Martinrea International Inc. is a Canada-based company engaged in the development and production of metal parts, assemblies and modules, fluid management systems and complex aluminum products focused primarily on the automotive sector. The Company's segments are North America, Europe and Rest of the World. It serves various vehicle manufacturers, as well as automotive suppliers and also serves other industrial sectors across the world. The Company's products are suspension and chassis metal components; body and structure metal components; aluminum components; chassis modules; fluid and air handling systems, and fabricated assemblies. It also provides custom parts and assemblies' production for lower volume assembly lines, such as bus, recreational vehicles, air conditioning systems, military applications and farm appliance manufacturing. It operates over 40 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China.
Industry, Sector and Symbol:
- Sector: Consumer Goods
- Industry: Auto Parts
- Sub-Industry: N/A
- Symbol: TSE:MRE
- CUSIP: N/A
- Web: www.martinrea.com
Capitalization:- Market Cap: C$962.01 million
- Outstanding Shares: 86,512,000
Average Prices:- 50 Day Moving Avg: C$10.69
- 200 Day Moving Avg: C$10.51
- 52 Week Range: C$6.70 - C$12.02
P/E:- Trailing P/E Ratio: 6.40
- P/E Growth: 0.47
Sales & Book Value:- Annual Revenue: C$3.88 billion
- Price / Sales: 0.25
- Book Value: C$10.40 per share
- Price / Book: 1.07
Dividend:
Profitability:- EBIDTA: C$356.6 million
- Net Margins: 4.87%
- Return on Equity: 21.50%
- Return on Assets: 7.44%
Misc:- Average Volume: 206,544 shs.
- Short Ratio: 7.69
Frequently Asked Questions for Martinrea International (TSE:MRE)
What is Martinrea International's stock symbol?
Martinrea International trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MRE."
How often does Martinrea International pay dividends? What is the dividend yield for Martinrea International?
Martinrea International announced a quarterly dividend on Tuesday, August 8th. Investors of record on Saturday, September 30th will be given a dividend of 0.03 per share on Sunday, October 15th. This represents a $0.12 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Thursday, September 28th. View Martinrea International's Dividend History.
When will Martinrea International make its next earnings announcement?
Where is Martinrea International's stock going? Where will Martinrea International's stock price be in 2017?
6 equities research analysts have issued 12-month price objectives for Martinrea International's stock. Their forecasts range from C$9.00 to C$17.00. On average, they expect Martinrea International's share price to reach C$13.50 in the next year. View Analyst Ratings for Martinrea International.
Who are some of Martinrea International's key competitors?
Some companies that are related to Martinrea International include Richelieu Hardware (RCH), Uni Select (UNS), Intertape Polymer Group (ITP), SunOpta (SOY), Clearwater Seafoods (CLR), Resolute Forest Products (RFP), High Liner Foods (HLF), Exco Technologies Limited (XTC), AirBoss of America Corp (BOS), KP Tissue (KPT), Brick Brewing Co. Limited (BRB), Quiksilver (ZQK), Fortress Paper (FTP), INSCAPE (INQ), Ab Inbev (ABI), Amcor Limited (AMC), Ardent Leisure Group (AAD) and Blackmores Limited (BKL).
Who are Martinrea International's key executives?
Martinrea International's management team includes the folowing people:
- Robert Peter Edward Wildeboer, Executive Chairman of the Board
- Pat D'Eramo, President, Chief Executive Officer, Director
- Fred Di Tosto, Chief Financial Officer
- Juan Jose Nardiz Amurrio, President - Martinrea Honsel
- Robert Fairchild, Executive Vice President - Sales and Engineering
- Armando Pagliari, Executive Vice President - Human Resources
- Bruce Johnson, Executive Vice President - Operations
- David Rashid, Executive Vice President - Operations
- Andre La Rosa, Chief Information Officer
- Rocco Marinaccio, Vice President - Operations (Flexible Manufacturing Group)
How do I buy Martinrea International stock?
Shares of Martinrea International 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 Martinrea International's stock price today?
One share of Martinrea International stock can currently be purchased for approximately C$11.12.
MarketBeat Community Rating for Martinrea International (TSE MRE)MarketBeat's community ratings are surveys of what our community members think about Martinrea 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.
Consensus Ratings for Martinrea International (TSE:MRE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | C$13.50 |
Analysts' Ratings History for Martinrea International (TSE:MRE)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/9/2017 | Royal Bank Of Canada | Boost Price Target | Outperform | C$16.00 -> C$17.00 |  |
| 8/9/2017 | Scotiabank | Boost Price Target | Sector Perform | C$15.00 -> C$15.50 | |
| 8/9/2017 | BMO Capital Markets | Upgrade | Market Perform -> Outperform | C$11.00 -> C$14.00 | |
| 5/2/2017 | CIBC | Lower Price Target | | C$11.50 -> C$9.00 | |
| 4/28/2017 | TD Securities | Reiterated Rating | Buy | C$12.00 | |
| 9/28/2016 | Macquarie | Reiterated Rating | Outperform | | |
| 12/1/2015 | Canaccord Genuity | Upgrade | Focus List | | |
(Data available from 9/20/2015 forward)
Earnings History for Martinrea International (TSE:MRE)Earnings History by Quarter for Martinrea International (TSE MRE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 4/1/2014 | | C$0.18 | C$0.17 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Martinrea International (TSE:MRE)2017 EPS Consensus Estimate: $1.83
2018 EPS Consensus Estimate: $2.06
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.44 | $0.44 | $0.44 |
| Q2 2017 | 2 | $0.48 | $0.50 | $0.49 |
| Q3 2017 | 2 | $0.42 | $0.45 | $0.44 |
| Q4 2017 | 2 | $0.45 | $0.47 | $0.46 |
| Q1 2018 | 1 | $0.50 | $0.50 | $0.50 |
| Q2 2018 | 1 | $0.59 | $0.59 | $0.59 |
| Q3 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q4 2018 | 1 | $0.51 | $0.51 | $0.51 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Martinrea International (TSE MRE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/8/2017 | Quarterly | $0.03 | | 9/28/2017 | 9/30/2017 | 10/15/2017 |
| 6/26/2015 | Quarterly | $0.03 | 0.89% | 6/26/2015 | 7/15/2015 | 7/15/2015 |
| 4/15/2015 | Quarterly | $0.03 | 0.95% | 4/15/2015 | 4/30/2015 | 4/30/2015 |
| 12/29/2014 | Quarterly | $0.03 | 1.21% | 12/29/2014 | 1/15/2015 | 1/15/2015 |
| 8/14/2014 | | $0.03 | | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 5/15/2014 | quarterly | $0.03 | | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 3/31/2014 | quarterly | $0.03 | 1.11% | 4/15/2014 | 4/17/2014 | 4/30/2014 |
| 11/7/2013 | | $0.03 | | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 11/8/2013 | quarterly | $0.03 | | | 12/31/2013 | 1/15/2014 |
| 6/19/2013 | quarterly | $0.03 | | | 6/30/2013 | 7/11/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Martinrea International (TSE:MRE)Insider Trades by Quarter for Martinrea International (TSE:MRE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/11/2017 | Kerri Lynn Pope | Insider | Buy | 4,600 | C$10.65 | C$48,990.00 | |
| 6/27/2017 | Bruce Norman Johnson | Insider | Buy | 1,865 | C$10.70 | C$19,955.50 | |
| 6/15/2017 | Hany Morsy | Insider | Buy | 1,750 | C$10.69 | C$18,707.50 | |
| 5/17/2017 | Bruce Norman Johnson | Insider | Buy | 2,000 | C$11.87 | C$23,740.00 | |
| 3/31/2017 | David Rashid | Insider | Buy | 9,000 | C$10.32 | C$92,880.00 | |
| 3/30/2017 | Frank Patrick D'eramo | Director | Buy | 11,900 | C$7.58 | C$90,202.00 | |
| 3/20/2017 | Rocco Marinaccio | Insider | Buy | 2,200 | C$9.89 | C$21,758.00 | |
| 3/17/2017 | Hany Morsy | Insider | Buy | 2,800 | C$10.00 | C$28,000.00 | |
| 3/10/2017 | Tosto Alfred Di | Insider | Buy | 700 | C$9.76 | C$6,832.00 | |
| 3/9/2017 | Tosto Alfred Di | Insider | Buy | 7,800 | C$9.45 | C$73,710.00 | |
| 3/7/2017 | Frank Patrick D'eramo | Director | Buy | 2,600 | C$7.07 | C$18,382.00 | |
| 3/24/2016 | Armando Pagliari | Insider | Buy | 5,100 | C$9.94 | C$50,694.00 | |
| 3/8/2016 | Frank Patrick D'eramo | Director | Buy | 300 | C$7.50 | C$2,251.17 | |
| 3/8/2016 | Hany Morsy | Insider | Buy | 2,500 | C$10.04 | C$25,101.00 | |
| 12/2/2015 | Rosa Andre La | Insider | Buy | 4,630 | C$10.80 | C$50,004.00 | |
| 11/13/2015 | David Rashid | Insider | Buy | 4,800 | C$10.65 | C$51,120.00 | |
| 11/10/2015 | Armando Pagliari | Insider | Buy | 2,900 | C$11.26 | C$32,654.00 | |
| 9/30/2015 | Frank Patrick D'eramo | Director | Buy | 5,690 | C$7.88 | C$44,826.96 | |
| 9/29/2015 | David Rashid | Insider | Buy | 4,000 | C$10.38 | C$41,520.00 | |
| 6/24/2015 | Bruce Norman Johnson | Insider | Buy | 4,400 | C$13.73 | C$60,412.00 | |
| 6/19/2015 | Hany Morsy | Insider | Buy | 1,800 | C$13.42 | C$24,147.00 | |
| 6/8/2015 | Tosto Alfred Di | Insider | Buy | 2,200 | C$14.09 | C$30,998.00 | |
| 6/5/2015 | Daniel Infusino | Insider | Buy | 1,100 | C$14.11 | C$15,521.00 | |
| 6/1/2015 | Kerri Lynn Pope | Insider | Buy | 3,000 | C$14.07 | C$42,210.00 | |
| 3/30/2015 | Frank Patrick D'eramo | Insider | Buy | 2,900 | C$10.20 | C$29,593.92 | |
| 11/28/2014 | Bruce Norman Johnson | Insider | Buy | 6,800 | C$10.15 | C$69,020.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Martinrea International (TSE:MRE)
Latest Headlines for Martinrea International (TSE:MRE)
| Source: |
|
| Date | Headline |
|---|
 | Martinrea International Inc. to Attend at the RBC Capital Markets Small Cap Conference
finance.yahoo.com - September 16 at 6:36 AM |
| Martinrea International Inc. to Attend at the CIBC 16th Annual Eastern Institutional Investor Conference
finance.yahoo.com - September 16 at 6:36 AM |
 | Martinrea International Inc (MRE) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - September 6 at 6:46 PM |
| ETFs with exposure to Martinrea International, Inc. : August 18, 2017
finance.yahoo.com - August 19 at 2:27 AM |
| Martinrea International Inc (MRE) Insider Purchases C$48,990.00 in Stock
www.americanbankingnews.com - August 14 at 4:30 PM |
| Brokers Set Expectations for Martinrea International Inc's FY2017 Earnings (MRE)
www.americanbankingnews.com - August 14 at 4:24 AM |
| Martinrea International Inc (MRE) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 12 at 6:38 PM |
| Martinrea International, Inc. :MRE-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 11, 2017
finance.yahoo.com - August 12 at 5:52 AM |
| Q3 2017 Earnings Estimate for Martinrea International Inc Issued By Cormark (TSE:MRE)
www.americanbankingnews.com - August 11 at 11:40 AM |
 | Why Did Martinrea International Inc. Shares Soar 6.75%?
