About Magna International (TSE:MG)
Magna International Inc. (Magna) is a global automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. The Company's product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 320 manufacturing operations and approximately 100 product development, engineering and sales centers in over 30 countries. It provides a range of body, chassis and engineering solutions to its original equipment manufacturer (OEM) customers. It has capabilities in powertrain design, development, testing and manufacturing. It offers bumper fascia systems, exterior trim and modular systems. It offers exterior and interior mirror systems. It offers sealing, trim, engineered glass and module systems. It offers softtops, retractable hardtops, modular tops and hardtops.
Industry, Sector and Symbol
Trailing P/E Ratio9.77034120734908
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity19.24%
Return on Assets8.72%
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 Wednesday, February 21st. Investors of record on Friday, March 9th will be paid a dividend of 0.406 per share on Friday, March 23rd. This represents a $1.62 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, March 8th. This is a positive change from Magna International's previous quarterly dividend of $0.35. View Magna International's Dividend History.
How were Magna International's earnings last quarter?
Magna International (TSE:MG) announced its earnings results on Thursday, February, 22nd. The company reported $1.99 EPS for the quarter, beating the Zacks' consensus estimate of $1.97 by $0.02. The business earned $13.20 billion during the quarter, compared to analyst estimates of $12.50 billion. Magna International had a net margin of 5.28% and a return on equity of 19.24%. View Magna International's Earnings History.
When will Magna International make its next earnings announcement?
Where is Magna International's stock going? Where will Magna International's stock price be in 2018?
2 Wall Street analysts have issued twelve-month target prices for Magna International's shares. Their forecasts range from C$61.00 to C$82.00. On average, they anticipate Magna International's share price to reach C$71.50 in the next year. View Analyst Ratings for Magna International.
Who are some of Magna International's key competitors?
Some companies that are related to Magna International include Canadian Imperial Bank of Commerce (CM), Brookfield Asset Management (BAM.A), BCE (BCE), TransCanada (TRP), Manulife Financial (MFC), Canadian Natural Resources (CNQ), Thomson Reuters (TRI), Alimentation Couche-Tard (ATD.A), Alimentation Couche-Tard (ATD.B), Restaurant Brands International (QSR), Great-West Lifeco (GWO), Canadian Pacific Railway (CP), Sun Life Financial (SLF), Rogers Communications (RCI.B), Rogers Communications (RCI.A), Imperial Oil (IMO), TELUS (T) and Loblaw Companies (L).
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
Has Magna International been receiving favorable news coverage?
News articles about MG stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Magna International earned a media sentiment score of 0.23 on Accern's scale. They also assigned press coverage about the company an impact score of 45.83 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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$74.45.
How big of a company is Magna International?
Magna International has a market capitalization of C$26.15 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)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.
Magna International (TSE:MG) Earnings History and Estimates Chart
Magna International (TSE MG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/10/2018|| || || || || || || || |
|2/22/2018||Q4 2017||C$1.97||C$1.99||C$12.50 billion||C$13.20 billion||View||N/A|
|11/9/2017||Q3 2017||C$1.67||C$1.71||C$11.43 billion||C$11.91 billion||View||N/A|
|8/11/2017||Q2 2017||C$1.90||C$1.99||C$12.26 billion||C$13.03 billion||View||N/A|
|5/11/2017||Q1 2017||C$1.76||C$2.03||C$11.42 billion||C$12.41 billion||View||N/A|
|2/24/2017||Q4 2016||C$1.80||C$1.66||C$12.18 billion||C$12.35 billion||View||N/A|
|11/3/2016||Q3 2016||C$1.64||C$1.68||C$11.44 billion||C$11.54 billion||View||N/A|
|8/5/2016||Q2 2016||C$1.69||C$1.82||C$11.94 billion||C$12.17 billion||View||N/A|
|5/5/2016||Q1 2016||C$1.63||C$1.68||C$12.22 billion||View||N/A|
|2/26/2016||Q4 2015||C$1.55||C$1.58||C$11.44 billion||View||N/A|
