NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis $23.57 -0.43 (-1.79%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$23.47▼$24.1650-Day Range$23.53▼$27.2552-Week Range$19.16▼$27.63Volume1.80 million shsAverage Volume1.60 million shsMarket Capitalization$4.69 billionP/E Ratio11.73Dividend Yield2.21%Price Target$28.60 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/Downside21.3% Upside$28.60 Price TargetShort InterestBearish14.81% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.23Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth8.45%From $2.13 to $2.31 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.3.18 out of 5 starsOils/Energy Sector134th out of 239 stocksCrude Petroleum & Natural Gas Industry52nd out of 79 stocks 3.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.45, 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 8 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 Shorted14.81% of the outstanding shares of Magnolia Oil & Gas have been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 2.42%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.16%, 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 22.51% 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 1.8 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.23. 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 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 2 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 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 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 8.45% in the coming year, from $2.13 to $2.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 11.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 11.73, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.64.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.15. 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 2.45. 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 Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video 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 HeadlinesSeptember 5 at 4:11 AM | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Price Target Lowered to $32.00 at SusquehannaSeptember 5 at 2:51 AM | americanbankingnews.comQ4 2024 Earnings Forecast for Magnolia Oil & Gas Co. (NYSE:MGY) Issued By Zacks ResearchSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 5 at 12:20 AM | markets.businessinsider.comMagnolia Oil & Gas (MGY) Receives a Buy from Truist FinancialAugust 31, 2024 | seekingalpha.comMagnolia Oil & Gas: Meets Cost Reduction Targets Ahead Of ScheduleAugust 30, 2024 | americanbankingnews.comMagnolia Oil & Gas Co. to Post Q3 2024 Earnings of $0.53 Per Share, Seaport Res Ptn Forecasts (NYSE:MGY)August 29, 2024 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) to Post FY2024 Earnings of $2.05 Per Share, Seaport Res Ptn ForecastsAugust 18, 2024 | finance.yahoo.comSWN Sep 2024 5.500 call (SWN240913C00005500)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 8, 2024 | msn.comWhat Makes Magnolia Oil & Gas Corporation (MGY) a Prospective Investment?August 4, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Energy Companies: Magnolia Oil & Gas (MGY) and Chevron (CVX)August 3, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Just Released Its Second-Quarter Earnings: Here's What Analysts ThinkAugust 2, 2024 | markets.businessinsider.comBuy Rating Affirmed: Magnolia Oil & Gas’s Strong Performance and Expansion Promise Bright FutureAugust 2, 2024 | seekingalpha.comMagnolia Oil & Gas Corporation (MGY) Q2 2024 Earnings Call TranscriptJuly 31, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces Second Quarter 2024 ResultsJuly 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 RecommendationJune 10, 2024 | businesswire.comGlancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas CorporationSee 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 Earnings7/31/2024Ex-Dividend for 9/3 Dividend8/09/2024Dividend Payable9/03/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal 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$28.60 High Stock Price Target$35.00 Low Stock Price Target$22.00 Potential Upside/Downside+21.3%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio11.73 Forward P/E Ratio11.07 P/E Growth1.15Net Income$388.30 million Net Margins29.44% Pretax Margin42.02% Return on Equity21.18% Return on Assets14.45% Debt Debt-to-Equity Ratio0.21 Current Ratio1.28 Quick Ratio1.28 Sales & Book Value Annual Sales$1.23 billion Price / Sales3.83 Cash Flow$3.42 per share Price / Cash Flow6.90 Book Value$9.63 per share Price / Book2.45Miscellaneous Outstanding Shares199,120,000Free Float200,325,000Market Cap$4.69 billion OptionableOptionable Beta2.00 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsEcopetrolNYSE:ECCoterra EnergyNYSE:CTRAWoodside Energy GroupNYSE:WDSOvintivNYSE:OVVPermian ResourcesNASDAQ:PRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 16,266 shares on 9/5/2024Ownership: 0.008%Clearbridge Investments LLCSold 10,004 shares on 8/27/2024Ownership: 0.264%Teachers Retirement System of The State of KentuckyBought 58,585 shares on 8/26/2024Ownership: 0.061%Truist Financial CorpSold 7,788 shares on 8/21/2024Ownership: 0.058%Creative PlanningBought 11,160 shares on 8/16/2024Ownership: 0.032%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 start of the year. Since then, MGY shares have increased by 10.7% and is now trading at $23.57. 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 Wednesday, July, 31st. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.05. The business had revenue of $336.73 million for the quarter, compared to the consensus estimate of $340.72 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 21.18% and a net margin of 29.44%. Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' top institutional shareholders include American Century Companies Inc. (4.63%), Victory Capital Management Inc. (2.75%), Dimensional Fund Advisors LP (2.23%) and Allspring Global Investments Holdings LLC (1.49%). Insiders that own company stock include Ltd Enervest, John B Walker and James R Larson. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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