Magna International Company Profile (NYSE:MGA)

About Magna International (NYSE:MGA)

Magna International logoMagna International Inc. (Magna) is a global automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. The Company's product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 320 manufacturing operations and approximately 100 product development, engineering and sales centers in over 30 countries. It provides a range of body, chassis and engineering solutions to its original equipment manufacturer (OEM) customers. It has capabilities in powertrain design, development, testing and manufacturing. It offers bumper fascia systems, exterior trim and modular systems. It offers exterior and interior mirror systems. It offers sealing, trim, engineered glass and module systems. It offers softtops, retractable hardtops, modular tops and hardtops.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Parts Wholesale
  • Sub-Industry: N/A
  • Symbol: NYSE:MGA
  • CUSIP: N/A
  • Web: www.magna.com
Capitalization:
  • Market Cap: $17.27 billion
  • Outstanding Shares: 380,265,000
Average Prices:
  • 50 Day Moving Avg: $41.96
  • 200 Day Moving Avg: $42.89
  • 52 Week Range: $32.76 - $47.21
P/E:
  • Trailing P/E Ratio: 8.34
  • Foreward P/E Ratio: 6.93
  • P/E Growth: 0.68
Sales & Book Value:
  • Annual Revenue: $36.92 billion
  • Price / Sales: 0.47
  • Book Value: $27.20 per share
  • Price / Book: 1.67
Dividend:
  • Annual Dividend: $1.00
  • Dividend Yield: 2.3%
Profitability:
  • EBIDTA: $4 billion
  • 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%
Misc:
  • Average Volume: 1.52 million shs.
  • Beta: 1.48
  • Short Ratio: 2.04
 

Frequently Asked Questions for Magna International (NYSE:MGA)

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 announced a quarterly dividend on Thursday, May 11th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.275 per share on Friday, June 9th. This represents a $1.10 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, 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's stock split on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly created shares were distributed to shareholders after the market closes 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) issued its quarterly earnings data on Thursday, May, 11th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.34 by $0.19. The company earned $9.37 billion during the quarter, compared to analyst estimates of $9.13 billion. Magna International had a net margin of 5.67% and a return on equity of 20.72%. The business's quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.22 earnings per share. View Magna International's Earnings History.

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

10 equities research analysts have issued 12-month price targets for Magna International's shares. Their forecasts range from $36.00 to $68.00. On average, they anticipate Magna International's share price to reach $49.94 in the next twelve months. View Analyst Ratings for Magna International.

Who are some of Magna International's key competitors?

Who owns Magna International stock?

Magna International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sentry Investments Corp. (0.99%), Cornerstone Investment Partners LLC (0.51%), Schroder Investment Management Group (0.48%), Ameriprise Financial Inc. (0.43%), DnB Asset Management AS (0.40%) and Russell Investments Group Ltd. (0.39%). View Institutional Ownership Trends for Magna International.

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 Ameriprise Financial Inc., Sentry Investments Corp., Russell Investments Group Ltd., James Investment Research Inc., O Shaughnessy Asset Management LLC, Capital Fund Management S.A., Hillsdale Investment Management Inc. and Cornerstone Investment Partners LLC. View Insider Buying and Selling for Magna International.

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 United Services Automobile Association, Schroder Investment Management Group, Scout Investments Inc., Karp Capital Management Corp, Becker Capital Management Inc., William Blair Investment Management LLC, US Bancorp DE and DnB Asset Management AS. View Insider Buying and Selling for Magna International.

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 $45.42.

Analyst Ratings

Consensus Ratings for Magna International (NYSE:MGA) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $49.94 (9.95% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017ScotiabankBoost Price TargetOutperform$65.00 -> $68.00MediumView Rating Details
5/12/2017Royal Bank of CanadaBoost Price TargetOutperform$57.00 -> $60.00MediumView Rating Details
5/12/2017TD SecuritiesUpgradeHold -> Buy$50.00 -> $55.00LowView Rating Details
2/27/2017MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$47.00N/AView Rating Details
1/9/2017KeyCorpReiterated RatingOverweightN/AView Rating Details
11/9/2016Bank of America CorpDowngradeBuy -> Underperform$54.00 -> $36.00N/AView Rating Details
10/8/2016Goldman Sachs Group IncReiterated RatingNeutral$44.00 -> $43.00N/AView Rating Details
8/8/2016Citigroup IncBoost Price TargetBuy$48.00 -> $49.00N/AView Rating Details
7/18/2016Wells Fargo & CoReiterated RatingHold$41.50N/AView Rating Details
3/17/2016Morgan StanleyLower Price TargetOverweight$71.00 -> $60.00N/AView Rating Details
2/29/2016Credit Suisse Group AGLower Price TargetOutperform$55.00 -> $50.00N/AView Rating Details
1/25/2016Deutsche Bank AGLower Price TargetBuy$66.00 -> $59.00N/AView Rating Details
1/14/2016Canaccord GenuityReiterated RatingBuy$66.00 -> $56.00N/AView Rating Details
12/23/2015Susquehanna Bancshares IncInitiated CoverageNeutral$47.00N/AView Rating Details
11/6/2015JPMorgan Chase & Co.UpgradeNeutral -> Overweight$63.00 -> $61.00N/AView Rating Details
9/23/2015CIBCDowngradeSector Outperform -> Sector Perform$62.50 -> $52.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Magna International (NYSE:MGA)
Earnings by Quarter for Magna International (NYSE:MGA)
Earnings History by Quarter for Magna International (NYSE:MGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/2017Q1 17$1.34$1.53$9.13 billion$9.37 billionViewN/AView Earnings Details
2/24/2017Q416$1.38$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$1.17$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$2.52$9.08 billion$9.40 billionViewN/AView Earnings Details
11/5/2014Q314$1.97$2.22$8.76 billion$8.82 billionViewN/AView Earnings Details
8/8/2014Q214$2.22$2.37$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)
2017 EPS Consensus Estimate: $5.78
2018 EPS Consensus Estimate: $6.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$1.34$1.40$1.37
Q2 20174$1.42$1.56$1.49
Q3 20173$1.26$1.43$1.35
Q4 20174$1.43$1.66$1.57
Q1 20181$1.70$1.70$1.70
Q2 20181$1.76$1.76$1.76
Q3 20181$1.58$1.58$1.58
Q4 20181$1.84$1.84$1.84
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Next Dividend:6/9/2017
Annual Dividend:$1.00
Dividend Yield:2.20%
Dividend Growth:16.00% (3 Year Average)
Payout Ratio:19.65% (Trailing 12 Months of Earnings)
17.30% (Based on This Year's Estimates)
15.27% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Magna International (NYSE:MGA)

Dividend History by Quarter for Magna International (NYSE:MGA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/11/2017quarterly$0.282.46%5/24/20175/26/20176/9/2017
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

Headline Trends for Magna International (NYSE:MGA)
Latest Headlines for Magna International (NYSE:MGA)
Source:
DateHeadline
americanbankingnews.com logoMagna International Inc. (MGA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 18 at 1:32 PM
nasdaq.com logoJoel Greenblatt's Top 3 New Stocks for the 1st Quarter - Nasdaq
www.nasdaq.com - May 18 at 8:32 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Magna International Inc. (MGA) Reduced by Analyst
www.americanbankingnews.com - May 17 at 7:52 AM
nasdaq.com logoMagna International (MGA) Beats on Q1 Earnings, Revenues - Nasdaq
www.nasdaq.com - May 16 at 6:20 PM
finance.yahoo.com logoMagna Shines a Light on Blind Spots with its ClearView Vision Systems
finance.yahoo.com - May 15 at 5:53 PM
finance.yahoo.com logoMagna International (MGA) Beats on Q1 Earnings, Revenues
finance.yahoo.com - May 15 at 5:53 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Magna International Inc. Issued By Cormark (MGA)
www.americanbankingnews.com - May 15 at 7:46 AM
americanbankingnews.com logoMagna International Inc. (MGA) Lifted to "Buy" at TD Securities
www.americanbankingnews.com - May 12 at 11:20 PM
fool.ca logoTime to Shift into High Gear on Magna International Inc.?
www.fool.ca - May 12 at 7:08 PM
americanbankingnews.com logoMagna International Inc. (MGA) Given New $60.00 Price Target at Royal Bank of Canada
www.americanbankingnews.com - May 12 at 3:30 PM
americanbankingnews.com logoMagna International Inc. (MGA) Price Target Increased to $68.00 by Analysts at Scotiabank
www.americanbankingnews.com - May 12 at 2:54 PM
seekingalpha.com logoMagna International (MGA) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 5:43 AM
americanbankingnews.com logoMagna International Inc. (MGA) Plans $0.28 Quarterly Dividend
www.americanbankingnews.com - May 11 at 9:24 PM
rttnews.com logoMagna Q1 Results Top Estimates; Lifts 2017 Total Sales Outlook
www.rttnews.com - May 11 at 7:00 PM
finance.yahoo.com logoMagna Announces First Quarter Results
finance.yahoo.com - May 11 at 7:00 PM
finance.yahoo.com logoCanada's Magna International posts 19 pct rise in profit
finance.yahoo.com - May 11 at 7:00 PM
finance.yahoo.com logoCanadian auto parts maker Magna's profit beats estimates
finance.yahoo.com - May 11 at 7:00 PM
finance.yahoo.com logoMagna tops Street 1Q forecasts
finance.yahoo.com - May 11 at 7:00 PM
finance.yahoo.com logoMagna announces 2017 annual meeting results
finance.yahoo.com - May 11 at 7:00 PM
americanbankingnews.com logoMagna International Inc. (MGA) Announces Earnings Results
www.americanbankingnews.com - May 11 at 3:00 PM
finance.yahoo.com logoMagna International, Inc. – Value Analysis (NYSE:MGA) : May 8, 2017
finance.yahoo.com - May 9 at 11:49 AM
americanbankingnews.com logoMagna International Inc. (MGA) Expected to Post Quarterly Sales of $9.26 Billion
www.americanbankingnews.com - May 7 at 9:42 AM
americanbankingnews.com logoMagna International Inc. (MGA) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 5 at 7:02 PM
americanbankingnews.com logoZacks: Brokerages Expect Magna International Inc. (MGA) to Post $1.34 EPS
www.americanbankingnews.com - May 5 at 10:42 AM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MGA-US : May 5, 2017
finance.yahoo.com - May 5 at 8:45 AM
finance.yahoo.com logoThe father of the iPod is teaming up with the biggest car company you've never heard of
finance.yahoo.com - May 4 at 1:12 AM
americanbankingnews.com logoMagna International (MGA) Getting Positive News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 2:39 PM
fool.ca logo2 Canadian Stocks to Avoid if Trump Starts a Trade War
www.fool.ca - May 2 at 4:39 PM
seekingalpha.com logoMagna International lines up new JV in China - Seeking Alpha - Seeking Alpha
seekingalpha.com - April 29 at 12:25 AM
finance.yahoo.com logoMagna Int'l Enters Joint Venture with Chinese Seating Supplier
finance.yahoo.com - April 28 at 7:24 PM
americanbankingnews.com logoSomewhat Negative Media Coverage Somewhat Likely to Affect Magna International (MGA) Share Price
www.americanbankingnews.com - April 28 at 2:42 PM
americanbankingnews.com logoMagna International Inc. (MGA) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 28 at 1:04 PM
rttnews.com logoMagna Enters Into Joint Venture With Chinese Seating Supplier - Quick Facts
www.rttnews.com - April 28 at 9:18 AM
finance.yahoo.com logoMagna enters joint venture with Chinese seating supplier
finance.yahoo.com - April 28 at 9:18 AM
nasdaq.com logoDecember 15th Options Now Available For Magna International (MGA) - Nasdaq
www.nasdaq.com - April 26 at 6:47 PM
americanbankingnews.com logoMagna International (MGA) Given Coverage Optimism Rating of 0.31
www.americanbankingnews.com - April 25 at 8:10 PM
americanbankingnews.com logoMagna International (MGA) Getting Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 21 at 12:14 AM
finance.yahoo.com logoMagna International Inc. - Notice of Conference Call for First Quarter 2017 Results
finance.yahoo.com - April 20 at 6:35 PM
americanbankingnews.com logoMagna International (MGA) Receives Coverage Optimism Score of 0.57
www.americanbankingnews.com - April 17 at 10:31 AM
americanbankingnews.com logoMagna International Inc. (MGA) Expected to Announce Quarterly Sales of $9.25 Billion
www.americanbankingnews.com - April 15 at 7:32 AM
americanbankingnews.com logoMagna International (MGA) Earning Very Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 14 at 8:16 AM
americanbankingnews.com logo$1.34 Earnings Per Share Expected for Magna International Inc. (MGA) This Quarter
www.americanbankingnews.com - April 14 at 12:22 AM
americanbankingnews.com logoMagna International Inc. (MGA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 10 at 8:50 PM
finance.yahoo.com logoMagna International, Inc. : MGA-US: Dividend Analysis : March 10th, 2017 (record date) : By the numbers : April 4, 2017
finance.yahoo.com - April 7 at 11:11 AM
finance.yahoo.com logoMagna Commits Investment of $5 Million in Artificial Intelligence Research Institute
finance.yahoo.com - March 30 at 6:49 PM
finance.yahoo.com logoMagna Posts 2016 Annual Report
finance.yahoo.com - March 29 at 7:07 PM
us.rd.yahoo.com logo6:11 pm Magna: Toronto Stock Exchange accepts the amended Notice of Intention to Make a Normal Course Issuer Bid
us.rd.yahoo.com - March 17 at 11:43 PM
finance.yahoo.com logoMagna announces specific share repurchase program as part of normal course issuer bid
finance.yahoo.com - March 17 at 6:42 PM
nasdaq.com logoMagna International (MGA) Launches Carbon Fiber Subframe - Nasdaq
www.nasdaq.com - March 16 at 4:45 AM
seekingalpha.com logoMagna Is A Strong Buy - Seeking Alpha
seekingalpha.com - March 16 at 4:45 AM

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Chart

Magna International (MGA) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff