Free Trial

Magna International (MGA) News Today

Magna International logo
$34.55 +0.33 (+0.96%)
Closing price 04/2/2025 03:58 PM Eastern
Extended Trading
$33.84 -0.70 (-2.04%)
As of 08:01 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Sets New 1-Year Low - Should You Sell?
Magna International (NYSE:MGA) Hits New 1-Year Low - Time to Sell?
Magna International Inc. stock logo
Quantbot Technologies LP Trims Stock Holdings in Magna International Inc. (NYSE:MGA)
Quantbot Technologies LP lessened its holdings in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 97.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,201 shares of
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Receives Average Recommendation of "Hold" from Analysts
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) has been assigned a consensus rating of "Hold" from the nineteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five h
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Short Interest Update
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 7,400,000 shares, a drop of 53.3% from the February 28th total of 15,830,000 shares. Approximately 2.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is currently 4.3 days.
Magna International Inc.: Magna Posts 2024 Annual Report
Magna Posts 2024 Annual Report
Magna International Inc. stock logo
Magna International (NYSE:MGA) Shares Down 7.8% - Time to Sell?
Magna International (NYSE:MGA) Stock Price Down 7.8% - Time to Sell?
Magna International Inc. stock logo
Mufg Securities Canada LTD. Has $17.23 Million Stock Position in Magna International Inc. (NYSE:MGA)
Mufg Securities Canada LTD. lifted its stake in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 72.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 412,454 shares of the company'
Magna International Inc. stock logo
Sciencast Management LP Invests $653,000 in Magna International Inc. (NYSE:MGA)
Sciencast Management LP bought a new position in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,615 shares of the company's stock, valued at approximately $653,000. A n
Magna International Inc. stock logo
What is Scotiabank's Estimate for MGA FY2026 Earnings?
Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) - Scotiabank issued their FY2026 earnings estimates for shares of Magna International in a research note issued on Wednesday, March 19th. Scotiabank analyst J. Goldman anticipates that the company will post earnings of $6.21 per share for
Magna International Inc. stock logo
Nikko Asset Management Americas Inc. Has $4.40 Million Stock Holdings in Magna International Inc. (NYSE:MGA)
Nikko Asset Management Americas Inc. lessened its holdings in shares of Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 12.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 105,395 shares of the company's stock after selling 15,089 shares durin
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Short Interest Up 67.3% in February
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 15,830,000 shares, a growth of 67.3% from the February 13th total of 9,460,000 shares. Based on an average daily volume of 1,740,000 shares, the short-interest ratio is currently 9.1 days. Currently, 6.0% of the shares of the company are short sold.
Magna International Inc. stock logo
Amundi Sells 67,996 Shares of Magna International Inc. (NYSE:MGA)
Amundi lowered its position in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 12.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 489,521 shares of the company's stock after selling 67,996 shares during the quarter. A
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Holdings Lifted by Bank of New York Mellon Corp
Bank of New York Mellon Corp increased its holdings in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,280 shares of the c
Magna International Inc. stock logo
AGF Management Ltd. Sells 157,165 Shares of Magna International Inc. (NYSE:MGA)
AGF Management Ltd. lessened its stake in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 68.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,430 shares of the company's stock after selling 157,165 shares
Scotiabank Sticks to Their Hold Rating for Magna International (MGA)
Magna International Inc. stock logo
Brokerages Set Magna International Inc. (NYSE:MGA) PT at $47.03
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) has been assigned an average rating of "Hold" from the nineteen research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and
Magna International Inc. stock logo
CIBC Lowers Magna International (NYSE:MGA) Price Target to $36.50
CIBC cut their target price on Magna International from $44.00 to $36.50 and set a "neutral" rating on the stock in a research note on Wednesday.
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Given Consensus Recommendation of "Hold" by Analysts
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) has earned a consensus recommendation of "Hold" from the nineteen ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and five
Magna International Inc. stock logo
Jones Financial Companies Lllp Purchases 29,567 Shares of Magna International Inc. (NYSE:MGA)
Jones Financial Companies Lllp increased its position in Magna International Inc. (NYSE:MGA - Free Report) (TSE:MG) by 35.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 112,932 shares of the company's stock after purchasing an addit
Magna International Inc. stock logo
Magna International (NYSE:MGA) Stock Rating Lowered by Bank of America
Bank of America lowered Magna International from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $52.00 to $48.00 in a research note on Tuesday.
