Magellan Aerospace Corporation (TSX: MAL)

Canada flag Canada · Delayed Price · Currency is CAD
7.85
-0.03 (-0.38%)
May 17, 2024, 4:00 PM EDT
3.15%
Market Cap 448.84M
Revenue (ttm) 891.48M
Net Income (ttm) 11.70M
Shares Out 57.18M
EPS (ttm) 0.20
PE Ratio 39.25
Forward PE 11.33
Dividend 0.10 (1.27%)
Ex-Dividend Date Jun 14, 2024
Volume 5,904
Open 7.83
Previous Close 7.88
Day's Range 7.83 - 7.89
52-Week Range 7.02 - 8.67
Beta 1.09
Analysts n/a
Price Target 16.00 (+103.82%)
Earnings Date Aug 6, 2024

About Magellan Aerospace

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, cases, bypass ducts, engine shafts, engine processes, engine materials, metallic honeycomb, filament winding, compressor components, turbine components, and afterburner components, as well as small and large wing components, landing gear, horizontal and vertical stabilizers, and na... [Read more]

Sector Industrials
CEO Mr. Phillip Campion Underwood
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol MAL
Full Company Profile

Financial Performance

Financial Statements

News

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....

12 days ago - Business Wire

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 2024. All amounts are expressed in Canadian dollars u...

17 days ago - Business Wire

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...

19 days ago - Business Wire

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...

19 days ago - Business Wire

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 2023. All amounts are expressed in Canadian dollars ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

Magellan Aerospace Announces Contracts to Produce Aircraft Illumination Flares

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today, an agreement with the Canadian government for the provision of LUU-2 illumination flares for the Royal Canadian A...

5 months ago - Business Wire

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 2023. All amounts are expressed in Canadian dollars u...

6 months ago - Business Wire

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...

7 months ago - Business Wire

Magellan Aerospace Signs Agreement With the Boeing Company for Exhaust Systems

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a contract extension with The Boeing Company (“Boeing”), to manufacture large and complex nacelle e...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

Magellan Aerospace Awarded Redwing Space Domain Awareness Microsatellite Contract From the Government of Canada

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract with the Government of Canada to design, build, launch, and operate the Redwing microsatellite. Directe...

1 year ago - Business Wire

Magellan Aerospace Signs Agreement With Collins Aerospace for Complex Castings

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a significant long-term agreement (“LTA”) extension with Collins Aerospace (“Collins”), a Raytheon ...

1 year ago - Business Wire

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

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it will continue producing F-35 Lightning II (“F-35”) horizontal tail assemblies under an agreement with BA...

1 year ago - Business Wire

Magellan Aerospace Signs Multi-Year F-35 Lightning II Contract

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today, the award of a multi-year contract from Lockheed Martin Corporation (“LMCO”) for complex machined titanium comp...

1 year ago - Business Wire

Magellan Aerospace Awarded Multi-Year Contract From Sikorsky Aircraft Corporation

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract award from Sikorsky Aircraft Corporation (“Sikorsky”), a Lockheed Martin Company for low rate initial p...

1 year ago - Business Wire

Magellan Aerospace Signs Contract Extension with Safran Landing Systems

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced it has reached a five-year agreement with Safran Landing Systems (“Safran”) to manufacture complex machined landing gear...

2 years ago - Business Wire

Magellan Aerospace Signs Long Term Agreement With General Electric Aviation

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it has signed a long-term agreement with General Electric Aviation (“GE”) for the repair and overhaul (R&O) o...

2 years ago - Business Wire

Magellan Aerospace to Provide Satellite Avionics Subsystems for CHORUS, MDA's Next Generation Commercial Earth Observation Mission

TORONTO, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract award from MDA Ltd. (“MDA”) to provide spacecraft avionics for their next Earth observation mi...

2 years ago - Business Wire

Magellan Aerospace Secures Multi-year Airbus Contract Renewal

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract extension between Magellan Aerospace (UK) Limited and Airbus SAS (“Airbus”) for the supply of aluminum ...

3 years ago - Business Wire

Magellan Aerospace Secures Contract Extension With Boeing Commercial Aircraft

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced an agreement with Boeing Commercial Airplanes, a business unit of The Boeing Company on a contract extension for the sup...

3 years ago - Business Wire