Magna International Inc. (NYSE:MGA) Receives $60.40 Average PT from Analysts

Magna International Inc. (NYSE:MGAGet Free Report) (TSE:MG) has been given a consensus recommendation of “Hold” by the eighteen analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $61.7333.

MGA has been the topic of a number of recent research reports. Raymond James Financial increased their target price on Magna International from $50.00 to $75.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce raised Magna International from a “neutral” rating to an “outperformer” rating and upped their price objective for the company from $56.00 to $76.00 in a report on Wednesday. Morgan Stanley lifted their target price on Magna International from $54.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday. BMO Capital Markets boosted 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. Finally, Barclays upped their price target on shares of Magna International from $58.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 17th.

Read Our Latest Stock Report on Magna International

Magna International Stock Performance

NYSE MGA opened at $64.92 on Thursday. The firm has a 50-day moving average of $55.82 and a 200-day moving average of $49.96. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.83 and a current ratio of 1.25. The stock has a market cap of $18.10 billion, a PE ratio of 22.01 and a beta of 1.50. Magna International has a 52-week low of $30.39 and a 52-week high of $69.94.

Magna International (NYSE:MGAGet Free Report) (TSE:MG) last announced 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. The business had revenue of $10.74 billion for the quarter, compared to analyst estimates of $10.54 billion. Magna International had a net margin of 1.99% and a return on equity of 12.73%. Magna International’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.69 EPS. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. On average, sell-side analysts anticipate that Magna International will post 5.87 EPS for the current year.

Magna International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $0.495 dividend. The ex-dividend date is Friday, February 27th. This is a positive change from Magna International’s previous quarterly dividend of $0.49. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.1%. Magna International’s dividend payout ratio (DPR) is presently 65.76%.

Hedge Funds Weigh In On Magna International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MGA. State of Tennessee Department of Treasury raised its stake in Magna International by 0.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 157,482 shares of the company’s stock valued at $8,095,000 after purchasing an additional 937 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Magna International by 7.8% in the 4th quarter. Russell Investments Group Ltd. now owns 2,090,887 shares of the company’s stock valued at $111,549,000 after buying an additional 151,819 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Magna International during the 4th quarter worth approximately $67,000. Arkadios Wealth Advisors boosted its position in shares of Magna International by 7.3% during the 4th quarter. Arkadios Wealth Advisors now owns 4,767 shares of the company’s stock worth $254,000 after acquiring an additional 324 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in Magna International by 2.6% in the fourth quarter. Van ECK Associates Corp now owns 9,114 shares of the company’s stock valued at $486,000 after acquiring an additional 235 shares during the last quarter. 67.49% of the stock is owned by institutional investors and hedge funds.

Key Magna International News

Here are the key news stories impacting Magna International this week:

  • Positive Sentiment: CIBC upgraded MGA to an “outperformer” (from neutral) and lifted its price target sharply to $76 (from $56), a sizable endorsement that supports further upside expectations. Article Title
  • Positive Sentiment: Raymond James raised its price target to $75, adding to the sell‑side momentum behind the stock after Magna’s better‑than‑expected quarter. Article Title
  • Positive Sentiment: Barclays increased its price target to $67, and analysts from Morgan Stanley and Goldman Sachs separately flagged upside potential — multiple firms now citing stronger fundamentals and forward guidance as drivers. Barclays Article Morgan Stanley Article Goldman Sachs Article
  • Neutral Sentiment: Royal Bank of Canada raised its price target to $59 — an upgrade but still below recent trading levels, so its immediate impact on sentiment is mixed. Article Title
  • Neutral Sentiment: Aggregated broker data still shows an average recommendation near “Hold,” indicating the analyst community is upbeat but not uniformly bullish. Article Title

Magna International Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Magna International (NYSE:MGA)

Receive News & Ratings for Magna International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna International and related companies with MarketBeat.com's FREE daily email newsletter.