Q1 EPS Estimates for Magnolia Oil & Gas Cut by Roth Capital

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Stock analysts at Roth Capital cut their Q1 2025 EPS estimates for shares of Magnolia Oil & Gas in a research note issued to investors on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the company will earn $0.52 per share for the quarter, down from their prior estimate of $0.53. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $2.10 per share. Roth Capital also issued estimates for Magnolia Oil & Gas' Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.44 EPS and FY2025 earnings at $1.64 EPS.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. The company had revenue of $326.61 million during 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%.

MGY has been the topic of a number of other reports. JPMorgan Chase & Co. dropped their price target on shares of Magnolia Oil & Gas from $28.00 to $24.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. The Goldman Sachs Group lowered Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and cut their price target for the stock from $27.00 to $26.00 in a report on Friday, January 31st. Piper Sandler decreased their price objective on Magnolia Oil & Gas from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Tuesday. Truist Financial raised their target price on Magnolia Oil & Gas from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Finally, Citigroup lowered their price target on shares of Magnolia Oil & Gas from $22.00 to $19.00 and set a "sell" rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $27.36.

Magnolia Oil & Gas Stock Performance

Magnolia Oil & Gas stock traded up $0.84 during midday trading on Thursday, reaching $21.03. The stock had a trading volume of 678,295 shares, compared to its average volume of 2,785,375. The company has a quick ratio of 1.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $4.08 billion, a PE ratio of 10.90, a P/E/G ratio of 3.01 and a beta of 1.57. Magnolia Oil & Gas has a 12 month low of $19.09 and a 12 month high of $29.02. The firm's 50-day moving average price is $23.05 and its 200 day moving average price is $24.66.

Institutional Investors Weigh In On Magnolia Oil & Gas

Several institutional investors and hedge funds have recently bought and sold shares of the business. Mather Group LLC. boosted its holdings in Magnolia Oil & Gas by 100.0% in the fourth quarter. Mather Group LLC. now owns 1,090 shares of the company's stock valued at $25,000 after acquiring an additional 545 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Magnolia Oil & Gas by 112.3% during the fourth quarter. Larson Financial Group LLC now owns 1,072 shares of the company's stock valued at $25,000 after buying an additional 567 shares during the period. Opal Wealth Advisors LLC purchased a new stake in Magnolia Oil & Gas in the first quarter worth about $30,000. R Squared Ltd bought a new stake in Magnolia Oil & Gas during the 4th quarter valued at approximately $43,000. Finally, Quarry LP grew its holdings in shares of Magnolia Oil & Gas by 1,047.8% during the 4th quarter. Quarry LP now owns 2,135 shares of the company's stock worth $50,000 after acquiring an additional 1,949 shares during the period. Hedge funds and other institutional investors own 94.73% of the company's stock.

Insiders Place Their Bets

In other news, CEO Christopher G. Stavros acquired 2,500 shares of the stock in a transaction dated Monday, March 3rd. The stock was purchased at an average cost of $22.05 per share, with a total value of $55,125.00. Following the completion of the purchase, the chief executive officer now owns 892,372 shares in the company, 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 hyperlink. Insiders own 1.20% of the company's stock.

Magnolia Oil & Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, February 14th. This is a boost from Magnolia Oil & Gas's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a yield of 2.85%. Magnolia Oil & Gas's dividend payout ratio is currently 31.09%.

About Magnolia Oil & Gas

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.