Magna International (MGA) Expected to Announce Earnings on Friday

Key Points

• Magna International is expected to report Q3 2026 results before the market opens on October 30, 2026. Analysts forecast earnings of $1.58 per share and revenue of $9.98 billion.
• The company’s latest quarter exceeded expectations, with EPS of $1.86 versus the $1.53 consensus and revenue of $10.84 billion, up 3.3% year over year.
• Analysts maintain a broadly cautious stance, with an average “Hold” rating and a $68.87 price target. Magna recently declared a $0.495 quarterly dividend, equal to a 3.1% annualized yield.

Magna International (NYSE:MGA - Get Free Report) TSE: MG is expected to be releasing its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $1.58 per share and revenue of $9.98 billion for the quarter. Magna International has set its FY 2026 guidance at 6.700-7.300 EPS. Parties are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 8:00 AM ET.

Magna International (NYSE:MGA - Get Free Report) TSE: MG last posted its quarterly earnings data on Friday, July 31st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.33. Magna International had a net margin of 1.80% and a return on equity of 15.04%. The company had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.63 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The business's revenue was up 3.3% compared to the same quarter last year. On average, analysts expect Magna International to post $7.02 EPS for the current fiscal year and $7.86 EPS for the next fiscal year.

Magna International Stock Up 1.2%

NYSE MGA opened at $64.61 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.88 and a current ratio of 1.22. The firm has a 50-day simple moving average of $65.80 and a 200 day simple moving average of $64.83. Magna International has a twelve month low of $44.64 and a twelve month high of $73.22. The stock has a market cap of $17.11 billion, a PE ratio of 9.46, a PEG ratio of 0.68 and a beta of 1.46.

Magna International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a dividend of $0.4950 per share. This represents a $1.98 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, August 14th. Magna International's payout ratio is currently 71.74%.

Analyst Ratings Changes

Several equities analysts have commented on the company. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $72.00 price target (down from $77.00) on shares of Magna International in a report on Tuesday, September 15th. Royal Bank Of Canada reduced their price objective on Magna International from $69.00 to $68.00 and set a "sector perform" rating for the company in a research report on Monday, October 12th. Wells Fargo & Company lifted their price objective on Magna International from $62.00 to $67.00 and gave the stock an "equal weight" rating in a report on Monday, August 3rd. Barclays boosted their price objective on Magna International from $68.00 to $70.00 and gave the company an "equal weight" rating in a research report on Friday, October 9th. Finally, Canadian Imperial Bank of Commerce lowered Magna International from an "outperformer" rating to a "hold" rating and cut their target price for the company from $78.00 to $70.00 in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Magna International has an average rating of "Hold" and an average price target of $68.87.

Magna International Company Profile

Magna International Inc is a global automotive supplier headquartered in Aurora, Ontario, Canada. The company designs, engineers and manufactures components and systems for automakers, serving vehicle manufacturers across North America, Europe and Asia.

Its products and services span several automotive categories, including body and chassis structures, exterior systems, powertrain and driveline components, seating, vehicle electronics, lighting, mirrors, and advanced driver assistance technologies.

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