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, Truck & Motorcycle Parts
  • Sub-Industry: N/A
  • Symbol: NYSE:MGA
  • CUSIP: N/A
  • Web: www.magna.com
Capitalization:
  • Market Cap: $20.26671 billion
  • Outstanding Shares: 369,898,000
Average Prices:
  • 50 Day Moving Avg: $51.54
  • 200 Day Moving Avg: $46.53
  • 52 Week Range: $36.77 - $55.70
P/E:
  • Trailing P/E Ratio: 9.65
  • Foreward P/E Ratio: 8.16
  • P/E Growth: 0.85
Sales & Book Value:
  • Annual Revenue: $37.16 billion
  • Price / Sales: 0.53
  • Book Value: $28.83 per share
  • Price / Book: 1.84
Dividend:
  • Annual Dividend: $1.10
  • Dividend Yield: 2.0%
Profitability:
  • EBITDA: $4.01 billion
  • Net Margins: 5.73%
  • Return on Equity: 20.01%
  • Return on Assets: 9.12%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.20%
  • Quick Ratio: 0.85%
Misc:
  • Average Volume: 1.34 million shs.
  • Beta: 1.46
  • Short Ratio: 2.82
 

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 declared a quarterly dividend on Friday, August 11th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.275 per share on Friday, September 15th. This represents a $1.10 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Wednesday, August 30th. View Magna International's Dividend History.

When did Magna International's stock split? How did Magna International's stock split work?

Shares of Magna International 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) posted its earnings results on Friday, August, 11th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The firm earned $9.68 billion during the quarter, compared to the consensus estimate of $9.50 billion. Magna International had a net margin of 5.73% and a return on equity of 20.01%. The company's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.41 EPS. View Magna International's Earnings History.

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

13 equities research analysts have issued twelve-month price targets for Magna International's stock. Their predictions range from $36.00 to $68.00. On average, they anticipate Magna International's share price to reach $53.10 in the next year. View Analyst Ratings for Magna International.

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:

  • William L. Young, Independent Chairman of the Board
  • Donald J. Walker, Chief Executive Officer, Director
  • Vincent J. Galifi, Chief Financial Officer, Executive Vice President
  • Guenther Apfalter, President - Magna Europe and Magna Steyr
  • Marc J. Neeb, Chief Human Resource Officer, Executive Vice President
  • Seetarama Swamy Kotagiri, Executive Vice President, Chief Technology Officer, President - Magna Electronic
  • Jeffrey O. Palmer, Executive Vice President, Chief Legal Officer
  • Francis C. Seguin, Executive Vice President - Corporate Projects and Strategy Development
  • James J. Tobin Sr., Chief Marketing Officer & President, Magna Asia
  • Tommy J. Skudutis, Chief Operating Officer of Exteriors, Seating, Mirrors, Closures and Cosma

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.

What is Magna International's stock price today?

One share of Magna International stock can currently be purchased for approximately $53.10.


