Q3 EPS Forecast for Magnolia Oil & Gas Reduced by Analyst

Key Points

• Zacks Research has reduced its earnings estimates for Magnolia Oil & Gas (MGY) for Q3 2025 from $0.42 to $0.40 per share, with a full-year estimate of $2.10 per share.
• Bank of America and Piper Sandler updated their price targets for MGY to $25.00, maintaining a "neutral" rating, while UBS Group upgraded its rating to "buy" with a price target of $29.00.
• Magnolia Oil & Gas recently announced a quarterly dividend of $0.15 per share, reflecting an annualized yield of 2.4% and a dividend payout ratio of 31.41%.

Magnolia Oil & Gas Corp (NYSE:MGY - Free Report) - Research analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for Magnolia Oil & Gas in a research report issued on Wednesday, September 3rd. Zacks Research analyst Team now anticipates that the company will earn $0.40 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $2.10 per share. Zacks Research also issued estimates for Magnolia Oil & Gas' FY2025 earnings at $1.80 EPS and Q1 2026 earnings at $0.43 EPS.

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

Magnolia Oil & Gas Price Performance

Shares of NYSE:MGY traded up $0.56 during trading on Friday, hitting $23.88. 687,736 shares of the company were exchanged, compared to its average volume of 2,615,422. The business's 50 day moving average is $23.73 and its 200-day moving average is $23.01. The company has a market capitalization of $4.56 billion, a P/E ratio of 12.50, a price-to-earnings-growth ratio of 3.09 and a beta of 1.33. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.20. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-year high of $29.02.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. The firm had revenue of $318.98 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 earnings per share.

Magnolia Oil & Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, August 11th. Magnolia Oil & Gas's dividend payout ratio is presently 31.41%.

Institutional Investors Weigh In On Magnolia Oil & Gas

Several hedge funds and other institutional investors have recently bought and sold shares of MGY. American Century Companies Inc. lifted its holdings in shares of Magnolia Oil & Gas by 12.9% in the 2nd quarter. American Century Companies Inc. now owns 11,861,231 shares of the company's stock worth $266,641,000 after purchasing an additional 1,358,878 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Magnolia Oil & Gas by 11.7% in the 4th quarter. Janus Henderson Group PLC now owns 6,396,875 shares of the company's stock worth $149,559,000 after purchasing an additional 667,973 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Magnolia Oil & Gas by 12.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,365,892 shares of the company's stock worth $135,541,000 after purchasing an additional 597,845 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Magnolia Oil & Gas by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,531,855 shares of the company's stock worth $101,895,000 after purchasing an additional 238,356 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its holdings in shares of Magnolia Oil & Gas by 26.0% in the 2nd quarter. Boston Trust Walden Corp now owns 4,003,770 shares of the company's stock worth $90,005,000 after purchasing an additional 825,162 shares in the last quarter. 94.73% of the stock is owned by institutional investors.

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.