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: www.magna.com
Capitalization:
  • Market Cap: $18.10608 billion
  • Outstanding Shares: 381,164,000
Average Prices:
  • 50 Day Moving Avg: $46.19
  • 200 Day Moving Avg: $43.97
  • 52 Week Range: $36.77 - $48.90
P/E:
  • Trailing P/E Ratio: 8.67
  • Foreward P/E Ratio: 7.48
  • P/E Growth: 0.77
Sales & Book Value:
  • Annual Revenue: $36.92 billion
  • Price / Sales: 0.49
  • Book Value: $27.20 per share
  • Price / Book: 1.74
Dividend:
  • Annual Dividend: $1.10
  • Dividend Yield: 2.3%
Profitability:
  • EBIDTA: $4 billion
  • Net Margins: 5.76%
  • Return on Equity: 20.58%
  • Return on Assets: 9.27%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.21%
  • Quick Ratio: 0.88%
Misc:
  • Average Volume: 1.61 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 declared a quarterly dividend on Thursday, May 11th. Shareholders of record on Friday, May 26th will be given a dividend of $0.275 per share on Friday, June 9th. This represents a $1.10 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Wednesday, May 24th. 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 before market open on Thursday, March 26th 2015. The 2-1 split was announced on Wednesday, February 25th 2015. The newly issued 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) announced its quarterly earnings data on Thursday, May, 11th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.19. The firm had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.13 billion. Magna International had a net margin of 5.76% and a return on equity of 20.58%. Magna International's revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.22 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?

11 brokerages have issued 12-month price targets for Magna International's shares. Their predictions range from $36.00 to $68.00. On average, they expect Magna International's share price to reach $51.75 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 number of of retail and institutional investors. Top institutional investors include Cornerstone Investment Partners LLC (0.45%), DnB Asset Management AS (0.41%), Cardinal Capital Management Inc. (0.26%), James Investment Research Inc. (0.26%), US Bancorp DE (0.24%) and Aperio Group LLC (0.09%). 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 James Investment Research Inc., Cornerstone Investment Partners LLC, CENTRAL TRUST Co, Capstone Asset Management Co., Osborn Williams & Donohoe LLC and MU Investments Co. Ltd.. View Insider Buying and Selling for Magna International.

Who bought Magna International stock? Who is buying Magna International stock?

Magna International's stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., US Bancorp DE, Aperio Group LLC, DnB Asset Management AS, Blue Granite Capital LLC, KAMES CAPITAL plc, Mascoma Wealth Management LLC and Greenleaf Trust. 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 $47.45.


MarketBeat Community Rating for Magna International (NYSE MGA)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  586
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, 2 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.73)
Consensus Price Target: $51.75 (9.06% upside)

