Q1 EPS Estimate for Magnolia Oil & Gas Boosted by Analyst

Magnolia Oil & Gas Co. (NYSE:MGY) – Equities research analysts at Zacks Research increased their Q1 2025 earnings per share estimates for shares of Magnolia Oil & Gas in a research note issued on Wednesday, November 13th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $0.48 per share for the quarter, up from their prior forecast of $0.47. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $1.99 per share. Zacks Research also issued estimates for Magnolia Oil & Gas’ Q1 2026 earnings at $0.48 EPS.

MGY has been the subject of a number of other reports. Susquehanna decreased their price objective on Magnolia Oil & Gas from $33.00 to $32.00 and set a “positive” rating for the company in a report on Wednesday, September 4th. Benchmark reissued a “hold” rating on shares of Magnolia Oil & Gas in a report on Tuesday, October 15th. Wells Fargo & Company downgraded Magnolia Oil & Gas from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $26.00 to $22.00 in a research report on Tuesday, October 1st. JPMorgan Chase & Co. dropped their target price on Magnolia Oil & Gas from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Thursday, September 12th. Finally, Bank of America increased their price objective on Magnolia Oil & Gas from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Magnolia Oil & Gas currently has a consensus rating of “Hold” and an average price target of $27.67.

Magnolia Oil & Gas Stock Down 1.4 %

MGY stock opened at $26.85 on Monday. The stock’s 50 day simple moving average is $25.69 and its 200 day simple moving average is $25.42. Magnolia Oil & Gas has a fifty-two week low of $19.16 and a fifty-two week high of $27.96. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $5.28 billion, a P/E ratio of 13.29, a price-to-earnings-growth ratio of 1.37 and a beta of 1.99.

Magnolia Oil & Gas (NYSE:MGY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The company had revenue of $333.14 million for the quarter, compared to the consensus estimate of $331.45 million. Magnolia Oil & Gas had a return on equity of 20.78% and a net margin of 28.88%.

Magnolia Oil & Gas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 8th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, November 8th. Magnolia Oil & Gas’s dividend payout ratio is currently 25.74%.

Insider Buying and Selling

In other Magnolia Oil & Gas news, Director Ltd. Enervest sold 7,000,000 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $25.86, for a total value of $181,020,000.00. Following the sale, the director now owns 2,099,403 shares in the company, valued at $54,290,561.58. The trade was a 76.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Magnolia Oil & Gas

Several hedge funds have recently bought and sold shares of MGY. US Bancorp DE lifted its stake in Magnolia Oil & Gas by 348.7% in the 1st quarter. US Bancorp DE now owns 25,576 shares of the company’s stock worth $664,000 after purchasing an additional 19,876 shares in the last quarter. ProShare Advisors LLC lifted its stake in Magnolia Oil & Gas by 20.6% in the 1st quarter. ProShare Advisors LLC now owns 35,851 shares of the company’s stock worth $930,000 after purchasing an additional 6,130 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Magnolia Oil & Gas by 41.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 74,263 shares of the company’s stock valued at $1,927,000 after buying an additional 21,900 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Magnolia Oil & Gas by 16.6% during the 1st quarter. Vanguard Group Inc. now owns 20,757,369 shares of the company’s stock valued at $538,654,000 after buying an additional 2,956,314 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Magnolia Oil & Gas by 7.2% during the 1st quarter. Bessemer Group Inc. now owns 628,409 shares of the company’s stock valued at $16,308,000 after buying an additional 42,154 shares in the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Magnolia Oil & Gas Company Profile

Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings area in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation.