MGA · NYSE · Auto - Parts

Magna (MGA)

Supplies vehicle systems and assembles complete cars for automakers worldwide.

$63.42
vs last close+0.41 (+0.65%)
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Magna International Inc.MGA
Consumer Discretionary

Supplies automakers with body structures, powertrain and active-safety systems, seating, and complete-vehicle engineering and assembly. Operations span North America, Europe, and China, while performance depends on vehicle production, program launches, trade policy, and concentrated customer programs.

Supplies automakers with body and chassis structures, exterior systems, seating, powertrain, active-safety electronics, mirrors, lighting, and mechatronics through Body Exteriors & Structures, Power & Vision, and Seating Systems.

Engineers and contract-manufactures complete vehicles through Complete Vehicles, extending the model from component supply to outsourced vehicle development and assembly. A decentralized operating structure keeps decisions close to manufacturing divisions while global platforms coordinate customers and programs across North America, Europe, and China.

Execution depends on automaker production volumes, vehicle-launch performance, tariffs and trade policy, and concentrated customer programs. Lighting and Rooftop Systems remain current held-for-sale operations because their announced sales were still pending at the research date.

Company facts

CEOSeetarama (Swamy) Kotagiri
ListedOct 5, 1984
ExchangeNYSE
HeadquartersAurora, ON
CountryCanada
Employees156,000
CIK0000749098
ISINCA5592224011

Market cap$17.15B
EPS (ttm)$2.70
P/E (ttm)23.30
ROE6.1%
P/B1.46
P/S0.4044
Dividend yieldDiv yield3.13%
Beta1.23vs XLY 0.45

Price target$69.00+9.5%Average of 30 analysts
ConsensusHold16 of 30 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 18, 2026BMO CapitalDowngrade
Rating: Outperform
Rating: Market Perform
Sep 17, 2026BMO CapitalDowngrade
Rating: OutperformTarget: $52
Rating: Market PerformTarget: $70
Sep 15, 2026JP MorganDowngrade
Rating: Overweight
Rating: Neutral
Aug 18, 2026Morgan StanleyReiterate
Rating: Target: $65
Rating: Equal WeightTarget: $69
Aug 7, 2026BarclaysReiterate
Rating: Target: $67
Rating: Equal WeightTarget: $68

Next report
Oct 30, 26
in 38 days
EPS estimate
$1.59
Revenue estimate
$10.09B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Oct '25Feb '26May '26Jul '26Oct '26
Reported$1.69$0.78$1.44$1.33$2.18$1.38$1.86Pending
Estimate$1.46$0.90$1.19$1.24$1.81$1.01$1.53$1.59
Surprise+15.8%−13.3%+21.0%+7.3%+20.4%+36.6%+21.6%

RevenueReportedEstimate

Feb '25May '25Aug '25Oct '25Feb '26May '26Jul '26Oct '26
Reported$10.63B$10.07B$10.63B$10.46B$10.77B$10.13B$10.84BPending
Estimate$10.83B$9.97B$9.98B$10.54B$10.63B$10.14B$10.63B$10.09B
Surprise−1.9%+1.0%+6.5%−0.7%+1.3%−0.1%+2.1%
Estimate$1.59
ReportedDue Oct 30, 2026
Estimate$10.09B
ReportedDue Oct 30, 2026
View details

Debt to equity55.00%
Current ratio121.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$10.28B$10.63B$10.07B$10.63B$10.46B$11.01B$10.24B$10.70B
Net income$484.0M$203.0M$146.0M$379.0M$305.0M−$1.0M−$11.8M$457.1M
Net margin4.7%1.9%1.4%3.6%2.9%0.0%0.0%4.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$553.0M$616.0M$308.0M$522.0M$958.0M$749.3M$437.8M$599.4M
YoY growthTurned profit+17.6%−24.3%−3.3%+73.2%+21.6%+42.2%+14.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.43B · Total debt $6.47B · Total assets $31.29B · Shareholders' equity $11.77B

Revenue
$10.70B
Operating income
$599.4M
Net income
$457.1M
View details

Dividend yield
3.13%
Next ex-date
Nov 14, 26
estimated · in 53 days
Annual dividend
$1.97
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.475$0.485$0.485$0.485$0.485$0.495$0.495$0.495
Annual yield4.33%5.24%5.23%4.36%3.95%3.09%3.25%2.80%
Ex-dateNov 15Feb 28May 16Aug 15Nov 14Feb 27May 15Aug 14
Payment dateNov 29Mar 14May 30Aug 29Nov 28Mar 13May 29Aug 28
View details

Institutions64.67%181.22M ADS
479 holders · as of Jun 30, 2026
Other35.33%99.02M ADS
remainder

280.24M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Pzena Investment Management LLCInstitution
8.52%23.88M ADSas of Jun 30, 2026
Royal Bank of CanadaInstitution
3.87%10.83M ADSas of Jun 30, 2026
Hotchkis & Wiley Capital Management LLCInstitution
3.14%8.80M ADSas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.85%7.98M ADSas of Jun 30, 2026
Bank of Montreal /Can/Institution
2.20%6.16M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Magna$63.42+0.65%$17.15B23.38.60.4+2.0%
Lear$122.09+1.55%$6.02B11.27.80.3+3.0%
Aptiv$44.68+2.55%$9.22B41.57.30.5−37.1%
BorgWarner$61.03−3.62%$12.99B31.211.20.9+0.3%
Median31.27.80.5+0.3%