Magna International Company Profile (NYSE:MGA)

About Magna International

Magna International logoMagna International Inc. (Magna) is an automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. Its product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 290 manufacturing operations and over 80 product development, engineering and sales centers in approximately 30 countries. The Company's operating unit, Cosma International, is an automotive supplier that provides a range of body, chassis and engineering solutions. The Company produces a range of body-in-white solutions

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Parts Wholesale
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MGA
  • CUSIP:
Key Metrics:
  • Previous Close: $40.17
  • 50 Day Moving Average: $38.68
  • 200 Day Moving Average: $39.35
  • Trailing P/E Ratio: 7.68
  • Foreward P/E Ratio: 6.60
  • P/E Growth: 0.70
  • Market Cap: $15.63B
  • Outstanding Shares: 389,039,000
  • Beta: 1.76
Additional Links:
Companies Related to Magna International:

Analyst Ratings

Consensus Ratings for Magna International (NYSE:MGA) (?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $53.43 (33.02% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetDetails
8/10/2016TD SecuritiesReiterated RatingBuy$46.00 -> $47.00View Rating Details
8/10/2016RBC Capital MarketsReiterated RatingOutperform$52.00 -> $55.00View Rating Details
8/8/2016Citigroup Inc.Boost Price TargetBuy$48.00 -> $49.00View Rating Details
8/8/2016Royal Bank Of CanadaBoost Price TargetOutperform$52.00 -> $55.00View Rating Details
7/18/2016Wells Fargo & Co.Reiterated RatingHold$41.50View Rating Details
6/28/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$50.00 -> $36.00View Rating Details
3/17/2016Morgan StanleyLower Price TargetOverweight$71.00 -> $60.00View Rating Details
2/29/2016Credit Suisse Group AGLower Price TargetOutperform$55.00 -> $50.00View Rating Details
1/25/2016Deutsche Bank AGLower Price TargetBuy$66.00 -> $59.00View Rating Details
1/14/2016Canaccord GenuityReiterated RatingBuy$66.00 -> $56.00View Rating Details
12/23/2015SusquehannaInitiated CoverageNeutral$47.00View Rating Details
11/6/2015JPMorgan Chase & Co.UpgradeNeutral -> Overweight$63.00 -> $61.00View Rating Details
10/14/2015Goldman Sachs Group Inc.Boost Price Target$59.00 -> $63.00View Rating Details
10/1/2015ScotiabankReiterated RatingSector Outperform$70.00View Rating Details
9/23/2015CIBCDowngradeSector Outperform -> Sector Perform$62.50 -> $52.00View Rating Details
(Data available from 8/26/2014 forward)

Earnings

Earnings History for Magna International (NYSE:MGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/5/2016Q216$1.34$1.41$9.24 billion$9.44 billionViewN/AView Earnings Details
5/5/2016Q116$1.19$1.22$8.64 billion$8.90 billionViewN/AView Earnings Details
2/26/2016Q415$1.11$1.19$8.31 billion$8.60 billionViewListenView Earnings Details
11/5/2015Q315$1.09$1.13$7.75 billion$7.66 billionViewN/AView Earnings Details
8/7/2015Q215$1.18$1.29$8.91 million$8.13 millionViewN/AView Earnings Details
5/7/2015Q115$1.07$1.12$8.96 billion$8.33 billionViewN/AView Earnings Details
2/25/2015Q414$2.25$2.44$9.08 billion$9.40 billionViewN/AView Earnings Details
11/5/2014Q314$1.97$2.19$8.76 billion$8.82 billionViewN/AView Earnings Details
8/8/2014Q214$2.22$2.32$9.36 billion$8.46 billionViewN/AView Earnings Details
5/8/2014Q114$1.98$1.76$8.91 billion$8.96 billionViewN/AView Earnings Details
3/3/2014Q413$1.54$2.03$8.56 billion$8.17 billionViewN/AView Earnings Details
11/6/2013Q313$1.35$1.39$8.23 billion$8.34 billionViewN/AView Earnings Details
8/9/2013Q213$1.64$1.78$8.40 billion$8.96 billionViewN/AView Earnings Details
5/10/2013Q113$1.44$1.57$8.09 billion$8.36 billionViewN/AView Earnings Details
3/1/2013Q412$1.14$1.49$7.74 billion$8.03 billionViewN/AView Earnings Details
11/8/2012$1.03$1.66$7.02 billion$7.41 billionViewN/AView Earnings Details
2/23/2012$1.01$1.32ViewN/AView Earnings Details
11/3/2011$0.99$0.94ViewN/AView Earnings Details
8/5/2011$1.37$1.15ViewN/AView Earnings Details
5/5/2011$1.16$1.30ViewN/AView Earnings Details
2/23/2011$1.02$0.88ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magna International (NYSE:MGA)
Current Year EPS Consensus Estimate: $5.21 EPS
Next Year EPS Consensus Estimate: $6.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.16$1.22$1.19
Q2 20163$1.28$1.42$1.33
Q3 20163$1.20$1.25$1.23
Q4 20163$1.34$1.52$1.42
Q1 20173$1.38$1.50$1.43
Q2 20173$1.55$1.56$1.55
Q3 20172$1.43$1.44$1.44
Q4 20173$1.60$1.66$1.63
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Annual Dividend:$1.00
Dividend Yield:2.49%
Payout Ratio:19.16% (Based on Trailing 12 Months of Earnings)
19.19% (Based on Current Year Consensus EPS Estimate)
16.42% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:17.00% (3 Year Average)

