Magna International Company Profile (TSE:MG)

About Magna International

Magna International logoMagna International Inc. (Magna) is an automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. Its product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 290 manufacturing operations and over 80 product development, engineering and sales centers in approximately 30 countries. The Company's operating unit, Cosma International, is an automotive supplier that provides a range of body, chassis and engineering solutions. The Company produces a range of body-in-white solutions

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: MG
  • CUSIP:
Key Metrics:
  • Previous Close: $57.18
  • 50 Day Moving Average: $57.74
  • 200 Day Moving Average: $55.71
  • 52-Week Range: C$42.73 - C$62.10
  • Trailing P/E Ratio: 11.23
  • P/E Growth: 0.67
  • Market Cap: $21.98B
  • Outstanding Shares: 384,409,000
Additional Links:

Analyst Ratings

Consensus Ratings for Magna International (TSE:MG) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$59.38

Analysts' Ratings History for Magna International (TSE:MG)
Show:
DateFirmActionRatingPrice TargetDetails
2/27/2017ScotiabankSet Price TargetOutperformC$65.00View Rating Details
2/27/2017TD SecuritiesSet Price TargetHoldC$50.00View Rating Details
1/12/2017Royal Bank of CanadaBoost Price TargetOutperformC$75.50View Rating Details
9/28/2016MacquarieReiterated RatingOutperformView Rating Details
8/8/2016CIBCBoost Price TargetSector PerformC$45.00 -> C$47.00View Rating Details
6/28/2016BMO Capital MarketsDowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Magna International (TSE:MG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017        
8/11/2014$2.41$2.59ViewN/AView Earnings Details
5/9/2014$1.97$2.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magna International (TSE:MG)
Current Year EPS Consensus Estimate: $5.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$1.69$1.69$1.69
Q3 20161$1.64$1.64$1.64
Q4 20162$1.80$1.93$1.87
Q1 20172$1.81$1.95$1.88
Q2 20172$1.94$2.17$2.06
Q3 20172$1.72$1.99$1.86
Q4 20171$1.98$1.98$1.98
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Magna International (TSE:MG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2016quarterlyC$0.251.9%11/22/201611/25/201612/9/2016
5/5/2016quarterlyC$0.251.92%5/25/20165/27/20166/10/2016
5/27/2015QuarterlyC$0.221.24%5/27/20156/12/20156/12/2015
3/11/2015QuarterlyC$0.220.65%3/11/20153/27/20153/27/2015
3/9/2015QuarterlyC$0.441.29%3/9/20153/25/20153/25/2015
11/25/2014QuarterlyC$0.381.3%11/25/201412/12/201412/12/2014
3/12/2014QuarterlyC$0.381.47%3/12/20143/28/20143/28/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magna International (TSE:MG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/7/2016Vincent Joseph GalifiInsiderSell95,000C$60.65C$5,761,750.00
6/7/2016Tommy Joseph SkudutisDirectorSell22,852C$52.38C$1,196,987.76
2/29/2016Sr. James Joseph TobinInsiderSell18,760C$38.74C$726,762.40
2/4/2016Jeffrey Owen PalmerInsiderSell105,000C$44.61C$4,684,050.00
2/3/2016Jeffrey Owen PalmerInsiderSell370,000C$44.80C$16,574,520.00
2/1/2016Jeffrey Owen PalmerInsiderSell25,000C$48.55C$1,213,675.00
12/16/2015Sr. James Joseph TobinInsiderSell14,381C$41.57C$597,818.17
12/16/2015Tommy Joseph SkudutisDirectorSell36,794C$57.45C$2,113,815.30
11/30/2015Donald James WalkerDirectorSell50,000C$60.12C$3,006,000.00
8/17/2015Donald James WalkerDirectorSell35,000C$69.09C$2,418,080.00
12/22/2014Sr. James Joseph TobinInsiderSell96,491C$106.97C$10,321,642.27
12/18/2014Lawrence WorrallDirectorSell5,000C$122.95C$614,750.00
12/4/2014Marc Joseph NeebInsiderSell23,334C$126.32C$2,947,550.88
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magna International (TSE:MG)
DateHeadline
finance.yahoo.com logoMagna International (MGA) Q4 Earnings Lag, Revenues Top (TSE:MG)
finance.yahoo.com - February 27 at 6:08 PM
News IconAuto parts giant Magna raises concerns about protectionist trade measures - Thompson Citizen (TSE:MG)
