About Magna International (NYSE:MGA)
Magna International Inc. (Magna) is a global automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. The Company's product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 320 manufacturing operations and approximately 100 product development, engineering and sales centers in over 30 countries. It provides a range of body, chassis and engineering solutions to its original equipment manufacturer (OEM) customers. It has capabilities in powertrain design, development, testing and manufacturing. It offers bumper fascia systems, exterior trim and modular systems. It offers exterior and interior mirror systems. It offers sealing, trim, engineered glass and module systems. It offers softtops, retractable hardtops, modular tops and hardtops.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Auto, Truck & Motorcycle Parts
- Sub-Industry: N/A
- Symbol: NYSE:MGA
- CUSIP: N/A
- Web: www.magna.com
Capitalization:- Market Cap: $19.64158 billion
- Outstanding Shares: 369,897,000
Average Prices:- 50 Day Moving Avg: $51.54
- 200 Day Moving Avg: $46.53
- 52 Week Range: $36.77 - $55.70
P/E:- Trailing P/E Ratio: 9.66
- Foreward P/E Ratio: 8.19
- P/E Growth: 0.82
Sales & Book Value:- Annual Revenue: $37.16 billion
- Price / Sales: 0.53
- Book Value: $28.83 per share
- Price / Book: 1.85
Dividend:- Annual Dividend: $1.10
- Dividend Yield: 2.1%
Profitability:- EBITDA: $4.01 billion
- Net Margins: 5.73%
- Return on Equity: 20.01%
- Return on Assets: 9.12%
Debt:- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 1.20%
- Quick Ratio: 0.85%
Misc:- Average Volume: 1.34 million shs.
- Beta: 1.46
- Short Ratio: 2.82
Frequently Asked Questions for Magna International (NYSE:MGA)
What is Magna International's stock symbol?
Magna International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGA."
How often does Magna International pay dividends? What is the dividend yield for Magna International?
Magna International declared a quarterly dividend on Friday, August 11th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.275 per share on Friday, September 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Wednesday, August 30th. View Magna International's Dividend History.
When did Magna International's stock split? How did Magna International's stock split work?
Magna International shares split before market open on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly minted shares were issued to shareholders after the market closes on Wednesday, March 25th 2015. An investor that had 100 shares of Magna International stock prior to the split would have 200 shares after the split.
How were Magna International's earnings last quarter?
Magna International, Inc. (NYSE:MGA) posted its quarterly earnings results on Friday, August, 11th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.47 by $0.01. The firm earned $9.68 billion during the quarter, compared to analysts' expectations of $9.50 billion. Magna International had a return on equity of 20.01% and a net margin of 5.73%. Magna International's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.41 EPS. View Magna International's Earnings History.
Where is Magna International's stock going? Where will Magna International's stock price be in 2017?
13 brokers have issued 1 year price targets for Magna International's stock. Their forecasts range from $41.00 to $68.00. On average, they expect Magna International's stock price to reach $55.80 in the next twelve months. View Analyst Ratings for Magna International.
Who are some of Magna International's key competitors?
Some companies that are related to Magna International include Delphi Automotive PLC (DLPH), Lear Corporation (LEA), Autoliv (ALV), BorgWarner (BWA), GKN plc (GKN), Dana Incorporated (DAN), Visteon Corporation (VC), Tenneco (TEN), Meritor (MTOR), Cooper-Standard Holdings (CPS), Fox Factory Holding Corp. (FOXF), Gentherm (THRM), Stoneridge (SRI), Motorcar Parts of America (MPAA), Horizon Global Corporation (HZN), Superior Industries International (SUP), China XD Plastics Company Limited (CXDC) and Fenix Parts (FENX).
Who are Magna International's key executives?
Magna International's management team includes the folowing people:
- William L. Young, Independent Chairman of the Board
- Donald J. Walker, Chief Executive Officer, Director
- Vincent J. Galifi, Chief Financial Officer, Executive Vice President
- Guenther Apfalter, President - Magna Europe and Magna Steyr
- Marc J. Neeb, Chief Human Resource Officer, Executive Vice President
- Seetarama Swamy Kotagiri, Executive Vice President, Chief Technology Officer, President - Magna Electronic
- Jeffrey O. Palmer, Executive Vice President, Chief Legal Officer
- Francis C. Seguin, Executive Vice President - Corporate Projects and Strategy Development
- James J. Tobin Sr., Chief Marketing Officer & President, Magna Asia
- Tommy J. Skudutis, Chief Operating Officer of Exteriors, Seating, Mirrors, Closures and Cosma
How do I buy Magna International stock?
