Roth Capital Brokers Lower Earnings Estimates for MGY

Magnolia Oil & Gas Co. (NYSE:MGY) – Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for shares of 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 earn $0.52 per share for the quarter, down from their prior forecast of $0.53. 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 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.44 EPS and FY2025 earnings at $1.64 EPS.

Several other equities research analysts also recently weighed in on MGY. Truist Financial increased their target price 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. Piper Sandler increased their price objective 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. JPMorgan Chase & Co. dropped their target price on Magnolia Oil & Gas from $28.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Bank of America reiterated a “neutral” rating and issued a $28.00 price objective (down from $29.00) on shares of Magnolia Oil & Gas in a research report on Monday, January 13th. Finally, Williams Trading set a $29.00 price target on shares of Magnolia Oil & Gas in a research note on Wednesday, March 5th. Two equities 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 stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $27.54.

Magnolia Oil & Gas Stock Up 1.8 %

Shares of NYSE:MGY opened at $21.10 on Thursday. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-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 stock has a market cap of $4.10 billion, a P/E ratio of 10.93, a P/E/G ratio of 3.01 and a beta of 1.57. The firm has a fifty day moving average price of $23.11 and a 200 day moving average price of $24.72.

Magnolia Oil & Gas (NYSE:MGY) last posted its quarterly earnings data 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. The business had revenue of $326.61 million during the quarter, compared to the consensus estimate of $327.40 million. Magnolia Oil & Gas had a return on equity of 20.74% and a net margin of 27.82%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC increased its position in Magnolia Oil & Gas by 112.3% during the fourth quarter. Larson Financial Group LLC now owns 1,072 shares of the company’s stock worth $25,000 after buying an additional 567 shares in the last quarter. Mather Group LLC. raised its stake in Magnolia Oil & Gas by 100.0% in the 4th quarter. Mather Group LLC. now owns 1,090 shares of the company’s stock valued at $25,000 after purchasing an additional 545 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in Magnolia Oil & Gas in the 1st quarter valued at about $30,000. R Squared Ltd acquired a new stake in shares of Magnolia Oil & Gas during the 4th quarter worth about $43,000. Finally, Quarry LP grew its holdings in shares of Magnolia Oil & Gas by 1,047.8% during the fourth quarter. Quarry LP now owns 2,135 shares of the company’s stock worth $50,000 after buying an additional 1,949 shares in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Magnolia Oil & Gas

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of Magnolia Oil & Gas stock in a transaction on Monday, March 3rd. The shares were bought at an average price of $22.05 per share, with a total value of $55,125.00. Following the completion of the acquisition, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.20% of the stock is owned by corporate insiders.

Magnolia Oil & Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.84%. This is an increase 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 payout ratio is presently 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.