S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Magna International Stock Forecast, Price & News

-0.23 (-0.33%)
(As of 07/4/2022 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
231,439 shs
Average Volume
1.02 million shs
Market Capitalization
C$20.78 billion
P/E Ratio
Dividend Yield
Price Target

Magna International MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
22.1% Upside
C$86.00 Price Target
Short Interest
Dividend Strength
Based on Four Factors
News Sentiment
-0.18mentions of Magna International in the last 14 days
Based on 3 Articles This Week
Insider Trading
Proj. Earnings Growth

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.63 out of 5 stars

30 days | 90 days | 365 days | Advanced Chart

Receive MG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Magna International and its competitors with MarketBeat's FREE daily newsletter.

Magna International logo

About Magna International (TSE:MG) Stock

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

MG Stock News Headlines

Magna International Inc stock raised on Friday.
Magna International Inc stock boosted on Monday.
Magna International Inc stock advanced on Friday.
Jim Cramer Was Right About These 10 Stocks
Magna Q1 Profit Down, Declares Dividend; Cuts FY22 Outlook
See More Headlines

Industry, Sector and Symbol

Auto Parts
Year Founded

Company Calendar

Last Earnings
Ex-Dividend for 5/27 Dividend
Dividend Payable
Next Earnings (Estimated)

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
12 Analysts


Pretax Margin


Sales & Book Value

Annual Sales
C$35.70 billion
Cash Flow
C$6.45 per share
Book Value
C$39.81 per share


Free Float
Market Cap
C$20.78 billion

Magna International Frequently Asked Questions

Should I buy or sell Magna International stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Magna International stock.
View analyst ratings for Magna International
or view top-rated stocks.

What is Magna International's stock price forecast for 2022?

12 equities research analysts have issued 1 year price objectives for Magna International's stock. Their MG stock forecasts range from C$63.00 to C$128.00. On average, they predict Magna International's share price to reach C$86.00 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts' price targets for Magna International
or view top-rated stocks among Wall Street analysts.

How has Magna International's stock price performed in 2022?

Magna International's stock was trading at C$102.35 on January 1st, 2022. Since then, MG shares have decreased by 31.2% and is now trading at C$70.45.
View the best growth stocks for 2022 here

When is Magna International's next earnings date?

Magna International is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Magna International

How were Magna International's earnings last quarter?

Magna International Inc. (TSE:MG) released its quarterly earnings data on Friday, April, 29th. The company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $0.22. The company earned $12.21 billion during the quarter, compared to analysts' expectations of $11.20 billion.
View Magna International's earnings history

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

Magna International announced a quarterly dividend on Thursday, May 12th. Stockholders of record on Friday, May 27th will be given a dividend of 0.45 per share on Friday, May 27th. This represents a $1.80 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Thursday, May 12th.
View Magna International's dividend history

Is Magna International a good dividend stock?

Magna International(TSE:MG) pays an annual dividend of C$1.74 per share and currently has a dividend yield of 3.25%. The dividend payout ratio of Magna International is 32.03%. This payout ratio is at a healthy, sustainable level, below 75%.
View Magna International's dividend history.

Who are Magna International's key executives?

Magna International's management team includes the following people:
  • Mr. Seetarama Swamy Kotagiri M.Sc., CEO & Director
  • Mr. Vincent Joseph Galifi B.Com., C.A., Pres (Age 62, Pay $2.82M)
  • Mr. Tommy J. Skudutis, Exec. VP & COO
  • Mr. Eric Jon Wilds, Exec. VP of Chief Sales & Marketing Officer
  • Mr. Guenther F. Apfalter, Pres of Magna Europe & Asia (Age 59, Pay $1.36M)
  • Mr. Patrick W. D. McCann, Exec. VP & CFO
  • Mr. Anton Mayer, Exec. VP & CTO
  • Mr. Boris Shulkin, Exec. VP and Chief Digital & Information Officer
  • Mr. Louis Tonelli, VP of Investor Relations
  • Mr. Bruce R. Cluney, Exec. VP & Chief Legal Officer (Age 57)

What other stocks do shareholders of Magna International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magna International investors own include Magna International (MGA), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Manulife Financial (MFC), BCE (BCE), Enbridge (ENB), Canadian Natural Resources (CNQ), National Bank of Canada (NA) and Suncor Energy (SU).

What is Magna International's stock symbol?

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

How do I buy shares of Magna International?

Shares of MG 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 Magna International's stock price today?

One share of MG stock can currently be purchased for approximately C$70.45.

How much money does Magna International make?

Magna International (TSE:MG) has a market capitalization of C$20.78 billion and generates C$35.70 billion in revenue each year.

How many employees does Magna International have?

Magna International employs 161,000 workers across the globe.

How can I contact Magna International?

Magna International's mailing address is 337 Magna Dr, AURORA, ON L4G 7K1, Canada. The official website for Magna International is www.magna.com. The company can be reached via phone at +1-905-7262462.

This page (TSE:MG) was last updated on 7/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.