Shares of Magna International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Magna International's stock price today?
One share of Magna International stock can currently be purchased for approximately $53.45.
MarketBeat Community Rating for Magna International (NYSE MGA)MarketBeat's community ratings are surveys of what our community members think about Magna International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Magna International (NYSE:MGA) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings, 8 Buy Ratings, 1 Strong Buy Rating |
| Consensus Rating: | Buy (Score: 2.69) |
| Consensus Price Target: | $55.80 (4.40% upside) |
Consensus Price Target History for Magna International (NYSE:MGA)
Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/18/2017 | Bank of America Corporation | Upgrade | Underperform -> Buy | $63.00 | N/A |  |
| 10/17/2017 | TD Securities | Reiterated Rating | Buy | $56.00 | N/A | |
| 10/16/2017 | Goldman Sachs Group, Inc. (The) | Downgrade | Neutral -> Sell | $45.00 -> $41.00 | N/A | |
| 10/13/2017 | KeyCorp | Boost Price Target | Buy | $55.00 -> $59.00 | N/A | |
| 9/15/2017 | BMO Capital Markets | Reiterated Rating | Hold | $47.00 | Low | |
| 8/28/2017 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $56.00 -> $47.00 | High | |
| 8/17/2017 | Citigroup Inc. | Boost Price Target | Buy | $54.00 -> $55.00 | Low | |
| 8/14/2017 | Deutsche Bank AG | Reiterated Rating | Buy | $59.00 -> $61.00 | Low | |
| 8/14/2017 | Royal Bank Of Canada | Boost Price Target | Outperform -> Outperform | $60.00 -> $61.00 | Medium | |
| 7/26/2017 | Edward Jones | Downgrade | Buy -> Hold | | Low | |
| 7/11/2017 | Cormark | Upgrade | Buy -> Top Pick | | High | |
| 5/12/2017 | Scotiabank | Boost Price Target | Outperform | $65.00 -> $68.00 | Medium | |
| 2/27/2017 | Macquarie | Upgrade | Neutral -> Outperform | | N/A | |
| 7/18/2016 | Wells Fargo & Company | Reiterated Rating | Hold | $41.50 | N/A | |
| 2/29/2016 | Credit Suisse Group | Lower Price Target | Outperform | $55.00 -> $50.00 | N/A | |
| 1/14/2016 | Canaccord Genuity | Reiterated Rating | Buy | $66.00 -> $56.00 | N/A | |
| 12/23/2015 | Susquehanna Bancshares Inc | Initiated Coverage | Neutral | $47.00 | N/A | |
| 11/6/2015 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | $63.00 -> $61.00 | N/A | |
(Data available from 10/18/2015 forward)
Earnings History for Magna International (NYSE:MGA)Earnings History by Quarter for Magna International (NYSE MGA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/11/2017 | Q2 17 | $1.47 | $1.48 | $9.50 billion | $9.68 billion | View | N/A | |
| 5/11/2017 | Q1 17 | $1.34 | $1.53 | $9.13 billion | $9.37 billion | View | N/A | |
| 2/24/2017 | Q416 | $1.38 | $1.24 | $9.21 billion | $9.25 billion | View | N/A | |
| 11/3/2016 | Q316 | $1.20 | $1.29 | $8.57 billion | $8.85 billion | View | N/A | |
