NYSE:MGY Magnolia Oil & Gas 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. $21.05 +0.06 (+0.29%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$20.31▼$21.4750-Day Range$20.99▼$29.7352-Week Range$12.79▼$30.31Volume2.82 million shsAverage Volume2.14 million shsMarket Capitalization$4.69 billionP/E Ratio7.33Dividend Yield1.91%Price Target$25.95 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnolia Oil & Gas Stock Forecast (MarketRank)Analyst RatingModerate Buy2.55 Rating ScoreUpside/Downside23.3% Upside$25.95 Price TargetShort InterestHealthy8.39% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.07Based on 2 Articles This WeekInsider TradingSelling Shares$202.58 M Sold Last QuarterProj. Earnings Growth-4.21%From $4.51 to $4.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.65 out of 5 starsOils/Energy Sector180th out of 391 stocksCrude Petroleum & Natural Gas Industry62nd out of 127 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 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.95, Magnolia Oil & Gas has a forecasted upside of 23.3% from its current price of $21.05.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.39% 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 6.4.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 11.17%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 1.91%, 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 13.94%. 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 9.26% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MGY. Previous Next 1.1 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of -0.07. 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 0.55 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Magnolia Oil & Gas this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% 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 $202,575,000.00 in company stock.Percentage Held by InsidersOnly 4.80% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions96.86% 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 -4.21% in the coming year, from $4.51 to $4.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 7.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 61.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 7.33, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.81.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 4.61. 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 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 About Magnolia Oil & Gas (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 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 MGY Stock News HeadlinesJuly 2, 2022 | finance.yahoo.comWhile Big Stock Sales and IPOs Stall, Energy Investors Are Making HayJune 27, 2022 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) Receives $25.95 Consensus Target Price from AnalystsJune 21, 2022 | finance.yahoo.comWhy Magnolia Oil & Gas Corp (MGY) is a Top Growth Stock for the Long-TermJune 21, 2022 | finance.yahoo.comHere’s What Makes Magnolia Oil (MGY) a Great InvestmentJune 20, 2022 | finance.yahoo.comMagnolia Oil & Gas Sees Big MoneyJune 16, 2022 | finance.yahoo.comDoes Magnolia Oil & Gas (NYSE:MGY) Deserve A Spot On Your Watchlist?June 15, 2022 | finance.yahoo.comContinental Resources (CLR) Moves 15.1% Higher: Will This Strength Last?June 14, 2022 | finance.yahoo.comHere's Why Magnolia Oil & Gas Corp (MGY) is a Great Momentum Stock to BuyJune 8, 2022 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Dips More Than Broader Markets: What You Should KnowJune 8, 2022 | americanbankingnews.comReviewing Triangle Petroleum (OTCMKTS:TPLM) & Magnolia Oil & Gas (NYSE:MGY)June 7, 2022 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) Director Ltd. Enervest Sells 7,500,000 Shares of StockJune 3, 2022 | finance.yahoo.comPDC Energy (PDCE) Declares Revised Guidance for Full-Year 2022June 3, 2022 | seekingalpha.comMagnolia Oil & Gas (MGY) Investor Presentation - SlideshowJune 2, 2022 | seekingalpha.comMagnolia Oil slides after EnerVest affiliates offer 7.5M sharesJune 2, 2022 | finance.yahoo.comPricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia; Magnolia Agreement to Purchase 2,000,000 Shares of Class B Common Stock from EnerVestJune 1, 2022 | finance.yahoo.comEnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia; Magnolia Intention to Purchase 2,000,000 Shares of Class B Common Stock from EnerVestJune 1, 2022 | finance.yahoo.comThe Trend Of High Returns At Magnolia Oil & Gas (NYSE:MGY) Has Us Very InterestedMay 31, 2022 | finance.yahoo.comHere's Why Magnolia Oil & Gas Corp (MGY) is a Strong Momentum StockMay 18, 2022 | finance.yahoo.comInsiders saw their US$706k investment bump up to US$1.2m after Magnolia Oil & Gas Corporation (NYSE:MGY) soared 10% last weekMay 11, 2022 | finance.yahoo.comMagnolia (MGY) Q1 Earnings Meet Estimates, Revenues BeatMay 10, 2022 | seekingalpha.comMagnolia Oil & Gas Corp (MGY) CEO Stephen Chazen on Q1 2022 Results - Earnings Call TranscriptMay 9, 2022 | seekingalpha.comMagnolia Oil & Gas Q1 2022 Earnings PreviewMay 8, 2022 | seekingalpha.comMagnolia Oil & Gas Q1 consensus EPS, revenue estimates upMay 4, 2022 | finance.yahoo.comMagnolia Oil & Gas (NYSE:MGY) shareholder returns have been impressive, earning 117% in 1 yearMay 2, 2022 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseSee