Roth Capital Has Positive Forecast for MGY Q1 Earnings

Magnolia Oil & Gas Co. (NYSE:MGY) – Equities research analysts at Roth Capital increased their Q1 2025 earnings estimates for Magnolia Oil & Gas in a research note issued on Monday, February 3rd. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $0.48 for the quarter, up from their previous estimate of $0.40. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $1.97 per share. Roth Capital also issued estimates for Magnolia Oil & Gas’ Q2 2025 earnings at $0.42 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $1.91 EPS.

Several other brokerages also recently commented on MGY. Benchmark reaffirmed a “hold” rating on shares of Magnolia Oil & Gas in a research note on Tuesday, October 15th. Johnson Rice cut Magnolia Oil & Gas from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group lowered shares of Magnolia Oil & Gas from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $27.00 to $26.00 in a research note on Friday, January 31st. Siebert Williams Shank cut Magnolia Oil & Gas from a “buy” rating to a “hold” rating and set a $30.00 target price on the stock. in a research note on Tuesday, October 15th. Finally, Bank of America reissued a “neutral” rating and set a $28.00 price target (down previously from $29.00) on shares of Magnolia Oil & Gas in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.58.

Magnolia Oil & Gas Price Performance

Shares of NYSE:MGY opened at $23.70 on Wednesday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.20. The company’s fifty day moving average is $24.91 and its 200 day moving average is $25.40. The stock has a market cap of $4.66 billion, a PE ratio of 11.73, a PEG ratio of 2.98 and a beta of 1.98. Magnolia Oil & Gas has a 52 week low of $19.83 and a 52 week high of $29.02.

Institutional Trading of Magnolia Oil & Gas

Several institutional investors have recently made changes to their positions in MGY. Soros Fund Management LLC bought a new stake in shares of Magnolia Oil & Gas in the 3rd quarter worth about $18,120,000. Barclays PLC boosted its stake in Magnolia Oil & Gas by 62.5% in the third quarter. Barclays PLC now owns 1,653,736 shares of the company’s stock valued at $40,383,000 after acquiring an additional 636,049 shares in the last quarter. State Street Corp raised its stake in Magnolia Oil & Gas by 4.2% in the third quarter. State Street Corp now owns 10,700,257 shares of the company’s stock valued at $261,300,000 after buying an additional 435,326 shares during the last quarter. Centiva Capital LP boosted its stake in Magnolia Oil & Gas by 767.6% in the 3rd quarter. Centiva Capital LP now owns 487,148 shares of the company’s stock worth $11,896,000 after purchasing an additional 430,996 shares in the last quarter. Finally, Vest Financial LLC grew its holdings in shares of Magnolia Oil & Gas by 39.0% during the fourth quarter. Vest Financial LLC now owns 1,521,004 shares of the company’s stock valued at $35,561,000 after buying an additional 426,572 shares during the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Magnolia Oil & Gas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.15 per share. This is a boost from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a yield of 2.53%. Magnolia Oil & Gas’s dividend payout ratio (DPR) is presently 25.74%.

Magnolia Oil & Gas Company Profile

Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.