What is Scotiabank’s Estimate for TSE:MG FY2026 Earnings?

Magna International Inc. (TSE:MG) (NYSE:MGA) – Investment analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Magna International in a research note issued on Thursday, February 19th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $9.67 per share for the year, up from their prior forecast of $8.14. The consensus estimate for Magna International’s current full-year earnings is $8.89 per share. Scotiabank also issued estimates for Magna International’s FY2027 earnings at $11.94 EPS.

A number of other equities analysts have also recently issued reports on MG. Canadian Imperial Bank of Commerce raised shares of Magna International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. BMO Capital Markets raised Magna International to a “strong-buy” rating in a research note on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$61.00.

Magna International Stock Up 1.7%

Shares of TSE:MG opened at C$89.07 on Monday. The company has a debt-to-equity ratio of 61.81, a current ratio of 1.14 and a quick ratio of 0.83. The stock has a market cap of C$25.10 billion, a price-to-earnings ratio of 30.40, a P/E/G ratio of 0.45 and a beta of 1.80. The company has a 50 day moving average of C$77.25 and a 200-day moving average of C$69.65. Magna International has a one year low of C$43.25 and a one year high of C$95.18.

Magna International (TSE:MG) (NYSE:MGA) last posted its quarterly earnings results on Friday, February 13th. The company reported C$2.99 earnings per share (EPS) for the quarter. The business had revenue of C$14.89 billion for the quarter. Magna International had a return on equity of 9.11% and a net margin of 2.52%.

Magna International Company Profile

Magna is one of the world’s largest automotive suppliers and a trusted partner to automakers in the industry’s most critical markets-North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver performance, safety and quality.