Magellan Aerospace Stock Price, News & Analysis (TSE:MAL)

C$21.43 -0.34 (-1.56 %)
(As of 12/12/2017 03:08 AM ET)
Previous CloseC$21.77
Today's RangeC$21.20 - C$21.90
52-Week RangeC$16.32 - C$21.90
Volume19,270 shs
Average Volume25,760 shs
Market CapitalizationC$1.25 billion
P/E RatioN/A
Dividend Yield1.56%
Beta0.61

About Magellan Aerospace (TSE:MAL)

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aero engine and aero structure components for aerospace markets in Canada, the United Sates, and Europe. The company offers aero engines products, including 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 for jet engines, and nacelle components. It also supplies parts and equipment for power generation projects; and provides aero structures components, such as landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. In addition, the company offers space, satellites, and rocket systems; sand cast components comprising engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; and wire strike protection systems for helicopter safety. Further, it designs, engineers, and manufactures complex cast, fabricated, and machined static and rotating gas turbines; and rocket weapon systems, brant rockets, booster motors, and missile fins and control systems, as well as other support materials, integrated nacelle components, and flow paths. Additionally, the company offers commercial and business jets, and regional and military aircrafts. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada.

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Industry, Sector and Symbol

Industry Aerospace/Defense - Major Diversified
Sub-IndustryN/A
SectorIndustrial Goods
SymbolTSE:MAL
CUSIPN/A
Phone+1-905-6771889

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSC$1.77
Net IncomeN/A
Net Margins8.31%
Return on Equity11.79%
Return on Assets7.82%

Miscellaneous

EmployeesN/A
Outstanding Shares58,209,000

Magellan Aerospace (TSE:MAL) Frequently Asked Questions

What is Magellan Aerospace's stock symbol?

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

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

Magellan Aerospace announced a quarterly dividend on Friday, November 3rd. Stockholders of record on Friday, December 15th will be paid a dividend of 0.085 per share on Friday, December 29th. This represents a $0.34 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Thursday, December 14th. This is a positive change from Magellan Aerospace's previous quarterly dividend of $0.07. View Magellan Aerospace's Dividend History.

When will Magellan Aerospace make its next earnings announcement?

Magellan Aerospace is scheduled to release their next quarterly earnings announcement on Wednesday, March, 14th 2018. View Earnings Estimates for Magellan Aerospace.

Where is Magellan Aerospace's stock going? Where will Magellan Aerospace's stock price be in 2017?

2 brokerages have issued 1 year price objectives for Magellan Aerospace's stock. Their predictions range from C$22.00 to C$25.00. On average, they anticipate Magellan Aerospace's stock price to reach C$23.50 in the next twelve months. View Analyst Ratings for Magellan Aerospace.

Who are some of Magellan Aerospace's key competitors?

Who are Magellan Aerospace's key executives?

Magellan Aerospace's management team includes the folowing people:

  • Norman Murray Edwards, Chairman of the Board (Age 57)
  • Phillip C. Underwood, President, Chief Executive Officer, Director
  • James S. Butyniec, Vice Chairman of the Board
  • Elena M. Milantoni, Chief Financial Officer, Corporate Secretary
  • Jo-Ann C. Ball, Vice President - Human Resources
  • MARK ALLCOCK, Vice President - Information Technology
  • Larry A. Winegarden, Vice President - Corporate Strategy
  • KAREN YOSHIKI-GRAVELSINS, Vice President - Corporate Stewardship, Operational Excellence
  • Daniel R. Zanatta, Vice President - Business Development, Marketing & Contracts
  • Larry G. Moeller, Director

How do I buy Magellan Aerospace stock?

Shares of Magellan Aerospace and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Magellan Aerospace's stock price today?

One share of Magellan Aerospace stock can currently be purchased for approximately C$21.43.

How big of a company is Magellan Aerospace?

Magellan Aerospace has a market capitalization of C$1.25 billion.

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.