www.fool.ca - August 10 at 3:25 PM |
| Martinrea International Inc (MRE) Price Target Raised to C$17.00
www.americanbankingnews.com - August 9 at 3:26 PM |
| Martinrea International Inc (TSE:MRE) PT Raised to C$15.50
www.americanbankingnews.com - August 9 at 3:26 PM |
| Martinrea International Inc (MRE) Rating Increased to Outperform at BMO Capital Markets
www.americanbankingnews.com - August 9 at 3:26 PM |
| Martinrea International Inc. Reports Record Quarterly Earnings, Strong Margin Improvement and Announces Dividend
finance.yahoo.com - August 9 at 1:06 AM |
| Edited Transcript of MRE.TO earnings conference call or presentation 8-Aug-17 12:00pm GMT
finance.yahoo.com - August 9 at 1:06 AM |
| Martinrea International, Inc. :MRE-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 4:14 AM |
| Martinrea International Inc (MRE) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 3 at 12:08 PM |
| Martinrea International Inc. to Announce Second Quarter Results on August 8, 2017
finance.yahoo.com - July 31 at 9:06 PM |
| Cormark Weighs in on Martinrea International Inc's FY2019 Earnings (MRE)
www.americanbankingnews.com - July 19 at 3:10 PM |
| Martinrea International Inc (MRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 18 at 7:02 PM |
| Cormark Equities Analysts Decrease Earnings Estimates for Martinrea International Inc (MRE)
www.americanbankingnews.com - July 18 at 9:20 AM |
| Martinrea International Inc (MRE) Insider Acquires C$19,955.50 in Stock
www.americanbankingnews.com - June 27 at 1:20 PM |
| Martinrea International Inc (MRE) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 23 at 5:08 PM |
| Martinrea International, Inc. – Value Analysis (TORONTO:MRE) : June 16, 2017
finance.yahoo.com - June 16 at 7:36 PM |
| Martinrea International, Inc. breached its 50 day moving average in a Bearish Manner : MRE-CA : June 15, 2017
finance.yahoo.com - June 16 at 7:50 AM |
| Martinrea International Inc. Holds Annual General Meeting
finance.yahoo.com - June 16 at 7:50 AM |
| Hany Morsy Buys 1,750 Shares of Martinrea International Inc (MRE) Stock
www.americanbankingnews.com - June 15 at 1:20 PM |
| Martinrea International Inc (MRE) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 29 at 4:56 PM |
| Martinrea International Inc (MRE) Insider Buys C$23,740.00 in Stock
www.americanbankingnews.com - May 18 at 10:16 AM |
| Martinrea International Inc (MRE) Receives C$13.10 Average PT from Brokerages
www.americanbankingnews.com - May 5 at 11:44 PM |
| Cormark Comments on Martinrea International Inc's Q3 2017 Earnings (MRE)
www.americanbankingnews.com - May 4 at 12:58 PM |
| Cormark Weighs in on Martinrea International Inc's Q2 2017 Earnings (MRE)
www.americanbankingnews.com - May 3 at 7:42 AM |
| CIBC Cuts Martinrea International Inc (MRE) Price Target to C$9.00
www.americanbankingnews.com - May 2 at 10:46 PM |
| Martinrea International Inc (MRE) Price Target Raised to C$15.00
www.americanbankingnews.com - May 2 at 10:46 PM |
| Edited Transcript of MRE.TO earnings conference call or presentation 1-May-17 12:00pm GMT
finance.yahoo.com - May 2 at 7:43 PM |
| Martinrea International Inc. Reports Record Quarterly Earnings and Announces Dividend
finance.yahoo.com - May 1 at 12:30 PM |
| Martinrea International Inc (MRE) Receives Buy Rating from TD Securities
www.americanbankingnews.com - April 29 at 10:08 AM |
| Martinrea International Inc. to announce first quarter results on May 1, 2017 - Yahoo Finance
finance.yahoo.com - April 26 at 6:39 PM |
 | Martinrea International: Improving Margins To Drive Share Price Higher
seekingalpha.com - April 25 at 5:56 PM |
| Martinrea International Inc. to announce first quarter results on May 1, 2017
finance.yahoo.com - April 25 at 9:47 AM |
| Martinrea International Inc (MRE) PT Raised to C$16.00
www.americanbankingnews.com - April 20 at 11:41 AM |
| Martinrea International, Inc. breached its 50 day moving average in a Bearish Manner : MRE-CA : April 14, 2017
finance.yahoo.com - April 14 at 6:24 PM |
| ETFs with exposure to Martinrea International, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:19 AM |
| Martinrea International Inc (MRE) Director Acquires C$90,202.00 in Stock
www.americanbankingnews.com - April 3 at 2:05 PM |
| Martinrea International Inc (MRE) Insider David Rashid Purchases 9,000 Shares
www.americanbankingnews.com - April 3 at 1:05 PM |
| Martinrea International Inc (MRE) Receives "Buy" Rating from TD Securities
www.americanbankingnews.com - March 29 at 2:12 PM |
 | Profile: Martinrea International Inc (MRE.TO)
www.reuters.com - March 25 at 9:10 AM |
| Martinrea International Inc (MRE) Insider Acquires C$21,758.00 in Stock
www.americanbankingnews.com - March 20 at 4:55 PM |
| Tosto Alfred Di Acquires 7,800 Shares of Martinrea International Inc (MRE) Stock
www.americanbankingnews.com - March 10 at 7:37 PM |
| Martinrea International Inc. Reports Record Fourth Quarter and Yearly Earnings and Announces Dividend
finance.yahoo.com - March 2 at 6:51 PM |
Martinrea International (MRE) Chart for Wednesday, September, 20, 2017
