NYSE:MGA - Magna International Stock Price, Price Target & More

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$62.73 +0.31 (+0.50 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$62.73
Today's Range$61.78 - $63.19
52-Week Range$44.55 - $67.47
Volume1.50 million shs
Average Volume903,623 shs
Market Capitalization$22.01 billion
P/E Ratio10.53
Dividend Yield2.11%
Beta1.34
Magna International logoMagna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company offers body systems, including exterior sheetmetal and closure systems, body structure systems, and energy management solutions; chassis systems, such as frames and chassis subframes, suspension links and arms, and chassis modules; and engineering services comprising support, program management, virtual tool, prototype build and validation, testing, and research and development services. It also provides fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites; and roof systems that include softtops, retractable hardtops, modular tops, and hardtops. In addition, the company offers latching system, hinge and wire forming, power closure, electronic, door module, window system, engineered glass, sealing, trim and roof rack, testing center, and running board closures; and driveline systems, fluid pressure and controls, and metal-forming solutions. Further, it provides driver assistance systems and electronic components; and interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings. Additionally, the company offers seating systems, mechanism and seat structure solutions, foam and trim solutions, and design and development solutions; and engineering services, vehicle contract manufacturing services, and fuel systems. The company serves original equipment manufacturer, tier 1, medium and heavy truck, and non-automotive customers. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.26
Current Ratio1.24
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio10.53
Forward P/E Ratio8.89
P/E Growth1.04

Sales & Book Value

Annual Sales$38.95 billion
Price / Sales0.57
Cash Flow$9.8477 per share
Price / Cash6.37
Book Value$32.51 per share
Price / Book1.93

Profitability

EPS (Most Recent Fiscal Year)$5.96
Net Income$2.21 billion
Net Margins5.65%
Return on Equity19.64%
Return on Assets9.02%

Miscellaneous

Employees155,000
Outstanding Shares352,670,000

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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 Wednesday, May 9th. Shareholders of record on Friday, May 25th will be given a dividend of $0.257 per share on Friday, June 8th. This represents a $1.03 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, May 24th. 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 the morning of 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) announced its quarterly earnings results on Thursday, May, 10th. The company reported $1.84 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.66 by $0.18. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.02 billion. Magna International had a net margin of 5.65% and a return on equity of 19.64%. The business's quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.53 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 Friday, August, 10th 2018. View Earnings Estimates for Magna International.

What price target have analysts set for MGA?

18 analysts have issued 12-month target prices for Magna International's shares. Their forecasts range from $41.00 to $80.00. On average, they expect Magna International's stock price to reach $66.7333 in the next twelve months. View Analyst Ratings for Magna International.

Who are some of Magna International's key competitors?

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 61)
  • Mr. Vincent Joseph Galifi B.Com., C.A., Exec. VP & CFO (Age 58)
  • Mr. Tommy J. Skudutis, Exec. VP & COO
  • Mr. James J. Tobin Sr., Chief Marketing Officer & Pres of Magna Asia
  • Mr. Seetarama Swamy Kotagiri, Exec. VP, CTO and Pres of Magna Power & Vision

Has Magna International been receiving favorable news coverage?

Media headlines about MGA stock have been trending somewhat positive on Saturday, according to Accern Sentiment. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Magna International earned a news sentiment score of 0.06 on Accern's scale. They also assigned media headlines about the company an impact score of 45.40 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Magna International's major shareholders?

Magna International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Letko Brosseau & Associates Inc. (1.58%), Great West Life Assurance Co. Can (1.37%), CIBC World Markets Inc. (1.37%), The Manufacturers Life Insurance Company (0.85%), Sentry Investments Corp. (0.72%) and CIBC Asset Management Inc (0.70%). View Institutional Ownership Trends for Magna International.

Which institutional investors are selling Magna International stock?

MGA stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Toronto Dominion Bank, Allianz Asset Management GmbH, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Legal & General Group Plc, Fiera Capital Corp, Intact Investment Management Inc. and Swiss National Bank. View Insider Buying and Selling for Magna International.

Which institutional investors are buying Magna International stock?

MGA stock was purchased by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Schroder Investment Management Group, CIBC World Markets Inc., Thrivent Financial for Lutherans, Zurcher Kantonalbank Zurich Cantonalbank, Neuberger Berman Group LLC, Sentry Investments Corp. and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for Magna International.

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 $62.73.

How big of a company is Magna International?

Magna International has a market capitalization of $22.01 billion and generates $38.95 billion in revenue each year. The company earns $2.21 billion in net income (profit) each year or $5.96 on an earnings per share basis. Magna International employs 155,000 workers across the globe.

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 (MGA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  480 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  888
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 6/23/2018 by MarketBeat.com Staff

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