Market closedNon-fractional
Magnite/MGNI
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Magnite
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
Ticker
MGNI
Sector
Technology
Trading on
NASDAQ
Industry
Media
Headquarters
New York, United States
Employees
911
Website
www.magnite.com
Magnite Metrics
BasicAdvanced
$2B
Market cap
-
P/E ratio
-$0.57
EPS
2.34
Beta
-
Dividend rate
Price and volume
Market cap
$2B
Beta
2.34
Financial strength
Current ratio
1.103
Quick ratio
1.085
Long term debt to equity
86.591
Total debt to equity
89.979
Interest coverage (TTM)
-2.13%
Management effectiveness
Return on assets (TTM)
-1.75%
Return on equity (TTM)
-11.17%
Valuation
Price to revenue (TTM)
3.043
Price to book
2.84
Price to tangible book (TTM)
-5.66
Price to free cash flow (TTM)
13.345
Growth
Revenue change (TTM)
8.44%
Earnings per share change (TTM)
-58.39%
3-year revenue growth (CAGR)
37.45%
3-year earnings per share growth (CAGR)
4.32%
What the Analysts think about Magnite
Analyst Ratings
Majority rating from 10 analysts.
Magnite Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$149M
-20.12%
Net income
-$18M
-157.28%
Profit margin
-11.85%
-171.69%
Magnite Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.09
$0.12
$0.29
$0.05
-
Expected
$0.03
$0.08
$0.28
$0.00
$0.15
Surprise
164.71%
50.00%
3.33%
11,555.01%
-
Magnite News
AllArticlesVideos
Gracenote teams with major connected TV (CTV) players to optimize contextual ad targeting
PRNewsWire·2 days ago
Magnite to Announce Second Quarter 2024 Financial Results on August 7, 2024
GlobeNewsWire·3 weeks ago
CairoRCS Media Selects Magnite and its Demand Manager Wrapper Optimisation Product to Grow Programmatic Revenue
GlobeNewsWire·3 weeks ago
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
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Magnite stock?
Magnite (MGNI) has a market cap of $2B as of July 27, 2024.
What is the P/E ratio for Magnite stock?
The price to earnings (P/E) ratio for Magnite (MGNI) stock is 0 as of July 27, 2024.
Does Magnite stock pay dividends?
No, Magnite (MGNI) stock does not pay dividends to its shareholders as of July 27, 2024.
When is the next Magnite dividend payment date?
Magnite (MGNI) stock does not pay dividends to its shareholders.
What is the beta indicator for Magnite?
Magnite (MGNI) has a beta rating of 2.34. 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.
Buy or sell Magnite stock
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