How to buy Magna International (MGA) shares in the UK
Learn how to easily invest in Magna International shares.
Magna International Inc (MGA) is a leading auto parts business based in Canada. 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
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: MGA in this case.
- Research Magna International shares. The platform should provide the latest information available.
- Buy your Magna International shares. It's that simple.
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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?
- Performance over time
- Is Magna International suitable for ethical investing?
- Are Magna International shares over-valued?
- How volatile are Magna International shares?
- Does Magna International pay a dividend?
- Have Magna International shares ever split?
- Other common questions
How has coronavirus impacted Magna International's share price?
Since the stock market crash that started in February 2020, Magna International's share price has had significant positive movement.
Its last market close was $89.03, which is 42.10% up on its pre-crash value of $51.55 and 291.34% up on the lowest point reached during the March 2020 crash when the shares fell as low as $22.75.
If you had bought $1,000 worth of Magna International shares at the start of February 2020, those shares would have been worth $477.38 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,754.78.
Magna International share price (NYSE:MGA)Use our graph to track the performance of MGA stocks over time.
Magna International shares at a glance
|52-week range||$67.9368 - $103.2274|
|50-day moving average||$81.5568|
|200-day moving average||$86.2606|
|Wall St. target price||$107.2|
|Dividend yield||$1.72 (2.01%)|
|Earnings per share (TTM)||$5.908|
Fees for buying 10x Magna International shares with popular platforms
Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.
|Platform||Platform fee||Min. initial deposit||Trading fee estimate|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|£9.99 per month||No minimum||£17.93
|Capital at risk|
|Capital at risk|
|£36 per year||£20||£17.78
|Capital at risk|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
Is Magna International under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.
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 14x. In other words, Magna International shares trade at around 14x 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.85. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.
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 (earnings before interest, taxes, depreciation and amortisation) is a whopping $4.2 billion (£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.
|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||$25.7 billion|
TTM: trailing 12 months
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.
Total ESG risk score
Magna International's 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: 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: 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: 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: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, 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
|Total ESG score||21.85|
|Total ESG percentile||28.58|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
|Level of controversy||1|
Magna International share dividends
Dividend yield: 2.01% of stock value
Forward annual dividend yield: 2.01% of stock value
Dividend payout ratio: 25.86% of net profits
Magna International has recently paid out dividends equivalent to 2.01% of its share value annually.
Magna International has paid out, on average, around 25.86% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 2.01% 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 it may be investing much of the rest of its net profits in future growth.
Magna International's most recent dividend payout was on 2 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 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 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.
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 in the news
Supreme Court vaccine mandate ruling won't bar companies from demanding Covid shots for workers — Biden vows to advocate for that
Magna (MGA) Expands Workforce to Strengthen ADAS Abilities
Two of Sen. Kyrsten Sinema's former aides have lobbied for corporate giants looking to influence Joe Biden's agenda
Frequently asked questions
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