Q1 EPS Estimate for Magnolia Oil & Gas Decreased by Analyst

Magnolia Oil & Gas Co. (NYSE:MGY - Free Report) - Analysts at Roth Capital reduced their Q1 2026 earnings per share (EPS) estimates for Magnolia Oil & Gas in a report released on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the company will earn $0.49 per share for the quarter, down from their prior forecast of $0.58. The consensus estimate for Magnolia Oil & Gas' current full-year earnings is $2.10 per share. Roth Capital also issued estimates for Magnolia Oil & Gas' Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.59 EPS and FY2026 earnings at $2.08 EPS.

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

A number of other research analysts have also recently weighed in on the stock. Truist Financial raised their price objective on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Citigroup cut their price target on Magnolia Oil & Gas from $22.00 to $19.00 and set a "sell" rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group lowered Magnolia Oil & Gas from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $27.00 to $26.00 in a research note on Friday, January 31st. Bank of America reissued a "neutral" rating and issued a $28.00 target price (down previously from $29.00) on shares of Magnolia Oil & Gas in a research note on Monday, January 13th. Finally, Williams Trading set a $29.00 price target on shares of Magnolia Oil & Gas in a report on Wednesday, March 5th. Two research 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's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $27.54.

Magnolia Oil & Gas Price Performance

Magnolia Oil & Gas stock traded down $0.90 during trading hours on Wednesday, hitting $20.19. The stock had a trading volume of 594,701 shares, compared to its average volume of 2,283,662. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.42 and a quick ratio of 1.47. The stock's fifty day moving average is $23.11 and its two-hundred day moving average is $24.71. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-year high of $29.02. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 10.46, a PEG ratio of 3.01 and a beta of 1.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP grew its holdings in Magnolia Oil & Gas by 24.6% during the 4th 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 in the last quarter. Janus Henderson Group PLC grew its stake in shares of Magnolia Oil & Gas by 11.7% during the fourth quarter. Janus Henderson Group PLC now owns 6,396,875 shares of the company's stock valued at $149,559,000 after acquiring an additional 667,973 shares in the last quarter. Barclays PLC increased its position in shares of Magnolia Oil & Gas by 62.5% during the third quarter. Barclays PLC now owns 1,653,736 shares of the company's stock worth $40,383,000 after acquiring an additional 636,049 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Magnolia Oil & Gas in the fourth quarter worth about $13,634,000. Finally, Renaissance Technologies LLC boosted its holdings in Magnolia Oil & Gas by 910.5% in the fourth quarter. Renaissance Technologies LLC now owns 541,400 shares of the company's stock valued at $12,658,000 after purchasing an additional 487,820 shares during the last quarter. Institutional investors and hedge funds own 94.73% of the company's stock.

Insider Transactions at Magnolia Oil & Gas

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was purchased at an average cost of $22.05 per share, with a total value of $55,125.00. Following the transaction, the chief executive officer now owns 892,372 shares in the company, valued at approximately $19,676,802.60. This trade represents a 0.28 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.20% of the company's stock.

Magnolia Oil & Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.15 dividend. This is a positive change from Magnolia Oil & Gas's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, February 14th. Magnolia Oil & Gas's payout ratio is currently 31.09%.

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.