Capital One Financial Predicts MGY FY2025 Earnings

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Stock analysts at Capital One Financial reduced their FY2025 EPS estimates for Magnolia Oil & Gas in a research note issued to investors on Thursday, March 20th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $2.33 per share for the year, down from their prior estimate of $2.34. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $2.10 per share. Capital One Financial also issued estimates for Magnolia Oil & Gas' Q4 2025 earnings at $0.61 EPS.

MGY has been the subject of a number of other reports. Mizuho upped their target price on Magnolia Oil & Gas from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. The Goldman Sachs Group cut Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and cut their price objective for the company from $27.00 to $26.00 in a report on Friday, January 31st. Bank of America reaffirmed a "neutral" rating and issued a $28.00 target price (down previously from $29.00) on shares of Magnolia Oil & Gas in a report on Monday, January 13th. Truist Financial lifted their price target on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a "buy" rating in a report on Monday, January 13th. Finally, Williams Trading set a $29.00 price objective on shares of Magnolia Oil & Gas in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Magnolia Oil & Gas presently has an average rating of "Hold" and an average target price of $27.77.

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Magnolia Oil & Gas Stock Performance

Magnolia Oil & Gas stock traded up $0.24 during trading hours on Friday, hitting $25.38. The stock had a trading volume of 2,182,594 shares, compared to its average volume of 2,168,313. The company has a 50-day moving average of $24.15 and a two-hundred day moving average of $25.03. The company has a quick ratio of 1.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.20. Magnolia Oil & Gas has a fifty-two week low of $21.63 and a fifty-two week high of $29.02. The company has a market cap of $4.93 billion, a PE ratio of 13.15, a price-to-earnings-growth ratio of 3.01 and a beta of 1.90.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. Magnolia Oil & Gas had a net margin of 27.82% and a return on equity of 20.74%. The business had revenue of $326.61 million during the quarter, compared to analyst estimates of $327.40 million.

Hedge Funds Weigh In On Magnolia Oil & Gas

A number of hedge funds and other institutional investors have recently bought and sold shares of MGY. Vanguard Group Inc. lifted its stake in shares of Magnolia Oil & Gas by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 20,938,200 shares of the company's stock valued at $489,535,000 after purchasing an additional 452,836 shares during the period. First Trust Advisors LP increased its holdings in Magnolia Oil & Gas by 24.6% in the fourth quarter. First Trust Advisors LP now owns 15,410,496 shares of the company's stock valued at $360,297,000 after purchasing an additional 3,038,709 shares during the last quarter. State Street Corp boosted its holdings in Magnolia Oil & Gas by 4.2% during the third quarter. State Street Corp now owns 10,700,257 shares of the company's stock worth $261,300,000 after buying an additional 435,326 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Magnolia Oil & Gas by 11.7% during the 4th quarter. Janus Henderson Group PLC now owns 6,396,875 shares of the company's stock worth $149,559,000 after buying an additional 667,973 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Magnolia Oil & Gas by 0.5% during the 4th quarter. Wellington Management Group LLP now owns 5,020,646 shares of the company's stock worth $117,383,000 after buying an additional 26,943 shares during the period. 94.73% of the stock is owned by institutional investors.

Insider Activity

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of $22.05 per share, with a total value of $55,125.00. Following the completion of the purchase, the chief executive officer now directly owns 892,372 shares in the company, valued at approximately $19,676,802.60. This represents a 0.28 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is currently owned by insiders.

Magnolia Oil & Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.36%. This is an increase from Magnolia Oil & Gas's previous quarterly dividend of $0.13. Magnolia Oil & Gas's payout ratio is presently 31.09%.

Magnolia Oil & Gas Company Profile

Magnolia 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.