Dividend History for Magna International (NYSE:MGA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/5/2016Quarterly$0.258/24/20168/26/20169/9/2016
5/5/2016Quarterly$0.255/25/20165/27/20166/10/2016
2/26/2016Quarterly$0.253/9/20163/11/20163/24/2016
11/5/2015Quarterly$0.2211/24/201511/27/201512/11/2015
8/7/2015quarterly$0.228/26/20158/28/20159/11/2015
5/7/2015quarterly$0.221.55%5/27/20155/29/20156/12/2015
2/25/2015quarterly$0.440.81%3/11/20153/13/20153/27/2015
11/5/2014quarterly$0.381.48%11/25/201411/28/201412/12/2014
8/8/2014quarterly$0.381.36%8/27/20148/29/20149/12/2014
5/8/2014quarterly$0.381.56%5/28/20145/30/20146/13/2014
3/3/2014quarterly$0.381.58%3/12/20143/14/20143/28/2014
11/6/2013quarterly$0.321.53%11/27/201311/29/201312/13/2013
8/9/2013quarterly$0.321.6%8/28/20138/30/20139/16/2013
5/10/2013quarterly$0.321.99%5/29/20135/31/20136/17/2013
3/1/2013quarterly$0.322.31%3/11/20133/13/20133/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magna International (NYSE:MGA)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Magna International (NYSE:MGA)
DateHeadline
News IconMagna International Inc. (NYSE:MGA) from Auto Parts Wholesale – Todays Top Gains (NYSE:MGA)
twincountynews.com - August 25 at 11:15 AM
4-traders.com logoMAGNA INTERNATIONAL INC. : ex-dividend day (NYSE:MGA)
www.4-traders.com - August 24 at 9:15 AM
News IconUpdate on Magna International Inc. (NYSE:MGA) for the day - Twin County News (NYSE:MGA)
twincountynews.com - August 23 at 6:21 PM
News IconMagna International, Inc. (NYSE:MGA) Company In Focus: Analysts & Crowd Weigh in - Post News (NYSE:MGA)
www.kentuckypostnews.com - August 23 at 6:21 PM
forbes.com logoEx-Dividend Reminder: Minerals Technologies, Scotts Miracle-Gro and Magna International - Forbes (NYSE:MGA)
www.forbes.com - August 22 at 10:44 AM
News IconAuto Parts Wholesale: Magna International Inc. (NYSE:MGA) Position of the day (NYSE:MGA)
twincountynews.com - August 20 at 10:15 AM
News IconShares Holding Above Moving Averages: Magna International Inc. (NYSE:MGA) - Post News (NYSE:MGA)
www.kentuckypostnews.com - August 19 at 6:04 PM
finance.yahoo.com logoMAGNA INTERNATIONAL INC Financials (NYSE:MGA)
finance.yahoo.com - August 18 at 6:16 PM
News IconMagna International Inc. (NYSE:MGA) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NYSE:MGA)
voiceregistrar.com - August 17 at 6:22 PM
News IconTop Gainers of the Day: Magna International Inc. (NYSE:MGA) from Auto Parts Wholesale (NYSE:MGA)
twincountynews.com - August 17 at 9:14 AM
investornewswire.com logoWill Magna International, Inc. (NYSE:MGA) Hit $63 Price Target? - Investor Newswire (NYSE:MGA)
www.investornewswire.com - August 16 at 6:15 PM
fidaily.com logoMagna International, Inc. Commo (MGA) Stake Down in Latest Report from Legal & General Group Plc (NYSE:MGA)
www.fidaily.com - August 16 at 9:28 AM
News IconUpdate on Magna International Inc. (NYSE:MGA) for the day (NYSE:MGA)
twincountynews.com - August 12 at 6:14 PM
News IconMagna International Inc. (NYSE:MGA) Price Target Increased at Royal Bank Of Canada - BNB Daily (blog) (NYSE:MGA)
www.baseball-news-blog.com - August 9 at 6:24 PM
News IconMylan NV (NASDAQ:MYL) & Magna International Inc. (USA) (NYSE:MGA) Stocks on the Move - Money News (press release) (NYSE:MGA)
www.newsismoney.com - August 9 at 9:18 AM
News IconIs Magna International Inc. (NYSE:MGA), a large market cap stock a smart buy? (NYSE:MGA)
twincountynews.com - August 8 at 6:22 PM
finance.yahoo.com logoMagna International (MGA) Beats on Q2 Earnings & Revenues (NYSE:MGA)
finance.yahoo.com - August 8 at 10:50 AM
fool.ca logoMagna International Inc. (USA) Posts Better-Than-Expected Results ... - The Motley Fool Canada (NYSE:MGA)
www.fool.ca - August 6 at 6:16 PM
News IconEarnings Review: Magna International Inc. (USA) (NYSE:MGA) - Post Registrar (NYSE:MGA)
postregistrar.com - August 6 at 6:16 PM
seekingalpha.com logoMore on Magna International's Q2 - Seeking Alpha (NYSE:MGA)
seekingalpha.com - August 5 at 6:22 PM
bloomberg.com logoCanada Stocks Rise to One-Year High on U.S. Jobs Data, Earnings (NYSE:MGA)
www.bloomberg.com - August 5 at 6:22 PM
News IconWill Magna International Inc. (USA) (NYSE:MGA) Beat Earnings Estimates? - Post Registrar (NYSE:MGA)
postregistrar.com - August 5 at 9:13 AM
