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.
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Industry, Sector and Symbol
Industry Auto Parts
Sub-IndustryN/A
SectorConsumer Cyclical
CIKN/A
Phone+1-905-7262462
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$40.47 billion
Profitability
Miscellaneous
Employees174,000
Next Earnings Date11/8/2019 (Confirmed)
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, August 8th. Investors of record on Friday, August 23rd will be paid a dividend of 0.482 per share on Friday, September 6th. This represents a $1.93 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Thursday, August 22nd. View Magna International's Dividend History.
How were Magna International's earnings last quarter?
Magna International Inc. (TSE:MG) released its quarterly earnings results on Thursday, August, 8th. The company reported $2.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.08 by $0.05. The firm earned $13.55 billion during the quarter, compared to analysts' expectations of $13.37 billion. View Magna International's Earnings History.
When is Magna International's next earnings date?
What price target have analysts set for MG?
3 brokers have issued 12-month target prices for Magna International's stock. Their forecasts range from C$63.00 to C$67.00. On average, they expect Magna International's stock price to reach C$65.00 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Magna International.
What is the consensus analysts' recommendation for Magna International?
3 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 1 buy rating 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 headlines about MG stock have been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Magna International earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Magna International.
Who are some of Magna International's key competitors?
Some companies that are related to Magna International include Continental (CON), Knorr - Bremse (KBX), HELLA GMBH & CO KGAA (HLE), ARB (ARB), TI Fluid Systems (TIFS), Martinrea International (MRE), AMA Group (AMA), PWR (PWH), Uni Select (UNS), Westport Fuel Systems (WPRT), Bertrandt (BDT), ElringKlinger (ZIL2), Leoni (LEO), Grammer (GMM) and Exco Technologies (XTC).
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), BCE (BCE), Dollarama (DOL), Inter Pipeline (IPL), National Bank of Canada (NA) and Bombardier, Inc. Class B (BBD.B).
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$71.08.
How big of a company is Magna International?
What is Magna International's official website?
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)
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.
