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: www.magna.com/
Capitalization:
  • Market Cap: C$24.76 billion
  • Outstanding Shares: 369,897,000
Average Prices:
  • 50 Day Moving Avg: C$63.70
  • 200 Day Moving Avg: C$60.07
  • 52 Week Range: C$49.44 - C$69.60
P/E:
  • Trailing P/E Ratio: 12.01
  • P/E Growth: -3.00
Sales & Book Value:
  • Annual Revenue: C$37.16 billion
  • Price / Sales: 0.67
  • Book Value: C$28.83 per share
  • Price / Book: 2.32
Dividend:
  • Dividend Yield: 2.3%
Profitability:
  • EBITDA: C$4.01 billion
  • Net Margins: 5.93%
  • Return on Equity: 21.34%
  • Return on Assets: 9.63%
Misc:
  • Average Volume: 931,879 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 announced a quarterly dividend on Friday, August 11th. Stockholders 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 dividend yield of 1.64%. The ex-dividend date is Wednesday, August 30th. This is an increase 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, 9th 2017. View Earnings Estimates for Magna International.

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

4 analysts have issued twelve-month target prices for Magna International's stock. Their forecasts range from C$47.00 to C$75.50. On average, they anticipate Magna International's stock price to reach C$59.38 in the next year. 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$66.94.


MarketBeat Community Rating for Magna International (TSE MG)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  211 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  342
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, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$59.38
Consensus Price Target History for Magna International (TSE:MG)
Price Target History for Magna International (TSE:MG)
Analysts' Ratings History for Magna International (TSE:MG)
Show:
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 10/17/2015 forward)

Earnings

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
11/9/2017C$1.70N/AView Earnings Details
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)

Estimates

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)

Dividends

Dividend History by Quarter for Magna International (TSE MG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/11/2017Quarterly$0.281.89%8/30/20179/1/20179/15/2017
11/3/2016quarterly$0.251.9%11/22/201611/25/201612/9/2016
5/5/2016quarterly$0.251.92%5/25/20165/27/20166/10/2016
5/27/2015Quarterly$0.221.24%5/27/20156/12/20156/12/2015
3/11/2015Quarterly$0.220.65%3/11/20153/27/20153/27/2015
3/9/2015Quarterly$0.441.29%3/9/20153/25/20153/25/2015
11/25/2014Quarterly$0.381.3%11/25/201412/12/201412/12/2014
3/12/2014Quarterly$0.381.47%3/12/20143/28/20143/28/2014
(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)

