MG - Magna International Stock Price, News & Analysis

C$68.71 0.49 (0.72 %)
(As of 11/24/2017 04:00 PM ET)
Previous CloseC$68.22
Today's RangeC$69.06 - C$68.50
52-Week RangeC$52.63 - C$71.22
Volume421,807 shs
Average Volume915,627 shs
Market CapitalizationC$24.94 billion
P/E RatioN/A
Dividend Yield2.03%
Beta1.13

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

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:MG
  • Previous Symbol: TSE:MG.A
  • CUSIPN/A

    Debt

    Debt-to-Equity RatioN/A
    Current RatioN/A
    Quick RatioN/A

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual SalesN/A
    Price / SalesN/A
    Cash FlowN/A
    Price / CashN/A
    Book ValueN/A
    Price / BookN/A

    Dividend

    Annual DividendC$1.08
    Dividend Yield2.0%

    Profitability

    Trailing EPSC$7.16
    Net IncomeN/A
    Net Margins5.39%
    Return on Equity18.56%
    Return on Assets8.32%

    Miscellaneous

    EmployeesN/A
    Outstanding Shares369,898,000

    Frequently Asked Questions for Magna International (TSE:MG)

    What is Magna International's stock symbol?

    Magna International trades on the Toronto 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 Thursday, November 9th. Investors of record on Friday, November 24th will be given a dividend of 0.354 per share on Friday, December 8th. This represents a $1.42 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, November 22nd. This is an increase from Magna International's previous quarterly dividend of $0.28. 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 Friday, February, 23rd 2018. View Earnings Estimates for Magna International.

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

    4 brokers have issued 12 month target prices for Magna International's shares. Their forecasts range from C$47.00 to C$82.00. On average, they anticipate Magna International's share price to reach C$61.00 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 (Age 62)
    • Donald J. Walker, Chief Executive Officer, Director (Age 60)
    • Vincent J. Galifi, Chief Financial Officer, Executive Vice President (Age 57)
    • 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$68.71.

    How big of a company is Magna International?

    Magna International has a market capitalization of C$24.94 billion.

    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.


    MarketBeat Community Rating for Magna International (MG)

    Community Ranking:  3.1 out of 5 (star star star)
    Outperform Votes:  219 (Vote Outperform)
    Underperform Votes:  138 (Vote Underperform)
    Total Votes:  357
    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

    Analysts' Consensus Rating for Magna International (TSE:MG)

      (How are Consensus Ratings Calculated?)
    Today30 Days Ago90 Days Ago180 Days Ago
    Consensus Rating: BuyBuyBuyBuy
    Consensus Rating Score: 2.502.502.502.50
    Ratings Breakdown: 0 Sell Ratings
    3 Hold Ratings
    3 Buy Ratings
    0 Strong Buy Ratings
    0 Sell Ratings
    3 Hold Ratings
    3 Buy Ratings
    0 Strong Buy Ratings
    0 Sell Ratings
    3 Hold Ratings
    3 Buy Ratings
    0 Strong Buy Ratings
    0 Sell Ratings
    3 Hold Ratings
    3 Buy Ratings
    0 Strong Buy Ratings
    Consensus Price Target: C$58.20C$58.20C$58.20C$58.20
    Price Target Upside:

    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
    5/12/2017Royal Bank Of CanadaBoost Price TargetOutperformC$82.00View Rating Details
    2/27/2017TD SecuritiesReiterated RatingHoldC$50.00View Rating Details
    2/27/2017ScotiabankSet Price TargetOutperformC$65.00View Rating Details
    9/28/2016MacquarieReiterated RatingOutperformView Rating Details
    8/8/2016CIBCBoost Price TargetSector PerformC$45.00 -> C$47.00View Rating Details
    (Data available from 11/24/2015 forward)

    Earnings

    Earnings History and Estimates Chart 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
    2/23/2018        
    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: $7.59
    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$1.60$1.99$1.78
    Q4 20172$1.86$2.05$1.96
    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

