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TSE:MRE

Martinrea International (MRE) Stock Price, News & Analysis

C$11.04
-0.21 (-1.87%)
(As of 09/6/2024 ET)
Today's Range
C$10.97
C$11.32
50-Day Range
C$10.29
C$12.02
52-Week Range
C$10.05
C$14.59
Volume
101,891 shs
Average Volume
163,736 shs
Market Capitalization
C$825.90 million
P/E Ratio
6.10
Dividend Yield
1.81%
Price Target
C$17.79

Martinrea International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
61.1% Upside
C$17.79 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$108,013 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.63 out of 5 stars

MRE stock logo

About Martinrea International Stock (TSE:MRE)

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.

MRE Stock Price History

MRE Stock News Headlines

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Martinrea Sustainability Report Wins 2024 APEX Award
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
MRE:CA Martinrea International Inc.
Martinrea International Inc.
Martinrea just downgraded at Scotiabank, here's why
Martinrea International earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
8/06/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/13/2024

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$17.79
High Stock Price Target
C$21.50
Low Stock Price Target
C$14.50
Potential Upside/Downside
+61.1%
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$1.80 per share
Book Value
C$20.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$825.90 million
Optionable
Not Optionable
Beta
2.10
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Key Executives

  • Mr. Robert P. Wildeboer (Age 64)
    Executive Chairman of the Board
    Comp: $1.89M
  • Mr. Frank Patrick D'Eramo (Age 61)
    CEO & Director
    Comp: $2.09M
  • Mr. Fred Di Tosto (Age 48)
    President & CFO
    Comp: $983.68k
  • Mr. Armando Pagliari
    Executive Vice President of Human Resources
  • Mr. Larry Paine
    Executive Vice-President of Metallics Business Unit
  • Mr. Ganesh Koduvayur-Venkatasubramanian-K. Iyer
    Chief Technology Officer
  • Mr. Neil Forster MBA
    Director of Investor Relations & Corporate Development
  • Kerri Pope
    General Counsel & Corporate Secretary
  • Ms. Deanna S. Lorincz
    Global Director of Communications & Marketing
  • Mr. Bruce Johnson
    Executive Vice President of Martinrea Innovation Developments Inc.

MRE Stock Analysis - Frequently Asked Questions

How have MRE shares performed this year?

Martinrea International's stock was trading at C$14.34 at the start of the year. Since then, MRE stock has decreased by 23.0% and is now trading at C$11.04.
View the best growth stocks for 2024 here
.

How were Martinrea International's earnings last quarter?

Martinrea International Inc. (TSE:MRE) released its quarterly earnings data on Tuesday, August, 6th. The company reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by $0.03. The business had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.33 billion. Martinrea International had a trailing twelve-month return on equity of 9.43% and a net margin of 2.65%.

How do I buy shares of Martinrea International?

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.

What other stocks do shareholders of Martinrea International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Martinrea International investors own include Enbridge (ENB), Extendicare (EXE), Linamar (LNR), Magna International (MG), Bombardier, Inc. Class B (BBD.B), Canadian National Railway (CNR) and Toronto-Dominion Bank (TD).

This page (TSE:MRE) was last updated on 9/7/2024 by MarketBeat.com Staff

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