What is Zacks Research’s Estimate for MGY FY2025 Earnings?

Magnolia Oil & Gas Corp (NYSE:MGY) – Equities researchers at Zacks Research lifted their FY2025 EPS estimates for Magnolia Oil & Gas in a report released on Wednesday, August 13th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $1.82 per share for the year, up from their prior estimate of $1.76. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share. Zacks Research also issued estimates for Magnolia Oil & Gas’ Q2 2026 earnings at $0.43 EPS.

Several other analysts have also commented on the stock. Bank of America increased their price target on shares of Magnolia Oil & Gas from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, May 23rd. Piper Sandler upped their price objective on shares of Magnolia Oil & Gas from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Citigroup restated a “sell” rating on shares of Magnolia Oil & Gas in a report on Thursday, July 10th. Wells Fargo & Company cut their price objective on shares of Magnolia Oil & Gas from $22.00 to $21.00 and set an “underweight” rating on the stock in a report on Monday, June 16th. Finally, Susquehanna cut their price objective on shares of Magnolia Oil & Gas from $31.00 to $30.00 and set a “positive” rating on the stock in a report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.67.

Magnolia Oil & Gas Stock Down 0.9%

NYSE:MGY opened at $23.58 on Friday. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-year high of $29.02. The company has a 50-day moving average of $23.54 and a 200 day moving average of $22.96. The firm has a market cap of $4.50 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 3.04 and a beta of 1.31. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.44 and a quick ratio of 1.44.

Magnolia Oil & Gas (NYSE:MGY) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. Magnolia Oil & Gas had a net margin of 27.57% and a return on equity of 19.34%. The company had revenue of $318.98 million during the quarter, compared to analyst estimates of $311.58 million. During the same period in the prior year, the firm earned $0.51 earnings per share. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year.

Magnolia Oil & Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, August 11th. Magnolia Oil & Gas’s dividend payout ratio is currently 31.41%.

Institutional Investors Weigh In On Magnolia Oil & Gas

Several hedge funds have recently bought and sold shares of the stock. State of Wyoming boosted its position in Magnolia Oil & Gas by 8.2% in the 1st quarter. State of Wyoming now owns 5,777 shares of the company’s stock worth $146,000 after purchasing an additional 440 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of Magnolia Oil & Gas by 3.0% during the 4th quarter. OneDigital Investment Advisors LLC now owns 15,768 shares of the company’s stock valued at $369,000 after buying an additional 464 shares in the last quarter. Vista Finance LLC lifted its position in shares of Magnolia Oil & Gas by 4.0% during the 2nd quarter. Vista Finance LLC now owns 12,134 shares of the company’s stock valued at $273,000 after buying an additional 471 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Magnolia Oil & Gas by 1.2% during the 2nd quarter. ProShare Advisors LLC now owns 41,617 shares of the company’s stock valued at $936,000 after buying an additional 495 shares in the last quarter. Finally, Summit Investment Advisors Inc. lifted its position in shares of Magnolia Oil & Gas by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 18,119 shares of the company’s stock valued at $424,000 after buying an additional 574 shares in the last quarter. Hedge funds and other institutional investors 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.