MAL.TO - Magellan Aerospace Corporation

Toronto - Toronto Delayed Price. Currency in CAD
15.83
0.00 (0.00%)
At close: 3:53PM EDT
Stock chart is not supported by your current browser
Previous Close15.83
Open15.62
Bid15.76 x 0
Ask15.91 x 0
Day's Range15.62 - 16.00
52 Week Range13.20 - 19.25
Volume3,080
Avg. Volume9,069
Market Cap921.448M
Beta (3Y Monthly)0.41
PE Ratio (TTM)10.21
EPS (TTM)1.55
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield0.40 (2.53%)
Ex-Dividend Date2019-09-13
1y Target Est21.33
  • Is Magellan Aerospace Corporation's (TSE:MAL) 11% ROE Strong Compared To Its Industry?
    Simply Wall St.

    Is Magellan Aerospace Corporation's (TSE:MAL) 11% ROE Strong Compared To Its Industry?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Business Wire

    Magellan Aerospace Corporation Announces Financial Results

    Magellan Aerospace Corporation released its financial results for the second quarter of 2019. All amounts are expressed in Canadian dollars unless otherwise indicated.

  • CNW Group

    Magellan Aerospace Announces Quarterly Dividend

    TORONTO , Aug. 2, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 ( ten cents ...

  • How Much Of Magellan Aerospace Corporation (TSE:MAL) Do Insiders Own?
    Simply Wall St.

    How Much Of Magellan Aerospace Corporation (TSE:MAL) Do Insiders Own?

    Every investor in Magellan Aerospace Corporation (TSE:MAL) should be aware of the most powerful shareholder groups...

  • Magellan Aerospace Corporation (TSE:MAL): The Best Of Both Worlds
    Simply Wall St.

    Magellan Aerospace Corporation (TSE:MAL): The Best Of Both Worlds

    Attractive stocks have exceptional fundamentals. In the case of Magellan Aerospace Corporation (TSE:MAL), there's is a...

  • CNW Group

    Magellan Aerospace Congratulates the Canadian Space Agency on the Successful Launch of the RADARSAT Constellation Mission

    TORONTO, June 12, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") congratulates the Canadian Space Agency ("CSA") on the RADARSAT Constellation Mission ("RCM") that was launched successfully today from Vandenberg, California aboard a SpaceX Falcon 9 rocket. The three identical RCM satellite buses were built by Magellan under subcontract to MDA, a Maxar Technologies company, the prime contractor for RCM. Magellan's fully redundant RCM satellite buses provide the on-orbit support infrastructure required for the functioning of the MDA C-band synthetic aperture radar payload.

  • Does Magellan Aerospace Corporation (TSE:MAL) Have A Good P/E Ratio?
    Simply Wall St.

    Does Magellan Aerospace Corporation (TSE:MAL) Have A Good P/E Ratio?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • CNW Group

    Magellan Aerospace Signs Agreement With BAE Systems for F-35 Aircraft Assemblies

    Magellan, through its operations in Winnipeg, Manitoba, and BAE Systems have been working together to produce horizontal tails for the global F-35 program for more than a decade, signing the original Letter of Intent for this agreement in 2006.  Both companies have since made significant investment in facilities, technologies and training to ensure the successful delivery of these flight-critical assemblies to F-35 prime contractor Lockheed Martin.

  • CNW Group

    Magellan Aerospace Announces Report on Voting Results for Directors

    MISSISSAUGA, ON , May 7, 2019 /CNW/ - Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the "Meeting") ...

  • Does Magellan Aerospace's (TSE:MAL) Share Price Gain of 96% Match Its Business Performance?
    Simply Wall St.

    Does Magellan Aerospace's (TSE:MAL) Share Price Gain of 96% Match Its Business Performance?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! When we invest, we're generally looking for stocks that outperform the market average. And...

  • CNW Group

    Magellan Aerospace Secures Contracts for Engine Front Frames and Shafts

    TORONTO, April 29, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced agreements today with an undisclosed customer for the supply of complex fabricated engine front frames for a commercial platform, to be manufactured at Magellan's facility in Winnipeg, Manitoba, Canada, and critical rotating engine shafts for a  dual use platform, to be manufactured at Magellan's facility in Haverhill, Massachusetts, USA.  These contracts are valued at approximately CDN $45 million and will be delivered starting in 2019 through 2022. Magellan has made significant investments in manufacturing technology and personnel at its facilities enhancing our ability to compete in a global market.  In securing these agreements, Magellan has demonstrated the ability to meet the competitive demands of cost, quality and performance expected by the aerospace markets.