MarketBeat Community Rating for Magellan Aerospace (MAL)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  152
MarketBeat's community ratings are surveys of what our community members think about Magellan Aerospace 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

Magellan Aerospace (TSE:MAL) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyHoldBuy
Consensus Rating Score: 2.502.502.333.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$23.50C$23.50C$23.33C$24.00
Price Target Upside: 15.59% upside15.59% upside13.99% upside17.02% upside

Magellan Aerospace (TSE:MAL) Consensus Price Target History

Price Target History for Magellan Aerospace (TSE:MAL)

Magellan Aerospace (TSE:MAL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
11/8/2017TD SecuritiesBoost Price TargetHold -> BuyC$23.00 -> C$25.00View Rating Details
8/9/2017Canaccord GenuityDowngradeBuy -> HoldC$23.00 -> C$22.00View Rating Details
3/31/2016Paradigm CapitalBoost Price TargetBuyC$23.75 -> C$24.00View Rating Details
(Data available from 12/12/2015 forward)

Earnings

Earnings History for Magellan Aerospace (TSE:MAL)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Magellan Aerospace (TSE:MAL) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Magellan Aerospace (TSE:MAL) Dividend Information

Next Dividend:12/29/2017
Annual Dividend:$0.26
Dividend Yield:1.21%
Payout Ratio:14.69% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Magellan Aerospace (TSE:MAL)

Magellan Aerospace (TSE:MAL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2017Quarterly$0.091.61%12/14/201712/15/201712/29/2017
8/7/2017Quarterly$0.071.43%9/14/20179/15/20179/29/2017
6/10/2015Quarterly$0.061.25%6/10/20156/30/20156/30/2015
3/11/2015Quarterly$0.061.56%3/11/20153/31/20153/31/2015
11/7/2014quarterly$0.061.54%12/10/201412/12/201412/31/2014
8/12/2014quarterly$0.041.39%9/10/20149/12/20149/30/2014
5/14/2014quarterly$0.041.43%6/11/20146/13/20146/30/2014
2/20/2014quarterly$0.041.95%3/12/20143/14/20143/31/2014
12/10/2013Quarterly$0.020.84%12/10/201312/31/201312/31/2013
11/8/2013quarterly$0.0312/12/201312/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Magellan Aerospace (TSE MAL) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Magellan Aerospace (TSE:MAL)

Magellan Aerospace (TSE MAL) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/11/2017Bruce William GowanDirectorSell3,000C$21.00C$63,000.00
3/20/2017Bruce William GowanDirectorBuy3,000C$18.54C$55,620.00
(Data available from 1/1/2013 forward)

