Capital One Financial Weighs in on MGY Q1 Earnings

Magnolia Oil & Gas Corp (NYSE:MGY) – Stock analysts at Capital One Financial issued their Q1 2026 earnings per share (EPS) estimates for shares of Magnolia Oil & Gas in a research report issued to clients and investors on Wednesday, July 2nd. Capital One Financial analyst P. Johnston forecasts that the company will earn $0.49 per share for the quarter. 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’ Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.09 EPS.

Magnolia Oil & Gas (NYSE:MGY) last issued its earnings results on Wednesday, April 30th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.02. The company had revenue of $350.30 million during the quarter, compared to analysts’ expectations of $337.83 million. Magnolia Oil & Gas had a return on equity of 20.73% and a net margin of 28.50%. Magnolia Oil & Gas’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 EPS.

Several other equities research analysts have also recently weighed in on the company. Citigroup dropped their target price 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. Bank of America increased their target price on Magnolia Oil & Gas from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, May 23rd. UBS Group restated a “buy” rating and set a $29.00 target price (up from $26.00) on shares of Magnolia Oil & Gas in a report on Friday, June 13th. Piper Sandler dropped their target price on Magnolia Oil & Gas from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, May 13th. Finally, Susquehanna dropped their price objective on Magnolia Oil & Gas from $31.00 to $30.00 and set a “positive” rating for the company in a report on Tuesday, April 22nd. Two equities 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, Magnolia Oil & Gas currently has an average rating of “Hold” and an average price target of $27.00.

Magnolia Oil & Gas Trading Down 0.1%

Shares of MGY stock opened at $23.33 on Friday. The stock has a market capitalization of $4.49 billion, a PE ratio of 11.61, a P/E/G ratio of 3.11 and a beta of 1.28. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-year high of $29.02. The business has a 50-day moving average of $22.53 and a 200 day moving average of $23.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.33 and a quick ratio of 1.33.

Magnolia Oil & Gas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Monday, May 12th. Magnolia Oil & Gas’s dividend payout ratio is currently 29.85%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MGY. Larson Financial Group LLC raised its position in shares of Magnolia Oil & Gas by 112.3% in the 4th quarter. Larson Financial Group LLC now owns 1,072 shares of the company’s stock worth $25,000 after acquiring an additional 567 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Magnolia Oil & Gas in the 1st quarter worth approximately $30,000. Quarry LP raised its position in shares of Magnolia Oil & Gas by 1,047.8% in the 4th quarter. Quarry LP now owns 2,135 shares of the company’s stock worth $50,000 after acquiring an additional 1,949 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Magnolia Oil & Gas by 122.8% in the 1st quarter. Parallel Advisors LLC now owns 2,308 shares of the company’s stock worth $58,000 after acquiring an additional 1,272 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Magnolia Oil & Gas by 95.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,777 shares of the company’s stock worth $88,000 after acquiring an additional 1,844 shares in the last quarter. Institutional investors own 94.73% of the company’s stock.

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.