MG.TO - Magna International Inc.

Toronto - Toronto Delayed Price. Currency in CAD
66.96
-0.04 (-0.06%)
At close: 4:00PM EST
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Previous Close67.00
Open66.99
Bid66.65 x 0
Ask67.05 x 0
Day's Range65.90 - 67.26
52 Week Range58.74 - 87.13
Volume994,362
Avg. Volume1,112,573
Market Cap22.399B
Beta (3Y Monthly)1.26
PE Ratio (TTM)9.86
EPS (TTM)6.79
Earnings DateFeb 20, 2019 - Feb 25, 2019
Forward Dividend & Yield1.77 (2.66%)
Ex-Dividend Date2018-11-22
1y Target Est66.02
  • 1 Top Auto Stock for Canadians to Buy Instead of Tesla (NASDAQ:TSLA) Stock
    The Motley Fool12 hours ago

    1 Top Auto Stock for Canadians to Buy Instead of Tesla (NASDAQ:TSLA) Stock

    Magna International Inc. (TSX:MG)(NYSE:MGA) stock has more attractive valuation than its famous American counterpart.

  • 3 Strong Companies With U.S. Cash Dividends to Buy Today
    The Motley Fool3 days ago

    3 Strong Companies With U.S. Cash Dividends to Buy Today

    Earn U.S. dollars or get a boost on your dividend through some great Canadian dividend stocks like Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR).

  • Industry must rein in spend on electric, self-driving cars: Magna CEO
    Reuters7 days ago

    Industry must rein in spend on electric, self-driving cars: Magna CEO

    Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday. Over the next decade, vehicle and parts suppliers plan to spend $300 billion to bring electric cars to the mass market, Magna CEO Don Walker said, a huge jump from last year's industry estimate of $90 billion for the period.

  • Industry must rein in spend on electric, self-driving cars: Magna CEO
    Reuters7 days ago

    Industry must rein in spend on electric, self-driving cars: Magna CEO

    Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday. Over the next decade, vehicle and parts suppliers plan to spend $300 billion to bring electric cars to the mass market, Magna CEO Don Walker said, a huge jump from last year's industry estimate of $90 billion for the period.

  • Reuters7 days ago

    Industry must rein in spend on electric, self-driving cars -Magna CEO

    Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday. Over the next decade, vehicle and parts suppliers plan to spend $300 billion to bring electric cars to the mass market, Magna CEO Don Walker said, a huge jump from last year's industry estimate of $90 billion for the period. Big oil, telecommunications and technology companies are also making large bets on electric vehicles, investing in areas such as battery startups and charging stations.

  • The Canadian Press7 days ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

  • TFSA Investors: Should You Consider These 2 Auto Stocks?
    The Motley Fool7 days ago

    TFSA Investors: Should You Consider These 2 Auto Stocks?

    Magna International Inc. (TSX:MG)(NYSE:MGA) and Linamar Corporation (TSX:LNR) may have celebrated the USMCA, but both stocks are risky bets in 2019.

  • Magna expects sales to be hurt by sale of fluid pressure and controls business
    The Canadian Press7 days ago

    Magna expects sales to be hurt by sale of fluid pressure and controls business

    AURORA, Ont. — Magna International Inc. says it expects its sales this year will be weighed down by a stronger U.S. dollar and the sale of its fluid pressure and controls business. The Ontario-based auto parts maker, which keeps its books in U.S. dollars, says it expects total sales of US$40.2 billion to $42.4 billion for 2019. Magna expects net income for the year to total $2.1 billion to $2.3 billion. Capital spending for 2019 is forecast to be about $1.7 billion. Magna signed a deal in September to sell its fluid pressure and controls business to Hanon Systems, a South Korea-based company, for roughly $1.23 billion. The deal is expected to close in the first quarter of 2019. Companies in this story: (TSX:MG) The Canadian Press

  • GlobeNewswire7 days ago

    Magna to Build the Toyota GR Supra

    Magna adds new customer and additional sports car to its complete vehicle assembly line-upProduction to begin in early 2019Further demonstrates the company’s unique position in.

  • Baystreet8 days ago

    Stocks in play: Magna International Inc.

    Announced its financial outlook for 2019 and 2021. The company’s outlook to 2021 anticipates continued ...

  • Magna International says 2019 revenue to be hurt by unit sale, strong dollar
    Reuters8 days ago

    Magna International says 2019 revenue to be hurt by unit sale, strong dollar

    The company expects total revenue of $40.2 billion to $42.4 billion and net income of $2.1 billion to $2.3 billion in 2019. Magna agreed to sell the fluid pressure and controls business, which includes electronic pumps and cooling fans, to South Korea-based Hanon Systems for $1.23 billion in September last year. Magna also forecast a slight decline in its earnings before interest and taxes due to higher commodity costs.

