Magnolia Oil & Gas Stock Price, News & Analysis (NYSE:MGY) $21.92 +0.27 (+1.25%) (As of 12:09 PM ET) Add Compare Share Share Today's Range$21.50▼$22.0450-Day Range$20.93▼$23.6452-Week Range$18.72▼$26.78Volume959,756 shsAverage Volume1.96 million shsMarket Capitalization$4.54 billionP/E Ratio8.06Dividend Yield2.10%Price Target$26.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Magnolia Oil & Gas MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside21.7% Upside$26.67 Price TargetShort InterestBearish8.81% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$23,520 Bought Last QuarterProj. Earnings Growth19.72%From $2.18 to $2.61 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.2.44 out of 5 starsOils/Energy Sector99th out of 234 stocksCrude Petroleum & Natural Gas Industry43rd out of 72 stocks 2.3 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.67, Magnolia Oil & Gas has a forecasted upside of 21.7% from its current price of $21.92.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted8.81% of the outstanding shares of Magnolia Oil & Gas have been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.Change versus previous monthShort interest in Magnolia Oil & Gas has recently increased by 4.70%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.15%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagnolia Oil & Gas has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Magnolia Oil & Gas is 16.91%. 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 17.62% 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 3.0 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 1.37. 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 higher news sentiment than the 0.61 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Magnolia Oil & Gas this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows2 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have bought more of their company's stock than they have sold. Specifically, they have bought $23,520.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions94.73% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 19.72% in the coming year, from $2.18 to $2.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 8.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 8.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.24.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Magnolia Oil & Gas Stock (NYSE:MGY)Magnolia 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 area in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.Read More MGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGY Stock News HeadlinesNovember 23, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation's (NYSE:MGY) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?November 19, 2023 | americanbankingnews.comWells Fargo & Company Begins Coverage on Magnolia Oil & Gas (NYSE:MGY)November 28, 2023 | Edge On The Street (Ad)Americans Now Favor Gold Over Stocks as an Investment VehicleAmericans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges. November 17, 2023 | seekingalpha.comMagnolia Oil & Gas Continues To Grow Production With A Low Reinvestment RateNovember 7, 2023 | finance.yahoo.comMagnolia (MGY) Q3 Earnings Beat Estimates, Revenues In LineNovember 3, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | benzinga.comTuesday Is Your Last Chance To Buy Magnolia Oil & Gas Before The Dividend PayoutNovember 3, 2023 | finance.yahoo.comQ3 2023 Magnolia Oil & Gas Corp Earnings CallNovember 28, 2023 | Edge On The Street (Ad)Americans Now Favor Gold Over Stocks as an Investment VehicleAmericans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges. November 3, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Looks Interesting, And It's About To Pay A DividendNovember 2, 2023 | seekingalpha.comMagnolia Oil & Gas Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 1, 2023 | marketwatch.comMagnolia Oil & Gas Sees 2023 Organic Production Growth -- Energy CommentNovember 1, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Magnolia Oil & Gas Corp (MGY) Q3 EarningsNovember 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Reports Q3 2023 Earnings: Net Income Drops by 59%November 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces Third Quarter 2023 ResultsOctober 31, 2023 | benzinga.comA Preview Of Magnolia Oil & Gas's EarningsOctober 30, 2023 | msn.comMagnolia Oil & Gas declares $0.115 dividendOctober 25, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 ReleaseOctober 4, 2023 | finance.yahoo.comMagnolia Oil & Gas Schedules Conference Call for Third Quarter 2023 ResultsSeptember 14, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Magnolia Oil & Gas (MGY) and Dragonfly Energy Holdings Corp (DFLI)September 14, 2023 | finance.yahoo.comDirector James Larson Buys 1,000 Shares of Magnolia Oil & Gas CorpSeptember 8, 2023 | msn.comMizuho Maintains Magnolia Oil & Gas Corp - (MGY) Neutral RecommendationSeptember 6, 2023 | finance.yahoo.comMagnolia