S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
TSE:MAL

Magellan Aerospace Stock Forecast, Price & News

C$10.01
-0.27 (-2.63%)
(As of 11/26/2021 12:00 AM ET)
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Compare
Today's Range
C$10.00
C$10.21
50-Day Range
C$10.01
C$10.80
52-Week Range
C$8.55
C$11.73
Volume
40,472 shs
Average Volume
17,573 shs
Market Capitalization
C$577.87 million
P/E Ratio
N/A
Dividend Yield
4.09%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Magellan Aerospace logo

About Magellan Aerospace

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine, and aero structure assemblies and components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, compressor and fan cases, turbine cases, shafts, rotor spools, discs and blisks, and gearbox housings; and combustion liners and cases, exhaust frames and systems, engine bypass ducts and frames, acoustically treated exhaust systems, and fan cowl doors, as well as repair and overhaul services. The company also provides aero structure components, including landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. In addition, it offers wire strike protection systems for helicopter safety; rocket weapon systems, brant rockets, booster motors, and missile fins and control systems; and satellites and satellite subsystems. Further, the company provides sand cast components comprising engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; power generation equipment and services, and gas turbines, as well as generates energy from waste; and other support materials. Additionally, it is involved in the precision machining and assembly of commercial aerospace products supply and overhaul of aircraft and helicopter engines and airborne ancillary power units; and provision of metal finishing treatment services for aerospace products, as well as aircraft engineering and design consultancy, engine sales, exchange, and leasing services. The company was formerly known as Fleet Aerospace Corporation and changed its name to Magellan Aerospace Corporation in October 1996. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Aerospace/Defense - Major Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,400
Year Founded
N/A

Sales & Book Value

Annual Sales
C$690.40 million
Cash Flow
C$0.57 per share
Book Value
C$13.43 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$577.87 million
Optionable
Not Optionable

Company Calendar

Ex-Dividend
9/15/2021
Dividend Payable
9/29/2021
Last Earnings
11/11/2021
Today
11/27/2021
Next Earnings (Estimated)
3/09/2022

MarketRank

Overall MarketRank

1.84 out of 5 stars

Analyst Opinion: 2.0Community Rank: 4.9Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -












Magellan Aerospace (TSE:MAL) Frequently Asked Questions

Is Magellan Aerospace a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magellan Aerospace in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Magellan Aerospace stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MAL, but not buy additional shares or sell existing shares.
View analyst ratings for Magellan Aerospace
or view top-rated stocks.

How has Magellan Aerospace's stock price been impacted by COVID-19?

Magellan Aerospace's stock was trading at C$8.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MAL shares have increased by 19.2% and is now trading at C$10.01.
View which stocks have been most impacted by COVID-19
.

When is Magellan Aerospace's next earnings date?

Magellan Aerospace is scheduled to release its next quarterly earnings announcement on Wednesday, March 9th 2022.
View our earnings forecast for Magellan Aerospace
.

How were Magellan Aerospace's earnings last quarter?

Magellan Aerospace Co. (TSE:MAL) announced its quarterly earnings results on Thursday, November, 11th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $166.43 million for the quarter.
View Magellan Aerospace's earnings history
.

How often does Magellan Aerospace pay dividends? What is the dividend yield for Magellan Aerospace?

Magellan Aerospace declared a quarterly dividend on Friday, August 6th. Shareholders of record on Thursday, September 16th will be given a dividend of 0.105 per share on Wednesday, September 29th. This represents a $0.42 annualized dividend and a dividend yield of 4.20%. The ex-dividend date is Wednesday, September 15th.
View Magellan Aerospace's dividend history
.

Is Magellan Aerospace a good dividend stock?

Magellan Aerospace pays an annual dividend of C$0.42 per share and currently has a dividend yield of 4.09%. MAL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Magellan Aerospace's dividend history.

What price target have analysts set for MAL?

1 Wall Street analysts have issued twelve-month target prices for Magellan Aerospace's shares. Their forecasts range from C$12.00 to C$12.00. On average, they expect Magellan Aerospace's share price to reach C$12.00 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price.
View analysts' price targets for Magellan Aerospace
or view top-rated stocks among Wall Street analysts.

Who are Magellan Aerospace's key executives?

Magellan Aerospace's management team includes the following people:
  • Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 61)
  • Mr. Phillip Campion Underwood, Pres, CEO & Director
  • Ms. Elena M. Milantoni, Chief Financial Officer
  • Mr. Hyden R. Martin, VP of Bus. Devel., Marketing & Contracts
  • Ms. Jo-Ann C. Ball, VP of HR
  • Mr. Craig A. Vaughan, Corp. Sec.

What other stocks do shareholders of Magellan Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magellan Aerospace investors own include Air Canada (AC), Aphria (APHA), NFI Group (NFI), Stantec (STN), Aurora Cannabis (ACB), Aecon Group (ARE), Bombardier, Inc. Class B (BBD.B), Walt Disney (DIS), First Quantum Minerals (FM) and Magna International (MG).

What is Magellan Aerospace's stock symbol?

Magellan Aerospace trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MAL."

How do I buy shares of Magellan Aerospace?

Shares of MAL and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Magellan Aerospace's stock price today?

One share of MAL stock can currently be purchased for approximately C$10.01.

How much money does Magellan Aerospace make?

Magellan Aerospace has a market capitalization of C$577.87 million and generates C$690.40 million in revenue each year.

How many employees does Magellan Aerospace have?

Magellan Aerospace employs 3,400 workers across the globe.

What is Magellan Aerospace's official website?

The official website for Magellan Aerospace is magellan.aero.

Where are Magellan Aerospace's headquarters?

Magellan Aerospace is headquartered at 3160 Derry Rd E, MISSISSAUGA, ON L4T 1A9, Canada.

How can I contact Magellan Aerospace?

Magellan Aerospace's mailing address is 3160 Derry Rd E, MISSISSAUGA, ON L4T 1A9, Canada. The company can be reached via phone at +1-905-6771889.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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