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Magna International, Inc. (MGA)

Stock Price: $84.20 USD 1.89 (2.30%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
After-hours: $85.20 +1.00 (1.19%) Feb 26, 7:56 PM
Market Cap 25.30B
Revenue (ttm) 39.43B
Net Income (ttm) 1.77B
Shares Out 314.70M
EPS (ttm) 2.52
PE Ratio 33.41
Forward PE 13.16
Dividend $1.63
Dividend Yield 1.94%
Trading Day February 26
Last Price $84.20
Previous Close $82.31
Change ($) 1.89
Change (%) 2.30%
Day's Open 82.34
Day's Range 81.25 - 85.13
Day's Volume 1,685,171
52-Week Range 22.20 - 87.76

News

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GlobeNewsWire - 3 days ago

AURORA, Ontario, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Global automakers will soon be able to offer 3D surround-view systems in more vehicles, thanks to Magna's new surround view cameras and elec...

Zacks Investment Research - 3 days ago

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.

Zacks Investment Research - 3 days ago

Magna (MGA) expects 2021 revenues in the band of $40-$41.6 billion, implying a rise from $32.6 million recorded in 2020.

Zacks Investment Research - 4 days ago

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

GlobeNewsWire - 5 days ago

TROY, Mich., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Magna has broken ground on a new manufacturing facility in St. Clair, Michigan, that will build complex battery enclosures for the all-new 2022 G...

The Motley Fool - 1 week ago

Earnings and guidance were both pretty good.

The Motley Fool - 1 week ago

Net profit jumped 67% from a year ago. Here's why.

Benzinga - 1 week ago

Shares of Magna International (NYSE:MGA) rose 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 100.71% over the past year to $2.83...

GlobeNewsWire - 1 week ago

Fourth Quarter 2020 Highlights

Benzinga - 1 week ago

On Friday, February 19, Magna International (NYSE:MGA) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Zacks Investment Research - 1 week ago

Magna International (MGA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 1 week ago

Robust growth in Body Exteriors & Structures, Power Vision and Complete Vehicles segments during the October-December period likely to reflect on Magna's (MGA) Q4 results.

Zacks Investment Research - 2 weeks ago

Magna (MGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 2 weeks ago

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

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

Magna (MGA) closed at $76.39 in the latest trading session, marking a -0.59% move from the prior day.

PYMNTS - 2 weeks ago

After Hyundai dropped out of the race of making an autonomous car for Apple, other contenders might include BMW and Magna, 9To5Mac reported Tuesday (Feb. 9). Hyundai said last month that it wa...

Other stocks mentioned: AAPL, BMWYY
The Motley Fool - 3 weeks ago

With valuations so high, where are the best buys?

Other stocks mentioned: AAPL, BMWYY, F, FSR, GM, HYMTF, NIO, SNE, TSLA, VWAGY
Zacks Investment Research - 3 weeks ago

Concerns over global warming and governments' initiatives to support clean energy will push EV and related stocks like Ford (F), Magna (MGA) and NIO Ltd (NIO)

Other stocks mentioned: F, NIO, TSLA
Zacks Investment Research - 3 weeks ago

Magna (MGA) closed at $76.05 in the latest trading session, marking a -0.13% move from the prior day.

Zacks Investment Research - 3 weeks ago

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

The Motley Fool - 3 weeks ago

It's the latest SPAC to join the electric-vehicle gold rush.

Zacks Investment Research - 3 weeks ago

The Auto sector is anticipated to witness year-over-year earnings and sales growth of 76.9% and 3.8%, respectively, for the to-be-reported quarter. Stocks including F, LEA, AN, ALSN and MGA ar...

Other stocks mentioned: ALSN, AN, F, LEA
GlobeNewsWire - 1 month ago

AURORA, Ontario, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG ) (NYSE: MGA )

Zacks Investment Research - 1 month ago

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

Other stocks mentioned: GNTX
Zacks Investment Research - 1 month ago

Magna (MGA) closed at $75.80 in the latest trading session, marking a -0.26% move from the prior day.

InvestorPlace - 1 month ago

EV stocks were come of the top-performing stocks of 2020. But there are better auto stocks to buy at much more attractive valuations.

Other stocks mentioned: F, GM, KMX, RACE
Zacks Investment Research - 1 month ago

Biden's administration plans to address climate change and take ESG initiatives. This call for investing in Shopify (SHOP), Magna International (MGA), IDEXX Lab (IDXX), Facebook (FB) and PayPa...

Other stocks mentioned: FB, IDXX, PYPL, SHOP
Zacks Investment Research - 1 month ago

We have screened bargain stocks MGA, HUN, ANTM, ET and CACI based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.

Other stocks mentioned: ANTM, CACI, ET, HUN
Zacks Investment Research - 1 month ago

Top Ranked Momentum Stocks to Buy for January 19th

Other stocks mentioned: CPG, DKL, LB
Seeking Alpha - 1 month ago

Lately, there has been a lot of speculation that Apple will be launching an electric car. If Apple did release a car, Magna International could become a partner in parts and manufacturing.

Zacks Investment Research - 1 month ago

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

Zacks Investment Research - 1 month ago

Top Ranked Momentum Stocks to Buy for January 13th

Other stocks mentioned: BOOT, LB, NTIC
Zacks Investment Research - 1 month ago

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

The Motley Fool - 1 month ago

Valuations are stretched on Wall Street. Here are three stocks that look like good bargains.

Other stocks mentioned: HII, RTX
Yahoo Finance - 1 month ago

Investing 2021: People are rotating out of tech into some other sectors: Portfolio Manager

Santori Fund Founder and Portfolio Manager Dan Niles weighs in his outlook for the tech sector in 2021 and the social media space after the violence at the Capitol. For 2020 election results p...

Other stocks mentioned: GAN, JPM, ORCL, XLE
Zacks Investment Research - 1 month ago

Investors target stocks that have been on a bullish run, lately. Stocks seeing price strength have higher chances of carrying the momentum ahead.

Other stocks mentioned: CC, DAN, HUN, LEA, VSTO
Zacks Investment Research - 1 month ago

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

Other stocks mentioned: GNTX
Zacks Investment Research - 1 month ago

Does Magna (MGA) have what it takes to be a top stock pick for momentum investors? Let's find out.

CNBC Television - 1 month ago

Magna International's new CEO Swamy Kotagiri on navigating the auto startup boom

A new year brings a new CEO to global auto supplier Magna International. Swamy Kotagiri is a veteran of the company and knows all about adapting to the increasingly competitive, high-tech auto...

Zacks Investment Research - 1 month ago

Top Ranked Momentum Stocks to Buy for January 4th

Other stocks mentioned: EVR, SCHN, TSE
GlobeNewsWire - 1 month ago

AURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) --  Magna today confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to ...

GlobeNewsWire - 1 month ago

AURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Last October, Magna's Board of Directors announced the appointment of Swamy Kotagiri as Magna's next Chief Executive Officer, effective Janua...

Zacks Investment Research - 1 month ago

Top Ranked Momentum Stocks to Buy for December 31st

Other stocks mentioned: LAKE, NOG, VSTO
Zacks Investment Research - 2 months ago

The latest JV is set to help Magna International (MGA) and LG Electronics expand their electric powertrain offerings by capitalizing on existing engineering expertise and technological capabil...

Zacks Investment Research - 2 months ago

The auto sector is projected to witness year-on-year earnings growth of 58% in 2021. Amid the upbeat scenario, stocks like TSLA, MGA, CMI and ADNT are set to fly high next year.

Other stocks mentioned: ADNT, CMI, TSLA
The Motley Fool - 2 months ago

The auto supplier makes another move into the electric-vehicle segment.

InvestorPlace - 2 months ago

Magna International (MGA) stock is taking off on Wednesday after announcing plans to work alongside LG Electronics on EV parts. The post MGA Stock: Why Magna International Shares Are Driving H...

Benzinga - 2 months ago

South Korean electronics company LG Electronics Ltd has entered into a joint venture agreement with Canadian technology company Magna International Inc (NYSE: MGA), the two companies announced...

GlobeNewsWire - 2 months ago

Combines Strengths of Two Major Players in the Electric Powertrain Space to Accelerate Time to Market and Capitalize on Electrification Emergence Combines Strengths of Two Major Players in the...

Zacks Investment Research - 2 months ago

Is Magna International (MGA) a great pick from the value investor's perspective right now? Read on to know more.

About MGA

Magna International designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers (OEMs) of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body systems, chassis systems, and ?engineering and testing; exterior systems, including ?fascia and trims, ?front end modules, liftgate and door modules, ?active aerodynamic... [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 2019, MGA's revenue was $39.43 billion, a decrease of -3.42% compared to the previous year's $40.83 billion. Earnings were $1.77 billion, a decrease of -23.13%.

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for MGA stock is "Buy." The 12-month stock price forecast is 94.18, which is an increase of 11.85% from the latest price.

Price Target
$94.18
(11.85% upside)
Analyst Consensus: Buy