Q1 EPS Forecast for Magnolia Oil & Gas Lowered by Analyst

Magnolia Oil & Gas Co. (NYSE:MGY) – Research analysts at Roth Capital reduced their Q1 2026 earnings estimates for Magnolia Oil & Gas in a research note issued to investors on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $0.49 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.

A number of other analysts have also recently issued reports on MGY. Bank of America reissued a “neutral” rating and set a $28.00 price objective (down previously from $29.00) on shares of Magnolia Oil & Gas in a report on Monday, January 13th. The Goldman Sachs Group lowered shares of Magnolia Oil & Gas from a “buy” rating to a “neutral” rating and cut their price objective for the company from $27.00 to $26.00 in a research report on Friday, January 31st. Piper Sandler upped their target price on shares of Magnolia Oil & Gas from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Truist Financial raised their price target on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a “buy” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Magnolia Oil & Gas from $28.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Magnolia Oil & Gas has an average rating of “Hold” and a consensus target price of $27.54.

Magnolia Oil & Gas Price Performance

Magnolia Oil & Gas stock opened at $20.72 on Wednesday. The firm has a market capitalization of $4.02 billion, a P/E ratio of 10.74, a PEG ratio of 3.01 and a beta of 1.57. Magnolia Oil & Gas has a one year low of $19.09 and a one year high of $29.02. 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 business has a fifty day moving average price of $23.21 and a 200-day moving average price of $24.77.

Magnolia Oil & Gas (NYSE:MGY) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.49 EPS for the quarter, topping 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 company had revenue of $326.61 million during the quarter, compared to the consensus estimate of $327.40 million.

Magnolia Oil & Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.90%. This is a boost from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, February 14th. Magnolia Oil & Gas’s dividend payout ratio (DPR) is currently 31.09%.

Insiders Place Their Bets

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of the stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of $22.05 per share, with a total value of $55,125.00. Following the completion of the purchase, the chief executive officer now directly owns 892,372 shares of the company’s stock, valued at approximately $19,676,802.60. This trade represents a 0.28 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MGY. FMR LLC boosted its holdings in Magnolia Oil & Gas by 174.9% during the 3rd quarter. FMR LLC now owns 34,851 shares of the company’s stock valued at $851,000 after acquiring an additional 22,171 shares during the period. HighTower Advisors LLC bought a new stake in Magnolia Oil & Gas in the third quarter valued at approximately $353,000. MML Investors Services LLC boosted its stake in shares of Magnolia Oil & Gas by 13.0% during the third quarter. MML Investors Services LLC now owns 9,522 shares of the company’s stock valued at $233,000 after purchasing an additional 1,096 shares during the period. Barclays PLC grew its holdings in shares of Magnolia Oil & Gas by 62.5% in the third quarter. Barclays PLC now owns 1,653,736 shares of the company’s stock worth $40,383,000 after purchasing an additional 636,049 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Magnolia Oil & Gas by 2.9% in the third quarter. Geode Capital Management LLC now owns 4,107,769 shares of the company’s stock worth $100,332,000 after buying an additional 116,431 shares during the period. 94.73% of the stock is owned by institutional investors.

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.