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Magna Inc Stock , MGA

50.20 +0.02 +0.04%
Official Close 3/17/2023 NYSE
News Analyst Data Analyst Opinions Insider Activity Dividend Calendar

Is Magna stock a Buy, Sell or Hold? Magna stock has received a consensus rating of buy. The average rating score is and is based on 30 buy ratings, 20 hold ratings, and 0 sell ratings.
What was the 52-week low for Magna stock? The low in the last 52 weeks of Magna stock was 45.58. According to the current price, Magna is 110.09% away from the 52-week low.
What was the 52-week high for Magna stock? The high in the last 52 weeks of Magna stock was 68.91. According to the current price, Magna is 72.82% away from the 52-week high.
What are analysts forecasts for Magna stock? The 50 analysts offering price forecasts for Magna have a median target of 78.52, with a high estimate of 120.00 and a low estimate of 51.00. The median estimate represents a 63.91 difference from the last price of 50.18.

Magna Stock Snapshot

50.18
Bid
5,000.00
Bid Size
50.19
Ask
1,200.00
Ask Size
3/17/2023
Date
4:15 PM
Time
389,246.00
Volume
51.48
Prev. Close
50.93
Open
14.57 B
Market Cap
285.82 M
Number of Shares
49.63
Day Low
51.04
Day High
50.18
45.58
52 Week Low
68.91
52 Week High
50.18
2.47
Dividend
3.44
Dividend Yield
14.17
P/E Ratio
92.71
Free Float in %
6.18
EPS 2023
58.71
Book Value per Share
13.99
Cash Flow per Share

Magna Historical Prices

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Date Open Close Daily High Daily Low
Price change over selected period: 0% 0

Magna Analyst Data

Total Analysts: 50
Buy Ratings: 30 Neutral Ratings: 20 Sell Ratings: 0
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 51.00 Median: 78.52 Highest: 120.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Magna Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
02/16/23 Morgan Stanley
Maintained Buy $65
02/15/23 Barclays Capital
Maintained Hold $60
02/14/23 RBC Capital Markets
Maintained Buy $58
02/13/23 BMO Capital Markets
Maintained Buy $65
02/13/23 Citigroup Corp.
Maintained Hold $53
02/13/23 Wells Fargo & Co
Maintained Hold $51
02/13/23 Raymond James Financial, Inc.
Maintained Hold $56
02/01/23 BMO Capital Markets
Upgraded to Buy $74
01/25/23 TD Securities
Downgraded to Hold $69
01/17/23 Wells Fargo & Co
Maintained Hold $63
01/09/23 Bank of America Merrill Lynch
Downgraded to Hold $72
12/21/22 Wells Fargo & Co
Maintained Hold $60
12/14/22 Wells Fargo & Co
Downgraded to Hold $62
11/23/22 Citigroup Corp.
Downgraded to Hold $62
11/08/22 The Benchmark Company
Maintained Buy $73
11/07/22 Morgan Stanley
Maintained Buy $72
11/07/22 RBC Capital Markets
Maintained Buy $65
10/11/22 Goldman Sachs
Maintained Buy $66
09/28/22 Citigroup Corp.
Maintained Buy $62
09/09/22 Bank of America Merrill Lynch
Maintained Buy $106
07/14/22 Morgan Stanley
Maintained Buy $79
07/11/22 Wells Fargo & Co
Maintained Buy $77
06/01/22 Morgan Stanley
Maintained Buy $84
06/01/22 Goldman Sachs
Maintained Buy $72
05/03/22 Barclays Capital
Maintained Hold $64
05/02/22 Credit Suisse
Maintained Buy $78
05/02/22 Wells Fargo & Co
Maintained Buy $72
05/02/22 RBC Capital Markets
Maintained Buy $79
05/02/22 Citigroup Corp.
Maintained Buy $77
04/07/22 Barclays Capital
Maintained Hold $68
04/06/22 Morgan Stanley
Maintained Buy $90
04/01/22 Wells Fargo & Co
Maintained Buy $80
03/22/22 Goldman Sachs
Maintained Buy $88
03/16/22 Raymond James Financial, Inc.
Upgraded to Hold $68
03/08/22 BMO Capital Markets
Downgraded to Buy $63
02/14/22 Credit Suisse
Maintained Buy $100
12/16/21 Barclays Capital
Maintained Hold $72
12/16/21 Wells Fargo & Co
Upgraded to Buy $93
11/12/21 Credit Suisse
Maintained Buy $105
11/08/21 Wells Fargo & Co
Maintained Hold $84
10/11/21 Barclays Capital
Downgraded to Hold $87
10/05/21 Wells Fargo & Co
Maintained Hold $84
09/27/21 Goldman Sachs
Maintained Buy $102
08/11/21 Credit Suisse
Maintained Buy $115
07/26/21 Wells Fargo & Co
Maintained Hold $88
06/24/21 Goldman Sachs
Upgraded to Buy $120
05/10/21 Credit Suisse
Maintained Buy $120
04/14/21 Credit Suisse
Maintained Buy $111
04/14/21 Morgan Stanley
Upgraded to Hold $96
03/26/21 Wells Fargo & Co
Maintained Hold $96

Magna Estimates* in CAD

  2023 2024 2025 2026 2027
Revenue 54,411 58,225 61,268 67,936 71,026
Dividend 2.47 2.52 2.61 2.40 2.40
Dividend Yield (in %) 3.44 % 3.51 % 3.63 % 3.34 % 3.34 %
EPS 6.18 8.17 10.68 12.29 13.95
P/E Ratio 11.27 8.52 6.52 5.66 4.99
EBIT 2,509 3,256 4,083 4,764 5,396
EBITDA 4,464 5,384 6,214 - -
Net Profit 1,713 2,387 2,979 3,517 3,996
Net Profit Adjusted 1,713 2,387 2,979 3,517 3,996
Pre-Tax Profit 2,239 3,131 3,936 4,803 5,448
Net Profit (Adjusted) 2,384 3,214 - - -
EPS (Non-GAAP) ex. SOE 6.18 8.17 10.68 12.29 13.95
EPS (GAAP) 6.20 8.60 - - -
Gross Income 6,765 7,660 - 10,063 10,936
Cash Flow from Investing -4,495 -3,113 -3,028 -2,717 -2,841
Cash Flow from Operations 3,897 4,492 5,188 5,610 6,166
Cash Flow from Financing 1,374 -1,397 -1,813 -687 -687
Cash Flow per Share 13.99 17.60 20.32 - -
Free Cash Flow 599 1,283 2,160 2,893 3,325
Free Cash Flow per Share 1.30 5.17 9.07 - -
Book Value per Share 58.71 64.46 72.97 - -
Net Debt 4,454 3,765 2,922 - -
Research & Development Exp. 1,102 1,115 1,128 - -
Capital Expenditure 3,205 3,001 3,028 2,717 2,841
Selling, General & Admin. Exp. - 3,205 - 5,299 5,540
Shareholder’s Equity 15,351 16,325 17,184 20,463 23,771
Total Assets 39,470 40,965 42,618 45,568 49,357
  Previous Quarter
ending 12/31/22 		Current Quarter Next Quarter
ending 06/30/23 		Current Year
ending 12/31/23 		Next Year
ending 12/31/24
Earnings Estimates
No. of Analysts 13 - 13 15 14
Average Estimate 1.346 CAD - 1.488 CAD 6.176 CAD 8.169 CAD
Year Ago 1.649 CAD - 1.064 CAD 5.475 CAD 6.176 CAD
Publish Date 2/10/2023 - 8/10/2023 - -
Revenue Estimates
No. of Analysts 13 - 11 14 13
Average Estimate 12,772 CAD - 13,545 CAD 54,411 CAD 58,225 CAD
Year Ago 11,557 CAD - 11,996 CAD 50,532 CAD 54,411 CAD
Publish Date 2/10/2023 - 8/10/2023 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Magna Dividend Calendar

Date Name Dividend *yield Currency
2022 Magna Inc 2.34 3.08 CAD
2021 Magna Inc 2.16 2.11 CAD
2020 Magna Inc 2.15 2.38 CAD
2019 Magna Inc 1.95 2.74 CAD
2018 Magna Inc 1.72 2.77 CAD
2017 Magna Inc 1.44 2.02 CAD
2016 Magna Inc 1.32 2.27 CAD
2015 Magna Inc 0.88 2.17 USD
2015 Magna Inc 1.14 2.03 CAD
2014 Magna Inc 0.84 1.33 CAD
2014 Magna Inc 0.76 1.40 USD
2013 Magna Inc 0.64 1.56 USD
2013 Magna Inc 0.67 1.53 CAD
2012 Magna Inc 0.55 2.21 CAD
2012 Magna Inc 0.55 2.20 USD
2011 Magna Inc 0.50 3.00 USD
2011 Magna Inc 0.49 2.91 CAD
2010 Magna Inc 0.21 0.81 USD
2010 Magna Inc 0.31 1.20 CAD
2009 Magna Inc 0.05 0.36 USD
2009 Magna Inc 0.06 0.42 CAD
*Yield of the Respective Date

Magna Inc Calendar

Event Estimate Info Date
Annual General Meeting - Annual General Meeting 05/11/2023
Earnings Report 1.488 CAD Q2 2023 Earnings Release 08/10/2023
Earnings Report - Q3 2023 Earnings Release 11/10/2023
Earnings Report - Q4 2023 Earnings Release 02/23/2024

Magna Inc Past Events

Event Actual EPS Info Date
Earnings Report 1.215 CAD Q4 2022 Earnings Release 02/10/2023
Press Conference - - 11/04/2022
Shareholders' Meeting - - 05/03/2022

Magna Profile

Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors and Structures, Power and Vision, Seating Systems, and Complete Vehicles. The Body Exteriors and Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power and Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
7
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Magna Shareholder

Owner in %
Freefloat 92.71
Magna International, Inc. Deferred Profit Sharing Plan Canada 6.77
T. Rowe Price Associates, Inc. (Investment Management) 3.07
Beutel, Goodman & Co. Ltd. 2.88
Managed Account Advisors LLC 2.75
Jarislowsky, Fraser Ltd. 2.75
RBC Dominion Securities, Inc. 2.69
Hotchkis & Wiley Capital Management LLC 2.57
Vanguard Group, Inc. (Subfiler) 2.31
RBC Global Asset Management, Inc. 2.27
Fidelity Investments Canada ULC 2.09
TD Asset Management, Inc. (13F Subfiler) 1.93
Pendal Group Ltd. 1.87
Principal Financial Group, Inc. 1.57
CIBC Asset Management, Inc. 1.49
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.