MarketBeat Community Rating for Magna International (NYSE MGA)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  363 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  708
MarketBeat's community ratings are surveys of what our community members think about Magna International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Magna International (NYSE:MGA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $53.10 (0.00% downside)
Consensus Price Target History for Magna International (NYSE:MGA)
Price Target History for Magna International (NYSE:MGA)
Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$45.00 -> $41.00N/AView Rating Details
10/13/2017KeyCorpBoost Price TargetBuy$55.00 -> $59.00N/AView Rating Details
9/15/2017BMO Capital MarketsReiterated RatingHold$47.00LowView Rating Details
8/28/2017Morgan StanleyDowngradeOverweight -> Equal Weight$56.00 -> $47.00HighView Rating Details
8/17/2017Citigroup Inc.Boost Price TargetBuy$54.00 -> $55.00LowView Rating Details
8/14/2017TD SecuritiesBoost Price TargetBuy$55.00 -> $56.00LowView Rating Details
8/14/2017Deutsche Bank AGReiterated RatingBuy$59.00 -> $61.00LowView Rating Details
8/14/2017Royal Bank Of CanadaBoost Price TargetOutperform -> Outperform$60.00 -> $61.00MediumView Rating Details
7/26/2017Edward JonesDowngradeBuy -> HoldLowView Rating Details
7/11/2017CormarkUpgradeBuy -> Top PickHighView Rating Details
5/12/2017ScotiabankBoost Price TargetOutperform$65.00 -> $68.00MediumView Rating Details
2/27/2017MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
11/9/2016Bank of America CorporationDowngradeBuy -> Underperform$54.00 -> $36.00N/AView Rating Details
7/18/2016Wells Fargo & CompanyReiterated RatingHold$41.50N/AView Rating Details
2/29/2016Credit Suisse GroupLower Price TargetOutperform$55.00 -> $50.00N/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
11/6/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$63.00 -> $61.00N/AView Rating Details
(Data available from 10/17/2015 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
8/11/2017Q2 17$1.47$1.48$9.50 billion$9.68 billionViewN/AView Earnings Details
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: $5.85
2018 EPS Consensus Estimate: $7.23
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$1.34$1.40$1.37
Q2 20174$1.42$1.56$1.51
Q3 20173$1.33$1.43$1.38
Q4 20174$1.47$1.66$1.59
Q1 20181$1.79$1.79$1.79
Q2 20181$1.81$1.81$1.81
Q3 20181$1.66$1.66$1.66
Q4 20181$1.97$1.97$1.97
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.10
Dividend Yield:2.07%
Dividend Growth:16.00% (3 Year Average)
Payout Ratio:19.86% (Trailing 12 Months of Earnings)
18.58% (Based on This Year's Estimates)
16.90% (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
8/11/2017quarterly$0.282.38%8/30/20179/1/20179/15/2017
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
nasdaq.com logoMagna International Inc. (MGA) Is Pulling Back Following Downgrade
www.nasdaq.com - October 16 at 8:14 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Magna International, Inc. (MGA) Issued By KeyCorp
www.americanbankingnews.com - October 16 at 4:02 AM
americanbankingnews.com logoKeyCorp Reaffirms "Buy" Rating for Magna International, Inc. (MGA)
www.americanbankingnews.com - October 13 at 9:36 AM
americanbankingnews.com logoDana (DAN) vs. Magna International (MGA) Critical Review
www.americanbankingnews.com - October 13 at 8:26 AM
finance.yahoo.com logoNotice of Conference Call For Third Quarter 2017 Results
finance.yahoo.com - October 12 at 6:46 AM
finance.yahoo.com logoBMW Self-Driving Coalition Adds Major Auto-Parts Supplier Magna
finance.yahoo.com - October 10 at 8:13 PM
finance.yahoo.com logoMagna Joins The BMW Group, Intel and Mobileye Platform as an Integrator to Bring Autonomous Driving Technology to the Market
finance.yahoo.com - October 10 at 8:13 PM
finance.yahoo.com logoCanada's Magna joins BMW-Intel self-driving car project
finance.yahoo.com - October 10 at 8:13 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 7 at 4:52 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Expected to Post Quarterly Sales of $9.04 Billion
www.americanbankingnews.com - October 6 at 1:26 PM
benzinga.com logoA Peek Into The Markets: U.S. Stock Futures Gain Ahead Of ... - Benzinga
www.benzinga.com - October 3 at 3:25 AM
benzinga.com logo5 Stocks To Watch For October 2, 2017 - Benzinga
www.benzinga.com - October 3 at 3:25 AM
fool.ca logo4 Reasons to Buy and Forget Magna International Inc.
www.fool.ca - October 2 at 11:53 AM
streetinsider.com logoMagna Int'l (MGA) Reports Settlement of KS Centoco Litigation - StreetInsider.com
www.streetinsider.com - September 30 at 5:16 PM
nasdaq.com logoMagna Announces Settlement of KS Centoco Litigation
