NYSE:MGY - Magnolia Oil & Gas Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.50
  • Forecasted Upside: -18.73 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$14.15
▼ -0.76 (-5.10%)
1 month | 3 months | 12 months
Get New Magnolia Oil & Gas Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MGY and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MGY

Average Price Target: $11.50
▼ -18.73% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Magnolia Oil & Gas in the last 3 months. The average price target is $11.50, with a high forecast of $17.00 and a low forecast of $7.00. The average price target represents a -18.73% upside from the last price of $14.15.

Buy

The current consensus among 12 contributing investment analysts is to buy stock in Magnolia Oil & Gas. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/25/2019
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/24/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/22/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/20/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/19/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/19/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/18/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/17/2021KeyCorpBoost Price TargetOverweight$16.00 ➝ $17.00High
6/3/2021KeyCorpBoost Price TargetOverweight$15.00 ➝ $16.00Low
5/27/2021Piper SandlerUpgradeNeutral ➝ Overweight$13.00 ➝ $16.00Medium
5/19/2021Wells Fargo & CompanyBoost Price TargetOverweight$15.00 ➝ $16.00Medium
4/9/2021KeyCorpBoost Price TargetOverweight$14.00 ➝ $15.00Low
4/5/2021Siebert Williams ShankInitiated CoverageBuy$14.00High
3/11/2021CitigroupInitiated CoverageNeutral$13.00Low
3/11/2021KeyCorpBoost Price TargetOverweight$13.00 ➝ $14.00Medium
2/25/2021Credit Suisse GroupBoost Price TargetNeutral$9.00 ➝ $11.00High
1/21/2021KeyCorpBoost Price TargetOverweight$9.00 ➝ $10.00High
1/7/2021KeyCorpBoost Price TargetOverweight$8.00 ➝ $9.00N/A
11/30/2020MKM PartnersDowngradeBuy ➝ Neutral$6.00 ➝ $7.00High
11/18/2020Piper SandlerBoost Price TargetNeutral$5.00 ➝ $6.00High
11/9/2020Credit Suisse GroupLower Price TargetNeutral$7.00 ➝ $6.00Low
11/6/2020Northland SecuritiesUpgradeMarket Perform ➝ OutperformHigh
10/22/2020Piper SandlerLower Price TargetNeutral$8.00 ➝ $5.00High
10/20/2020KeyCorpLower Price TargetOverweight$9.00 ➝ $8.00Medium
8/27/2020BarclaysUpgradeEqual Weight ➝ Overweight$7.00 ➝ $8.00High
8/13/2020The Goldman Sachs GroupInitiated CoverageBuy$8.00Low
8/6/2020Northland SecuritiesInitiated CoverageHold$7.50High
7/27/2020Seaport Global SecuritiesInitiated CoverageNeutralHigh
7/20/2020Northland SecuritiesBoost Price TargetMarket Perform$5.00 ➝ $7.50Low
7/17/2020KeyCorpBoost Price TargetOverweight$8.00 ➝ $9.00Medium
7/13/2020ScotiabankBoost Price TargetSector Outperform$7.50 ➝ $9.00High
6/4/2020MKM PartnersInitiated CoverageBuy$7.00High
5/13/2020SunTrust BanksLower Price TargetHold$7.00 ➝ $6.00High
5/12/2020R. F. LaffertyLower Price TargetBuy$10.00 ➝ $6.00High
5/6/2020ScotiabankInitiated CoverageBuy$7.50High
3/31/2020R. F. LaffertyLower Price TargetBuy$19.00 ➝ $10.00Medium
3/26/2020KeyCorpLower Price TargetOverweight$9.00 ➝ $8.00High
3/24/2020BarclaysDowngradeOverweight ➝ Equal Weight$7.00High
3/19/2020Credit Suisse GroupInitiated CoverageHold$7.00Low
3/13/2020Northland SecuritiesDowngradeOutperform ➝ HoldLow
3/10/2020Wells Fargo & CompanyLower Price TargetOverweight$15.00 ➝ $10.00High
3/9/2020Piper SandlerDowngradeOverweight ➝ NeutralHigh
3/9/2020SunTrust BanksDowngradeBuy ➝ HoldHigh
1/22/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
11/27/2019KeyCorpInitiated CoverageOverweight$14.00Low
11/19/2019Johnson RiceDowngradeBuy ➝ AccumulateLow
11/18/2019KeyCorpInitiated CoverageOverweight$14.00High
9/30/2019Piper Jaffray CompaniesLower Price TargetOverweight$14.00 ➝ $13.00Low
9/23/2019CitigroupBoost Price TargetNeutral$11.50 ➝ $12.00Low
8/30/2019BarclaysInitiated CoverageOverweight$13.00Low
8/7/2019R. F. LaffertySet Price TargetBuy$20.00Low
7/8/2019Piper Jaffray CompaniesInitiated CoverageOverweight ➝ Overweight$14.00High
5/20/2019Wells Fargo & CompanyInitiated CoverageOutperform ➝ Outperform$16.00Low
4/9/2019JPMorgan Chase & Co.Initiated CoverageOverweight ➝ Overweight$16.00High
4/1/2019Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$15.00High
2/26/2019OppenheimerSet Price TargetBuy$15.00Medium
2/26/2019Northland SecuritiesReiterated RatingBuy$19.00Medium
2/2/2019OppenheimerInitiated CoverageBuy$15.00Low
1/17/2019R. F. LaffertyInitiated CoverageBuy$17.00Low
1/9/2019Susquehanna BancsharesInitiated CoveragePositive ➝ Positive$16.00High
1/9/2019CitigroupInitiated CoveragePositive$16.00Medium
1/8/2019OppenheimerInitiated CoverageOutperform$15.00Low
1/7/2019Johnson RiceInitiated CoverageBuy ➝ Buy$17.00Low
11/30/2018CitigroupInitiated CoverageNeutral ➝ Neutral$13.00High
10/25/2018Mitsubishi UFJ Financial GroupReiterated RatingOverweightMedium
8/22/2018Imperial CapitalReiterated RatingOutperform ➝ Buy$16.00 ➝ $18.00High
8/15/2018Imperial CapitalReiterated RatingOutperform$16.00 ➝ $18.00Low
8/2/2018SunTrust BanksInitiated CoverageBuyN/A
8/1/2018Imperial CapitalInitiated CoverageBuy$16.00N/A
(Data available from 6/18/2016 forward)
Magnolia Oil & Gas logo
Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2020, its assets consisted of a total leasehold position of 460,398 net acres, including 23,513 net acres in Karnes, Gonzales, DeWitt, and Atascosa counties, Texas; 436,885 net acres in the Giddings Field located in Austin, Brazos, Burleson, Fayette, Lee, Grimes, Montgomery, and Washington Counties, Texas; and approximately 1,160 net wells with a total production capacity of 61.8 thousand barrels of oil equivalent per day. The company is headquartered in Houston, Texas.
Read More

