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

Magna International Inc. (NYSE:MGA) (TSE:MG) has received a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $60.40.

MGA has been the subject of several research reports. Morgan Stanley increased their price objective on shares of Magna International from $54.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday. BMO Capital Markets upped their target price on shares of Magna International from $49.00 to $52.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. TD Securities increased their price target on shares of Magna International from $58.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on Magna International from $53.00 to $57.00 and gave the stock an “overweight” rating in a research note on Monday, November 3rd. Finally, Wells Fargo & Company raised 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.

Magna International Stock Performance

NYSE MGA opened at $66.80 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.83. Magna International has a 1-year low of $30.39 and a 1-year high of $69.94. The business has a 50 day simple moving average of $55.26 and a two-hundred day simple moving average of $49.62. The stock has a market capitalization of $18.63 billion, a PE ratio of 22.65 and a beta of 1.50.

Magna International (NYSE:MGA) (TSE:MG) last posted its earnings results on Friday, February 13th. The company reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.37. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The firm had revenue of $10.74 billion during the quarter, compared to the consensus estimate of $10.54 billion. During the same period in the prior year, the company earned $1.69 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. On average, research analysts predict that Magna International will post 5.87 EPS for the current fiscal year.

Magna International Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MGA. ARGA Investment Management LP lifted its holdings in shares of Magna International by 33.2% in the 3rd quarter. ARGA Investment Management LP now owns 4,148,133 shares of the company’s stock worth $196,557,000 after acquiring an additional 1,033,747 shares during the last quarter. Hillsdale Investment Management Inc. bought a new position in Magna International during the 3rd quarter valued at about $33,593,000. Geode Capital Management LLC raised its position in Magna International by 20.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,015,407 shares of the company’s stock worth $77,332,000 after purchasing an additional 338,470 shares during the period. AGF Management Ltd. purchased a new stake in Magna International in the 3rd quarter worth about $14,191,000. Finally, Achmea Investment Management B.V. bought a new stake in Magna International in the third quarter worth about $8,606,000. Institutional investors own 67.49% of the company’s stock.

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

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.