More Headlines Industry, 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/ACompany Calendar Last Earnings5/09/2022Today7/02/2022Next Earnings (Estimated)8/01/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$25.95 High Stock Price Forecast$35.00 Low Stock Price Forecast$15.50 Forecasted Upside/Downside+23.3%Consensus RatingModerate Buy Rating Score (0-4)2.54545454545455 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.87 Trailing P/E Ratio7.33 Forward P/E Ratio4.67 P/E GrowthN/ANet Income$417.28 million Net Margins41.80% Pretax Margin56.53% Return on Equity55.08% Return on Assets32.14% Debt Debt-to-Equity Ratio0.36 Current Ratio2.22 Quick Ratio2.22 Sales & Book Value Annual Sales$1.08 billion Price / Sales4.35 Cash Flow$2.74 per share Price / Cash Flow7.69 Book Value$4.57 per share Price / Book4.61Miscellaneous Outstanding Shares223,033,000Free Float212,327,000Market Cap$4.69 billion OptionableOptionable Beta2.11 Magnolia Oil & Gas Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Magnolia Oil & Gas stock. View analyst ratings for Magnolia Oil & Gas or view top-rated stocks. What is Magnolia Oil & Gas' stock price forecast for 2022? 11 brokerages have issued twelve-month target prices for Magnolia Oil & Gas' stock. Their MGY stock forecasts range from $15.50 to $35.00. On average, they predict Magnolia Oil & Gas' stock price to reach $25.95 in the next year. This suggests a possible upside of 23.3% from the stock's current price. View analysts' price targets for Magnolia Oil & Gas or view top-rated stocks among Wall Street analysts. How has Magnolia Oil & Gas' stock price performed in 2022? Magnolia Oil & Gas' stock was trading at $18.87 on January 1st, 2022. Since then, MGY shares have increased by 11.6% and is now trading at $21.05. View the best growth stocks for 2022 here. When is Magnolia Oil & Gas' next earnings date? Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022. View our earnings forecast for Magnolia Oil & Gas. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) released its earnings results on Monday, May, 9th. The company reported $0.90 earnings per share for the quarter, meeting analysts' consensus estimates of $0.90. The firm had revenue of $377.84 million for the quarter, compared to analyst estimates of $374.63 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 55.08% and a net margin of 41.80%. Magnolia Oil & Gas's revenue was up 80.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. View Magnolia Oil & Gas' earnings history. How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas? Magnolia Oil & Gas declared a semi-annual dividend on Friday, February 4th. Stockholders of record on Monday, February 14th will be paid a dividend of $0.20 per share on Tuesday, March 1st. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, February 11th. This is a positive change from Magnolia Oil & Gas's previous semi-annual dividend of $0.08. View Magnolia Oil & Gas' dividend history. 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 1.91%. Magnolia Oil & Gas does not yet have a strong track record of dividend growth. The dividend payout ratio of Magnolia Oil & Gas is 13.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Magnolia Oil & Gas will have a dividend payout ratio of 9.26% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend. View Magnolia Oil & Gas' dividend history. Who are Magnolia Oil & Gas' key executives? Magnolia Oil & Gas' management team includes the following people: Mr. Stephen I. Chazen, Pres, Chairman & CEO (Age 75, Pay $349.16k)Mr. Christopher G. Stavros, CFO & Exec. VP (Age 59, Pay $1.21M)Mr. Steve F. Millican, Sr. VP of Operations (Age 46, Pay $741.89k)Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $1.05M)Mr. Brian Michael Corales CPA, VP of Investor Relations Who are some of Magnolia Oil & Gas' key competitors? Some companies that are related to Magnolia Oil & Gas include Marathon Oil (MRO), Sasol (SSL), Gulfport Energy (GPORQ), EQT (EQT), APA (APA), Ovintiv (OVV), Chesapeake Energy (CHK), Antero Resources (AR), Toray Industries (TRYIY), Galp Energia, SGPS (GLPEY), ARC Resources (AETUF), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE) and Matador Resources (MTDR). View all of MGY's competitors. 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 Square (SQ), Wells Fargo (WFC), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Occidental Petroleum (OXY), AbbVie (ABBV), AMC Entertainment (AMC), Micron Technology (MU) and (NCLH). What is Magnolia Oil & Gas' stock symbol? Magnolia Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGY." How do I buy shares of Magnolia Oil & Gas? Shares of MGY 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 $21.05. How much money does Magnolia Oil & Gas make? Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $4.69 billion and generates $1.08 billion in revenue each year. The company earns $417.28 million in net income (profit) each year or $2.87 on an earnings per share basis. How many employees does Magnolia Oil & Gas have? Magnolia Oil & Gas 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 Magnolia Oil & Gas is www.magnoliaoilgas.com. The company can be reached via phone at (713) 842-9050 or via email at bcorales@mgyoil.com. 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