Why Acquire Shares Of Marathon Oil Corporation (MRO)?
Marathon Oil Corporation (NYSE:MRO) has a beta value of 3.24 and has seen 6.5 million shares traded in the recent trading session. The company, currently valued at $10.62B, closed the recent trade at $13.77 per share which meant it gained $0.31 on the day or 2.27% during that session. The MRO stock price is -2.83% off its 52-week high price of $14.16 and 72.91% above the 52-week low of $3.73. If we look at the companys 10-day average daily trading volume, we find that it stood at 15.82 million shares traded. The 3-month trading volume is 20.96 million shares. The consensus among analysts is that Marathon Oil Corporation (MRO) is an Overweight stock at the moment, with a recommendation rating of 2.40. 2 analysts rate the stock as a Sell, while 1 rate it as Overweight. 12 out of 29 have rated it as a Hold, with 13 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $0.13. Marathon Oil Corporation (NYSE:MRO) trade information  Sporting 2.27% in the green today, the stock has traded in the red over the last five days, with the highest price hit on Friday, 06/11/21 when the MRO stock price touched $13.77 or saw a rise of 1.43%. Year-to-date, Marathon Oil Corporation shares have moved 101.80%, while the 5-day performance has seen it change -2.46%. Over the past 30 days, the shares of Marathon Oil Corporation (NYSE:MRO) have changed 16.64%. Short interest in the company has seen 33.49 million shares shorted with days to cover at 1.75. Wall Street analysts have a consensus price target for the stock at $14.50, which means that the shares value could jump 5.03% from the levels at last check today. The projected low price target is $8.60 while the price target rests at a high of $18.00. In that case, then, we find that the latest price level in todays session is -30.72% off the targeted high while a plunge would see the stock lose 37.55% from the levels at last check today. Marathon Oil Corporation (MRO) estimates and forecasts  Figures show that Marathon Oil Corporation shares have outperformed across the wider relevant industry. The companys shares have gained 88.25% over the past 6 months, with this year growth rate of 152.59%, compared to -6.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 121.70% and 167.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 41.70%. 16 analysts offering their estimates for the company have set an average revenue estimate of $1.07 billion for the current quarter. 16 have an estimated revenue figure of $1.12 billion for the next quarter concluding in Sep 2021. Year-ago sales stood $272 million and $754 million respectively for this quarter and the next, and analysts expect sales will grow by 294.40% for the current quarter and 49.10% for the next. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.10% over the past 5 years. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  MRO Dividends  Marathon Oil Corporation is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 0.16 at a share yield of 1.19%. The companys dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.65%. Marathon Oil Corporation (NYSE:MRO)s Major holders  Insiders own 0.24% of the company shares, while shares held by institutions stand at 71.81% with a share float percentage of 71.98%. Investors are also buoyed by the number of investors in a company, with Marathon Oil Corporation having a total of 756 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 85.56 million shares worth more than $913.75 million. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 10.86% of shares outstanding. The other major institutional holder is Hotchkis & Wiley Capital Management, LLC, with the holding of over 59.23 million shares as of Mar 30, 2021. The firms total holdings are worth over $632.58 million and represent 7.52% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard/Windsor II and Vanguard Total Stock Market Index Fund. As of Jan 30, 2021, the former fund manager holds about 3.44% shares in the company for having 27.14 million shares of worth $196.52 million while later fund manager owns 22.29 million shares of worth $238.09 million as of Mar 30, 2021, which makes it owner of about 2.83% of companys outstanding stock.