MGA - Magna International Inc.

NYSE - NYSE Delayed Price. Currency in USD
43.77
+1.59 (+3.77%)
At close: 4:00PM EDT

43.77 0.00 (0.00%)
After hours: 4:43PM EDT

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Previous Close42.18
Open42.46
Bid43.94 x 800
Ask45.01 x 900
Day's Range42.28 - 44.20
52 Week Range22.75 - 57.09
Volume1,203,248
Avg. Volume1,431,073
Market Cap13.066B
Beta (5Y Monthly)1.57
PE Ratio (TTM)14.75
EPS (TTM)2.97
Earnings DateN/A
Forward Dividend & Yield1.60 (3.80%)
Ex-Dividend DateMay 21, 2020
1y Target Est47.67
  • Cost-Cutting Actions Aid Magna (MGA) Amid Coronavirus Scare
    Zacks

    Cost-Cutting Actions Aid Magna (MGA) Amid Coronavirus Scare

    Magna (MGA) is well poised to benefit from expanding its business through joint ventures and hub openings amid the coronavirus pandemic

  • Magna (MGA) Q1 Earnings and Sales Top Estimates, Down Y/Y
    Zacks

    Magna (MGA) Q1 Earnings and Sales Top Estimates, Down Y/Y

    Amid coronavirus-led uncertainty and financial crisis, Magna International (MGA) halts the stock buyback program until further notice. It also refrains from providing annual view for 2020.

  • Oilprice.com

    Why Trump Is Desperate To Secure This Rare Metal

    There’s a new showdown quietly brewing between the world’s largest superpowers, and one critical metal will play a key role in how the face off turns out

  • Magna International (MGA) Q1 2020 Earnings Call Transcript
    Motley Fool

    Magna International (MGA) Q1 2020 Earnings Call Transcript

    MGA earnings call for the period ending March 31, 2020.

  • GlobeNewswire

    Magna Announces 2020 Annual Meeting Results

    AURORA, Ontario, May 07, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2020 annual meeting of shareholders held on May 7, 2020..

  • Magna International reports drop in earnings as COVID-19 hits operations
    The Canadian Press

    Magna International reports drop in earnings as COVID-19 hits operations

    AURORA, Ont. — Magna International Inc. says its first quarter earnings were down significantly from last year as the company was hit by factory shutdowns across its global operations.The autoparts maker, which reports in U.S. dollars, says it had a net income of $261 million, or 86 cents per diluted share for the quarter ending March 31, compared with net income of $1.1 billion or $3.39 per share a year earlier.Revenue came in at $8.66 billion, down from $10.59 billion a year earlier.The Aurora, Ont.-based company says its results were first hit by shutdowns in China in January followed by Europe and North America that altogether resulted in lost revenue of about $1.1 billion.The company says auto production in China has generally resumed, while facilities in Europe are starting to return to production and factories in North America are preparing to restart in the next few weeks.It says that because of the uncertainty it is still unable to assess the impact of the pandemic on its financial results for the year. Companies in this story: (TSX:MG)The Canadian Press

  • GlobeNewswire

    Magna Announces First Quarter 2020 Financial Results

    Sales of $8.7 billion decreased 18%, compared to global light vehicle production down 27%Estimated COVID-19 impacts of approximately $1.1 billion on sales, $250 million on.

  • These 3 Stock Cannibals Are Just What Your Portfolio Needs
    The Motley Fool

    These 3 Stock Cannibals Are Just What Your Portfolio Needs

    Stock cannibals like Magna International (TSX:MG)(NYSE:MGA) and Canadian National Railway (TSX:CNR)(NYSE:CNI) were being smart buyers back in March. The post These 3 Stock Cannibals Are Just What Your Portfolio Needs appeared first on The Motley Fool Canada.

  • Earnings Preview: Magna (MGA) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Magna (MGA) Q1 Earnings Expected to Decline

    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.

  • GlobeNewswire

    Magna Wins 2020 PACE Award for Composite Space Frame Liftgate Reinforcement

    Lightweight solution debuted on the 2020 Toyota SupraComposite reinforcement enables 10 percent mass reductionFirst application of composite space frame for automotive liftgate.

  • How Does Magna International Inc. (TSE:MG) Fare As A Dividend Stock?
    Simply Wall St.

    How Does Magna International Inc. (TSE:MG) Fare As A Dividend Stock?

    Is Magna International Inc. (TSE:MG) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • 1 Stock I’d Be Tempted to Sell on the Market Rally
    The Motley Fool

    1 Stock I’d Be Tempted to Sell on the Market Rally

    Manga International Inc. (TSX:MG)(NYSE:MGA) bounced considerably off its March lows, but I'm still not convinced the stock is worth hanging onto amid the market rally.The post 1 Stock I'd Be Tempted to Sell on the Market Rally appeared first on The Motley Fool Canada.

  • GlobeNewswire

    First Quarter 2020 Results Conference Call

    AURORA, Ontario, April 16, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FIRST QUARTER 2020 RESULTS CONFERENCE CALLTHURSDAY – MAY 7, 20208:00 AM ET  DIAL IN NUMBERSNorth.

