MG.TO - Magna International Inc.

Toronto - Toronto Delayed Price. Currency in CAD
62.45
-2.13 (-3.30%)
At close: 4:00PM EDT
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Previous Close64.58
Open63.64
Bid62.46 x 0
Ask62.44 x 0
Day's Range62.25 - 64.41
52 Week Range57.34 - 76.11
Volume903,185
Avg. Volume794,852
Market Cap19.598B
Beta (3Y Monthly)1.66
PE Ratio (TTM)8.03
EPS (TTM)7.78
Earnings DateNov 6, 2019 - Nov 11, 2019
Forward Dividend & Yield1.94 (3.07%)
Ex-Dividend Date2019-08-22
1y Target Est66.02
  • Magna International Inc. (TSE:MG) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
    Simply Wall St.

    Magna International Inc. (TSE:MG) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Magna...

  • Thomson Reuters StreetEvents

    Edited Transcript of MG.TO earnings conference call or presentation 8-Aug-19 12:00pm GMT

    Q2 2019 Magna International Inc Earnings Call

  • GlobeNewswire

    Magna Celebrates Opening of New Electronics Facility

    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.

  • Do You Know About Magna International Inc.’s (TSE:MG) ROCE?
    Simply Wall St.

    Do You Know About Magna International Inc.’s (TSE:MG) ROCE?

    Today we'll look at Magna International Inc. (TSE:MG) and reflect on its potential as an investment. To be precise...

  • Magna International (MGA) Q2 2019 Earnings Call Transcript
    Motley Fool

    Magna International (MGA) Q2 2019 Earnings Call Transcript

    MGA earnings call for the period ending June 30, 2019.

  • Magna International Profit Drops 28% on Slumping Auto Sales
    Motley Fool

    Magna International Profit Drops 28% on Slumping Auto Sales

    Automakers are cutting production as auto sales slide.

  • Benzinga

    Magna International Manages Modest Earnings Beat On Global Auto Slowdown

    Magna International (NYSE: MGA ), the Ontario-based automotive parts supplier and largest auto parts manufacturer in North America, reported its financial results for the second quarter before markets ...

  • Reuters

    UPDATE 2-Canada's Magna trims sales forecast in trade war hit

    Canada's Magna International Inc trimmed its sales forecast for the second time this year, as weak global demand and the impact of U.S.-China trade tensions pushed down vehicle production in North America and Europe. Automakers have warned that tariffs on metals and other items resulting from President Donald Trump's trade war with China will add billions of dollars in costs to vehicle production and assembly. The company had previously cut its forecast in May, citing higher-than-expected costs in certain advanced driver assistance systems programs, lower anticipated sales from a transmission joint venture in China and a decline in vehicle production.

  • Reuters

    Canada's Magna trims sales forecast in trade war hit

    Automakers have warned that tariffs on metals and other items resulting from President Donald Trump's trade war with China will add billions of dollars in costs to vehicle production and assembly. The company had previously cut its forecast in May, citing higher-than-expected costs in certain advanced driver assistance systems programs, lower anticipated sales from a transmission joint venture in China and a decline in vehicle production.

  • GlobeNewswire

    Magna Announces Second Quarter Results

    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%.

  • GlobeNewswire

    Magna Grows Seat Business With New Ohio Facility

    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.

  • Is Magna International Inc. (TSE:MG) A Smart Pick For Income Investors?
    Simply Wall St.

    Is Magna International Inc. (TSE:MG) A Smart Pick For Income Investors?

    Today we'll take a closer look at Magna International Inc. (TSE:MG) from a dividend investor's perspective. Owning a...

  • GlobeNewswire

    Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

    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.

  • GuruFocus.com

    5 Undervalued Stocks Growing Book Value

    Magna International on the list Continue reading...

  • Why Magna International Inc.'s (TSE:MG) CEO Pay Matters To You
    Simply Wall St.

    Why Magna International Inc.'s (TSE:MG) CEO Pay Matters To You

    Don Walker has been the CEO of Magna International Inc. (TSE:MG) since 2010. This report will, first, examine the CEO...

  • GlobeNewswire

    Second Quarter 2019 Results Conference Call

    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.

  • Is Now The Time To Put Magna International (TSE:MG) On Your Watchlist?
    Simply Wall St.

    Is Now The Time To Put Magna International (TSE:MG) On Your Watchlist?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Is Magna International Inc. (MGA) A Good Stock To Buy?
    Insider Monkey

    Is Magna International Inc. (MGA) A Good Stock To Buy?

    Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter. Trends reversed 180 degrees during the first quarter amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]

  • Markit

    See what the IHS Markit Score report has to say about Magna International Inc.

    Magna International Inc NYSE:MGAView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MGA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MGA. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MGA had net inflows of $1.05 billion over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. MGA credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Here's How P/E Ratios Can Help Us Understand Magna International Inc. (TSE:MG)
    Simply Wall St.

    Here's How P/E Ratios Can Help Us Understand Magna International Inc. (TSE:MG)

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • GlobeNewswire

    Magna Introduces FreeForm Seat Trim Technology

    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.

  • GlobeNewswire

    Magna Celebrates Manufacturing Milestone

    Shelby Foam Systems has made 50 million seat foam pads since starting in 2010Plant focuses on best practices, innovation and sustainable manufacturingDedicated team embodies.