TSE:MG

Magna International Stock Forecast, Price & News

C$119.52
+2.61 (+2.23 %)
(As of 05/7/2021 12:00 AM ET)
Add
Compare
Today's Range
C$115.63
C$119.99
50-Day Range
C$108.46
C$122.73
52-Week Range
C$49.25
C$123.50
Volume653,064 shs
Average Volume785,537 shs
Market CapitalizationC$36.02 billion
P/E Ratio38.65
Dividend Yield1.77%
BetaN/A
30 days | 90 days | 365 days | Advanced Chart
Receive MG 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.

Industry, Sector and Symbol

Industry Auto Parts
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-905-7262462
Employees158,000
Year FoundedN/A

Sales & Book Value

Annual SalesC$32.65 billion
Cash FlowC$10.83 per share
Book ValueC$37.83 per share

Profitability

Debt

Price-To-Earnings

Miscellaneous

Market CapC$36.02 billion
Next Earnings Date8/6/2021 (Estimated)
OptionableOptionable

Headlines

See More Headlines
Magna International logo

About Magna International

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, 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; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

MarketRank

Overall MarketRank

1.12 out of 5 stars

Analyst Opinion: 1.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Magna International (TSE:MG) Frequently Asked Questions

Is Magna International a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Magna International stock.
View analyst ratings for Magna International
or view top-rated stocks.

What stocks does MarketBeat like better than Magna International?

Wall Street analysts have given Magna International a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Magna International wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Magna International's next earnings date?

Magna International is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Magna International
.

How were Magna International's earnings last quarter?

Magna International Inc. (TSE:MG) announced its quarterly earnings data on Friday, February, 19th. The company reported $3.69 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.53 by $1.16. The business earned $13.77 billion during the quarter, compared to analyst estimates of $12.79 billion.
View Magna International's earnings history
.

How has Magna International's stock price been impacted by Coronavirus (COVID-19)?

Magna International's stock was trading at C$55.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MG shares have increased by 113.8% and is now trading at C$119.52.
View which stocks have been most impacted by COVID-19
.

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

Magna International announced a quarterly dividend on Thursday, May 6th. Stockholders of record on Friday, May 21st will be given a dividend of 0.528 per share on Friday, June 4th. This represents a $2.11 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, May 20th.
View Magna International's dividend history
.

Is Magna International a good dividend stock?

Magna International pays an annual dividend of C$2.11 per share and currently has a dividend yield of 1.77%. The dividend payout ratio of Magna International is 68.24%. This payout ratio is at a healthy, sustainable level, below 75%.
View Magna International's dividend history.

What price target have analysts set for MG?

2 analysts have issued 1-year price targets for Magna International's shares. Their forecasts range from C$85.00 to C$137.50. On average, they expect Magna International's stock price to reach C$111.83 in the next twelve months. This suggests that the stock has a possible downside of 6.4%.
View analysts' price targets for Magna International
or view top-rated stocks among Wall Street analysts.

Who are Magna International's key executives?

Magna International's management team includes the following people:
  • Mr. Seetarama Swamy Kotagiri, CEO, Pres & Director
  • Mr. Vincent Joseph Galifi B.Com., C.A., Exec. VP & CFO (Age 61, Pay $2.12M)
  • Mr. Tommy J. Skudutis, Exec. VP & COO
  • Mr. Guenther F. Apfalter, Pres of Magna Europe & Asia (Age 58, Pay $1.54M)
  • Mr. Boris Shulkin, Exec. VP of Technology & Investments
  • Mr. Louis Tonelli, VP of Investor Relations
  • Mr. Bruce R. Cluney, Exec. VP & Chief Legal Officer (Age 56)
  • Joanne N. Horibe, Chief Compliance Officer
  • Ms. Tracy Fuerst, VP of Corp. Communications & PR
  • Mr. Eric Jon Wilds, Exec. VP and Chief Sales & Marketing Officer

Who are some of Magna International's key competitors?

What other stocks do shareholders of Magna International own?

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$119.52.

How much money does Magna International make?

Magna International has a market capitalization of C$36.02 billion and generates C$32.65 billion in revenue each year.

How many employees does Magna International have?

Magna International employs 158,000 workers across the globe.

What is Magna International's official website?

The official website for Magna International is www.magna.com.

Where are Magna International's headquarters?

Magna International is headquartered at 337 Magna Dr, AURORA, ON L4G 7K1, Canada.

How can I contact Magna International?

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


This page was last updated on 5/9/2021 by MarketBeat.com Staff
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.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

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

© 2021 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. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.