Raymond James Financial Predicts MGA FY2025 Earnings

Key Points

• Raymond James Financial has raised its FY2025 earnings per share estimate for Magna International from $4.74 to $5.03, while the current consensus estimate remains higher at $5.87.
• Magna International reported a quarterly EPS of $1.44, exceeding analyst expectations of $1.19, despite a 3% drop in revenue year-over-year to $10.82 billion.
• Institutional ownership of Magna International is significant, with 67.49% of shares held by institutional investors, indicating strong market confidence in the company.

Magna International Inc. (NYSE:MGA - Free Report) TSE: MG - Investment analysts at Raymond James Financial boosted their FY2025 earnings per share estimates for Magna International in a research note issued on Tuesday, August 5th. Raymond James Financial analyst M. Glen now anticipates that the company will earn $5.03 per share for the year, up from their previous estimate of $4.74. The consensus estimate for Magna International's current full-year earnings is $5.87 per share. Raymond James Financial also issued estimates for Magna International's Q4 2025 earnings at $1.64 EPS, Q1 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.58 EPS and FY2026 earnings at $6.04 EPS.

Magna International (NYSE:MGA - Get Free Report) TSE: MG last announced its quarterly earnings results on Friday, August 1st. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.19 by $0.25. The company had revenue of $10.82 billion during the quarter, compared to analyst estimates of $10.10 billion. Magna International had a return on equity of 11.89% and a net margin of 2.91%. The firm's revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.35 earnings per share.

A number of other research analysts also recently commented on the company. Barclays increased their target price on Magna International from $40.00 to $45.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Cfra Research upgraded Magna International to a "hold" rating in a research report on Monday, August 4th. UBS Group increased their price target on Magna International from $37.00 to $45.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. CIBC increased their price target on Magna International from $33.00 to $38.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Finally, Morgan Stanley dropped their price target on Magna International from $40.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $42.36.

Magna International Stock Down 1.0%

Shares of MGA stock traded down $0.41 during trading hours on Thursday, reaching $42.07. The company had a trading volume of 374,495 shares, compared to its average volume of 1,806,018. The company has a market capitalization of $11.85 billion, a P/E ratio of 9.87, a price-to-earnings-growth ratio of 0.97 and a beta of 1.51. Magna International has a twelve month low of $30.39 and a twelve month high of $47.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 1.16. The stock's fifty day simple moving average is $40.01 and its 200 day simple moving average is $37.39.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of MGA. Geode Capital Management LLC grew its stake in shares of Magna International by 32.2% in the fourth quarter. Geode Capital Management LLC now owns 1,523,196 shares of the company's stock worth $63,280,000 after acquiring an additional 371,437 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Magna International by 9.0% in the fourth quarter. Ameriprise Financial Inc. now owns 48,106 shares of the company's stock worth $2,010,000 after purchasing an additional 3,956 shares during the period. LRI Investments LLC lifted its holdings in shares of Magna International by 2,126.5% in the fourth quarter. LRI Investments LLC now owns 757 shares of the company's stock worth $32,000 after buying an additional 723 shares in the last quarter. Systematic Financial Management LP lifted its holdings in shares of Magna International by 19.9% in the fourth quarter. Systematic Financial Management LP now owns 48,845 shares of the company's stock worth $2,041,000 after buying an additional 8,100 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of Magna International by 99.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 50,462 shares of the company's stock worth $2,108,000 after buying an additional 25,142 shares in the last quarter. 67.49% of the stock is owned by hedge funds and other institutional investors.

Magna International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be given a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, August 15th. Magna International's dividend payout ratio (DPR) is currently 45.54%.

About Magna International

Magna International Inc designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles.