Magna International (NYSE:MGA) Given New $65.00 Price Target at Morgan Stanley

Magna International (NYSE:MGA) (TSE:MG) had its target price upped by Morgan Stanley from $54.00 to $65.00 in a report published on Wednesday,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other brokerages have also issued reports on MGA. 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. BMO Capital Markets boosted their target price on shares of Magna International from $49.00 to $52.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Evercore lifted their price target on Magna International from $47.00 to $52.00 and gave the stock an “in-line” rating in a research note on Monday, November 24th. Wall Street Zen upgraded Magna International from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 19th. Finally, Royal Bank Of Canada increased their target price on Magna International from $48.00 to $59.00 and gave the stock a “sector perform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $60.40.

Magna International Stock Down 0.0%

Shares of Magna International stock opened at $66.80 on Wednesday. Magna International has a 1-year low of $30.39 and a 1-year high of $69.94. The company has a market capitalization of $18.63 billion, a PE ratio of 22.65 and a beta of 1.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.83. The business has a 50-day moving average of $55.26 and a 200-day moving average of $49.62.

Magna International (NYSE:MGA) (TSE:MG) last issued its quarterly 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 quarter in the prior year, the business posted $1.69 earnings per share. Magna International’s revenue for the quarter was up 2.1% on a year-over-year basis. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, equities analysts forecast that Magna International will post 5.87 EPS for the current fiscal year.

Magna International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders 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. This represents a $1.98 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, February 27th. Magna International’s dividend payout ratio is 65.76%.

Institutional Trading of Magna International

Several hedge funds have recently bought and sold shares of MGA. Community Bank N.A. bought a new position in Magna International in the 3rd quarter worth about $29,000. EverSource Wealth Advisors LLC boosted 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 buying an additional 205 shares during the period. IFC & Insurance Marketing Inc. bought a new position in Magna International in the 4th quarter worth approximately $49,000. Atlas Capital Advisors Inc. acquired a new stake in Magna International in the 4th quarter valued at approximately $67,000. Finally, Danske Bank A S bought a new stake in Magna International during the 3rd quarter valued at $112,000. 67.49% of the stock is currently owned by institutional investors.

Trending Headlines about Magna International

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

Magna International Company Profile

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.