Top-Rated Stocks 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. $21.20 -0.10 (-0.47%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$21.09▼$21.5850-Day Range$19.34▼$24.0552-Week Range$18.01▼$30.31Volume1.95 million shsAverage Volume2.12 million shsMarket Capitalization$4.53 billionP/E Ratio4.50Dividend Yield2.17%Price Target$30.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnolia Oil & Gas MarketRank™ ForecastAnalyst RatingModerate Buy2.90 Rating ScoreUpside/Downside44.7% Upside$30.67 Price TargetShort InterestBearish8.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth2.90%From $2.76 to $2.84 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 Sector100th out of 247 stocksCrude Petroleum & Natural Gas Industry43rd out of 80 stocks 3.5 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.67, Magnolia Oil & Gas has a forecasted upside of 44.7% from its current price of $21.20.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.21% 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 7.2.Change versus previous monthShort interest in Magnolia Oil & Gas has recently increased by 16.16%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.23%, 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 9.77%. 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 16.20% 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 2.7 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.93. 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 0.42 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 16 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat Follows7 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 2.90% in the coming year, from $2.76 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 4.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 4.50, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 64.75.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.60. 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 Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.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 HeadlinesMarch 24, 2023 | msn.comWhat 5 Analyst Ratings Have To Say About Magnolia Oil & GasMarch 20, 2023 | finance.yahoo.comThe total return for Magnolia Oil & Gas (NYSE:MGY) investors has risen faster than earnings growth over the last three yearsMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 16, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Down 14.4% Since Last Earnings Report: Can It Rebound?March 1, 2023 | benzinga.comMagnolia Oil & Gas Stock (NYSE:MGY), Short Interest ReportFebruary 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Devon Energy (DVN) and Magnolia Oil & Gas (MGY)February 17, 2023 | finance.yahoo.comDo Options Traders Know Something About Magnolia (MGY) Stock We Don't?February 16, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q4 2022 Earnings Call TranscriptMarch 29, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. 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February 14, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q4 Earnings Surpass EstimatesFebruary 14, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces 2022 Fourth Quarter and Year-End ResultsFebruary 1, 2023 | msn.com3 big dividend hikes: Magnolia Oil & Gas, Oshkosh, ShutterstockJanuary 31, 2023 | finance.yahoo.comMagnolia Oil & Gas Increases Quarterly Dividend 15 PercentJanuary 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)?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 CORPORATIONSee 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 Ex-Dividend for 3/1 Dividend2/09/2023Last Earnings2/14/2023Dividend Payable3/01/2023Today3/29/2023Next Earnings (Estimated)5/08/2023Fiscal 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$30.67 High Stock Price Forecast$39.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+44.7%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.71 Trailing P/E Ratio4.50 Forward P/E Ratio7.68 P/E GrowthN/ANet Income$893.84 million Net Margins52.75% Pretax Margin62.37% Return on Equity59.22% Return on Assets37.55% Debt Debt-to-Equity Ratio0.22 Current Ratio2.50 Quick Ratio2.50 Sales & Book Value Annual Sales$1.69 billion Price / Sales2.68 Cash Flow$5.13 per share Price / Cash Flow4.13 Book Value$8.14 per share Price / Book2.60Miscellaneous Outstanding Shares213,890,000Free Float203,623,000Market Cap$4.53 billion OptionableOptionable Beta2.14 Key ExecutivesChristopher G. StavrosPresident, Chief Executive Officer & DirectorSteve F. MillicanSenior Vice President-OperationsBrian CoralesSenior VP, Chief Financial & Accounting OfficerTimothy D. YangSecretary, Executive VP-Land & General CounselKey CompetitorsViper Energy PartnersNASDAQ:VNOMDenburyNYSE:DENCrescent Point EnergyNYSE:CPGChord EnergyNASDAQ:CHRDPDC EnergyNASDAQ:PDCEView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 1,477 shares on 2/28/2023Ownership: 0.030%NatixisBought 12,000 shares on 2/24/2023Ownership: 0.006%Teachers Retirement System of The State of KentuckyBought 2,374 shares on 2/22/2023Ownership: 0.058%Macquarie Group Ltd.Bought 538,219 shares on 2/21/2023Ownership: 2.842%State of WyomingSold 604 shares on 2/16/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions MGY Stock - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 10 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 9 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? 10 brokerages have issued twelve-month price objectives for Magnolia Oil & Gas' shares. Their MGY share price forecasts range from $26.00 to $39.00. On average, they expect the company's stock price to reach $30.67 in the next year. This suggests a possible upside of 44.7% 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 shares have decreased by 9.6% and is now trading at $21.20. 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 Monday, May 8th 2023. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) posted its earnings results on Tuesday, February, 14th. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.10. The firm earned $349.04 million during the quarter, compared to analyst estimates of $351.53 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 59.22% and a net margin of 52.75%. 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 Tuesday, January 31st. Investors of record on Friday, February 10th will be paid a dividend of $0.115 per share on Wednesday, March 1st. This represents a $0.46 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.10. 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 Changebridge Select Equity ETF (CBSE), Changebridge Long/Short Equity ETF (CBLS), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Alpha Architect U.S. Quantitative Value ETF (QVAL), First Trust Natural Gas ETF (FCG), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and WisdomTree U.S. Value Fund (WTV). 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 2.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 16.20% 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 Norwegian Cruise Line (NCLH). 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 shareholders include T. Rowe Price Investment Management Inc. (7.27%), Alliancebernstein L.P. (4.89%), Macquarie Group Ltd. (2.84%), Price T Rowe Associates Inc. MD (2.83%), Silvercrest Asset Management Group LLC (2.25%) and Victory Capital Management Inc. (2.27%). Insiders that own company stock include 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 $21.20. How much money does Magnolia Oil & Gas make? Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $4.53 billion and generates $1.69 billion in revenue each year. The company earns $893.84 million in net income (profit) each year or $4.71 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 3/29/2023 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. 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