NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis $26.60 +0.53 (+2.03%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$25.94▼$26.6350-Day Range$23.84▼$27.2552-Week Range$19.16▼$27.62Volume2.79 million shsAverage Volume1.82 million shsMarket Capitalization$5.39 billionP/E Ratio13.23Dividend Yield1.95%Price Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Magnolia Oil & Gas alerts: Email Address Magnolia Oil & Gas MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside9.0% Upside$29.00 Price TargetShort InterestBearish17.25% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 16 Articles This WeekInsider TradingSelling Shares$306.96 M Sold Last QuarterProj. Earnings Growth8.64%From $2.20 to $2.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.09 out of 5 starsOils/Energy Sector132nd out of 248 stocksCrude Petroleum & Natural Gas Industry50th out of 80 stocks 2.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageMagnolia Oil & Gas has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Magnolia Oil & Gas' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.25% 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 13.6, which indicates bearish sentiment.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 1.60%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 1.99%, 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 25.87%. 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 21.76% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.Read more about Magnolia Oil & Gas' 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 1.9 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Magnolia Oil & Gas this week, compared to 5 articles on an average week.MarketBeat FollowsOnly 1 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 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $306,960,000.00 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.Read more about Magnolia Oil & Gas' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 8.64% in the coming year, from $2.20 to $2.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 13.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 13.23, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.19.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Magnolia Oil & Gas' valuation and earnings. 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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 HeadlinesJuly 26 at 4:12 AM | americanbankingnews.comViking Energy Group (OTCMKTS:VKIN) & Magnolia Oil & Gas (NYSE:MGY) Financial ComparisonJuly 25 at 3:48 AM | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) PT Raised to $29.00 at Bank of AmericaJuly 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 23, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Price Target Raised to $33.00 at SusquehannaJuly 22, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Price Target Cut to $34.00 by Analysts at Truist FinancialJuly 21, 2024 | americanbankingnews.comWolfe Research Begins Coverage on Magnolia Oil & Gas (NYSE:MGY)July 21, 2024 | americanbankingnews.comBrokerages Set Magnolia Oil & Gas Co. (NYSE:MGY) Target Price at $28.11July 20, 2024 | americanbankingnews.comMagnolia Oil & Gas' (MGY) Hold Rating Reaffirmed at BenchmarkJuly 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 19, 2024 | markets.businessinsider.comBenchmark Co. Keeps Their Hold Rating on Magnolia Oil & Gas (MGY)July 19, 2024 | msn.comWolfe Research Initiates Coverage of Magnolia Oil & Gas (MGY) with Outperform RecommendationJuly 17, 2024 | americanbankingnews.comHead to Head Contrast: Magnolia Oil & Gas (NYSE:MGY) versus Mexco Energy (NYSE:MXC)June 10, 2024 | businesswire.comGlancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas CorporationMay 31, 2024 | seekingalpha.comMagnolia Oil & Gas: Returns About To Shift Into High GearMay 31, 2024 | investorplace.com7 Oil Stocks to Watch as Middle East Politics Take Center StageMay 29, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Magnolia Oil & Gas (MGY)May 29, 2024 | seekingalpha.comMagnolia Oil & Gas: Working To Reduce LOE After Solid Q1 2024 ResultsMay 14, 2024 | businesswire.comEnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVestSee 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 Last Earnings5/07/2024Ex-Dividend for 6/3 Dividend5/10/2024Dividend Payable6/03/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees210Year FoundedN/APrice Target and Rating Average Stock Price Target$29.00 High Stock Price Target$34.00 Low Stock Price Target$22.00 Potential Upside/Downside+9.0%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio13.23 Forward P/E Ratio12.09 P/E Growth0.95Net Income$388.30 million Net Margins30.46% Pretax Margin43.74% Return on Equity20.41% Return on Assets14.07% Debt Debt-to-Equity Ratio0.21 Current Ratio1.71 Quick Ratio1.71 Sales & Book Value Annual Sales$1.23 billion Price / Sales4.40 Cash Flow$3.63 per share Price / Cash Flow7.32 Book Value$9.18 per share Price / Book2.90Miscellaneous Outstanding Shares202,760,000Free Float200,325,000Market Cap$5.39 billion OptionableOptionable Beta2.02 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Christopher G. Stavros (Age 61)President, CEO & Director Comp: $1.76MMr. Brian Michael Corales CPA (Age 44)Senior VP, CFO and Principal Accounting & Financial Officer Comp: $796.87kMr. Steve F. Millican (Age 48)Senior Vice President of Operations Comp: $802.95kMr. Timothy D. Yang (Age 52)Executive Vice President, General Counsel, Corporate Secretary & Land Comp: $1.14MJim JohnsonVice President of Finance, IR & TreasurerKey CompetitorsCoterra EnergyNYSE:CTRAWoodside Energy GroupNYSE:WDSPermian ResourcesNASDAQ:PRChesapeake EnergyNASDAQ:CHKHess MidstreamNYSE:HESMView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 172,612 shares on 7/26/2024Ownership: 1.485%Bank of New York Mellon CorpBought 36,018 shares on 7/26/2024Ownership: 0.975%Legato Capital Management LLCBought 9,627 shares on 7/26/2024Ownership: 0.005%Bailard Inc.Bought 8,500 shares on 7/26/2024Ownership: 0.004%Raymond James Trust N.A.Sold 1,320 shares on 7/25/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions How have MGY shares performed this year? Magnolia Oil & Gas' stock was trading at $21.29 at the beginning of the year. Since then, MGY shares have increased by 24.9% and is now trading at $26.60. View the best growth stocks for 2024 here. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) posted its earnings results on Tuesday, May, 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.05. The business had revenue of $319.42 million for the quarter, compared to the consensus estimate of $308.21 million. Magnolia Oil & Gas had a net margin of 30.46% and a trailing twelve-month return on equity of 20.41%. Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' top institutional shareholders include Allspring Global Investments Holdings LLC (1.49%), Boston Trust Walden Corp (1.33%), Bank of New York Mellon Corp (0.97%) and Raymond James & Associates (0.27%). Insiders that own company stock include Ltd Enervest, John B Walker, James R Larson 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Magnolia Oil & Gas own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and AbbVie (ABBV). This page (NYSE:MGY) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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