MGA - Magna International Inc.

NYSE - NYSE Delayed price. Currency in USD
46.58
+0.83 (+1.81%)
At close: 4:00PM EDT

46.58 0.00 (0.00%)
After hours: 4:22PM EDT

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Previous close45.75
Open45.64
Bid37.68 x 800
Ask46.92 x 1100
Day's range45.53 - 46.61
52-week range22.75 - 57.09
Volume588,171
Avg. volume1,023,163
Market cap13.905B
Beta (5Y monthly)1.62
PE ratio (TTM)15.70
EPS (TTM)2.97
Earnings dateN/A
Forward dividend & yield1.60 (3.50%)
Ex-dividend date21 May 2020
1y target est54.72
  • GlobeNewswire

    Second Quarter 2020 Results Conference Call

    AURORA, Ontario, June 26, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) SECOND QUARTER 2020 RESULTS CONFERENCE CALLFRIDAY – AUGUST 7, 20208:00 AM ET   DIAL IN.

  • GlobeNewswire

    Magna Recognized by General Motors With Six 2019 Supplier of the Year Awards

    GM awards top suppliers globally that have exceeded expectations, created outstanding value or introduced innovationsMagna received awards for its mirrors, truck frames,.

  • Gentex (GNTX) Should Be On Your Radar for Long-Term Profits
    Zacks

    Gentex (GNTX) Should Be On Your Radar for Long-Term Profits

    Gentex (GNTX) is poised for long-term growth on the back of superior product offerings, continuous innovation to maintain its market share and balance sheet strength.

  • GlobeNewswire

    Magna Announces Senior Notes Offering

    AURORA, Ontario, June 08, 2020 -- Magna International Inc. (TSX:  MG; NYSE:  MGA) today announced that it has entered into an underwriting agreement providing for the issuance.

  • Why Is Magna (MGA) Up 22.4% Since Last Earnings Report?
    Zacks

    Why Is Magna (MGA) Up 22.4% Since Last Earnings Report?

    Magna (MGA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • STRT or MGA: Which Is the Better Value Stock Right Now?
    Zacks

    STRT or MGA: Which Is the Better Value Stock Right Now?

    STRT vs. MGA: Which Stock Is the Better Value Option?

  • 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..

  • 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.

  • 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...

  • 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.

  • 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.

  • 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.

  • 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.

  • Alphabet’s Waymo Raises $2.25 Billion For Driverless Cars
    Bloomberg

    Alphabet’s Waymo Raises $2.25 Billion For Driverless Cars

    (Bloomberg) -- Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.Silver Lake Management LLC, a private equity firm, led the round, which also includes auto manufacturer Magna International Inc., car seller AutoNation Inc., Abu Dhabi’s Mubadala Investment Co. and the Canada Pension Plan Investment Board. “We’ve always approached our mission as a team sport,” John Krafcik, Waymo’s chief executive officer, wrote in a blog post Monday. The $2.25 billion number is an “initial” close, he also noted, suggesting the deal may grow. Financing rounds from Alphabet and outsiders will be a “pattern” going forward, Krafcik, a former Detroit executive who joined Waymo in 2015, said during a call with reporters.The deal helps Google parent Alphabet spread the cost of funding Waymo as the unit pushes ahead to commercialize its autonomous driving technology. Krafcik also suggested the parent company could eventually spin Waymo off into an independent business.“It’s always been on the road map for Alphabet as a possibility for some of these ‘Other Bets’ like Waymo to become completely independent, spun-out entities, so it’s certainly a possibility in the future for us,” the CEO said.Alphabet’s “Other Bets” division, which includes Waymo, has absorbed billions of dollars in losses in recent years. Other businesses that are part of this division have taken outside funding, too. Early last year, Verily, the company’s biotech arm, raised money from Silver Lake and other backers.Waymo is also setting up an operating board, its first outside oversight to date. Silver Lake co-CEO Egon Durban and Ryan Selwood from the Canada Pension plan will join the board.Krafcik said Waymo wants to expand its driverless fleet to new locations, mentioning the Middle East as one possibility, but he declined to share details. He also didn’t disclose Waymo’s new valuation from Monday’s deal.“We certainly do see this as validation of the work we’ve been doing at Waymo and the potential before us,” Krafcik added.The company is also merging its local delivery and long-haul trucking operations into a single business line called Waymo Via. Waymo One is the ride-hailing service that the company operates in suburban Phoenix and plans to expand to other cities.With both divisions, said Krafcik, Waymo would follow parallel paths of building owned-and-operated services and partnering with other providers.(Updates with CEO comments from fourth paragraph.)To contact the reporters on this story: Mark Bergen in San Francisco at mbergen10@bloomberg.net;Ira Boudway in New York at iboudway@bloomberg.netTo contact the editors responsible for this story: Alistair Barr at abarr18@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Magna International Inc. (TSE:MG) Looks Interesting, And It's About To Pay A Dividend
    Simply Wall St.

    Magna International Inc. (TSE:MG) Looks Interesting, And It's About To Pay A Dividend

    Readers hoping to buy Magna International Inc. (TSE:MG) for its dividend will need to make their move shortly, as the...

  • Did Changing Sentiment Drive Magna International's (TSE:MG) Share Price Down By 10%?
    Simply Wall St.

    Did Changing Sentiment Drive Magna International's (TSE:MG) Share Price Down By 10%?

    Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...

  • GlobeNewswire

    Magna to Hold Investor Day

    AURORA, Ontario, Feb. 27, 2020 -- Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold an.

  • GlobeNewswire

    Paving the Way to Powertrain Electrification

    Magna is helping automakers prepare for a future that emphasizes electrificationMagna’s new e4 technology demonstrator car sets a new benchmark in EV efficiency, driving.

  • GlobeNewswire

    Magna Announces Fourth Quarter and 2019 Results and Raises Quarterly Cash Dividend per Share by 10%

    Fourth Quarter 2019 Highlights Cash from operations increased to $1.70 billion, despite lower sales and earningsReturned $365 million to shareholders through share repurchases.