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TSE:MRE

Martinrea International (MRE) Stock Price, News & Analysis

C$12.28
+0.09 (+0.74%)
(As of 10:20 AM ET)
Today's Range
C$12.17
C$12.33
50-Day Range
C$11.47
C$14.33
52-Week Range
C$11.10
C$15.16
Volume
20,798 shs
Average Volume
210,151 shs
Market Capitalization
C$959.56 million
P/E Ratio
6.36
Dividend Yield
1.63%
Price Target
C$18.21

Martinrea International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
49.4% Upside
C$18.21 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$348,645 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.

3.94 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. The company was incorporated in 1987 and is headquartered in Vaughan, Canada.

MRE Stock Price History

MRE Stock News Headlines

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Company Calendar

Ex-Dividend for 1/15 Dividend
1/12/2024
Dividend Payable
1/15/2024
Last Earnings
2/29/2024
Today
3/27/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
5/02/2024

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$18.21
High Stock Price Target
C$21.50
Low Stock Price Target
C$15.00
Potential Upside/Downside
+49.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
C$153.66 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.34 billion
Cash Flow
C$1.98 per share
Book Value
C$18.75 per share

Miscellaneous

Free Float
N/A
Market Cap
C$952.53 million
Optionable
Not Optionable
Beta
2.29
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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

Should I buy or sell Martinrea International stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MRE shares.
View MRE analyst ratings
or view top-rated stocks.

What is Martinrea International's stock price target for 2024?

5 analysts have issued 1-year target prices for Martinrea International's stock. Their MRE share price targets range from C$15.00 to C$21.50. On average, they predict the company's stock price to reach C$18.21 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price.
View analysts price targets for MRE
or view top-rated stocks among Wall Street analysts.

How have MRE shares performed in 2024?

Martinrea International's stock was trading at C$14.34 on January 1st, 2024. Since then, MRE stock has decreased by 15.0% and is now trading at C$12.19.
View the best growth stocks for 2024 here
.

When is Martinrea International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MRE earnings forecast
.

How were Martinrea International's earnings last quarter?

Martinrea International Inc. (TSE:MRE) posted its earnings results on Thursday, February, 29th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by $0.05. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.19 billion. Martinrea International had a trailing twelve-month return on equity of 10.81% and a net margin of 2.88%.

How often does Martinrea International pay dividends? What is the dividend yield for Martinrea International?

Martinrea International announced a quarterly dividend on Thursday, February 29th. Investors of record on Sunday, March 31st will be given a dividend of 0.05 per share on Monday, April 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for MRE
.

Is Martinrea International a good dividend stock?

Martinrea International (TSE:MRE) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.67%. The dividend payout ratio is 10.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRE.

What other stocks do shareholders of Martinrea International own?
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.

This page (TSE:MRE) was last updated on 3/28/2024 by MarketBeat.com Staff

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