Zacks Research Issues Pessimistic Forecast for MGY Earnings

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Zacks Research cut their Q2 2025 earnings per share estimates for shares of Magnolia Oil & Gas in a research note issued to investors on Wednesday, May 14th. Zacks Research analyst N. Choudhury now expects that the company will post earnings of $0.40 per share for the quarter, down from their previous forecast of $0.50. 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' Q3 2025 earnings at $0.44 EPS, FY2025 earnings at $1.85 EPS, FY2026 earnings at $1.90 EPS and FY2027 earnings at $1.99 EPS.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. The firm had revenue of $350.30 million for the quarter, compared to analyst estimates of $337.83 million. Magnolia Oil & Gas had a return on equity of 20.74% and a net margin of 27.82%. The business's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS.

A number of other research firms have also weighed in on MGY. The Goldman Sachs Group lowered Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $27.00 to $26.00 in a report on Friday, January 31st. Piper Sandler decreased their target price on Magnolia Oil & Gas from $25.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Williams Trading set a $29.00 target price on Magnolia Oil & Gas in a report on Wednesday, March 5th. Citigroup decreased their target price on Magnolia Oil & Gas from $22.00 to $19.00 and set a "sell" rating on the stock in a report on Tuesday, April 8th. Finally, Johnson Rice lowered Magnolia Oil & Gas from a "moderate buy" rating to a "hold" rating in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $27.14.

Magnolia Oil & Gas Stock Down 0.6%

NYSE:MGY opened at $22.64 on Monday. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 11.73, a price-to-earnings-growth ratio of 3.01 and a beta of 1.25. Magnolia Oil & Gas has a twelve month low of $19.09 and a twelve month high of $29.02. The stock's 50 day moving average price is $22.38 and its two-hundred day moving average price is $24.07. The company has a quick ratio of 1.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On Magnolia Oil & Gas

A number of institutional investors and hedge funds have recently bought and sold shares of MGY. First Trust Advisors LP increased its holdings in Magnolia Oil & Gas by 24.6% in the 4th quarter. First Trust Advisors LP now owns 15,410,496 shares of the company's stock worth $360,297,000 after purchasing an additional 3,038,709 shares in the last quarter. Encompass Capital Advisors LLC acquired a new position in Magnolia Oil & Gas in the 1st quarter worth about $53,819,000. Jane Street Group LLC increased its holdings in Magnolia Oil & Gas by 1,382.9% in the 1st quarter. Jane Street Group LLC now owns 1,059,335 shares of the company's stock worth $26,759,000 after purchasing an additional 987,896 shares in the last quarter. Millennium Management LLC increased its holdings in Magnolia Oil & Gas by 506.2% in the 1st quarter. Millennium Management LLC now owns 1,022,836 shares of the company's stock worth $25,837,000 after purchasing an additional 854,113 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Magnolia Oil & Gas in the 1st quarter worth about $21,066,000. Institutional investors and hedge funds own 94.73% of the company's stock.

Insider Activity

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of the stock in a transaction dated Monday, March 3rd. The stock was bought at an average price of $22.05 per share, with a total value of $55,125.00. Following the acquisition, the chief executive officer now owns 892,372 shares of the company's stock, valued at approximately $19,676,802.60. This represents a 0.28% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.20% of the company's stock.

Magnolia Oil & Gas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.65%. Magnolia Oil & Gas's payout ratio is 29.85%.

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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