    Current Dividend Information for Magna International (TSE:MG)

    Next Dividend:12/8/2017
    Annual Dividend:$1.08
    Dividend Yield:1.56%
    Payout Ratio:15.01% (Trailing 12 Months of Earnings)
    Dividend Payments by Quarter for Magna International (TSE:MG)

    Dividend History by Quarter for Magna International (TSE MG)

    AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
    11/9/2017Quarterly$0.351.64%11/22/201711/24/201712/8/2017
    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
    11/16/2017Donald James WalkerDirectorSell88,900C$67.50C$6,000,750.00
    11/16/2017Vincent Joseph GalifiInsiderSell70,000C$68.02C$4,761,400.00
    11/14/2017Marc Joseph NeebInsiderSell43,332C$67.20C$2,911,910.40
    11/13/2017Donald James WalkerDirectorSell200,000C$67.37C$13,474,000.00
    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

    Latest Headlines for Magna International (TSE MG)

    Source:
    DateHeadline
    Magna kündigt spezifische Aktienrückkaufprogramme im Rahmen des Emittentenangebots zum Normalkurs anMagna kündigt spezifische Aktienrückkaufprogramme im Rahmen des Emittentenangebots zum Normalkurs an
    www.prnewswire.com - November 22 at 6:50 PM
    Magna annonce des programmes spécifiques de rachat dactions dans le cadre de son offre publique de rachat dactionsMagna annonce des programmes spécifiques de rachat d'actions dans le cadre de son offre publique de rachat d'actions
    www.prnewswire.com - November 22 at 6:50 PM
    Magna Announces Specific Share Repurchase Programs as Part of Normal Course Issuer BidMagna Announces Specific Share Repurchase Programs as Part of Normal Course Issuer Bid
    finance.yahoo.com - November 22 at 5:04 AM
    Magna International Inc. (MG) Director Donald James Walker Sells 88,900 SharesMagna International Inc. (MG) Director Donald James Walker Sells 88,900 Shares
    www.americanbankingnews.com - November 17 at 7:46 PM
    Magna International Inc. (MG) Insider Vincent Joseph Galifi Sells 70,000 SharesMagna International Inc. (MG) Insider Vincent Joseph Galifi Sells 70,000 Shares
    www.americanbankingnews.com - November 17 at 1:49 PM
    Magna International Inc. (MG) Insider Marc Joseph Neeb Sells 43,332 SharesMagna International Inc. (MG) Insider Marc Joseph Neeb Sells 43,332 Shares
    www.americanbankingnews.com - November 15 at 10:20 AM
    Magna International Inc. (MG) Director Sells C$13,474,000.00 in StockMagna International Inc. (MG) Director Sells C$13,474,000.00 in Stock
    www.americanbankingnews.com - November 14 at 10:30 AM
    TSX Accepts Notice of Intention to Make Normal Course Issuer BidTSX Accepts Notice of Intention to Make Normal Course Issuer Bid
    finance.yahoo.com - November 13 at 4:03 PM
    Edited Transcript of MG.TO earnings conference call or presentation 9-Nov-17 1:00pm GMTEdited Transcript of MG.TO earnings conference call or presentation 9-Nov-17 1:00pm GMT
    finance.yahoo.com - November 12 at 6:35 AM
    Magna International Inc. (MG) Announces Dividend Increase - $0.35 Per ShareMagna International Inc. (MG) Announces Dividend Increase - $0.35 Per Share
    www.americanbankingnews.com - November 10 at 9:57 AM
    Baystreet.ca - JOLTS, Housing Stats on Tap for Next Week - Baystreet.caBaystreet.ca - JOLTS, Housing Stats on Tap for Next Week - Baystreet.ca
    www.baystreet.ca - November 5 at 6:13 AM
    Magna International Inc. (MG) to Release Earnings on ThursdayMagna International Inc. (MG) to Release Earnings on Thursday
    www.americanbankingnews.com - November 2 at 2:44 AM
    Q3 2017 Earnings Estimate for Magna International Inc. Issued By Cormark (MG)Q3 2017 Earnings Estimate for Magna International Inc. Issued By Cormark (MG)
