Equities Analysts Offer Predictions for MGY Q1 Earnings

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Equities research analysts at Roth Capital increased their Q1 2025 EPS estimates for Magnolia Oil & Gas in a research note issued to investors on Monday, February 3rd. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $0.48 for the quarter, up from their previous forecast of $0.40. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $1.97 per share. Roth Capital also issued estimates for Magnolia Oil & Gas' Q2 2025 earnings at $0.42 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $1.91 EPS.

A number of other equities research analysts also recently issued reports on the stock. Bank of America reiterated a "neutral" rating and set a $28.00 price objective (down from $29.00) on shares of Magnolia Oil & Gas in a research note on Monday, January 13th. Johnson Rice downgraded Magnolia Oil & Gas from a "moderate buy" rating to a "hold" rating in a report on Tuesday, January 28th. Mizuho boosted their price target on Magnolia Oil & Gas from $27.00 to $28.00 and gave the stock a "neutral" rating in a report on Monday, December 16th. Truist Financial raised their price objective on Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Finally, The Goldman Sachs Group downgraded Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $27.00 to $26.00 in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $27.58.

Magnolia Oil & Gas Stock Performance

Shares of MGY traded down $0.18 during midday trading on Wednesday, reaching $22.78. 1,671,887 shares of the stock were exchanged, compared to its average volume of 1,746,395. The stock's 50 day simple moving average is $24.71 and its 200 day simple moving average is $25.36. Magnolia Oil & Gas has a twelve month low of $20.08 and a twelve month high of $29.02. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.20. The company has a market cap of $4.48 billion, a P/E ratio of 11.28, a PEG ratio of 2.85 and a beta of 1.98.

Institutional Investors Weigh In On Magnolia Oil & Gas

Institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in shares of Magnolia Oil & Gas by 25.8% in the 2nd quarter. AQR Capital Management LLC now owns 20,832 shares of the company's stock worth $528,000 after purchasing an additional 4,276 shares during the period. Algert Global LLC acquired a new position in Magnolia Oil & Gas in the second quarter valued at approximately $442,000. Creative Planning increased its stake in shares of Magnolia Oil & Gas by 21.3% in the 2nd quarter. Creative Planning now owns 63,589 shares of the company's stock valued at $1,611,000 after acquiring an additional 11,160 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Magnolia Oil & Gas during the 2nd quarter valued at $428,000. Finally, GAMMA Investing LLC boosted its stake in Magnolia Oil & Gas by 62.4% during the third quarter. GAMMA Investing LLC now owns 2,609 shares of the company's stock worth $64,000 after acquiring an additional 1,002 shares in the last quarter. Institutional investors and hedge funds own 94.73% of the company's stock.

Magnolia Oil & Gas Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Magnolia Oil & Gas's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a yield of 2.63%. Magnolia Oil & Gas's payout ratio is presently 25.74%.

About Magnolia Oil & Gas

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.