MGA - Magna International Inc.

NYSE - NYSE Delayed Price. Currency in USD
52.72
+1.86 (+3.66%)
At close: 04:00PM EDT
52.55 -0.17 (-0.32%)
After hours: 04:51PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close50.86
Open50.76
Bid52.40 x 1000
Ask53.05 x 800
Day's Range50.60 - 52.92
52 Week Range45.58 - 68.92
Volume966,618
Avg. Volume1,121,853
Market Cap15.098B
Beta (5Y Monthly)1.63
PE Ratio (TTM)34.23
EPS (TTM)1.54
Earnings DateJul 27, 2023 - Jul 31, 2023
Forward Dividend & Yield1.84 (3.62%)
Ex-Dividend DateMay 18, 2023
1y Target Est64.75
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
32% Est. Return

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  • GlobeNewswire

    Magna Completes Acquisition of Veoneer Active Safety Business

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  • Simply Wall St.

    At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

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    Don't Race Out To Buy Magna International Inc. (TSE:MG) Just Because It's Going Ex-Dividend

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  • GlobeNewswire

    Magna Announces 2023 Annual Meeting Results

    AURORA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2023 annual meeting of shareholders held on May 11, 2023. A total of 226,558,449 Common Shares or 79.18% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows: a. Election of Directors NomineeVotes FORNomineeVotes FORPeter G. Bowie99.05%Mary Lou Maher99

  • Insider Monkey

    Magna International Inc. (NYSE:MGA) Q1 2023 Earnings Call Transcript

    Magna International Inc. (NYSE:MGA) Q1 2023 Earnings Call Transcript May 5, 2023 Magna International Inc. beats earnings expectations. Reported EPS is $1.11, expectations were $0.85. Operator: Greetings, and welcome to the Q1 2023 Results Call. [Operator Instructions]. As a reminder, today’s call is being recorded Friday, May 5, 2023. Now I would like to turn […]

  • Reuters

    UPDATE 3-Canada's Magna raises profit forecast as global auto production improves

    Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand.

  • Reuters

    Canada's Magna raises profit forecast as global auto production improves

    (Reuters) -Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand. Magna expects light vehicle production in North America and Europe, its two largest markets, to grow to 15 million units and 16.3 million units, respectively.

  • Reuters

    REFILE-Auto parts maker Magna International raises annual forecast

    Canadian auto parts maker Magna International Inc, on Friday, raised its full-year sales forecast as easing supply chain constraints improve prospects for ramping up production. Magna's revenue for the year is now expected to be between $40.2 billion and $41.8 billion, up from its previous forecast of $39.6 billion to $41.2 billion.

  • GlobeNewswire

    Magna Announces First Quarter 2023 Results

    Swamy Kotagiri, Magna’s Chief Executive Officer "Our strong first quarter operating performance reflects strong earnings on higher organic sales. More importantly, we are taking targeted actions to reduce expenses and optimize our cost structure. Our increased outlook is based on the strength of our first quarter results and the expected benefit of these targeted actions. We are highly focused on executing our strategy and remain confident in our ability to meet our long-term growth and margin o

  • GlobeNewswire

    Magna Awarded New High-Voltage eDrive Business With Europe-Based Global OEM

    New Magna eDrive System The production of the new eDrive System will start 2026 in Austria and Slovakia Coming to market on 2027 model SUVs and sedansEnables fast reconnect through new decoupling systemPower range from 100 kW to 140 kW, optimized for 800V, delivers affordable costs AURORA, Ontario, May 03, 2023 (GLOBE NEWSWIRE) -- Magna is taking electrification to the next level of efficiency and range to help meet evolving customer requirements. Today, the company has announced it has been awa

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  • GlobeNewswire

    Magna Celebrates a Production Milestone: 500,000 Mercedes G-Class Vehicles

    Magna's Graz Production Facility Magna milestone reached: 500,000 Mercedes G-Class vehicles produced A half a million G-Class vehicles have rolled out of GrazSignificant milestone in the long-term partnership with Mercedes-BenzMilestone reflects Magna´s long history as leading contract manufacturer GRAZ, Austria, April 20, 2023 (GLOBE NEWSWIRE) -- The Mercedes G-Class is one of the most iconic luxury SUVs globally and has been built by Magna since 1979. The legendary off-road vehicle entered its

  • GlobeNewswire

    Magna Announces Date for Q1 2023 Results Call

    AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FORQ1 2023 RESULTS CALL FRIDAY – MAY 5, 20238:00 AM ET DIAL IN NUMBERSToll-Free: 1-800-584-0405International: 1-416-981-9017Webcast: www.magna.com Slide presentation will be available on our website prior to the call REBROADCAST INFORMATIONReplay available 2 hours after the call until May 12, 2023Toll-Free: 1-800-558-5253International: 1-416-626-4100Reservation No.: 22026746 INVE

  • GlobeNewswire

    Magna Adds to Its Complete Vehicle Manufacturing Lineup With an All-New Electric Vehicle From INEOS Automotive

    Magna's Graz Facility Magna to engineer and build INEOS Automotive's off-road electric vehicle New business award includes engineering and manufacturing of the INEOS Automotive electric off-road vehicleProduction expected to start in 2026Builds on Magna’s expertise as the largest multi-OEM complete vehicle manufacturer AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna is adding a new customer in engineering and complete vehicle manufacturing with the announcement that it has been awarded

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    Here’s Why Vltava Fund Sold Magna International (MGA)

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  • GlobeNewswire

    Magna Posts 2022 Annual Report

    AURORA, Ontario, March 31, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2022 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and

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    U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’

    Media owners’ U.S. ad revenues are expected to grow 3.4% to $326 billion next year, according to a new forecast from Magna.

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    Magna (MGA) Announces U.S. Dollar & Euro Senior Notes Offerings

    Magna (MGA) announces two series of U.S. dollar denominated senior notes offerings to finance Veoneer Active Safety Business Acquisition and one series of Euro denominated senior notes offerings.

  • GlobeNewswire

    Magna Announces Senior Notes Offerings

    AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”) and one series of Euro denominated senior notes (“Euro senior notes”), as follows: Principal AmountMaturityAnnual Interest RateU.S. Dollar Senior Notes Series 1 U.S. dollar$300,000,000March 21, 20265.980%Series 2 U.S. dollar$50

  • GlobeNewswire

    Magna Announces CAD Senior Notes Offering

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada, of CAD$350 million aggregate principal amount of senior unsecured notes due 2031. The notes will bear interest at an annual rate of 4.95% and will mature on Januar