    www.americanbankingnews.com - October 26 at 7:38 AM
    Cormark Comments on Magna International Inc.s Q4 2017 Earnings (MG)Cormark Comments on Magna International Inc.'s Q4 2017 Earnings (MG)
    www.americanbankingnews.com - October 25 at 11:01 AM
    This Dividend Stock Has a Bright Future - Baystreet.ca (blog)This Dividend Stock Has a Bright Future - Baystreet.ca (blog)
    www.baystreet.ca - October 18 at 6:57 AM
    2 Stocks That Could Take Off as the Self-Driving Revolution Continues - The Motley Fool Canada2 Stocks That Could Take Off as the Self-Driving Revolution Continues - The Motley Fool Canada
    www.fool.ca - October 16 at 8:14 PM
    Slovenia plans to make investment easier - ministerSlovenia plans to make investment easier - minister
    finance.yahoo.com - October 14 at 3:04 AM
    Zacks.com featured highlights include Vishay Intertechnology, ON Semiconductor, Magna International and AerCap HoldingsZacks.com featured highlights include Vishay Intertechnology, ON Semiconductor, Magna International and AerCap Holdings
    finance.yahoo.com - October 9 at 4:07 PM
    Should Value Investors Pick Magna International (MGA) Stock?Should Value Investors Pick Magna International (MGA) Stock?
    finance.yahoo.com - October 9 at 4:06 PM
    Canadian car parts maker Magna wins Slovenia construction permitCanadian car parts maker Magna wins Slovenia construction permit
    finance.yahoo.com - October 6 at 10:24 AM
    Car parts maker Magna to create 1,000 jobs in Slovenia -ministerCar parts maker Magna to create 1,000 jobs in Slovenia -minister
    finance.yahoo.com - October 6 at 10:24 AM
    The TSXs 2 Best Buyback Stocks Heading into 2018 - The Motley Fool CanadaThe TSX's 2 Best Buyback Stocks Heading into 2018 - The Motley Fool Canada
    www.fool.ca - October 4 at 7:45 AM
    How Does Magna International Inc (TSX:MG) Affect Your Portfolio Returns?How Does Magna International Inc (TSX:MG) Affect Your Portfolio Returns?
    finance.yahoo.com - October 2 at 11:53 AM
    Magna, STEP at 52-Week Highs - Baystreet.caMagna, STEP at 52-Week Highs - Baystreet.ca
    www.baystreet.ca - September 27 at 3:42 PM
    Baystreet.ca - Ballard Hits 52-Week High on Army Contract - Baystreet.caBaystreet.ca - Ballard Hits 52-Week High on Army Contract - Baystreet.ca
    www.baystreet.ca - September 27 at 9:41 AM
    Which of These 4 Top-Performing Stocks Will Continue to Climb? - The Motley Fool CanadaWhich of These 4 Top-Performing Stocks Will Continue to Climb? - The Motley Fool Canada
    www.fool.ca - September 25 at 7:23 PM
    Uni Select Inc. Is Trading Near its 52-Week Low: Time to Buy? | The ... - The Motley Fool CanadaUni 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
    3 Canadian Stocks That Could Win or Lose After Chinas Ban on ... - The Motley Fool Canada3 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 - Air Canada Heads List of Stocks at 52-Week Highs - Baystreet.caBaystreet.ca - Air Canada Heads List of Stocks at 52-Week Highs - Baystreet.ca
    www.baystreet.ca - September 22 at 5:21 AM
    Top Ranked Value Stocks to Buy for September 14thTop Ranked Value Stocks to Buy for September 14th
    finance.yahoo.com - September 14 at 3:59 PM
    Magna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : September 13, 2017Magna 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
    Should Investors Prepare for an End to NAFTA? - The Motley Fool CanadaShould Investors Prepare for an End to NAFTA? - The Motley Fool Canada
    www.fool.ca - September 4 at 7:29 PM