www.thompsoncitizen.net - February 26 at 6:41 AM
News IconEarnings Reaction History: Magna International Inc (TSE:MG)
eleganthomesinla.com - February 25 at 6:10 PM
News IconRoyal Bank Of Canada Reaffirmed “Outperform” Rating for Magna International Inc. (MG.A) - Petro Global News 24 (TSE:MG)
petroglobalnews24.com - February 25 at 6:10 PM
News IconAuto parts giant Magna raises concerns about protectionist trade measures - Cape Breton Post (TSE:MG)
www.capebretonpost.com - February 25 at 8:13 AM
finance.yahoo.com logoEdited Transcript of MG.TO earnings conference call or presentation 24-Feb-17 1:00pm GMT (TSE:MG)
finance.yahoo.com - February 25 at 12:45 AM
News IconAuto parts giant Magna raises concerns about protectionist trade measures (TSE:MG)
www.ctvnews.ca - February 24 at 7:45 PM
News IconMagna raises concerns about protectionism (TSE:MG)
www.parrysound.com - February 24 at 7:45 PM
4-traders.com logoMagna International : Auto parts giant Magna raises concerns about protectionist trade measures (TSE:MG)
www.4-traders.com - February 24 at 7:45 PM
rttnews.com logoMagna International Inc. Announces 0% Increase In Q4 Bottom Line (TSE:MG)
www.rttnews.com - February 24 at 9:31 AM
News IconWhat To Expect From Magna International Inc's (TSX:MG) Earnings In Next 12 Months? - Simply Wall St (TSE:MG)
simplywall.st - February 24 at 9:31 AM
nasdaq.com logoMagna International Inc. Announces 0% Increase In Q4 Bottom Line ... - Nasdaq (TSE:MG)
www.nasdaq.com - February 24 at 9:31 AM
biz.yahoo.com logoQ4 2016 Magna International Inc Earnings Release - Before Market Open (TSE:MG)
biz.yahoo.com - February 24 at 9:31 AM
biz.yahoo.com logoMagna International Inc Earnings Call scheduled for 8:00 am ET today (TSE:MG)
biz.yahoo.com - February 24 at 9:31 AM
News IconTechnical Indicator Review on Shares of Magna International Inc (MG.TO) - Midway Monitor (TSE:MG)
midwaymonitor.com - February 23 at 6:33 PM
News IconTrading Monitor: Watching Shares of Magna International Inc (MG.TO) - The Standard (TSE:MG)
6milestandard.com - February 22 at 8:20 AM
News IconTechnical Trading: Focus on Shares of Magna International Inc (MG.TO) - Davidson Register (TSE:MG)
davidsonregister.com - February 17 at 2:52 PM
sg.finance.yahoo.com logoMerkel says to do all she can to secure Opel jobs in Germany (TSE:MG)
sg.finance.yahoo.com - February 17 at 2:52 PM
News IconStock Overview: Moving Average Check on Magna International Inc (MG.TO) - Benton Bulletin (TSE:MG)
bentonbulletin.com - February 14 at 8:05 PM
capitalcube.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : February 14, 2017 (TSE:MG)
www.capitalcube.com - February 14 at 8:05 PM
bloomberg.com logoMagna, Suncor Gird for Nafta War as Trump Meets Trudeau (TSE:MG)
www.bloomberg.com - February 13 at 10:18 AM
wsj.com logo[$$] Connected-Car Startup Zubie Names Gary Tucker CEO (TSE:MG)
www.wsj.com - February 9 at 12:23 AM
News IconStock Watch for Magna International Inc. (TSX:MG) - Sherwood Daily (TSE:MG)
sherwooddaily.com - February 8 at 12:51 AM
News IconDirectional Index Update on Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - February 6 at 6:37 PM
News IconWilliams %R Check on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - February 3 at 7:13 PM
finance.yahoo.com logoSlovenian jobless number up 4 pct in January but seen falling (TSE:MG)
finance.yahoo.com - February 3 at 7:13 PM
News IconInvestor Lookout: Technical Indicator Watch for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - February 2 at 7:20 PM
News IconMA in Focus for Magna International Inc (MG.TO) - Rives Journal - Rives Journal (TSE:MG)
rivesjournal.com - February 2 at 12:22 AM
News IconTag: Magna International (TSE:MG)
mymotorwheels.wordpress.com - February 1 at 12:27 AM
News IconMeasuring the Levels on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - February 1 at 12:27 AM
News IconInvestor Monitor: Looking Closer at Shares of Magna International Inc. (TSX:MG) - Gilbert Daily (TSE:MG)
gilbertdaily.com - January 30 at 7:14 PM
