|Bid||62.31 x 0|
|Ask||62.89 x 0|
|Day's Range||62.25 - 64.41|
|52 Week Range||57.34 - 76.11|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||8.03|
|Forward Dividend & Yield||1.94 (3.11%)|
|1y Target Est||N/A|
Magna celebrated the opening of a new electronics manufacturing facility today in Grand Blanc Township, Michigan. The facility consolidates three nearby locations into a single state-of-the-art facility that combines 21st-century manufacturing with people-first workplace design and functionality. The new facility allows Magna to accelerate large-scale deployment of future technologies such as advanced driver assistance systems (ADAS), advanced robotics and micro-LED lighting.
Sales of $10.1 billion decreased 1%, compared to global light vehicle production down 6%Excluding foreign currency translation and divestitures net of acquisitions, sales up 5%.
Magna has won new seating business in North America with a global automaker and will supply seat structures from a new manufacturing facility in Lancaster, Ohio. The company held a groundbreaking ceremony today at the site where construction has recently started on the 150,000-square-foot facility with an initial investment of approximately $60 million. The event was attended by Magna CEO Don Walker, U.S. Representative Steve Stivers, and U.S. Vice President Mike Pence.
Today Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation. Executives from both companies and Zhenjiang government officials attended the celebration.
AURORA, Ontario, July 03, 2019 -- Magna International Inc. (TSX:MG) (NYSE:MGA) SECOND QUARTER 2019 RESULTS CONFERENCE CALL THURSDAY – AUGUST 8, 2019 8:00 AM ET DIAL IN.
Automotive seat design has become a crucial consideration for automakers as consumers spend more time in their vehicles, and as interior comfort becomes a major competitive battleground. At the same time, every automaker is striving to put a special “signature” on seats, one that conveys their distinct brand values. FreeForm offers the freedom to achieve endless design possibilities with various shapes and crisp styling lines for striking visual effects.
Shelby Foam Systems has made 50 million seat foam pads since starting in 2010Plant focuses on best practices, innovation and sustainable manufacturingDedicated team embodies.
AURORA, Ontario, May 09, 2019 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2019 annual meeting of shareholders. A total of.
Sales of $10.6 billion decreased 2%, compared to global light vehicle production down 7%Excluding foreign currency translation and acquisitions net of divestitures, sales in.
Joint venture in Changsha produces lightweight, composite liftgates for fast-growing marketMagna wholly-owned Shanghai plant manufactures active aerodynamic grille.
AURORA, Ontario, April 24, 2019 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FIRST QUARTER 2019 RESULTS CONFERENCE CALL THURSDAY – MAY 9, 2019 8:30 AM ET DIAL IN.
As the auto industry continues to develop in Morocco, Magna also continues to expand its footprint in the country. The company recently broke ground on construction of a new facility in Kenitra, Morocco, to supply global automakers with exterior and interior mirror systems.
AURORA, Ontario, March 29, 2019 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2018 Annual Report, including Management’s Discussion and Analysis and.
AURORA, Ontario, March 29, 2019 -- Magna announced today that it has completed the sale of its Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South.
Fourth Quarter 2018 Highlights Record fourth quarter sales of $10.1 billion up 5% from the fourth quarter of 2017Cash from operations of $1.6 billionReturned $585 million to.
AURORA, Ontario, Jan. 30, 2019 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FOURTH QUARTER & YEAR END 2018RESULTS CONFERENCE CALLFRIDAY – FEBRUARY 22nd, 20197:00 AM.
Magna adds new customer and additional sports car to its complete vehicle assembly line-upProduction to begin in early 2019Further demonstrates the company’s unique position in.
Sales growth and increased EBIT Margin1 over outlook periodHigher free cash flow2 in 2019-2021 period, compared to 2018-2020 AURORA, Ontario, Jan. 15, 2019 -- Magna.
NEW YORK, NY / ACCESSWIRE / January 3, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...
NYSE: MGA) today announced that it has established a pre-defined automatic securities purchase plan (the “Plan”) with a designated broker to facilitate the purchase for cancellation of Common Shares under its current normal course issuer bid (the “Bid”). The Plan will be implemented effective January 2, 2019. Under the Plan, Magna has provided instructions and strict parameters regarding how its Common Shares may be purchased for cancellation during times when it would ordinarily not be permitted to purchase Common Shares due to regulatory restrictions or self-imposed black-out periods.
VIZA brings additional seating structures expertise and increases our vertical integration capabilities in seatingAcquisition supports growth opportunities, strengthens.
AURORA, Ontario, Dec. 13, 2018 -- Magna heads to CES 2019 with an all-new exhibit showcasing the company’s future vision of how electrification, autonomy and smart mobility.
Reconfigurable seating to increase useable cabin space based on need and vehicle functionCustom global consumer research driving force for ideal user experienceSeats adjusting.
Automakers around the world are looking to mechatronics as an opportunity to improve getting in and out of vehicles both today and in the future. Mechatronics products, such as power doors and liftgates, work through a combination of mechanical systems, electronic control units and embedded software to offer consumers unique vehicle access experiences.
Magna Global Bold Perspective Award aims to generate designs that challenge conventionDesign competition calls for entries from students around the worldWinner will be announced.