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TSE:MRE

Martinrea International (MRE) Stock Price, News & Analysis

Martinrea International logo
C$10.08 +0.12 (+1.20%)
(As of 11:45 AM ET)

About Martinrea International Stock (TSE:MRE)

Key Stats

Today's Range
C$9.91
C$10.13
50-Day Range
C$9.65
C$11.80
52-Week Range
C$9.52
C$14.59
Volume
387,371 shs
Average Volume
156,535 shs
Market Capitalization
C$754.08 million
P/E Ratio
5.57
Dividend Yield
1.98%
Price Target
C$15.75
Consensus Rating
Moderate Buy

Company Overview

Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components. In addition, the company offers flexible manufacturing products comprising front and rear suspension modules, front vertical corner modules, bus frame assemblies, structural parts and fabrications, and metallic tanks and reservoirs. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.

Martinrea International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

MRE MarketRank™: 

Martinrea International scored higher than 72% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Martinrea International has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Martinrea International has only been the subject of 1 research reports in the past 90 days.

  • Read more about Martinrea International's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Martinrea International is 5.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Martinrea International is 5.60, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 385.12.

  • Price to Earnings Growth Ratio

    Martinrea International has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Martinrea International has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Martinrea International's valuation and earnings.
  • Short Interest

    There is no current short interest data available for MRE.
  • Dividend Yield

    Martinrea International pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Martinrea International does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Martinrea International is 11.05%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Martinrea International's dividend.
  • Short Interest

    There is no current short interest data available for MRE.
  • News Sentiment

    Martinrea International has a news sentiment score of -0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Consumer Cyclical companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Martinrea International this week, compared to 1 article on an average week.
  • MarketBeat Follows

    Only 1 people have added Martinrea International to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Martinrea International insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.31% of the stock of Martinrea International is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 16.55% of the stock of Martinrea International is held by institutions.

  • Read more about Martinrea International's insider trading history.
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MRE Stock News Headlines

Q4 Earnings Forecast for TSE:MRE Issued By Raymond James
[Charles Payne Live Event] Click to Confirm Your RSVP
The Blueprint to Protect Your Portfolio Charles Payne reveals a strategy few investors know about
CIBC Cuts Martinrea International (TSE:MRE) Price Target to C$14.50
Martinrea price target lowered to C$14.50 from C$17 at CIBC
What is Raymond James' Estimate for TSE:MRE FY2024 Earnings?
Equities Analysts Issue Forecasts for TSE:MRE Q4 Earnings
See More Headlines

MRE Stock Analysis - Frequently Asked Questions

Martinrea International's stock was trading at C$14.34 at the beginning of the year. Since then, MRE stock has decreased by 29.4% and is now trading at C$10.13.
View the best growth stocks for 2024 here
.

Shares of MRE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Martinrea International investors own include Enbridge (ENB), Magna International (MG), Royal Bank of Canada (RY), Linamar (LNR), Toronto-Dominion Bank (TD), Air Canada (AC) and Whitecap Resources (WCP).

Company Calendar

Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Today
11/22/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Industry
Auto Parts
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
19,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.75
High Stock Price Target
C$21.50
Low Stock Price Target
C$13.00
Potential Upside/Downside
+55.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
C$140.22 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.30 billion
Cash Flow
C$1.65 per share
Book Value
C$20.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$757.83 million
Optionable
Not Optionable
Beta
2.08
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This page (TSE:MRE) was last updated on 11/22/2024 by MarketBeat.com Staff
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