Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Magna International stock in Canada
Own Magna International shares in just a few minutes.
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 154,000 staff. All prices are listed in US Dollars.
How to buy shares in Magna International
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MGA – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Magna International?
- Has coronavirus impacted Magna International shares?
- Magna International shares summary
- Compare share dealing platforms
- Is Magna International stock a buy or sell?
- Magna International performance over time
- Is Magna International suitable for ethical investing?
- Are Magna International shares over-valued?
- Magna International's financials
- How volatile are Magna International shares?
- Does Magna International pay a dividend?
- Have Magna International shares ever split?
- Other common questions
Magna International stock price (NYSE:MGA)Use our graph to track the performance of MGA stocks over time.
Magna International shares at a glance
|52-week range||$67.94 - $103.23|
|50-day moving average||$81.97|
|200-day moving average||$86.11|
|Wall St. target price||$107.20|
|Dividend yield||$1.72 (2.2%)|
|Earnings per share (TTM)||$5.91|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
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
|1 week (2022-01-21)||15.80%|
|1 month (2021-12-27)||13.04%|
|3 months (2021-10-24)||N/A|
|6 months (2021-07-28)||10.63%|
|1 year (2021-01-28)||25.76%|
|2 years (2020-01-28)||74.48%|
|3 years (2019-01-28)||73.58%|
|5 years (2017-01-27)||112.02%|
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 13x. In other words, Magna International shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 $4.2 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||$37.7 billion|
|Operating margin TTM||6.46%|
|Gross profit TTM||$4.4 billion|
|Return on assets TTM||5.54%|
|Return on equity TTM||16.17%|
|Market capitalisation||$23.5 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
Dividend payout ratio: 25.86% of net profits
Recently Magna International has paid out, on average, around 25.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.2% 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 2.2% return on their shares, in the form of dividend payments. In Magna International's case, that would currently equate to about $1.72 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 3 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2021 (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 $67.9368 up to $103.2274. 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 1.5535. 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. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services.
Magna International in the news
HASCO Magna eDrives Hit the Market on Volkswagen MEB Platform
Buy the Dip: 3 High-Risk Stocks to Consider Buying in 2022
Cabot Wealth Management Inc Buys Zillow Group Inc, Chart Industries Inc, Invesco S&P 500 ...
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
More guides on Finder
How to buy Nauticus Robotics, Inc. (KITT) stock in Canada when it goes public
Everything we know about the Nauticus Robotics, Inc. IPO, plus information on how to buy in.
What is Mogo and how can you access its new trading platform, MogoTrade? Find out in our review.
Lido’s liquid staking allows investors holding LUNA and less than 32 ETH to reap the rewards of DeFi staking.
Bitcoin Private (BTCP) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Bitcoin Private, lists some exchanges where you can get it and provides daily price data on BTCP.
How to buy Haemonetics Corporation stock in Canada
Steps to owning and managing HAE stock, with 24-hour and historical pricing before you buy.
How to buy Aritzia stock in Canada
Steps to owning and managing Aritzia (ATZ) stock, with 24-hour and historical pricing before you buy.
CI Direct Trading review
Get low fees and access many different types of accounts, platforms and investments with this reputable online broker.
Hifi Finance (MFT) price prediction
Read our expert analysis on Hifi Finance and how the token will perform in the future.
Kusama (KSM) price prediction
Read our expert analysis on Kusama and how the token will perform in the future.
How to buy Baby Doge Coin (BABYDOGE) in Canada
This guide provides step-by-step instructions on how to buy Baby Doge Coin, lists some exchanges where you can get it and provides daily price data on BABYDOGE.
Ask an Expert
You must be logged in to post a comment.