NYSE:MGA - Magna International Stock Price, News, & Analysis

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$54.37 -1.61 (-2.88 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$55.98
Today's Range$54.32 - $55.60
52-Week Range$42.88 - $67.47
Volume1.91 million shs
Average Volume1.10 million shs
Market Capitalization$17.68 billion
P/E Ratio8.10
Dividend Yield2.61%
Beta1.4
Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia Pacific, and internationally. The Body Exteriors & Structures segment provides body structures; chassis structures, such as frame and structural assemblies, chassis subframes, and suspension systems; exterior systems and modules, including hoods, roofs, door panels, front end modules, liftgate modules, polycarbonate roof panels, liftgate sensor integration systems, and fascia; trim and automotive jewelry comprises engineered glass, trim and roof racks, and running boards; non-visible and visible active grille shutters, active air deflectors, and underbody panels; and fuel systems, pipes and components, and alternative energy storage systems. Its Power & Vision segment offers manual, hybrid, and dual-clutch transmissions systems; mild hybrid solutions; high voltage edrives and electrified components; chassis, glow plug control, powertrain control, and mechatronic control modules; four-wheel drive, all-wheel drive, and disconnect systems; thermal management and lubrication systems; transmission clutch/carrier components, precision stampings and shafts, and automated driving systems; latching systems, door modules, power closures, hinges and wireforming, and handles; interior and exterior mirrors, and actuators; and front and rear lighting, tail lamps, and other lighting products. The Seating Systems segment provides recliners, manual and power adjusters, and seat structures. Its Complete Vehicles segment offers modular solutions for system and parts, as well as complete vehicle manufacturing services. The company serves original equipment manufacturer and non-automotive customers, as well as tier 1 companies, and medium and heavy truck manufacturers. Magna International Inc. was founded in 1957 and is based in Aurora, Canada.

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Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone905-726-2462

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$40.83 billion
Cash Flow$11.1643 per share
Book Value$34.09 per share

Profitability

Net Income$2.30 billion

Miscellaneous

Employees173,000
Market Cap$17.68 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

Magna International (NYSE:MGA) Frequently Asked Questions

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, February 22nd. Stockholders of record on Friday, March 8th will be paid a dividend of $0.365 per share on Friday, March 22nd. This represents a $1.46 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from Magna International's previous quarterly dividend of $0.33. 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 on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly created shares were issued to shareholders after the closing bell 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, February, 22nd. The company reported $1.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.60 by $0.03. The business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.15 billion. Magna International had a net margin of 5.62% and a return on equity of 20.00%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.57 earnings per share. View Magna International's Earnings History.

When is Magna International's next earnings date?

Magna International is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Magna International.

What guidance has Magna International issued on next quarter's earnings?

Magna International updated its FY 2019 earnings guidance on Friday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $40.2-42.4 billion, compared to the consensus revenue estimate of $41.17 billion.

What price target have analysts set for MGA?

14 brokers have issued 12 month target prices for Magna International's stock. Their forecasts range from $48.00 to $80.00. On average, they anticipate Magna International's share price to reach $64.90 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for Magna International.

What is the consensus analysts' recommendation for Magna International?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magna International.

Has Magna International been receiving favorable news coverage?

Headlines about MGA stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Magna International earned a news impact score of 1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Are investors shorting Magna International?

Magna International saw a decline in short interest in the month of March. As of March 29th, there was short interest totalling 979,029 shares, a decline of 44.9% from the March 15th total of 1,777,909 shares. Based on an average daily trading volume, of 1,410,622 shares, the short-interest ratio is presently 0.7 days. View Magna International's Current Options Chain.

Who are some of Magna International's key competitors?

What other stocks do shareholders of Magna International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magna International investors own include Micron Technology (MU), Magna International (MG), CA (CA), Gilead Sciences (GILD), Alibaba Group (BABA), BlackRock (BLK), Broadcom (AVGO), Intel (INTC), NVIDIA (NVDA) and Applied Materials (AMAT).

Who are Magna International's key executives?

Magna International's management team includes the folowing people:
  • Mr. Donald James Walker P.Eng., CEO & Director (Age 62)
  • Mr. Vincent Joseph Galifi B.Com., C.A., Exec. VP & CFO (Age 59)
  • Mr. Tommy J. Skudutis, Exec. VP & COO
  • Mr. Seetarama Swamy Kotagiri, Exec. VP, CTO and Pres of Magna Power & Vision
  • Mr. James J. Tobin Sr., Chief Marketing Officer & Pres of Magna Asia

Who are Magna International's major shareholders?

Magna International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Ellis Investment Partners LLC (0.59%), Miller Howard Investments Inc. NY (0.46%), Cardinal Capital Management Inc. (0.22%), Baskin Financial Services Inc. (0.09%), DNB Asset Management AS (0.06%) and MHI Funds LLC (0.02%).

Which major investors are selling Magna International stock?

MGA stock was sold by a variety of institutional investors in the last quarter, including Baystate Wealth Management LLC, BNP Paribas Arbitrage SA, Regent Investment Management LLC and Flagship Harbor Advisors LLC.

Which major investors are buying Magna International stock?

MGA stock was purchased by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, Miller Howard Investments Inc. NY, Cardinal Capital Management Inc., MHI Funds LLC, DNB Asset Management AS, Tibra Equities Europe Ltd, Baskin Financial Services Inc. and Legacy Advisors LLC.

How do I buy shares of Magna International?

Shares of MGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Magna International's stock price today?

One share of MGA stock can currently be purchased for approximately $54.37.

How big of a company is Magna International?

Magna International has a market capitalization of $17.68 billion and generates $40.83 billion in revenue each year. The company earns $2.30 billion in net income (profit) each year or $6.71 on an earnings per share basis. Magna International employs 173,000 workers across the globe.

What is Magna International's official website?

The official website for Magna International is http://www.magna.com.

How can I contact Magna International?

Magna International's mailing address is 337 MAGNA DRIVE, AURORA A6, L4G 7K1. The company can be reached via phone at 905-726-2462 or via email at [email protected]


MarketBeat Community Rating for Magna International (NYSE MGA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  544 (Vote Outperform)
Underperform Votes:  478 (Vote Underperform)
Total Votes:  1,022
MarketBeat's community ratings are surveys of what our community members think about Magna International and other stocks. Vote "Outperform" if you believe MGA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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