Magna International Company Profile (NYSE:MGA)

Analyst Ratings

Consensus Ratings for Magna International (NYSE:MGA) (?)
Ratings Breakdown: 4 Hold Rating(s), 9 Buy Rating(s)
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $55.19 (41.92% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetActions
7/18/2016Wells Fargo & Co.Reiterated RatingHold$41.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/28/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$50.00 -> $36.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/7/2016Royal Bank Of CanadaReiterated RatingOutperform$73.00 -> $76.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016Citigroup Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/17/2016Morgan StanleyLower Price TargetOverweight$71.00 -> $60.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016TD SecuritiesBoost Price TargetBuy$44.00 -> $46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016Credit Suisse Group AGLower Price TargetOutperform$55.00 -> $50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/25/2016Deutsche Bank AGLower Price TargetBuy$66.00 -> $59.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/14/2016Canaccord GenuityReiterated RatingBuy$66.00 -> $56.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/23/2015SusquehannaInitiated CoverageNeutral$47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/6/2015JPMorgan Chase & Co.UpgradeNeutral -> Overweight$63.00 -> $61.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/14/2015Goldman Sachs Group Inc.Boost Price Target$59.00 -> $63.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/1/2015ScotiabankReiterated RatingSector Outperform$70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/23/2015CIBCDowngradeSector Outperform -> Sector Perform$62.50 -> $52.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/11/2014KeyCorpReiterated RatingBuy$57.50 -> $65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/23/2014 forward)

Earnings

Earnings History for Magna International (NYSE:MGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
5/5/2016Q116$1.19$1.22$8.64 billion$8.90 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016Q415$1.11$1.19$8.31 billion$8.60 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q315$1.09$1.13$7.75 billion$7.66 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2015Q215$1.18$1.29$8.91 million$8.13 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2015Q115$1.07$1.12$8.96 billion$8.33 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015Q414$2.25$2.44$9.08 billion$9.40 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2014Q314$1.97$2.19$8.76 billion$8.82 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/8/2014Q214$2.22$2.32$9.36 billion$8.46 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014Q114$1.98$1.76$8.91 billion$8.96 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2014Q413$1.54$2.03$8.56 billion$8.17 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013Q313$1.35$1.39$8.23 billion$8.34 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/9/2013Q213$1.64$1.78$8.40 billion$8.96 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/10/2013Q113$1.44$1.57$8.09 billion$8.36 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/1/2013Q412$1.14$1.49$7.74 billion$8.03 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/8/2012$1.03$1.66$7.02 billion$7.41 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$1.01$1.32ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2011$0.99$0.94ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2011$1.37$1.15ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$1.16$1.30ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$1.02$0.88ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magna International (NYSE:MGA)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.16$1.22$1.19
Q2 20163$1.28$1.42$1.33
Q3 20163$1.19$1.21$1.20
Q4 20163$1.30$1.45$1.38
Q1 20173$1.38$1.44$1.41
Q2 20173$1.47$1.56$1.53
Q3 20172$1.38$1.43$1.41
Q4 20173$1.52$1.66$1.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Annual Dividend:$1.00
Dividend Yield:2.57%
Payout Ratio:20.12% (Based on Trailing 12 Months of Earnings)
19.49% (Based on Current Year Consensus EPS Estimate)
16.64% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:17.00% (3 Year Average)

Dividend History for Magna International (NYSE:MGA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/5/2016Quarterly$0.255/25/20165/27/20166/10/2016Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016Quarterly$0.253/9/20163/11/20163/24/2016Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Quarterly$0.2211/24/201511/27/201512/11/2015Tweet This Announcement  Share This Announcement on StockTwits
8/7/2015quarterly$0.228/26/20158/28/20159/11/2015Tweet This Announcement  Share This Announcement on StockTwits
5/7/2015quarterly$0.221.55%5/27/20155/29/20156/12/2015Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015quarterly$0.440.81%3/11/20153/13/20153/27/2015Tweet This Announcement  Share This Announcement on StockTwits
11/5/2014quarterly$0.381.48%11/25/201411/28/201412/12/2014Tweet This Announcement  Share This Announcement on StockTwits
8/8/2014quarterly$0.381.36%8/27/20148/29/20149/12/2014Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014quarterly$0.381.56%5/28/20145/30/20146/13/2014Tweet This Announcement  Share This Announcement on StockTwits
3/3/2014quarterly$0.381.58%3/12/20143/14/20143/28/2014Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013quarterly$0.321.53%11/27/201311/29/201312/13/2013Tweet This Announcement  Share This Announcement on StockTwits
8/9/2013quarterly$0.321.6%8/28/20138/30/20139/16/2013Tweet This Announcement  Share This Announcement on StockTwits
5/10/2013quarterly$0.321.99%5/29/20135/31/20136/17/2013Tweet This Announcement  Share This Announcement on StockTwits
3/1/2013quarterly$0.322.31%3/11/20133/13/20133/27/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magna International (NYSE:MGA)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Magna International (NYSE:MGA)
DateHeadline
07/23/16 09:04 AMEarnings Roundup: Goldcorp Inc. (NYSE:GG), Magna International, Inc. (NYSE:MGA), Solera Holdings, Inc. (NYSE ... - Engelwood Daily
07/23/16 09:04 AMEquity Roundup: Stock Performance Focus on Magna International, Inc. (NYSE:MGA) - Press Telegraph
07/22/16 11:18 AMPress Release - Magna International Inc. - Notice of Conference Call for Second Quarter 2016 Results - [at noodls] - AURORA, ON, July 22, 2016 /PRNewswire/ - On Friday, August 5, 2016Magna International Inc. (TSX: MG; NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2016. ... This ...
07/22/16 10:35 AMMagna International Inc. - Notice of Conference Call for Second Quarter 2016 Results - [PR Newswire] - AURORA, ON, July 22, 2016 /PRNewswire/ - On Friday, August 5, 2016 Magna International Inc. (TSX: MG; NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2016. Magna will ...
07/22/16 08:06 AMToday's Top Gainers in the Market Magna International Inc. (NYSE:MGA) from Services - The Daily Leicester
07/22/16 07:04 AMMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MGA-US : July 22, 2016 -
07/20/16 08:04 AMIs $63 Price Target Attainable For Magna International, Inc. (NYSE:MGA)? - Investor Newswire
07/20/16 08:04 AMJames Investment Research Inc buys $58053122 stake in Magna International (USA) (MGA) - TheFounders Daily
07/18/16 05:19 PMMagna recommends rejection of “Mini-Tender” offer
07/18/16 10:26 AMMagna International, Inc. (NYSE:MGA) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/18/16 10:26 AMNew Broker Ratings For Magna International, Inc. (NYSE:MGA) - FTSE News
07/16/16 08:31 AMAnalysts Are Expecting this Stock to Rise: Magna International Inc. (NYSE:MGA) - TGP
07/15/16 04:48 PMPress Release - Magna Recommends Rejection of "Mini-Tender" Offer - [at noodls] - http://www.sec.gov/investor/pubs/minitend.htm. ... This is an abstract of the original noodl. To continue reading this document, click here for the original version.
07/15/16 04:48 PMPress Release - Magna Establishes U.S. $500 Million Commercial Paper Program - [at noodls] - Please click HERE for a PDF version of the release. ... This is an abstract of the original noodl. To continue reading this document, click here for the original version.
07/15/16 04:11 PM5:11 pm Magna establishes commercial paper program enabling it to issue up to $500 mln commercial paper notes -
07/15/16 04:05 PMMagna Recommends Rejection of "Mini-Tender" Offer - [PR Newswire] - AURORA, ON, July 15, 2016 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) announced today that it has received notice of an unsolicited "mini-tender" offer made by TRC Capital Corporation ...
07/15/16 04:05 PMMagna Establishes U.S. $500 Million Commercial Paper Program - [CNW Group] - Magna Establishes U.S. $500 Million Commercial Paper Program
07/15/16 09:33 AMBuy or Hold? What are Analysts Saying About Magna International Inc. (NYSE:MGA) - Telanagana Press
07/13/16 05:32 PMShort Term Rating on Magna International (MGA) - TheFounders Daily
07/13/16 08:06 AMPotential Upside and Profitable: Magna International Inc. (NYSE:MGA) - Telanagana Press
07/13/16 08:06 AMStrong Sell Calls For Magna International, Inc. (NYSE:MGA) At 0 - Investor Newswire
07/13/16 08:06 AMLeading stocks in today's market: Magna International Inc. (NYSE:MGA) - Twin County News
07/13/16 08:06 AMIs Magna International Inc.(NYSE: MGA), a large market cap stock a smart buy? - The Daily Leicester
07/13/16 08:06 AMUpdate on Magna International Inc. (NYSE:MGA) for the day - Twin County News
07/09/16 08:29 AMMagna International Inc. (NYSE:MGA) – Top Stock from Services Sector - The Daily Leicester
07/07/16 05:12 PMMagna : News Release - Magna Sponsors Formula Student Germany 2016
07/07/16 09:41 AMNews Release - Magna Sponsors Formula Student Germany 2016 - [at noodls] - Opportunity to attract and recruit some of the brightest young engineers in the world SAILUF, Germany, July 1, 2016 - Magna International Inc. announced that it will be sponsoring the 11th annual Formula ...
07/07/16 08:01 AMMagna International, Inc. (NYSE:MGA) Stock Update: Check on Ratings and Target Price - Telanagana Press
07/07/16 08:01 AMHow has Magna International Inc.:(NYSE:MGA) performed recently? - The Daily Leicester
07/06/16 10:51 AMNews Release - Magna Receives GM Supplier Quality Excellence Award - [at noodls] - AURORA, Ontario, July 6, 2016 - Magna International Inc. announced that four of its manufacturing divisions in China received the General Motors Supplier Quality Excellence Award for achieving the highest ...
07/06/16 10:31 AMNews Release - Magna Receives Honda Service Parts Supplier Award for Performance - [at noodls] - AURORA, Ontario, July 6, 2016 - Magna International Inc. announced that its electronics manufacturing division in Holly, Michigan, has received the Honda Supplier Performance Recognition Award for its ...
07/06/16 09:49 AMInvestor Update: Dividend Stock With Strong Upside: Magna International Inc. (NYSE:MGA) - Telanagana Press
07/06/16 09:49 AMProfitable Stock With Upside: Magna International Inc. (NYSE:MGA) - Telanagana Press
07/06/16 09:49 AMA look at a High Market Cap Stock: Magna International Inc., MGA - The Daily Leicester
07/04/16 04:37 PMLarge Cap Auto Parts Wholesale: Magna International Inc. (NYSE:MGA) - Twin County News
07/02/16 07:59 AMMega Cap End of Session Update: Magna International Inc. (NYSE:MGA) - Telanagana Press
07/01/16 07:59 AMMagna International, Inc. (NYSE:MGA) Company Rating and Target Watch - Telanagana Press
07/01/16 07:59 AMRecently Issued Stock Ratings For Magna International, Inc. (NYSE:MGA) - Fiscal Standard
06/30/16 08:03 AMCanada's Best Auto Stock
06/29/16 05:02 PMNotable News Buzz: Walt Disney Co (NYSE:DIS), Magna International Inc. (NYSE:MGA) - NYSE Journal (press release)
06/29/16 05:02 PMAnalysts and Technical Insights on Magna International Inc. (NYSE:MGA) - Street Report
06/29/16 07:59 AMIs it Time to Buy These Auto Parts Suppliers?
06/28/16 05:03 PMNortheast Investment Management Decreased Stake in Magna International INC Cl A (NYSE:MGA) by $3.05 Million as ... - Press Telegraph
06/28/16 10:00 AMMagna International Incorporated (NYSE:MGA) Sellers Covered 12.05% of Their Shorts - Press Telegraph
06/28/16 10:00 AMStrong Sell Calls Recommendations For Magna International, Inc. (NYSE:MGA) At 0 - Investor Newswire
06/27/16 05:03 PMMagna International, Inc. (NYSE:MGA) Earnings Glance and Target Price Review - Engelwood Daily
06/27/16 02:33 PMETF’s with exposure to Magna International, Inc. : June 27, 2016 -
06/27/16 01:55 PMMagna Shares Slump as U.K. Expansion Comes Amid Brexit Fallout -
06/27/16 09:28 AMThanks BREXIT For Cooling Markets Down
06/25/16 08:57 AMRelative Strength Alert For Magna International

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About Magna International

Magna International logoMagna International Inc. (Magna) is an automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. Its product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 290 manufacturing operations and over 80 product development, engineering and sales centers in approximately 30 countries. The Company's operating unit, Cosma International, is an automotive supplier that provides a range of body, chassis and engineering solutions. The Company produces a range of body-in-white solutions

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Parts Wholesale
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MGA
  • CUSIP:
Key Metrics:
  • Previous Close: $38.89
  • 50 Day Moving Average: $37.74
  • 200 Day Moving Average: $38.54
  • P/E Ratio: 7.81
  • P/E Growth: 0.79
  • Market Cap: $15.43B
  • Beta: 1.76
  • Current Year EPS Consensus Estimate: $5.13 EPS
  • Next Year EPS Consensus Estimate: $6.01 EPS
Additional Links:
Magna International (NYSE:MGA) Chart for Saturday, July, 23, 2016