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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:MGA
  • CUSIP: N/A
  • Web:
  • Market Cap: $17.44069 billion
  • Outstanding Shares: 381,164,000
Average Prices:
  • 50 Day Moving Avg: $47.28
  • 200 Day Moving Avg: $44.42
  • 52 Week Range: $36.77 - $48.90
  • Trailing P/E Ratio: 8.42
  • Foreward P/E Ratio: 7.18
  • P/E Growth: 0.73
Sales & Book Value:
  • Annual Revenue: $37.16 billion
  • Price / Sales: 0.48
  • Book Value: $28.83 per share
  • Price / Book: 1.62
  • Annual Dividend: $1.10
  • Dividend Yield: 2.3%
  • EBIDTA: $4.01 billion
  • Net Margins: 5.73%
  • Return on Equity: 20.01%
  • Return on Assets: 9.12%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.20%
  • Quick Ratio: 0.88%
  • Average Volume: 1.53 million shs.
  • Beta: 1.44
  • 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 announced a quarterly dividend on Friday, August 11th. Shareholders 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 dividend on an annualized basis and a yield of 2.36%. 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?

Magna International shares split on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly created shares were payable 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) released its quarterly earnings data on Friday, August, 11th. The company reported $1.48 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.47 by $0.01. The business 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 quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.41 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?

13 analysts have issued 12-month target prices 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 $53.67 in the next twelve months. 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

Who owns Magna International stock?

Magna International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Sentry Investments Corp. (0.91%), Russell Investments Group Ltd. (0.53%), Cornerstone Investment Partners LLC (0.45%), Ameriprise Financial Inc. (0.44%), DnB Asset Management AS (0.41%) and Sumitomo Mitsui Trust Holdings Inc. (0.31%). 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 Schroder Investment Management Group, AGF Investments Inc., Sentry Investments Corp., Boston Advisors LLC, Nationwide Fund Advisors, James Investment Research Inc., Cornerstone Investment Partners LLC and Todd Asset Management 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 acquired by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Russell Investments Group Ltd., Canada Pension Plan Investment Board, Highstreet Asset Management Inc., Quantitative Investment Management LLC, US Bancorp DE, Aperio Group LLC and New York State Common Retirement Fund. 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.

What is Magna International's stock price today?

One share of Magna International stock can currently be purchased for approximately $46.62.

MarketBeat Community Rating for Magna International (NYSE MGA)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  627
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: 1 Sell Rating, 3 Hold Ratings, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $53.67 (15.12% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
6/9/2017Morgan StanleyLower Price TargetOverweight$60.00 -> $56.00LowView Rating Details
5/12/2017ScotiabankBoost Price TargetOutperform$65.00 -> $68.00MediumView 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 CorporationDowngradeBuy -> Underperform$54.00 -> $36.00N/AView Rating Details
10/8/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$44.00 -> $43.00N/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
9/23/2015CIBCDowngradeSector Outperform -> Sector Perform$62.50 -> $52.00N/AView Rating Details
(Data available from 8/18/2015 forward)


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)


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)


Current Dividend Information for Magna International (NYSE:MGA)
Next Dividend:9/15/2017
Annual Dividend:$1.10
Dividend Yield:2.36%
Dividend Growth:16.00% (3 Year Average)
Payout Ratio:19.86% (Trailing 12 Months of Earnings)
18.71% (Based on This Year's Estimates)
16.95% (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
(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