|11/5/2015||Q3 2015||C$1.38||C$1.48||C$10.05 billion||C$10.01 billion||View||N/A|
|8/7/2015||Q2 2015||C$1.55||C$1.59||C$10.96 billion||C$10.00 billion||View||N/A|
|5/7/2015||Q1 2015||C$1.37||C$1.35||C$10.19 billion||C$10.03 billion||View||N/A|
|2/25/2015||Q4 2014||C$1.45||C$1.59||C$11.30 billion||C$11.83 billion||View||N/A|
|11/5/2014||Q3 2014||C$1.07||C$1.27||C$9.80 billion||C$10.03 billion||View||N/A|
|3/3/2014||Q4 2013||C$0.79||C$1.29||C$10.15 billion||View||N/A|
|11/6/2013||Q3 2013||C$0.80||C$8.68 billion||View||N/A|
|8/9/2013||Q2 2013||C$0.93||C$9.31 billion||View||N/A|
|5/10/2013||Q1 2013||C$0.75||C$0.80||C$8.01 billion||C$8.44 billion||View||N/A|
Magna International (TSE:MG) Earnings Estimates
2018 EPS Consensus Estimate: $8.48
2019 EPS Consensus Estimate: $10.03
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Magna International (TSE:MG) Dividend Information
|Payout Ratio:||14.11% (Trailing 12 Months of Earnings) |
Magna International (TSE:MG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Magna International (TSE MG) Insider Trading and Institutional Ownership History
Magna International (TSE MG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/19/2018||Donald James Walker||Director||Sell||100,000||C$72.12||C$7,212,000.00|
|12/14/2017||Tommy Joseph Skudutis||Director||Sell||84,000||C$71.08||C$5,970,720.00|
|11/30/2017||Vincent Joseph Galifi||Insider||Sell||44,890||C$71.99||C$3,231,631.10|
|11/16/2017||Donald James Walker||Director||Sell||88,900||C$67.50||C$6,000,750.00|
|11/16/2017||Vincent Joseph Galifi||Insider||Sell||70,000||C$68.02||C$4,761,400.00|
|11/14/2017||Marc Joseph Neeb||Insider||Sell||43,332||C$67.20||C$2,911,910.40|
|11/13/2017||Donald James Walker||Director||Sell||200,000||C$67.37||C$13,474,000.00|
|6/1/2017||Seetarama Swamy Kotagiri||Insider||Sell||10,000||C$45.85||C$458,500.00|
|5/30/2017||Guenther Friedrich Apfalter||Insider||Sell||40,000||C$60.70||C$2,428,000.00|
|5/23/2017||Tommy Joseph Skudutis||Director||Sell||14,000||C$61.34||C$858,760.00|
|12/7/2016||Vincent Joseph Galifi||Insider||Sell||95,000||C$60.65||C$5,761,750.00|
|6/7/2016||Tommy Joseph Skudutis||Director||Sell||22,852||C$52.38||C$1,196,987.76|
|2/29/2016||Sr. James Joseph Tobin||Insider||Sell||18,760||C$38.74||C$726,762.40|
|2/4/2016||Jeffrey Owen Palmer||Insider||Sell||105,000||C$44.61||C$4,684,050.00|
|2/3/2016||Jeffrey Owen Palmer||Insider||Sell||370,000||C$44.80||C$16,574,520.00|
|2/1/2016||Jeffrey Owen Palmer||Insider||Sell||25,000||C$48.55||C$1,213,675.00|
|12/16/2015||Sr. James Joseph Tobin||Insider||Sell||14,381||C$41.57||C$597,818.17|
|12/16/2015||Tommy Joseph Skudutis||Director||Sell||36,794||C$57.45||C$2,113,815.30|
|11/30/2015||Donald James Walker||Director||Sell||50,000||C$60.12||C$3,006,000.00|
|8/17/2015||Donald James Walker||Director||Sell||35,000||C$69.09||C$2,418,080.00|
|12/22/2014||Sr. James Joseph Tobin||Insider||Sell||96,491||C$106.97||C$10,321,642.27|
|12/4/2014||Marc Joseph Neeb||Insider||Sell||23,334||C$126.32||C$2,947,550.88|
Magna International (TSE MG) News Headlines
|Insider Selling: Magna International (MG) Director Sells 100,000 Shares of Stock|
www.americanbankingnews.com - March 21 at 10:04 AM
|Why Self-Driving Stocks Are Breathing a Bit Easier Today - The Motley Fool Canada|
www.fool.ca - March 21 at 9:00 AM
|This Self-Driving Stock’s Potential Just Got a Huge Boost!|
www.fool.ca - March 18 at 6:18 PM
|Why Magna International Inc. Got a ~7% Lift - The Motley Fool Canada|
www.fool.ca - March 17 at 8:32 AM
|Lyft Self-Driving Cars Powered By Magna - Nasdaq|
www.nasdaq.com - March 16 at 8:24 AM
|BRIEF-Magna And Lyft Announce A Multi-Year Partnership To Develop And Manufacture Self-Driving Systems At Scale|
www.reuters.com - March 14 at 7:02 PM
|Lyft, Magna in Deal to Develop Hardware, Software for Self-Driving Cars|
www.wsj.com - March 14 at 7:02 PM
|Auto parts maker Magna invests $200 million in Lyft|
finance.yahoo.com - March 14 at 7:02 PM
|Magna International Is Showing The Money|
seekingalpha.com - March 13 at 7:13 PM
|Better Buy: Magna International Inc. vs. Linamar Corporation | The ... - The Motley Fool Canada|
www.fool.ca - March 10 at 8:27 AM
|Magna Launches New Composites Center of Excellence in Germany|
finance.yahoo.com - March 7 at 8:23 AM
|Research Analysts Issue Forecasts for Magna International Inc.'s Q2 2019 Earnings (MG)|
www.americanbankingnews.com - March 5 at 7:32 AM
|Magna International Inc. (MG) Announces Quarterly Dividend of $0.41|
