Zacks Research Has Pessimistic Outlook of MGY Q1 Earnings

Magnolia Oil & Gas Corp (NYSE:MGY) – Stock analysts at Zacks Research reduced their Q1 2027 earnings estimates for Magnolia Oil & Gas in a research report issued on Tuesday, January 13th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.50 per share for the quarter, down from their prior forecast of $0.51. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share.

Other research analysts have also recently issued research reports about the stock. KeyCorp set a $29.00 price objective on shares of Magnolia Oil & Gas and gave the company an “overweight” rating in a report on Wednesday, October 15th. BMO Capital Markets assumed coverage on Magnolia Oil & Gas in a research note on Friday, January 9th. They issued an “outperform” rating and a $27.00 price target on the stock. Mizuho set a $29.00 price target on shares of Magnolia Oil & Gas in a research note on Friday, December 12th. UBS Group restated a “buy” rating and issued a $29.00 price target on shares of Magnolia Oil & Gas in a research report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Magnolia Oil & Gas in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Magnolia Oil & Gas presently has an average rating of “Hold” and a consensus price target of $26.42.

Magnolia Oil & Gas Stock Up 1.6%

Shares of MGY stock opened at $22.86 on Thursday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.20. The stock has a market cap of $4.31 billion, a P/E ratio of 12.77, a P/E/G ratio of 3.43 and a beta of 0.92. The stock has a 50 day moving average of $22.44 and a 200 day moving average of $23.21. Magnolia Oil & Gas has a twelve month low of $19.09 and a twelve month high of $26.84.

Magnolia Oil & Gas (NYSE:MGY) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.41 earnings per share for the quarter, hitting 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 period last year, the firm earned $0.52 EPS. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year.

Institutional Trading of Magnolia Oil & Gas

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Magnolia Oil & Gas by 236.2% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,190 shares of the company’s stock valued at $27,000 after acquiring an additional 836 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Magnolia Oil & Gas during the second quarter worth $30,000. Mather Group LLC. purchased a new stake in Magnolia Oil & Gas in the third quarter valued at $31,000. EverSource Wealth Advisors LLC lifted its stake in shares of Magnolia Oil & Gas by 165.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company’s stock valued at $31,000 after purchasing an additional 864 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Magnolia Oil & Gas by 90.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,212 shares of the company’s stock worth $50,000 after purchasing an additional 1,051 shares during the period. Institutional investors and hedge funds own 94.73% of the company’s stock.

Magnolia Oil & Gas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. Magnolia Oil & Gas’s dividend payout ratio is 33.52%.

Magnolia Oil & Gas News Summary

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

• Positive Sentiment: Citi upgraded MGY from “neutral” to “buy” and raised its price target to $25 (from $19), implying roughly mid‑single‑digit upside from current levels — a supportive catalyst for shares if investors follow the bank’s view on Giddings success and growth potential. Benzinga: Citi Upgrade
• Negative Sentiment: Zacks Research downgraded MGY to “Strong Sell” and trimmed EPS forecasts across Q2–Q4 2026 and FY2026–FY2027 (small cuts to quarterly and annual estimates). The repeated revisions and bearish rating increase downside risk by weakening near‑term earnings visibility and investor sentiment. Zacks: Estimates & Rating Change

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).