NYSE:MGA - Magna International Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$44.93 +0.44 (+0.99 %)
(As of 12/12/2018 06:00 AM ET)
Previous Close$44.49
Today's Range$44.93 - $46.31
52-Week Range$43.85 - $67.47
Volume1.34 million shs
Average Volume1.33 million shs
Market Capitalization$15.22 billion
P/E Ratio7.54
Dividend Yield2.90%
Beta1.35
Magna 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.

Receive MGA News and Ratings via Email

Sign-up to receive the latest news and ratings for MGA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNYSE:MGA
Previous Symbol
CUSIPN/A
Phone905-726-2462

Debt

Debt-to-Equity Ratio0.27
Current Ratio1.19
Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio7.54
Forward P/E Ratio6.69
P/E Growth0.8

Sales & Book Value

Annual Sales$38.95 billion
Price / Sales0.39
Cash Flow$9.6832 per share
Price / Cash Flow4.64
Book Value$32.51 per share
Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)$5.96
Net Income$2.21 billion
Net Margins5.83%
Return on Equity19.98%
Return on Assets8.93%

Miscellaneous

Employees173,000
Outstanding Shares334,510,000
Market Cap$15.22 billion
OptionableOptionable

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, November 7th. Shareholders of record on Friday, November 23rd will be given a dividend of $0.33 per share on Friday, December 7th. This represents a $1.32 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Wednesday, November 21st. 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 before market open on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly issued 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) posted its earnings results on Thursday, November, 8th. The company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.07. The company earned $9.62 billion during the quarter, compared to the consensus estimate of $9.62 billion. Magna International had a net margin of 5.83% and a return on equity of 19.98%. Magna International's revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business earned $1.36 EPS. 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 Thursday, February 28th 2019. View Earnings Estimates for Magna International.

What guidance has Magna International issued on next quarter's earnings?

Magna International updated its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $40.3-41.4 billion, compared to the consensus revenue estimate of $41.21 billion.

What price target have analysts set for MGA?

18 equities research analysts have issued 12-month target prices for Magna International's stock. Their forecasts range from $48.00 to $80.00. On average, they expect Magna International's stock price to reach $66.6429 in the next year. This suggests a possible upside of 48.3% from the stock's current price. View Analyst Price Targets for Magna International.

What is the consensus analysts' recommendation for Magna International?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last year. There are currently 1 sell rating, 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magna International.

Has Magna International been receiving favorable news coverage?

News headlines about MGA stock have trended positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Magna International earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future.

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

Who are Magna International's major shareholders?

Magna International's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Toronto Dominion Bank (0.59%), Russell Investments Group Ltd. (0.46%), Connor Clark & Lunn Investment Management Ltd. (0.40%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Schroder Investment Management Group (0.38%) and Bank of New York Mellon Corp (0.32%).

Which major investors are selling Magna International stock?

MGA stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, James Investment Research Inc., Cardinal Capital Management Inc., Toronto Dominion Bank, Gulf International Bank UK Ltd, DNB Asset Management AS, Hillsdale Investment Management Inc. and Panagora Asset Management Inc..

Which major investors are buying Magna International stock?

MGA stock was purchased by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Russell Investments Group Ltd., Neuberger Berman Group LLC, Hexavest Inc., Schroder Investment Management Group, Scheer Rowlett & Associates Investment Management Ltd., Nordea Investment Management AB and Nikko Asset Management Americas Inc..

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 $44.93.

How big of a company is Magna International?

Magna International has a market capitalization of $15.22 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 173,000 workers across the globe.

What is Magna International's official website?

The official website for Magna International is http://www.magna.com.

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 (NYSE MGA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  526 (Thanks for Voting!)
Underperform Votes:  457 (Thanks for Voting!)
Total Votes:  983
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 12/12/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel