Magna International (MGA) News Today $41.62 -1.34 (-3.12%) (As of 10/29/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 November 2021 Time Period Magna International (NYSE:MGA) Price Target Cut to $42.00 by Analysts at Royal Bank of CanadaOctober 30 at 4:25 AM | americanbankingnews.comForsta AP Fonden Boosts Position in Magna International Inc. (NYSE:MGA)Forsta AP Fonden increased its holdings in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 20.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,300 shares of the company's stock after acquiring an addOctober 30 at 4:22 AM | marketbeat.comMagna International: RBC Cuts Valuation on Production CutsOctober 29 at 11:08 PM | theglobeandmail.comRoyal Bank of Canada Trims Magna International (NYSE:MGA) Target Price to $42.00Royal Bank of Canada cut their price target on shares of Magna International from $47.00 to $42.00 and set a "sector perform" rating for the company in a research report on Tuesday.October 29 at 2:16 PM | marketbeat.comMagna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEMOctober 29 at 7:30 AM | globenewswire.comMagna International (MGA) to Release Earnings on FridayMagna International (NYSE:MGA) (TSE:MG) will be releasing earnings before the market opens on Friday, November 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=632548)October 25, 2024 | marketbeat.comMagna International Inc. (NYSE:MGA): Among The 10 Oversold Canadian Stocks to Buy Right NowOctober 24, 2024 | msn.comMagna International Inc. (MGA): An Oversold Large Cap Stock To Buy NowOctober 21, 2024 | finance.yahoo.comMagna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth RateOctober 14, 2024 | seekingalpha.comMillennium Management LLC Acquires 93,637 Shares of Magna International Inc. (NYSE:MGA)Millennium Management LLC grew its holdings in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 135.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 162,739 shares of the company's stock after purchasing an additOctober 11, 2024 | marketbeat.comMagna International (NYSE:MGA) Stock, Short Interest ReportOctober 4, 2024 | benzinga.comMagna International (NYSE:MGA) Price Target Cut to $41.00The Goldman Sachs Group decreased their price objective on shares of Magna International from $44.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday.October 1, 2024 | marketbeat.comIs There Any Hope for Magna International Stock?September 30, 2024 | fool.caMagna Announces Date for Q3 2024 Results CallSeptember 30, 2024 | globenewswire.comMagna International (NYSE:MGA) Price Target Cut to $52.00TD Securities dropped their price objective on shares of Magna International from $53.00 to $52.00 and set a "buy" rating on the stock in a report on Monday.September 30, 2024 | marketbeat.comWells Fargo Reaffirms Their Hold Rating on Magna International (MGA)September 30, 2024 | markets.businessinsider.comDividends Don't (Usually) LieSeptember 30, 2024 | gurufocus.comMagna International Inc. (NYSE:MGA) Short Interest UpdateMagna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 7,680,000 shares, a decrease of 21.8% from the August 31st total of 9,820,000 shares. Approximately 2.9% of the company's stock are sold short. Based on an average daily trading volume, of 1,610,000 shares, the days-to-cover ratio is presently 4.8 days.September 27, 2024 | marketbeat.comMagna International (NYSE:MGA) Downgraded to "Equal Weight" at Morgan StanleyMorgan Stanley lowered Magna International from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $55.00 to $43.00 in a report on Wednesday.September 25, 2024 | marketbeat.comToronto Dominion Bank Has $67.43 Million Stock Holdings in Magna International Inc. (NYSE:MGA)Toronto Dominion Bank boosted its position in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,609,223 shares of the company's stock after purchasing an additionaSeptember 25, 2024 | marketbeat.comIndustry leaders welcome Marcos signing of Magna Carta of SeafarersSeptember 24, 2024 | msn.comBong Go hails signing of landmark Magna Carta for Filipino SeafarersSeptember 24, 2024 | msn.comWells Fargo Remains a Hold on Magna International (MGA)September 20, 2024 | markets.businessinsider.comJARISLOWSKY FRASER Ltd Has $299.54 Million Holdings in Magna International Inc. (NYSE:MGA)JARISLOWSKY FRASER Ltd lifted its holdings in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 5.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,148,236 shares of the company's stock after acquiring an additional 395,September 19, 2024 | marketbeat.comHoliday Shoppers, Rejoice: The Toy Insider Experts Reveal the Hottest Toys of 2024 that Deliver Big Value!September 17, 2024 | finance.yahoo.comQuantbot Technologies LP Has $5.56 Million Stake in Magna International Inc. (NYSE:MGA)Quantbot Technologies LP increased its stake in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 616.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,688 sharSeptember 16, 2024 | marketbeat.comMagna International Inc. (NYSE:MGA) Short Interest Down 31.6% in AugustMagna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 9,820,000 shares, a decrease of 31.6% from the August 15th total of 14,360,000 shares. Approximately 3.7% of the company's shares are short sold. Based on an average daily trading volume, of 1,590,000 shares, the short-interest ratio is currently 6.2 days.September 15, 2024 | marketbeat.comAGF Management Ltd. Decreases Holdings in Magna International Inc. (NYSE:MGA)AGF Management Ltd. cut its stake in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 10.