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: $43.05
  • 50 Day Moving Average: $43.98
  • 200 Day Moving Average: $42.20
  • 52-Week Range: $32.76 - $47.21
  • Trailing P/E Ratio: 8.46
  • Foreward P/E Ratio: 7.49
  • P/E Growth: 0.76
  • Market Cap: $16.55B
  • Outstanding Shares: 384,409,000
  • Beta: 1.48
Profitability:
  • 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%
Additional Links:
Companies Related to Magna International:

Analyst Ratings

Consensus Ratings for Magna International (NYSE:MGA) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $48.85 (13.47% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetDetails
1/13/2017TD SecuritiesDowngradeBuy -> Hold$47.00 -> $50.00View Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$47.00View Rating Details
1/9/2017KeyCorpReiterated RatingOverweightView Rating Details
1/6/2017Royal Bank of CanadaBoost Price TargetOutperform$55.00 -> $56.00View Rating Details
1/6/2017RBC Capital MarketsReiterated RatingOutperform$55.00 -> $56.00View Rating Details
11/9/2016MacquarieDowngradeOutperform -> NeutralView Rating Details
11/9/2016Bank of America CorpDowngradeBuy -> Underperform$54.00 -> $36.00View Rating Details
10/8/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$44.00 -> $43.00View Rating Details
8/8/2016Citigroup Inc.Boost Price TargetBuy$48.00 -> $49.00View Rating Details
7/18/2016Wells Fargo & CoReiterated RatingHold$41.50View Rating Details
3/17/2016Morgan StanleyLower Price TargetOverweight$71.00 -> $60.00View Rating Details
2/29/2016Credit Suisse GroupLower 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
12/23/2015Susquehanna Bancshares IncInitiated CoverageNeutral$47.00View Rating Details
11/6/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$63.00 -> $61.00View 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 2/25/2015 forward)

