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

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$49.26 +0.91 (+1.88 %)
(As of 10/16/2018 04:00 PM ET)
Previous Close$48.35
Today's Range$48.80 - $49.37
52-Week Range$46.77 - $67.47
Volume118,324 shs
Average Volume1.30 million shs
Market Capitalization$17.86 billion
P/E Ratio8.24
Dividend Yield2.78%
Beta1.36
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.27
Current Ratio1.17
Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio8.24
Forward P/E Ratio7.19
P/E Growth0.9

Sales & Book Value

Annual Sales$38.95 billion
Price / Sales0.43
Cash Flow$9.1903 per share
Price / Cash5.36
Book Value$32.51 per share
Price / Book1.52

Profitability

EPS (Most Recent Fiscal Year)$5.96
Net Income$2.21 billion
Net Margins5.72%
Return on Equity19.72%
Return on Assets8.94%

Miscellaneous

Employees173,000
Outstanding Shares340,010,000
Market Cap$17.86 billion

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 Tuesday, August 7th. Stockholders of record on Friday, August 31st will be given a dividend of $0.33 per share on Friday, September 14th. This represents a $1.32 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Thursday, August 30th. This is an increase from Magna International's previous quarterly dividend of $0.26. 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 minted shares were payable 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) posted its quarterly earnings results on Wednesday, August, 8th. The company reported $1.67 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.74 by $0.07. The firm earned $10.28 billion during the quarter, compared to analyst estimates of $10.45 billion. Magna International had a return on equity of 19.72% and a net margin of 5.72%. The company's revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter last year, the business earned $1.48 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 Thursday, November 8th 2018. View Earnings Estimates for Magna International.

What price target have analysts set for MGA?

19 analysts have issued 1-year target prices for Magna International's stock. Their predictions range from $41.00 to $80.00. On average, they expect Magna International's share price to reach $65.3571 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price. View Analyst Price Targets for Magna International.

What is the consensus analysts' recommendation for Magna International?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last year. There are currently 2 sell ratings, 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magna International.

Are investors shorting Magna International?

Magna International saw a increase in short interest in August. As of August 31st, there was short interest totalling 4,777,182 shares, an increase of 78.6% from the August 15th total of 2,674,063 shares. Based on an average daily trading volume, of 1,207,235 shares, the short-interest ratio is currently 4.0 days. View Magna International's Current Options Chain.

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 retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.18%), Hexavest Inc. (0.06%), DNB Asset Management AS (0.05%), Nikko Asset Management Americas Inc. (0.04%), Midas Management Corp (0.02%) and KAMES CAPITAL plc (0.01%).

Which institutional investors are selling Magna International stock?

MGA stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., DNB Asset Management AS, KAMES CAPITAL plc and World Asset Management Inc.

Which institutional investors are buying Magna International stock?

MGA stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Nikko Asset Management Americas Inc., Midas Management Corp, First Hawaiian Bank and Nisa Investment Advisors LLC.

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 $49.26.

How big of a company is Magna International?

Magna International has a market capitalization of $17.86 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:  520 (Thanks for Voting!)
Underperform Votes:  448 (Thanks for Voting!)
Total Votes:  968
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 10/16/2018 by MarketBeat.com Staff

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