TSE:MRE

Martinrea International - MRE Stock Forecast, Price & News

C$13.39

+0.14 (+1.06%)

(As of 03/27/2023 12:00 AM ET)

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Today's Range: C$13.17
▼
C$13.56
50-Day Range: C$11.74
▼
C$15.11
52-Week Range: C$7.43
▼
C$15.37

Volume: 197,753 shs
Average Volume: 225,107 shs
Market Capitalization: C$1.08 billion

P/E Ratio: 7.74
Dividend Yield: 1.49%
Price Target: C$18.57

Martinrea International MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 38.7% Upside
C$18.57 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.20
Based on 8 Articles This Week
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.

3.05 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Martinrea International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$18.57, Martinrea International has a forecasted upside of 38.7% from its current price of C$13.39.
Amount of Analyst Coverage
Martinrea International has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MRE.

1.7

Dividend Strength

Dividend Yield
Martinrea International pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Martinrea International does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Martinrea International is 11.56%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MRE.

3.4

News and Social Media Coverage

News Sentiment
Martinrea International has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.27 average news sentiment score of Consumer Goods companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Martinrea International this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for MRE on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
MarketBeat Follows
4 people have added Martinrea International to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Martinrea International insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$250,741.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
13.55% of the stock of Martinrea International is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.15% of the stock of Martinrea International is held by institutions.

3.1

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Martinrea International is 7.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Martinrea International is 7.74, which means that it is trading at a less expensive P/E ratio than the Consumer Goods sector average P/E ratio of about 2,824.38.
Price to Earnings Growth Ratio
Martinrea International has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Martinrea International has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 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 | Stansberry Research (Ad)

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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

March 27, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 5, 2023 | finance.yahoo.com

Can Mixed Fundamentals Have A Negative Impact on Martinrea International Inc. (TSE:MRE) Current Share Price Momentum?

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

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)

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30 days | 90 days | 365 days | Advanced Chart

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MRE Company Calendar

Ex-Dividend for 1/15 Dividend: 12/29/2022
Dividend Payable: 1/15/2023
Today: 3/27/2023
Ex-Dividend for 4/15 Dividend: 3/30/2023
Dividend Payable: 4/15/2023
Next Earnings (Estimated): 5/04/2023

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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: +39.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.73
Trailing P/E Ratio: 7.72
Forward P/E Ratio: 6.49
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: 0.23
Cash Flow: C$2.17 per share
Price / Cash Flow: 6.15
Book Value: C$17.13 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 80,390,000
Free Float: N/A
Market Cap: C$1.07 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 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 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 targets 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 stock price to reach C$18.57 in the next year. This suggests a possible upside of 39.0% 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 on January 1st, 2023. Since then, MRE shares have increased by 18.7% and is now trading at C$13.36.
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 paid a dividend of 0.05 per share on Saturday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.50%. 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 1.60%. The dividend payout ratio is 11.56%. 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$13.36.
How much money does Martinrea International make?: Martinrea International (TSE:MRE) has a market capitalization of C$1.07 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$1.73 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 3/27/2023 by MarketBeat.com Staff

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Martinrea International - MRE Stock Forecast, Price & News

Martinrea International MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Martinrea International (TSE:MRE) Stock

MRE Stock News Headlines

MRE Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MRE Stock - Frequently Asked Questions

Overall MarketRank^™