Magnolia Oil & Gas Corp (NYSE:MGY) Given Average Rating of “Hold” by Analysts

Magnolia Oil & Gas Corp (NYSE:MGY) has been given a consensus rating of “Hold” by the seventeen research firms that are presently covering the stock, Marketbeat reports. Ten equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $31.00.

A number of equities research analysts have commented on the stock. UBS Group lifted their target price on shares of Magnolia Oil & Gas from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wells Fargo & Company cut their target price on shares of Magnolia Oil & Gas from $32.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 13th. Zacks Research downgraded shares of Magnolia Oil & Gas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. KeyCorp lifted their target price on shares of Magnolia Oil & Gas from $30.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Finally, Truist Financial lifted their target price on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Monday, April 27th.

Insiders Place Their Bets

In other Magnolia Oil & Gas news, Director Dan F. Smith sold 18,000 shares of Magnolia Oil & Gas stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $29.01, for a total value of $522,180.00. Following the completion of the sale, the director owned 119,204 shares of the company’s stock, valued at approximately $3,458,108.04. The trade was a 13.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brian Corales sold 33,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $29.12, for a total transaction of $960,960.00. Following the sale, the chief financial officer directly owned 184,178 shares of the company’s stock, valued at approximately $5,363,263.36. The trade was a 15.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 338,954 shares of company stock worth $9,911,733 in the last 90 days. Insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Magnolia Oil & Gas

A number of hedge funds have recently modified their holdings of the business. Lido Advisors LLC grew its position in shares of Magnolia Oil & Gas by 2.4% during the 4th quarter. Lido Advisors LLC now owns 16,197 shares of the company’s stock valued at $382,000 after acquiring an additional 387 shares during the period. Oak Family Advisors LLC grew its position in shares of Magnolia Oil & Gas by 0.9% during the 4th quarter. Oak Family Advisors LLC now owns 47,620 shares of the company’s stock valued at $1,042,000 after acquiring an additional 410 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Magnolia Oil & Gas by 10.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,624 shares of the company’s stock valued at $102,000 after acquiring an additional 422 shares during the period. GAMMA Investing LLC grew its position in shares of Magnolia Oil & Gas by 8.0% during the 4th quarter. GAMMA Investing LLC now owns 6,130 shares of the company’s stock valued at $134,000 after acquiring an additional 453 shares during the period. Finally, Coldstream Capital Management Inc. grew its position in shares of Magnolia Oil & Gas by 3.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 15,937 shares of the company’s stock valued at $380,000 after acquiring an additional 482 shares during the period. Institutional investors own 94.73% of the company’s stock.

Key Stories Impacting Magnolia Oil & Gas

Here are the key news stories impacting Magnolia Oil & Gas this week:

• Positive Sentiment: Zacks Research boosted its Q2 2026 EPS estimate to $0.64 from $0.33, implying stronger near-term earnings momentum for Magnolia Oil & Gas. MGY reference
• Positive Sentiment: The analyst also lifted Q3 2026 EPS to $0.67 from $0.38 and Q4 2026 EPS to $0.67 from $0.42, suggesting improving profitability expectations later this year. MGY reference
• Positive Sentiment: Zacks increased longer-term forecasts too, including FY2027 EPS to $2.46 from $1.95 and FY2028 EPS to $2.25 from $2.21, reinforcing a constructive earnings outlook. MGY reference
• Neutral Sentiment: Despite the higher estimates, Zacks Research kept a Hold rating on the stock, which may limit the upside reaction. MGY reference
• Neutral Sentiment: The updated forecasts are still below the current consensus FY2026 EPS estimate of $2.91, indicating the new estimates are supportive but not especially aggressive. MGY reference

Magnolia Oil & Gas Trading Up 0.2%

NYSE:MGY opened at $29.28 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19. Magnolia Oil & Gas has a 12 month low of $21.07 and a 12 month high of $32.76. The company has a market cap of $5.42 billion, a PE ratio of 17.03 and a beta of 0.75. The company has a 50 day simple moving average of $29.79 and a two-hundred day simple moving average of $26.08.

Magnolia Oil & Gas (NYSE:MGY) last posted its earnings results on Wednesday, May 6th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Magnolia Oil & Gas had a net margin of 24.40% and a return on equity of 16.28%. The business had revenue of $358.51 million during the quarter, compared to the consensus estimate of $349.89 million. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. Research analysts forecast that Magnolia Oil & Gas will post 2.85 earnings per share for the current year.

Magnolia Oil & Gas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, May 12th. Magnolia Oil & Gas’s payout ratio is 38.37%.

About Magnolia Oil & Gas

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).