Q1 EPS Estimate for Magnolia Oil & Gas Boosted by Analyst

Magnolia Oil & Gas Co. (NYSE:MGYFree Report) – Research analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of Magnolia Oil & Gas in a research report issued to clients and investors on Wednesday, November 13th. Zacks Research analyst N. Choudhury now expects that the company will earn $0.48 per share for the quarter, up from their previous estimate 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.

Magnolia Oil & Gas (NYSE:MGYGet Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.52 EPS for the quarter, beating the consensus estimate 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 net margin of 28.88% and a return on equity of 20.78%.

Several other brokerages also recently commented on MGY. Benchmark reiterated a “hold” rating on shares of Magnolia Oil & Gas in a report on Tuesday, October 15th. Bank of America upped their target price on shares of Magnolia Oil & Gas from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Susquehanna dropped their target price on shares of Magnolia Oil & Gas from $33.00 to $32.00 and set a “positive” rating on the stock in a research note on Wednesday, September 4th. Truist Financial upped their target price on shares of Magnolia Oil & Gas from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Siebert Williams Shank downgraded shares of 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. Two 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $27.67.

Check Out Our Latest Research Report on MGY

Magnolia Oil & Gas Stock Performance

Shares of NYSE:MGY opened at $26.85 on Monday. The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 1.37 and a beta of 1.99. Magnolia Oil & Gas has a 12 month low of $19.16 and a 12 month high of $27.96. The firm’s 50-day moving average is $25.69 and its 200 day moving average is $25.42. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.20.

Magnolia Oil & Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 8th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.94%. Magnolia Oil & Gas’s dividend payout ratio is presently 25.74%.

Insider Activity at Magnolia Oil & Gas

In other Magnolia Oil & Gas news, Director Ltd. Enervest sold 7,000,000 shares of the firm’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 completion of the transaction, the director now owns 2,099,403 shares of the company’s stock, valued at approximately $54,290,561.58. This trade represents a 76.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its holdings in Magnolia Oil & Gas by 2.9% in the third quarter. Geode Capital Management LLC now owns 4,107,769 shares of the company’s stock valued at $100,332,000 after buying an additional 116,431 shares in the last quarter. Barclays PLC increased its stake in shares of Magnolia Oil & Gas by 62.5% during the third quarter. Barclays PLC now owns 1,653,736 shares of the company’s stock worth $40,383,000 after purchasing an additional 636,049 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Magnolia Oil & Gas by 13.0% during the third quarter. MML Investors Services LLC now owns 9,522 shares of the company’s stock worth $233,000 after purchasing an additional 1,096 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Magnolia Oil & Gas by 1.0% during the third quarter. Orion Portfolio Solutions LLC now owns 127,181 shares of the company’s stock worth $3,106,000 after purchasing an additional 1,220 shares in the last quarter. Finally, XTX Topco Ltd increased its stake in shares of Magnolia Oil & Gas by 92.5% during the third quarter. XTX Topco Ltd now owns 25,840 shares of the company’s stock worth $631,000 after purchasing an additional 12,420 shares in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds.

Magnolia Oil & Gas Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Magnolia Oil & Gas (NYSE:MGY)

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