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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:MRE

Martinrea International (MRE) Stock Price, News & Analysis

C$12.16
-0.03 (-0.25%)
(As of 03/28/2024 ET)
Today's Range
C$12.15
C$12.33
50-Day Range
C$11.47
C$14.33
52-Week Range
C$11.10
C$15.16
Volume
257,376 shs
Average Volume
214,000 shs
Market Capitalization
C$950.18 million
P/E Ratio
6.30
Dividend Yield
1.64%
Price Target
C$18.21

Martinrea International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
49.8% 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.

3.95 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

Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Martinrea International Inc.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Martinrea just downgraded at Scotiabank, here's why
Martinrea International earnings: here's what Wall Street expects
Martinrea International Inc. (MRE.TO)
1 Value Stock Down 5.72% to Buy Right Now
Martinrea International Inc MRE
BMO Capital Keeps Their Buy Rating on Martinrea International (MRETF)
See More 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
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/29/2024
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
+49.8%
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$950.18 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Martinrea International in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 Wall Street analysts have issued 12-month price targets for Martinrea International's stock. Their MRE share price targets range from C$15.00 to C$21.50. On average, they anticipate the company's stock price to reach C$18.21 in the next twelve months. This suggests a possible upside of 49.8% 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 at the beginning of 2024. Since then, MRE shares have decreased by 15.2% and is now trading at C$12.16.
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) announced its earnings results on Thursday, February, 29th. The company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.05. The company earned $1.30 billion during the quarter, compared to the consensus estimate of $1.19 billion. Martinrea International had a net margin of 2.88% and a trailing twelve-month return on equity of 10.81%.

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 paid a dividend of 0.05 per share on Monday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend 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 3/29/2024 by MarketBeat.com Staff

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