sg.finance.yahoo.com logoMagna beats Street 2Q forecasts (NYSE:MGA)
sg.finance.yahoo.com - August 5 at 9:13 AM
zacks.com logoShould You Buy Magna (MGA) Ahead of Earnings? (NYSE:MGA)
www.zacks.com - August 4 at 9:19 AM
News IconLeading stocks in today’s market: Magna International Inc. (NYSE:MGA) (NYSE:MGA)
twincountynews.com - August 3 at 6:31 PM
News IconThe Statistics Don't Lie: Magna International Inc. (NYSE:MGA) Earnings Preview - The Voice Registrar (NYSE:MGA)
voiceregistrar.com - August 3 at 9:28 AM
capitalcube.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MGA-US : August 1, 2016 (NYSE:MGA)
www.capitalcube.com - August 1 at 5:57 PM
benzinga.com logoWorst Performing Industries For July 28, 2016 - Benzinga (NYSE:MGA)
www.benzinga.com - July 29 at 9:11 AM
News IconMagna International Inc. (NYSE:MGA) – Top Stock from Services ... - The Daily Leicester (NYSE:MGA)
thedailyleicester.com - July 29 at 9:11 AM
News IconEarnings Review: ImmunoCellular Therapeutics, Ltd. (NYSEMKT:IMUC), Magna International Inc. (NYSE:MGA) - News Oracle (NYSE:MGA)
www.newsoracle.com - July 29 at 9:11 AM
feeds.benzinga.com logoWorst Performing Industries For July 28, 2016 (NYSE:MGA)
feeds.benzinga.com - July 28 at 1:21 PM
bloomberg.com logoWe Will Continue to Outgrow the Market: Magna CEO (NYSE:MGA)
www.bloomberg.com - July 27 at 10:12 PM
fidaily.com logoTaylor Asset Management Inc Bought A Little More Magna International, Inc. Commo (MGA) Stock (NYSE:MGA)
www.fidaily.com - July 27 at 6:27 PM
investornewswire.com logoCan Shares Of Magna International, Inc. (NYSE:MGA) Hit $63? - Investor Newswire (NYSE:MGA)
www.investornewswire.com - July 26 at 9:21 AM
capitalcube.com logoETF’s with exposure to Magna International, Inc. : July 25, 2016 (NYSE:MGA)
www.capitalcube.com - July 25 at 1:33 PM
wallstrt24.com logoXL Group plc (NYSE:XL) & Magna International (NYSE:MGA) Stocks Under Consideration - Wall Street 24 (NYSE:MGA)
wallstrt24.com - July 25 at 10:40 AM
News IconEarnings Roundup: Goldcorp Inc. (NYSE:GG), Magna International, Inc. (NYSE:MGA), Solera Holdings, Inc. (NYSE ... - Engelwood Daily (NYSE:MGA)
www.engelwooddaily.com - July 23 at 10:04 AM
News IconEquity Roundup: Stock Performance Focus on Magna International, Inc. (NYSE:MGA) - Press Telegraph (NYSE:MGA)
presstelegraph.com - July 23 at 10:04 AM
publicnow.com logoPress Release - Magna International Inc. - Notice of Conference Call for Second Quarter 2016 Results (NYSE:MGA)
www.publicnow.com - July 22 at 12:18 PM
finance.yahoo.com logoMagna International Inc. - Notice of Conference Call for Second Quarter 2016 Results (NYSE:MGA)
finance.yahoo.com - July 22 at 11:35 AM
News IconToday's Top Gainers in the Market Magna International Inc. (NYSE:MGA) from Services - The Daily Leicester (NYSE:MGA)
thedailyleicester.com - July 22 at 9:06 AM
capitalcube.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MGA-US : July 22, 2016 (NYSE:MGA)
www.capitalcube.com - July 22 at 8:04 AM
investornewswire.com logoIs $63 Price Target Attainable For Magna International, Inc. (NYSE:MGA)? - Investor Newswire (NYSE:MGA)
www.investornewswire.com - July 20 at 9:04 AM
News IconJames Investment Research Inc buys $58053122 stake in Magna International (USA) (MGA) - TheFounders Daily (NYSE:MGA)
www.thefoundersdaily.com - July 20 at 9:04 AM
News IconMagna recommends rejection of “Mini-Tender” offer (NYSE:MGA)
www.automotiveworld.com - July 18 at 6:19 PM
News IconMagna International, Inc. (NYSE:MGA) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:MGA)
www.engelwooddaily.com - July 18 at 11:26 AM
ftsenews.co.uk logoNew Broker Ratings For Magna International, Inc. (NYSE:MGA) - FTSE News (NYSE:MGA)
www.ftsenews.co.uk - July 18 at 11:26 AM
News IconAnalysts Are Expecting this Stock to Rise: Magna International Inc. (NYSE:MGA) - TGP (NYSE:MGA)
telanaganapress.com - July 16 at 9:31 AM
publicnow.com logoPress Release - Magna Recommends Rejection of "Mini-Tender" Offer (NYSE:MGA)
www.publicnow.com - July 15 at 5:48 PM
publicnow.com logoPress Release - Magna Establishes U.S. $500 Million Commercial Paper Program (NYSE:MGA)
www.publicnow.com - July 15 at 5:48 PM

Social

Magna International (NYSE:MGA) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff