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NYSE: MGY
Magnolia Oil & Gas Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MGY

Based on 4 analysts offering 12 month price targets for Magnolia Oil & Gas Corp.
Min Forecast
$24.00+11.78%
Avg Forecast
$25.88+20.52%
Max Forecast
$29.00+35.07%

Should I buy or sell MGY stock?

Based on 4 analysts offering ratings for Magnolia Oil & Gas Corp.
Buy
Strong Buy
2 analysts 50%
Buy
0 analysts 0%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MGY stock forecasts and price targets.

MGY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-09
lockedlocked$00.00+00.00%2023-09-06
lockedlocked$00.00+00.00%2023-09-06Find Out Why
lockedlocked$00.00+00.00%2023-06-14

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Forecast return on equity

Is MGY forecast to generate an efficient return?
Company
N/A
Industry
5.41%
Market
39.73%

Forecast return on assets

Is MGY forecast to generate an efficient return on assets?
Company
N/A
Industry
2.93%

MGY revenue forecast

What is MGY's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.3B+0.01%
Avg 2 year Forecast
$1.4B+13.57%
Avg 3 year Forecast
$1.4B+9.65%
MGY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGY earnings growth forecast

How is MGY forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
27.67%
Industry
17.93%
Market
21.3%
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGY revenue growth forecast

How is MGY forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
4.62%
Industry
1.41%
Market
6.55%
MGY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGY vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
MGY$21.65$25.88+19.52%Buy
SM$37.33$45.60+22.15%Buy
BSM$17.62$19.00+7.83%Buy
NOG$37.15$50.00+34.59%Strong Buy
CPG$6.98$14.75+111.32%Buy
View Top Oil and Gas Stocks

Magnolia Oil & Gas Stock Forecast FAQ

Is Magnolia Oil & Gas Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: MGY) stock is to Buy MGY stock.

Out of 4 analysts, 2 (50%) are recommending MGY as a Strong Buy, 0 (0%) are recommending MGY as a Buy, 2 (50%) are recommending MGY as a Hold, 0 (0%) are recommending MGY as a Sell, and 0 (0%) are recommending MGY as a Strong Sell.

If you're new to stock investing, here's how to buy Magnolia Oil & Gas stock.

What is MGY's revenue growth forecast for 2023-2025?

(NYSE: MGY) Magnolia Oil & Gas's forecast annual revenue growth rate of 4.62% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 1.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.55%.

Magnolia Oil & Gas's revenue in 2023 is $1,253,393,000.On average, 7 Wall Street analysts forecast MGY's revenue for 2023 to be $259,529,392,106, with the lowest MGY revenue forecast at $256,866,519,060, and the highest MGY revenue forecast at $261,649,379,442. On average, 7 Wall Street analysts forecast MGY's revenue for 2024 to be $294,736,420,776, with the lowest MGY revenue forecast at $272,105,416,209, and the highest MGY revenue forecast at $313,888,153,228.

In 2025, MGY is forecast to generate $284,561,558,226 in revenue, with the lowest revenue forecast at $279,314,905,322 and the highest revenue forecast at $289,808,211,130.

What is MGY's forecast return on assets (ROA) for 2023-2025?

(NYSE: MGY) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of 2.93%.

What is MGY's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MGY price target, the average MGY price target is $25.88, with the highest MGY stock price forecast at $29.00 and the lowest MGY stock price forecast at $24.00.

On average, Wall Street analysts predict that Magnolia Oil & Gas's share price could reach $25.88 by Oct 9, 2024. The average Magnolia Oil & Gas stock price prediction forecasts a potential upside of 19.52% from the current MGY share price of $21.65.

What is MGY's forecast return on equity (ROE) for 2023-2025?

(NYSE: MGY) forecast ROE is N/A, which is considered weak.
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