NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis → He cracked the code to crypto… (From Weiss Ratings) (Ad) Free MGY Stock Alerts $25.67 -0.42 (-1.61%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$25.04▼$25.8650-Day Range$23.35▼$26.9952-Week Range$19.05▼$27.33Volume6.22 million shsAverage Volume3.13 million shsMarket Capitalization$5.24 billionP/E Ratio12.77Dividend Yield2.03%Price Target$27.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Magnolia Oil & Gas alerts: Email Address Magnolia Oil & Gas MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside8.6% Upside$27.88 Price TargetShort InterestBearish20.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.71Based on 27 Articles This WeekInsider TradingN/AProj. Earnings Growth5.50%From $2.18 to $2.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.96 out of 5 starsOils/Energy Sector177th out of 243 stocksCrude Petroleum & Natural Gas Industry59th out of 77 stocks 2.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageMagnolia Oil & Gas has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Magnolia Oil & Gas' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted20.29% of the float of Magnolia Oil & Gas has been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.Change versus previous monthShort interest in Magnolia Oil & Gas has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagnolia Oil & Gas has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Magnolia Oil & Gas is 25.87%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Magnolia Oil & Gas will have a dividend payout ratio of 22.61% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.Read more about Magnolia Oil & Gas' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MGY. Previous Next 3.2 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search Interest4 people have searched for MGY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions94.73% of the stock of Magnolia Oil & Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Magnolia Oil & Gas' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 5.50% in the coming year, from $2.18 to $2.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 12.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 12.77, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.95.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Magnolia Oil & Gas' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama’s Forever Term [exposed]America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.Start streaming it now at no cost here About Magnolia Oil & Gas Stock (NYSE:MGY)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. The company was incorporated in 2017 and is headquartered in Houston, Texas.Read More MGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGY Stock News HeadlinesMay 15 at 5:20 AM | americanbankingnews.comMizuho Boosts Magnolia Oil & Gas (NYSE:MGY) Price Target to $28.00May 14 at 4:32 PM | businesswire.comEnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVestMay 13 at 7:15 PM | markets.businessinsider.comCracking The Code: Understanding Analyst Reviews For Magnolia Oil & GasMay 13 at 3:53 AM | americanbankingnews.comRoth Capital Comments on Magnolia Oil & Gas Co.'s FY2024 Earnings (NYSE:MGY)May 12 at 9:24 AM | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Magnolia Oil & Gas Corporation (NYSE:MGY) After Its First-Quarter ReportMay 11, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Magnolia Oil & Gas Co. (NYSE:MGY) Increased by Roth CapitalMay 10, 2024 | americanbankingnews.comBrokers Offer Predictions for Magnolia Oil & Gas Co.'s Q4 2024 Earnings (NYSE:MGY)May 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q1 2024 Earnings Call TranscriptMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Magnolia Oil & Gas (MGY) and HF Sinclair Corporation (DINO)May 9, 2024 | finance.yahoo.comMagnolia Oil & Gas First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...May 8, 2024 | investorplace.comMGY Stock Earnings: Magnolia Oil & Gas Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings: Aligns with EPS Projections Amidst ...May 7, 2024 | businesswire.comMagnolia Oil & Gas Corporation Announces First Quarter 2024 ResultsMay 5, 2024 | finance.yahoo.comBe Sure To Check Out Magnolia Oil & Gas Corporation (NYSE:MGY) Before It Goes Ex-DividendMay 2, 2024 | businesswire.comMagnolia Oil & Gas Announces Quarterly DividendMay 1, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation's (NYSE:MGY) Stock Is Going Strong: Is the Market Following Fundamentals?April 21, 2024 | msn.comPiper Sandler Downgrades Magnolia Oil & Gas (MGY)April 15, 2024 | markets.businessinsider.comForecasting The Future: 6 Analyst Projections For Magnolia Oil & GasApril 11, 2024 | edition.cnn.comChampionX CorporationApril 8, 2024 | businesswire.comMagnolia Oil & Gas Schedules Conference Call for First Quarter 2024 ResultsApril 3, 2024 | finance.yahoo.comWe Think Magnolia Oil & Gas (NYSE:MGY) Might Have The DNA Of A Multi-BaggerApril 1, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (MGY)March 22, 2024 | nasdaq.comMGY Factor-Based Stock AnalysisMarch 14, 2024 | finance.yahoo.comHealthy Crude Oil Prices Fuel Upstream Sector ExpansionSee More Headlines Receive MGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnolia Oil & Gas and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Ex-Dividend for 3/1 Dividend2/15/2024Dividend Payable3/01/2024Ex-Dividend for 6/3 Dividend5/10/2024Today5/15/2024Dividend Payable6/03/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees247Year FoundedN/APrice Target and Rating Average Stock Price Target$27.88 High Stock Price Target$33.00 Low Stock Price Target$22.00 Potential Upside/Downside+8.