Magna International Inc. (MGA)

NYSE: MGA · Real-Time Price · USD
32.32
-0.47 (-1.43%)
At close: Apr 15, 2025, 4:00 PM
32.21
-0.11 (-0.35%)
After-hours: Apr 15, 2025, 7:00 PM EDT
-1.43%
Market Cap 9.22B
Revenue (ttm) 42.84B
Net Income (ttm) 1.01B
Shares Out 281.74M
EPS (ttm) 3.52
PE Ratio 9.19
Forward PE 6.83
Dividend $1.94 (6.00%)
Ex-Dividend Date Feb 28, 2025
Volume 1,271,712
Open 32.40
Previous Close 32.79
Day's Range 31.94 - 33.33
52-Week Range 30.39 - 50.18
Beta 1.73
Analysts Hold
Price Target 43.46 (+34.47%)
Earnings Date May 2, 2025

About MGA

Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers battery enclosures, battery trays, fully assembled body-in-white modules, and chassis systems, such as suspension links and arms, twist axle, carbon fiber subframe, and frame assemblies; cameras, thermal sensing, radar, interior sensing systems, domain controllers, and modules for chassis control, glow plu... [Read more]

Industry Auto Parts
Founded 1957
Employees 168,000
Stock Exchange NYSE
Ticker Symbol MGA
Full Company Profile

Financial Performance

In 2024, Magna International's revenue was $42.84 billion, an increase of 0.09% compared to the previous year's $42.80 billion. Earnings were $1.01 billion, a decrease of -16.82%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for MGA stock is "Hold." The 12-month stock price forecast is $43.46, which is an increase of 34.47% from the latest price.

Price Target
$43.46
(34.47% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Magna International Inc. Announces Date for First Quarter 2025 Results Webcast

AURORA, Ontario, April 08, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA INTERNATIONAL INC. ANNOUNCES DATE FOR FIRST QUARTER 2025 RESULTS WEBCAST FRIDAY, MAY 2 nd , 2025...

7 days ago - GlobeNewsWire

Magna to Showcase Advanced Innovations at Auto Shanghai 2025

SHANGHAI, April 08, 2025 (GLOBE NEWSWIRE) -- For over 65 years, Magna has been at the forefront of automotive innovation. For the first time, the company will exhibit at Auto Shanghai 2025, presenting...

7 days ago - GlobeNewsWire

Magna Posts 2024 Annual Report

AURORA, Ontario, March 28, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2024 Annual Report, including Management's Discussion and Analysis and Audite...

18 days ago - GlobeNewsWire

Auto suppliers face more dire circumstances than automakers amid Trump tariffs

Automotive suppliers face bigger repercussions from Trump's proposed tariffs than automakers, but their problems could quickly have ripple effects on the broader industry. Most vehicles produced in No...

Other symbols: ADNTAPTVAXLLEA
27 days ago - CNBC

10 Undervalued Dividend Growth Stocks: March 2025

I rank a selection of undervalued dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for consideration. I use two valuation screens, one based on my fair value estimate, an...

Other symbols: BMYOPFEPRUTGTTROWUPS
27 days ago - Seeking Alpha

Magna and NVIDIA Team Up to Advance Next-Gen Automotive Technologies

AURORA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) -- Magna, a global leader in mobility technology, today announced a program in collaboration with NVIDIA to integrate the NVIDIA DRIVE AGX platform wit...

4 weeks ago - GlobeNewsWire

Auto tariffs would be 'really hard on supply base', says fmr. Ford CEO Mark Fields

Mark Fields, Former Ford CEO, joins 'Closing Bell Overtime' to talk the impact of tariffs on automakers.

Other symbols: APTVBWAGT
5 weeks ago - CNBC Television

Magna International: Pivoting Strong Towards A Positive 2026

Magna International posted a positive FY 2024 report, beating analysts' EPS consensus estimate, and showing improved EBIT and effective cost management. The company is undervalued with a trailing P/E ...

7 weeks ago - Seeking Alpha

14 Upcoming Dividend Increases, Including A King

S&P Global extends its 52-year dividend growth streak with a 5.5% increase, highlighting financial health and stability. My strategy focuses on stocks with consistent dividend growth and outperforming...

Other symbols: AVABCBIPCSXEQIXKNSLMCO
7 weeks ago - Seeking Alpha

Magna International Inc. (MGA) Q4 2024 Earnings Call Transcript

Magna International Inc. (NYSE:MGA) Q4 2024 Earnings Conference Call February 14, 2025 8:00 AM ET Company Participants Louis Tonelli - VP, IR Swamy Kotagiri - CEO Patrick McCann - EVP and CFO Confere...

2 months ago - Seeking Alpha

Magna Announces Fourth Quarter 2024 Results and 2025 Outlook

Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle production Diluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, c...

2 months ago - GlobeNewsWire

Magna Expands Long-Term Innovation Partnership with Mercedes-Benz

AURORA, Ontario, Feb. 11, 2025 (GLOBE NEWSWIRE) -- For several decades, Magna has been a strategic partner to Mercedes-Benz, creating a legacy of innovation and excellence. This collaboration has span...

2 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ET Company Participants Swamy Kotagiri - CEO Patrick McCann - EVP and CFO Louis Tonelli - VP, IR Conferen...

5 months ago - Seeking Alpha

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.

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate

Magna International, a multinational mobility solutions and technology company for automakers, is now a $12 billion (by market cap) leading manufacturer. Manga increased its dividend for 15 consecutiv...

6 months ago - Seeking Alpha

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.

7 months ago - GlobeNewsWire

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...

Other symbols: UGIUSBWBA
7 months ago - GuruFocus

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...

8 months ago - GlobeNewsWire

Magna International: No Rush To Start A Position

Magna International Inc. reported Q2 earnings with flat sales, missed EPS, and lower EBIT compared to the previous year. The company attributed lackluster performance to the global automotive slump, e...

9 months ago - Seeking Alpha

Magna International (MGA) Q2 2024 Earnings Call Transcript

Magna International Inc. (NYSE:MGA) Q2 2024 Earnings Conference Call August 2, 2024 8:00 AM ET Company Participants Swamy Kotagiri - Chief Executive Officer Patrick McCann - Executive Vice President,...

9 months ago - Seeking Alpha

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...

9 months ago - Reuters

Magna Announces Second Quarter 2024 Results

AURORA, Ontario, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2024.

9 months ago - GlobeNewsWire