Magna International Inc. (NYSE:MGA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Magna International Inc. (NYSE:MGAGet Free Report) (TSE:MG) have been assigned an average recommendation of “Hold” from the eighteen analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $60.40.

A number of equities research analysts recently weighed in on MGA shares. Wells Fargo & Company lifted their price objective on shares of Magna International from $50.00 to $58.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Evercore raised their target price on shares of Magna International from $47.00 to $52.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Barclays boosted their price target on Magna International from $58.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday. Wall Street Zen raised Magna International from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 19th. Finally, Royal Bank Of Canada raised their price objective on Magna International from $48.00 to $59.00 and gave the stock a “sector perform” rating in a report on Tuesday.

View Our Latest Stock Analysis on MGA

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. State of Tennessee Department of Treasury raised its holdings in shares of Magna International by 0.6% in the 4th quarter. State of Tennessee Department of Treasury now owns 157,482 shares of the company’s stock valued at $8,095,000 after purchasing an additional 937 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Magna International by 7.8% during the fourth quarter. Russell Investments Group Ltd. now owns 2,090,887 shares of the company’s stock valued at $111,549,000 after buying an additional 151,819 shares during the period. Atlas Capital Advisors Inc. purchased a new position in Magna International during the fourth quarter valued at approximately $67,000. Arkadios Wealth Advisors raised its stake in Magna International by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 4,767 shares of the company’s stock worth $254,000 after buying an additional 324 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Magna International by 2.6% during the fourth quarter. Van ECK Associates Corp now owns 9,114 shares of the company’s stock worth $486,000 after buying an additional 235 shares during the period. Hedge funds and other institutional investors own 67.49% of the company’s stock.

Magna International Price Performance

MGA opened at $66.80 on Thursday. The business has a fifty day moving average of $55.26 and a 200 day moving average of $49.62. The stock has a market cap of $18.63 billion, a P/E ratio of 22.65 and a beta of 1.50. The company has a quick ratio of 0.83, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. Magna International has a 52-week low of $30.39 and a 52-week high of $69.94.

Magna International (NYSE:MGAGet Free Report) (TSE:MG) last released its earnings results on Friday, February 13th. The company reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.37. The business had revenue of $10.74 billion during the quarter, compared to the consensus estimate of $10.54 billion. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.69 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, sell-side analysts anticipate that Magna International will post 5.87 EPS for the current year.

Magna International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.495 per share. This is an increase from Magna International’s previous quarterly dividend of $0.49. This represents a $1.98 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, February 27th. Magna International’s payout ratio is 65.76%.

Key Magna International News

Here are the key news stories impacting Magna International this week:

  • Positive Sentiment: Post-earnings momentum and heavy trading: coverage notes Magna “revs nearly 20% in massive volume” after its quarter, indicating short-term buying and momentum flows that pushed the stock higher following results. Magna stock revs nearly 20% in massive volume on earnings; gets rating upgrade
  • Positive Sentiment: Raymond James raised its target to $75 (market perform), implying ~12% upside — a material bullish signal from a long-standing automotive analyst. Raymond James raise to $75
  • Positive Sentiment: TD Securities bumped its target to $75 and kept a “buy” stance, another clear upward catalyst supporting the stock’s rally potential. TD Securities raise to $75
  • Positive Sentiment: Scotiabank raised its target to $69 (sector perform), offering modest upside and reinforcing the post-earnings re-rating. Scotiabank raise to $69
  • Neutral Sentiment: Barclays nudged its target to $67 (equal weight) — a marginal upside that is unlikely to be a strong directional driver on its own. Barclays raise to $67
  • Neutral Sentiment: Longer-term momentum write-up: a feature arguing Magna is a top momentum stock may support investor interest in the name but is thematic rather than a fresh catalyst. Why Magna is a top momentum stock
  • Negative Sentiment: Goldman Sachs raised its target to $60 but kept a “sell” rating — the target sits materially below the current price, representing downside pressure from a major sell-side voice. Goldman Sachs raise to $60 (sell)
  • Negative Sentiment: RBC lifted its target to $59 (sector perform), still signaling roughly double-digit downside versus the current share price and tempering upside momentum. RBC raise to $59
  • Negative Sentiment: Morgan Stanley raised its target to $65 with an “equal weight” rating; the target is slightly below current levels, adding another cautious view amid the mix of upgrades. Morgan Stanley raise to $65

About Magna International

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Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.

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Analyst Recommendations for Magna International (NYSE:MGA)

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