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TSE:MRE

Martinrea International - MRE Stock Forecast, Price & News

C$13.14
+0.05 (+0.38%)
(As of 03/22/2023 12:00 AM ET)
Add
Compare
Today's Range
C$12.95
▼
C$13.36
50-Day Range
C$11.74
▼
C$15.11
52-Week Range
C$7.43
▼
C$15.37
Volume
243,445 shs
Average Volume
227,092 shs
Market Capitalization
C$1.06 billion
P/E Ratio
8.48
Dividend Yield
1.52%
Price Target
C$18.57

Martinrea International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.3% Upside
C$18.57 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.50mentions of Martinrea International in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$150,741 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.

3.00 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

March 9, 2023 | theglobeandmail.com
Thursday’s TSX breakouts: This top-performing small-cap stock drives higher, rising 34% in 2023
March 5, 2023 | finance.yahoo.com
Can Mixed Fundamentals Have A Negative Impact on Martinrea International Inc. (TSE:MRE) Current Share Price Momentum?
March 22, 2023 | Stansberry Research (Ad)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
March 3, 2023 | msn.com
Martinrea International reports $46.2M Q4 profit, sales up more than 20%
March 3, 2023 | theglobeandmail.com
Martinrea International reports $46.2-million fourth-quarter profit, sales up more than 20%
March 3, 2023 | msn.com
Martinrea International declares CAD 0.05 dividend
March 1, 2023 | ca.finance.yahoo.com
Stocks in play: Martinrea International
March 1, 2023 | baystreet.ca
National Unveils Q1 Figures, Shares Hit 52-Week High
March 22, 2023 | Stansberry Research (Ad)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
February 27, 2023 | finance.yahoo.com
Martinrea International Inc. Announces Acquisition of Effenco Development Assets
February 23, 2023 | finance.yahoo.com
Martinrea International Inc. to Announce Fourth Quarter and 2022 Full Year Results on March 2, 2023
February 11, 2023 | finance.yahoo.com
Investors in Martinrea International (TSE:MRE) have made a decent return of 33% over the past year
February 2, 2023 | baystreet.ca
Ag Growth, CGI at 52-Week Highs on News
December 11, 2022 | finance.yahoo.com
Robert Wildeboer Is The Executive Chairman of the Board of Martinrea International Inc. (TSE:MRE) And They Just Picked Up 1.6% More Shares
November 28, 2022 | finance.yahoo.com
Martinrea International Inc. to Present at the National Bank Financial 3rd Annual Clean Tech Conference
November 2, 2022 | proactiveinvestors.com
Healthcare tech stock surges on financial results: Proactive’s daily small cap movers
November 1, 2022 | msn.com
Martinrea reports record quarterly sales as supply constraints ease
October 26, 2022 | finance.yahoo.com
Martinrea International Inc. to Announce Third Quarter Results on November 1, 2022
October 19, 2022 | finance.yahoo.com
Here's What's Concerning About Martinrea International's (TSE:MRE) Returns On Capital
September 22, 2022 | benzinga.com
Martinrea Wins 2022 Automotive News PACE Award...
September 13, 2022 | theglobeandmail.com
Martinrea International: Top 10 Undervalued Vehicles & Parts Industry Sector Stocks on Toronto Stock Exchange (MRE)
September 4, 2022 | finance.yahoo.com
Investors in Martinrea International (TSE:MRE) have unfortunately lost 14% over the last year
August 10, 2022 | finance.yahoo.com
Insiders saw their CA$1.7m investment bump up to CA$2.0m after Martinrea International Inc. (TSE:MRE) soared 11% last week
August 8, 2022 | finance.yahoo.com
Martinrea International Inc. Reports Second-Quarter Results and Declares Dividend
August 3, 2022 | theglobeandmail.com
Martinrea International Inc stock $verbed on Friday.
August 2, 2022 | finance.yahoo.com
Martinrea International Inc. to Announce Second Quarter Results on August 8, 2022
July 13, 2022 | theglobeandmail.com
Martinrea International Inc stock advanced on Friday.
See More Headlines
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MRE Company Calendar

Ex-Dividend for 1/15 Dividend
12/29/2022
Dividend Payable
1/15/2023
Today
3/22/2023
Ex-Dividend for 4/15 Dividend
3/30/2023
Dividend Payable
4/15/2023
Next Earnings (Estimated)
5/04/2023
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
+41.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.55
Trailing P/E Ratio
8.48
Forward P/E Ratio
6.06
P/E Growth
0.82
Net Income
C$132.84 million
Net Margins
2.79%
Pretax Margin
N/A
Return on Equity
10.43%
Return on Assets
3.71%

Debt

Debt-to-Equity Ratio
97.57
Current Ratio
1.17
Quick Ratio
0.68

Sales & Book Value

Annual Sales
C$4.76 billion
Price / Sales
0.22
Cash Flow
C$2.14 per share
Price / Cash Flow
6.15
Book Value
C$17.13 per share
Price / Book
0.77

Miscellaneous

Outstanding Shares
80,390,000
Free Float
N/A
Market Cap
C$1.06 billion
Optionable
Not Optionable
Beta
2.13

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 research analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 Wall Street 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 anticipate the company's share price to reach C$18.57 in the next year. This suggests a possible upside of 41.3% 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 16.7% and is now trading at C$13.14.
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 Thursday, May 4th 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, March 30th. Shareholders of record on Saturday, April 15th will be given a dividend of 0.05 per share on Saturday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Thursday, March 30th.
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 1.37%. The dividend payout ratio is 12.90%. 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$13.14.

How much money does Martinrea International make?

Martinrea International (TSE:MRE) has a market capitalization of C$1.06 billion and generates C$4.76 billion in revenue each year. The company earns C$132.84 million in net income (profit) each year or C$1.55 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 3/22/2023 by MarketBeat.com Staff