NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis → Healthcare Takes A Big Step Forward With The Help Of AI (From The Bull Report) (Ad) Free MGY Stock Alerts $25.62 -0.10 (-0.39%) (As of 09:45 AM ET) Add Compare Share Share Today's Range$25.45▼$25.7050-Day Range$20.34▼$26.9952-Week Range$18.72▼$27.33Volume29,352 shsAverage Volume3.22 million shsMarket Capitalization$5.23 billionP/E Ratio12.50Dividend Yield2.03%Price Target$27.63 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 RatingHold2.38 Rating ScoreUpside/Downside7.4% Upside$27.63 Price TargetShort InterestBearish19.12% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.77Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth10.58%From $2.08 to $2.30 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.2.50 out of 5 starsOils/Energy Sector151st out of 236 stocksCrude Petroleum & Natural Gas Industry53rd 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 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageMagnolia Oil & Gas has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted19.12% 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 9.6.Change versus previous monthShort interest in Magnolia Oil & Gas has recently increased by 14.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.03%, 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 22.61% 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 2.6 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.77. 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 higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is a decrease 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 1.40% 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 10.58% in the coming year, from $2.08 to $2.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 12.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 12.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.25.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.58. 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 2.80. 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 HeadlinesApril 23, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Price Target Raised to $31.00 at SusquehannaApril 21, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Stock Rating Reaffirmed by Piper SandlerApril 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 21, 2024 | msn.comPiper Sandler Downgrades Magnolia Oil & Gas (MGY)April 20, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) PT Raised to $27.00 at Wells Fargo & CompanyApril 16, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Given New $22.00 Price Target at CitigroupApril 15, 2024 | markets.businessinsider.comForecasting The Future: 6 Analyst Projections For Magnolia Oil & GasApril 14, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Reaches New 12-Month High at $27.33April 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. April 11, 2024 | edition.cnn.comChampionX CorporationApril 8, 2024 | businesswire.comMagnolia Oil & Gas Schedules Conference Call for First Quarter 2024 ResultsApril 3, 2024 | finance.yahoo.comWe Think Magnolia Oil & Gas (NYSE:MGY) Might Have The DNA Of A Multi-BaggerApril 1, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (MGY)March 22, 2024 | nasdaq.comMGY Factor-Based Stock AnalysisMarch 14, 2024 | finance.yahoo.comHealthy Crude Oil Prices Fuel Upstream Sector ExpansionMarch 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 SaySee 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 Payable3/01/2024Today4/23/2024Next Earnings (Confirmed)5/07/2024Fiscal 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$27.63 High Stock Price Target$33.00 Low Stock Price Target$22.00 Potential Upside/Downside+7.4%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.05 Trailing P/E Ratio12.55 Forward P/E Ratio12.37 P/E Growth1.58Net 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 / Sales4.28 Cash Flow$3.51 per share Price / Cash Flow7.33 Book Value$9.18 per share Price / Book2.80Miscellaneous Outstanding Shares204,280,000Free Float201,417,000Market Cap$5.25 billion OptionableOptionable Beta2.05 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: $1.76MMr. Brian Michael Corales CPA (Age 44)Senior VP, CFO and Principal Accounting & Financial Officer Comp: $796.87kMr. Steve F. Millican (Age 48)Senior Vice President of Operations Comp: $802.95kMr. Timothy D. Yang (Age 52)Executive Vice President, General Counsel, Corporate Secretary & Land Comp: $1.14MJim JohnsonVice President of Finance, IR & TreasurerKey CompetitorsCrescent Point EnergyNYSE:CPGSasolNYSE:SSLSM EnergyNYSE:SMEnerplusNYSE:ERFVista EnergyNYSE:VISTView All CompetitorsInsiders & InstitutionsRaymond James & AssociatesBought 206,635 shares on 4/22/2024Ownership: 0.274%Maryland State Retirement & Pension SystemBought 66,743 shares on 4/20/2024Ownership: 0.033%State of Alaska Department of RevenueBought 112,834 shares on 4/19/2024Ownership: 0.055%Allspring Global Investments Holdings LLCBought 142,717 shares on 4/18/2024Ownership: 1.559%Oliver Luxxe Assets LLCBought 1,179 shares on 4/18/2024Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 1 sell rating, 3 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? 8 brokers have issued twelve-month price targets for Magnolia Oil & Gas' stock. Their MGY share price targets range from $22.00 to $33.00. On average, they expect the company's share price to reach $27.63 in the next year. This suggests a possible upside of 7.4% 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 stock has increased by 20.8% and is now trading at $25.72. 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 Tuesday, May 7th 2024. View our MGY earnings forecast. How can I listen to Magnolia Oil & Gas' earnings call? Magnolia Oil & Gas will be holding an earnings conference call on Wednesday, May 8th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. 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 company earned $322.63 million during the quarter, compared to the consensus estimate of $324.95 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 21.21% and a net margin of 31.65%. 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. Stockholders 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 2.02%. The ex-dividend date 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 2.03%. 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 22.61% 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 S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), First Trust Natural Gas ETF (FCG), JPMorgan Active Small Cap Value ETF (JPSV) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). 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 many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (1.71%), Allspring Global Investments Holdings LLC (1.56%), Raymond James & Associates (0.27%), State of Alaska Department of Revenue (0.06%), Maryland State Retirement & Pension System (0.03%) and Oliver Luxxe Assets LLC (0.02%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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