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How to buy Magna International stock
Own Magna International stock in just a few minutes.
Magna International Inc is an auto parts business based in the US. Magna International shares (MGA) are listed on the NYSE and all prices are listed in US Dollars. Magna International employs 158,000 staff and has a trailing 12-month revenue of around USD$32.6 billion.
How to buy shares in Magna International
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Magna International. Find the stock by name or ticker symbol: MGA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Magna International reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Magna International, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Magna International. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- MGA shares summary
- Compare share dealing platforms
- Is MGA stock a buy or sell?
- Stock performance over time
- Can I short MGA shares?
- Is MGA suitable for ethical investing?
- Are MGA shares over-valued?
- Magna International's financials
- How volatile are MGA shares?
- Does Magna International pay a dividend?
- Have MGA shares ever split?
- Other common questions
Magna International share price
Use our graph to track the performance of MGA stocks over time.Magna International shares at a glance
Information last updated 2021-03-10.
| 52-week range | USD$22.0938 - USD$90.22 |
|---|---|
| 50-day moving average | USD$79.0076 |
| 200-day moving average | USD$62.8633 |
| Wall St. target price | USD$95.06 |
| PE ratio | 34.9246 |
| Dividend yield | USD$1.63 (1.84%) |
| Earnings per share (TTM) | USD$2.52 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Magna International stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is Magna International under- or over-valued?
Valuing Magna International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magna International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Magna International's P/E ratio
Magna International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Magna International shares trade at around 35x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Magna International's PEG ratio
Magna International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.85. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Magna International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Magna International's EBITDA
Magna International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$3.1 billion.
The EBITDA is a measure of a Magna International's overall financial performance and is widely used to measure a its profitability.
Magna International financials
| Revenue TTM | USD$32.6 billion |
|---|---|
| Operating margin TTM | 4.56% |
| Gross profit TTM | USD$4.4 billion |
| Return on assets TTM | 3.42% |
| Return on equity TTM | 5.93% |
| Profit margin | 2.32% |
| Book value | $37.833 |
| Market capitalisation | USD$26.6 billion |
TTM: trailing 12 months
Shorting Magna International shares
There are currently 1.7 million Magna International shares held short by investors – that's known as Magna International's "short interest". This figure is 2.6% down from 1.8 million last month.
There are a few different ways that this level of interest in shorting Magna International shares can be evaluated.
Magna International's "short interest ratio" (SIR)
Magna International's "short interest ratio" (SIR) is the quantity of Magna International shares currently shorted divided by the average quantity of Magna International shares traded daily (recently around 1.2 million). Magna International's SIR currently stands at 1.4. In other words for every 100,000 Magna International shares traded daily on the market, roughly 1400 shares are currently held short.
However Magna International's short interest can also be evaluated against the total number of Magna International shares, or, against the total number of tradable Magna International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Magna International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Magna International shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Magna International shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Magna International.
Find out more about how you can short Magna International stock.
Magna International's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Magna International.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Magna International's total ESG risk score
Total ESG risk: 21.85
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Magna International's overall score of 21.85 (as at 12/31/2018) is pretty good – landing it in it in the 29th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Magna International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Magna International's environmental score
Environmental score: 3.39/100
Magna International's environmental score of 3.39 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Magna International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Magna International's social score
Social score: 9.45/100
Magna International's social score of 9.45 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Magna International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Magna International's governance score
Governance score: 6/100
Magna International's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Magna International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Magna International's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Magna International scored a 1 out of 5 for controversy – the highest score possible, reflecting that Magna International has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Magna International Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 21.85 |
|---|---|
| Total ESG percentile | 28.58 |
| Environmental score | 3.39 |
| Environmental score percentile | 2 |
| Social score | 9.45 |
| Social score percentile | 2 |
| Governance score | 6 |
| Governance score percentile | 2 |
| Level of controversy | 1 |
Magna International share dividends
Dividend payout ratio: 41.48% of net profits
Recently Magna International has paid out, on average, around 41.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.94% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magna International shareholders could enjoy a 1.94% return on their shares, in the form of dividend payments. In Magna International's case, that would currently equate to about $1.63 per share.
While Magna International's payout ratio might seem fairly standard, it's worth remembering that Magna International may be investing much of the rest of its net profits in future growth.
Magna International's most recent dividend payout was on 18 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 March 2021 (the "ex-dividend date").
Have Magna International's shares ever split?
Magna International's shares were split on a 2:1 basis on 25 March 2015. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Magna International shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Magna International shares which in turn could have impacted Magna International's share price.
Magna International share price volatility
Over the last 12 months, Magna International's shares have ranged in value from as little as $22.0938 up to $90.22. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Magna International's is 1.563. This would suggest that Magna International's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Magna International overview
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers (OEMs) of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body systems, chassis systems, and ?engineering and testing; exterior systems, including ?fascia and trims, ?front end modules, liftgate and door modules, ?active aerodynamics, ?lightweight composites, sealing systems, ?engineered glass, and running board and roof racks; and roof systems, such as sliding folding and modular roofs, and retractable hard tops and soft tops. The Power & Vision segment offers dedicated hybrid, dual clutch, hybrid dual clutch, and manual transmissions; ?driveline systems; metal-forming solutions; engineering services; driver assistance systems; front, rear, and surround camera systems, as well as ultrasonic sensors, ICON RADAR, and LiDAR; electronic controllers; interior and exterior mirrors, actuators, door handles, and overhead consoles; latching systems, ?door modules, ?window systems, ?power closure systems, ?hinges and wire forming rods, and ?handle assemblies; and head, ?tail, and ?fog lamps, and ?other lighting products. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle manufacturing and engineering services. The company serves OEMs and automobile manufacturers. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
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