MGA - Magna International Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
53.24
+0.29 (+0.55%)
At close: 04:00PM EDT
53.24 0.00 (0.00%)
After hours: 05:27PM EDT
Stock chart is not supported by your current browser
Previous Close52.95
Open53.21
Bid53.21 x 800
Ask53.22 x 800
Day's Range52.63 - 53.49
52 Week Range45.58 - 68.92
Volume644,269
Avg. Volume1,104,500
Market Cap15.232B
Beta (5Y Monthly)1.63
PE Ratio (TTM)34.57
EPS (TTM)1.54
Earnings DateJul 27, 2023 - Jul 31, 2023
Forward Dividend & Yield1.84 (3.46%)
Ex-Dividend DateMay 18, 2023
1y Target Est64.75
  • The Motley Fool

    2 Cyclical Stocks to Buy Before the Next Bull Market

    The TSX index has been cyclical in the past 12 months, with neither a bearish nor a bullish trend fully manifesting, but it may change soon. The post 2 Cyclical Stocks to Buy Before the Next Bull Market appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Magna 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

  • The Motley Fool

    Magna International: Driving the Future of Electric Vehicles?

    Here's why Magna International (TSX:MG) is a top way long-term investors can play the surge in electric vehicles over the long term. The post Magna International: Driving the Future of Electric Vehicles? appeared first on The Motley Fool Canada.

  • Simply Wall St.

    At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

    Magna International Inc. ( TSE:MG ) received a lot of attention from a substantial price movement on the TSX over the...

  • The Motley Fool

    3 TSX Stocks With Unbeatable Passive Income and Bargain Prices

    Three TSX stocks trading at bargain prices are buying opportunities for their relatively safe and sustainable dividend payments. The post 3 TSX Stocks With Unbeatable Passive Income and Bargain Prices appeared first on The Motley Fool Canada.

  • The Motley Fool

    Magna 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.

  • The Motley Fool

    Can You Make Money in Magna Stock?

    Magna International stock is a good company. However, the dividend stock is not for everyone because of its volatile nature. The post Can You Make Money in Magna Stock? appeared first on The Motley Fool Canada.

  • The Motley Fool

    Canadian Electric Vehicle Makers: 2 Stocks Charging Ahead

    Electric vehicle stocks now have plenty of government support, so I would consider these two stocks if you're ready to dive in. The post Canadian Electric Vehicle Makers: 2 Stocks Charging Ahead appeared first on The Motley Fool Canada.

  • The Motley Fool

    3 Canadian Stocks to Buy Ahead of an Inevitable Bull Market

    High-risk investors with a long-term investment horizon can consider positions in these Canadian stocks. The post 3 Canadian Stocks to Buy Ahead of an Inevitable Bull Market appeared first on The Motley Fool Canada.

  • Simply Wall St.

    Don't Race Out To Buy Magna International Inc. (TSE:MG) Just Because It's Going Ex-Dividend

    Magna International Inc. ( TSE:MG ) stock is about to trade ex-dividend in four days. Typically, the ex-dividend date...

  • The Motley Fool

    The Future of Transportation: Investing in Canadian EV Stocks

    Canadian EV stocks like Lithium Americas (TSX:LAC) should be on your list. The post The Future of Transportation: Investing in Canadian EV Stocks appeared first on The Motley Fool Canada.

  • The Motley Fool

    3 Canadian Value Stocks With Strong Growth Potential

    Canadian value stocks like Alimentation Couche-Tard (TSX:ATD) should be on your list. The post 3 Canadian Value Stocks With Strong Growth Potential appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Magna 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

  • The Motley Fool

    Canadian Renewable Resources: Invest in Green Energy for a Sustainable Future

    These three green energy stocks are ones I would grab while they remain so incredibly cheap if you're looking for long-term growth. The post Canadian Renewable Resources: Invest in Green Energy for a Sustainable Future appeared first on The Motley Fool Canada.

  • The Motley Fool

    Is Tesla Stock a Buy in May 2023?

    Tesla stock is pretty popular, but could Canadian EV parts company Magna International be a better buy? The post Is Tesla Stock a Buy in May 2023? appeared first on The Motley Fool Canada.

  • The Motley Fool

    Better Buy: Magna International Stock or Linamar Stock?

    Active investing in these cyclical stocks can drive extraordinary returns. If you can stomach the volatility, passive investing can work, too. The post Better Buy: Magna International Stock or Linamar Stock? appeared first on The Motley Fool Canada.

  • The Canadian Press

    Magna 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.

  • Reuters

    Canada'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.

  • GlobeNewswire

    Magna 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

  • GlobeNewswire

    Magna 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

  • The Motley Fool

    The 2 Best Canadian Stocks to Buy Before a Recession Recovery

    These two Canadian stocks could increase substantially after a recession, with even more growth on the way in the next few years. The post The 2 Best Canadian Stocks to Buy Before a Recession Recovery appeared first on The Motley Fool Canada.

  • The Motley Fool

    Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now

    These growth stocks are due for a recovery in the next year, with dividends you can lock up right now for solid passive income. The post Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now appeared first on The Motley Fool Canada.

  • The Motley Fool

    Magna Stock Is Too Cheap and Still Has Room to Rev

    Magna International (TSX:MG) looks like a great value investment for long-term investors seeking a good risk/reward scenario. The post Magna Stock Is Too Cheap and Still Has Room to Rev appeared first on The Motley Fool Canada.