Magna/MGA

$47.85

0.02%
-
1D1W1MYTD1YMAX

About Magna

Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.

Ticker

MGA

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Auto & Truck Manufacturers

CEO

Seetarama Kotagiri

Employees

179,000

Headquarters

Aurora, Canada

Magna Metrics

BasicAdvanced
$14.25B
Market cap
11.72
P/E ratio
$4.23
EPS
1.69
Beta
$1.84
Dividend rate
3.74%
Dividend yield
$14.25B
1.68598
$63.11
$46.72
1.13M
$1.84
1.061
0.713
35.131
46.323
43.03%
13.15%
4.28%
10.63%
7.34%
11.724
0.333
1.197
1.729
112.168
2.62%
3.71%
3.74%
9.5%
79.56%
9.44%
18.87%
4.77%

What the Analysts think about Magna

Analyst Ratings

Majority rating from 11 analysts.
Hold

Price Targets

Average projection from 8 analysts.
32.98% upside
High $77.00
Low $52.00
$47.85
Current price
$63.63
Average price target

Magna Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
2.59% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$10.45B
-2.19%
Net income
$271M
-31.22%
Profit margin
2.59%
-29.62%

Magna Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 10.27%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q3 24
Actual
$1.50
$1.46
$1.33
-
-
Expected
$1.23
$1.34
$1.48
$1.25
$1.68
Surprise
21.98%
9.32%
-10.27%
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Magna stock?

Magna (MGA) has a market cap of $14.25B as of April 19, 2024.

What is the P/E ratio for Magna stock?

The price to earnings (P/E) ratio for Magna (MGA) stock is 11.72 as of April 19, 2024.

Does Magna stock pay dividends?

Yes, the Magna (MGA) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $1.84 and the yield is 3.74%. Magna has a payout ratio of 43.03% on a trailing twelve-month basis.

When is the next Magna dividend payment date?

The next Magna (MGA) dividend payment date is unconfirmed.

What is the beta indicator for Magna?

Magna (MGA) has a beta rating of 1.69. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Magna stock price target?

The target price for Magna (MGA) stock is $63.63, which is 32.98% above the current price of $47.85. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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