My Portfolio
My Watchlists
Profile & Performance
Smart Portfolio
Find & Follow Experts
Top Lists
Top Experts
Make Better, Data Driven Investment Decisions
TipRanks tools are all you need to make data-driven investment decisions, conduct comprehensive stock research, find new investment ideas, analyze your portfolio, and follow the best-performing Wall Street experts.
About Us
Plans & Pricing
Magna International (TSE:MG)
TSX:MG
Canadian Market
TSE:MG tsx
Canada
Magna International

Magna International Stock Analysis & Ratings

Magna International Stock Analysis Overview

Smart Score
8
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Magna International stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

TSE:MG

TSE:MG Stock Stats

Previous CloseC$102.59
OpenC$97.47
Bid104.15 x 4100
Ask104.23 x 900
Today’s RangeC$97.4 - C$104.43
52-Week RangeC$57.42 - C$126.00
Volume1.16M
Average Volume672.75K
Market CapC$31.33B
Beta1.55
P/E Ratio10.8
EPS9.25
Earnings DateNov 05, 2021
Dividend & Yield2.15 (2.16%)
Ex-Dividend DateAug 19, 2021

Company Description

Magna International

Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. It operates through the following segments: Body Exteriors and Structures; Power and Vision; Seating Systems; and Complete Vehicles. The Body Exteriors and Structures segment includes body and chassis systems, exterior systems and roof systems operations. The Power and Vision segment comprises of global powertrain systems, electronics systems, mirrors and lighting and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
Sector
Industrial Goods
Industry
Vehicles & Parts
CEO
Seetarama S. Kotagiri
Employees
158,000
ISIN
CA5592224011
Address
337 Magna Drive, Aurora, ON, L4G 7K1, CA

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

TSE:MG FAQ

What was Magna International’s price range in the past 12 months?
Magna International lowest stock price was C$57.42 and its highest was C$126.00 in the past 12 months.
    What is Magna International’s market cap?
    Magna International’s market cap is C$31.33B.
      What is Magna International’s price target?
      The average price target for Magna International is C$123.50. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is C$156.90 ,the lowest forecast is C$84.01. The average price target represents 18.54% Increase from the current price of C$104.19.
        What do analysts say about Magna International?
        Magna International’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
          When is Magna International’s upcoming earnings report date?
          Magna International’s upcoming earnings report date is Nov 05, 2021 which is in 15 days.
            How were Magna International’s earnings last quarter?
            Magna International released its earnings results on Aug 06, 2021. The company reported C$1.761 earnings per share for the quarter, missing the consensus estimate of C$1.798 by -C$0.037.
              Is Magna International overvalued?
              According to Wall Street analysts Magna International’s price is currently Undervalued.
                Does Magna International pay dividends?
                Magna International pays a Quarterly dividend of C$0.54 which represents an annual dividend yield of 2.16%. Magna International’s last Quarterly dividend payment was on Sep 03, 2021. Magna International’s upcoming ex-dividend date is Aug 19, 2021
                  What is Magna International’s EPS estimate?
                  Magna International’s EPS estimate for its next earnings report is not yet available.
                  How many shares outstanding does Magna International have?
                  Magna International has 300,720,000 shares outstanding.
                    What happened to Magna International’s price movement after its last earnings report?
                    Magna International reported an EPS of C$1.761 in its last earnings report, missing expectations of C$1.798. Following the earnings report the stock price went up 0.132%.
                      Which hedge fund is a major shareholder of Magna International?
                      Among the largest hedge funds holding Magna International’s share is Hotchkis & Wiley Capital Management LLC. It holds Magna International’s shares valued at 637M.

                        What's Included in PREMIUM?
                        Make informed decisions based on Top Analysts' activity
                        Know what industry insiders are buying
                        Get actionable alerts from top Wall Street Analysts
                        Find out before anyone else which stock is going to shoot up
                        Get powerful stock screeners & detailed portfolio analysis