Magna International Company Profile (TSE:MG)

About Magna International (MG)

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: N/A
Key Metrics:
  • Previous Close: $57.04
  • 50 Day Moving Average: $57.91
  • 200 Day Moving Average: $56.44
  • 52-Week Range: C$382,269,000.00 - C$42.73
  • Trailing P/E Ratio: 11.05
  • P/E Growth: 0.70
  • Market Cap: $21.80B
  • Outstanding Shares: 382,269,000

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 3/25/2015 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
5/3/2017        
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: $5.63 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$1.76$1.95$1.86
Q2 20172$1.91$2.17$2.04
Q3 20172$1.69$1.99$1.84
Q4 20171$1.95$1.95$1.95
Q1 20181$2.12$2.12$2.12
Q2 20181$2.25$2.25$2.25
Q3 20181$1.99$1.99$1.99
Q4 20181$2.31$2.31$2.31
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter 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 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
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)
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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 Thursday, November 3rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Tuesday, November 22nd.

When will Magna International make its next earnings announcement?

Magna International is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

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

6 analysts have issued 12 month price objectives for Magna International's stock. Their forecasts 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 year.

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$57.04.

Magna International (MG) Chart for Saturday, March, 25, 2017

This page was last updated on 3/25/2017 by MarketBeat.com Staff