The Stock has YTD (year to date) performance of 0.46 percent. Wealthfront Inc. acquired a new stake in shares of Marathon Oil during the second quarter worth approximately $258,000. Jacobi Capital Management LLC raised its position in Marathon Petroleum Corp by 31.0% in the third quarter. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 2 given UNDERPERFORM rating. Rowland & Co. Investment Counsel ADV bought a new position in Marathon Petroleum Corp during the third quarter valued at approximately $105,000. Finally, Altfest L J & Co.
The liquidity measure in recent quarter results of the company was recorded 1.60 as current ratio, on the other side the debt to equity ratio was 0.41, and long-term debt to equity ratio remained 0.41. Institutional investors and hedge funds own 81.96% of the company's stock.
Shares of Marathon Oil (NYSE:MRO) opened at 16.07 on Friday. The company's outstanding shares are 5.06 Billion. The firm has a market cap of $26.24 billion, a price-to-earnings ratio of 22.50 and a beta of 1.74.
While trading at volume below than average, Ford Motor Company (NYSE:F) previous 52-week high was $13.67 and moved down -0.35% over the same period, trading at a volume of 29.11 million. The 50 day moving average of NYSE:MRO is 16.48 and the 200 day moving average is 16.11.
"Marathon Petroleum Corp Expected to Post Q2 2017 Earnings of $0.78 Per Share (MPC)" was first reported by BBNS and is the sole property of of BBNS. The Next Year EPS growth is 24.4%, Long term annual growth estimate of -0.98%, Annual EPS growth past 5 years of -14.24 percent. Marathon Petroleum Corp had a net margin of 1.85% and a return on equity of 5.74%. According to these analysts, the Low Revenue Estimate for Marathon Oil Corporation is 1.27 Billion and the High Revenue Estimate is 1.43 Billion.
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Freeport-McMoRan Inc. (FCX) recently recorded -0.32 percent change and now at $12.4 is 46.4 percent away from its 52-week low and down -27.32 percent versus its peak. The company's revenue for the quarter was down 11.2% compared to the same quarter a year ago. Equities analysts predict that Marathon Petroleum Corp will post $2.99 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. The ex-dividend date is Tuesday, February 14th.
The dividend yield for the company is hovering around 1.23% while the pay out ratio is now at *TBA.
The forward P/E ratio stands at 59.08. That suggests something of the likelihood of a short squeeze in shares of MPC.
Marathon Petroleum Corporation has 1 year price target of $62.47. Marathon Petroleum Corporation (MPC) now trades with a market capitalization of $25.89 Billion. The stock presently has an average rating of "Buy" and an average price target of $19.70. Finally, JPMorgan Chase & Co. raised shares of Marathon Petroleum Corp from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $46.00 to $57.00 in a report on Wednesday, December 7th. Schwab Charles Investment Management Inc. now owns 3,230,998 shares of the company's stock worth $48,498,000 after buying an additional 269,739 shares in the last quarter. The current consensus recommendation provided by covering analysts is 2.40.