Analysts' Ratings History for Magna International (NYSE:MGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
5/12/2017Royal Bank Of CanadaBoost Price TargetOutperform$57.00 -> $60.00MediumView Rating Details
5/12/2017TD SecuritiesUpgradeHold -> Buy$50.00 -> $55.00LowView 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
8/8/2016Citigroup Inc.Boost Price TargetBuy$48.00 -> $49.00N/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
1/25/2016Deutsche Bank AGLower Price TargetBuy$66.00 -> $59.00N/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 7/25/2015 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
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: $5.79
2018 EPS Consensus Estimate: $6.86
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$1.34$1.40$1.37
Q2 20174$1.42$1.56$1.51
Q3 20173$1.24$1.43$1.34
Q4 20174$1.43$1.66$1.57
Q1 20181$1.71$1.71$1.71
Q2 20181$1.75$1.75$1.75
Q3 20181$1.57$1.57$1.57
Q4 20181$1.83$1.83$1.83
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magna International (NYSE:MGA)
Most Recent Dividend:6/9/2017
Annual Dividend:$1.10
Dividend Yield:2.32%
Dividend Growth:16.00% (3 Year Average)
Payout Ratio:20.11% (Trailing 12 Months of Earnings)
19.06% (Based on This Year's Estimates)
17.35% (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
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. (NYSE:MGA) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 24 at 11:48 AM
americanbankingnews.com logoComparing Tenneco (TEN) & Magna International (MGA)
www.americanbankingnews.com - July 23 at 7:50 AM
americanbankingnews.com logo$9.47 Billion in Sales Expected for Magna International, Inc. (NYSE:MGA) This Quarter
www.americanbankingnews.com - July 22 at 12:04 PM
fool.ca logoWhy Magna International Inc. Is Still a High-Risk Play
www.fool.ca - July 21 at 2:15 AM
americanbankingnews.com logoMagna International, Inc. (NYSE:MGA) Expected to Announce Earnings of $1.46 Per Share
www.americanbankingnews.com - July 20 at 8:12 AM
americanbankingnews.com logoMagna International, Inc. to Post FY2019 Earnings of $7.92 Per Share, Cormark Forecasts (MGA)
www.americanbankingnews.com - July 19 at 3:10 PM
americanbankingnews.com logoMagna International, Inc. (NYSE:MGA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 18 at 7:20 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Magna International, Inc. Boosted by Cormark (MGA)
www.americanbankingnews.com - July 18 at 9:20 AM
nasdaq.com logoMagna (MGA) Wins Contract to Manufacture Jaguar E-PACE Car - Nasdaq
www.nasdaq.com - July 18 at 4:25 AM
marketwatch.com logoGranite REIT Declares July 2017 Distribution
www.marketwatch.com - July 17 at 6:22 PM
seekingalpha.com logoMagna International Deserves A Look
seekingalpha.com - July 17 at 6:22 PM
americanbankingnews.com logoCritical Survey: Magna International (MGA) vs. Stoneridge (SRI)
www.americanbankingnews.com - July 16 at 10:34 AM
finance.yahoo.com logoMagna adds new Jaguar E-PACE to contract manufacturing line-up
finance.yahoo.com - July 15 at 6:26 AM
finance.yahoo.com logoNotice of Conference Call for Second Quarter 2017 Results
finance.yahoo.com - July 14 at 6:26 AM
finance.yahoo.com logoJaguar Land Rover to produce first car entirely outside of Britain
finance.yahoo.com - July 14 at 6:26 AM
americanbankingnews.com logoMagna International, Inc. (NYSE:MGA) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - July 12 at 7:46 PM
benzinga.com logoJim Cramer Shares His Thoughts On UnitedHealth And Magna International
www.benzinga.com - July 11 at 1:41 AM
finance.yahoo.com logoMagna has plan B in case Slovenia auto investment falls through
finance.yahoo.com - July 7 at 7:24 AM
seekingalpha.com logoMagna International: Negative Sentiment Towards Auto Sector Provides A Bargain - Seeking Alpha
seekingalpha.com - July 3 at 4:55 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Lifted to Buy at BidaskClub
www.americanbankingnews.com - July 1 at 5:04 PM
marketwatch.com logoMagna Establishes Automatic Share Purchase Plan - MarketWatch - MarketWatch
www.marketwatch.com - June 30 at 1:30 AM
finance.yahoo.com logoMagna Partners with Michigan Department of Transportation and 3M to Improve Vehicle Connectivity, Security and Driver Safety
finance.yahoo.com - June 30 at 1:30 AM
finance.yahoo.com logoMagna Establishes Automatic Share Purchase Plan
finance.yahoo.com - June 30 at 1:30 AM
americanbankingnews.com logo$9.40 Billion in Sales Expected for Magna International, Inc. (MGA) This Quarter
www.americanbankingnews.com - June 28 at 1:16 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 10:57 AM
americanbankingnews.com logoMagna International, Inc. (MGA) Expected to Post Earnings of $1.46 Per Share
www.americanbankingnews.com - June 26 at 9:36 AM
finance.yahoo.com logoShould Value Investors Consider Choosing Magna (MGA) a Great Stock?
finance.yahoo.com - June 23 at 6:59 PM
finance.yahoo.com logoMagna innovations help Lincoln redefine luxury on the 2017 Continental
finance.yahoo.com - June 23 at 8:00 AM
nasdaq.com logoMagna (MGA) Secures Contract to Produce BMW's Plug-In Hybrid - Nasdaq
www.nasdaq.com - June 21 at 7:40 PM
zacks.com logoMagna (MGA) Secures Contract to Produce BMW's Plug-In Hybrid
www.zacks.com - June 21 at 12:33 AM
finance.yahoo.com logoMagna (MGA) Secures Contract to Produce BMW's Plug-In Hybrid
finance.yahoo.com - June 20 at 7:31 PM
thestreet.com logoAuto Supplier Magna Partners with BMW to Produce New 5-Series Plugin Hybrids - TheStreet.com
www.thestreet.com - June 19 at 5:35 PM
finance.yahoo.com logoMagna to produce BMW 5-series plug-in hybrid
finance.yahoo.com - June 19 at 5:35 PM
finance.yahoo.com logoETFs with exposure to Magna International, Inc. : June 19, 2017
finance.yahoo.com - June 19 at 5:35 PM
finance.yahoo.com logo7 Companies With Growing Revenue and Earnings
finance.yahoo.com - June 19 at 5:35 PM
americanbankingnews.com logoMagna International, Inc. (MGA) Downgraded by BidaskClub to Hold
www.americanbankingnews.com - June 17 at 5:26 PM
finance.yahoo.com logoMagna International, Inc. :MGA-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 16 at 7:27 PM
nasdaq.com logoMagna International (MGA) Up 1.8% Since Earnings Report: Can It Continue? - Nasdaq
www.nasdaq.com - June 16 at 7:40 AM
finance.yahoo.com logoMagna lights the way with industry-first D-Optic LED headlamps
finance.yahoo.com - June 13 at 6:41 PM
americanbankingnews.com logoMagna International Inc. (MGA) Rating Reiterated by Morgan Stanley
www.americanbankingnews.com - June 9 at 7:38 PM
americanbankingnews.com logoContrasting Magna International (MGA) & Commercial Vehicle Group (CVGI)
www.americanbankingnews.com - June 4 at 12:04 PM
americanbankingnews.com logoMagna International Inc. (MGA) Cut to "Buy" at ValuEngine
www.americanbankingnews.com - June 4 at 8:06 AM
americanbankingnews.com logoCommercial Vehicle Group (CVGI) versus Magna International (MGA) Head-To-Head Review
www.americanbankingnews.com - June 4 at 7:28 AM
bizjournals.com logoResearch Reports Initiation on Services Stocks - Magna, O'Reilly Automotive, Advance Auto Parts, and Penske Automotive
www.bizjournals.com - June 1 at 9:25 AM
americanbankingnews.com logoMagna International Inc. (MGA) Expected to Announce Quarterly Sales of $9.38 Billion
www.americanbankingnews.com - June 1 at 9:24 AM
americanbankingnews.com logoMagna International Inc. (MGA) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 31 at 10:44 AM
americanbankingnews.com logo$1.46 EPS Expected for Magna International Inc. (MGA) This Quarter
www.americanbankingnews.com - May 30 at 10:44 PM
finance.yahoo.com logoMagna International, Inc. : MGA-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017
finance.yahoo.com - May 26 at 4:00 AM
nasdaq.com logoMagna International, Inc. (MGA) Ex-Dividend Date Scheduled for May 24, 2017 - Nasdaq
www.nasdaq.com - May 24 at 10:44 AM
americanbankingnews.com logoMagna International Inc. (MGA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 18 at 1:32 PM

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Magna International (MGA) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff