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Magna International, Inc. (MGA)

Stock Price: $94.43 USD 1.50 (1.61%)
Updated Jun 24, 2021 1:42 PM EDT - Market open
Market Cap 28.04B
Revenue (ttm) 34.17B
Net Income (ttm) 1.11B
Shares Out 301.51M
EPS (ttm) 3.70
PE Ratio 25.51
Forward PE 12.58
Dividend $1.66
Dividend Yield 1.76%
Trading Day June 24
Last Price $94.43
Previous Close $92.93
Change ($) 1.50
Change (%) 1.61%
Day's Open 96.87
Day's Range 94.29 - 97.36
Day's Volume 1,083,252
52-Week Range 41.38 - 104.28

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Magna (MGA) closed the most recent trading day at $92.60, moving +0.97% from the previous trading session.

1 day ago - Zacks Investment Research

Electric vehicle manufacturer Fisker Inc (NYSE: FSR) has signed a binding agreement for manufacturing with Magna International Inc (NYSE: MGA), a Canadian mobility technology company. The agreement fina...

Other stocks mentioned: FSR
6 days ago - Benzinga

According to the GuruFocus All-in-One Screener as of June 17, the following cyclical companies are popular among gurus.

Other stocks mentioned: AZO, BBY, DHI, YUMC
1 week ago - GuruFocus

In the latest trading session, Magna (MGA) closed at $96.52, marking a -1.83% move from the previous day.

1 week ago - Zacks Investment Research

AURORA, Ontario, June 07, 2021 (GLOBE NEWSWIRE) -- Magna is pushing vehicle design possibilities with its new innovative Surface Element Lighting technology which offers a new palette of options for aut...

2 weeks ago - GlobeNewsWire

Magna (MGA), which remains focused on innovation and technology development, expects hybrid and electric technologies to bolster the top line, going forward.

4 weeks ago - Zacks Investment Research

Magna (MGA) now expects full-year revenues in the band of $40.2-$41.8 billion, up from the previous forecast of $40-$41.6 billion.

1 month ago - Zacks Investment Research

U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery...

Other stocks mentioned: APTV, BWA, F, LEA, VWAGY
1 month ago - Reuters

AURORA, Ontario, May 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2021 annual meeting of shareholders held on May 6, 2021. A total o...

1 month ago - GlobeNewsWire

Magna (MGA) delivered earnings and revenue surprises of 18.47% and 7.52%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AURORA, Ontario, May 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2021. Please click HERE for full fi...

1 month ago - GlobeNewsWire

Our proven model does not conclusively predict an earnings beat for Magna (MGA) this time around as it does not have the right mix of elements.

1 month ago - Zacks Investment Research

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Magna (MGA) closed at $99.18 in the latest trading session, marking a +0.08% move from the prior day.

1 month ago - Zacks Investment Research

Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

AURORA, Ontario, April 22, 2021 (GLOBE NEWSWIRE) -- Magna enters a new era in the company's sustainability journey with its announcement to achieve carbon neutrality in its operations by 2025 in Europe ...

2 months ago - GlobeNewsWire

AURORA, Ontario, April 20, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)

2 months ago - GlobeNewsWire

MGA vs. GNTX: Which Stock Is the Better Value Option?

Other stocks mentioned: GNTX
2 months ago - Zacks Investment Research

Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

2 months ago - Zacks Investment Research

In the latest trading session, Magna (MGA) closed at $95.75, marking a +1.92% move from the previous day.

2 months ago - Zacks Investment Research

Magna (MGA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

By following broker rating upgrades, one can easily find attractive, profitable stocks. Hence, we choose Dana Incorporated (DAN), Magna International Inc. (MGA) and Westlake Chemical (WLK) as these are ...

Other stocks mentioned: DAN, WLK
2 months ago - Zacks Investment Research

Magna International (NYSE:MGA) has observed the following analyst ratings within the last quarter:   Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 0 Somewhat Bullish 1 0 2 1 Indiffere...

2 months ago - Benzinga

One of the most anticipated contracts of 2021 could be the manufacturers of Apple's planned electric vehicles. A Magna International (NYSE: MGA) and LG joint venture could come out the winner, according...

