Magna International Inc. (TSX: MG)
Canada
· Delayed Price · Currency is CAD | Market Cap | 18.57B |
| Revenue (ttm) | 58.67B |
| Net Income (ttm) | 1.38B |
| Shares Out | 287.28M |
| EPS (ttm) | 4.79 |
| PE Ratio | 13.46 |
| Forward PE | 8.42 |
| Dividend | 1.87 (2.89%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 1,866,833 |
| Open | 65.29 |
| Previous Close | 65.27 |
| Day's Range | 64.08 - 65.29 |
| 52-Week Range | 62.84 - 87.00 |
| Beta | 1.70 |
| Analysts | n/a |
| Price Target | 83.28 (+28.86%) |
| Earnings Date | Aug 2, 2024 |
About Magna International
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels... [Read more]
Financial Performance
In 2023, MG's revenue was $42.80 billion, an increase of 13.10% compared to the previous year's $37.84 billion. Earnings were $1.21 billion, an increase of 104.90%.
Financial numbers in USD Financial StatementsNews
Magna Announces 2024 Annual Meeting Results
AURORA, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2024 annual meeting of shareholders held on May 9, 2024. A total...
Magna International Inc. (MGA) Q1 2024 Earnings Call Transcript
Magna International Inc. 2024 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Magna International Inc.
What's Going On With Magna Shares After Incurring $316M Charges Related To Fisker In Q1?
Magna International, Inc. (NYSE: MGA) shares fall in the premarket session after reporting first-quarter results. The company reported adjusted earnings per share of $1.08, missing the street view of...
Magna International reports mixed Q1 results; updates FY24 outlook
Magna International press release (MGA): Q1 Non-GAAP EPS of $1.08 misses by $0.16. Revenue of $11B (+2.8% Y/Y) beats by $20M. Adjusted EBIT increased to $469 million in the first quarter of
Magna Announces First Quarter 2024 Results
AURORA, Ontario, May 03, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2024.
Magna International Q1 2024 Earnings Preview
Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions
AURORA, Ontario, April 30, 2024 (GLOBE NEWSWIRE) -- Magna was named a 2024 Automotive News PACE Award winner and received multiple PACEpilot Innovation to Watch recognitions at the awards ceremony on ...
Uber-Backed Serve Robotics Expands Production Partnership With Automotive Supplier Magna
Serve Robotics Inc (NASDAQ: SERV) said it is expanding its existing agreement with Magna International Inc (NYSE: MGA) to boost the adoption of robotics in logistics . Under the new agreement, Magna...
Serve Robotics Enters Production Agreement with Magna to Scale Robot Manufacturing
Serve to rely on Magna's manufacturing expertise to scale its fleet to up to 2,000 robots for Uber Eats and for geographic expansion Magna has been licensing Serve's technology to support development ...
Magna Announces Date for Q1 2024 Results Call
AURORA, Ontario, April 15, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. FIRST QUARTER 2024 RESULTS WEBCAST FRIDAY – MAY 3, 2024 8:00 AM ET LIVE AUDIO...
Magna International falls after Evercore ISI warns on Fisker headwinds
Evercore ISI downgraded Magna International due to headwinds from Fisker's soft performance. Analyst expects difficult first half of the year for Magna. Read more.
Magna International: A Global Automotive Supplier Currently On An Upswing
Magna International partners with Sanctuary AI on humanoid robot development
Magna Posts 2023 Annual Report
AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management's Discussion and Analysis and Audite...
Magna Announces Senior Notes Offering
AURORA, Ontario, March 05, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement in respect of the offering of U.S.$...
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GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace
General Motors, Magna International, and Wipro are teaming up to develop a platform for businesses to buy and sell automotive software.
General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse'
DETROIT, March 05, 2024 (GLOBE NEWSWIRE) -- General Motors (GM), global automotive supplier Magna, and leading technology services and consulting company Wipro Limited, have teamed up to develop a B2B...
GM, Magna and Wipro team up for automotive software marketplace
General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.
Magna International Inc's Dividend Analysis
Magna International Inc's Dividend Analysis
Magna International: Dividend Insights
Wednesday marks the last chance for investors to receive the next dividend payout from Magna International (NYSE: MGA). What's Happening The company announced on Monday that it would pay shareholders...
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
AURORA, Ontario, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a ...
These Analysts Slash Their Forecasts On Magna International After Q4 Results
Magna International Inc (NYSE: MGA) reported mixed fourth-quarter results on Friday . Magna International reported fourth-quarter 2023 sales of $10.45 billion, almost in line with the consensus of $1...
CORRECTION – Magna Announces Fourth Quarter 2023 Results and 2024 Outlook
In a release issued under the same headline on Friday, February 9th by Magna International Inc. (TSX: MG; NYSE: MGA), please note that some of the information in the Consolidated Statements of Cash Fl...
Magna International Inc at Morgan Stanley Laguna Conference Transcript
Magna International Inc at Morgan Stanley Laguna Conference Transcript