Magna International Company Profile (TSE:MG)

About Magna International (TSE:MG)

Magna International logoMagna 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:
  • Market Cap: C$23.78 billion
  • Outstanding Shares: 369,897,000
Average Prices:
  • 50 Day Moving Avg: C$59.80
  • 200 Day Moving Avg: C$58.93
  • 52 Week Range: C$49.44 - C$64.50
  • Trailing P/E Ratio: 11.49
  • P/E Growth: -2.79
Sales & Book Value:
  • Annual Revenue: C$37.16 billion
  • Price / Sales: 0.64
  • Book Value: C$28.83 per share
  • Price / Book: 2.23
  • Dividend Yield: 2.3%
  • 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?

Magna International is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Magna International.

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?

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?

One share of Magna International stock can currently be purchased for approximately C$64.29.

MarketBeat Community Rating for Magna International (TSE MG)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  328
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.

Analyst Ratings

Consensus Ratings for Magna International (TSE:MG) (How are Consensus Ratings Calculated?)
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)
DateFirmActionRatingPrice TargetDetails
5/12/2017BMO Capital MarketsSet Price TargetMarket PerformC$47.00View Rating Details
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
(Data available from 9/21/2015 forward)


Earnings History for Magna International (TSE:MG)
Earnings by Quarter for Magna International (TSE:MG)
Earnings History by Quarter for Magna International (TSE MG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2014C$2.41C$2.59C$10.34 billionViewN/AView Earnings Details
5/8/2014C$1.97C$2.16C$9.76 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Magna International (TSE:MG)
2017 EPS Consensus Estimate: $7.61
2018 EPS Consensus Estimate: $9.18
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.76$1.95$1.86
Q2 20173$1.89$2.17$2.00
Q3 20173$1.69$1.99$1.81
Q4 20172$1.86$2.04$1.95
Q1 20181$2.27$2.27$2.27
Q2 20181$2.30$2.30$2.30
Q3 20181$2.11$2.11$2.11
Q4 20181$2.50$2.50$2.50
(Data provided by Zacks Investment Research)


Dividend History by Quarter for Magna International (TSE MG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Magna International (TSE:MG)
Insider Trades by Quarter for Magna International (TSE:MG)
Insider Trades by Quarter for Magna International (TSE:MG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/16/2017Francis SeguinInsiderBuy12,000C$57.21C$686,520.00
6/1/2017Seetarama Swamy KotagiriInsiderSell10,000C$45.85C$458,500.00
5/30/2017Guenther Friedrich ApfalterInsiderSell40,000C$60.70C$2,428,000.00
5/23/2017Tommy Joseph SkudutisDirectorSell14,000C$61.34C$858,760.00
3/30/2017Lawrence WorrallDirectorSell3,628C$58.08C$210,714.24
3/8/2017Cynthia NiekampDirectorBuy2,000C$42.74C$85,480.00
3/7/2017Francis SeguinInsiderBuy5,400C$57.63C$311,202.00
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)


