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: $19.16071 billion
  • Outstanding Shares: 369,897,000
Average Prices:
  • 50 Day Moving Avg: $47.98
  • 200 Day Moving Avg: $45.15
  • 52 Week Range: $36.77 - $52.46
P/E:
  • Trailing P/E Ratio: 9.36
  • Foreward P/E Ratio: 8.01
  • P/E Growth: 0.79
Sales & Book Value:
  • Annual Revenue: $37.16 billion
  • Price / Sales: 0.52
  • Book Value: $28.83 per share
  • Price / Book: 1.81
Dividend:
  • Annual Dividend: $1.10
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $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: 1.51 million shs.
  • Beta: 1.43
  • 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. Stockholders of record on Friday, September 1st will be given a dividend of $0.275 per share on Friday, September 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend 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 minted shares were issued 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 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 analysts' expectations of $9.50 billion. Magna International had a net margin of 5.73% and a return on equity of 20.01%. Magna International's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm 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 1 year price objectives for Magna International's shares. Their predictions range from $36.00 to $68.00. On average, they expect Magna International's stock price to reach $52.67 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

Who owns Magna International stock?

Magna International's stock is owned by a variety of of retail and institutional 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 $52.14.


MarketBeat Community Rating for Magna International (NYSE MGA)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  679
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, 4 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $52.67 (1.01% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017KeyCorpReiterated RatingBuyLowView 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
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 9/21/2015 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:2.11%
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
americanbankingnews.com logoMagna International, Inc. (MGA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - September 20 at 9:32 PM
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
americanbankingnews.com logoZacks Investment Research Upgrades Magna International, Inc. (MGA) to Buy
www.americanbankingnews.com - September 14 at 9:51 AM
seekingalpha.com logoMagna International: A Significantly Undervalued Autonomous Driving Player - Seeking Alpha
seekingalpha.com - September 14 at 7:40 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - September 13 at 1:04 PM
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
americanbankingnews.com logoMagna International, Inc. (MGA) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - September 6 at 12:46 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - September 4 at 1:52 PM
americanbankingnews.com logoMagna International Inc. (MGA) Downgraded to Buy at ValuEngine
www.americanbankingnews.com - September 2 at 10:00 PM
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
finance.yahoo.com logoZacks.com featured highlights: SP Plus Corp, Edwards Lifesciences, Magna International and NVIDIA
finance.yahoo.com - August 21 at 7:55 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 20 at 10:14 PM
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
finance.yahoo.com logoMagna Announces Filing of Shelf Prospectus and Registration Statement
finance.yahoo.com - August 16 at 6:09 AM
finance.yahoo.com logoRhetoric over: 3-nation efforts to revise NAFTA begin
finance.yahoo.com - August 16 at 6:09 AM
americanbankingnews.com logoKeyCorp Weighs in on Magna International, Inc.'s Q3 2017 Earnings (NYSE:MGA)
www.americanbankingnews.com - August 15 at 8:28 AM
americanbankingnews.com logoMagna International, Inc. to Post FY2017 Earnings of $5.95 Per Share, Cormark Forecasts (MGA)
www.americanbankingnews.com - August 15 at 8:20 AM
finance.yahoo.com logoMagna International (MGA) Beats on Q2 Earnings & Revenues
finance.yahoo.com - August 15 at 1:30 AM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MGA-US : August 14, 2017
finance.yahoo.com - August 15 at 1:30 AM
americanbankingnews.com logoMagna International, Inc. (NYSE:MGA) Stock Rating Reaffirmed by Deutsche Bank AG
www.americanbankingnews.com - August 14 at 9:52 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Price Target Raised to $56.00 at TD Securities
www.americanbankingnews.com - August 14 at 2:30 PM
nasdaq.com logoMagna International Inc. Q2 Earnings Advance 1% - Nasdaq
www.nasdaq.com - August 13 at 5:49 AM
seekingalpha.com logoMagna International: The Price And Performance Gap Widens - Seeking Alpha
seekingalpha.com - August 13 at 5:49 AM

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Chart

Magna International (MGA) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff