NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis → Altcoin FRENZY Alert… (From Crypto 101 Media) (Ad) Free MGY Stock Alerts $25.52 +0.48 (+1.92%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$24.86▼$25.5850-Day Range$19.59▼$25.5352-Week Range$18.72▼$25.58Volume2.68 million shsAverage Volume3.44 million shsMarket Capitalization$5.21 billionP/E Ratio12.45Dividend Yield2.04%Price Target$25.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Magnolia Oil & Gas alerts: Email Address Magnolia Oil & Gas MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside0.7% Upside$25.71 Price TargetShort InterestBearish16.73% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth14.50%From $2.00 to $2.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.52 out of 5 starsOils/Energy Sector148th out of 239 stocksCrude Petroleum & Natural Gas Industry52nd out of 76 stocks 2.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.71, Magnolia Oil & Gas has a forecasted upside of 0.7% from its current price of $25.53.Amount of Analyst CoverageMagnolia Oil & Gas has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted16.73% of the float of Magnolia Oil & Gas has been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Magnolia Oil & Gas has recently increased by 9.71%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagnolia Oil & Gas has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Magnolia Oil & Gas is 25.37%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Magnolia Oil & Gas will have a dividend payout ratio of 22.71% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MGY. Previous Next 2.5 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows3 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions94.73% of the stock of Magnolia Oil & Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 14.50% in the coming year, from $2.00 to $2.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 12.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 12.45, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 21.54.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The company was incorporated in 2017 and is headquartered in Houston, Texas.Read More MGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGY Stock News HeadlinesMarch 27, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Reaches New 1-Year High at $25.26March 27, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Given New $28.00 Price Target at The Goldman Sachs GroupMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 22, 2024 | nasdaq.comMGY Factor-Based Stock AnalysisMarch 22, 2024 | americanbankingnews.comSeaport Res Ptn Comments on Magnolia Oil & Gas Co.'s Q3 2024 Earnings (NYSE:MGY)March 21, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Reaches New 12-Month High at $24.54March 20, 2024 | americanbankingnews.comMagnolia Oil & Gas Co. to Post Q1 2024 Earnings of $0.43 Per Share, Seaport Res Ptn Forecasts (NYSE:MGY)March 14, 2024 | finance.yahoo.comHealthy Crude Oil Prices Fuel Upstream Sector ExpansionMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 12, 2024 | finance.yahoo.comMGY Jun 2024 17.500 callFebruary 29, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Diamondback Energy, Coterra Energy, APA and Magnolia Oil & GasFebruary 27, 2024 | msn.comMagnolia Oil & Gas started as Buy at BofA on capital discipline, cash return priorityFebruary 20, 2024 | seekingalpha.comMagnolia Oil & Gas: Projected To Generate Over $400 Million In 2024 FCFFebruary 19, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Full-Year Results: Here's What Analysts Are Forecasting For This YearFebruary 17, 2024 | wsj.comMagnolia Oil & Gas Corp.February 16, 2024 | finance.yahoo.comMagnolia (MGY) Q4 Earnings and Revenues Miss EstimatesFebruary 16, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q4 2023 Earnings Call TranscriptFebruary 15, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Energy Stocks: Magnolia Oil & Gas (MGY) and Occidental Petroleum (OXY)February 15, 2024 | seekingalpha.comMagnolia Oil & Gas Corporation 2023 Q4 - Results - Earnings Call PresentationFebruary 14, 2024 | benzinga.comMagnolia Oil & Gas: Q4 Earnings InsightsFebruary 14, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Reports Q4 Earnings: What Key Metrics Have to SayFebruary 14, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces 2023 Fourth Quarter and Year End ResultsFebruary 14, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Reports Mixed Year-End Results Amidst Production GrowthFebruary 14, 2024 | businesswire.comMagnolia Oil & Gas Corporation Announces 2023 Fourth Quarter and Year End ResultsFebruary 13, 2024 | benzinga.comMagnolia Oil & Gas's Earnings: A PreviewFebruary 13, 2024 | msn.comMagnolia Oil & Gas Q4 2023 Earnings PreviewFebruary 10, 2024 | finance.yahoo.comHere's What We Like About Magnolia Oil & Gas' (NYSE:MGY) Upcoming DividendSee