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 163,112 shares of the company's stock after sellinSeptember 13, 2024 | marketbeat.comWolfe Research Reaffirms Underperform Rating for Magna International (NYSE:MGA)Wolfe Research reiterated an "underperform" rating on shares of Magna International in a report on Thursday.September 5, 2024 | marketbeat.comMobileye Global: CEO Makes $10 Million Bet on Future Strength (MGA)Mobileye Global Inc. (NASDAQ: MBLY) is a leading developer of advanced driver assistance systems (ADAS) vehicle solutions.August 26, 2024 | marketbeat.comSumitomo Mitsui Trust Holdings Inc. Sells 816,039 Shares of Magna International Inc. (NYSE:MGA)Sumitomo Mitsui Trust Holdings Inc. trimmed its stake in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 86.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,060 sharesAugust 22, 2024 | marketbeat.comMagna International (NYSE:MGA) Sees Large Volume IncreaseMagna International (NYSE:MGA) Sees Strong Trading VolumeAugust 15, 2024 | marketbeat.comShort Interest in Magna International Inc. (NYSE:MGA) Rises By 49.2%Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,430,000 shares, an increase of 49.2% from the July 15th total of 7,660,000 shares. Based on an average trading volume of 1,910,000 shares, the days-to-cover ratio is presently 6.0 days. Currently, 4.3% of the shares of the company are sold short.August 14, 2024 | marketbeat.comMagna International (NYSE:MGA) Price Target Cut to $55.00Morgan Stanley decreased their target price on shares of Magna International from $60.00 to $55.00 and set an "overweight" rating for the company in a report on Wednesday.August 14, 2024 | marketbeat.comRoyal Bank of Canada Lowers Magna International (NYSE:MGA) Price Target to $47.00Royal Bank of Canada dropped their price target on Magna International from $57.00 to $47.00 and set a "sector perform" rating for the company in a research report on Tuesday.August 13, 2024 | marketbeat.comMagna International (NYSE:MGA) Sets New 1-Year Low at $38.19Magna International (NYSE:MGA) Hits New 1-Year Low at $38.19August 12, 2024 | marketbeat.comAnalysts Offer Insights on Consumer Cyclical Companies: Cheesecake Factory (CAKE), Magna International (MGA) and Mercadolibre (MELI)August 11, 2024 | markets.businessinsider.comCIBC CAPITAL MARKETS Downgrades Magna International (MGA)August 11, 2024 | msn.comARC INDEPENDENT RESEARCH Downgrades Magna International (MGA)August 11, 2024 | msn.comMagna Recommends Rejection of "Mini-Tender" OfferAugust 9, 2024 | globenewswire.comMagna International: No Rush To Start A PositionAugust 5, 2024 | seekingalpha.comMGA Aug 2024 27.500 putAugust 4, 2024 | ca.finance.yahoo.comMagna International (NYSE:MGA) Stock Quotes, Forecast and News SummaryAugust 4, 2024 | benzinga.comMagna International (NYSE:MGA) Issues Quarterly Earnings ResultsMagna International (NYSE:MGA - Get Free Report) (TSE:MG) released its quarterly earnings data on Friday. The company reported $1.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($0.11). The firm had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $11.01 billion. Magna International had a net margin of 2.35% and a return on equity of 12.96%. The business's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.50 earnings per share.August 3, 2024 | marketbeat.comMagna International Inc. (NYSE:MGA) to Issue Quarterly Dividend of $0.48Magna International Inc. (NYSE:MGA) (TSE:MG) announced a quarterly dividend on Friday, August 2nd. Investors of record on Friday, August 16th will be given a dividend of 0.475 per share on Friday, August 30th. This represents a $1.90 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date is Friday, August 16th.August 3, 2024 | marketbeat.comMagna International (NYSE:MGA) Reaches New 12-Month Low at $40.80Magna International (NYSE:MGA) Hits New 52-Week Low at $40.80August 2, 2024 | marketbeat.comMagna Announces Second Quarter 2024 ResultsAugust 2, 2024 | globenewswire.comMagna International Q2 2024 Earnings PreviewAugust 1, 2024 | msn.comMagna International (MGA) Scheduled to Post Earnings on FridayMagna International (NYSE:MGA) (TSE:MG) will be releasing earnings before the market opens on Friday, August 2, Zacks reports.July 26, 2024 | marketbeat.comMagna International (NYSE:MGA) Given New $50.00 Price Target at CIBCCIBC decreased their price objective on shares of Magna International from $54.00 to $50.00 and set a "neutral" rating for the company in a report on Thursday.July 25, 2024 | marketbeat.com Get Magna International News Delivered to You Automatically Sign up to receive the latest news and ratings for MGA and its competitors with MarketBeat's FREE daily newsletter. 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This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. MGA Articles This Week▼63▲MGA Articles Average Week Get Magna International News Delivered to You Automatically Sign up to receive the latest news and ratings for MGA and its competitors with MarketBeat's FREE daily newsletter. 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