Roth Capital Forecasts Lower Earnings for Magnolia Oil & Gas

Magnolia Oil & Gas Co. (NYSE:MGY) – Research analysts at Roth Capital reduced their Q1 2026 EPS estimates for Magnolia Oil & Gas in a research note issued to investors on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the company will earn $0.49 per share for the quarter, down from their previous estimate of $0.58. The consensus estimate for Magnolia Oil & Gas’ current full-year earnings is $2.10 per share. Roth Capital also issued estimates for Magnolia Oil & Gas’ Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.59 EPS and FY2026 earnings at $2.08 EPS.

Magnolia Oil & Gas (NYSE:MGY) last announced its earnings results on Tuesday, February 18th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. Magnolia Oil & Gas had a return on equity of 20.74% and a net margin of 27.82%. The company had revenue of $326.61 million during the quarter, compared to the consensus estimate of $327.40 million.

MGY has been the subject of a number of other research reports. Williams Trading set a $29.00 price target on shares of Magnolia Oil & Gas in a research note on Wednesday, March 5th. Bank of America reiterated a “neutral” rating and issued a $28.00 price target (down from $29.00) on shares of Magnolia Oil & Gas in a research note on Monday, January 13th. Johnson Rice cut Magnolia Oil & Gas from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group downgraded Magnolia Oil & Gas from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $27.00 to $26.00 in a report on Friday, January 31st. Finally, Citigroup dropped their price target on Magnolia Oil & Gas from $22.00 to $19.00 and set a “sell” rating on the stock in a research report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Magnolia Oil & Gas has an average rating of “Hold” and a consensus target price of $27.54.

Magnolia Oil & Gas Price Performance

MGY stock opened at $20.28 on Wednesday. The stock’s 50 day moving average is $23.26 and its two-hundred day moving average is $24.80. Magnolia Oil & Gas has a 52-week low of $19.09 and a 52-week high of $29.02. The company has a market capitalization of $3.94 billion, a PE ratio of 10.51, a P/E/G ratio of 3.01 and a beta of 1.57. The company has a quick ratio of 1.47, a current ratio of 1.42 and a debt-to-equity ratio of 0.20.

Institutional Investors Weigh In On Magnolia Oil & Gas

Institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its holdings in shares of Magnolia Oil & Gas by 24.6% in the fourth quarter. First Trust Advisors LP now owns 15,410,496 shares of the company’s stock valued at $360,297,000 after buying an additional 3,038,709 shares during the period. Janus Henderson Group PLC boosted its position in shares of Magnolia Oil & Gas by 11.7% during the 4th quarter. Janus Henderson Group PLC now owns 6,396,875 shares of the company’s stock valued at $149,559,000 after purchasing an additional 667,973 shares in the last quarter. Barclays PLC boosted its position in shares of Magnolia Oil & Gas by 62.5% during the 3rd quarter. Barclays PLC now owns 1,653,736 shares of the company’s stock valued at $40,383,000 after purchasing an additional 636,049 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Magnolia Oil & Gas in the 4th quarter worth approximately $13,634,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Magnolia Oil & Gas by 910.5% in the 4th quarter. Renaissance Technologies LLC now owns 541,400 shares of the company’s stock worth $12,658,000 after purchasing an additional 487,820 shares in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Magnolia Oil & Gas news, CEO Christopher G. Stavros purchased 2,500 shares of the stock in a transaction dated Monday, March 3rd. The shares were bought at an average cost of $22.05 per share, with a total value of $55,125.00. Following the completion of the acquisition, the chief executive officer now owns 892,372 shares of the company’s stock, valued at approximately $19,676,802.60. This trade represents a 0.28 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.20% of the stock is owned by insiders.

Magnolia Oil & Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.96%. This is a positive change from Magnolia Oil & Gas’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, February 14th. Magnolia Oil & Gas’s payout ratio is presently 31.09%.

About Magnolia Oil & Gas

Magnolia 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.