Today's Range

Now: $14.15
Low: $13.53
High: $14.35

50 Day Range

MA: $12.51
Low: $10.66
High: $15.98

52 Week Range

Now: $14.15
Low: $4.09
High: $16.15

Volume

5,627,481 shs

Average Volume

2,147,820 shs

Market Capitalization

$3.43 billion

P/E Ratio

30.11

Dividend Yield

N/A

Beta

2.61

Frequently Asked Questions

What sell-side analysts currently cover shares of Magnolia Oil & Gas?

The following sell-side analysts have issued reports on Magnolia Oil & Gas in the last twelve months: Barclays PLC, Citigroup Inc., Credit Suisse Group AG, KeyCorp, MKM Partners, Northland Securities, Piper Sandler, Scotiabank, Seaport Global Securities, Siebert Williams Shank, The Goldman Sachs Group, Inc., TheStreet, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for MGY.

What is the current price target for Magnolia Oil & Gas?

11 Wall Street analysts have set twelve-month price targets for Magnolia Oil & Gas in the last year. Their average twelve-month price target is $11.50, suggesting a possible downside of 18.7%. KeyCorp has the highest price target set, predicting MGY will reach $17.00 in the next twelve months. MKM Partners has the lowest price target set, forecasting a price of $7.00 for Magnolia Oil & Gas in the next year.
View the latest price targets for MGY.

What is the current consensus analyst rating for Magnolia Oil & Gas?

Magnolia Oil & Gas currently has 4 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MGY will outperform the market and that investors should add to their positions of Magnolia Oil & Gas.
View the latest ratings for MGY.

What other companies compete with Magnolia Oil & Gas?

How do I contact Magnolia Oil & Gas' investor relations team?

Magnolia Oil & Gas' physical mailing address is NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046. The company's listed phone number is 713-842-9050 and its investor relations email address is [email protected] The official website for Magnolia Oil & Gas is www.magnoliaoilgas.com.