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 announced a quarterly dividend on Wednesday, May 9th. Investors of record on Friday, May 25th will be paid 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 1.57%. The ex-dividend date is Thursday, May 24th. View Magna International's Dividend History.

Magna International shares split before market open on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly minted shares were distributed 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) issued its earnings results on Thursday, May, 10th. The company reported $1.84 EPS for the quarter, beating the Zacks' consensus estimate of $1.66 by $0.18. The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.02 billion. Magna International had a return on equity of 19.64% and a net margin of 5.65%. The business's quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.53 EPS. 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 brokers have issued 1-year price objectives for Magna International's shares. Their predictions 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), Delphi Technologies (DLPH), Adient (ADNT), Dongfeng Motor Group Co. Ltd ADR Class H (DNFGY), Dana (DAN) and Cooper Standard (CPS).

Press coverage about MGA stock has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Magna International earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news coverage about the company an impact score of 48.37 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Magna International's stock is owned by many different 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 $65.67.

Magna International has a market capitalization of $23.02 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]