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 Parts Wholesale
- Sub-Industry: N/A
- Symbol: NYSE:MGA
- CUSIP: N/A
- Web: www.magna.com
Capitalization:- Market Cap: $17.11 billion
- Outstanding Shares: 380,265,000
Average Prices:- 50 Day Moving Avg: $42.46
- 200 Day Moving Avg: $43.00
- 52 Week Range: $32.76 - $47.21
P/E:- Trailing P/E Ratio: 8.22
- Foreward P/E Ratio: 6.86
- P/E Growth: 0.69
Sales & Book Value:- Annual Revenue: $36.92 billion
- Price / Sales: 0.46
- Book Value: $27.20 per share
- Price / Book: 1.65
Dividend:- Annual Dividend: $1.00
- Dividend Yield: 2.3%
Profitability:- EBIDTA: $4 billion
- Net Margins: 5.67%
- Return on Equity: 20.72%
- Return on Assets: 9.29%
Debt:- Debt-to-Equity Ratio: 0.24%
- Current Ratio: 1.18%
- Quick Ratio: 0.84%
Misc:- Average Volume: 1.48 million shs.
- Beta: 1.48
- Short Ratio: 2.04
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 Thursday, May 11th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.275 per share on Friday, June 9th. This represents a $1.10 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Wednesday, May 24th. View Magna International's Dividend History.
When did Magna International's stock split? How did Magna International's stock split work?
Shares of Magna International split on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly created shares were distributed 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 Thursday, May, 11th. The company reported $1.53 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.34 by $0.19. The business had revenue of $9.37 billion for the quarter, compared to analysts' expectations of $9.13 billion. Magna International had a net margin of 5.67% and a return on equity of 20.72%. Magna International's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.22 EPS. View Magna International's Earnings History.
Where is Magna International's stock going? Where will Magna International's stock price be in 2017?
10 brokers have issued 12-month price objectives for Magna International's stock. Their forecasts range from $36.00 to $68.00. On average, they anticipate Magna International's stock price to reach $49.94 in the next year. View Analyst Ratings for Magna International.
Who are some of Magna International's key competitors?
Some companies that are related to Magna International include Denso Corp (DNZOY), Cummins (CMI), Tata Motors Limited (TTM), Delphi Automotive PLC (DLPH), PACCAR (PCAR), MICHELIN (CGDE) (MGDDY), Valeo, SA (VLEEY), Fiat Chrysler Automobiles NV (FCAU), Ferrari (RACE), CNH Industrial NV (CNHI), Genuine Parts Company (GPC), Lear (LEA), LKQ (LKQ), Autoliv (ALV), Harley-Davidson (HOG), BorgWarner (BWA), Goodyear Tire & Rubber Co (GT) and GKN plc (GKNLY).
Who owns Magna International stock?
Magna International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sentry Investments Corp. (0.99%), Cornerstone Investment Partners LLC (0.51%), Schroder Investment Management Group (0.48%), Ameriprise Financial Inc. (0.43%), DnB Asset Management AS (0.40%) and Russell Investments Group Ltd. (0.39%). View Institutional Ownership Trends for Magna International.
Who sold Magna International stock? Who is selling Magna International stock?
Magna International's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Sentry Investments Corp., Russell Investments Group Ltd., James Investment Research Inc., O Shaughnessy Asset Management LLC, Capital Fund Management S.A., Hillsdale Investment Management Inc. and Cornerstone Investment Partners LLC. View Insider Buying and Selling for Magna International.
Who bought Magna International stock? Who is buying Magna International stock?
Magna International's stock was acquired by a variety of institutional investors in the last quarter, including United Services Automobile Association, Schroder Investment Management Group, Scout Investments Inc., Karp Capital Management Corp, Becker Capital Management Inc., William Blair Investment Management LLC, US Bancorp DE and DnB Asset Management AS. View Insider Buying and Selling for Magna International.
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.
How much does a share of Magna International stock cost?
One share of Magna International stock can currently be purchased for approximately $44.99.
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 |
|---|
| 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: $5.78
2018 EPS Consensus Estimate: $6.88
| 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 | $1.49 |
| Q3 2017 | 3 | $1.26 | $1.43 | $1.35 |
| Q4 2017 | 4 | $1.43 | $1.66 | $1.57 |
| Q1 2018 | 1 | $1.70 | $1.70 | $1.70 |
| Q2 2018 | 1 | $1.76 | $1.76 | $1.76 |
| Q3 2018 | 1 | $1.58 | $1.58 | $1.58 |
| Q4 2018 | 1 | $1.84 | $1.84 | $1.84 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Magna International (NYSE:MGA)| Next Dividend: | 6/9/2017 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 2.22% |
| Dividend Growth: | 16.00% (3 Year Average) |
| Payout Ratio: | 19.65% (Trailing 12 Months of Earnings)
17.30% (Based on This Year's Estimates)
15.24% (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 |
|---|
| 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 |
|---|
 | Magna International, Inc. : MGA-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017
finance.yahoo.com - May 26 at 4:00 AM |
 | Magna International, Inc. (MGA) Ex-Dividend Date Scheduled for May 24, 2017 - Nasdaq
www.nasdaq.com - May 24 at 10:44 AM |
 | Magna International Inc. (MGA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 18 at 1:32 PM |
| Joel Greenblatt's Top 3 New Stocks for the 1st Quarter - Nasdaq
www.nasdaq.com - May 18 at 8:32 AM |
| Q2 2017 EPS Estimates for Magna International Inc. (MGA) Reduced by Analyst
www.americanbankingnews.com - May 17 at 7:52 AM |
| Magna International (MGA) Beats on Q1 Earnings, Revenues - Nasdaq
www.nasdaq.com - May 16 at 6:20 PM |
| Magna Shines a Light on Blind Spots with its ClearView Vision Systems
finance.yahoo.com - May 15 at 5:53 PM |
| Magna International (MGA) Beats on Q1 Earnings, Revenues
finance.yahoo.com - May 15 at 5:53 PM |
| Q2 2017 Earnings Forecast for Magna International Inc. Issued By Cormark (MGA)
www.americanbankingnews.com - May 15 at 7:46 AM |
| Magna International Inc. (MGA) Lifted to "Buy" at TD Securities
www.americanbankingnews.com - May 12 at 11:20 PM |
 | Time to Shift into High Gear on Magna International Inc.?
www.fool.ca - May 12 at 7:08 PM |
| Magna International Inc. (MGA) Given New $60.00 Price Target at Royal Bank of Canada
www.americanbankingnews.com - May 12 at 3:30 PM |
| Magna International Inc. (MGA) Price Target Increased to $68.00 by Analysts at Scotiabank
www.americanbankingnews.com - May 12 at 2:54 PM |
 | Magna International (MGA) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 5:43 AM |
| Magna International Inc. (MGA) Plans $0.28 Quarterly Dividend
www.americanbankingnews.com - May 11 at 9:24 PM |
 | Magna Q1 Results Top Estimates; Lifts 2017 Total Sales Outlook
www.rttnews.com - May 11 at 7:00 PM |
| Magna Announces First Quarter Results
finance.yahoo.com - May 11 at 7:00 PM |
| Canada's Magna International posts 19 pct rise in profit
finance.yahoo.com - May 11 at 7:00 PM |
| Canadian auto parts maker Magna's profit beats estimates
finance.yahoo.com - May 11 at 7:00 PM |
| Magna tops Street 1Q forecasts
finance.yahoo.com - May 11 at 7:00 PM |
| Magna announces 2017 annual meeting results
finance.yahoo.com - May 11 at 7:00 PM |
| Magna International Inc. (MGA) Announces Earnings Results
www.americanbankingnews.com - May 11 at 3:00 PM |
| Magna International, Inc. – Value Analysis (NYSE:MGA) : May 8, 2017
finance.yahoo.com - May 9 at 11:49 AM |
| Magna International Inc. (MGA) Expected to Post Quarterly Sales of $9.26 Billion
www.americanbankingnews.com - May 7 at 9:42 AM |
| Magna International Inc. (MGA) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 5 at 7:02 PM |
| Zacks: Brokerages Expect Magna International Inc. (MGA) to Post $1.34 EPS
www.americanbankingnews.com - May 5 at 10:42 AM |
| Magna International, Inc. breached its 50 day moving average in a Bullish Manner : MGA-US : May 5, 2017
finance.yahoo.com - May 5 at 8:45 AM |
| The father of the iPod is teaming up with the biggest car company you've never heard of
finance.yahoo.com - May 4 at 1:12 AM |
| Magna International (MGA) Getting Positive News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 2:39 PM |
| 2 Canadian Stocks to Avoid if Trump Starts a Trade War
www.fool.ca - May 2 at 4:39 PM |
| Magna International lines up new JV in China - Seeking Alpha - Seeking Alpha
seekingalpha.com - April 29 at 12:25 AM |
| Magna Int'l Enters Joint Venture with Chinese Seating Supplier
finance.yahoo.com - April 28 at 7:24 PM |
| Somewhat Negative Media Coverage Somewhat Likely to Affect Magna International (MGA) Share Price
www.americanbankingnews.com - April 28 at 2:42 PM |
| Magna International Inc. (MGA) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 28 at 1:04 PM |
| Magna Enters Into Joint Venture With Chinese Seating Supplier - Quick Facts
www.rttnews.com - April 28 at 9:18 AM |
| Magna enters joint venture with Chinese seating supplier
finance.yahoo.com - April 28 at 9:18 AM |
| December 15th Options Now Available For Magna International (MGA) - Nasdaq
www.nasdaq.com - April 26 at 6:47 PM |
| Magna International (MGA) Given Coverage Optimism Rating of 0.31
www.americanbankingnews.com - April 25 at 8:10 PM |
| Magna International (MGA) Getting Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 21 at 12:14 AM |
| Magna International Inc. - Notice of Conference Call for First Quarter 2017 Results
finance.yahoo.com - April 20 at 6:35 PM |
| Magna International (MGA) Receives Coverage Optimism Score of 0.57
www.americanbankingnews.com - April 17 at 10:31 AM |
| Magna International Inc. (MGA) Expected to Announce Quarterly Sales of $9.25 Billion
www.americanbankingnews.com - April 15 at 7:32 AM |
| Magna International (MGA) Earning Very Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 14 at 8:16 AM |
| $1.34 Earnings Per Share Expected for Magna International Inc. (MGA) This Quarter
www.americanbankingnews.com - April 14 at 12:22 AM |
| Magna International Inc. (MGA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 10 at 8:50 PM |
| Magna International, Inc. : MGA-US: Dividend Analysis : March 10th, 2017 (record date) : By the numbers : April 4, 2017
finance.yahoo.com - April 7 at 11:11 AM |
| Magna Commits Investment of $5 Million in Artificial Intelligence Research Institute
finance.yahoo.com - March 30 at 6:49 PM |
| Magna Posts 2016 Annual Report
finance.yahoo.com - March 29 at 7:07 PM |
 | 6:11 pm Magna: Toronto Stock Exchange accepts the amended Notice of Intention to Make a Normal Course Issuer Bid
us.rd.yahoo.com - March 17 at 11:43 PM |
| Magna announces specific share repurchase program as part of normal course issuer bid
finance.yahoo.com - March 17 at 6:42 PM |
Magna International (MGA) Chart for Saturday, May, 27, 2017
