Q3 EPS Estimates for Magnolia Oil & Gas Lowered by KeyCorp

Key Points

• KeyCorp has lowered its Q3 2025 earnings per share (EPS) estimate for Magnolia Oil & Gas from $0.44 to $0.41, maintaining an "Overweight" rating and a price target of $29.00.
• Currently, Magnolia Oil & Gas has a consensus rating of "Hold" with five analysts rating it as a Buy, seven as Hold, and two as Sell, while the consensus target price is $26.33.
• The company recently declared a quarterly dividend of $0.15 per share, resulting in an annualized dividend yield of 2.6%.

Magnolia Oil & Gas Corp (NYSE:MGY - Free Report) - Equities research analysts at KeyCorp dropped their Q3 2025 earnings per share (EPS) estimates for shares of Magnolia Oil & Gas in a research note issued on Tuesday, October 14th. KeyCorp analyst T. Rezvan now expects that the company will post earnings of $0.41 per share for the quarter, down from their prior estimate of $0.44. KeyCorp currently has a "Overweight" rating and a $29.00 price target on the stock. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $2.10 per share. KeyCorp also issued estimates for Magnolia Oil & Gas' Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $1.80 EPS, Q1 2026 earnings at $0.48 EPS, Q2 2026 earnings at $0.45 EPS, Q3 2026 earnings at $0.46 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $1.92 EPS, Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.52 EPS and FY2027 earnings at $2.10 EPS.

A number of other equities analysts have also weighed in on the company. Piper Sandler upped their target price on Magnolia Oil & Gas from $24.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Mizuho decreased their target price on Magnolia Oil & Gas from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Monday, September 15th. William Blair assumed coverage on Magnolia Oil & Gas in a report on Monday, August 25th. They issued an "outperform" rating for the company. Weiss Ratings reiterated a "hold (c)" rating on shares of Magnolia Oil & Gas in a report on Wednesday, October 8th. Finally, Citigroup reiterated a "sell" rating on shares of Magnolia Oil & Gas in a report on Thursday, July 10th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Magnolia Oil & Gas presently has a consensus rating of "Hold" and a consensus target price of $26.33.

Magnolia Oil & Gas Price Performance

Shares of NYSE MGY opened at $23.24 on Thursday. The firm has a market capitalization of $4.43 billion, a P/E ratio of 12.17, a P/E/G ratio of 3.05 and a beta of 1.24. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.20. The stock's 50-day simple moving average is $23.97 and its two-hundred day simple moving average is $23.04. Magnolia Oil & Gas has a twelve month low of $19.09 and a twelve month high of $29.02.

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

Institutional Investors Weigh In On Magnolia Oil & Gas

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in Magnolia Oil & Gas by 4.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,470 shares of the company's stock valued at $391,000 after acquiring an additional 715 shares during the period. Jane Street Group LLC boosted its holdings in Magnolia Oil & Gas by 1,382.9% during the 1st quarter. Jane Street Group LLC now owns 1,059,335 shares of the company's stock valued at $26,759,000 after acquiring an additional 987,896 shares during the period. Bessemer Group Inc. lifted its holdings in Magnolia Oil & Gas by 4.4% in the 1st quarter. Bessemer Group Inc. now owns 836,386 shares of the company's stock worth $21,127,000 after buying an additional 35,575 shares during the period. Mackenzie Financial Corp lifted its holdings in Magnolia Oil & Gas by 164.9% in the 1st quarter. Mackenzie Financial Corp now owns 29,322 shares of the company's stock worth $741,000 after buying an additional 18,254 shares during the period. Finally, Boston Trust Walden Corp lifted its holdings in Magnolia Oil & Gas by 2.8% in the 1st quarter. Boston Trust Walden Corp now owns 3,178,608 shares of the company's stock worth $80,292,000 after buying an additional 88,021 shares during the period. 94.73% of the stock is currently owned by hedge funds and other institutional investors.

Magnolia Oil & Gas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 2.6%. Magnolia Oil & Gas's dividend payout ratio is currently 31.41%.

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.

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