Research Analysts Issue Forecasts for TSE:MG FY2026 Earnings

Magna International Inc. (TSE:MG) (NYSE:MGA) – Equities researchers at Scotiabank increased their FY2026 EPS estimates for Magna International in a report issued on Tuesday, August 4th. Scotiabank analyst J. Goldman now expects that the company will post earnings of $9.75 per share for the year, up from their prior estimate of $9.34. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Magna International’s current full-year earnings is $8.89 per share.

Separately, Veritas raised Magna International to a “strong-buy” rating in a research report on Monday, May 4th. Four equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Magna International presently has an average rating of “Strong Buy”.

Magna International Stock Up 1.9%

TSE MG opened at C$100.49 on Thursday. Magna International has a 1 year low of C$57.31 and a 1 year high of C$101.10. The stock has a market capitalization of C$27.78 billion, a PE ratio of 36.94, a PEG ratio of 0.45 and a beta of 2.11. The company has a debt-to-equity ratio of 15.82, a current ratio of 1.22 and a quick ratio of 0.83. The business’s 50-day moving average is C$93.03 and its 200 day moving average is C$84.98.

Magna International (TSE:MG) (NYSE:MGA) last issued its quarterly earnings data on Friday, July 31st. The company reported C$2.64 EPS for the quarter. The firm had revenue of C$15.60 billion during the quarter. Magna International had a net margin of 1.77% and a return on equity of 6.15%.

Magna International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 28th will be given a dividend of $0.495 per share. This represents a $1.98 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, August 14th. Magna International’s payout ratio is presently 72.06%.

Insiders Place Their Bets

In other Magna International news, insider Eric Jon Wilds Wilds sold 34,672 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of C$91.31, for a total value of C$3,165,900.32. Following the completion of the transaction, the insider directly owned 38,756 shares in the company, valued at approximately C$3,538,810.36. This represents a 47.22% decrease in their position. Also, insider Tom Rucker Joerg sold 39,210 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of C$92.58, for a total transaction of C$3,630,061.80. Following the completion of the sale, the insider directly owned 31,633 shares of the company’s stock, valued at approximately C$2,928,583.14. This represents a 55.35% decrease in their ownership of the stock. In the last ninety days, insiders sold 155,405 shares of company stock worth $13,981,234. Company insiders own 6.18% of the company’s stock.

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.