Raymond James Financial Has Negative View of MGA Q3 Earnings

Key Points

• Analyst M. Glen from Raymond James Financial has lowered the Q3 2025 earnings per share (EPS) forecast for Magna International to $1.17, down from $1.36, while the consensus for full-year earnings stands at $5.87 per share.
• In their most recent quarterly earnings report, Magna International exceeded expectations with reported EPS of $1.44 against a consensus of $1.19, although revenue fell by 3% year-over-year to $10.82 billion.
• The firm recently declared a quarterly dividend of $0.485 per share, marking an annualized payout of $1.94, which corresponds to a yield of 4.7% and a payout ratio of 45.54%.

Magna International Inc. (NYSE:MGA - Free Report) TSE: MG - Equities researchers at Raymond James Financial reduced their Q3 2025 earnings per share (EPS) estimates for shares of Magna International in a research note issued on Tuesday, August 5th. Raymond James Financial analyst M. Glen now forecasts that the company will post earnings per share of $1.17 for the quarter, down from their previous estimate of $1.36. 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 Q2 2026 earnings at $1.56 EPS and Q3 2026 earnings at $1.45 EPS.

Several other research firms have also issued reports on MGA. TD Securities raised their target price on shares of Magna International from $50.00 to $52.00 and gave the stock a "buy" rating in a report on Tuesday. Barclays lifted their price target on shares of Magna International from $40.00 to $45.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. UBS Group upped their target price on Magna International from $37.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Veritas raised Magna International to a "hold" rating in a research report on Thursday, April 24th. Finally, Cfra Research raised shares of Magna International to a "hold" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Magna International currently has a consensus rating of "Hold" and an average target price of $42.36.

Magna International Trading Down 0.1%

MGA stock traded down $0.03 during midday trading on Wednesday, reaching $42.52. 930,238 shares of the company traded hands, compared to its average volume of 1,454,986. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 9.98, a P/E/G ratio of 0.97 and a beta of 1.51. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.74 and a current ratio of 1.16. The business has a 50 day moving average of $40.01 and a 200-day moving average of $37.43. Magna International has a 52-week low of $30.39 and a 52-week high of $47.22.

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

Magna International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.485 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.94 dividend on an annualized basis and a yield of 4.6%. Magna International's payout ratio is presently 45.54%.

Institutional Investors Weigh In On Magna International

Hedge funds have recently bought and sold shares of the stock. Cromwell Holdings LLC raised its stake in Magna International by 131.6% in the 1st quarter. Cromwell Holdings LLC now owns 820 shares of the company's stock valued at $28,000 after purchasing an additional 466 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Magna International during the 2nd quarter worth approximately $27,000. Versant Capital Management Inc purchased a new stake in Magna International in the 1st quarter valued at $27,000. Integrated Wealth Concepts LLC boosted its position in shares of Magna International by 19.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,808 shares of the company's stock valued at $231,000 after acquiring an additional 1,123 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Magna International by 385.1% in the second quarter. Farther Finance Advisors LLC now owns 1,431 shares of the company's stock valued at $55,000 after purchasing an additional 1,136 shares during the period. Hedge funds and other institutional investors own 67.49% of the company's stock.

Magna International Company Profile

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.