Top-Rated Dividend StocksTop-Rated DividendNYSE:MGY Magnolia Oil & Gas (MGY) Stock Forecast, Price & News $19.90 +0.25 (+1.27%) (As of 05/19/2023 08:48 PM ET) Add Compare Share Share Today's Range$19.67▼$19.9750-Day Range$18.92▼$23.2952-Week Range$18.01▼$30.31Volume1.57 million shsAverage Volume1.92 million shsMarket Capitalization$4.22 billionP/E Ratio4.62Dividend Yield2.31%Price Target$29.86 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnolia Oil & Gas MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside45.1% Upside$28.88 Price TargetShort InterestBearish8.40% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth21.26%From $2.54 to $3.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsOils/Energy Sector68th out of 238 stocksCrude Petroleum & Natural Gas Industry35th out of 75 stocks 3.4 Analyst's Opinion Consensus RatingMagnolia Oil & Gas has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.88, Magnolia Oil & Gas has a forecasted upside of 45.1% from its current price of $19.90.Amount of Analyst CoverageMagnolia Oil & Gas has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.40% of the outstanding shares of Magnolia Oil & Gas have been sold short.Short Interest Ratio / Days to CoverMagnolia Oil & Gas has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in Magnolia Oil & Gas has recently decreased by 3.68%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMagnolia Oil & Gas pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagnolia Oil & Gas has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Magnolia Oil & Gas is 10.67%. 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 14.94% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its 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 1.8 News and Social Media Coverage News SentimentMagnolia Oil & Gas has a news sentiment score of 0.21. 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 lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Magnolia Oil & Gas this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for MGY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Magnolia Oil & Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnolia Oil & Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Magnolia Oil & Gas is held by insiders.Percentage Held by Institutions98.60% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Magnolia Oil & Gas are expected to grow by 21.26% in the coming year, from $2.54 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnolia Oil & Gas is 4.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnolia Oil & Gas is 4.62, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.12.Price to Book Value per Share RatioMagnolia Oil & Gas has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Magnolia Oil & Gas (NYSE:MGY) StockMagnolia 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.Read More 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 MGY Stock News HeadlinesMay 20, 2023 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) Receives Average Rating of "Moderate Buy" from AnalystsMay 19, 2023 | msn.comMizuho Maintains Magnolia Oil & Gas Corp - (MGY) Buy RecommendationMay 22, 2023 | Legacy Research (Affiliate) (Ad)Millionaire Trader Drops Bombshell… “The Only Trade You Will Ever Need”“FORGET 99% of the Stock Market... Trade ONE Stock... ONCE Per Month – Over and Over Again!”May 19, 2023 | finance.yahoo.comWhy We Like The Returns At Magnolia Oil & Gas (NYSE:MGY)May 19, 2023 | americanbankingnews.comPiper Sandler Cuts Magnolia Oil & Gas (NYSE:MGY) Price Target to $33.00May 18, 2023 | markets.businessinsider.comAnalyst Expectations for Magnolia Oil & Gas's FutureMay 9, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Q1 2023 Earnings Call TranscriptMay 9, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Magnolia Oil & Gas Co. Issued By KeyCorp (NYSE:MGY)May 22, 2023 | Legacy Research (Affiliate) (Ad)Millionaire Trader Drops Bombshell… “The Only Trade You Will Ever Need”“FORGET 99% of the Stock Market... Trade ONE Stock... ONCE Per Month – Over and Over Again!”May 9, 2023 | americanbankingnews.comMagnolia Oil & Gas Co. Expected to Post Q3 2023 Earnings of $0.60 Per Share (NYSE:MGY)May 8, 2023 | americanbankingnews.comMagnolia Oil & Gas Co. (NYSE:MGY) to Issue $0.12 Quarterly DividendMay 8, 2023 | americanbankingnews.comTruist Financial Trims Magnolia Oil & Gas (NYSE:MGY) Target Price to $33.00May 7, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Magnolia Oil & Gas Co. (NYSE:MGY) Reduced by AnalystMay 5, 2023 | msn.comTruist Securities Maintains Magnolia Oil & Gas Corp - (MGY) Buy RecommendationMay 5, 2023 | finance.yahoo.comQ1 2023 Magnolia Oil & Gas Corp Earnings CallMay 5, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation (NYSE:MGY) Looks Like A Good Stock, And It's Going Ex-Dividend SoonMay 5, 2023 | msn.comMagnolia Oil & Gas Q1 2023 Earnings PreviewMay 4, 2023 | seekingalpha.comMagnolia Oil & Gas: Now Expected To Generate Over $300 Million FCF At Current StripMay 4, 2023 | msn.comMagnolia Oil & Gas Corp - (MGY) Declares $0.12 DividendMay 4, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Reports Q1 Earnings: What Key Metrics Have to SayMay 3, 2023 | finance.yahoo.comMagnolia Oil & Gas Corporation Announces First Quarter 2023 ResultsMay 2, 2023 | americanbankingnews.comMagnolia Oil & Gas (MGY) to Release Earnings on WednesdayApril 28, 2023 | technews.tmcnet.comGlancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas Corporation (MGY) (f/k/a TPG Pace Energy Holdings Corp.)April 27, 2023 | finance.yahoo.comSouthwestern Energy (SWN) Beats Q1 Earnings and Revenue EstimatesApril 27, 2023 | finance.yahoo.comPioneer Natural Resources (PXD) Surpasses Q1 Earnings EstimatesApril 26, 2023 | finance.yahoo.comEarnings Preview: Magnolia Oil & Gas Corp (MGY) Q1 Earnings Expected to DeclineApril 26, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Magnolia Oil & Gas Co. (NYSE:MGY) Reduced by AnalystSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 MGY Company Calendar Last Earnings10/31/2021Ex-Dividend for 3/1 Dividend2/09/2023Dividend Payable3/01/2023Ex-Dividend for 6/1 Dividend5/10/2023Today5/21/2023Dividend Payable6/01/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:MGY CUSIPN/A CIK1698990 Webwww.magnoliaoilgas.com Phone(713) 842-9050FaxN/AEmployees192Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.88 High Stock Price Forecast$33.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+50.0%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.31 Trailing P/E Ratio4.62 Forward P/E Ratio7.83 P/E GrowthN/ANet Income$893.84 million Net Margins50.72% Pretax Margin58.86% Return on Equity48.98% Return on Assets32.08% Debt Debt-to-Equity Ratio0.22 Current Ratio2.64 Quick Ratio2.64 Sales & Book Value Annual Sales$1.69 billion Price / Sales2.49 Cash Flow$5.08 per share Price / Cash Flow3.92 Book Value$8.34 per share Price / Book2.39Miscellaneous Outstanding Shares211,970,000Free Float209,429,000Market Cap$4.22 billion OptionableOptionable Beta2.15 Key ExecutivesChristopher G. StavrosPresident, Chief Executive Officer & DirectorSteve F. MillicanSenior Vice President-OperationsBrian CoralesSenior VP, Chief Financial & Accounting OfficerTimothy D. YangSecretary, Executive VP-Land & General CounselKey CompetitorsViper Energy PartnersNASDAQ:VNOMDenburyNYSE:DENCrescent Point EnergyNYSE:CPGPermian ResourcesNASDAQ:PRMatador ResourcesNYSE:MTDRView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 9,667 shares on 5/18/2023Ownership: 0.278%Gilder Gagnon Howe & Co. LLCSold 3,188 shares on 5/16/2023Ownership: 0.525%Doheny Asset Management CASold 4,000 shares on 5/16/2023Ownership: 0.025%Stock Yards Bank & Trust Co.Sold 1,500 shares on 5/16/2023Ownership: 0.014%Hancock Whitney CorpSold 886 shares on 5/16/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions MGY Stock - Frequently Asked Questions Should I buy or sell Magnolia Oil & Gas stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MGY shares. View MGY analyst ratings or view top-rated stocks. What is Magnolia Oil & Gas' stock price forecast for 2023? 8 analysts have issued 1-year target prices for Magnolia Oil & Gas' stock. Their MGY share price forecasts range from $22.00 to $33.00. On average, they anticipate the company's share price to reach $28.88 in the next twelve months. This suggests a possible upside of 45.1% 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 2023? Magnolia Oil & Gas' stock was trading at $23.45 on January 1st, 2023. Since then, MGY shares have decreased by 15.1% and is now trading at $19.90. View the best growth stocks for 2023 here. Are investors shorting Magnolia Oil & Gas? Magnolia Oil & Gas saw a drop in short interest in April. As of April 15th, there was short interest totaling 18,490,000 shares, a drop of 6.0% from the March 31st total of 19,660,000 shares. Based on an average trading volume of 2,040,000 shares, the days-to-cover ratio is presently 9.1 days. View Magnolia Oil & Gas' Short Interest. When is Magnolia Oil & Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our MGY earnings forecast. How were Magnolia Oil & Gas' earnings last quarter? Magnolia Oil & Gas Co. (NYSE:MGY) posted its earnings results on Sunday, October, 31st. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The company earned $283.58 million during the quarter, compared to analyst estimates of $278.35 million. Magnolia Oil & Gas had a net margin of 50.72% and a trailing twelve-month return on equity of 48.98%. The company's revenue was up 134.2% on a year-over-year basis. During the same period last year, the firm posted $0.06 earnings per share. 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 Monday, May 1st. Shareholders of record on Thursday, May 11th will be paid a dividend of $0.115 per share on Thursday, June 1st. This represents a $0.46 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Wednesday, May 10th. 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 First Trust Rising Dividend Achievers ETF (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI), Alpha Architect U.S. Quantitative Value ETF (QVAL), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco DWA Energy Momentum ETF (PXI) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). Is Magnolia Oil & Gas a good dividend stock? Magnolia Oil & Gas (NYSE:MGY) pays an annual dividend of $0.46 per share and currently has a dividend yield of 2.34%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGY will have a dividend payout ratio of 14.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGY. 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 Norwegian Cruise Line (NCLH). What is Magnolia Oil & Gas' stock symbol? Magnolia Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGY." Who are Magnolia Oil & Gas' major shareholders? Magnolia Oil & Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.78%), First Trust Advisors LP (4.21%), FMR LLC (3.31%), Wellington Management Group LLP (3.30%), State Street Corp (2.95%) and Victory Capital Management Inc. (2.30%). Insiders that own company stock include John B Walker, John B Walker, Ltd Enervest, Stephen I Chazen 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Magnolia Oil & Gas' stock price today? One share of MGY stock can currently be purchased for approximately $19.90. How much money does Magnolia Oil & Gas make? Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $4.22 billion and generates $1.69 billion in revenue each year. The company earns $893.84 million in net income (profit) each year or $4.31 on an earnings per share basis. How many employees does Magnolia Oil & Gas have? The company employs 192 workers across the globe. How can I contact Magnolia Oil & Gas? Magnolia Oil & Gas' mailing address is NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046. The official website for the company is www.magnoliaoilgas.com. The company can be reached via phone at (713) 842-9050 or via email at bcorales@mgyoil.com. This page (NYSE:MGY) was last updated on 5/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Magnolia Oil & Gas Co. 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