd.
Equity Research firms now have a positive stance on shares of Marathon Oil Corporation (NYSE:MRO). Nomura cut Marathon Oil from a "buy" rating to a "neutral" rating in a report on Thursday, December 15th.
On Friday FBR & Co. indicated its broker consensus on shares of Marathon Oil Corporation (NYSE:MRO) giving the company a "Outperform" rating. The forecast of 11 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
Marathon Petroleum Corporation (NYSE:MPC) traded at an unexpectedly low level on 03/07/2017 when the stock experienced a -1.96 gain to a closing price of $50.15. With the last stock price close down -0.25% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. The company has a market capitalization of $27.08 billion, a P/E ratio of 23.21 and a beta of 1.74. The 52-Week High range of the stock is $19.28, while the 52-week low range is $9.65.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.05 per share.
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The dividend yield for the company is hovering around 1.23% while the pay out ratio is now at *TBA. The ex-dividend date is Monday, February 13th. Marathon Petroleum Corp's dividend payout ratio is now 65.16%.
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A number of other institutional investors have also recently bought and sold shares of MPC. Mizuho Trust & Banking Co. The company had a trading volume of 1,628,650 shares. The stock was ranked as Underweight by 2 analysts while 2 analysts gave SELL rank. 2 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The company reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.23. KCG Holdings Inc. raised its position in Marathon Petroleum Corporation by 1,505.7% in the third quarter. The latest exchange of 29.11 Million shares is below its average trading activity of 34.24 Million shares. Finally, Nomura Asset Management Co. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the stock. Following the completion of the acquisition, the director now directly owns 8,776 shares of the company's stock, valued at $438,273.44.
For the next 5 years, Marathon Oil Corporation is expecting Growth of -20% per annum, whereas in the past 5 years the growth was 9.24% per annum. They are one of the leading companies in the Independent Oil & Gas in USA.