Magna International Inc. stock logo
Bank of America Downgrades Magna International (NYSE:MGA) to Neutral
Bank of America downgraded shares of Magna International from a "buy" rating to a "neutral" rating and decreased their target price for the company from $52.00 to $48.00 in a research note on Tuesday.
Magna International Inc. stock logo
Morgan Stanley Lowers Magna International (NYSE:MGA) Price Target to $40.00
Morgan Stanley reduced their price objective on shares of Magna International from $43.00 to $40.00 and set an "equal weight" rating on the stock in a research report on Monday.
Magna International Inc. stock logo
Short Interest in Magna International Inc. (NYSE:MGA) Increases By 57.4%
Magna International Inc. (NYSE:MGA - Get Free Report) (TSE:MG) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 9,460,000 shares, a growth of 57.4% from the January 31st total of 6,010,000 shares. Currently, 3.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,660,000 shares, the short-interest ratio is presently 5.7 days.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Sees Strong Trading Volume - What's Next?
Magna International (NYSE:MGA) Sees Unusually-High Trading Volume - Time to Buy?
Magna International Inc. stock logo
Magna International (NYSE:MGA) Price Target Cut to $50.00 by Analysts at Raymond James
Raymond James dropped their price target on Magna International from $53.00 to $50.00 and set a "market perform" rating for the company in a research note on Tuesday.
Magna International Inc. stock logo
Royal Bank of Canada Issues Pessimistic Forecast for Magna International (NYSE:MGA) Stock Price
Royal Bank of Canada lowered their target price on shares of Magna International from $52.00 to $51.00 and set an "outperform" rating on the stock in a report on Tuesday.
Magna International Inc. stock logo
Scotiabank Lowers Magna International (NYSE:MGA) Price Target to $45.00
Scotiabank decreased their price objective on Magna International from $49.00 to $45.00 and set a "sector perform" rating for the company in a report on Tuesday.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Price Target Lowered to $47.00 at TD Securities
TD Securities reduced their target price on Magna International from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Tuesday.
Magna International Inc. stock logo
Evercore ISI Has Lowered Expectations for Magna International (NYSE:MGA) Stock Price
Evercore ISI dropped their price target on shares of Magna International from $50.00 to $45.00 and set an "in-line" rating on the stock in a research note on Tuesday.
Magna International Inc. stock logo
UBS Group Issues Pessimistic Forecast for Magna International (NYSE:MGA) Stock Price
UBS Group dropped their price target on Magna International from $44.00 to $41.00 and set a "neutral" rating on the stock in a research note on Tuesday.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Price Target Lowered to $47.00 at Barclays
Barclays cut their price objective on shares of Magna International from $50.00 to $47.00 and set an "equal weight" rating for the company in a research report on Tuesday.
Scotiabank Reaffirms Their Hold Rating on Magna International (MGA)
Magna International (MGA) Gets a Buy from RBC Capital
Evercore ISI Sticks to Their Hold Rating for Magna International (MGA)
Magna International Inc. stock logo
Magna International Inc. (NYSE:MGA) Plans Dividend Increase - $0.49 Per Share
Magna International Inc. (NYSE:MGA) (TSE:MG) announced a quarterly dividend on Friday, February 14th. Stockholders of record on Friday, February 28th will be paid a dividend of 0.485 per share on Friday, March 14th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Magna International's previous quarterly dividend of $0.48.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Issues Quarterly Earnings Results, Beats Estimates By $0.23 EPS
Magna International (NYSE:MGA - Get Free Report) (TSE:MG) released its quarterly earnings results on Friday. The company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.23. The business had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.32 billion. Magna International had a net margin of 2.52% and a return on equity of 11.88%. The company's quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm earned $1.33 earnings per share.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Announces Quarterly Earnings Results
Magna International (NYSE:MGA - Get Free Report) (TSE:MG) released its earnings results on Friday. The company reported $1.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.23. The firm had revenue of $10.63 billion for the quarter, compared to analysts' expectations of $10.32 billion. Magna International had a return on equity of 11.88% and a net margin of 2.52%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.33 earnings per share.
Magna International Inc. stock logo
Magna International (NYSE:MGA) Shares Gap Down - Here's What Happened
Magna International (NYSE:MGA) Shares Gap Down - Here's Why
Remove Ads
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.

MGA Media Mentions By Week

MGA Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

MGA
News Sentiment

0.63

0.57

Average
Auto/Tires/Trucks
News Sentiment

MGA News Coverage

We track news headlines from hundreds of news outlets and tag them by company. 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

9

4

MGA Articles
Average Week

Remove Ads
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.


Related Companies and Tools


This page (NYSE:MGA) was last updated on 4/3/2025 by MarketBeat.com Staff
From Our Partners