Q1 EPS Forecast for Magnolia Oil & Gas Lifted by Analyst

Magnolia Oil & Gas Co. (NYSE:MGY) – Analysts at Roth Capital upped their Q1 2025 earnings per share (EPS) estimates for shares of Magnolia Oil & Gas in a note issued to investors on Monday, February 3rd. Roth Capital analyst L. Mariani now anticipates that the company will earn $0.48 per share for the quarter, up from their previous estimate 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.

Several other equities analysts have also weighed in on MGY. Johnson Rice lowered shares of 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 shares of Magnolia Oil & Gas from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, December 16th. Bank of America reiterated a “neutral” rating and issued a $28.00 target price (down from $29.00) on shares of Magnolia Oil & Gas in a report on Monday, January 13th. Truist Financial increased their price objective on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Finally, Piper Sandler raised their target price on Magnolia Oil & Gas from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Two equities 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 company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $27.58.

Magnolia Oil & Gas Stock Down 1.9 %

Shares of MGY opened at $23.70 on Wednesday. The stock has a fifty day simple moving average of $24.91 and a two-hundred day simple moving average of $25.40. 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 capitalization of $4.66 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 2.98 and a beta of 1.98. Magnolia Oil & Gas has a 52-week low of $19.83 and a 52-week high of $29.02.

Institutional Investors Weigh In On Magnolia Oil & Gas

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. acquired a new position in shares of Magnolia Oil & Gas in the third quarter valued at approximately $25,000. First Horizon Advisors Inc. raised its holdings in Magnolia Oil & Gas by 64.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,008 shares of the company’s stock valued at $25,000 after acquiring an additional 396 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Magnolia Oil & Gas by 100.0% during the 4th quarter. Mather Group LLC. now owns 1,090 shares of the company’s stock worth $25,000 after purchasing an additional 545 shares during the period. R Squared Ltd acquired a new stake in shares of Magnolia Oil & Gas during the fourth quarter worth $43,000. Finally, Avior Wealth Management LLC increased its stake in Magnolia Oil & Gas by 30.0% in the fourth quarter. Avior Wealth Management LLC now owns 2,194 shares of the company’s stock valued at $51,000 after purchasing an additional 506 shares during the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Magnolia Oil & Gas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a yield of 2.53%. This is a boost from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. 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.