Earnings

Earnings History for Magna International (NYSE:MGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017Q416$1.36$1.24$9.21 billion$9.25 billionViewN/AView Earnings Details
11/3/2016Q316$1.20$1.29$8.57 billion$8.85 billionViewN/AView Earnings Details
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: $5.27 EPS
Next Year EPS Consensus Estimate: $5.75 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$1.36$1.52$1.42
Q1 20173$1.35$1.40$1.38
Q2 20173$1.47$1.56$1.53
Q3 20172$1.30$1.43$1.37
Q4 20173$1.50$1.66$1.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Annual Dividend:$1.00
Dividend Yield:2.32%
Dividend Growth:16.00% (3 Year Average)
Payout Ratio:19.65% (Based on Trailing 12 Months of Earnings)
18.98% (Based on Current Year Consensus EPS Estimate)
17.39% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Magna International (NYSE:MGA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/24/2017quarterly$0.282.56%3/8/20173/10/20173/24/2017
11/4/2016Quarterly$0.2511/22/201611/25/201612/9/2016
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 IconTrading Watch on Shares of Magna International Inc (MGA) - BVN (NYSE:MGA)
bvnewsjournal.com - February 25 at 8:13 AM
nasdaq.com logoEarnings Reaction History: Magna International, Inc. CL A, 44.4% Follow-Through Indicator, 3.6% Sensitive - Nasdaq (NYSE:MGA)
www.nasdaq.com - February 25 at 8:13 AM
News IconAuto-parts maker Magna International sees border tax danger (NYSE:MGA)
www.goupstate.com - February 25 at 12:45 AM
News IconMagna says Q4 profits remained stable as revenues grew (NYSE:MGA)
hoyentv.com - February 24 at 7:45 PM
News IconFiscal Year Earnings Estimate on Magna International, Inc.(MGA) (NYSE:MGA)
cloudhostinghq.net - February 24 at 7:45 PM
News IconMagna International Inc. (NYSE:MGA) Slow Out of The Gate (NYSE:MGA)
latribunadecanarias.com - February 24 at 7:45 PM
News IconMagna International Inc. (NYSE:MGA) Experiencing Unusual Activity Mid-day (NYSE:MGA)
interiordesignfuture.com - February 24 at 7:45 PM
bloomberg.com logoNorth America's Biggest Car-Parts Maker Sees Border Tax Risk (NYSE:MGA)
us.rd.yahoo.com - February 24 at 7:45 PM
us.rd.yahoo.com logoMagna International misses profit estimates, warns on border tax (NYSE:MGA)
us.rd.yahoo.com - February 24 at 7:45 PM
finance.yahoo.com logoMagna Announces Fourth Quarter and 2016 Results (NYSE:MGA)
finance.yahoo.com - February 24 at 9:31 AM
finance.yahoo.com logoCanada's Magna International posts 8 pct rise in sales (NYSE:MGA)
finance.yahoo.com - February 24 at 9:31 AM
finance.yahoo.com logo5:17 am Magna misses by $0.11, reports revs in-line; guides FY17 revs in-line (NYSE:MGA)
finance.yahoo.com - February 24 at 9:31 AM
finance.yahoo.com logoMagna International profit misses estimates as costs rise (NYSE:MGA)
finance.yahoo.com - February 24 at 9:31 AM
News IconAnalysts Peer Into Their Crystal Balls For Magna International, Inc. (NYSE:MGA): Where Is It headed? - Winfield Review (NYSE:MGA)
winfieldreview.com - February 23 at 11:33 PM
bloomberg.com logoMagna CEO: Trade Barriers "Detrimental" To Auto Industry (NYSE:MGA)
www.bloomberg.com - February 23 at 6:33 PM
News IconFiscal Year Earnings Estimate on Magna International, Inc.(MGA) - Money Flow Index & Trends (NYSE:MGA)
www.moneyflowtrends.com - February 23 at 7:19 AM
News IconAnalysts Take: Magna International, Inc. (NYSE:MGA) Projected Earnings & Price Targets - Aiken Advocate (NYSE:MGA)
aikenadvocate.com - February 22 at 8:20 AM
News IconCompany Watch: Viewing Levels for Magna International Inc (MGA) - SKV News (NYSE:MGA)
skvnews.com - February 22 at 8:20 AM
News IconIs The Sell-Side Predicting That Magna International, Inc. (NYSE:MGA) Will Move Higher? - Winfield Review (NYSE:MGA)
winfieldreview.com - February 17 at 2:52 PM
News IconMomentum Stocks in Concentration: DTE Energy Company (NYSE ... - The Newburgh Press (NYSE:MGA)
newburghpress.com - February 17 at 2:52 PM
News IconDividend Growth of Magna International, Inc.(MGA) - Highland Mirror (NYSE:MGA)
www.highlandmirror.com - February 17 at 2:52 PM
seekingalpha.com logoMagna International - Undervalued Dividend Powerhouse (NYSE:MGA)
seekingalpha.com - February 16 at 6:05 PM
News IconForward Earnings Estimate of Magna International, Inc.(MGA) - Highland Mirror (NYSE:MGA)
www.highlandmirror.com - February 11 at 5:26 AM
finance.yahoo.com logoNotice of Conference Call for Fourth Quarter and Year End 2016 Results (NYSE:MGA)
finance.yahoo.com - February 8 at 7:21 PM
finance.yahoo.com logoCummins (CMI) Likely to Beat on Q4 Earnings: Stock to Gain? (NYSE:MGA)
finance.yahoo.com - February 6 at 9:55 AM
News IconWhat Analysts Report Shows About Magna International, Inc. (NYSE:MGA)? - Transcript Daily (NYSE:MGA)
transcriptdaily.com - February 4 at 11:33 PM
seekingalpha.com logoMagna International: Good Entry Point - Seeking Alpha (NYSE:MGA)
seekingalpha.com - February 4 at 11:33 PM
seekingalpha.com logoMagna International: Can This Giant Grow Even Bigger? - Seeking Alpha (NYSE:MGA)
seekingalpha.com - February 2 at 7:20 PM
News IconMagna International, Inc. (NYSE:MGA) News Impact Score At 76 - Stock Observer (NYSE:MGA)
www.thestockobserver.com - February 2 at 7:20 PM
News IconMagna International, Inc. (NYSE:MGA) Stock Price Target Given At $54.518 - Transcript Daily (NYSE:MGA)
transcriptdaily.com - February 2 at 12:22 AM
News IconMagna International, Inc. (NYSE:MGA) Price Target Expected At $54.518 - Transcript Daily (NYSE:MGA)
transcriptdaily.com - January 28 at 11:39 PM
News IconTrading Views: Checking the Numbers for Magna International Inc. (MGA) - Springdale Times (NYSE:MGA)
springdaletimes.com - January 28 at 11:39 PM
News IconIs Magna International Inc. (NYSE:MGA), a large market cap stock a smart buy? (NYSE:MGA)
twincountynews.com - January 28 at 12:04 AM
News IconMagna International, Inc. (NYSE:MGA) News Impact Score At 50 - Stock Observer (NYSE:MGA)
www.thestockobserver.com - January 26 at 9:28 PM
News IconMagna International Inc. (NYSE:MGA) from Auto Parts Wholesale – Todays Top Gains (NYSE:MGA)
twincountynews.com - January 25 at 12:16 AM
News IconMagna International, Inc. (NYSE:MGA) Equity Price Target Fixed At $54.518 - Transcript Daily (NYSE:MGA)
transcriptdaily.com - January 24 at 7:15 PM
News IconSell-side is Weighing in on Magna International, Inc. (NYSE:MGA) Earnings - Aiken Advocate (NYSE:MGA)
aikenadvocate.com - January 23 at 11:52 PM
News IconEarnings in Full Force, Analysts Take Aim at Magna International, Inc. (NYSE:MGA) - Wall Street Beacon (NYSE:MGA)
wsbeacon.com - January 23 at 6:51 PM
capitalcube.com logoMagna International, Inc. : MGA-US: Dividend Analysis : November 25th, 2016 (record date) : By the numbers : January 23, 2017 (NYSE:MGA)
www.capitalcube.com - January 23 at 10:12 AM
News IconLarge Cap Auto Parts Wholesale: Magna International Inc. (NYSE:MGA) (NYSE:MGA)
twincountynews.com - January 22 at 11:22 PM
News IconWhat do the Charts Say About Shares of Magna International Inc. (MGA) - Sherwood Daily (NYSE:MGA)
sherwooddaily.com - January 22 at 4:22 AM
News IconImpact Score Of Magna International, Inc. (NYSE:MGA) At 0 - Stock Observer (NYSE:MGA)
www.thestockobserver.com - January 22 at 4:22 AM
News IconLeading stocks in today’s market: Magna International Inc. (NYSE:MGA) (NYSE:MGA)
twincountynews.com - January 21 at 6:21 PM
capitalcube.com logoMagna International, Inc. – Value Analysis (NYSE:MGA) : January 20, 2017 (NYSE:MGA)
www.capitalcube.com - January 20 at 7:17 PM
capitalcube.com logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MGA-US : January 19, 2017 (NYSE:MGA)
www.capitalcube.com - January 19 at 8:35 PM
News IconMagna International Inc. (MG.A) Downgraded by TD Securities (NYSE:MGA)
prensariotiretail.com - January 19 at 12:03 AM
News IconThe Magna International Inc (NYSE:MGA)
larampadinapoli.com - January 19 at 12:03 AM
News IconTD Securities Lowers Magna International, Inc. (MGA) to Hold (NYSE:MGA)
xboxonezone.com - January 19 at 12:03 AM
moodys.com logoMagna International Inc. -- Moody's Upgrades Magna to A3; rating outlook stable (NYSE:MGA)
www.moodys.com - January 18 at 7:01 PM
News IconWill The Needle Move For Magna International, Inc. (NYSE:MGA) Shares This Earnings Season? - Wall Street Beacon (NYSE:MGA)
wsbeacon.com - January 17 at 6:52 PM

