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NYSE:MGY

Magnolia Oil & Gas (MGY) Price Target & Analyst Ratings

$19.90

+0.25 (+1.27%)

(As of 05/19/2023 08:48 PM ET)

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Today's Range: $19.67
▼
$19.97
50-Day Range: $18.92
▼
$23.29
52-Week Range: $18.01
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$30.31

Volume: 1.57 million shs
Average Volume: 1.92 million shs
Market Capitalization: $4.22 billion

P/E Ratio: 4.62
Dividend Yield: 2.31%
Price Target: $29.86

Magnolia Oil & Gas Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$28.88
45.10% Upside

High Prediction	$33.00
Average Prediction	$28.88
Low Prediction	$22.00

Type	Current 5/22/22 to 5/22/23	1 Month Ago 4/22/22 to 4/22/23	3 Months Ago 2/21/22 to 2/21/23	1 Year Ago 5/22/21 to 5/22/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$28.88	$30.22	$31.00	$25.95
Predicted Upside	45.10% Upside	33.16% Upside	38.24% Upside	22.33% Upside

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MGY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Magnolia Oil & Gas Stock vs. The Competition

Type	Magnolia Oil & Gas	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.88	2.61	2.48
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	45.10% Upside	181.90% Upside	29.67% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$25.00 ➝ $22.00	+10.55%
5/19/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$29.00 ➝ $28.00	+42.49%
5/18/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$34.00 ➝ $33.00	+68.28%
5/5/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$36.00 ➝ $33.00	+64.75%
2/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$28.00 ➝ $29.00	+36.60%
2/14/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
11/3/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$28.00 ➝ $30.00	+20.05%
7/20/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$26.00	+19.49%
7/11/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$29.00 ➝ $30.00	+48.51%

(Data available from 5/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MGY Price Target - Frequently Asked Questions

What is Magnolia Oil & Gas's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Magnolia Oil & Gas stock is Moderate Buy based on the current 1 hold rating and 7 buy ratings for MGY. The average twelve-month price prediction for Magnolia Oil & Gas is $28.88 with a high price target of $33.00 and a low price target of $22.00. Learn more on MGY's analyst rating history.
Do Wall Street analysts like Magnolia Oil & Gas more than its competitors?: Analysts like Magnolia Oil & Gas more than other Oils/Energy companies. The consensus rating for Magnolia Oil & Gas is Moderate Buy while the average consensus rating for oils/energy companies is Buy. Learn more on how MGY compares to other companies.
Does Magnolia Oil & Gas's stock price have much upside?: According to analysts, Magnolia Oil & Gas's stock has a predicted upside of 33.84% based on their 12-month price targets.

What analysts cover Magnolia Oil & Gas?: Magnolia Oil & Gas has been rated by Citigroup, Mizuho, Piper Sandler, and Truist Financial in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:MGY) was last updated on 5/22/2023 by MarketBeat.com Staff

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