Should I buy or sell Martinrea International stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MRE shares. View MRE analyst ratings or view top-rated stocks .

What is Martinrea International's stock price target for 2024?

5 analysts have issued twelve-month price objectives for Martinrea International's shares. Their MRE share price targets range from C$15.00 to C$21.50. On average, they predict the company's share price to reach C$18.21 in the next year. This suggests a possible upside of 68.7% 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 2024?

Martinrea International's stock was trading at C$14.34 at the beginning of the year. Since then, MRE stock has decreased by 24.7% and is now trading at C$10.80. View the best growth stocks for 2024 here .

When is Martinrea International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our MRE earnings forecast .

How were Martinrea International's earnings last quarter?

Martinrea International Inc. (TSE:MRE) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.05. The firm earned $1.30 billion during the quarter, compared to the consensus estimate of $1.19 billion. Martinrea International had a net margin of 2.88% and a trailing twelve-month return on equity of 10.81%.

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

Martinrea International declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Sunday, March 31st will be paid a dividend of 0.05 per share on Monday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, March 27th. 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 1.64%. The dividend payout ratio is 10.36%. 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) .

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 .

TSE:MRE

Martinrea International (MRE) Stock Price, News & Analysis

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C$10.80

-0.05 (-0.46%)

(As of 01:04 PM ET)

Compare

Today's Range: C$10.75
▼
C$10.89
50-Day Range: C$10.85
▼
C$14.21
52-Week Range: C$10.75
▼
C$15.16

Volume: 42,273 shs
Average Volume: 210,081 shs
Market Capitalization: C$843.91 million

P/E Ratio: 5.60
Dividend Yield: 1.85%
Price Target: C$18.21

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Martinrea International alerts:

Martinrea International MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 68.7% Upside
C$18.21 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$348,645 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Martinrea International has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
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 1.64%, 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 10.36%. 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.

0.6

News and Social Media Coverage

News Sentiment
Martinrea International has a news sentiment score of -0.84. 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 lower news sentiment than the 0.35 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Martinrea International this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for MRE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Martinrea International to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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$348,645.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
15.10% 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 16.86% 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 5.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Martinrea International is 5.60, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 350.46.
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 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Martinrea International Stock (TSE:MRE)

Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components. In addition, the company offers flexible manufacturing products comprising front and rear suspension modules, front vertical corner modules, bus frame assemblies, structural parts and fabrications, and metallic tanks and reservoirs. 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.

MRE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRE Stock News Headlines

March 19, 2024 | insidertrades.com

Martinrea International Inc. (TSE:MRE) Senior Officer Acquires C$65,163.00 in Stock

April 2, 2024 | seekingalpha.com

MRE:CA Martinrea International Inc.

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 9, 2024 | wsj.com

Martinrea International Inc.

March 2, 2024 | seekingalpha.com

Martinrea International Inc. (MRETF) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Martinrea International Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

March 1, 2024 | realmoney.thestreet.com

Martinrea just downgraded at Scotiabank, here's why

February 28, 2024 | markets.businessinsider.com

Martinrea International earnings: here's what Wall Street expects

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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February 24, 2024 | msn.com

Martinrea International (MRETF) Price Target Increased by 5.43% to 14.76

February 23, 2024 | finance.yahoo.com

Martinrea International Inc. (MRE.TO)

January 27, 2024 | theglobeandmail.com

Closing Bell: Martinrea International Inc flat on Friday (MRE)

January 17, 2024 | msn.com

1 Value Stock Down 5.72% to Buy Right Now

January 9, 2024 | finance.yahoo.com

Investing in Martinrea International (TSE:MRE) a year ago would have delivered you a 24% gain

December 28, 2023 | theglobeandmail.com

Closing Bell: Martinrea International Inc flat on Thursday (MRE)

December 3, 2023 | finance.yahoo.com

We Ran A Stock Scan For Earnings Growth And Martinrea International (TSE:MRE) Passed With Ease

November 30, 2023 | morningstar.com

Martinrea International Inc MRE

November 10, 2023 | finance.yahoo.com

Martinrea International Inc. Recognized as 2023 Cadia Impact Awards Winner of Systemic Change and Winner of Leadership Commitment

November 9, 2023 | finance.yahoo.com

Martinrea International Inc. to Present at the 23rd Annual Scotiabank Transportation & Industrials Conference

November 1, 2023 | finance.yahoo.com

Martinrea International Inc. to Announce Third Quarter Results on November 8, 2023

October 10, 2023 | theglobeandmail.com

Martinrea International: Top 10 Undervalued Vehicles & Parts Industry Stocks (MRE)

October 2, 2023 | msn.com

3 Top Canadian Value Stocks in October 2023

September 17, 2023 | finance.yahoo.com

Is There An Opportunity With Martinrea International Inc.'s (TSE:MRE) 49% Undervaluation?

August 27, 2023 | finance.yahoo.com

Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

August 10, 2023 | markets.businessinsider.com

BMO Capital Keeps Their Buy Rating on Martinrea International (MRETF)

July 26, 2023 | ca.finance.yahoo.com

3 Top TSX Stocks to Buy in August 2023

July 21, 2023 | finance.yahoo.com

Investors in Martinrea International (TSE:MRE) have seen respectable returns of 56% over the past year

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Auto Parts
Sub-Industry: N/A
Current Symbol: TSE:MRE
CUSIP: N/A
CIK: N/A
Web: www.martinrea.com
Phone: +1-416-7490314
Fax: N/A
Employees: 19,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$18.21
High Stock Price Target: C$21.50
Low Stock Price Target: C$15.00
Potential Upside/Downside: +67.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.93
Trailing P/E Ratio: 5.62
Forward P/E Ratio: 4.87
P/E Growth: 0.82
Net Income: C$153.66 million
Net Margins: 2.88%
Pretax Margin: N/A
Return on Equity: 10.81%
Return on Assets: 4.55%

Debt

Debt-to-Equity Ratio: 83.83
Current Ratio: 1.16
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: C$5.34 billion
Price / Sales: 0.16
Cash Flow: C$1.77 per share
Price / Cash Flow: 6.15
Book Value: C$18.75 per share
Price / Book: 0.58

Miscellaneous

Outstanding Shares: 78,140,000
Free Float: N/A
Market Cap: C$847.82 million
Optionable: Not Optionable
Beta: 2.29

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Key Executives

Mr. Robert P. Wildeboer (Age 64)
Executive Chairman of the Board
Comp: $1.89M
Mr. Frank Patrick D'Eramo (Age 61)
CEO & Director
Comp: $2.09M
Mr. Fred Di Tosto (Age 48)
President & CFO
Comp: $983.68k
Mr. Armando Pagliari
Executive Vice President of Human Resources
Mr. Larry Paine
Executive Vice-President of Metallics Business Unit
Mr. Ganesh Koduvayur-Venkatasubramanian-K. Iyer
Chief Technology Officer
Mr. Neil Forster MBA
Director of Investor Relations & Corporate Development
Kerri Pope
General Counsel & Corporate Secretary
Ms. Deanna S. Lorincz
Global Director of Communications & Marketing
Mr. Bruce Johnson
Executive Vice President of Martinrea Innovation Developments Inc.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Martinrea International stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MRE shares.
View MRE analyst ratings or view top-rated stocks.
What is Martinrea International's stock price target for 2024?: 5 analysts have issued twelve-month price objectives for Martinrea International's shares. Their MRE share price targets range from C$15.00 to C$21.50. On average, they predict the company's share price to reach C$18.21 in the next year. This suggests a possible upside of 68.7% 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 2024?: Martinrea International's stock was trading at C$14.34 at the beginning of the year. Since then, MRE stock has decreased by 24.7% and is now trading at C$10.80.
View the best growth stocks for 2024 here.
When is Martinrea International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MRE earnings forecast.
How were Martinrea International's earnings last quarter?: Martinrea International Inc. (TSE:MRE) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.05. The firm earned $1.30 billion during the quarter, compared to the consensus estimate of $1.19 billion. Martinrea International had a net margin of 2.88% and a trailing twelve-month return on equity of 10.81%.

How often does Martinrea International pay dividends? What is the dividend yield for Martinrea International?: Martinrea International declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Sunday, March 31st will be paid a dividend of 0.05 per share on Monday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, March 27th.
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 1.64%. The dividend payout ratio is 10.36%. 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).
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.

This page (TSE:MRE) was last updated on 4/19/2024 by MarketBeat.com Staff

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Martinrea International (MRE) Stock Price, News & Analysis

Martinrea International MarketRank™ Stock Analysis

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 Stock (TSE:MRE)

MRE Stock Price History

MRE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MRE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™