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How to buy Magna International stock in Canada

Learn how to buy Magna International stock in 5 easy steps.

Magna International (MGA) is a leading auto parts business based in the US. It opened the day at $89.86 after a previous close of $88.56. During the day the price has varied from a low of $89.67 to a high of $91.34. The latest price was $90.66 (25 minute delay). Magna International is listed on the NYSE and employs 171,000 staff. All prices are listed in US Dollars.

How to buy Magna International stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MGA. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Magna International stock price (NYSE:MGA)

Use our graph to track the performance of MGA stocks over time.

Magna International shares at a glance

Information last updated 2021-07-09.
Open$89.86
High$91.34
Low$89.67
Close$90.66
Previous close$88.56
Change $2.10
Change % 2.3713%
Volume 1,078,569
Information last updated 2023-05-27.
52-week range$44.48 - $67.75
50-day moving average $52.33
200-day moving average $56.19
Wall St. target price$64.75
PE ratio 33.0449
Dividend yield $1.36 (3.63%)
Earnings per share (TTM) $1.56

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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.

Magna International price performance over time

Historical closes compared with the close of $90.66 from 2023-05-30

1 week (2023-05-25) 78.85%
1 month (2023-05-01) 74.15%
3 months (2023-03-01) 61.55%
6 months (2022-12-01) 47.18%
1 year (2022-06-01) 40.89%
2 years (2021-05-28) -9.87%
3 years (2020-06-01) 107.13%
5 years (2018-06-01) 40.69%

Is Magna International stock undervalued or overvalued?

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 financials

Revenue TTM $38.9 billion
Operating margin TTM 3.83%
Gross profit TTM $4.7 billion
Return on assets TTM 3.13%
Return on equity TTM 4.07%
Profit margin 1.12%
Book value $38.75
Market capitalisation $14.7 billion

TTM: trailing 12 months

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 01/01/2019) 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.

Magna International share dividends

46%

Dividend payout ratio: 46.43% of net profits

Recently Magna International has paid out, on average, around 46.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.63% 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 3.63% return on their shares, in the form of dividend payments. In Magna International's case, that would currently equate to about $1.36 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 2 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 18 May 2023 (the "ex-dividend date").

Have Magna International's shares ever split?

Magna International's shares were split on a 2:1 basis on 26 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 $44.4818 up to $67.7506. A popular way to gauge a stock's volatility is its "beta".

MGA.US volatility(beta: 1.63)Avg. volatility(beta: 1.00)LowHigh

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 1.6265. 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 of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers "electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services.

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