Magellan Aerospace Corporation (MALJF)
Market Cap | 695.31M |
Revenue (ttm) | 673.48M |
Net Income (ttm) | 27.83M |
Shares Out | n/a |
EPS (ttm) | 0.49 |
PE Ratio | 24.98 |
Forward PE | 15.90 |
Dividend | 0.07 (0.59%) |
Ex-Dividend Date | Mar 19, 2025 |
Volume | 504 |
Average Volume | 1,246 |
Open | 12.27 |
Previous Close | 12.17 |
Day's Range | 12.27 - 12.27 |
52-Week Range | 5.84 - 12.27 |
Beta | 0.49 |
RSI | 78.48 |
Earnings Date | May 2, 2025 |
About Magellan Aerospace
Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, ... [Read more]
Financial Performance
In 2024, Magellan Aerospace's revenue was 942.37 million, an increase of 7.13% compared to the previous year's 879.62 million. Earnings were 35.49 million, an increase of 283.76%.
Financial numbers in CAD Financial StatementsNews
Magellan Aerospace GAAP EPS of C$0.19, revenue of C$260.9M

Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2025. All amounts are expressed in Canadian dollars u...

Magellan Aerospace Announces Report on Voting Results for Directors
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nom...

Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per shar...

Magellan Aerospace Signs Long-Term Agreements With Pratt & Whitney Canada
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of important agreements (LTAs) with Pratt & Whitney Canada. Pratt & Whitney is an RTX business. These ...

Parts supplier sues Magellan Aerospace in Winnipeg for $1.5M, claiming invoices unpaid
A company that makes components for military aircraft in Winnipeg is being sued for more than $1.5 million by a supplier that claims it hasn't been paid for parts it supplied.
Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog
Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog

Magellan Aerospace Upgraded To Strong Buy On Aerospace Growth
Magellan Aerospace's stock price surged 38% since my December buy rating, outperforming the S&P 500's 2.6% increase, prompting a price target upgrade. Despite limited program details, Magellan's expos...
Magellan Aerospace reports Q4 results

Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2024. All amounts are expressed in Canadian dollars ...

Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...

Magellan Aerospace Partners With Aequs Private Limited to Explore Setting Up a Sand Casting Facility in India
TORONTO & BELAGAVI, India--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced the signing of a Memorandum of Understanding (MOU) today with Aequs Private Limited (“Aequs”) to explo...
Magellan Aerospace: A Stock To Buy On Boeing And Airbus Production Ramp-Up
Magellan Aerospace GAAP EPS of C$0.10, revenue of C$223.51M

Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the third quarter of 2024. All amounts are expressed in Canadian dollars u...

Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...
Microsatellite Project to Monitor Objects in Space Over Canada, South Pole
TORONTO — An exciting new satellite project to monitor and protect the Earth’s orbital environment is underway. University of Manitoba (UM) and Magellan Aerospace (Magellan), in collaboration with Can...

Magellan Aerospace: A Strong Stock To Buy On Aerospace Growth
Magellan Aerospace offers strong growth potential in the aerospace industry, backed by key programs with Boeing and Airbus. Learn more on MALJF stock here.

Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2024. All amounts are expressed in Canadian dollars ...

Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...

Magellan Aerospace Partners With Aequs to Explore Setting up India Based Engine MRO Business
FARNBOROUGH, England--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited (“Aequs”) to explore th...

Magellan Aerospace Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to ma...

Magellan Aerospace Signs Agreement With Peraton to Support NASA Sounding Rocket Program
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant vehicles and hardware to Peraton in support of the NASA Sounding Rocket Program....

Magellan Aerospace Announces Report on Voting Results for Directors
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nom...

Magellan Aerospace Awarded Multi-Year Contract for Airbus Single Aisle Aircraft Components
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today an agreement between Magellan Aerospace (UK) Limited and Airbus to continue to supply major structural wing compon...