More Headlines Receive MGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnolia Oil & Gas and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/1 Dividend2/15/2024Dividend Payable3/01/2024Today3/27/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees247Year FoundedN/APrice Target and Rating Average Stock Price Target$25.71 High Stock Price Target$33.00 Low Stock Price Target$18.00 Potential Upside/Downside+0.7%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.05 Trailing P/E Ratio12.45 Forward P/E Ratio12.76 P/E Growth1.61Net Income$388.30 million Net Margins31.65% Pretax Margin44.81% Return on Equity21.21% Return on Assets14.69% Debt Debt-to-Equity Ratio0.21 Current Ratio1.88 Quick Ratio1.88 Sales & Book Value Annual Sales$1.23 billion Price / Sales4.25 Cash Flow$3.55 per share Price / Cash Flow7.20 Book Value$9.18 per share Price / Book2.78Miscellaneous Outstanding Shares204,280,000Free Float201,826,000Market Cap$5.21 billion OptionableOptionable Beta2.03 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Christopher G. Stavros (Age 61)President, CEO & Director Comp: $1.66MMr. Brian Michael Corales CPA (Age 44)Senior VP, CFO and Principal Accounting & Financial Officer Comp: $708.74kMr. Steve F. Millican (Age 48)Senior Vice President of Operations Comp: $792.84kMr. Timothy D. Yang (Age 52)Executive Vice President, General Counsel, Corporate Secretary & Land Comp: $1.17MJim JohnsonVice President of Finance, IR & TreasurerKey CompetitorsCrescent Point EnergyNYSE:CPGSasolNYSE:SSLSM EnergyNYSE:SMNorthern Oil and GasNYSE:NOGEnerplusNYSE:ERFView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Bought 13,288 shares on 3/22/2024Ownership: 0.026%Vanguard Group Inc.Sold 28,621 shares on 3/11/2024Ownership: 8.714%Wellington Management Group LLPSold 375,932 shares on 3/5/2024Ownership: 3.412%Goldman Sachs Group Inc.Bought 103,183 shares on 3/1/2024Ownership: 0.387%American International Group Inc.Sold 2,323 shares on 2/28/2024Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MGY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGY, but not buy additional shares or sell existing shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price target for 2024? 7 equities research analysts have issued twelve-month price objectives for Magnolia Oil & Gas' shares. Their MGY share price targets range from $18.00 to $33.00. On average, they expect the company's share price to reach $25.71 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View analysts price targets for MGY or view top-rated stocks among Wall Street analysts. How have MGY shares performed in 2024? Magnolia Oil & Gas' stock was trading at $21.29 at the beginning of the year. Since then, MGY shares have increased by 19.9% and is now trading at $25.5250. View the best growth stocks for 2024 here. When is Magnolia Oil & Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) announced its earnings results on Wednesday, February, 14th. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $0.04. The business earned $322.63 million during the quarter, compared to the consensus estimate of $324.95 million. Magnolia Oil & Gas had a net margin of 31.65% and a trailing twelve-month return on equity of 21.21%. How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas? Magnolia Oil & Gas declared a quarterly dividend on Monday, February 5th. Investors of record on Friday, February 16th will be paid a dividend of $0.13 per share on Friday, March 1st. This represents a $0.52 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase from the stock's previous quarterly dividend of $0.12. Read our dividend analysis for MGY. Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.07%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 22.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGY. What ETFs hold Magnolia Oil & Gas' stock? ETFs with the largest weight of Magnolia Oil & Gas (NYSE:MGY) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Distillate Small/Mid Cash Flow ETF (DSMC). What other stocks do shareholders of Magnolia Oil & Gas own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Block (SQ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Occidental Petroleum (OXY), AbbVie (ABBV), AMC Entertainment (AMC), Micron Technology (MU) and Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.60%), Vanguard Group Inc. (8.71%), First Trust Advisors LP (4.89%), Wellington Management Group LLP (3.41%), Victory Capital Management Inc. (2.98%) and GW&K Investment Management LLC (1.81%). Insiders that own company stock include James R Larson, John B Walker, John B Walker, Ltd Enervest and Stephen I Chazen. View institutional ownership trends. How do I buy shares of Magnolia Oil & Gas? Shares of MGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MGY) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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