Magnolia Oil & Gas Co. (NYSE:MGY – Free Report) – Research analysts at Capital One Financial reduced their FY2025 earnings per share estimates for shares of Magnolia Oil & Gas in a report issued on Thursday, March 20th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $2.33 per share for the year, down from their prior forecast of $2.34. 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’ Q4 2025 earnings at $0.61 EPS.
Several other equities analysts have also issued reports on MGY. 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 report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on Magnolia Oil & Gas from $28.00 to $24.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Truist Financial boosted their price objective on Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Williams Trading set a $29.00 price objective on Magnolia Oil & Gas in a research report on Wednesday, March 5th. Finally, 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. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.77.
Magnolia Oil & Gas Stock Performance
Shares of MGY stock opened at $25.03 on Friday. 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 50-day moving average of $24.16 and a 200-day moving average of $25.02. Magnolia Oil & Gas has a one year low of $21.63 and a one year high of $29.02. The stock has a market cap of $4.86 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 3.01 and a beta of 1.90.
Magnolia Oil & Gas (NYSE:MGY – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.49 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 return on equity of 20.74% and a net margin of 27.82%.
Magnolia Oil & Gas Increases Dividend
The company also recently declared 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. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a yield of 2.40%. This is an increase from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. Magnolia Oil & Gas’s dividend payout ratio is 31.09%.
Insiders Place Their Bets
In related news, CEO Christopher G. Stavros acquired 2,500 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was bought at an average price of $22.05 per share, with a total value of $55,125.00. Following the acquisition, the chief executive officer now owns 892,372 shares in the company, valued at $19,676,802.60. This represents a 0.28 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.40% of the company’s stock.
Institutional Investors Weigh In On Magnolia Oil & Gas
Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Magnolia Oil & Gas by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 20,938,200 shares of the company’s stock valued at $489,535,000 after buying an additional 452,836 shares during the last quarter. First Trust Advisors LP raised its stake in Magnolia Oil & Gas by 24.6% in the 4th quarter. First Trust Advisors LP now owns 15,410,496 shares of the company’s stock valued at $360,297,000 after acquiring an additional 3,038,709 shares during the period. State Street Corp raised its stake in Magnolia Oil & Gas by 4.2% in the 3rd quarter. State Street Corp now owns 10,700,257 shares of the company’s stock valued at $261,300,000 after acquiring an additional 435,326 shares during the period. Janus Henderson Group PLC raised its stake in Magnolia Oil & Gas by 11.7% in the 4th 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 during the period. Finally, Wellington Management Group LLP raised its stake in Magnolia Oil & Gas by 0.5% in the 4th quarter. Wellington Management Group LLP now owns 5,020,646 shares of the company’s stock valued at $117,383,000 after acquiring an additional 26,943 shares during the period. Institutional investors and hedge funds 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.
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