Magna International Inc. (NYSE:MGA) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Magna has an average analyst recommendation of "Hold" from 19 brokerages (1 sell, 12 hold, 5 buy, 1 strong buy) with a 12‑month average target price of $61.93.
• The company beat quarterly estimates with $2.18 EPS vs $1.81 expected and $10.74B revenue vs $10.54B, and set FY2026 guidance of 6.25–7.25 EPS versus analysts' 5.87 estimate.
• Magna raised its quarterly dividend to $0.495 (annualized $1.98), implying a 3.4% yield and a payout ratio of about 67.1%.

Magna International Inc. (NYSE:MGA - Get Free Report) TSE: MG has received an average recommendation of "Hold" from the nineteen brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $61.9333.

A number of analysts have recently commented on MGA shares. Citigroup upped their price objective on Magna International from $55.00 to $58.00 and gave the stock a "neutral" rating in a report on Monday, March 23rd. Canadian Imperial Bank of Commerce upgraded Magna International from a "neutral" rating to an "outperformer" rating and upped their price objective for the stock from $56.00 to $76.00 in a report on Wednesday, February 18th. Royal Bank Of Canada upped their price objective on Magna International from $48.00 to $59.00 and gave the stock a "sector perform" rating in a report on Tuesday, February 17th. UBS Group upped their price objective on Magna International from $49.00 to $61.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. Finally, The Goldman Sachs Group upped their price objective on Magna International from $49.00 to $60.00 and gave the stock a "sell" rating in a report on Tuesday, February 17th.

Institutional Trading of Magna International

Institutional investors and hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Magna International by 35.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company's stock worth $42,000 after acquiring an additional 205 shares during the last quarter. 1620 Investment Advisors Inc. lifted its holdings in Magna International by 2.7% in the fourth quarter. 1620 Investment Advisors Inc. now owns 8,232 shares of the company's stock worth $439,000 after acquiring an additional 215 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Magna International by 2.6% in the fourth quarter. Van ECK Associates Corp now owns 9,114 shares of the company's stock worth $486,000 after acquiring an additional 235 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in Magna International by 1.8% in the third quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company's stock worth $675,000 after acquiring an additional 246 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in Magna International by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 4,767 shares of the company's stock worth $254,000 after acquiring an additional 324 shares during the last quarter. 67.49% of the stock is currently owned by institutional investors and hedge funds.

Magna International Trading Up 0.8%

Shares of Magna International stock opened at $57.77 on Friday. Magna International has a fifty-two week low of $31.39 and a fifty-two week high of $69.94. The firm has a market cap of $15.85 billion, a PE ratio of 19.58 and a beta of 1.44. The business's fifty day moving average is $57.98 and its two-hundred day moving average is $52.82. The company has a quick ratio of 0.87, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Magna International (NYSE:MGA - Get Free Report) TSE: MG last issued its quarterly earnings results on Friday, February 13th. The company reported $2.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.81 by $0.37. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The company had revenue of $10.74 billion for the quarter, compared to analyst estimates of $10.54 billion. During the same quarter in the prior year, the company posted $1.69 EPS. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Analysts anticipate that Magna International will post 5.87 earnings per share for the current year.

Magna International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.495 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, February 27th. This is a positive change from Magna International's previous quarterly dividend of $0.49. Magna International's payout ratio is currently 67.12%.

About Magna International

Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna's broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.

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