Magellan Aerospace Corporation (TSX:MAL)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.53B +94.3% |
| Revenue (ttm) | 1.07B +10.4% |
| Net Income | 45.09M +12.7% |
| EPS | 0.79 +12.9% |
| Shares Out | 57.08M |
| PE Ratio | 34.00 |
| Forward PE | 18.89 |
| Dividend | 0.20 (0.75%) |
| Ex-Dividend Date | Jun 16, 2026 |
| Volume | 119,848 |
| Average Volume | 57,078 |
| Open | 24.51 |
| Previous Close | 24.57 |
| Day's Range | 24.36 - 27.39 |
| 52-Week Range | 15.05 - 27.84 |
| Beta | 0.33 |
| RSI | 59.64 |
| Earnings Date | May 8, 2026 |
About Magellan Aerospace
Magellan Aerospace Corporation 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, wing ribs, spars and skins,... [Read more]
Financial Performance
In 2025, Magellan Aerospace's revenue was 1.04 billion, an increase of 10.86% compared to the previous year's 942.37 million. Earnings were 39.44 million, an increase of 11.14%.
Financial StatementsNews
Magellan Aerospace price target raised to C$30 from C$27 at TD Securities
TD Securities raised the firm’s price target on Magellan Aerospace (MALJF) to C$30 from C$27 and keeps a Buy rating on the shares.
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 2026. All amounts are expressed in Canadian dollars u...
Magellan Aerospace (MALJF) Announces Quarterly Dividend of $0.05 per Share
Magellan Aerospace (MALJF) Announces Quarterly Dividend of $0.05 per Share
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 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 Transcript: AGM 2026
Shareholders approved all resolutions, including director elections and auditor appointment. Revenues and profits grew significantly in 2025, with major contract wins and a strategic focus on defense and automation. No questions were raised by stakeholders.
Andrey Omelchak's Top Picks: Magellan Aerospace, Stingray Group & Black Diamond Group
Andrey Omelchak, CEO & CIO at LionGuard Capital Management, shares his top stock picks to watch in the market.
Magellan Aerospace initiated with an Outperform at ATB Capital
ATB Capital initiated coverage of Magellan Aerospace (MALJF) with an Outperform rating and C$31 price target
Magellan Aerospace price target raised to C$25 from C$24 at TD Securities
TD Securities raised the firm’s price target on Magellan Aerospace (MALJF) to C$25 from C$24 and keeps a Buy rating on the shares.
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 Transcript: AGM 2025
The meeting reviewed a strong recovery in revenue and profit, with 2024 sales up 7% and a return to pre-pandemic levels expected in 2025. Strategic growth in Defence and commercial aerospace, efficiency initiatives, and ESG alignment were highlighted, while all board and auditor votes passed with strong support.
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 ...
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 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 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 Transcript: AGM 2024
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...
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...
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...
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...
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 ...
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...
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...
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...
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...