TSE:MG - Magna International Stock Price, News, & Analysis

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C$75.66 +0.67 (+0.89 %)
(As of 04/24/2019 06:00 AM ET)
Previous CloseC$74.99
Today's RangeC$74.67 - C$75.75
52-Week RangeC$58.74 - C$87.13
Volume1.31 million shs
Average Volume875,991 shs
Market CapitalizationC$24.44 billion
P/E Ratio11.45
Dividend Yield2.60%
BetaN/A
Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia Pacific, and internationally. The Body Exteriors & Structures segment provides body structures; chassis structures, such as frame and structural assemblies, chassis subframes, and suspension systems; exterior systems and modules, including hoods, roofs, door panels, front end modules, liftgate modules, polycarbonate roof panels, liftgate sensor integration systems, and fascia; trim and automotive jewelry comprises engineered glass, trim and roof racks, and running boards; non-visible and visible active grille shutters, active air deflectors, and underbody panels; and fuel systems, pipes and components, and alternative energy storage systems. Its Power & Vision segment offers manual, hybrid, and dual-clutch transmissions systems; mild hybrid solutions; high voltage edrives and electrified components; chassis, glow plug control, powertrain control, and mechatronic control modules; four-wheel drive, all-wheel drive, and disconnect systems; thermal management and lubrication systems; transmission clutch/carrier components, precision stampings and shafts, and automated driving systems; latching systems, door modules, power closures, hinges and wireforming, and handles; interior and exterior mirrors, and actuators; and front and rear lighting, tail lamps, and other lighting products. The Seating Systems segment provides recliners, manual and power adjusters, and seat structures. Its Complete Vehicles segment offers modular solutions for system and parts, as well as complete vehicle manufacturing services. The company serves original equipment manufacturer and non-automotive customers, as well as tier 1 companies, and medium and heavy truck manufacturers. Magna International Inc. was founded in 1957 and is based in Aurora, Canada.

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Industry, Sector and Symbol

Industry Auto Parts
Sub-IndustryN/A
SectorConsumer Cyclical
CUSIPN/A
CIKN/A
Phone+1-905-7262462

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$40.83 billion
Cash FlowC$2.17 per share
Book ValueC$32.69 per share

Profitability

Miscellaneous

Employees174,000
Market CapC$24.44 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

Magna International (TSE:MG) Frequently Asked Questions

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, February 21st. Stockholders of record on Friday, March 8th will be given a dividend of 0.479 per share on Friday, March 22nd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date is Thursday, March 7th. This is an increase from Magna International's previous quarterly dividend of $0.33. View Magna International's Dividend History.

How were Magna International's earnings last quarter?

Magna International Inc. (TSE:MG) issued its quarterly earnings data on Friday, February, 22nd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.13 by $0.02. The company had revenue of $13.40 billion for the quarter, compared to the consensus estimate of $13.45 billion. View Magna International's Earnings History.

When is Magna International's next earnings date?

Magna International is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Magna International.

What price target have analysts set for MG?

4 brokers have issued 12 month target prices for Magna International's stock. Their forecasts range from C$63.00 to C$73.00. On average, they anticipate Magna International's stock price to reach C$67.50 in the next year. This suggests that the stock has a possible downside of 10.8%. View Analyst Price Targets for Magna International.

What is the consensus analysts' recommendation for Magna International?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magna International in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Magna International.

Has Magna International been receiving favorable news coverage?

News articles about MG stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Magna International earned a news sentiment score of 1.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Who are some of Magna International's key competitors?

What other stocks do shareholders of Magna International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magna International investors own include Magna International (MGA), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Linamar (LNR), National Bank of Canada (NA), BCE (BCE), Bombardier, Inc. Class B (BBD.B), Dollarama (DOL) and Canopy Growth (WEED).

Who are Magna International's key executives?

Magna International's management team includes the folowing people:
  • Mr. Donald James Walker P.Eng., CEO & Director (Age 62)
  • Mr. Vincent Joseph Galifi B.Com., C.A., Exec. VP & CFO (Age 59)
  • Mr. Tommy J. Skudutis, Exec. VP & COO
  • Mr. Seetarama Swamy Kotagiri, Exec. VP, CTO and Pres of Magna Power & Vision
  • Mr. James J. Tobin Sr., Chief Marketing Officer & Pres of Magna Asia

How do I buy shares of Magna International?

Shares of MG 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 MG stock can currently be purchased for approximately C$75.66.

How big of a company is Magna International?

Magna International has a market capitalization of C$24.44 billion and generates C$40.83 billion in revenue each year. Magna International employs 174,000 workers across the globe.

What is Magna International's official website?

The official website for Magna International is http://www.magna.com/.

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 (TSE MG)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  380 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  666
MarketBeat's community ratings are surveys of what our community members think about Magna International and other stocks. Vote "Outperform" if you believe MG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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