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TSE:MRE

Martinrea International (MRE) Stock Forecast, Price & News

C$12.64
-0.09 (-0.71%)
(As of 06/9/2023 ET)
Compare
Today's Range
C$12.40
▼
C$12.82
50-Day Range
C$11.22
▼
C$14.65
52-Week Range
C$7.63
▼
C$15.37
Volume
169,720 shs
Average Volume
223,434 shs
Market Capitalization
C$1.02 billion
P/E Ratio
6.42
Dividend Yield
1.58%
Price Target
C$18.57
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media

Martinrea International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.9% 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
Acquiring Shares
C$250,741 Bought Last Quarter
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.

2.95 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.

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MRE Stock News Headlines

June 8, 2023 | finance.yahoo.com
Does Martinrea International (TSE:MRE) Deserve A Spot On Your Watchlist?
May 26, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc up on Friday (MRE)
June 9, 2023 | Vantage Point (Ad)
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May 19, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc up on Thursday (MRE)
May 12, 2023 | finance.yahoo.com
Martinrea International (TSE:MRE) Has Announced A Dividend Of CA$0.05
May 11, 2023 | theglobeandmail.com
Insiders buy as Martinrea International stock tumbles
May 7, 2023 | americanbankingnews.com
Martinrea International (TSE:MRE) Trading Down 5.1% After Analyst Downgrade
May 6, 2023 | finance.yahoo.com
Martinrea International First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
June 9, 2023 | Behind the Markets (Ad)
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May 6, 2023 | americanbankingnews.com
Martinrea International (TSE:MRE) Price Target Lowered to C$20.00 at Cormark
May 6, 2023 | americanbankingnews.com
Martinrea International (TSE:MRE) Given New C$17.00 Price Target at BMO Capital Markets
May 5, 2023 | msn.com
Martinrea International Non-GAAP EPS of $0.54 misses by $0.05, revenue of $1.3B beats by $60M
April 27, 2023 | finance.yahoo.com
Martinrea International Inc. to Announce First Quarter Results on May 4, 2023
April 19, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc down on Wednesday (MRE)
April 19, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc down on Tuesday (MRE)
April 15, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc down on Friday (MRE)
April 13, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc up on Wednesday (MRE)
April 12, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc up on Tuesday (MRE)
April 11, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc up on Monday (MRE)
April 7, 2023 | theglobeandmail.com
Closing Bell: Martinrea International Inc down on Thursday (MRE)
March 27, 2023 | ca.finance.yahoo.com
Stocks in play: Martinrea International Inc
March 27, 2023 | finance.yahoo.com
Is There An Opportunity With Martinrea International Inc.'s (TSE:MRE) 28% Undervaluation?
March 27, 2023 | finance.yahoo.com
NanoXplore Announces Purchase of Martinrea International’s Stake in VoltaXplore and Confirms Extension of Their Graphene Commercial Agreement
March 26, 2023 | americanbankingnews.com
Alfredo Alonso Acquires 10,000 Shares of Martinrea International Inc. (TSE:MRE) Stock
March 23, 2023 | americanbankingnews.com
Insider Buying: Martinrea International Inc. (TSE:MRE) Director Buys 15,000 Shares of Stock
March 23, 2023 | americanbankingnews.com
Insider Buying: Martinrea International Inc. (TSE:MRE) Director Acquires 15,000 Shares of Stock
March 9, 2023 | theglobeandmail.com
Thursday’s TSX breakouts: This top-performing small-cap stock drives higher, rising 34% in 2023
See More Headlines

MRE Price History

MRE Company Calendar

Ex-Dividend for 4/15 Dividend
3/30/2023
Dividend Payable
4/15/2023
Today
6/09/2023
Ex-Dividend for 7/15 Dividend
6/29/2023
Dividend Payable
7/15/2023
Next Earnings (Estimated)
8/14/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Auto Parts
Sub-Industry
N/A
Sector
Consumer Goods
Current Symbol
TSE:MRE
CUSIP
N/A
CIK
N/A
Web
www.martinrea.com
Phone
+1-416-7490314
Fax
N/A
Employees
16,000
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
+49.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.97
Trailing P/E Ratio
6.32
Forward P/E Ratio
6.08
P/E Growth
0.82
Net Income
C$155.80 million
Net Margins
3.18%
Pretax Margin
N/A
Return on Equity
12.00%
Return on Assets
4.05%

Debt

Debt-to-Equity Ratio
96.86
Current Ratio
1.20
Quick Ratio
0.68

Sales & Book Value

Annual Sales
C$4.91 billion
Price / Sales
0.20
Cash Flow
C$2.03 per share
Price / Cash Flow
6.15
Book Value
C$17.72 per share
Price / Book
0.70

Miscellaneous

Outstanding Shares
80,390,000
Free Float
N/A
Market Cap
C$1.00 billion
Optionable
Not Optionable
Beta
2.11

Key Executives

  • Mr. Robert P. Wildeboer (Age 63)
    Exec. Chairman
    Comp: $1.61M
  • Mr. Frank Patrick D'Eramo (Age 60)
    Pres, CEO & Director
    Comp: $1.78M
  • Mr. Fred Di Tosto
    Chief Financial Officer
  • Mr. Armando Pagliari
    Exec. VP of HR
  • Mr. Robert Fairchild
    Exec. VP of Bus. Devel. & Automotive Strategy
  • 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.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













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 equities research analysts have issued 1 year price objectives for Martinrea International's shares. Their MRE share price forecasts range from C$16.00 to C$21.00. On average, they expect the company's stock price to reach C$18.57 in the next year. This suggests a possible upside of 49.2% 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 shares have increased by 10.6% and is now trading at C$12.45.
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 Monday, August 14th 2023.
View our MRE earnings forecast.

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

Martinrea International declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Friday, June 30th will be given a dividend of 0.05 per share on Saturday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, June 29th.
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 1.71%. The dividend payout ratio is 10.15%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Martinrea International investors own include Enbridge (ENB), Extendicare (EXE), Linamar (LNR), Magna International (MG), Bombardier, Inc. Class B (BBD.B), Canadian National Railway (CNR), Toronto-Dominion Bank (TD), Brookfield Property Partners (BPY.UN), Inter Pipeline (IPL) and Royal Bank of Canada (RY).

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$12.45.

How much money does Martinrea International make?

Martinrea International (TSE:MRE) has a market capitalization of C$1.00 billion and generates C$4.91 billion in revenue each year. The company earns C$155.80 million in net income (profit) each year or C$1.97 on an earnings per share basis.

How many employees does Martinrea International have?

The company employs 16,000 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 6/9/2023 by MarketBeat.com Staff

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