Shares of Magnolia Oil & Gas Corp (NYSE:MGY – Get Free Report) have been assigned a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $26.6667.
A number of brokerages recently weighed in on MGY. Bank of America upgraded shares of Magnolia Oil & Gas from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $26.00 to $28.00 in a report on Friday. Mizuho set a $29.00 price target on shares of Magnolia Oil & Gas in a research note on Friday, December 12th. BMO Capital Markets initiated coverage on Magnolia Oil & Gas in a report on Friday, January 9th. They issued an “outperform” rating and a $27.00 price target for the company. Zacks Research downgraded Magnolia Oil & Gas from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Magnolia Oil & Gas in a report on Wednesday, October 8th.
Check Out Our Latest Stock Report on MGY
Institutional Investors Weigh In On Magnolia Oil & Gas
Magnolia Oil & Gas Trading Up 0.5%
Shares of NYSE MGY opened at $22.60 on Monday. Magnolia Oil & Gas has a fifty-two week low of $19.09 and a fifty-two week high of $26.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 3.45 and a beta of 0.92. The business’s 50 day moving average price is $22.47 and its 200-day moving average price is $23.20.
Magnolia Oil & Gas (NYSE:MGY – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.41 EPS for the quarter, meeting the consensus estimate of $0.41. Magnolia Oil & Gas had a return on equity of 18.10% and a net margin of 25.90%.The company had revenue of $324.94 million for the quarter, compared to the consensus estimate of $322.52 million. During the same quarter in the prior year, the company posted $0.52 EPS. Magnolia Oil & Gas’s quarterly revenue was down 2.5% on a year-over-year basis. On average, sell-side analysts expect that Magnolia Oil & Gas will post 2.1 earnings per share for the current year.
Magnolia Oil & Gas Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, November 10th. Magnolia Oil & Gas’s dividend payout ratio is presently 33.52%.
Key Magnolia Oil & Gas News
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).
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