| 8/5/2016 | Q216 | $1.34 | $1.41 | $9.24 billion | $9.44 billion | View | N/A | |
| 5/5/2016 | Q116 | $1.19 | $1.22 | $8.64 billion | $8.90 billion | View | N/A | |
| 2/26/2016 | Q415 | $1.11 | $1.19 | $8.31 billion | $8.60 billion | View | Listen | |
| 11/5/2015 | Q315 | $1.09 | $1.13 | $7.75 billion | $7.66 billion | View | N/A | |
| 8/7/2015 | Q215 | $1.17 | $1.29 | $8.91 million | $8.13 million | View | N/A | |
| 5/7/2015 | Q115 | $1.07 | $1.12 | $8.96 billion | $8.33 billion | View | N/A | |
| 2/25/2015 | Q414 | $2.25 | $2.52 | $9.08 billion | $9.40 billion | View | N/A | |
| 11/5/2014 | Q314 | $1.97 | $2.22 | $8.76 billion | $8.82 billion | View | N/A | |
| 8/8/2014 | Q214 | $2.22 | $2.37 | $9.36 billion | $8.46 billion | View | N/A | |
| 5/8/2014 | Q114 | $1.98 | $1.76 | $8.91 billion | $8.96 billion | View | N/A | |
| 3/3/2014 | Q413 | $1.54 | $2.03 | $8.56 billion | $8.17 billion | View | N/A | |
| 11/6/2013 | Q313 | $1.35 | $1.39 | $8.23 billion | $8.34 billion | View | N/A | |
| 8/9/2013 | Q213 | $1.64 | $1.78 | $8.40 billion | $8.96 billion | View | N/A | |
| 5/10/2013 | Q113 | $1.44 | $1.57 | $8.09 billion | $8.36 billion | View | N/A | |
| 3/1/2013 | Q412 | $1.14 | $1.49 | $7.74 billion | $8.03 billion | View | N/A | |
| 11/8/2012 | | $1.03 | $1.66 | $7.02 billion | $7.41 billion | View | N/A | |
| 2/23/2012 | | $1.01 | $1.32 | | | View | N/A | |
| 11/3/2011 | | $0.99 | $0.94 | | | View | N/A | |
| 8/5/2011 | | $1.37 | $1.15 | | | View | N/A | |
| 5/5/2011 | | $1.16 | $1.30 | | | View | N/A | |
| 2/23/2011 | | $1.02 | $0.88 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Magna International (NYSE:MGA)2017 EPS Consensus Estimate: $5.85
2018 EPS Consensus Estimate: $7.23
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $1.34 | $1.40 | $1.37 |
| Q2 2017 | 4 | $1.42 | $1.56 | $1.51 |
| Q3 2017 | 3 | $1.33 | $1.43 | $1.38 |
| Q4 2017 | 4 | $1.47 | $1.66 | $1.59 |
| Q1 2018 | 1 | $1.79 | $1.79 | $1.79 |
| Q2 2018 | 1 | $1.81 | $1.81 | $1.81 |
| Q3 2018 | 1 | $1.66 | $1.66 | $1.66 |
| Q4 2018 | 1 | $1.97 | $1.97 | $1.97 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Magna International (NYSE:MGA)| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $1.10 |
| Dividend Yield: | 2.06% |
| Dividend Growth: | 16.00% (3 Year Average) |
| Payout Ratio: | 19.86% (Trailing 12 Months of Earnings)
18.58% (Based on This Year's Estimates)
16.85% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Magna International (NYSE MGA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/11/2017 | quarterly | $0.28 | 2.38% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/11/2017 | quarterly | $0.28 | 2.46% | 5/24/2017 | 5/26/2017 | 6/9/2017 |
| 2/24/2017 | quarterly | $0.28 | 2.56% | 3/8/2017 | 3/10/2017 | 3/24/2017 |
| 11/4/2016 | Quarterly | $0.25 | | 11/22/2016 | 11/25/2016 | 12/9/2016 |
| 8/5/2016 | Quarterly | $0.25 | | 8/24/2016 | 8/26/2016 | 9/9/2016 |
| 5/5/2016 | Quarterly | $0.25 | | 5/25/2016 | 5/27/2016 | 6/10/2016 |
| 2/26/2016 | Quarterly | $0.25 | | 3/9/2016 | 3/11/2016 | 3/24/2016 |
| 11/5/2015 | Quarterly | $0.22 | | 11/24/2015 | 11/27/2015 | 12/11/2015 |
| 8/7/2015 | quarterly | $0.22 | | 8/26/2015 | 8/28/2015 | 9/11/2015 |
| 5/7/2015 | quarterly | $0.22 | 1.55% | 5/27/2015 | 5/29/2015 | 6/12/2015 |
| 2/25/2015 | quarterly | $0.44 | 0.81% | 3/11/2015 | 3/13/2015 | 3/27/2015 |
| 11/5/2014 | quarterly | $0.38 | 1.48% | 11/25/2014 | 11/28/2014 | 12/12/2014 |
| 8/8/2014 | quarterly | $0.38 | 1.36% | 8/27/2014 | 8/29/2014 | 9/12/2014 |
| 5/8/2014 | quarterly | $0.38 | 1.56% | 5/28/2014 | 5/30/2014 | 6/13/2014 |
| 3/3/2014 | quarterly | $0.38 | 1.58% | 3/12/2014 | 3/14/2014 | 3/28/2014 |
| 11/6/2013 | quarterly | $0.32 | 1.53% | 11/27/2013 | 11/29/2013 | 12/13/2013 |
| 8/9/2013 | quarterly | $0.32 | 1.6% | 8/28/2013 | 8/30/2013 | 9/16/2013 |
| 5/10/2013 | quarterly | $0.32 | 1.99% | 5/29/2013 | 5/31/2013 | 6/17/2013 |
| 3/1/2013 | quarterly | $0.32 | 2.31% | 3/11/2013 | 3/13/2013 | 3/27/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Magna International (NYSE:MGA)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Magna International (NYSE:MGA)
Latest Headlines for Magna International (NYSE:MGA)
| Source: |
|
| Date | Headline |
|---|
 | Delphi Automotive PLC (DLPH) and Magna International (MGA) Financial Contrast
www.americanbankingnews.com - October 17 at 2:08 PM |
 | Magna International Inc. (MGA) Is Pulling Back Following Downgrade
www.nasdaq.com - October 16 at 8:14 PM |
| FY2017 Earnings Estimate for Magna International, Inc. (MGA) Issued By KeyCorp
www.americanbankingnews.com - October 16 at 4:02 AM |
| KeyCorp Reaffirms "Buy" Rating for Magna International, Inc. (MGA)
www.americanbankingnews.com - October 13 at 9:36 AM |
| Dana (DAN) vs. Magna International (MGA) Critical Review
www.americanbankingnews.com - October 13 at 8:26 AM |
 | Notice of Conference Call For Third Quarter 2017 Results
finance.yahoo.com - October 12 at 6:46 AM |
| BMW Self-Driving Coalition Adds Major Auto-Parts Supplier Magna
finance.yahoo.com - October 10 at 8:13 PM |
| Magna Joins The BMW Group, Intel and Mobileye Platform as an Integrator to Bring Autonomous Driving Technology to the Market
finance.yahoo.com - October 10 at 8:13 PM |
| Canada's Magna joins BMW-Intel self-driving car project
finance.yahoo.com - October 10 at 8:13 PM |
| Magna International, Inc. (MGA) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 7 at 4:52 AM |
| Magna International, Inc. (MGA) Expected to Post Quarterly Sales of $9.04 Billion
www.americanbankingnews.com - October 6 at 1:26 PM |
 | A Peek Into The Markets: U.S. Stock Futures Gain Ahead Of ... - Benzinga
www.benzinga.com - October 3 at 3:25 AM |
| 5 Stocks To Watch For October 2, 2017 - Benzinga
www.benzinga.com - October 3 at 3:25 AM |
 | 4 Reasons to Buy and Forget Magna International Inc.
www.fool.ca - October 2 at 11:53 AM |
 | Magna Int'l (MGA) Reports Settlement of KS Centoco Litigation - StreetInsider.com
www.streetinsider.com - September 30 at 5:16 PM |
| Magna Announces Settlement of KS Centoco Litigation
www.nasdaq.com - September 29 at 6:38 PM |
| Critical Analysis: Meritor (MTOR) vs. Magna International (MGA)
www.americanbankingnews.com - September 27 at 4:52 PM |
 | Magna International: Even Car Of The Future Will Still Need A ... - Seeking Alpha
seekingalpha.com - September 23 at 8:10 AM |
| Magna International, Inc. : MGA-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 8:10 AM |
| Comparing Magna International (MGA) & Motorcar Parts of America (MPAA)
www.americanbankingnews.com - September 20 at 4:28 AM |
| Comparing Magna International (MGA) & Visteon Corporation (VC)
www.americanbankingnews.com - September 19 at 10:51 AM |
| Magna Announces Senior Notes Offering
finance.yahoo.com - September 18 at 9:42 PM |
| Magna International: Deeply Undervalued With 60% Upside Potential - Seeking Alpha
seekingalpha.com - September 18 at 5:46 AM |
| Analysts Anticipate Magna International, Inc. (MGA) Will Post Quarterly Sales of $9.04 Billion
www.americanbankingnews.com - September 17 at 7:44 PM |
| Magna International, Inc. (MGA) Stock Rating Reaffirmed by KeyCorp
www.americanbankingnews.com - September 17 at 9:36 AM |
| Magna International, Inc. (MGA) Receives "Hold" Rating from BMO Capital Markets
www.americanbankingnews.com - September 15 at 4:52 PM |
| Does Magna International Inc’s (TSX:MG) PE Ratio Signal A Buying Opportunity?
finance.yahoo.com - September 14 at 9:07 PM |
| Autoliv Skyrockets On Autonomous-Driving Spinoff Plan
finance.yahoo.com - September 14 at 3:59 PM |
| Magna International: A Significantly Undervalued Autonomous Driving Player - Seeking Alpha
seekingalpha.com - September 14 at 7:40 AM |
| Slovenia says Magna to get construction permit in October
finance.yahoo.com - September 13 at 6:31 AM |
| Magna International, Inc. (MGA) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 12 at 5:02 AM |
| Magna Expands in Alabama with Aluminum Casting Facility
finance.yahoo.com - September 9 at 6:12 AM |
| Auto suppliers Delphi, Magna join funding round for Lidar company Innoviz
finance.yahoo.com - September 8 at 4:15 AM |
| Experience 360 Degrees of Magna at IAA Frankfurt
finance.yahoo.com - September 8 at 4:14 AM |
| Auto Sector Struggles with Soft US Sales, Safety Recalls - Nasdaq
www.nasdaq.com - September 7 at 5:14 AM |
| Looking for Value? Why It Might Be Time to Try Magna International (MGA)
finance.yahoo.com - September 2 at 6:12 AM |
| Magna Unveils MAX4 Autonomous Driving Platform
finance.yahoo.com - August 31 at 7:14 AM |
| Magna pitches new self-driving vehicle system
finance.yahoo.com - August 31 at 7:14 AM |
| Comparing Autoliv (ALV) & Magna International (MGA)
www.americanbankingnews.com - August 31 at 2:28 AM |
| Magna International, Inc. (MGA) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 6:33 AM |
| Magna International, Inc. breached its 50 day moving average in a Bearish Manner : MGA-US : August 29, 2017
finance.yahoo.com - August 30 at 6:33 AM |
| Magna Makes Strategic Investment in Solid-state LiDAR Developer Innoviz
finance.yahoo.com - August 30 at 6:33 AM |
| ETFs with exposure to Magna International, Inc. : August 28, 2017
finance.yahoo.com - August 28 at 8:54 PM |
| Ex-Dividend Reminder: Magna International, Ball and Ashland Global Holdings - Nasdaq
www.nasdaq.com - August 28 at 3:25 PM |
| Magna International, Inc. (MGA) Rating Lowered to Equal Weight at Morgan Stanley
www.americanbankingnews.com - August 28 at 7:48 AM |
| Magna International Inc.: An Interesting Growth Story, But Not Worth the Risk
www.fool.ca - August 26 at 7:05 AM |
| Magna gets construction permit in Hungary-report
finance.yahoo.com - August 22 at 5:58 AM |
| Should Investors in Magna International Inc. Be Nervous About Auto Sales and Production?
www.fool.ca - August 19 at 12:53 AM |
| Magna International, Inc. (MGA) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 18 at 5:02 AM |
| Citigroup Inc. Increases Magna International, Inc. (MGA) Price Target to $55.00
www.americanbankingnews.com - August 17 at 4:54 PM |
Magna International (MGA) Chart for Wednesday, October, 18, 2017