Headlines

Headline Trends for Magna International (TSE:MG)
Latest Headlines for Magna International (TSE:MG)
Source:
DateHeadline
fool.ca logo2 Stocks That Could Take Off as the Self-Driving Revolution Continues - The Motley Fool Canada
www.fool.ca - October 16 at 8:14 PM
finance.yahoo.com logoSlovenia plans to make investment easier - minister
finance.yahoo.com - October 14 at 3:04 AM
finance.yahoo.com logoZacks.com featured highlights include Vishay Intertechnology, ON Semiconductor, Magna International and AerCap Holdings
finance.yahoo.com - October 9 at 4:07 PM
finance.yahoo.com logoShould Value Investors Pick Magna International (MGA) Stock?
finance.yahoo.com - October 9 at 4:06 PM
finance.yahoo.com logoCanadian car parts maker Magna wins Slovenia construction permit
finance.yahoo.com - October 6 at 10:24 AM
finance.yahoo.com logoCar parts maker Magna to create 1,000 jobs in Slovenia -minister
finance.yahoo.com - October 6 at 10:24 AM
fool.ca logoThe TSX's 2 Best Buyback Stocks Heading into 2018 - The Motley Fool Canada
www.fool.ca - October 4 at 7:45 AM
finance.yahoo.com logoHow Does Magna International Inc (TSX:MG) Affect Your Portfolio Returns?
finance.yahoo.com - October 2 at 11:53 AM
baystreet.ca logoMagna, STEP at 52-Week Highs - Baystreet.ca
www.baystreet.ca - September 27 at 3:42 PM
baystreet.ca logoBaystreet.ca - Ballard Hits 52-Week High on Army Contract - Baystreet.ca
www.baystreet.ca - September 27 at 9:41 AM
fool.ca logoWhich of These 4 Top-Performing Stocks Will Continue to Climb? - The Motley Fool Canada
www.fool.ca - September 25 at 7:23 PM
fool.ca logoUni Select Inc. Is Trading Near its 52-Week Low: Time to Buy? | The ... - The Motley Fool Canada
www.fool.ca - September 22 at 5:21 AM
fool.ca logo3 Canadian Stocks That Could Win or Lose After China's Ban on ... - The Motley Fool Canada
www.fool.ca - September 22 at 5:21 AM
baystreet.ca logoBaystreet.ca - Air Canada Heads List of Stocks at 52-Week Highs - Baystreet.ca
www.baystreet.ca - September 22 at 5:21 AM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for September 14th
finance.yahoo.com - September 14 at 3:59 PM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : September 13, 2017
finance.yahoo.com - September 14 at 7:40 AM
fool.ca logoShould Investors Prepare for an End to NAFTA? - The Motley Fool Canada
www.fool.ca - September 4 at 7:29 PM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : August 25, 2017
finance.yahoo.com - August 26 at 7:05 AM
americanbankingnews.com logoMagna International Inc. (MG) Announces Dividend Increase - $0.28 Per Share
www.americanbankingnews.com - August 25 at 10:25 AM
fool.ca logoCould President Trump Cancel NAFTA? - The Motley Fool Canada
www.fool.ca - August 24 at 9:11 AM
fool.ca logoIs Magna International Inc. About to Drive Off a Cliff?
www.fool.ca - August 22 at 3:57 PM
finance.yahoo.com logoResearch Initiated on Consumer Cyclical Stocks, Magna International, Linamar, Martinrea International, and Uni Select
finance.yahoo.com - August 21 at 8:08 AM
finance.yahoo.com logoMagna International, Inc. :MG-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 12:53 AM
finance.yahoo.com logoETFs with exposure to Magna International, Inc. : August 16, 2017
finance.yahoo.com - August 17 at 2:47 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Magna International Inc. (MG) Lifted by KeyCorp
www.americanbankingnews.com - August 16 at 6:30 AM
americanbankingnews.com logoCormark Research Analysts Increase Earnings Estimates for Magna International Inc. (MG)
www.americanbankingnews.com - August 16 at 6:30 AM
nasdaq.com logoCanadian Stocks May Struggle To Steady -- Canadian Commentary - Nasdaq
www.nasdaq.com - August 13 at 12:48 AM
fool.ca logoWhy Magna International Inc. Is Down 2%
www.fool.ca - August 12 at 5:12 AM
finance.yahoo.com logoEdited Transcript of MG.TO earnings conference call or presentation 11-Aug-17 12:00pm GMT
finance.yahoo.com - August 12 at 5:11 AM
finance.yahoo.com logoMagna beats Street 2Q forecasts
finance.yahoo.com - August 12 at 5:11 AM
feeds.benzinga.com logoEarnings Scheduled For August 11, 2017
feeds.benzinga.com - August 11 at 5:32 AM
finance.yahoo.com logoMagna International, Inc. :MG-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 2:55 AM
americanbankingnews.com logoMagna International Inc. (MG) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 4 at 7:08 PM
americanbankingnews.com logoMagna International Inc. (TSE:MG) Set to Announce Earnings on Friday
www.americanbankingnews.com - August 4 at 7:12 AM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : July 31, 2017
finance.yahoo.com - July 31 at 8:11 PM
nasdaq.com logoCANADA STOCKS-TSX falls as banks, consumer names weigh; Bombardier jumps - Nasdaq
www.nasdaq.com - July 28 at 4:08 PM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : July 19, 2017
finance.yahoo.com - July 20 at 1:06 AM
americanbankingnews.com logoFY2018 Earnings Estimate for Magna International Inc. Issued By Cormark (MG)
www.americanbankingnews.com - July 19 at 1:48 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Magna International Inc. Cut by Analyst (TSE:MG)
www.americanbankingnews.com - July 18 at 9:20 AM
nasdaq.com logoJaguar Land Rover to produce first car entirely outside of Britain - Nasdaq
www.nasdaq.com - July 14 at 6:26 AM
americanbankingnews.com logoMagna International Inc. (TSE:MG) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 10 at 7:06 PM
finance.yahoo.com logoMagna International, Inc. – Value Analysis (TORONTO:MG) : July 4, 2017
finance.yahoo.com - July 5 at 8:25 AM
finance.yahoo.com logoMagna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : July 3, 2017
finance.yahoo.com - July 3 at 8:12 PM
theglobeandmail.com logoThe ROB Top 1000: Two of the highest-ranking stocks to consider for your portfolio - The Globe and Mail
www.theglobeandmail.com - June 27 at 11:42 PM
fool.ca logoWhy Magna International Inc. Is Still a Good Buy
www.fool.ca - June 23 at 11:59 PM
reuters.com logoAuto supplier Magna to manufacture BMW 5-series plug-in hybrids - Reuters
www.reuters.com - June 19 at 11:35 AM
seekingalpha.com logoUni-Select - An Automotive Investment Option
seekingalpha.com - June 13 at 11:42 PM
nasdaq.com logoMagna International Inc. Q1 Earnings Rise 19% - Nasdaq
www.nasdaq.com - May 13 at 8:55 AM
nasdaq.com logoCANADA STOCKS-TSX falls as Moody's downgrades banks, Aimia plunges - Nasdaq
www.nasdaq.com - May 12 at 12:01 AM
rttnews.com logoMagna International Inc. Q1 Earnings Rise 19%
www.rttnews.com - May 11 at 7:00 PM

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Chart

Magna International (MG) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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