NYSE:MGY Magnolia Oil & Gas - MGY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Magnolia Oil & Gas Co. Please log in to your account or sign up in order to add this asset to your watchlist. $23.57 -0.24 (-1.01%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$23.55▼$23.9850-Day Range$22.02▼$26.7152-Week Range$18.01▼$30.31Volume1.32 million shsAverage Volume1.77 million shsMarket Capitalization$5.10 billionP/E Ratio5.44Dividend Yield1.68%Price Target$31.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnolia Oil & Gas MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside32.6% Upside$31.25 Price TargetShort InterestBearish7.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth-29.35%From $4.43 to $3.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsOils/Energy Sector87th out of 244 stocksCrude Petroleum & Natural Gas Industry39th out of 74 stocks 3.4 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.25, Magnolia Oil & Gas has a forecasted upside of 32.6% from its current price of $23.57.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.24% of the float of Magnolia Oil & Gas has been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 7.5.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 0.24%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagnolia Oil & Gas does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Magnolia Oil & Gas is 9.24%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Magnolia Oil & Gas will have a dividend payout ratio of 12.78% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MGY. Previous Next 2.4 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Magnolia Oil & Gas this week, compared to 2 articles on an average week.Search Interest6 people have searched for MGY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.80% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions98.60% of the stock of Magnolia Oil & Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to decrease by -29.35% in the coming year, from $4.43 to $3.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 5.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 5.44, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.68.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 5.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Magnolia Oil & Gas (NYSE:MGY) StockMagnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.Read More Receive MGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnolia Oil & Gas and its competitors with MarketBeat's FREE daily newsletter. Email Address MGY Stock News HeadlinesJanuary 27, 2023 | americanbankingnews.comKeyCorp Weighs in on Magnolia Oil & Gas Co.'s FY2022 Earnings (NYSE:MGY)January 18, 2023 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) Receives $31.25 Average Price Target from AnalystsJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 11, 2023 | finance.yahoo.comMagnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2022 ResultsJanuary 4, 2023 | finance.yahoo.comMagnolia Oil & Gas Announces Preliminary Fourth Quarter 2022 ProductionJanuary 3, 2023 | seekingalpha.comMagnolia Oil & Gas: A Top-Pick Oil Stock To Invest In For 2023January 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation's (NYSE:MGY) Intrinsic Value Is Potentially 20% Below Its Share PriceDecember 15, 2022 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Magnolia Oil & Gas Corporation (NYSE:MGY)?January 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 14, 2022 | finance.yahoo.comJim Cramer Says Oil Prices Are Set for a Rebound; Here Are 3 Oil Stocks That Could GainDecember 8, 2022 | msn.com5 Analysts Have This to Say About Magnolia Oil & GasNovember 28, 2022 | finance.yahoo.comWith EPS Growth And More, Magnolia Oil & Gas (NYSE:MGY) Makes An Interesting CaseNovember 9, 2022 | seekingalpha.comMagnolia Oil & Gas: Outstanding Performance In Q3 2022November 9, 2022 | benzinga.comMagnolia Oil & Gas Director Trades Company's StockNovember 8, 2022 | finance.yahoo.comMagnolia Oil & Gas Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | finance.yahoo.comMagnolia (MGY) Shares Rise 8% Since Q3 Earnings & Sales BeatNovember 2, 2022 | seekingalpha.comMagnolia Oil & Gas Corporation (MGY) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finanznachrichten.deMAGNOLIA OIL & GAS CORPORATIONNovember 2, 2022 | seekingalpha.comMagnolia Oil & Gas sets quarterly production record, sees higher Q4 outputNovember 1, 2022 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces Third Quarter 2022 ResultsNovember 1, 2022 | msn.comEarnings Outlook For Magnolia Oil & GasOctober 27, 2022 | finance.yahoo.comMagnolia Oil & Gas Announces Quarterly DividendOctober 16, 2022 | markets.businessinsider.comJ.P. Morgan Keeps Their Hold Rating on Magnolia Oil & Gas (MGY)October 11, 2022 | finance.yahoo.comMagnolia Oil & Gas' (NYSE:MGY) 22% YoY earnings expansion surpassed the shareholder returns over the past five yearsOctober 5, 2022 | finance.yahoo.comMagnolia Oil & Gas Schedules Conference Call for Third Quarter 2022 ResultsSeptember 24, 2022 | seekingalpha.comMGY Magnolia Oil & Gas CorporationSeptember 23, 2022 | finance.yahoo.comStephen Chazen, Former Occidental CEO, Dies at 76See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnolia Oil & Gas and its competitors with MarketBeat's FREE daily newsletter. Email Address MGY Company Calendar Last Earnings11/01/2022Ex-Dividend for 12/1 Dividend11/04/2022Dividend Payable12/01/2022Today1/27/2023Next Earnings (Confirmed)2/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees192Year FoundedN/APrice Target and Rating Average Stock Price Forecast$31.25 High Stock Price Forecast$39.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+32.6%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.33 Trailing P/E Ratio5.44 Forward P/E Ratio5.32 P/E GrowthN/ANet Income$417.28 million Net Margins48.42% Pretax Margin62.91% Return on Equity66.39% Return on Assets40.66% Debt Debt-to-Equity Ratio0.27 Current Ratio2.63 Quick Ratio2.63 Sales & Book Value Annual Sales$1.08 billion Price / Sales4.73 Cash Flow$2.81 per share Price / Cash Flow8.38 Book Value$4.57 per share Price / Book5.16Miscellaneous Outstanding Shares216,199,000Free Float205,821,000Market Cap$5.10 billion OptionableOptionable Beta2.13 Key ExecutivesMr. Christopher G. Stavros (Age 60)CEO, Pres & Director Comp: $1.21MMr. Steve F. Millican (Age 47)Sr. VP of Operations Comp: $741.89kMr. Timothy D. Yang (Age 51)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $1.05MMr. Brian Michael Corales CPA (Age 44)Sr. VP, CFO and Principal Accounting & Financial Officer Key CompetitorsViper Energy PartnersNASDAQ:VNOMDenburyNYSE:DENPermian ResourcesNASDAQ:PRSM EnergyNYSE:SMCrescent Point EnergyNYSE:CPGView All CompetitorsInsiders & InstitutionsStephens Investment Management Group LLCBought 215,570 shares on 1/26/2023Ownership: 1.302%Comerica BankBought 16,248 shares on 1/26/2023Ownership: 0.110%Campbell Newman Asset Management Inc.Bought 2,957 shares on 1/26/2023Ownership: 0.042%Park Avenue Securities LLCSold 980 shares on 1/24/2023Ownership: 0.006%National Bank of Canada FIBought 1,825 shares on 1/24/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions MGY Stock - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MGY shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price forecast for 2023? 8 Wall Street analysts have issued twelve-month price targets for Magnolia Oil & Gas' stock. Their MGY share price forecasts range from $26.00 to $39.00. On average, they expect the company's share price to reach $31.25 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View analysts price targets for MGY or view top-rated stocks among Wall Street analysts. How have MGY shares performed in 2023? Magnolia Oil & Gas' stock was trading at $23.45 on January 1st, 2023. Since then, MGY shares have increased by 1.5% and is now trading at $23.81. View the best growth stocks for 2023 here. When is Magnolia Oil & Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023. View our MGY earnings forecast. How can I listen to Magnolia Oil & Gas' earnings call? Magnolia Oil & Gas will be holding an earnings conference call on Wednesday, February 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) released its quarterly earnings data on Tuesday, November, 1st. The company reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.18 by $0.11. The business had revenue of $482.96 million for the quarter, compared to the consensus estimate of $454.87 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 66.39% and a net margin of 48.42%. How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas? Magnolia Oil & Gas declared a quarterly dividend on Thursday, October 27th. Investors of record on Monday, November 7th will be given a dividend of $0.10 per share on Thursday, December 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, November 4th. Read our dividend analysis for MGY. Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.73%. The dividend payout ratio is 9.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 12.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGY. What other stocks do shareholders of Magnolia Oil & Gas own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Block (SQ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Occidental Petroleum (OXY), AbbVie (ABBV), AMC Entertainment (AMC), Micron Technology (MU) and What is Magnolia Oil & Gas' stock symbol? Magnolia Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGY." Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.41%), Stephens Investment Management Group LLC (1.30%), Wedge Capital Management L L P NC (0.34%), Ziegler Capital Management LLC (0.23%), Hunter Perkins Capital Management LLC (0.16%) and Comerica Bank (0.11%). Insiders that own company stock include James R Larson, John B Walker, John B Walker, Ltd Enervest, Stephen I Chazen and Stephen I Chazen. View institutional ownership trends. How do I buy shares of Magnolia Oil & Gas? Shares of MGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Magnolia Oil & Gas' stock price today? One share of MGY stock can currently be purchased for approximately $23.81. How much money does Magnolia Oil & Gas make? Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $5.15 billion and generates $1.08 billion in revenue each year. The company earns $417.28 million in net income (profit) each year or $4.33 on an earnings per share basis. How many employees does Magnolia Oil & Gas have? The company employs 192 workers across the globe. How can I contact Magnolia Oil & Gas? Magnolia Oil & Gas' mailing address is NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046. The official website for the company is www.magnoliaoilgas.com. The company can be reached via phone at (713) 842-9050 or via email at bcorales@mgyoil.com. This page (NYSE:MGY) was last updated on 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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