NYSE:MGY Magnolia Oil & Gas (MGY) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free MGY Stock Alerts $24.25 -0.11 (-0.45%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$24.06▼$24.4650-Day Range$24.08▼$26.9952-Week Range$19.16▼$27.33Volume1.07 million shsAverage Volume3.00 million shsMarket Capitalization$4.92 billionP/E Ratio12.06Dividend Yield2.14%Price Target$28.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Magnolia Oil & Gas alerts: Email Address Magnolia Oil & Gas MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside16.0% Upside$28.13 Price TargetShort InterestHealthy18.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.33Based on 8 Articles This WeekInsider TradingSelling Shares$306.96 M Sold Last QuarterProj. Earnings Growth3.11%From $2.25 to $2.32 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.3.53 out of 5 starsOils/Energy Sector87th out of 227 stocksCrude Petroleum & Natural Gas Industry36th out of 71 stocks 3.2 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 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.Read more about Magnolia Oil & Gas' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted18.14% 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 9.4.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 9.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.14%, 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 25.87%. 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 22.41% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.Read more about Magnolia Oil & Gas' 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 3.5 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 1.33. 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 0.93 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows2 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $306,960,000.00 in 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.Read more about Magnolia Oil & Gas' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 3.11% in the coming year, from $2.25 to $2.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 12.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 12.06, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.00.Price to Earnings Growth RatioMagnolia Oil & Gas has a PEG Ratio of 1.36. 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 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Magnolia Oil & Gas' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Smallcaps DailyIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promising companies to be watching closelyLearn how this American company is leading the lithium-ion revolution About Magnolia Oil & Gas Stock (NYSE:MGY)Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings area in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. 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 HeadlinesMay 16, 2024 | insidertrades.comMagnolia Oil & Gas Co. (NYSE:MGY) Director John B. Walker Sells 12,000,000 SharesJune 3, 2024 | americanbankingnews.comZacks Research Equities Analysts Lift Earnings Estimates for Magnolia Oil & Gas Co. (NYSE:MGY)June 1, 2024 | americanbankingnews.comMagnolia Oil & Gas (NYSE:MGY) Price Target Increased to $35.00 by Analysts at Truist FinancialJune 1, 2024 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) Receives $27.88 Average PT from AnalystsMay 31, 2024 | seekingalpha.comMagnolia Oil & Gas: Returns About To Shift Into High GearMay 31, 2024 | americanbankingnews.comZacks Research Equities Analysts Boost Earnings Estimates for Magnolia Oil & Gas Co. (NYSE:MGY)May 31, 2024 | investorplace.com7 Oil Stocks to Watch as Middle East Politics Take Center StageMay 29, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Magnolia Oil & Gas (MGY)May 29, 2024 | seekingalpha.comMagnolia Oil & Gas: Working To Reduce LOE After Solid Q1 2024 ResultsMay 14, 2024 | businesswire.comEnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVestMay 13, 2024 | markets.businessinsider.comCracking The Code: Understanding Analyst Reviews For Magnolia Oil & GasMay 12, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Magnolia Oil & Gas Corporation (NYSE:MGY) After Its First-Quarter ReportMay 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q1 2024 Earnings Call TranscriptMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Magnolia Oil & Gas (MGY) and HF Sinclair Corporation (DINO)May 9, 2024 | finance.yahoo.comMagnolia Oil & Gas First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...May 8, 2024 | investorplace.comMGY Stock Earnings: Magnolia Oil & Gas Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Q1 2024 Earnings: Aligns with EPS Projections Amidst ...May 7, 2024 | businesswire.comMagnolia Oil & Gas Corporation Announces First Quarter 2024 ResultsMay 5, 2024 | finance.yahoo.comBe Sure To Check Out Magnolia Oil & Gas Corporation (NYSE:MGY) Before It Goes Ex-DividendMay 2, 2024 | businesswire.comMagnolia Oil & Gas Announces Quarterly DividendMay 1, 2024 | finance.yahoo.comMagnolia Oil & Gas Corporation's (NYSE:MGY) Stock Is Going Strong: Is the Market Following Fundamentals?April 21, 2024 | msn.comPiper Sandler Downgrades Magnolia Oil & Gas (MGY)April 15, 2024 | markets.businessinsider.comForecasting The Future: 6 Analyst Projections For Magnolia Oil & GasApril 11, 2024 | edition.cnn.comChampionX CorporationSee 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 Earnings5/07/2024Ex-Dividend for 6/3 Dividend5/10/2024Dividend Payable6/03/2024Today6/10/2024Next Earnings (Estimated)8/06/2024Fiscal 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$28.13 High Stock Price Target$35.00 Low Stock Price Target$22.00 Potential Upside/Downside+16.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio12.06 Forward P/E Ratio10.78 P/E Growth1.36Net Income$388.30 million Net Margins30.46% Pretax Margin43.74% Return on Equity20.41% Return on Assets14.07% Debt Debt-to-Equity Ratio0.21 Current Ratio1.71 Quick Ratio1.71 Sales & Book Value Annual Sales$1.23 billion Price / Sales4.01 Cash Flow$3.49 per share Price / Cash Flow6.94 Book Value$9.18 per share Price / Book2.64Miscellaneous Outstanding Shares202,760,000Free Float200,325,000Market Cap$4.92 billion OptionableOptionable Beta2.00 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsEQTNYSE:EQTMarathon OilNYSE:MROOvintivNYSE:OVVPermian ResourcesNASDAQ:PRChesapeake EnergyNASDAQ:CHKView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckySold 54,309 shares on 5/28/2024Ownership: 0.031%Virtu Financial LLCBought 90,733 shares on 5/20/2024Ownership: 0.045%Comerica BankBought 48,228 shares on 5/17/2024Ownership: 0.084%Tidal Investments LLCBought 21,828 shares on 5/17/2024Ownership: 0.011%Walleye Trading LLCSold 16,000 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MGY Stock Analysis - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 1 sell rating, 4 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? 9 brokerages have issued 1 year price targets for Magnolia Oil & Gas' shares. Their MGY share price targets range from $22.00 to $35.00. On average, they predict the company's stock price to reach $28.13 in the next twelve months. This suggests a possible upside of 16.0% 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 2024. Since then, MGY stock has increased by 13.9% and is now trading at $24.25. 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, August 6th 2024. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) posted its quarterly earnings data on Tuesday, May, 7th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.05. The business earned $319.42 million during the quarter, compared to analyst estimates of $308.21 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 20.41% and a net margin of 30.46%. 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 Thursday, May 2nd. Stockholders of record on Monday, May 13th will be given a dividend of $0.13 per share on Monday, June 3rd. This represents a $0.52 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Friday, May 10th. 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 2.14%. 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 25.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 22.41% 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), Invesco Energy Exploration & Production ETF (PXE), 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) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.16%), Janus Henderson Group PLC (3.13%), Silvercrest Asset Management Group LLC (2.05%), Wasatch Advisors LP (1.71%), Allspring Global Investments Holdings LLC (1.56%) and Allspring Global Investments Holdings LLC (1.56%). 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 6/10/2024 by MarketBeat.com Staff From Our PartnersIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promi...Smallcaps Daily | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredYou won't believe what Citigroup just did to it's depositorsThe FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st...American Alternative | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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