NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis → (Free Workshop) Advanced “bug-out bag” hacks! (From Warrior Life) (Ad) Free mgy Stock Alerts $23.84 -0.36 (-1.49%) (As of 06/14/2024 08:51 PM ET) Add Compare Share Share Today's Range$23.73▼$24.1650-Day Range$23.84▼$26.8252-Week Range$19.16▼$27.33Volume2.40 million shsAverage Volume2.94 million shsMarket Capitalization$4.83 billionP/E Ratio11.86Dividend Yield2.18%Price Target$28.11 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 RatingHold2.40 Rating ScoreUpside/Downside17.9% Upside$28.11 Price TargetShort InterestBearish17.68% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.15Based on 17 Articles This WeekInsider TradingSelling Shares$306.96 M Sold Last QuarterProj. Earnings Growth4.89%From $2.25 to $2.36 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.3.13 out of 5 starsOils/Energy Sector131st out of 235 stocksCrude Petroleum & Natural Gas Industry45th out of 75 stocks 3.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageMagnolia Oil & Gas has been the subject of 9 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 Shorted17.68% 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 10.1, which indicates bearish sentiment.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 2.56%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.18%, 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 22.03% 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 2.9 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 1.15. 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 0.87 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search InterestOnly 1 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 FollowsOnly 1 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 1.40% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 4.89% in the coming year, from $2.25 to $2.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 11.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 11.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.56.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.33. PEG Ratios above 1 indicate that a company could be overvalued.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.Read more about Magnolia Oil & Gas' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Warrior Life(Free Workshop) Advanced “bug-out bag” hacks!“Do you have a ‘bug-out bag’ (survival kit) ready to grab-and-go when a disaster or other crisis strikes?” Most citizens don’t… but according to my friend (and best-selling survival author), Jeff, even the hardcore “preppers” who cherish their bug-out bags are doing it all wrong!All the details are right here… About Magnolia Oil & Gas Stock (NYSE:MGY)Magnolia Oil & Gas Corporation, an independent oil and natural gas company, 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 HeadlinesJune 17 at 1:24 AM | americanbankingnews.comMagnolia Oil & Gas Co. to Post Q2 2024 Earnings of $0.48 Per Share, Seaport Res Ptn Forecasts (NYSE:MGY)June 14 at 1:03 AM | americanbankingnews.comMagnolia Oil & Gas Co. Expected to Earn Q2 2024 Earnings of $0.56 Per Share (NYSE:MGY)June 12, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Receives New Coverage from Analysts at Capital One FinancialJune 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 EnerVestMay 13, 2024 | markets.businessinsider.comCracking The Code: Understanding Analyst Reviews For Magnolia Oil & GasMay 12, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Magnolia Oil & Gas Corporation (NYSE:MGY) After Its First-Quarter ReportMay 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q1 2024 Earnings Call TranscriptMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Magnolia Oil & Gas (MGY) and HF Sinclair Corporation (DINO)May 9, 2024 | finance.yahoo.comMagnolia Oil & Gas First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...May 8, 2024 | investorplace.comMGY Stock Earnings: Magnolia Oil & Gas Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings: Aligns with EPS Projections Amidst ...May 7, 2024 | businesswire.comMagnolia Oil & Gas Corporation Announces First Quarter 2024 ResultsMay 5, 2024 | finance.yahoo.comBe Sure To Check Out Magnolia Oil & Gas Corporation (NYSE:MGY) Before It Goes Ex-DividendMay 2, 2024 | businesswire.comMagnolia Oil & Gas Announces Quarterly DividendMay 1, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation's (NYSE:MGY) Stock Is Going Strong: Is the Market Following Fundamentals?April 21, 2024 | msn.comPiper Sandler Downgrades Magnolia Oil & Gas (MGY)April 15, 2024 | markets.businessinsider.comForecasting The Future: 6 Analyst Projections For Magnolia Oil & GasApril 11, 2024 | edition.cnn.comChampionX CorporationApril 8, 2024 | businesswire.comMagnolia Oil & Gas Schedules Conference Call for First Quarter 2024 ResultsSee 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 Payable6/03/2024Today6/17/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees247Year FoundedN/APrice Target and Rating Average Stock Price Target$28.11 High Stock Price Target$35.00 Low Stock Price Target$22.00 Potential Upside/Downside+17.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio11.86 Forward P/E Ratio10.60 P/E Growth1.33Net 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 / Sales3.94 Cash Flow$3.50 per share Price / Cash Flow6.82 Book Value$9.18 per share Price / Book2.60Miscellaneous Outstanding Shares202,760,000Free Float199,919,000Market Cap$4.83 billion OptionableOptionable Beta2.00 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 CompetitorsWoodside Energy GroupNYSE:WDSEQTNYSE:EQTMarathon OilNYSE:MROOvintivNYSE:OVVPermian ResourcesNASDAQ:PRView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckySold 54,309 shares on 5/28/2024Ownership: 0.031%Virtu Financial LLCBought 90,733 shares on 5/20/2024Ownership: 0.045%Comerica BankBought 48,228 shares on 5/17/2024Ownership: 0.084%Tidal Investments LLCBought 21,828 shares on 5/17/2024Ownership: 0.011%Walleye Trading LLCSold 16,000 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MGY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGY, but not buy additional shares or sell existing shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price target for 2024? 10 brokers have issued 1-year price objectives for Magnolia Oil & Gas' shares. Their MGY share price targets range from $22.00 to $35.00. On average, they expect the company's stock price to reach $28.11 in the next year. This suggests a possible upside of 17.9% 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 2024? Magnolia Oil & Gas' stock was trading at $21.29 on January 1st, 2024. Since then, MGY shares have increased by 12.0% and is now trading at $23.84. View the best growth stocks for 2024 here. When is Magnolia Oil & Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. 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, May, 7th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.05. The company earned $319.42 million during the quarter, compared to analysts' expectations 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%. 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 Thursday, May 2nd. Shareholders of record on Monday, May 13th will be given a dividend of $0.13 per share on Monday, June 3rd. This represents a $0.52 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Friday, May 10th. Read our dividend analysis for MGY. Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.18%. The dividend payout ratio is 25.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 22.03% 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 S&P SmallCap Energy ETF (PSCE), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), First Trust Natural Gas ETF (FCG) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.16%), Janus Henderson Group PLC (3.13%), Silvercrest Asset Management Group LLC (2.05%), Wasatch Advisors LP (1.71%), Allspring Global Investments Holdings LLC (1.56%) and Allspring Global Investments Holdings LLC (1.56%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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