Q2 Earnings Estimate for MGY Issued By Capital One Financial

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Equities research analysts at Capital One Financial cut their Q2 2025 EPS estimates for shares of Magnolia Oil & Gas in a research note issued to investors on Tuesday, April 8th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.53 per share for the quarter, down from their prior estimate of $0.55. 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' Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $2.19 EPS and FY2026 earnings at $2.18 EPS.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $326.61 million during the quarter, compared to analyst estimates of $327.40 million.

Several other research firms have also recently commented on MGY. The Goldman Sachs Group cut shares of Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and lowered their target price for the company from $27.00 to $26.00 in a research note on Friday, January 31st. Citigroup decreased their target price on shares of Magnolia Oil & Gas from $22.00 to $19.00 and set a "sell" rating for the company in a report on Tuesday, April 8th. Truist Financial lifted their target price 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. Mizuho upped their target price on Magnolia Oil & Gas from $27.00 to $28.00 and gave the stock a "neutral" rating in a research report on Monday, December 16th. Finally, Bank of America restated a "neutral" rating and set a $28.00 target price (down from $29.00) on shares of Magnolia Oil & Gas in a report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Magnolia Oil & Gas presently has a consensus rating of "Hold" and an average target price of $27.54.

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Magnolia Oil & Gas Stock Performance

NYSE MGY traded down $0.11 on Thursday, hitting $20.27. The stock had a trading volume of 2,152,487 shares, compared to its average volume of 2,297,151. Magnolia Oil & Gas has a one year low of $19.09 and a one year high of $29.02. The company has a quick ratio of 1.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of 10.50, a P/E/G ratio of 3.01 and a beta of 1.57. The company's 50-day moving average is $23.38 and its two-hundred day moving average is $24.86.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. FMR LLC boosted its position in Magnolia Oil & Gas by 174.9% during the third quarter. FMR LLC now owns 34,851 shares of the company's stock valued at $851,000 after purchasing an additional 22,171 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Magnolia Oil & Gas in the third quarter valued at $353,000. State Street Corp raised its position 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 acquiring an additional 435,326 shares in the last quarter. XTX Topco Ltd lifted its stake in Magnolia Oil & Gas by 92.5% in the third quarter. XTX Topco Ltd now owns 25,840 shares of the company's stock valued at $631,000 after acquiring an additional 12,420 shares during the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in shares of Magnolia Oil & Gas by 1.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 127,181 shares of the company's stock valued at $3,106,000 after acquiring an additional 1,220 shares during the period. Institutional investors and hedge funds own 94.73% of the company's stock.

Insiders Place Their Bets

In other news, CEO Christopher G. Stavros acquired 2,500 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average price of $22.05 per share, for a total transaction of $55,125.00. Following the transaction, 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.20% of the company's stock.

Magnolia Oil & Gas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.15 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.96%. This is a positive change from Magnolia Oil & Gas's previous quarterly dividend of $0.13. Magnolia Oil & Gas's dividend payout ratio (DPR) is currently 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.