MGA - Magna International Inc.
After hours:
| Previous Close | 52.95 |
| Open | 53.21 |
| Bid | 53.21 x 800 |
| Ask | 53.22 x 800 |
| Day's Range | 52.63 - 53.49 |
| 52 Week Range | 45.58 - 68.92 |
| Volume | |
| Avg. Volume | 1,104,500 |
| Market Cap | 15.232B |
| Beta (5Y Monthly) | 1.63 |
| PE Ratio (TTM) | 34.57 |
| EPS (TTM) | 1.54 |
| Earnings Date | Jul 27, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 1.84 (3.46%) |
| Ex-Dividend Date | May 18, 2023 |
| 1y Target Est | 64.75 |
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GlobeNewswireMagna Completes Acquisition of Veoneer Active Safety Business
Magna Completes Acquisition Magna strengthens global active safety position with acquisition Broadens Magna’s active safety portfolioStrengthens Magna’s global position as a top active safety supplierIncreases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) -- Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed today, positions Magna as
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Simply Wall St.At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
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The Motley FoolMagna International Stock: A Strong Investment in the Automotive Industry
Magna International is a solid choice for investors seeking exposure to the automotive sector. The post Magna International Stock: A Strong Investment in the Automotive Industry appeared first on The Motley Fool Canada.
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Don't Race Out To Buy Magna International Inc. (TSE:MG) Just Because It's Going Ex-Dividend
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GlobeNewswireMagna Announces 2023 Annual Meeting Results
AURORA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2023 annual meeting of shareholders held on May 11, 2023. A total of 226,558,449 Common Shares or 79.18% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows: a. Election of Directors NomineeVotes FORNomineeVotes FORPeter G. Bowie99.05%Mary Lou Maher99
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The Canadian PressMagna International reports Q1 profit down from year ago, sales up 11%
TORONTO — Magna International Inc. upgraded its outlook for its sales and profit for the year as it reported its first-quarter profit fell compared with a year ago and its sales rose 11 per cent. The auto parts company, which keeps its books in U.S. dollars, says its profit attributable to the company amounted to US$209 million or 73 cents per diluted share for the quarter ended March 31, down from US$364 million or $1.22 per diluted share a year earlier. Sales totalled US$10.67 billion, up from
- Reuters
UPDATE 3-Canada's Magna raises profit forecast as global auto production improves
Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand.
ReutersCanada's Magna raises profit forecast as global auto production improves
(Reuters) -Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand. Magna expects light vehicle production in North America and Europe, its two largest markets, to grow to 15 million units and 16.3 million units, respectively.
- Reuters
REFILE-Auto parts maker Magna International raises annual forecast
Canadian auto parts maker Magna International Inc, on Friday, raised its full-year sales forecast as easing supply chain constraints improve prospects for ramping up production. Magna's revenue for the year is now expected to be between $40.2 billion and $41.8 billion, up from its previous forecast of $39.6 billion to $41.2 billion.
GlobeNewswireMagna Announces First Quarter 2023 Results
Swamy Kotagiri, Magna’s Chief Executive Officer "Our strong first quarter operating performance reflects strong earnings on higher organic sales. More importantly, we are taking targeted actions to reduce expenses and optimize our cost structure. Our increased outlook is based on the strength of our first quarter results and the expected benefit of these targeted actions. We are highly focused on executing our strategy and remain confident in our ability to meet our long-term growth and margin o
GlobeNewswireMagna Awarded New High-Voltage eDrive Business With Europe-Based Global OEM
New Magna eDrive System The production of the new eDrive System will start 2026 in Austria and Slovakia Coming to market on 2027 model SUVs and sedansEnables fast reconnect through new decoupling systemPower range from 100 kW to 140 kW, optimized for 800V, delivers affordable costs AURORA, Ontario, May 03, 2023 (GLOBE NEWSWIRE) -- Magna is taking electrification to the next level of efficiency and range to help meet evolving customer requirements. Today, the company has announced it has been awa
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