Social

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 24th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.275 per share on Friday, March 24th. This represents a $1.10 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend is Wednesday, March 8th. This is a positive change from Magna International's previous quarterly dividend of $0.25.

When did Magna International's stock split? How did Magna International's stock split work?

Magna International's stock split on the morning of Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly issued 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.

Where is Magna International's stock going? Where will Magna International's stock price be in 2017?

12 analysts have issued 12 month price objectives for Magna International's stock. Their predictions range from $36.00 to $60.00. On average, they expect Magna International's share price to reach $48.85 in the next year.

Who owns Magna International stock?

Magna International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.49%), Foresters Investment Management Company Inc. (0.14%), Renaissance Group LLC (0.08%), O Shaughnessy Asset Management LLC (0.07%), Leuthold Group LLC (0.04%) and Comerica Bank (0.01%).

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 O Shaughnessy Asset Management LLC, Renaissance Group LLC, Leuthold Group LLC, Osborn Williams & Donohoe LLC, Burney Co. and Horizon Investments LLC.

Who bought Magna International stock? Who is buying Magna International stock?

Magna International's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., SRS Capital Advisors Inc., Cantab Capital Partners LLP, Comerica Bank, Foresters Investment Management Company Inc. and Van ECK Associates Corp.

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 $43.05.

Magna International (NYSE:MGA) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Magna International (NYSE:MGA)

Earnings History Chart

Earnings by Quarter for Magna International (NYSE:MGA)

Dividend History Chart

Dividend Payments by Quarter for Magna International (NYSE:MGA)

Last Updated on 2/25/2017 by MarketBeat.com Staff