MGA - Magna International Inc.
After hours:
Chart Events
Slow Stochastic
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 50.86 |
| Open | 50.76 |
| Bid | 52.40 x 1000 |
| Ask | 53.05 x 800 |
| Day's Range | 50.60 - 52.92 |
| 52 Week Range | 45.58 - 68.92 |
| Volume | |
| Avg. Volume | 1,121,853 |
| Market Cap | 15.098B |
| Beta (5Y Monthly) | 1.63 |
| PE Ratio (TTM) | 34.23 |
| EPS (TTM) | 1.54 |
| Earnings Date | Jul 27, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 1.84 (3.62%) |
| Ex-Dividend Date | May 18, 2023 |
| 1y Target Est | 64.75 |
Fair Value
Related Research
GlobeNewswireMagna Completes Acquisition of Veoneer Active Safety Business
Magna Completes Acquisition Magna strengthens global active safety position with acquisition Broadens Magna’s active safety portfolioStrengthens Magna’s global position as a top active safety supplierIncreases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) -- Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed today, positions Magna as
Simply Wall St.At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Magna International Inc. ( TSE:MG ) received a lot of attention from a substantial price movement on the TSX over the...
- Simply Wall St.
Don't Race Out To Buy Magna International Inc. (TSE:MG) Just Because It's Going Ex-Dividend
Magna International Inc. ( TSE:MG ) stock is about to trade ex-dividend in four days. Typically, the ex-dividend date...
GlobeNewswireMagna 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 MonkeyMagna 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.
ReutersCanada'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.
GlobeNewswireMagna 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
GlobeNewswireMagna 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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GlobeNewswireMagna 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
GlobeNewswireMagna 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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Insider MonkeyHere’s Why Vltava Fund Sold Magna International (MGA)
Vltava Fund, an investment management company, recently released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The firm believes that the greatest potential risk for value destruction in asset allocation is through acquisitions. More than 80% of the Fund’s portfolio is comprised of stocks of companies that place buying […]
- 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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The Wall Street JournalU.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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Electric vehicle (EV) makers and charging companies often capture the spotlight when it comes to investing discussions in this growing segment of the automotive industry. Magna International (NYSE: MGA), Dana (NYSE: DAN), and the Global X Lithium & Battery Tech ETF (NYSEMKT: LIT) are three less-obvious ways to invest in the EV industry. Here's what makes each of these hidden gem investments worth considering now.
ZacksMagna (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