Headline Trends for Magna International (TSE:MG)
Latest Headlines for Magna International (TSE:MG)
DateHeadline logoTop Ranked Value Stocks to Buy for September 14th - September 14 at 3:59 PM logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : September 13, 2017 - September 14 at 7:40 AM logoShould Investors Prepare for an End to NAFTA? - The Motley Fool Canada - September 4 at 7:29 PM featured highlights Volkswagen Aktiengesellschaft , Fiat Chrysler Automobiles, American Equity Investment Life Holding, Magna International and M/I Homes - August 28 at 3:25 PM logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : August 25, 2017 - August 26 at 7:05 AM logoMagna International Inc. (MG) Announces Dividend Increase - $0.28 Per Share - August 25 at 10:25 AM logoCould President Trump Cancel NAFTA? - The Motley Fool Canada - August 24 at 9:11 AM logoIs Magna International Inc. About to Drive Off a Cliff? - August 22 at 3:57 PM logoResearch Initiated on Consumer Cyclical Stocks, Magna International, Linamar, Martinrea International, and Uni Select - August 21 at 8:08 AM logoMagna International, Inc. :MG-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017 - August 19 at 12:53 AM logoETFs with exposure to Magna International, Inc. : August 16, 2017 - August 17 at 2:47 AM logoQ3 2017 EPS Estimates for Magna International Inc. (MG) Lifted by KeyCorp - August 16 at 6:30 AM logoCormark Research Analysts Increase Earnings Estimates for Magna International Inc. (MG) - August 16 at 6:30 AM logoCanadian Stocks May Struggle To Steady -- Canadian Commentary - Nasdaq - August 13 at 12:48 AM logoWhy Magna International Inc. Is Down 2% - August 12 at 5:12 AM logoEdited Transcript of MG.TO earnings conference call or presentation 11-Aug-17 12:00pm GMT - August 12 at 5:11 AM logoMagna beats Street 2Q forecasts - August 12 at 5:11 AM logoEarnings Scheduled For August 11, 2017 - August 11 at 5:32 AM logoMagna International, Inc. :MG-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017 - August 5 at 2:55 AM logoMagna International Inc. (MG) Given Average Recommendation of "Buy" by Brokerages - August 4 at 7:08 PM logoMagna International Inc. (TSE:MG) Set to Announce Earnings on Friday - August 4 at 7:12 AM logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : July 31, 2017 - July 31 at 8:11 PM logoCANADA STOCKS-TSX falls as banks, consumer names weigh; Bombardier jumps - Nasdaq - July 28 at 4:08 PM logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : July 19, 2017 - July 20 at 1:06 AM logoFY2018 Earnings Estimate for Magna International Inc. Issued By Cormark (MG) - July 19 at 1:48 PM logoQ2 2017 EPS Estimates for Magna International Inc. Cut by Analyst (TSE:MG) - July 18 at 9:20 AM logoJaguar Land Rover to produce first car entirely outside of Britain - Nasdaq - July 14 at 6:26 AM logoMagna International Inc. (TSE:MG) Receives Consensus Recommendation of "Buy" from Brokerages - July 10 at 7:06 PM logoMagna International, Inc. – Value Analysis (TORONTO:MG) : July 4, 2017 - July 5 at 8:25 AM logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : July 3, 2017 - July 3 at 8:12 PM logoThe ROB Top 1000: Two of the highest-ranking stocks to consider for your portfolio - The Globe and Mail - June 27 at 11:42 PM logoWhy Magna International Inc. Is Still a Good Buy - June 23 at 11:59 PM logo[$$] More British parts being used in UK cars, says report - June 19 at 10:37 PM logoAuto supplier Magna to manufacture BMW 5-series plug-in hybrids - Reuters - June 19 at 11:35 AM logoAuto supplier Magna to manufacture BMW 5-series plug-in hybrids - June 19 at 11:35 AM logoAuto Supplier Magna Partners with BMW to Produce New 5-Series Plugin Hybrids - June 19 at 11:35 AM logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : June 19, 2017 - June 19 at 11:35 AM logoMagna International Inc. (MG) Insider Purchases C$686,520.00 in Stock - June 16 at 7:34 PM logoMagna International (MGA) Up 1.8% Since Earnings Report: Can It Continue? - June 16 at 7:40 AM logoMagna Unveils First D-Optic LED Headlamps, Debut Set for '18 - June 16 at 7:40 AM logoGlobal Advertising Growth to Slow Slightly This Year - June 14 at 9:43 AM logoUni-Select - An Automotive Investment Option - June 13 at 11:42 PM logoMagna International Inc. (MG) Receives Consensus Recommendation of "Buy" from Analysts - June 13 at 5:04 PM logoMagna partners with RocketSpace to accelerate automotive innovation - June 8 at 10:23 AM logoMagna International Inc. (MG) Insider Seetarama Swamy Kotagiri Sells 10,000 Shares - June 2 at 1:16 PM logoInsider Selling: Magna International Inc. (MG) Insider Sells 40,000 Shares of Stock - May 31 at 10:34 AM logoMagna International, Inc. : MG-CA: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 26, 2017 - May 26 at 7:19 PM logoTommy Joseph Skudutis Sells 14,000 Shares of Magna International Inc. (MG) Stock - May 24 at 10:22 AM logoMagna International Inc. (MG) Receives Consensus Rating of "Buy" from Brokerages - May 19 at 5:08 PM logoKeyCorp Weighs in on Magna International Inc.'s Q2 2017 Earnings (MG) - May 18 at 7:54 AM



Magna International (MG) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff