Magna/MGA
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14:25
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About Magna
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
Ticker
MGA
Sector
Consumer Cyclicals
Trading on
NYSE
Industry
Automobile Components
Headquarters
Aurora, Canada
Employees
168,000
Website
www.magna.com
Magna Metrics
BasicAdvanced
$17B
Market cap
12.03
P/E ratio
$3.53
EPS
1.69
Beta
$1.87
Dividend rate
4.40%
Dividend yield
Price and volume
Market cap
$17B
Beta
1.69
Dividend rate
$1.87
Financial strength
Current ratio
1.091
Quick ratio
0.729
Long term debt to equity
49.95
Total debt to equity
66.454
Dividend payout ratio (TTM)
51.73%
Interest coverage (TTM)
7.66%
Management effectiveness
Return on assets (TTM)
4.13%
Return on equity (TTM)
9.35%
Valuation
Price to earnings (TTM)
12.03
Price to revenue (TTM)
0.28
Price to book
1.45
Price to tangible book (TTM)
2.09
Price to free cash flow (TTM)
19.03
Dividend yield (TTM)
4.40%
Growth
Revenue change (TTM)
10.86%
Earnings per share change (TTM)
132.98%
3-year revenue growth
8.04%
3-year earnings per share growth
-1.59%
3-year dividend per share growth
4.05%
What the Analysts think about Magna
Analyst Ratings
Majority rating from 13 analysts.
Magna Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$11B
4.94%
Net income
$9M
-96.68%
Profit margin
0.08%
-96.91%
Magna Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.50
$1.46
$1.33
$1.08
-
Expected
$1.23
$1.34
$1.48
$1.24
$1.47
Surprise
21.98%
9.32%
-10.27%
-13.08%
-
Magna News
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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.
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Magna stock?
Magna (MGA) has a market cap of $17B as of July 03, 2024.
What is the P/E ratio for Magna stock?
The price to earnings (P/E) ratio for Magna (MGA) stock is 12.03 as of July 03, 2024.
Does Magna stock pay dividends?
Yes, the Magna (MGA) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $1.87 and the yield is 4.4%. Magna has a payout ratio of 51.73% 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.
Buy or sell Magna stock
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