    Magna International, Inc. breached its 50 day moving average in a Bullish Manner : MG-CA : August 25, 2017Magna 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
    Magna International Inc. (MG) Announces Dividend Increase - $0.28 Per ShareMagna International Inc. (MG) Announces Dividend Increase - $0.28 Per Share
    www.americanbankingnews.com - August 25 at 10:25 AM
    Could President Trump Cancel NAFTA? - The Motley Fool CanadaCould President Trump Cancel NAFTA? - The Motley Fool Canada
    www.fool.ca - August 24 at 9:11 AM
    Is Magna International Inc. About to Drive Off a Cliff?Is Magna International Inc. About to Drive Off a Cliff?
    www.fool.ca - August 22 at 3:57 PM
    Research Initiated on Consumer Cyclical Stocks, Magna International, Linamar, Martinrea International, and Uni SelectResearch Initiated on Consumer Cyclical Stocks, Magna International, Linamar, Martinrea International, and Uni Select
    finance.yahoo.com - August 21 at 8:08 AM
    Magna International, Inc. :MG-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017Magna International, Inc. :MG-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
    finance.yahoo.com - August 19 at 12:53 AM
    ETFs with exposure to Magna International, Inc. : August 16, 2017ETFs with exposure to Magna International, Inc. : August 16, 2017
    finance.yahoo.com - August 17 at 2:47 AM
    Q3 2017 EPS Estimates for Magna International Inc. (MG) Lifted by KeyCorpQ3 2017 EPS Estimates for Magna International Inc. (MG) Lifted by KeyCorp
    www.americanbankingnews.com - August 16 at 6:30 AM
    Cormark Research Analysts Increase Earnings Estimates for Magna International Inc. (MG)Cormark Research Analysts Increase Earnings Estimates for Magna International Inc. (MG)
    www.americanbankingnews.com - August 16 at 6:30 AM
    Canadian Stocks May Struggle To Steady -- Canadian Commentary - NasdaqCanadian Stocks May Struggle To Steady -- Canadian Commentary - Nasdaq
    www.nasdaq.com - August 13 at 12:48 AM
    Why Magna International Inc. Is Down 2%Why Magna International Inc. Is Down 2%
    www.fool.ca - August 12 at 5:12 AM
    Edited Transcript of MG.TO earnings conference call or presentation 11-Aug-17 12:00pm GMTEdited Transcript of MG.TO earnings conference call or presentation 11-Aug-17 12:00pm GMT
    finance.yahoo.com - August 12 at 5:11 AM
    Magna beats Street 2Q forecastsMagna beats Street 2Q forecasts
    finance.yahoo.com - August 12 at 5:11 AM
    Earnings Scheduled For August 11, 2017Earnings Scheduled For August 11, 2017
    feeds.benzinga.com - August 11 at 5:32 AM
    Magna International, Inc. :MG-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017Magna International, Inc. :MG-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
    finance.yahoo.com - August 5 at 2:55 AM
    Magna International Inc. (MG) Given Average Recommendation of "Buy" by BrokeragesMagna International Inc. (MG) Given Average Recommendation of "Buy" by Brokerages
    www.americanbankingnews.com - August 4 at 7:08 PM
    Magna International Inc. (TSE:MG) Set to Announce Earnings on FridayMagna International Inc. (TSE:MG) Set to Announce Earnings on Friday
    www.americanbankingnews.com - August 4 at 7:12 AM
    Magna International, Inc. breached its 50 day moving average in a Bearish Manner : MG-CA : July 31, 2017Magna 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

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    Magna International (TSE MG) Chart for Friday, November, 24, 2017
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    This page was last updated on 11/24/2017 by MarketBeat.com Staff

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