41.04

3.96% -1.69

After Hours: 43.07 2.03 +4.95%

Magna International Inc (MGA)

Overview News Price History Option Chain Why MGA Down? Discussions Forecast Stock Split Dividend History

Magna International Inc stock is traded at $41.04, with a volume of 1.48M. It is down -3.96% in the last 24 hours and down -2.36% over the past month. Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.

Previous Close:

$42.73

Open:

$41.62

24h Volume:

1.48M

Relative Volume:

0.92

Market Cap:

$11.81B

Revenue:

$43.07B

Net Income/Loss:

$987.00M

P/E Ratio:

11.37

EPS:

3.61

Net Cash Flow:

$782.00M

1W Performance:

-2.68%

1M Performance:

-2.36%

6M Performance:

-24.67%

1Y Performance:

-23.45%

1-Day Range:

$40.67

$42.28

1-Week Range:

$40.20

$43.54

52-Week Range:

$38.01

$60.32

Magna International Inc Stock (MGA) Company Profile

Name

Magna International Inc

Sector

Consumer Cyclical (575)

Industry

Auto Parts (52)

Phone

Address

Employee

177,000

Twitter

@magnaint

Next Earnings Date

2024-08-02

Latest SEC Filings

MGA's Discussions on Twitter

Magna International Inc Stock (MGA) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-03-24	Downgrade	Goldman	Buy → Neutral
Sep-13-23	Initiated	UBS	Neutral
Aug-24-23	Resumed	Scotiabank	Sector Perform
Jul-06-23	Upgrade	BofA Securities	Neutral → Buy
May-08-23	Upgrade	Exane BNP Paribas	Underperform → Neutral
Apr-19-23	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Feb-15-23	Initiated	Barclays	Equal Weight
Feb-01-23	Upgrade	BMO Capital Markets	Market Perform → Outperform
Jan-25-23	Downgrade	TD Securities	Buy → Hold
Jan-09-23	Downgrade	BofA Securities	Buy → Neutral
Dec-14-22	Downgrade	Wells Fargo	Overweight → Equal Weight
Nov-23-22	Downgrade	Citigroup	Buy → Neutral
Apr-11-22	Initiated	Exane BNP Paribas	Underperform
Mar-16-22	Upgrade	Raymond James	Underperform → Mkt Perform
Mar-08-22	Downgrade	BMO Capital Markets	Outperform → Market Perform
Dec-16-21	Upgrade	Wells Fargo	Equal Weight → Overweight
Nov-08-21	Resumed	Citigroup	Buy
Oct-20-21	Downgrade	Raymond James	Mkt Perform → Underperform
Oct-15-21	Resumed	Morgan Stanley	Overweight
Oct-11-21	Downgrade	Barclays	Overweight → Equal Weight
Jun-24-21	Upgrade	Goldman	Neutral → Buy
Jun-21-21	Upgrade	Edward Jones	Hold → Buy
Apr-14-21	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Mar-26-21	Initiated	Wells Fargo	Equal Weight
Nov-09-20	Upgrade	BMO Capital Markets	Market Perform → Outperform
Nov-09-20	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Apr-27-20	Upgrade	Credit Suisse	Neutral → Outperform
Apr-15-20	Initiated	Goldman	Neutral
Mar-30-20	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Mar-24-20	Upgrade	KeyBanc Capital Markets	Sector Weight → Overweight
Jan-09-20	Initiated	The Benchmark Company	Buy
Dec-17-19	Resumed	RBC Capital Mkts	Outperform
Jun-27-19	Initiated	Credit Suisse	Neutral
May-01-19	Downgrade	Wolfe Research	Outperform → Peer Perform
Apr-16-19	Initiated	Seaport Global Securities	Buy
Apr-15-19	Downgrade	CIBC	Sector Outperform → Neutral
Feb-22-19	Downgrade	TD Securities	Buy → Hold
Jan-10-19	Upgrade	TD Securities	Hold → Buy
Oct-02-18	Initiated	Wolfe Research	Outperform
May-14-18	Initiated	Evercore ISI	Outperform
Mar-22-18	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Jan-19-18	Downgrade	TD Securities	Buy → Hold
Jan-12-18	Upgrade	Wells Fargo	Market Perform → Outperform
Jan-09-18	Reiterated	Macquarie	Outperform

View All

Magna International Inc Stock (MGA) Latest News

05:06 AM

GM, Magna-backed automotive software marketplace SDVerse opens - Automotive News

01:06 AM

10:00 AM

Is There Any Hope for Magna International Stock? - The Motley Fool Canada

10:00 AM

08:00 AM

SDVerse Launches B2B Automotive Software Marketplace, an Industry First for Software-Defined Vehicles - GlobeNewswire Inc.

08:00 AM

06:06 AM

Magna International's SWOT analysis: automotive supplier stock faces headwinds - Investing.com

06:06 AM

Sep 28, 2024

Magna International Inc. (NYSE:MGA) Short Interest Update - MarketBeat

Sep 28, 2024

Sep 27, 2024

Magna International Inc. stock rises Friday, outperforms market - MarketWatch

Sep 27, 2024

Sep 26, 2024

Magna International Inc. stock rises Thursday, outperforms market - MarketWatch

Sep 26, 2024

Sep 25, 2024

Magna International Inc. stock falls Wednesday, underperforms market - MarketWatch

Sep 25, 2024

Ford, GM shares fall after Morgan Stanley analyst downgrade - Reuters

Sep 25, 2024

Magna International (NYSE:MGA) Downgraded by Morgan Stanley - MarketBeat

Sep 25, 2024

Toronto Dominion Bank Has $67.43 Million Stock Holdings in Magna International Inc. (NYSE:MGA) - MarketBeat

Sep 25, 2024

Sep 24, 2024

Magna International Inc. stock rises Tuesday, outperforms market - MarketWatch

Sep 24, 2024

Magna Signs Agreement To Acquire Automotive Electronics Engineering Business - AftermarketNews.com (AMN)

Sep 24, 2024

Magna International (TSX:MG) Sees Strong Q2 Sales and Strategic Cost Management, Signals Potential Growth - Simply Wall St

Sep 24, 2024

Magna International (TSX:MG) Sees Strong Q2 Sales and Strategic Cost Management, Signals Potential Growth - Yahoo Finance

Sep 24, 2024

Sep 23, 2024

Magna International Inc. stock rises Monday, still underperforms market - MarketWatch

Sep 23, 2024

Sep 20, 2024

Magna International (NYSE:MGA) PT Raised to $44.00 - MarketBeat

Sep 20, 2024

Magna International Inc. stock falls Friday, underperforms market - MarketWatch

Sep 20, 2024

November 15th Options Now Available For Magna International (MGA) - Nasdaq

Sep 20, 2024

JARISLOWSKY FRASER Ltd Purchases 395,745 Shares of Magna International Inc. (NYSE:MGA) - MarketBeat

Sep 20, 2024

Automobile Rearview Mirror Market 2024 Key Companies | Magna International Inc, Gentex Corporation, Ichikoh Industries Ltd, Ficosa Internacional SA – Cauverynews - Cauverynews

Sep 20, 2024

Sep 18, 2024

Magna International Inc. stock rises Wednesday, outperforms market - MarketWatch

Sep 18, 2024

What Does Magna International Inc.'s (TSE:MG) Share Price Indicate? - Yahoo Finance

Sep 18, 2024

Sep 16, 2024

Quantbot Technologies LP Purchases 114,160 Shares of Magna International Inc. (NYSE:MGA) - MarketBeat

Sep 16, 2024

Magna says AI-boosted thermal sensing is more effective, cuts back on false automatic emergency braking activations - Automotive News

Sep 16, 2024

Sep 15, 2024

A Piece Of The Puzzle Missing From Magna International Inc.'s (TSE:MG) Share Price - Simply Wall St

Sep 15, 2024

Magna International Inc. (NYSE:MGA) Short Interest Down 31.6% in August - MarketBeat

Sep 15, 2024

Sep 14, 2024

Local Magna worker competing in ‘daunting’ 2,500-km desert rally - BradfordToday

Sep 14, 2024

Magna worker competing in ‘daunting’ 2,500-km desert rally - BarrieToday

Sep 14, 2024

Sep 13, 2024

AGF Management Ltd. Lowers Holdings in Magna International Inc. (NYSE:MGA) - MarketBeat

Sep 13, 2024

Sep 12, 2024

Magna International Inc. stock rises Thursday, still underperforms market - MarketWatch

Sep 12, 2024

Magna International Inc. (NYSE:MGA) Receives $51.06 Consensus Price Target from Brokerages - MarketBeat

Sep 12, 2024

Sep 11, 2024

Magna Chief Weighs In On Trends In Automotive Industry - Forbes

Sep 11, 2024