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio12.76 Forward P/E Ratio11.76 P/E Growth1.51Net Income$388.30 million Net Margins30.46% Pretax Margin43.74% Return on Equity20.41% Return on Assets14.07% Debt Debt-to-Equity Ratio0.21 Current Ratio1.71 Quick Ratio1.71 Sales & Book Value Annual Sales$1.23 billion Price / Sales4.27 Cash Flow$3.47 per share Price / Cash Flow7.39 Book Value$9.29 per share Price / Book2.76Miscellaneous Outstanding Shares204,280,000Free Float201,417,000Market Cap$5.24 billion OptionableOptionable Beta2.03 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Christopher G. Stavros (Age 61)President, CEO & Director Comp: $1.76MMr. Brian Michael Corales CPA (Age 44)Senior VP, CFO and Principal Accounting & Financial Officer Comp: $796.87kMr. Steve F. Millican (Age 48)Senior Vice President of Operations Comp: $802.95kMr. Timothy D. Yang (Age 52)Executive Vice President, General Counsel, Corporate Secretary & Land Comp: $1.14MJim JohnsonVice President of Finance, IR & TreasurerKey CompetitorsCrescent Point EnergyNYSE:CPGSM EnergyNYSE:SMSasolNYSE:SSLVista EnergyNYSE:VISTEnerplusNYSE:ERFView All CompetitorsInsiders & InstitutionsPrice T Rowe Associates Inc. MDBought 1,624 shares on 5/15/2024Ownership: 0.291%PEAK6 Investments LLCSold 17,500 shares on 5/15/2024Ownership: 0.000%Quadrature Capital LtdBought 11,820 shares on 5/15/2024Ownership: 0.006%BOKF NABought 10,290 shares on 5/15/2024Ownership: 0.005%Truvestments Capital LLCSold 9,478 shares on 5/15/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MGY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGY, but not buy additional shares or sell existing shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price target for 2024? 9 brokerages have issued 12 month price objectives for Magnolia Oil & Gas' stock. Their MGY share price targets range from $22.00 to $33.00. On average, they expect the company's share price to reach $27.88 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View analysts price targets for MGY or view top-rated stocks among Wall Street analysts. How have MGY shares performed in 2024? Magnolia Oil & Gas' stock was trading at $21.29 at the beginning of 2024. Since then, MGY stock has increased by 20.6% and is now trading at $25.67. View the best growth stocks for 2024 here. When is Magnolia Oil & Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) announced its quarterly earnings data on Wednesday, November, 1st. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.01. The company had revenue of $315.68 million for the quarter, compared to analysts' expectations of $318.30 million. Magnolia Oil & Gas had a net margin of 30.46% and a trailing twelve-month return on equity of 20.41%. The business's revenue for the quarter was down 34.6% on a year-over-year basis. During the same period last year, the firm earned $1.29 earnings per share. How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas? Magnolia Oil & Gas announced a quarterly dividend on Thursday, May 2nd. Investors of record on Monday, May 13th will be given a dividend of $0.13 per share on Monday, June 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Friday, May 10th. Read our dividend analysis for MGY. Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.01%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 22.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGY. What ETFs hold Magnolia Oil & Gas' stock? ETFs with the largest weight of Magnolia Oil & Gas (NYSE:MGY) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), Invesco Dorsey Wright Energy Momentum ETF (PXI), First Trust Natural Gas ETF (FCG), JPMorgan Active Small Cap Value ETF (JPSV) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). What other stocks do shareholders of Magnolia Oil & Gas own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Block (SQ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Occidental Petroleum (OXY), AbbVie (ABBV), AMC Entertainment (AMC), Micron Technology (MU) and Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.16%), Wasatch Advisors LP (1.71%), Allspring Global Investments Holdings LLC (1.56%), Allspring Global Investments Holdings LLC (1.56%), Principal Financial Group Inc. (0.92%) and Vest Financial LLC (0.38%). Insiders that own company stock include James R Larson, John B Walker, John B Walker, Ltd Enervest and Stephen I Chazen. View institutional ownership trends. How do I buy shares of Magnolia Oil & Gas? Shares of MGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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