Magna International Inc. (TSX: MG)
Market Cap | 17.44B |
Revenue (ttm) | 57.63B |
Net Income (ttm) | 1.45B |
Shares Out | 287.34M |
EPS (ttm) | 5.07 |
PE Ratio | 11.98 |
Forward PE | 7.22 |
Dividend | 2.73 (4.50%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 1,838,830 |
Open | 59.00 |
Previous Close | 59.41 |
Day's Range | 59.00 - 61.20 |
52-Week Range | 51.79 - 79.98 |
Beta | 1.60 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 7, 2025 |
About Magna International
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aero... [Read more]
Financial Performance
In 2023, Magna International's revenue was $42.80 billion, an increase of 13.10% compared to the previous year's $37.84 billion. Earnings were $1.21 billion, an increase of 104.90%.
Financial numbers in USD Financial StatementsNews
Magna International: Weak Customer Positioning Creates Uncertain Future
Magna Accelerates Hybrid Innovation With First Dedicated Drive System Award
AURORA, Ontario, Nov. 19, 2024 (GLOBE NEWSWIRE) -- As OEMs increasingly prioritize hybrid solutions globally within their broader electrification strategies, Magna has secured its first award for a De...
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2...
Magna CEO says auto parts maker remains ‘resilient’ to industry headwinds
The head of Magna International Inc. says the Canadian automotive parts giant has successfully mitigated many of the challenges currently facing the auto industry by making marginal improvements acros...
Magna International Inc. (MGA) Q3 2024 Earnings Call Transcript
Magna International Inc. (NYSE:MGA) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ETCompany ParticipantsSwamy Kotagiri - CEOPatrick McCann - EVP...
Magna misses Q3 earnings and plans to resume buy back in Q4
Swamy Kotagiri, CEO of Magna International, talks about the company missing its Q3 earnings and plans to buy back in Q4.
Magna International lowers guidance amid global production slump
Sales hit by softer than anticipated light vehicle production in North America and Europe
Magna International Misses On Q3 Earnings, Plans To Resume Buybacks From Q4
Magna International (NYSE: MGA) shares are trading higher in the premarket session on Friday. The company reported that the third quarter adjusted earnings per share was $1.28, missing the street vie...
Magna's bleak Q3 results offset by accelerated buyback, sales revisions
Magna International (MGA) reported downbeat Q3 results and revised guidance lower, but shares rally on buyback plan, FY24 outlook. Read more here.
Magna International misses Q3 estimates, updates FY outlook
Magna Announces Third Quarter 2024 Results
AURORA, Ontario, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2024.
Magna International Q3 2024 Earnings Preview
Exploring Magna International's Earnings Expectations
Magna International (NYSE: MGA) is preparing to release its quarterly earnings on Friday, 2024-11-01. Here's a brief overview of what investors should keep in mind before the announcement. Analysts e...
Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM
AURORA, Ontario, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Magna is accelerating the industry's move toward a cleaner future with the debut of its innovative Dual Clutch Transmission Eco (DCT Eco) solution fo...
Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate
Magna Announces Date for Q3 2024 Results Call
AURORA, Ontario, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC.
Dividends Don't (Usually) Lie
September 30, 2024 (Maple Hill Syndicate) – Geraldine Weiss, who died two years ago at age 96, was a successful investment newsletter writer at a time when few women were prominent in finance. She wro...
Magna Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Shares of Magna International (NYSE: MGA) have lost 7.9% since the company reported second-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.35 per share, which decli...
Magna Recommends Rejection of "Mini-Tender" Offer
AURORA, Ontario, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported that it has received notice of an unsolicited mini-tender offer made by TRC Capital Inve...
'It's a lie,' billionaire Frank Stronach says of 13 sex crime charges filed against him
Former Magna International CEO speaks for the first time since his arrest, telling The Fifth Estate he did nothing wrong, while one of his complainants recounts her allegations of a 1980 rape after a ...
Magna International: No Rush To Start A Position
Magna International (MGA) Q2 2024 Earnings Call Transcript
Auto Parts Manufacturer Magna Shares Slide On Q2 Earnings Miss, Outlook Cut: Details
Magna International, Inc. (NYSE: MGA) shares are trading lower after reporting second-quarter results. The company reported adjusted earnings per share of $1.35, which missed the street view of $1.44...
Magna International sees Q2 net income hit US$328 million
Magna International Inc. says its second-quarter profit tumbled from a year ago to US$328 million.
Auto parts supplier Magna's quarterly results miss on fewer vehicle assemblies
Canada's Magna International missed analysts' estimates for second-quarter results, hurt by production being stopped for certain vehicles and lower volumes of automobiles assembled, sending the auto p...