News IconActive Trading Watch on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 30 at 7:14 PM
News IconActive Trading Watch on Shares of Magna International Inc (MG.TO) - Sherwood Daily (TSE:MG)
sherwooddaily.com - January 29 at 6:58 PM
News IconWhat are the Levels Indicating for This Stock: Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 28 at 11:39 PM
barrons.com logo[$$] Magna International Shares: Priced to Move (TSE:MG)
www.barrons.com - January 28 at 5:08 AM
News IconUpdate on Valuation Formula's For Magna International Inc. (TSX:MG) - Gilbert Daily (TSE:MG)
gilbertdaily.com - January 26 at 9:28 PM
News IconTechnical Study: Following Indicators for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 26 at 9:28 PM
News IconInvestors are Keeping Tabs on Magna International Inc. (TSX:MG) - Gilbert Daily (TSE:MG)
gilbertdaily.com - January 25 at 7:56 PM
News IconTrading Scope: Following Levels on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 25 at 7:56 PM
News IconStock Volatility Review for Magna International Inc. (TSX:MG) - Gilbert Daily (TSE:MG)
gilbertdaily.com - January 25 at 12:16 AM
News IconCalibrating the Trade: Watching Technicals on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 24 at 7:15 PM
News IconNarrowing in on Chart Levels for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 23 at 11:52 PM
News IconShares in Focus: Magna International Inc. (TSX:MG) - Gilbert Daily (TSE:MG)
gilbertdaily.com - January 23 at 10:12 AM
News IconMarket Review: Indicator Watch for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 20 at 7:17 PM
News IconFocusing on the Numbers for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 19 at 8:35 PM
News IconStock Watch: Indicators in View for Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 18 at 7:02 PM
capitalcube.com logoMagna International, Inc. – Value Analysis (TORONTO:MG) : January 18, 2017 (TSE:MG)
www.capitalcube.com - January 18 at 7:01 PM
finance.yahoo.com logoDonald Trump Will Crush Magna International Inc. (TSE:MG)
ca.finance.yahoo.com - January 17 at 6:52 PM
News IconStock Momentum in Focus on Shares of Magna International Inc (MG.TO) - Rives Journal (TSE:MG)
rivesjournal.com - January 17 at 6:52 PM
News IconMagna International Inc. (MG.A) Stock Rating Reaffirmed by Scotiabank (TSE:MG)
perspectivabetica.com - January 17 at 11:48 AM

Social

What is Magna International's stock symbol?

Magna International trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MG."

How often does Magna International pay dividends? What is the dividend yield for Magna International?

Magna International announced a quarterly dividend on Thursday, November 3rd. Investors of record on Friday, November 25th will be paid a dividend of 0.25 per share on Friday, December 9th. This represents a $1.00 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Tuesday, November 22nd.

Where is Magna International's stock going? Where will Magna International's stock price be in 2017?

6 analysts have issued 12-month target prices for Magna International's stock. Their predictions range from C$47.00 to C$75.50. On average, they expect Magna International's share price to reach C$59.38 in the next twelve months.

When will Magna International announce their earnings?

Magna International is scheduled to release their next quarterly earnings announcement on Friday, February, 24th 2017.

How do I buy Magna International stock?

Shares of Magna International 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.

How much does a share of Magna International stock cost?

One share of Magna International stock can currently be purchased for approximately C$57.18.

Magna International (TSE:MG) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Magna International (TSE:MG)

Earnings History Chart

Earnings by Quarter for Magna International (TSE:MG)

Dividend History Chart

Dividend Payments by Quarter for Magna International (TSE:MG)

Last Updated on 2/27/2017 by MarketBeat.com Staff