www.nasdaq.com - September 29 at 6:38 PM
americanbankingnews.com logoCritical Analysis: Meritor (MTOR) vs. Magna International (MGA)
www.americanbankingnews.com - September 27 at 4:52 PM
seekingalpha.com logoMagna International: Even Car Of The Future Will Still Need A ... - Seeking Alpha
seekingalpha.com - September 23 at 8:10 AM
finance.yahoo.com logoMagna International, Inc. : MGA-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 8:10 AM
americanbankingnews.com logoComparing Magna International (MGA) & Motorcar Parts of America (MPAA)
www.americanbankingnews.com - September 20 at 4:28 AM
americanbankingnews.com logoComparing Magna International (MGA) & Visteon Corporation (VC)
www.americanbankingnews.com - September 19 at 10:51 AM
finance.yahoo.com logoMagna Announces Senior Notes Offering
finance.yahoo.com - September 18 at 9:42 PM
seekingalpha.com logoMagna International: Deeply Undervalued With 60% Upside Potential - Seeking Alpha
seekingalpha.com - September 18 at 5:46 AM
americanbankingnews.com logo Analysts Anticipate Magna International, Inc. (MGA) Will Post Quarterly Sales of $9.04 Billion
www.americanbankingnews.com - September 17 at 7:44 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Stock Rating Reaffirmed by KeyCorp
www.americanbankingnews.com - September 17 at 9:36 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Receives "Hold" Rating from BMO Capital Markets
www.americanbankingnews.com - September 15 at 4:52 PM
finance.yahoo.com logoDoes Magna International Inc’s (TSX:MG) PE Ratio Signal A Buying Opportunity?
finance.yahoo.com - September 14 at 9:07 PM
finance.yahoo.com logoAutoliv Skyrockets On Autonomous-Driving Spinoff Plan
finance.yahoo.com - September 14 at 3:59 PM
seekingalpha.com logoMagna International: A Significantly Undervalued Autonomous Driving Player - Seeking Alpha
seekingalpha.com - September 14 at 7:40 AM
finance.yahoo.com logoSlovenia says Magna to get construction permit in October
finance.yahoo.com - September 13 at 6:31 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 12 at 5:02 AM
finance.yahoo.com logoMagna Expands in Alabama with Aluminum Casting Facility
finance.yahoo.com - September 9 at 6:12 AM
finance.yahoo.com logoAuto suppliers Delphi, Magna join funding round for Lidar company Innoviz
finance.yahoo.com - September 8 at 4:15 AM
finance.yahoo.com logoExperience 360 Degrees of Magna at IAA Frankfurt
finance.yahoo.com - September 8 at 4:14 AM
nasdaq.com logoAuto Sector Struggles with Soft US Sales, Safety Recalls - Nasdaq
www.nasdaq.com - September 7 at 5:14 AM
finance.yahoo.com logoLooking for Value? Why It Might Be Time to Try Magna International (MGA)
finance.yahoo.com - September 2 at 6:12 AM
finance.yahoo.com logoMagna Unveils MAX4 Autonomous Driving Platform
finance.yahoo.com - August 31 at 7:14 AM
finance.yahoo.com logoMagna pitches new self-driving vehicle system
finance.yahoo.com - August 31 at 7:14 AM
americanbankingnews.com logoComparing Autoliv (ALV) & Magna International (MGA)
www.americanbankingnews.com - August 31 at 2:28 AM
nasdaq.com logoMagna International, Inc. (MGA) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 6:33 AM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MGA-US : August 29, 2017
finance.yahoo.com - August 30 at 6:33 AM
finance.yahoo.com logoMagna Makes Strategic Investment in Solid-state LiDAR Developer Innoviz
finance.yahoo.com - August 30 at 6:33 AM
finance.yahoo.com logoETFs with exposure to Magna International, Inc. : August 28, 2017
finance.yahoo.com - August 28 at 8:54 PM
nasdaq.com logoEx-Dividend Reminder: Magna International, Ball and Ashland Global Holdings - Nasdaq
www.nasdaq.com - August 28 at 3:25 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Rating Lowered to Equal Weight at Morgan Stanley
www.americanbankingnews.com - August 28 at 7:48 AM
fool.ca logoMagna International Inc.: An Interesting Growth Story, But Not Worth the Risk
www.fool.ca - August 26 at 7:05 AM
finance.yahoo.com logoMagna gets construction permit in Hungary-report
finance.yahoo.com - August 22 at 5:58 AM
fool.ca logoShould Investors in Magna International Inc. Be Nervous About Auto Sales and Production?
www.fool.ca - August 19 at 12:53 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 18 at 5:02 AM
americanbankingnews.com logoCitigroup Inc. Increases Magna International, Inc. (MGA) Price Target to $55.00
www.americanbankingnews.com - August 17 at 4:54 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Magna International, Inc. (MGA) Increased by Analyst
www.americanbankingnews.com - August 16 at 6:44 AM

Social

Chart

Magna International (MGA) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 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.