MAL.TO - Magellan Aerospace Corporation

Toronto - Toronto Delayed Price. Currency in CAD
15.04
-0.28 (-1.83%)
As of 1:47PM EST. Market open.
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Previous Close15.32
Open15.30
Bid15.00 x 0
Ask15.06 x 0
Day's Range14.95 - 15.30
52 Week Range13.20 - 19.00
Volume18,770
Avg. Volume11,021
Market Cap875.463M
Beta (3Y Monthly)0.54
PE Ratio (TTM)10.01
EPS (TTM)1.50
Earnings DateMar 9, 2020 - Mar 13, 2020
Forward Dividend & Yield0.42 (2.74%)
Ex-Dividend Date2019-12-16
1y Target Est20.33
  • Business Wire

    Magellan Aerospace Corporation Announces Financial Results

    Magellan Aerospace Corporation released its financial results for the third quarter of 2019. All amounts are expressed in Canadian dollars unless otherwise indicated.

  • Business Wire

    Magellan Aerospace Announces Quarterly Dividend

    Magellan Aerospace Corporation ("Magellan Aerospace") (MAL.TO) announced today that its Board of Directors declared a quarterly cash dividend of $0.105 (ten and one-half cents) per share on the Corporation’s common shares, a 5 percent increase in the rate of the Corporation’s quarterly dividend from the dividend paid in the third quarter of 2019. This increase in the dividend rate is the sixth consecutive year of dividend increase since 2013, when the Corporation paid its first dividend. Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide.

  • Want To Invest In Magellan Aerospace Corporation (TSE:MAL)? Here's How It Performed Lately
    Simply Wall St.

    Want To Invest In Magellan Aerospace Corporation (TSE:MAL)? Here's How It Performed Lately

    When Magellan Aerospace Corporation (TSX:MAL) announced its most recent earnings (30 June 2019), I compared it against...

  • Is Magellan Aerospace (TSE:MAL) Using Too Much Debt?
    Simply Wall St.

    Is Magellan Aerospace (TSE:MAL) Using Too Much Debt?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 49% Discount?
    Simply Wall St.

    Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 49% Discount?

    Today we will run through one way of estimating the intrinsic value of Magellan Aerospace Corporation (TSE:MAL) by...

  • Should You Buy Magellan Aerospace Corporation (TSE:MAL) For Its Upcoming Dividend In 3 Days?
    Simply Wall St.

    Should You Buy Magellan Aerospace Corporation (TSE:MAL) For Its Upcoming Dividend In 3 Days?

    It looks like Magellan Aerospace Corporation (TSE:MAL) is about to go ex-dividend in the next 3 days. If you purchase...

  • What Did Magellan Aerospace Corporation's (TSE:MAL) CEO Take Home Last Year?
    Simply Wall St.

    What Did Magellan Aerospace Corporation's (TSE:MAL) CEO Take Home Last Year?

    Phil Underwood has been the CEO of Magellan Aerospace Corporation (TSE:MAL) since 2015. This report will, first...

  • Is Magellan Aerospace Corporation's (TSE:MAL) 11% ROE Strong Compared To Its Industry?
    Simply Wall St.

    Is Magellan Aerospace Corporation's (TSE:MAL) 11% ROE Strong Compared To Its Industry?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • How Much Of Magellan Aerospace Corporation (TSE:MAL) Do Insiders Own?
    Simply Wall St.

    How Much Of Magellan Aerospace Corporation (TSE:MAL) Do Insiders Own?

    Every investor in Magellan Aerospace Corporation (TSE:MAL) should be aware of the most powerful shareholder groups...

  • Magellan Aerospace Corporation (TSE:MAL): The Best Of Both Worlds
    Simply Wall St.

    Magellan Aerospace Corporation (TSE:MAL): The Best Of Both Worlds

    Attractive stocks have exceptional fundamentals. In the case of Magellan Aerospace Corporation (TSE:MAL), there's is a...

  • CNW Group

    Magellan Aerospace Congratulates the Canadian Space Agency on the Successful Launch of the RADARSAT Constellation Mission

    TORONTO , June 12, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") congratulates the Canadian Space Agency ("CSA") on the RADARSAT Constellation Mission ("RCM") that was launched successfully today from Vandenberg, California aboard a SpaceX Falcon 9 rocket. The three identical RCM satellite buses were built by Magellan under subcontract to MDA, a Maxar Technologies company, the prime contractor for RCM. Magellan's fully redundant RCM satellite buses provide the on-orbit support infrastructure required for the functioning of the MDA C-band synthetic aperture radar payload.

  • Does Magellan Aerospace Corporation (TSE:MAL) Have A Good P/E Ratio?
    Simply Wall St.

