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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
TSE:MRE

Martinrea International (MRE) Stock Forecast, Price & News

C$12.51
+0.13 (+1.05%)
(As of 09/29/2023 ET)
Compare
Today's Range
C$12.46
C$12.67
50-Day Range
C$12.20
C$15.12
52-Week Range
C$8.00
C$15.37
Volume
127,445 shs
Average Volume
209,351 shs
Market Capitalization
C$995.67 million
P/E Ratio
5.58
Dividend Yield
1.60%
Price Target
C$18.57

Martinrea International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.5% Upside
C$18.57 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars


MRE stock logo

About Martinrea International (TSE:MRE) Stock

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules. It also provides evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes; fuel filler necks, capless refueling systems, fuel tank/sender assemblies, vapor assemblies and canister hoses, fuel line feed/return assembly systems, and fuel lines and hoses; and air-conditioning lines, and heater core inlet and outlet assemblies. In addition, it offers frame rail assemblies, surface stampings, structural BIW components, suspension arms and links, engine cradles, centre and rear crossmembers, suspension twist axles, roof assemblies, door intrusion beams, bumpers, radiator support assemblies, trailer hitches, dash and plenum assemblies, wheelhouse assemblies, roll-formed rockers and headers, appliqués, battery trays and housings, aluminum and steel shock towers, control arms, and knuckles, as well as belt, upper reveal, roof ditch, D-line, and other exterior decorative moldings. Further, it provides brake lines and assemblies, power steering lines and assemblies, power steering oil fillers, and tubes and indicators; and graphene brake lines products. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. The company was incorporated in 1987 and is headquartered in Vaughan, Canada.

MRE Price History

MRE Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
BMO Capital Keeps Their Buy Rating on Martinrea International (MRETF)
3 Top TSX Stocks to Buy in August 2023
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Insiders buy as Martinrea International stock tumbles
Stocks in play: Martinrea International Inc
See More Headlines
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MRE Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2023
Dividend Payable
7/15/2023
Last Earnings
8/09/2023
Ex-Dividend for 10/15 Dividend
9/28/2023
Today
9/30/2023
Dividend Payable
10/15/2023
Next Earnings (Estimated)
11/07/2023

Industry, Sector and Symbol

Industry
Auto Parts
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
19,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$18.57
High Stock Price Forecast
C$21.00
Low Stock Price Forecast
C$16.00
Forecasted Upside/Downside
+48.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$180.23 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.15 billion
Cash Flow
C$2.04 per share
Book Value
C$17.95 per share

Miscellaneous

Free Float
N/A
Market Cap
C$995.67 million
Optionable
Not Optionable
Beta
2.21
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Key Executives

  • Mr. Robert P. Wildeboer (Age 63)
    Exec. Chairman
    Comp: $1.89M
  • Mr. Frank Patrick D'Eramo (Age 60)
    Pres, CEO & Director
    Comp: $2.09M
  • Mr. Fred Di Tosto
    Chief Financial Officer
  • Mr. Armando Pagliari
    Exec. VP of HR
  • Mr. Larry Paine
    Exec. Vice-Pres of Metallics Bus. Unit
  • Mr. Ganesh Koduvayur-Venkatasubramanian-K. Iyer
    Chief Technology Officer
  • Mr. Neil Forster MBA
    Director of Investor Relations & Corp. Devel.
  • Kerri Pope
    Gen. Counsel & Corp. Sec.
  • Ms. Deanna S. Lorincz
    Global Director of Communications & Marketing
  • Mr. Bruce Johnson
    Exec. VP of Martinrea Innovation Devel.s Inc.













MRE Stock - Frequently Asked Questions

Should I buy or sell Martinrea International stock right now?

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

What is Martinrea International's stock price forecast for 2023?

4 brokerages have issued twelve-month price objectives for Martinrea International's stock. Their MRE share price forecasts range from C$16.00 to C$21.00. On average, they predict the company's stock price to reach C$18.57 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price.
View analysts price targets for MRE
or view top-rated stocks among Wall Street analysts.

How have MRE shares performed in 2023?

Martinrea International's stock was trading at C$11.26 at the start of the year. Since then, MRE stock has increased by 11.1% and is now trading at C$12.51.
View the best growth stocks for 2023 here
.

When is Martinrea International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our MRE earnings forecast
.

How were Martinrea International's earnings last quarter?

Martinrea International Inc. (TSE:MRE) posted its quarterly earnings data on Wednesday, August, 9th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.04. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.25 billion. Martinrea International had a trailing twelve-month return on equity of 13.63% and a net margin of 3.50%.

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

Martinrea International announced a quarterly dividend on Thursday, September 28th. Stockholders of record on Sunday, October 15th will be paid a dividend of 0.05 per share on Sunday, October 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for MRE
.

Is Martinrea International a good dividend stock?

Martinrea International (TSE:MRE) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.64%. The dividend payout ratio is 8.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRE.

What other stocks do shareholders of Martinrea International own?
What is Martinrea International's stock symbol?

Martinrea International trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRE."

How do I buy shares of Martinrea International?

Shares of MRE stock 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 Martinrea International's stock price today?

One share of MRE stock can currently be purchased for approximately C$12.51.

How much money does Martinrea International make?

Martinrea International (TSE:MRE) has a market capitalization of C$995.67 million and generates C$5.15 billion in revenue each year. The company earns C$180.23 million in net income (profit) each year or C$2.24 on an earnings per share basis.

How many employees does Martinrea International have?

The company employs 19,000 workers across the globe.

How can I contact Martinrea International?

Martinrea International's mailing address is 3210 Langstaff Rd, CONCORD, ON L4K 5B2, Canada. The official website for the company is www.martinrea.com. The company can be reached via phone at +1-416-7490314.

This page (TSE:MRE) was last updated on 9/30/2023 by MarketBeat.com Staff

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