www.americanbankingnews.com - March 3 at 1:02 PM
|Minco Gold And Other Top Stocks|
finance.yahoo.com - March 1 at 8:18 AM
|Today’s Research Reports on CCL Industries, Ensign Energy Services, Gibson Energy and Magna International|
finance.yahoo.com - February 27 at 8:24 AM
|Research Reports on Magna International Linamar Uni Select and New Flyer Industries|
finance.yahoo.com - February 26 at 8:21 AM
|Magna International Inc. to Post FY2017 Earnings of $7.53 Per Share, Cormark Forecasts (MG)|
www.americanbankingnews.com - February 23 at 9:16 AM
|Magna results beat estimates on European sales, launches - Reuters|
www.reuters.com - February 23 at 8:26 AM
|Magna results beat estimates on European sales, launches|
finance.yahoo.com - February 22 at 5:35 PM
|Magna International posts 16 percent rise in profit - Reuters|
www.reuters.com - February 22 at 8:26 AM
|Magna International results beat estimates on BMW, Jaguar launches - Reuters|
www.reuters.com - February 22 at 8:26 AM
|Magna misses 4Q profit forecasts|
finance.yahoo.com - February 22 at 8:26 AM
|Magna International posts 16 pct rise in profit|
finance.yahoo.com - February 22 at 8:26 AM
|Magna International results beat estimates on BMW, Jaguar launches|
finance.yahoo.com - February 22 at 8:26 AM
|Magna International Inc. (MG) Expected to Earn Q4 2017 Earnings of $2.05 Per Share|
www.americanbankingnews.com - February 22 at 6:48 AM
|Magna International (MG) Set to Announce Quarterly Earnings on Thursday|
www.americanbankingnews.com - February 15 at 2:56 AM
|Does Magna International Inc (TSE:MG) Have A Place In Your Dividend Portfolio?|
finance.yahoo.com - February 8 at 3:44 PM
|The Zacks Analyst Blog Highlights: Ford Motor, Toyota, Magna International and Goodyear Tire|
finance.yahoo.com - January 26 at 9:31 AM
|Could Magna International Inc. Be an Activist Target?|
www.fool.ca - January 24 at 3:54 PM
|Research Analysts Set Expectations for Magna International Inc.'s FY2020 Earnings (MG)|
www.americanbankingnews.com - January 19 at 11:22 PM
|Magna (MGA) to Manufacture New Mercedes G-Class at Graz Hub|
finance.yahoo.com - January 19 at 10:53 AM
|Magna International (MG) Given a C$61.00 Price Target at BMO Capital Markets|
www.americanbankingnews.com - January 18 at 2:28 PM
|Magna Supports New G-Class with World-Class Contract Manufacturing|
finance.yahoo.com - January 18 at 10:39 AM
|Cormark Analysts Decrease Earnings Estimates for Magna International Inc. (MG)|
www.americanbankingnews.com - January 18 at 6:08 AM
|Magna Announces Outlook|
finance.yahoo.com - January 16 at 9:48 AM
|Trump’s Nafta Ideas Are a ‘Lose-Lose-Lose’ for Carmakers, Magna Says|
finance.yahoo.com - January 10 at 5:04 PM
|2 Dividend Stocks to Watch After Record Vehicle Sales in 2017 - Baystreet.ca|
www.baystreet.ca - January 5 at 9:50 AM
|Magna Completes a Couple of Common Share Repurchase Programs|
finance.yahoo.com - January 2 at 9:41 AM
|Cervus Equipment And Other Great Cheap Stocks|
finance.yahoo.com - January 1 at 9:41 AM
|Magna Announces Completion of Second Share Repurchase Program|
finance.yahoo.com - December 30 at 9:34 AM
|Clairvest, Magna at 52-Week Highs on News - Baystreet.ca|
www.baystreet.ca - December 20 at 9:48 AM
|Magna Announces New Management Structure and Financial Reporting Segments - PR Newswire (press release)|
www.prnewswire.com - December 19 at 9:47 AM
|Magna Announces New Management Structure and Financial Reporting Segments|
finance.yahoo.com - December 19 at 9:47 AM
|Magna Collaborates with New Chinese Automaker NIO on Vehicle Launch|
finance.yahoo.com - December 18 at 10:03 AM
|Insider Selling: Magna International Inc. (MG) Director Sells 84,000 Shares of Stock|
www.americanbankingnews.com - December 15 at 11:24 AM
|Magna puts power to wheels with etelligentDrive™ Systems|
finance.yahoo.com - December 15 at 10:12 AM
|Tow Like a Pro with Magna's Trailer Angle Detection System|
finance.yahoo.com - December 14 at 9:52 AM
|Neptune, Katanga at 52-Week High - Baystreet.ca|
www.baystreet.ca - December 12 at 5:32 PM
|Magna anuncia finalización del primer programa de recompra de acciones|
www.prnewswire.com - December 7 at 4:40 AM
|Magna International Inc. (MG) Insider Vincent Joseph Galifi Sells 44,890 Shares|
www.americanbankingnews.com - December 4 at 11:42 AM
Magna International (TSE:MG) SEC Filings
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Magna International (TSE MG) Stock Chart for Thursday, March, 22, 2018