Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards. It also provides interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings; complete seating systems, mechanism solutions, seat structure solutions, foam and trim products, and design and development solutions; and fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites. In addition, the company offers driveline systems, fluid pressure and controls, metal-forming solutions; and body systems, chassis systems, and renewable energy systems. It serves original equipment manufacturers, tier 1, medium and heavy truck, and non-automotive customers. The company was founded in 1957 and is headquartered in Aurora, Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:MG
- CUSIP: N/A
- Web: www.magna.com/
- Market Cap: C$23.78 billion
- Outstanding Shares: 369,897,000
- 50 Day Moving Avg: C$59.80
- 200 Day Moving Avg: C$58.93
- 52 Week Range: C$49.44 - C$64.50
Sales & Book Value:
- Trailing P/E Ratio: 11.49
- P/E Growth: -2.79
- Annual Revenue: C$37.16 billion
- Price / Sales: 0.64
- Book Value: C$28.83 per share
- Price / Book: 2.23
- EBIDTA: C$4.01 billion
- Net Margins: 5.93%
- Return on Equity: 21.34%
- Return on Assets: 9.63%
- Average Volume: 927,403 shs.
- Short Ratio: 3.24
Frequently Asked Questions for Magna International (TSE:MG)
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 declared a quarterly dividend on Friday, August 11th. Shareholders of record on Friday, September 1st will be given a dividend of 0.275 per share on Friday, September 15th. This represents a $1.10 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date is Wednesday, August 30th. This is a positive change from Magna International's previous quarterly dividend of $0.25. View Magna International's Dividend History.
When will Magna International make its next earnings announcement?
Where is Magna International's stock going? Where will Magna International's stock price be in 2017?
5 analysts have issued 12 month price objectives for Magna International's shares. Their predictions range from C$47.00 to C$75.50. On average, they expect Magna International's stock price to reach C$59.38 in the next twelve months. View Analyst Ratings for Magna International.
Who are some of Magna International's key competitors?
Some companies that are related to Magna International include Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO), Imperial Oil Ltd (IMO), Sun Life Financial (SLF), Canadian Pacific Railway Limited (CP), TELUS (T), Loblaw Companies Ltd (L), Power Financial Corp (PWF), Barrick Gold Corp (ABX), Waste Connections (WCN), Potash Co. of Saskatchewan (POT), National Bank of Canada (NA), Restaurant Brands International (QSR), Fortis (FTS), Agrium (AGU), Franco Nevada Corp (FNV) and Pembina Pipeline Corp (PPL).
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
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.
What is Magna International's stock price today?
MarketBeat Community Rating for Magna International (TSE MG)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.
One share of Magna International stock can currently be purchased for approximately C$64.29.
Consensus Ratings for Magna International (TSE:MG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||C$59.38|
Analysts' Ratings History for Magna International (TSE:MG)
(Data available from 9/21/2015 forward)
|5/12/2017||BMO Capital Markets||Set Price Target||Market Perform||C$47.00|
|2/27/2017||Scotiabank||Set Price Target||Outperform||C$65.00|
|2/27/2017||TD Securities||Set Price Target||Hold||C$50.00|
|1/12/2017||Royal Bank Of Canada||Boost Price Target||Outperform||C$75.50|
|8/8/2016||CIBC||Boost Price Target||Sector Perform||C$45.00 -> C$47.00|