TSE:MRE

Martinrea International - MRE Stock Forecast, Price & News

C$8.90

+0.11 (+1.25%)

(As of 10/6/2022 12:34 PM ET)

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Today's Range: C$8.74
▼
C$8.94
50-Day Range: C$8.55
▼
C$11.47
52-Week Range: C$7.43
▼
C$12.17

Volume: 106,315 shs
Average Volume: 347,590 shs
Market Capitalization: C$715.44 million

P/E Ratio: 29.67
Dividend Yield: 2.28%
Price Target: C$12.58

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

October 2, 2022 | americanbankingnews.com

Martinrea International (TSE:MRE) PT Lowered to C$12.50 at Scotiabank

September 26, 2022 | americanbankingnews.com

Martinrea International Inc. (TSE:MRE) Declares $0.05 Quarterly Dividend

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.

May 12, 2022 | finance.yahoo.com

Martinrea International (TSE:MRE) Is Reinvesting At Lower Rates Of Return

May 6, 2022 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 0.30%

May 5, 2022 | finance.yahoo.com

Martinrea International Inc. Reports First-Quarter Results and Declares Dividend

April 28, 2022 | finance.yahoo.com

Martinrea International Inc. to Announce First Quarter Results on May 5, 2022

April 20, 2022 | finance.yahoo.com

Martinrea Named 2022 Automotive News Pace Award Finalist for Graphene-Enhanced Products

March 8, 2022 | finance.yahoo.com

Martinrea International Inc. Publishes 2021 Sustainability Report

February 24, 2022 | finance.yahoo.com

Martinrea International Inc. to Announce Fourth Quarter and Full-Year Results on March 3, 2022

February 8, 2022 | finance.yahoo.com

Auto Plants Risk ‘Screeching Halt’ on Protests, Martinrea Says

January 25, 2022 | finance.yahoo.com

What Type Of Shareholders Make Up Martinrea International Inc.'s (TSE:MRE) Share Registry?

December 30, 2021 | ca.finance.yahoo.com

3 Discounted Companies to Consider Before They Bounce Back

December 19, 2021 | fool.ca

Magna International Inc. (USA)

December 16, 2021 | ca.finance.yahoo.com

Stocks in play: Martinrea International Inc.

December 15, 2021 | finance.yahoo.com

TMRE Investors, LLC Announces Additional Holdings in Martinrea International Inc.

November 26, 2021 | finance.yahoo.com

Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital

November 4, 2021 | finance.yahoo.com

Martinrea International Inc. Reports Third-Quarter Results, Declares Dividend, and Expresses Confidence in 2023 Outlook

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MRE Company Calendar

Ex-Dividend for 10/15 Dividend: 9/28/2022
Today: 10/06/2022
Dividend Payable: 10/15/2022
Next Earnings (Estimated): 11/03/2022

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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$12.58
High Stock Price Forecast: C$15.50
Low Stock Price Forecast: C$10.50
Forecasted Upside/Downside: +41.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 29.67
Forward P/E Ratio: 3.28
P/E Growth: 0.74
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 106.15
Current Ratio: 1.17
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: C$4.17 billion
Price / Sales: 0.17
Cash Flow: C$1.37 per share
Price / Cash Flow: 6.51
Book Value: C$15.12 per share
Price / Book: 0.59

Miscellaneous

Outstanding Shares: 80,387,000
Free Float: N/A
Market Cap: C$715.44 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Robert P. Wildeboer (Age 62)
Exec. Chairman
Comp: $1.61M

Mr. Frank Patrick D'Eramo (Age 59)
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 & Institutions

View All Insider Transactions
View All Institutional Transactions

MRE Stock - Frequently Asked Questions

Should I buy or sell Martinrea International stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last twelve months. There are currently 2 hold ratings, 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 2022?: 5 equities research analysts have issued 1-year target prices for Martinrea International's stock. Their MRE share price forecasts range from C$10.50 to C$15.50. On average, they expect the company's share price to reach C$12.58 in the next year. This suggests a possible upside of 41.4% 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 2022?: Martinrea International's stock was trading at C$11.50 at the start of the year. Since then, MRE stock has decreased by 22.6% and is now trading at C$8.90.
View the best growth stocks for 2022 here.
When is Martinrea International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MRE earnings forecast.
How often does Martinrea International pay dividends? What is the dividend yield for Martinrea International?: Martinrea International announced a quarterly dividend on Monday, August 8th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.05 per share on Saturday, October 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Wednesday, 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 2.28%. The dividend payout ratio is 66.67%. 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$8.90.
How much money does Martinrea International make?: Martinrea International (TSE:MRE) has a market capitalization of C$715.44 million and generates C$4.17 billion in revenue each year.
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 10/6/2022 by MarketBeat.com Staff

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