MGA - Magna International Inc.
| Previous close | 48.36 |
| Open | 48.73 |
| Bid | 48.57 x 900 |
| Ask | 48.58 x 800 |
| Day's range | 48.32 - 49.20 |
| 52-week range | 45.58 - 68.92 |
| Volume | |
| Avg. volume | 1,106,923 |
| Market cap | 13.916B |
| Beta (5Y monthly) | 1.63 |
| PE ratio (TTM) | 31.58 |
| EPS (TTM) | 1.54 |
| Earnings date | 27 July 2023 - 31 July 2023 |
| Forward dividend & yield | 1.84 (3.80%) |
| Ex-dividend date | 18 May 2023 |
| 1y target est | 64.75 |
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
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...
- 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...
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
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
Motley FoolWhy Fisker Shares Shot Higher Today
Fisker (NYSE: FSR) announced some important news today, and its stock is soaring as a result. Fisker stock is bouncing off a recent all-time low after the company said European regulators have certified its Ocean SUV for sale. Fisker will begin deliveries of its limited edition Ocean One on May 5 in Europe.
GlobeNewswireMagna Celebrates a Production Milestone: 500,000 Mercedes G-Class Vehicles
Magna's Graz Production Facility Magna milestone reached: 500,000 Mercedes G-Class vehicles produced A half a million G-Class vehicles have rolled out of GrazSignificant milestone in the long-term partnership with Mercedes-BenzMilestone reflects Magna´s long history as leading contract manufacturer GRAZ, Austria, April 20, 2023 (GLOBE NEWSWIRE) -- The Mercedes G-Class is one of the most iconic luxury SUVs globally and has been built by Magna since 1979. The legendary off-road vehicle entered its
- GlobeNewswire
Magna Announces Date for Q1 2023 Results Call
AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FORQ1 2023 RESULTS CALL FRIDAY – MAY 5, 20238:00 AM ET DIAL IN NUMBERSToll-Free: 1-800-584-0405International: 1-416-981-9017Webcast: www.magna.com Slide presentation will be available on our website prior to the call REBROADCAST INFORMATIONReplay available 2 hours after the call until May 12, 2023Toll-Free: 1-800-558-5253International: 1-416-626-4100Reservation No.: 22026746 INVE
GlobeNewswireMagna Adds to Its Complete Vehicle Manufacturing Lineup With an All-New Electric Vehicle From INEOS Automotive
Magna's Graz Facility Magna to engineer and build INEOS Automotive's off-road electric vehicle New business award includes engineering and manufacturing of the INEOS Automotive electric off-road vehicleProduction expected to start in 2026Builds on Magna’s expertise as the largest multi-OEM complete vehicle manufacturer AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna is adding a new customer in engineering and complete vehicle manufacturing with the announcement that it has been awarded
- GlobeNewswire
Magna Posts 2022 Annual Report
AURORA, Ontario, March 31, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2022 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and
ZacksWestport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4
Westport (WPRT) incurs a loss of 10 cents per share in Q4 as against earnings of 4 cents in the year-ago period. Its revenues decline 5.6% year over year.
ZacksAuto Roundup: THO's Dismal Q2 Show, F's Layoff Plans and More
Thor (THO) misses fiscal Q2 earnings and sales estimates, while Ford (F) is set to slash around 1,100 jobs at its plant in the eastern Spanish city of Valencia.
Motley FoolOwn Tesla Stock? 3 Investments EV Manufacturers Can't Do Without
Electric vehicle (EV) makers and charging companies often capture the spotlight when it comes to investing discussions in this growing segment of the automotive industry. Magna International (NYSE: MGA), Dana (NYSE: DAN), and the Global X Lithium & Battery Tech ETF (NYSEMKT: LIT) are three less-obvious ways to invest in the EV industry. Here's what makes each of these hidden gem investments worth considering now.
ZacksMagna (MGA) Announces U.S. Dollar & Euro Senior Notes Offerings
Magna (MGA) announces two series of U.S. dollar denominated senior notes offerings to finance Veoneer Active Safety Business Acquisition and one series of Euro denominated senior notes offerings.
- GlobeNewswire
Magna Announces Senior Notes Offerings
AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”) and one series of Euro denominated senior notes (“Euro senior notes”), as follows: Principal AmountMaturityAnnual Interest RateU.S. Dollar Senior Notes Series 1 U.S. dollar$300,000,000March 21, 20265.980%Series 2 U.S. dollar$50
- GlobeNewswire
Magna Announces CAD Senior Notes Offering
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada, of CAD$350 million aggregate principal amount of senior unsecured notes due 2031. The notes will bear interest at an annual rate of 4.95% and will mature on Januar
GlobeNewswireMagna’s SmartAccess Power Door System Hits the Market in Style
Magna’s SmartAccess™ power door system with first to market integrated Haptronik™ software Magna’s SmartAccess™ power door system with first to market integrated Haptronik™ software Complete power door system with first-to-market HaptronikTM motion controlMarket debut on Ferrari PurosangueRedefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna is revolutionizing vehicle access experiences with the launch of its SmartAccessTM power door system on the opp
- Simply Wall St.
Institutional investors must be pleased after a 3.3% gain last week that adds to Magna International Inc.'s (TSE:MG) one-year returns
Key Insights Significantly high institutional ownership implies Magna International's stock price is sensitive to their...
ZacksHere's How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings
The Zacks Consensus Estimate for CarParts.com (PRTS) Q4 loss per share and revenues is pegged at 13 cents a share and $152.4 million, respectively.
- GlobeNewswire
Magna Announces Filing of Shelf Prospectus and Registration Statement
AURORA, Ontario, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) (“Magna” or “we”) today announced that it has filed a short form base 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. Our previous short form base shelf prospectus expired in June 2022. Once the short form base shelf prospectus is receipted by the OS
- Simply Wall St.
Do These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
ZacksMagna's (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up
Magna (MGA) lags Q4 earnings mark on lower-than-expected income in Body Exteriors & Structures, Power & Vision and Seating Systems segments. It expects adjusted EBIT margin to improve 230 bps by 2025.
GlobeNewswireMagna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business
Rendering of Magna Structures Heart Lake facility in Brampton Rendering of Magna Structures Heart Lake facility in Brampton. Company awarded business in a strategic product required for electric vehiclesBuilding a new battery enclosures facility in Brampton, OntarioMore than 1,000 new jobs expected to be created across six locations AURORA, Ontario, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Today, Magna announced it is investing more than $470 million to expand its operations across Ontario, Canada. The
ZacksNew Strong Sell Stocks for February 15th
BGS, MGA and NWL have been added to the Zacks Rank #5 (Strong Sell) List on February 15, 2023.