Magellan Aerospace Corporation (TSX:MAL)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.95B +89.6% |
| Revenue (ttm) | 1.17B +16.1% |
| Net Income | 66.86M +49.4% |
| EPS | 1.17 +50.1% |
| Shares Out | 57.08M |
| PE Ratio | 29.15 |
| Forward PE | 18.08 |
| Dividend | 0.20 (0.58%) |
| Ex-Dividend Date | Dec 17, 2026 |
| Volume | 66,692 |
| Open | 36.41 |
| Previous Close | 36.24 |
| Day's Range | 34.00 - 36.61 |
| 52-Week Range | 15.98 - 45.70 |
| Beta | 0.32 |
| Analysts | Strong Buy |
| Price Target | 46.00 (+34.39%) |
| Est. Earnings | Mar 25, 2027 |
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 StatementsAnalyst Summary
According to 3 analysts, the average rating for MAL stock is "Strong Buy." The 12-month stock price target is $46.00, which is an increase of 34.39% from the latest price.
News
Magellan Aerospace price target raised to C$46 from C$45 at TD Securities
TD Securities analyst Tim James raised the firm’s price target on Magellan Aerospace (MALJF) to C$46 from C$45 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 third quarter of 2026. All amounts are expressed in Canadian dollars u...
Magellan Aerospace Report: Q3 2026
Magellan Aerospace published a report on November 10, 2026 containing material business information for investors and shareholders.
Magellan Aerospace MD&A: Q3 2026
Magellan Aerospace filed a regulatory document on November 10, 2026 disclosing important business information.
Magellan Aerospace Earnings release: Q3 2026
Magellan Aerospace released its Q3 2026 earnings on November 10, 2026, summarizing the period's financial results.
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 Memorandum of Understanding (MoU) with Saab to Explore Gripen Manufacturing Opportunities in Canada
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) today announced the signing of a Memorandum of Understanding (MoU) with Saab to explore local manufacturing of advanced aerostruct...
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 2026. All amounts are expressed in Canadian dollars ...
Magellan Aerospace MD&A: Q2 2026
Magellan Aerospace filed a regulatory document on August 12, 2026 disclosing important business information.
Magellan Aerospace Report: Q2 2026
Magellan Aerospace published a report on August 12, 2026 containing material business information for investors and shareholders.
Magellan Aerospace Earnings release: Q2 2026
Magellan Aerospace released its Q2 2026 earnings on August 12, 2026, summarizing the period's financial results.
GE Aerospace, Magellan Aerospace sign MOU for F414-GE-39E MRO in Canada
GE Aerospace (GE) and Magellan Aerospace (MALJF) signed a strategic memorandum of understanding, or MOU, to establish maintenance, repair, and overhaul, or MRO, capabilities in Canada for the F414-GE-...
GE Aerospace, Magellan Aerospace sign MOU for F414 sustainment
GE Aerospace (GE) and Magellan Aerospace (MALJF) signed a strategic Memorandum of Understanding to establish maintenance, repair, and overhaul capabilities in Canada for the F414-GE-39E engine that po...
Magellan Aerospace announces renewal of normal course issuer bid
Magellan Aerospace (MALJF) announced that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid through facilities of the Toronto Stock Exchange and…
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 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 Earnings release: Q1 2026
Magellan Aerospace released its Q1 2026 earnings on May 11, 2026, summarizing the period's financial results.
Magellan Aerospace Report: Q1 2026
Magellan Aerospace published a report on May 11, 2026 containing material business information for investors and shareholders.
Magellan Aerospace MD&A: Q1 2026
Magellan Aerospace filed a regulatory document on May 11, 2026 disclosing important business information.
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.
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 Earnings release: Q4 2025
Magellan Aerospace released its Q4 2025 earnings on March 27, 2026, summarizing the period's financial results.
Magellan Aerospace Report: Q4 2025
Magellan Aerospace published a report on March 27, 2026 containing material business information for investors and shareholders.