2 months ago - Benzinga

Canadian auto supplier and contract manufacturer Magna International Inc (NYSE: MGA) jumps the electric vehicle (EV) bandwagon by devising a modular EV with Israeli EV and battery-related start-up REE A...

2 months ago - Benzinga

Magna (MGA) closed the most recent trading day at $89.50, moving -0.23% from the previous trading session.

2 months ago - Zacks Investment Research

MGA vs. GNTX: Which Stock Is the Better Value Option?

Other stocks mentioned: GNTX
2 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Investing in CCIV stock will only get you a 16% stake in Lucid, but the shares have short-term catalysts for retail traders to play . The post The Boom Cycle for Churchill Capital Corp IV Is Over, But S...

Other stocks mentioned: CCIV, FSR, MZDAY, TSLA, VWAGY
2 months ago - InvestorPlace

Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

2 months ago - Zacks Investment Research

These 20 Canadian Dividend Aristocrats trade on either the NYSE or Nasdaq, and have increased their dividends annually for at least seven years.

Other stocks mentioned: AQN, BAM, BCE, BIP, BNS, CM, CNI ...
2 months ago - Kiplinger

AURORA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2020 Annual Report, including Management's Discussion and Analysis and Audited ...

2 months ago - GlobeNewsWire

Magna (MGA) closed the most recent trading day at $86.71, moving +0.24% from the previous trading session.

2 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in Magna International Inc. (MGA).

3 months ago - Zacks Investment Research

Magna (MGA) closed the most recent trading day at $91.81, moving +0.69% from the previous trading session.

3 months ago - Zacks Investment Research

Magna International CEO on becoming a mobility technology company

YouTube video

Magna International CEO Seetarama Kotagiri explained why he sees the automotive supplier as a $40 billion start-up with a 60 year history serving a complex, high-tech end market.

3 months ago - CNBC Television

Magna (MGA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

3 months ago - Zacks Investment Research

MGA vs. GNTX: Which Stock Is the Better Value Option?

Other stocks mentioned: GNTX
3 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

3 months ago - Zacks Investment Research

Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

3 months ago - Zacks Investment Research

Magna (MGA) closed at $92.92 in the latest trading session, marking a +1.37% move from the prior day.

3 months ago - Zacks Investment Research

Magna International (MGA), The Mosaic Company (MOS), Louisiana-Pacific Corporation (LPX), Abercrombie & Fitch (ANF) and Moelis & Company (MC) are five stocks with explosive relative price strength.

Other stocks mentioned: ANF, LPX, MC, MOS
3 months ago - Zacks Investment Research

AURORA, Ontario, March 11, 2021 (GLOBE NEWSWIRE) -- Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future. Today, the journey to a c...

3 months ago - GlobeNewsWire

We have screened value stocks MGA, GCO, USAK, LPL and OC based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.

Other stocks mentioned: GCO, LPL, OC, USAK
3 months ago - Zacks Investment Research

Magna (MGA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

The company provided an optimistic outlook indicating it is on the right road.

3 months ago - The Motley Fool

Level up your portfolio with high earnings yield stocks including ArcelorMittal (MT), Moderna, (MRNA), Shell (RDS.A), Magna (MGA), Winnebago (WGO).

Other stocks mentioned: MRNA, MT, WGO
3 months ago - Zacks Investment Research

3 Model Zacks Buys

Other stocks mentioned: DOW, MAT
3 months ago - Zacks Investment Research

ARJEPLOG, Sweden, March 04, 2021 (GLOBE NEWSWIRE) -- Magna's roadmap to e-mobility now includes the company's all-new connected PHEV drivetrain and next gen battery electric drive systems. Debuting toda...

3 months ago - GlobeNewsWire

About MGA

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modul... [Read more...]

Industry
Auto Parts
Founded
1957
CEO
Donald Walker
Employees
158,000
Stock Exchange
NYSE
Ticker Symbol
MGA
Full Company Profile

Financial Performance

In 2020, MGA's revenue was $32.65 billion, a decrease of -17.20% compared to the previous year's $39.43 billion. Earnings were $757.00 million, a decrease of -57.11%.

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for MGA stock is "Buy." The 12-month stock price forecast is 108.67, which is an increase of 15.09% from the latest price.

Price Target
$108.67
(15.09% upside)
Analyst Consensus: Buy