Top-Rated Dividend StocksTop-Rated DividendNYSE:MGY Magnolia Oil & Gas (MGY) Stock Forecast, Price & News $22.67 +0.42 (+1.89%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$22.20▼$22.7150-Day Range$20.77▼$23.7552-Week Range$18.17▼$27.57Volume1.32 million shsAverage Volume1.57 million shsMarket Capitalization$4.75 billionP/E Ratio6.53Dividend Yield2.03%Price Target$27.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnolia Oil & Gas MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside21.3% Upside$27.50 Price TargetShort InterestBearish8.17% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 14 Articles This WeekInsider TradingAcquiring Shares$23,520 Bought Last QuarterProj. Earnings Growth15.09%From $2.12 to $2.44 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.2.71 out of 5 starsOils/Energy Sector51st out of 243 stocksCrude Petroleum & Natural Gas Industry32nd out of 80 stocks 2.4 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.50, Magnolia Oil & Gas has a forecasted upside of 21.3% from its current price of $22.67.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.17% 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 8.5.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 2.84%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.07%, 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 13.26%. 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 18.85% 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 0.43. 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 0.68 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search Interest2 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 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 15.09% in the coming year, from $2.12 to $2.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 6.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 6.53, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.97.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.79. 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 (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 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGY Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comAnalysts Set Magnolia Oil & Gas Co. (NYSE:MGY) Target Price at $27.50September 22, 2023 | americanbankingnews.comZacks Research Research Analysts Lower Earnings Estimates for Magnolia Oil & Gas Co. (NYSE:MGY)September 26, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 21, 2023 | americanbankingnews.comQ3 2023 Earnings Estimate for Magnolia Oil & Gas Co. (NYSE:MGY) Issued By Zacks ResearchSeptember 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 26, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 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 RevisionsAugust 31, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Up 3.8% Since Last Earnings Report: Can It Continue?August 27, 2023 | finance.yahoo.comMagnolia Oil & Gas (NYSE:MGY) shareholders have earned a 52% CAGR over the last three yearsAugust 16, 2023 | msn.comMizuho Downgrades Magnolia Oil & Gas Corp - (MGY)August 11, 2023 | msn.comKeybanc Downgrades Magnolia Oil & Gas Corp - (MGY)August 10, 2023 | markets.businessinsider.comMagnolia Oil & Gas Downgraded: Analyst Highlights Need For Transparency Amid Rich Valuations And Asset Visibility ConcernsAugust 10, 2023 | msn.comMagnolia (MGY) Q2 Earnings Fall Y/Y, Revenues Miss EstimatesAugust 7, 2023 | markets.businessinsider.comMagnolia Oil & Gas (MGY) Receives a Rating Update from a Top AnalystAugust 5, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | msn.comMagnolia Oil & Gas Has A New Sheriff In TownAugust 4, 2023 | benzinga.comMagnolia Oil & Gas's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowAugust 3, 2023 | finance.yahoo.comQ2 2023 Magnolia Oil & Gas Corp Earnings CallAugust 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Reports Q2 Earnings: What Key Metrics Have to SayAugust 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces Second Quarter 2023 ResultsJuly 31, 2023 | benzinga.comMagnolia Oil & Gas's Earnings OutlookSee 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 MGY Company Calendar Last Earnings8/01/2023Ex-Dividend for 9/1 Dividend8/09/2023Dividend Payable9/01/2023Today9/26/2023Next Earnings (Estimated)11/07/2023Fiscal 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/AEmployees213Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.50 High Stock Price Forecast$30.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+21.3%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.47 Trailing P/E Ratio6.53 Forward P/E Ratio10.69 P/E GrowthN/ANet Income$893.84 million Net Margins46.81% Pretax Margin53.36% Return on Equity35.63% Return on Assets24.14% Debt Debt-to-Equity Ratio0.22 Current Ratio3.10 Quick Ratio3.10 Sales & Book Value Annual Sales$1.69 billion Price / Sales2.81 Cash Flow$5.11 per share Price / Cash Flow4.44 Book Value$8.14 per share Price / Book2.79Miscellaneous Outstanding Shares209,730,000Free Float207,213,000Market Cap$4.75 billion OptionableOptionable Beta2.11 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Christopher G. Stavros (Age 60)Pres, CEO & Director Comp: $1.66MMr. Brian Michael Corales CPA (Age 43)Sr. VP, CFO and Principal Accounting & Financial Officer Comp: $708.74kMr. Steve F. Millican (Age 47)Sr. VP of Operations Comp: $792.84kMr. Timothy D. Yang (Age 51)Exec. VP, Gen. Counsel, Corp. Sec. & Land Comp: $1.17MJim JohnsonVP of Fin., IR & TreasurerKey CompetitorsSM EnergyNYSE:SMCrescent Point EnergyNYSE:CPGCalifornia ResourcesNYSE:CRCBlack Stone MineralsNYSE:BSMNorthern Oil and GasNYSE:NOGView All CompetitorsInsiders & InstitutionsBarclays PLCBought 15,506 shares on 9/21/2023Ownership: 0.112%James R LarsonBought 1,000 shares on 9/12/2023Total: $23,520.00 ($23.52/share)Comerica BankBought 218,984 shares on 8/22/2023Ownership: 0.104%California State Teachers Retirement SystemBought 8,453 shares on 8/21/2023Ownership: 0.106%Osaic Holdings Inc.Sold 4,029 shares on 8/21/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions MGY Stock - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 1 hold rating and 5 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 forecast for 2023? 6 brokers have issued 12-month price objectives for Magnolia Oil & Gas' stock. Their MGY share price forecasts range from $22.00 to $30.00. On average, they anticipate the company's share price to reach $27.50 in the next twelve months. This suggests a possible upside of 21.3% 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 shares have decreased by 3.3% and is now trading at $22.67. 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, November 7th 2023. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) issued its quarterly earnings data on Tuesday, August, 1st. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The business had revenue of $280.29 million for the quarter, compared to the consensus estimate of $291.74 million. Magnolia Oil & Gas had a net margin of 46.81% and a trailing twelve-month return on equity of 35.63%. How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas? Magnolia Oil & Gas announced a quarterly dividend on Monday, July 31st. Stockholders of record on Thursday, August 10th will be paid a dividend of $0.115 per share on Friday, September 1st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Wednesday, August 9th. 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 Rising Dividend Achievers ETF (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). 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 2.07%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 18.85% 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.58%), Alliancebernstein L.P. (3.23%), State Street Corp (3.05%), Victory Capital Management Inc. (2.86%), Silvercrest Asset Management Group LLC (2.16%) and Geode Capital Management LLC (1.60%). 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 $22.67. How much money does Magnolia Oil & Gas make? Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $4.75 billion and generates $1.69 billion in revenue each year. The company earns $893.84 million in net income (profit) each year or $3.47 on an earnings per share basis. How many employees does Magnolia Oil & Gas have? The company employs 213 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 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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