    Does Magellan Aerospace Corporation (TSE:MAL) Have A Good P/E Ratio?

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

  • CNW Group

    Magellan Aerospace Signs Agreement With BAE Systems for F-35 Aircraft Assemblies

    Magellan, through its operations in Winnipeg, Manitoba , and BAE Systems have been working together to produce horizontal tails for the global F-35 program for more than a decade, signing the original Letter of Intent for this agreement in 2006.  Both companies have since made significant investment in facilities, technologies and training to ensure the successful delivery of these flight-critical assemblies to F-35 prime contractor Lockheed Martin.

  • Does Magellan Aerospace's (TSE:MAL) Share Price Gain of 96% Match Its Business Performance?
    Simply Wall St.

    Does Magellan Aerospace's (TSE:MAL) Share Price Gain of 96% Match Its Business Performance?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! When we invest, we're generally looking for stocks that outperform the market average. And...

  • CNW Group

    Magellan Aerospace Secures Contracts for Engine Front Frames and Shafts

    TORONTO , April 29, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced agreements today with an undisclosed customer for the supply of complex fabricated engine front frames for a commercial platform, to be manufactured at Magellan's facility in Winnipeg, Manitoba, Canada , and critical rotating engine shafts for a  dual use platform, to be manufactured at Magellan's facility in Haverhill, Massachusetts , USA.  These contracts are valued at approximately CDN $45 million and will be delivered starting in 2019 through 2022. Magellan has made significant investments in manufacturing technology and personnel at its facilities enhancing our ability to compete in a global market.  In securing these agreements, Magellan has demonstrated the ability to meet the competitive demands of cost, quality and performance expected by the aerospace markets.

  • CNW Group

    Magellan Aerospace Signs Multi-Year Contract to Produce Control Surface Ribs for the 777X

    TORONTO , April 24, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced it has reached a multi-year agreement with The Boeing Company ("Boeing") to manufacture 777X control surface ribs in support of Boeing's Focused Factory initiative. In order to provide the best solution for Boeing on this multi-year package, Magellan will provide internal dual source capability for risk mitigation and business continuity. Boeing's Focused Factory initiative is the aggregation of products grouped by commonality and forecasted demand.

  • Are Investors Undervaluing Magellan Aerospace Corporation (TSE:MAL) By 39%?
    Simply Wall St.

    Are Investors Undervaluing Magellan Aerospace Corporation (TSE:MAL) By 39%?

    Today we will run through one way of estimating the intrinsic value of Magellan Aerospace Corporation (TSE:MAL) by taking the expected future cash flows and discounting them to their present value. I will use the Discounted Ca...

  • CNW Group

    Magellan Aerospace Contracts with Atlas Elektronik Canada Ltd. for SeaSpider® Anti Torpedo Torpedo

    TORONTO , April 12, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today an agreement with Atlas Elektronik Canada Ltd. ("Atlas") for the design and development phase of the SeaSpider® Anti Torpedo Torpedo ("ATT") program. The initial CDN $19 million phase of the program was launched in January 2019 and is expected to conclude in 2023.  Magellan will lead the design and development of the SeaSpider® ATT rocket motor and warhead sections of the torpedo that includes design, build, test, and product qualification. SeaSpider® ATT is a new defence product that can be utilized by surface vessels and submarines to detect and destroy attacking torpedoes.  The SeaSpider® is a marked improvement over currently available anti-torpedo systems that reply on decoy countermeasures rather than destroying the attacking torpedo.  The SeaSpider® ATT combines the best technology and decades of experience of Atlas and Magellan – the expertise of Atlas in naval systems and torpedoes and the industry leading rocket technology of Magellan.

  • What To Know Before Buying Magellan Aerospace Corporation (TSE:MAL) For Its Dividend
    Simply Wall St.

    What To Know Before Buying Magellan Aerospace Corporation (TSE:MAL) For Its Dividend

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over tim...

  • CNW Group

    Magellan Aerospace Announces Contracts to Produce Aircraft Illumination Flares

    TORONTO , March 15, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today, agreements valued at CDN $48 million , with the Canadian government to perform the licensed manufacture of LUU-2 illumination flares for the Royal Canadian Air Force (RCAF).  Magellan-produced LUU-2 illumination flares will be delivered from the Winnipeg facility's propellant plant in Manitoba, Canada . The LUU-2 is an air-deployed high-intensity illumination flare. The RCAF utilizes the LUU-2 to support night time search and rescue operations with illumination. "Magellan remains committed to continuing our 60-year legacy in supporting the Canadian Armed Forces and the RCAF with the delivery of critical mission support equipment and services", said Mr. Haydn Martin , Vice President, Business Development, Marketing and Contracts, Magellan Aerospace.