Research Analysts Issue Forecasts for MGA FY2026 Earnings

Magna International Inc. (NYSE:MGA) (TSE:MG) – Investment analysts at Scotiabank upped their FY2026 EPS estimates for Magna International in a research note issued to investors on Thursday, February 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $7.07 for the year, up from their previous estimate of $6.00. Scotiabank currently has a “Sector Perform” rating and a $69.00 target price on the stock. The consensus estimate for Magna International’s current full-year earnings is $5.87 per share. Scotiabank also issued estimates for Magna International’s FY2027 earnings at $8.73 EPS.

A number of other research analysts have also issued reports on MGA. Evercore lifted their target price on Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a report on Monday, November 24th. Wells Fargo & Company lifted their price objective on Magna International from $50.00 to $58.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. The Goldman Sachs Group boosted their price objective on Magna International from $49.00 to $60.00 and gave the stock a “sell” rating in a research report on Tuesday, February 17th. TD Securities raised their target price on shares of Magna International from $58.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Citigroup lifted their price target on shares of Magna International from $49.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $61.73.

Magna International Stock Performance

NYSE:MGA opened at $64.92 on Monday. Magna International has a 52 week low of $30.39 and a 52 week high of $69.94. The company has a fifty day simple moving average of $55.82 and a two-hundred day simple moving average of $50.01. The company has a quick ratio of 0.87, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a market cap of $18.10 billion, a price-to-earnings ratio of 22.01 and a beta of 1.50.

Magna International (NYSE:MGA) (TSE:MG) last announced 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 firm had revenue of $10.74 billion for the quarter, compared to the consensus estimate of $10.54 billion. Magna International had a net margin of 1.99% and a return on equity of 12.73%. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.69 EPS. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS.

Magna International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.495 dividend. This is a boost from Magna International’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.1%. Magna International’s payout ratio is currently 65.76%.

Institutional Investors Weigh In On Magna International

Several large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in shares of Magna International by 35.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock worth $42,000 after acquiring an additional 205 shares during the last quarter. 1620 Investment Advisors Inc. boosted its stake in Magna International by 2.7% during the 4th quarter. 1620 Investment Advisors Inc. now owns 8,232 shares of the company’s stock worth $439,000 after purchasing an additional 215 shares during the period. Van ECK Associates Corp grew its position in Magna International by 2.6% during the 4th quarter. Van ECK Associates Corp now owns 9,114 shares of the company’s stock worth $486,000 after purchasing an additional 235 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Magna International by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company’s stock worth $675,000 after purchasing an additional 246 shares during the last quarter. Finally, Arkadios Wealth Advisors increased 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 valued at $254,000 after purchasing an additional 324 shares during the period. 67.49% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Magna International

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

• Positive Sentiment: CIBC upgraded MGA to an “outperformer” (from neutral) and lifted its price target sharply to $76 (from $56), a sizable endorsement that supports further upside expectations. Article Title
• Positive Sentiment: Raymond James raised its price target to $75, adding to the sell‑side momentum behind the stock after Magna’s better‑than‑expected quarter. Article Title
• Positive Sentiment: Barclays increased its price target to $67, and analysts from Morgan Stanley and Goldman Sachs separately flagged upside potential — multiple firms now citing stronger fundamentals and forward guidance as drivers. Barclays Article Morgan Stanley Article Goldman Sachs Article
• Neutral Sentiment: Royal Bank of Canada raised its price target to $59 — an upgrade but still below recent trading levels, so its immediate impact on sentiment is mixed. Article Title
• Neutral Sentiment: Aggregated broker data still shows an average recommendation near “Hold,” indicating the analyst community is upbeat but not uniformly bullish. Article Title

About Magna International

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.