  • GlobeNewswire8 days ago

    Magna Announces Outlook

    Sales growth and increased EBIT Margin1 over outlook periodHigher free cash flow2 in 2019-2021 period, compared to 2018-2020 AURORA, Ontario, Jan. 15, 2019 -- Magna.

  • 3 Red-Hot Stocks That Bay Street Loves Right Now
    The Motley Fool8 days ago

    3 Red-Hot Stocks That Bay Street Loves Right Now

    Tired of constant declines? This trio of stocks, including Magna International Inc. (TSX:MG)(NYSE:MGA), might have the rocket fuel you need.

  • Sell Alert: 3 TSX Stocks I’d Ditch Right Now
    The Motley Fool11 days ago

    Sell Alert: 3 TSX Stocks I’d Ditch Right Now

    I'd short or sell Magna International Inc. (TSX:MG)(NYSE:MGA) and two other stocks right now.

  • 3 Cheap Growth Stocks to Buy Right Now
    The Motley Fool12 days ago

    3 Cheap Growth Stocks to Buy Right Now

    Magna International Inc (TSX:MG)(NYSE:MGA) and these two other stocks trade at low multiples and could provide investors with great returns this year.

  • Is Magna International Inc. (TSE:MG) A High Quality Stock To Own?
    Simply Wall St.13 days ago

    Is Magna International Inc. (TSE:MG) A High Quality Stock To Own?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...

  • 1 Leading Stock to Steer Clear of in This Trade War
    The Motley Fool15 days ago

    1 Leading Stock to Steer Clear of in This Trade War

    Ongoing trade tensions pose a threat to Magna International Inc (TSX:MG)(NYSE:MGA) stock.

  • Get Rich the Warren Buffett Way: Here are 3 Top Value Stocks for 2019
    The Motley Fool18 days ago

    Get Rich the Warren Buffett Way: Here are 3 Top Value Stocks for 2019

    This trio of stocks, including Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM, might be too cheap to pass up.

  • ACCESSWIRE20 days ago

    Today's Research Reports on Distinct Infrastructure, Linamar, Magna International and CWC Energy Services

    NEW YORK, NY / ACCESSWIRE / January 3, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • Does Magna International Inc. (TSE:MG) Have A Place In Your Portfolio?
    Simply Wall St.28 days ago

    Does Magna International Inc. (TSE:MG) Have A Place In Your Portfolio?

    Over the past 10 years Magna International Inc. (TSE:MG) has been paying dividends to shareholders. The company currently pays out a dividend yield of 3.0% to shareholders, making it a Read More...

  • 2 Reasons Why Magna International (TSX:MG) Is a Buy
    The Motley Fool28 days ago

    2 Reasons Why Magna International (TSX:MG) Is a Buy

    Magna International Inc. (TSX:MG)(NYSE:MGA) recently entered the Chinese market for electric vehicles.

  • Can This China-Linked Dividend Stock Beat the Market Downturn?
    The Motley Fool29 days ago

    Can This China-Linked Dividend Stock Beat the Market Downturn?

    Magna International Inc. (TSX:MG)(NYSE:MGA) has been something of a hero stock all year; now it's looking super attractive.

  • GlobeNewswirelast month

    Magna Establishes Automatic Share Purchase Plan

    NYSE: MGA) today announced that it has established a pre-defined automatic securities purchase plan (the “Plan”) with a designated broker to facilitate the purchase for cancellation of Common Shares under its current normal course issuer bid (the “Bid”).  The Plan will be implemented effective January 2, 2019. Under the Plan, Magna has provided instructions and strict parameters regarding how its Common Shares may be purchased for cancellation during times when it would ordinarily not be permitted to purchase Common Shares due to regulatory restrictions or self-imposed black-out periods.

  • Magna International buying Spanish automotive seat maker Viza Geca SL
    The Canadian Presslast month

    Magna International buying Spanish automotive seat maker Viza Geca SL

    AURORA, Ont. — Magna International Inc. has signed a deal to buy Spanish company Viza Geca SL, which specializes in automotive seating.

  • GlobeNewswirelast month

    Magna Acquires VIZA Geca to Bolster Its Seating Capabilities

    VIZA brings additional seating structures expertise and increases our vertical integration capabilities in seatingAcquisition supports growth opportunities, strengthens.