Research Analysts Set Expectations for MGY FY2025 Earnings

Magnolia Oil & Gas Co. (NYSE:MGY) – Analysts at Capital One Financial dropped their FY2025 earnings estimates for shares of Magnolia Oil & Gas in a report issued on Thursday, March 20th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $2.33 for the year, down from their previous forecast of $2.34. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share. Capital One Financial also issued estimates for Magnolia Oil & Gas’ Q4 2025 earnings at $0.61 EPS.

Magnolia Oil & Gas (NYSE:MGY) last released its earnings results on Tuesday, February 18th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. The business had revenue of $326.61 million for the quarter, compared to the consensus estimate of $327.40 million. Magnolia Oil & Gas had a return on equity of 20.74% and a net margin of 27.82%.

Other equities research analysts also recently issued research reports about the stock. The Goldman Sachs Group downgraded shares of Magnolia Oil & Gas from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $27.00 to $26.00 in a research note on Friday, January 31st. Johnson Rice lowered shares of Magnolia Oil & Gas from a “moderate buy” rating to a “hold” rating in a report on Tuesday, January 28th. Truist Financial boosted their target price on Magnolia Oil & Gas from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Piper Sandler raised their price target on Magnolia Oil & Gas from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, Williams Trading set a $29.00 price objective on Magnolia Oil & Gas in a research note on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $27.77.

Magnolia Oil & Gas Price Performance

Shares of NYSE:MGY opened at $25.03 on Friday. The business’s 50 day moving average is $24.16 and its 200-day moving average is $25.01. The company has a current ratio of 1.42, a quick ratio of 1.47 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $4.86 billion, a PE ratio of 12.97, a PEG ratio of 3.01 and a beta of 1.90. Magnolia Oil & Gas has a 1-year low of $21.63 and a 1-year high of $29.02.

Institutional Investors Weigh In On Magnolia Oil & Gas

A number of institutional investors have recently made changes to their positions in MGY. Vanguard Group Inc. boosted its holdings in Magnolia Oil & Gas by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 20,938,200 shares of the company’s stock worth $489,535,000 after buying an additional 452,836 shares during the last quarter. First Trust Advisors LP boosted its stake in Magnolia Oil & Gas by 24.6% during the 4th quarter. First Trust Advisors LP now owns 15,410,496 shares of the company’s stock worth $360,297,000 after acquiring an additional 3,038,709 shares during the last quarter. State Street Corp grew its holdings in Magnolia Oil & Gas by 4.2% during the third quarter. State Street Corp now owns 10,700,257 shares of the company’s stock valued at $261,300,000 after purchasing an additional 435,326 shares during the period. Janus Henderson Group PLC increased its stake in Magnolia Oil & Gas by 11.7% in the fourth quarter. Janus Henderson Group PLC now owns 6,396,875 shares of the company’s stock valued at $149,559,000 after purchasing an additional 667,973 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Magnolia Oil & Gas by 0.5% in the fourth quarter. Wellington Management Group LLP now owns 5,020,646 shares of the company’s stock worth $117,383,000 after purchasing an additional 26,943 shares during the period. 94.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros bought 2,500 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was bought at an average price of $22.05 per share, for a total transaction of $55,125.00. Following the transaction, the chief executive officer now owns 892,372 shares of the company’s stock, valued at approximately $19,676,802.60. The trade was a 0.28 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.40% of the company’s stock.

Magnolia Oil & Gas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 2.40%. Magnolia Oil & Gas’s dividend payout ratio is presently 31.09%.

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.