  • Baystreet

    TSX Barely Budges, Tracking Progress of Global Equities

    Canada's main stock index were flat to begin trading on Thursday, tracking global equities higher, as ...

  • GlobeNewswire

    Magna Announces Filing of Preliminary Shelf Prospectus and Registration Statement; Amends 364-Day Syndicated Credit Facility

    Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it filed a preliminary short form base shelf prospectus (“shelf prospectus”) with the Ontario Securities Commission (the "OSC") and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the "SEC") on Form F-10. Once the final short form base shelf prospectus is receipted by the OSC and the shelf registration statement becomes effective, these filings will, subject to securities regulatory requirements, qualify for issuance up to an aggregate of US$2.0 billion of debt securities from time to time over a 25-month period.

  • 3 TSX Stocks to Deal With Volatile Markets
    The Motley Fool

    3 TSX Stocks to Deal With Volatile Markets

    These 3 top TSX stocks look attractive due to their strong dividend profile and discounted valuation particularly after the selloff. The post 3 TSX Stocks to Deal With Volatile Markets appeared first on The Motley Fool Canada.

  • Market Crash: 2 Stocks I Wouldn’t Touch With a Barge Pole
    The Motley Fool

    Market Crash: 2 Stocks I Wouldn’t Touch With a Barge Pole

    Magna International Inc. (TSX:MG)(NYSE:MGA) and another stock that prudent investors would be wise to avoid in the face of a recession.The post Market Crash: 2 Stocks I Wouldn't Touch With a Barge Pole appeared first on The Motley Fool Canada.

  • Lousy Loonie Could Rocket These 2 Stocks to the Stratosphere
    The Motley Fool

    Lousy Loonie Could Rocket These 2 Stocks to the Stratosphere

    The onslaught in the oil market has significantly devalued the Canadian dollar. But the lousy loonie could mean decent exports for some of the major industries in the country.The post Lousy Loonie Could Rocket These 2 Stocks to the Stratosphere appeared first on The Motley Fool Canada.

  • Why Magna Stock Price Fell 26.5% in March
    The Motley Fool

    Why Magna Stock Price Fell 26.5% in March

    The Magna stock price has been crushed, but a long-term focus will bring us back to the stock's cheap valuation and the company's strong balance sheet.The post Why Magna Stock Price Fell 26.5% in March appeared first on The Motley Fool Canada.

  • Is Magna International Inc.'s (TSE:MG) CEO Being Overpaid?
    Simply Wall St.

    Is Magna International Inc.'s (TSE:MG) CEO Being Overpaid?

    In 2010 Don Walker was appointed CEO of Magna International Inc. (TSE:MG). This report will, first, examine the CEO...

  • GlobeNewswire

    MAGNA POSTS 2019 ANNUAL REPORT

    AURORA, Ontario, March 27, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Management’s Discussion and Analysis and.

  • Magna withdraws guidance due to business uncertainty caused by COVID-19 outbreak
    The Canadian Press

    Magna withdraws guidance due to business uncertainty caused by COVID-19 outbreak

    AURORA, Ont. — Magna International Inc. has withdrawn its 2020 outlook because of the "high degree of business uncertainty" caused by the COVID-19 pandemic.The Aurora, Ont.-based auto parts company says many of its plants, particularly in North America and Europe, have reduced or suspended operations as auto companies have scaled back because of the outbreak.The company says its operations in China are also still ramping up and below levels expected earlier this year, after an extended downtime in February.Magna had reaffirmed its outlook in its Feb. 21 quarterly results of between US$38 billion and US$40 billion, but said at the time that it was too early to assess the true impact of the outbreak.With auto production down, Magna says it has repurposed factories in Europe to help produce masks, with production as of Thursday up to about 51,000 a day. Similar facilities in Mexico are producing about 2,000 a day but still ramping up.The company says it's also in discussions with automakers to provide parts for ventilators, face shields and other equipment.This report by The Canadian Press was first published March 27, 2020.Companies in this story: (TSX:MG)The Canadian Press

  • GlobeNewswire

    MAGNA PROVIDES UPDATE ON CURRENT COVID-19 ACTIONS AND WITHDRAWS OUTLOOK

    AURORA, Ontario, March 26, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today provided an update on a number of actions related to the COVID-19 pandemic. Magna has.

  • 3 Scary Reasons Why the Market Crash Could Get Much Worse
    The Motley Fool

    3 Scary Reasons Why the Market Crash Could Get Much Worse

    The Magna International stock is just one of the many companies under duress due to a market crash. However, the carnage is not over, and could get worse because of three scary reasons.The post 3 Scary Reasons Why the Market Crash Could Get Much Worse appeared first on The Motley Fool Canada.

  • What to Avoid Buying in This Circuit-Breaking Market Crash
    The Motley Fool

    What to Avoid Buying in This Circuit-Breaking Market Crash

    As the stock market plunges further, investors should resist the urge to buy the stocks of potential value traps as we head into recession.The post What to Avoid Buying in This Circuit-Breaking Market Crash appeared first on The Motley Fool Canada.