  • CNW Group

    Magellan Aerospace Signs Multi-Year Contract to Produce Control Surface Ribs for the 777X

    TORONTO, April 24, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced it has reached a multi-year agreement with The Boeing Company ("Boeing") to manufacture 777X control surface ribs in support of Boeing's Focused Factory initiative. In order to provide the best solution for Boeing on this multi-year package, Magellan will provide internal dual source capability for risk mitigation and business continuity. Boeing's Focused Factory initiative is the aggregation of products grouped by commonality and forecasted demand.

  • This Trend Will Boost These Stocks Over the Next Decade
    The Motley Fool

    This Trend Will Boost These Stocks Over the Next Decade

    Defence stocks like Heroux-Devtek Inc. (TSX:HRX) and Magellan Aerospace Corp. (TSX:MAL) will benefit from increased spending in domestic and international markets.

  • Are Investors Undervaluing Magellan Aerospace Corporation (TSE:MAL) By 39%?
    Simply Wall St.

    Are Investors Undervaluing Magellan Aerospace Corporation (TSE:MAL) By 39%?

    Today we will run through one way of estimating the intrinsic value of Magellan Aerospace Corporation (TSE:MAL) by taking the expected future cash flows and discounting them to their present value. I will use the Discounted Ca...

  • CNW Group

    Magellan Aerospace Contracts with Atlas Elektronik Canada Ltd. for SeaSpider® Anti Torpedo Torpedo

    TORONTO, April 12, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today an agreement with Atlas Elektronik Canada Ltd. ("Atlas") for the design and development phase of the SeaSpider® Anti Torpedo Torpedo ("ATT") program. The initial CDN $19 million phase of the program was launched in January 2019 and is expected to conclude in 2023.  Magellan will lead the design and development of the SeaSpider® ATT rocket motor and warhead sections of the torpedo that includes design, build, test, and product qualification. SeaSpider® ATT is a new defence product that can be utilized by surface vessels and submarines to detect and destroy attacking torpedoes.  The SeaSpider® is a marked improvement over currently available anti-torpedo systems that reply on decoy countermeasures rather than destroying the attacking torpedo.  The SeaSpider® ATT combines the best technology and decades of experience of Atlas and Magellan – the expertise of Atlas in naval systems and torpedoes and the industry leading rocket technology of Magellan.

  • Recession Investors: 2 Stocks to Buy and 2 to Drop
    The Motley Fool

    Recession Investors: 2 Stocks to Buy and 2 to Drop

    Hudson’s Bay Co. (TSX:HBC) and one other related stock are buys at the moment, while investors may want to ease off on two other stocks.

  • 2 Stocks to Buy to Prepare for a Recession
    The Motley Fool

    2 Stocks to Buy to Prepare for a Recession

    Find out why Magellan Aerospace Corp (TSX:MAL) and Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) are good options to ride out a recession.

  • What To Know Before Buying Magellan Aerospace Corporation (TSE:MAL) For Its Dividend
    Simply Wall St.

    What To Know Before Buying Magellan Aerospace Corporation (TSE:MAL) For Its Dividend

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over tim...

  • CNW Group

    Magellan Aerospace Announces Contracts to Produce Aircraft Illumination Flares

    TORONTO, March 15, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today, agreements valued at CDN $48 million, with the Canadian government to perform the licensed manufacture of LUU-2 illumination flares for the Royal Canadian Air Force (RCAF).  Magellan-produced LUU-2 illumination flares will be delivered from the Winnipeg facility's propellant plant in Manitoba, Canada. The LUU-2 is an air-deployed high-intensity illumination flare. The RCAF utilizes the LUU-2 to support night time search and rescue operations with illumination. "Magellan remains committed to continuing our 60-year legacy in supporting the Canadian Armed Forces and the RCAF with the delivery of critical mission support equipment and services", said Mr. Haydn Martin, Vice President, Business Development, Marketing and Contracts, Magellan Aerospace.

  • Is This a Danger Zone or an Undervalued Mini-Portfolio?
    The Motley Fool

    Is This a Danger Zone or an Undervalued Mini-Portfolio?

    Husky Energy Inc. (TSX:HSE) has been undervalued for some time now, but are stocks like it worth buying for the long term?

  • Which Canadian Aviation Industry Stocks Are Soaring?
    The Motley Fool

    Which Canadian Aviation Industry Stocks Are Soaring?

    Air Canada (TSX:AC)(TSX:AC.B) and two other Canadian aerospace stocks are rising, but which ones are they, and should you add them to your portfolio?