Analysts Offer Predictions for MGY FY2025 Earnings

Key Points

• Capital One Financial has reduced its FY2025 earnings estimate for Magnolia Oil & Gas from $2.01 to $1.92 per share, with a consensus estimate currently at $2.10.
• The company reported Q2 2023 earnings of $0.43 EPS, beating estimates, but experienced a 5.3% decline in revenue compared to the same quarter last year.
• Magnolia Oil & Gas has announced a quarterly dividend of $0.15 per share, representing an annualized dividend yield of 2.4%.

Magnolia Oil & Gas Corp (NYSE:MGY - Free Report) - Investment analysts at Capital One Financial decreased their FY2025 earnings estimates for shares of Magnolia Oil & Gas in a research note issued to investors on Wednesday, August 27th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $1.92 for the year, down from their previous forecast of $2.01. 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 $0.50 EPS, Q2 2026 earnings at $0.48 EPS and FY2026 earnings at $1.95 EPS.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $318.98 million for the quarter, compared to the consensus estimate of $311.58 million. Magnolia Oil & Gas had a net margin of 27.57% and a return on equity of 19.34%. The company's revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 earnings per share.

Other equities analysts have also recently issued reports about the company. William Blair initiated coverage on Magnolia Oil & Gas in a research report on Monday, August 25th. They issued an "outperform" rating for the company. Wells Fargo & Company reduced their target price on Magnolia Oil & Gas from $22.00 to $21.00 and set an "underweight" rating for the company in a report on Monday, June 16th. Piper Sandler upped their price target on Magnolia Oil & Gas from $24.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Citigroup reissued a "sell" rating on shares of Magnolia Oil & Gas in a report on Thursday, July 10th. Finally, UBS Group reaffirmed a "buy" rating and set a $29.00 price objective (up previously from $26.00) on shares of Magnolia Oil & Gas in a research note on Friday, June 13th. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $26.67.

Magnolia Oil & Gas Stock Performance

Shares of MGY stock opened at $24.96 on Monday. The firm's 50 day moving average is $23.57 and its 200 day moving average is $22.99. The stock has a market capitalization of $4.76 billion, a P/E ratio of 13.07, a PEG ratio of 3.28 and a beta of 1.33. Magnolia Oil & Gas has a 12 month low of $19.09 and a 12 month high of $29.02. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Magnolia Oil & Gas by 236.2% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,190 shares of the company's stock worth $27,000 after purchasing an additional 836 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in Magnolia Oil & Gas in the 1st quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd bought a new stake in Magnolia Oil & Gas in the 2nd quarter worth approximately $30,000. EverSource Wealth Advisors LLC grew its position in Magnolia Oil & Gas by 165.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company's stock valued at $31,000 after acquiring an additional 864 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Magnolia Oil & Gas by 90.5% during the second quarter. Geneos Wealth Management Inc. now owns 2,212 shares of the company's stock valued at $50,000 after acquiring an additional 1,051 shares during the last quarter. 94.73% of the stock is currently owned by hedge funds and other institutional investors.

Magnolia Oil & Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 2.4%. Magnolia Oil & Gas's dividend payout ratio (DPR) is 31.41%.

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.

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