Zacks Research Has Negative Estimate for MGY Q1 Earnings

Magnolia Oil & Gas Corp (NYSE:MGY) – Analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for Magnolia Oil & Gas in a research note issued on Thursday, February 19th. Zacks Research analyst Team now forecasts that the company will earn $0.33 per share for the quarter, down from their prior estimate of $0.39. Zacks Research currently has a “Hold” rating on the stock. 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 $0.31 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.40 EPS, FY2026 earnings at $1.41 EPS, Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.47 EPS, FY2027 earnings at $1.78 EPS and FY2028 earnings at $2.09 EPS.

Several other research firms also recently issued reports on MGY. BMO Capital Markets initiated coverage on shares of Magnolia Oil & Gas in a report on Friday, January 9th. They set an “outperform” rating and a $27.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Magnolia Oil & Gas in a research note on Thursday, January 22nd. UBS Group reiterated a “buy” rating and set a $29.00 price objective on shares of Magnolia Oil & Gas in a research note on Friday, January 9th. Benchmark reissued a “hold” rating on shares of Magnolia Oil & Gas in a report on Wednesday, January 21st. Finally, Citigroup upped their target price on Magnolia Oil & Gas from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.58.

Magnolia Oil & Gas Trading Up 0.0%

Magnolia Oil & Gas stock opened at $27.08 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a market cap of $5.11 billion, a PE ratio of 15.75 and a beta of 0.96. The stock has a 50-day moving average of $23.79 and a two-hundred day moving average of $23.56. Magnolia Oil & Gas has a one year low of $19.09 and a one year high of $27.47.

Magnolia Oil & Gas (NYSE:MGY) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Magnolia Oil & Gas had a return on equity of 16.67% and a net margin of 24.79%.The firm had revenue of $317.63 million during the quarter, compared to analysts’ expectations of $322.18 million. During the same quarter last year, the firm earned $0.44 EPS. The business’s quarterly revenue was down 2.8% on a year-over-year basis.

Magnolia Oil & Gas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 10th will be issued a $0.165 dividend. This is an increase from Magnolia Oil & Gas’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $0.66 annualized dividend and a dividend yield of 2.4%. Magnolia Oil & Gas’s payout ratio is currently 38.37%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV purchased a new stake in Magnolia Oil & Gas in the fourth quarter valued at $260,000. Caitlin John LLC acquired a new position in shares of Magnolia Oil & Gas in the 4th quarter valued at about $329,000. Empowered Funds LLC boosted its stake in shares of Magnolia Oil & Gas by 111.4% in the fourth quarter. Empowered Funds LLC now owns 146,186 shares of the company’s stock worth $3,200,000 after buying an additional 77,025 shares during the last quarter. XTX Topco Ltd boosted its stake in shares of Magnolia Oil & Gas by 599.0% in the fourth quarter. XTX Topco Ltd now owns 219,040 shares of the company’s stock worth $4,795,000 after buying an additional 187,703 shares during the last quarter. Finally, Voloridge Investment Management LLC grew its holdings in Magnolia Oil & Gas by 116.4% during the fourth quarter. Voloridge Investment Management LLC now owns 969,487 shares of the company’s stock worth $21,222,000 after acquiring an additional 521,459 shares during the period. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Trending Headlines about Magnolia Oil & Gas

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

• Positive Sentiment: Q4 2025 beat — Magnolia reported better-than-expected Q4 results, which provides near-term earnings support and a positive data point for valuation and dividend/cash-flow expectations. Article Title
• Neutral Sentiment: Zacks retains a “Hold” rating — Zacks did not upgrade to Buy; the firm’s view is cautious, so there’s no outright bullish endorsement to push the stock higher despite the Q4 beat.
• Negative Sentiment: Multiple EPS downgrades — Zacks cut many quarterly and full‑year estimates (examples: FY2026 to $1.41 from $1.60; FY2027 to $1.78 from $1.96; several 2026 and 2027 quarterly EPS cuts such as Q1 2026 0.39→0.33, Q2 2026 0.36→0.31, Q2 2027 0.49→0.43). These reductions signal weaker near-term earnings expectations and create downward pressure on the stock’s outlook and valuation.

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).