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ASX:MFGMagellan Financial Group Stock Price, Forecast & News

A$55.09
+1.06 (+1.96 %)
(As of 05/13/2020)
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Today's Range
A$51.91
Now: A$55.09
A$55.09
50-Day Range
A$46.13
MA: A$51.66
A$55.09
52-Week Range
A$30.10
Now: A$55.09
A$74.91
Volume450,834 shs
Average Volume573,232 shs
Market Capitalization$10.04 billion
P/E Ratio24.70
Dividend Yield3.67%
BetaN/A
Magellan Financial Group is a publicly owned investment manager. The firm provide its services to high net worth, retail, and institutional investors. Magellan Financial Group is based in Sydney, Australia.
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Magellan Financial Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.77 out of 5 stars


Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
CIKN/A
Phone+61-2-92354888

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$702.76 million
Cash FlowA$2.37 per share
Book ValueA$5.55 per share

Profitability

Miscellaneous

Employees126
Market Cap$10.04 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Magellan Financial Group (ASX:MFG) Frequently Asked Questions

How has Magellan Financial Group's stock been impacted by COVID-19 (Coronavirus)?

Magellan Financial Group's stock was trading at A$46.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MFG stock has increased by 18.6% and is now trading at A$55.09. View which stocks have been most impacted by Coronavirus.

When is Magellan Financial Group's next earnings date?

Magellan Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Magellan Financial Group.

How were Magellan Financial Group's earnings last quarter?

Magellan Financial Group Ltd (ASX:MFG) released its earnings results on Tuesday, August, 13th. The company reported $2.06 EPS for the quarter, beating the consensus estimate of $2.01 by $0.05. View Magellan Financial Group's earnings history.

How often does Magellan Financial Group pay dividends? What is the dividend yield for Magellan Financial Group?

Magellan Financial Group announced a Interim dividend on Friday, February 14th. Shareholders of record on Thursday, February 27th will be paid a dividend of 0.929 per share on Thursday, February 27th. This represents a dividend yield of 1.26%. The ex-dividend date is Tuesday, February 18th. This is a positive change from Magellan Financial Group's previous Interim dividend of A$0.74. View Magellan Financial Group's dividend history.

Has Magellan Financial Group been receiving favorable news coverage?

Media stories about MFG stock have trended very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Magellan Financial Group earned a media sentiment score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutMagellan Financial Group.

Who are some of Magellan Financial Group's key competitors?

What other stocks do shareholders of Magellan Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magellan Financial Group investors own include Alaska Air Group (ALK), Altium (ALU), IGM Financial (IGM), Sibanye Gold (SBGL), Shopify (SHOP), Synchronoss Technologies (SNCR), ALS (ALQ), ARB (ARB), Appen (APX) and Afterpay Touch Group (APT).

Who are Magellan Financial Group's key executives?

Magellan Financial Group's management team includes the following people:
  • Mr. Hamish Macquarie Douglass, Chairman, Chief Investment Officer & Lead Portfolio Mang. of Group Global Equities Strategies
  • Dr. Brett Peter Cairns, CEO, MD & Exec. Director
  • Ms. Kirsten Morton, Chief Financial Officer
  • Ms. Marcia Paulina Venegas, Chief Compliance Officer, Head of Risk, Compliance & Legal and Company Sec.
  • Mr. Gerald Stack, Head of Investments, Head of Infrastructure & Portfolio Mang.

What is Magellan Financial Group's stock symbol?

Magellan Financial Group trades on the ASX under the ticker symbol "MFG."

What is Magellan Financial Group's stock price today?

One share of MFG stock can currently be purchased for approximately A$55.09.

How big of a company is Magellan Financial Group?

Magellan Financial Group has a market capitalization of $10.04 billion and generates $702.76 million in revenue each year. Magellan Financial Group employs 126 workers across the globe.

What is Magellan Financial Group's official website?

The official website for Magellan Financial Group is www.magellangroup.com.au.

How can I contact Magellan Financial Group?

Magellan Financial Group's mailing address is Mlc Centre, L 36 19 Martin Pl, SYDNEY, NSW 2000, Australia. The company can be reached via phone at +61-2-92354888.

This page was last updated on 6/2/2020 by MarketBeat.com Staff

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