Oil & Gas to acquire more Giddings Field assets with $300M acquisitionSeptember 6, 2023 | finance.yahoo.comMagnolia Oil & Gas (MGY) to Acquire Giddings Assets for $300MSeptember 5, 2023 | msn.comMagnolia Oil & Gas Announces Rare Producing Acreage Bolt On In GiddingsSeptember 5, 2023 | finance.yahoo.comMagnolia Oil & Gas Announces Bolt-On Asset Acquisition in GiddingsSeptember 3, 2023 | msn.comMagnolia Oil & Gas: Increased Value After Positive Guidance RevisionsSee More Headlines 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 Company Calendar Ex-Dividend for 9/1 Dividend8/09/2023Dividend Payable9/01/2023Last Earnings11/01/2023Ex-Dividend for 12/1 Dividend11/08/2023Today11/28/2023Dividend Payable12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/13/2024Get 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/AEmployees213Year FoundedN/APrice Target and Rating Average Stock Price Target$26.67 High Stock Price Target$29.00 Low Stock Price Target$23.00 Potential Upside/Downside+23.2%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.72 Trailing P/E Ratio7.96 Forward P/E Ratio9.93 P/E GrowthN/ANet Income$893.84 million Net Margins41.62% Pretax Margin47.91% Return on Equity25.75% Return on Assets17.79% Debt Debt-to-Equity Ratio0.21 Current Ratio2.65 Quick Ratio2.65 Sales & Book Value Annual Sales$1.69 billion Price / Sales2.65 Cash Flow$5.01 per share Price / Cash Flow4.32 Book Value$8.14 per share Price / Book2.66Miscellaneous Outstanding Shares207,050,000Free Float204,565,000Market Cap$4.48 billion OptionableOptionable Beta2.06 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Christopher G. Stavros (Age 60)President, CEO & Director Comp: $1.66MMr. Brian Michael Corales CPA (Age 43)Senior VP, CFO and Principal Accounting & Financial Officer Comp: $708.74kMr. Steve F. Millican (Age 47)Senior Vice President of Operations Comp: $792.84kMr. Timothy D. Yang (Age 51)Executive Vice President, General Counsel, Corporate Secretary & Land Comp: $1.17MJim JohnsonVice President of Finance, IR & TreasurerKey CompetitorsSM EnergyNYSE:SMViper Energy PartnersNASDAQ:VNOMCrescent Point EnergyNYSE:CPGBlack Stone MineralsNYSE:BSMCNX ResourcesNYSE:CNXView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 93,146 shares on 11/24/2023Ownership: 0.067%Comerica BankSold 103,047 shares on 11/21/2023Ownership: 0.056%Walleye Trading LLCBought 24,600 shares on 11/21/2023Ownership: 0.000%Walleye Capital LLCBought 15,500 shares on 11/21/2023Ownership: 0.000%TimesSquare Capital Management LLCSold 181,600 shares on 11/17/2023Ownership: 0.388%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MGY shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price target for 2024? 7 brokers have issued 1 year target prices for Magnolia Oil & Gas' shares. Their MGY share price targets range from $23.00 to $29.00. On average, they expect the company's share price to reach $26.67 in the next year. This suggests a possible upside of 21.7% 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 at the beginning of the year. Since then, MGY stock has decreased by 6.5% and is now trading at $21.92. 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 13th 2024. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) posted its quarterly earnings data on Wednesday, November, 1st. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The company had revenue of $315.68 million for the quarter, compared to the consensus estimate of $318.30 million. Magnolia Oil & Gas had a net margin of 41.62% and a trailing twelve-month return on equity of 25.75%. Magnolia Oil & Gas's quarterly revenue was down 34.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.29 EPS. 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 Monday, October 30th. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.115 per share on Friday, December 1st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, November 8th. Read our dividend analysis for MGY. Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.46 per share and currently has a dividend yield of 2.15%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 17.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGY. What ETFs hold Magnolia Oil & Gas' stock? ETFs with the largest weight of Magnolia Oil & Gas (NYSE:MGY) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Distillate Small/Mid Cash Flow ETF (DSMC). 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 Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (2.88%), Loomis Sayles & Co. L P (1.35%), Allspring Global Investments Holdings LLC (1.32%), FMR LLC (1.12%), Morgan Stanley (1.07%) and The Manufacturers Life Insurance Company (0.91%). Insiders that own company stock include James R Larson, John B Walker, John B Walker, Ltd Enervest 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. This page (NYSE:MGY) was last updated on 11/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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