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

Magna International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGA."

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.

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.

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.

Magna International is scheduled to release their next quarterly earnings announcement on Friday, August, 10th 2018. View Earnings Estimates for Magna International.

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.

Some companies that are related to Magna International include Continental (CTTAY), Aptiv (APTV), VALEO/S (VLEEY), Autoliv (ALV), Lear (LEA), Icahn Enterprises LP Common Stock (IEP), ISUZU MOTORS Lt/ADR (ISUZY), BorgWarner (BWA), Gentex (GNTX), Allison Transmission (ALSN), Adient (ADNT), Delphi Technologies (DLPH), Dongfeng Motor Group Co. Ltd ADR Class H (DNFGY), Dana (DAN) and Cooper Standard (CPS).

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.

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.

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.

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.

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.

One share of MGA stock can currently be purchased for approximately $62.73.

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.

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]