Magnolia Oil & Gas (MGY)
NYSE:MGY
US Market

Magnolia Oil & Gas (MGY) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MGY Analyst Ratings

Moderate Buy
6Ratings
4 Buy
2 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Magnolia
Oil & Gas
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MGY Stock 12 Months Forecast

Average Price Target

$31.50
▲(25.60% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Magnolia Oil & Gas in the last 3 months. The average price target is $31.50 with a high forecast of $39.00 and a low forecast of $25.00. The average price target represents a 25.60% change from the last price of $25.08.
Highest Price Target$39.00Average Price Target$31.50Lowest Price Target$25.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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MKM Partners
$26.00
Buy
3.67%
Upside
Initiated
Magnolia Oil & Gas assumed with a Buy at MKM PartnersMagnolia Oil & Gas assumed with a Buy at MKM Partners
Mizuho Securities
$30.00
Hold
19.62%
Upside
Reiterated
Magnolia Oil & Gas (MGY) Receives a Rating Update from a Top Analyst
Evercore ISI
$30.00
Buy
19.62%
Upside
Reiterated
Analysts Conflicted on These Utilities Names: Pinnacle West Capital (NYSE: PNW) and Magnolia Oil & Gas (NYSE: MGY)
Susquehanna
$29.00
Buy
15.63%
Upside
Reiterated
Magnolia Oil & Gas price target raised to $29 from $24 at SusquehannaMagnolia Oil & Gas price target raised to $29 from $24 at Susquehanna
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MGY Financial Forecast

MGY Earnings Forecast
Next quarter’s earnings estimate for MGY is $1.02 with a range of $0.79 to $1.27. The previous quarter’s EPS was $1.29. MGY beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.91% of the time in the same period. In the last calendar year MGY has Outperformed its overall industry.
Next quarter’s earnings estimate for MGY is $1.02 with a range of $0.79 to $1.27. The previous quarter’s EPS was $1.29. MGY beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.91% of the time in the same period. In the last calendar year MGY has Outperformed its overall industry.
MGY Sales Forecast
Next quarter’s sales forecast for MGY is $420.36M with a range of $380.00M to $458.90M. The previous quarter’s sales results were $482.96M. MGY beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 81.44% of the time in the same period. In the last calendar year MGY has Outperformed its overall industry.
Next quarter’s sales forecast for MGY is $420.36M with a range of $380.00M to $458.90M. The previous quarter’s sales results were $482.96M. MGY beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 81.44% of the time in the same period. In the last calendar year MGY has Outperformed its overall industry.
MGY Analyst Recommendation Trends
In the current month, MGY has received 4 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MGY average analyst price target in the past 3 months is $31.50
In the current month, MGY has received 4 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MGY average analyst price target in the past 3 months is $31.50

MGY Stock Forecast FAQ

What is MGY’s average 12-month price target, according to analysts?
Based on analyst ratings, Magnolia Oil & Gas’s 12-month average price target is $31.50.
    What is MGY’s upside potential, based on the analysts’ average price target?
    Magnolia Oil & Gas has 25.60% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MGY a Buy, Sell or Hold?
          Magnolia Oil & Gas has a conensus rating of Moderate Buy which is based on 4 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Magnolia Oil & Gas’s price target?
            The average price target for Magnolia Oil & Gas is $31.50. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $39.00 ,the lowest forecast is $25.00. The average price target represents 25.60% Increase from the current price of $25.08.
              What do analysts say about Magnolia Oil & Gas?
              Magnolia Oil & Gas’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts.

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