KeyCorp Decreases Earnings Estimates for Magnolia Oil & Gas

Magnolia Oil & Gas Corp (NYSE:MGY) – Research analysts at KeyCorp cut their FY2025 earnings per share (EPS) estimates for Magnolia Oil & Gas in a research note issued on Thursday, January 15th. KeyCorp analyst T. Rezvan now expects that the company will post earnings of $1.73 per share for the year, down from their previous forecast of $1.80. KeyCorp has a “Overweight” rating and a $29.00 price objective on the stock. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share. KeyCorp also issued estimates for Magnolia Oil & Gas’ Q4 2025 earnings at $0.35 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.43 EPS, FY2026 earnings at $1.86 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.52 EPS, Q3 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.59 EPS and FY2027 earnings at $2.18 EPS.

Magnolia Oil & Gas (NYSE:MGY) last announced its earnings results on Wednesday, October 29th. The company reported $0.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.41. Magnolia Oil & Gas had a net margin of 25.90% and a return on equity of 18.10%. The business had revenue of $324.94 million for the quarter, compared to analyst estimates of $322.52 million. During the same period last year, the firm posted $0.52 earnings per share. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the stock. Zacks Research cut shares of Magnolia Oil & Gas from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Citigroup raised Magnolia Oil & Gas from a “neutral” rating to a “buy” rating and upped their price objective for the company from $19.00 to $25.00 in a research note on Wednesday, January 14th. UBS Group reaffirmed a “buy” rating and set a $29.00 price objective on shares of Magnolia Oil & Gas in a research report on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Magnolia Oil & Gas in a report on Wednesday, October 8th. Finally, BMO Capital Markets assumed coverage on Magnolia Oil & Gas in a research note on Friday, January 9th. They set an “outperform” rating and a $27.00 price target for the company. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $26.67.

Magnolia Oil & Gas Stock Up 0.5%

Shares of NYSE:MGY opened at $22.60 on Monday. Magnolia Oil & Gas has a 1-year low of $19.09 and a 1-year high of $26.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market cap of $4.26 billion, a P/E ratio of 12.63, a P/E/G ratio of 3.45 and a beta of 0.92. The firm has a fifty day moving average price of $22.47 and a 200 day moving average price of $23.20.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. American Century Companies Inc. lifted its holdings in Magnolia Oil & Gas by 12.9% in the second quarter. American Century Companies Inc. now owns 11,861,231 shares of the company’s stock valued at $266,641,000 after acquiring an additional 1,358,878 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Magnolia Oil & Gas by 4.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,369,713 shares of the company’s stock valued at $152,051,000 after purchasing an additional 283,444 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Magnolia Oil & Gas by 2.2% in the third quarter. Wellington Management Group LLP now owns 5,225,168 shares of the company’s stock valued at $124,725,000 after purchasing an additional 113,458 shares during the period. Geode Capital Management LLC lifted its stake in shares of Magnolia Oil & Gas by 5.6% in the second quarter. Geode Capital Management LLC now owns 4,531,855 shares of the company’s stock valued at $101,895,000 after purchasing an additional 238,356 shares during the period. Finally, TD Asset Management Inc boosted its holdings in Magnolia Oil & Gas by 55.7% during the third quarter. TD Asset Management Inc now owns 4,478,361 shares of the company’s stock worth $106,898,000 after buying an additional 1,601,809 shares in the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Magnolia Oil & Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were paid a $0.15 dividend. The ex-dividend date was Monday, November 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.7%. Magnolia Oil & Gas’s payout ratio is 33.52%.

Magnolia Oil & Gas News Roundup

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

• Positive Sentiment: Bank of America upgraded MGY to a Buy, which likely boosted demand for the shares and helped push the stock higher. Article Title
• Positive Sentiment: KeyCorp raised its FY2027 EPS forecast to $2.18 (from $2.10) and nudged several 2027 quarterly estimates higher (Q1–Q4 2027 increases), signaling improved longer‑term earnings visibility and supporting upside to the stock and its $29 price target.
• Neutral Sentiment: KeyCorp reiterated an “Overweight” rating and a $29 price objective — constructive endorsement but already priced into market expectations given the repeated coverage.
• Negative Sentiment: KeyCorp trimmed several near‑term estimates: cuts to Q4 2025 (to $0.35 from $0.42), Q1 2026 (to $0.42 from $0.48), Q2 2026 (to $0.43 from $0.45), FY2025 (to $1.73 from $1.80) and FY2026 (to $1.86 from $1.92). These downgrades to nearer‑term outlook could temper investor enthusiasm and add short‑term downside risk.

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).