Headline Trends for Magna International (NYSE:MGA)
Latest Headlines for Magna International (NYSE:MGA)
DateHeadline logoMagna International, Inc. (MGA) Receives Consensus Recommendation of "Buy" from Analysts - August 18 at 5:02 AM logoCitigroup Inc. Increases Magna International, Inc. (MGA) Price Target to $55.00 - August 17 at 4:54 PM logoQ3 2017 EPS Estimates for Magna International, Inc. (MGA) Increased by Analyst - August 16 at 6:44 AM logoMagna Announces Filing of Shelf Prospectus and Registration Statement - August 16 at 6:09 AM logoRhetoric over: 3-nation efforts to revise NAFTA begin - August 16 at 6:09 AM logoKeyCorp Weighs in on Magna International, Inc.'s Q3 2017 Earnings (NYSE:MGA) - August 15 at 8:28 AM logoMagna International, Inc. to Post FY2017 Earnings of $5.95 Per Share, Cormark Forecasts (MGA) - August 15 at 8:20 AM logoMagna International (MGA) Beats on Q2 Earnings & Revenues - August 15 at 1:30 AM logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MGA-US : August 14, 2017 - August 15 at 1:30 AM logoMagna International, Inc. (NYSE:MGA) Stock Rating Reaffirmed by Deutsche Bank AG - August 14 at 9:52 PM logoMagna International, Inc. (MGA) Price Target Raised to $56.00 at TD Securities - August 14 at 2:30 PM logoMagna International Inc. Q2 Earnings Advance 1% - Nasdaq - August 13 at 5:49 AM logoMagna International: The Price And Performance Gap Widens - Seeking Alpha - August 13 at 5:49 AM logoSee what the IHS Markit Score report has to say about Magna International Inc. - August 12 at 5:15 AM logoSlovenia approves Magna International project - August 12 at 5:15 AM logo$9.43 Billion in Sales Expected for Magna International, Inc. (NYSE:MGA) This Quarter - August 11 at 1:26 PM logoMagna International, Inc. (NYSE:MGA) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS - August 11 at 12:24 PM logoMagna International, Inc. (MGA) to Issue $0.28 Quarterly Dividend - August 11 at 10:14 AM logoMagna Lifts FY17 Sales Forecast, Above Market - Quick Facts - August 11 at 6:29 AM logoMagna International Inc. Profit Climbs 1% In Q2 - August 11 at 6:29 AM logoMagna Announces Second Quarter Results - August 11 at 6:29 AM logoCanadian auto parts maker Magna posts 2.5 pct rise in sales - August 11 at 6:29 AM logoInvestor Network: Magna International Inc. to Host Earnings Call - August 11 at 6:29 AM logo$1.46 EPS Expected for Magna International, Inc. (MGA) This Quarter - August 9 at 10:24 AM logoCritical Contrast: Magna International (MGA) and Horizon Global Corporation (HZN) - August 4 at 8:02 AM logoSlovenia aims to approve Magna Int'l project by September - July 27 at 4:18 AM logoCramer: Transports Getting Run Off the Road - July 27 at 4:18 AM logoMagna International, Inc. (MGA) Lowered to "Hold" at Edward Jones - July 26 at 8:03 PM logoWhy Magna International Inc. Has Huge Potential - The Motley Fool Canada - July 26 at 12:03 AM logoMagna International: Cramer's Top Takeaways - July 26 at 12:03 AM logoMagna International, Inc. (NYSE:MGA) Receives Consensus Rating of "Buy" from Brokerages - July 24 at 11:48 AM logoComparing Tenneco (TEN) & Magna International (MGA) - July 23 at 7:50 AM logo$9.47 Billion in Sales Expected for Magna International, Inc. (NYSE:MGA) This Quarter - July 22 at 12:04 PM logoWhy Magna International Inc. Is Still a High-Risk Play - July 21 at 2:15 AM logoMagna International, Inc. (NYSE:MGA) Expected to Announce Earnings of $1.46 Per Share - July 20 at 8:12 AM logoMagna International, Inc. to Post FY2019 Earnings of $7.92 Per Share, Cormark Forecasts (MGA) - July 19 at 3:10 PM logoMagna International, Inc. (NYSE:MGA) Downgraded by Zacks Investment Research - July 18 at 7:20 PM logoQ2 2017 EPS Estimates for Magna International, Inc. Boosted by Cormark (MGA) - July 18 at 9:20 AM logoMagna (MGA) Wins Contract to Manufacture Jaguar E-PACE Car - Nasdaq - July 18 at 4:25 AM logoGranite REIT Declares July 2017 Distribution - July 17 at 6:22 PM logoMagna International Deserves A Look - July 17 at 6:22 PM logoCritical Survey: Magna International (MGA) vs. Stoneridge (SRI) - July 16 at 10:34 AM logoMagna adds new Jaguar E-PACE to contract manufacturing line-up - July 15 at 6:26 AM logoNotice of Conference Call for Second Quarter 2017 Results - July 14 at 6:26 AM logoJaguar Land Rover to produce first car entirely outside of Britain - July 14 at 6:26 AM logoMagna International, Inc. (NYSE:MGA) Downgraded to Sell at Zacks Investment Research - July 12 at 7:46 PM logoJim Cramer Shares His Thoughts On UnitedHealth And Magna International - July 11 at 1:41 AM logoMagna has plan B in case Slovenia auto investment falls through - July 7 at 7:24 AM logoMagna International: Negative Sentiment Towards Auto Sector Provides A Bargain - Seeking Alpha - July 3 at 4:55 AM logoMagna International, Inc. (MGA) Lifted to Buy at BidaskClub - July 1 at 5:04 PM



Magna International (MGA) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by Staff