KeyCorp Predicts Lower Earnings for Magnolia Oil & Gas

Magnolia Oil & Gas Corp (NYSE:MGY) – Equities researchers at KeyCorp decreased their FY2025 earnings estimates for Magnolia Oil & Gas in a research report issued to clients and investors on Thursday, January 15th. KeyCorp analyst T. Rezvan now forecasts that the company will earn $1.73 per share for the year, down from their previous forecast of $1.80. KeyCorp currently has a “Overweight” rating and a $29.00 target price on the stock. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share. KeyCorp also issued estimates for Magnolia Oil & Gas’ Q4 2025 earnings at $0.35 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.43 EPS, FY2026 earnings at $1.86 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.52 EPS, Q3 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.59 EPS and FY2027 earnings at $2.18 EPS.

A number of other equities research analysts also recently weighed in on MGY. BMO Capital Markets began coverage on Magnolia Oil & Gas in a report on Friday, January 9th. They issued an “outperform” rating and a $27.00 target price for the company. Citigroup raised shares of Magnolia Oil & Gas from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $19.00 to $25.00 in a research report on Wednesday, January 14th. Piper Sandler dropped their target price on shares of Magnolia Oil & Gas from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. UBS Group reissued a “buy” rating and set a $29.00 target price on shares of Magnolia Oil & Gas in a research note on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Magnolia Oil & Gas in a research note on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.67.

Magnolia Oil & Gas Stock Up 0.5%

Shares of NYSE:MGY opened at $22.60 on Monday. Magnolia Oil & Gas has a 1 year low of $19.09 and a 1 year high of $26.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.47 and a quick ratio of 1.47. The business’s 50-day moving average is $22.47 and its 200-day moving average is $23.20. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 3.52 and a beta of 0.92.

Magnolia Oil & Gas (NYSE:MGY) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.41 EPS for the quarter, meeting analysts’ consensus estimates of $0.41. Magnolia Oil & Gas had a net margin of 25.90% and a return on equity of 18.10%. The business had revenue of $324.94 million for the quarter, compared to analysts’ expectations of $322.52 million. During the same quarter in the prior year, the firm posted $0.52 earnings per share. The business’s quarterly revenue was down 2.5% compared to the same quarter last year.

Institutional Inflows and Outflows

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

Magnolia Oil & Gas Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Monday, November 10th. This represents a $0.60 annualized dividend and a yield of 2.7%. Magnolia Oil & Gas’s dividend payout ratio is presently 33.52%.

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).