Headlines

Magellan Aerospace (TSE MAL) News Headlines

Source:
DateHeadline
Magellan Aerospace Corp (MAL) Increases Dividend to $0.09 Per ShareMagellan Aerospace Corp (MAL) Increases Dividend to $0.09 Per Share
www.americanbankingnews.com - December 9 at 1:18 PM
Magellan Aerospace Corporation (TSX:MAL): Time For A Financial Health CheckMagellan Aerospace Corporation (TSX:MAL): Time For A Financial Health Check
finance.yahoo.com - December 2 at 5:20 PM
Magellan Aerospace Breaks Ground for New Manufacturing and Assembly Plant in IndiaMagellan Aerospace Breaks Ground for New Manufacturing and Assembly Plant in India
finance.yahoo.com - November 16 at 10:17 AM
ETFs with exposure to Magellan Aerospace Corp. : November 13, 2017ETFs with exposure to Magellan Aerospace Corp. : November 13, 2017
finance.yahoo.com - November 13 at 5:45 PM
Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q3, 2017 By the Numbers : November 10, 2017Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q3, 2017 By the Numbers : November 10, 2017
finance.yahoo.com - November 12 at 5:11 AM
TD Securities Increases Magellan Aerospace Corp (MAL) Price Target to C$25.00TD Securities Increases Magellan Aerospace Corp (MAL) Price Target to C$25.00
www.americanbankingnews.com - November 8 at 7:08 PM
Magellan Aerospace Corporation Announces Q3 2017 Financial ResultsMagellan Aerospace Corporation Announces Q3 2017 Financial Results
finance.yahoo.com - November 8 at 4:41 PM
Magellan Aerospace Announces Quarterly DividendMagellan Aerospace Announces Quarterly Dividend
finance.yahoo.com - November 3 at 9:20 PM
Magellan Aerospace Corp. – Value Analysis (TORONTO:MAL) : October 9, 2017Magellan Aerospace Corp. – Value Analysis (TORONTO:MAL) : October 9, 2017
finance.yahoo.com - October 9 at 8:12 PM
Magellan Aerospace Corp. breached its 50 day moving average in a Bullish Manner : MAL-CA : October 6, 2017Magellan Aerospace Corp. breached its 50 day moving average in a Bullish Manner : MAL-CA : October 6, 2017
finance.yahoo.com - October 6 at 10:13 AM
Magellan Aerospace selected by Airbus for A320neo PW Exhaust SystemsMagellan Aerospace selected by Airbus for A320neo PW Exhaust Systems
finance.yahoo.com - September 21 at 5:35 PM
Magellan Aerospace Corp. : MAL-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017Magellan Aerospace Corp. : MAL-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 15 at 6:14 AM
Does Magellan Aerospace Corporation’s (TSX:MAL) PE Ratio Warrant A Buy?Does Magellan Aerospace Corporation’s (TSX:MAL) PE Ratio Warrant A Buy?
finance.yahoo.com - September 10 at 7:38 PM
Magellan Aerospace Corp (MAL) Declares Quarterly Dividend of $0.07Magellan Aerospace Corp (MAL) Declares Quarterly Dividend of $0.07
www.americanbankingnews.com - September 9 at 2:16 PM
ETFs with exposure to Magellan Aerospace Corp. : September 9, 2017ETFs with exposure to Magellan Aerospace Corp. : September 9, 2017
finance.yahoo.com - September 9 at 6:04 AM
ETFs with exposure to Magellan Aerospace Corp. : August 23, 2017ETFs with exposure to Magellan Aerospace Corp. : August 23, 2017
finance.yahoo.com - August 24 at 8:54 AM
Magellan Aerospace: Too Cheap To IgnoreMagellan Aerospace: Too Cheap To Ignore
seekingalpha.com - August 16 at 6:00 AM
Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 11, 2017Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 11, 2017
finance.yahoo.com - August 12 at 3:56 AM
Magellan Aerospace Corp. breached its 50 day moving average in a Bearish Manner : MAL-CA : August 10, 2017Magellan Aerospace Corp. breached its 50 day moving average in a Bearish Manner : MAL-CA : August 10, 2017
finance.yahoo.com - August 11 at 6:18 AM
Magellan Aerospace Corp (TSE:MAL) Downgraded by TD Securities to "Hold"Magellan Aerospace Corp (TSE:MAL) Downgraded by TD Securities to "Hold"
www.americanbankingnews.com - August 9 at 3:26 PM
Canaccord Genuity Downgrades Magellan Aerospace Corp (MAL) to HoldCanaccord Genuity Downgrades Magellan Aerospace Corp (MAL) to Hold
www.americanbankingnews.com - August 9 at 3:26 PM
Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 2, 2017Magellan Aerospace Corp. :MAL-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 4:14 AM
Magellan Aerospace Corp. breached its 50 day moving average in a Bullish Manner : MAL-CA : July 25, 2017Magellan Aerospace Corp. breached its 50 day moving average in a Bullish Manner : MAL-CA : July 25, 2017
finance.yahoo.com - July 25 at 11:18 PM

SEC Filings

Magellan Aerospace (TSE:MAL) SEC Filings

DateFilerForm TypeView

Social Media

Financials

Financials are not available for this stock.

Chart

Magellan Aerospace (TSE MAL) Stock Chart for Tuesday, December, 12, 2017

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This page was last updated on 12/12/2017 by MarketBeat.com Staff

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