Skip to main content
NewslettersWatchlist

Magna International Inc(MG-T)
TSX

Today's Change
Real-Time Last Update
Day Low57.90
Day High59.98
Open:59.18
Price movement based on the high, low and last over the given period.
Previous Close
52-Week High/Low
Volume
Average Volume
Price/Earnings (TTM)
Forward Annual Dividend & Yield
Market Capitalization, $M
5-Day Change
Select a category then submit the form to load news
the globe and mail
the globe and mail

Auto parts company Magna International lowers full-year guidance amid production slump

In its outlook, Magna said it now expects total sales for 2024 between US$42.2-billion and US$43.2-billion, compared with earlier expectations for between US$42.5-billion and US$44.1-billion
Baystreet
Stocks in play: Magna International Inc.
GlobeNewswire
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
The Globe and Mail
Monday’s analyst upgrades and downgrades
Baystreet
Stocks in play: Magna International Inc.
The Globe and Mail
Market movers: Stocks seeing action on Friday - and why
GlobeNewswire
Magna Announces Third Quarter 2024 Results
Stock Target Advisor
Magna International: RBC Cuts Valuation on Production Cuts
Stock Target Advisor
Market News & Analysis:October 29th, 2024
GlobeNewswire
Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM
The Globe and Mail
Tuesday’s analyst upgrades and downgrades
The Globe and Mail
10 Canadian auto-parts manufacturers to watch as interest rates drop
The Globe and Mail
CIBC’s chief market technician on how much higher the TSX will climb over the next few months (and the 10 stocks to buy right now)
The Globe and Mail
Eight companies positioned to surge alongside China
The Globe and Mail
Shrinkage alert: Only a few bargains left among dividend growers with inflation-beating yields
GlobeNewswire
Magna Announces Date for Q3 2024 Results Call
The Globe and Mail
Monday’s analyst upgrades and downgrades for September 30
AI-generated - The Globe and Mail
Magna International: Top 25 Undervalued Toronto Stock Exchange Stocks (MG)
The Globe and Mail
Judge dismisses motion for alleged sexual-assault settlements concerning Frank Stronach
AI-generated - The Globe and Mail
Magna International: Top 25 Undervalued Toronto Stock Exchange Stocks (MG)
Baystreet
TSX Displays Oomph Thursday on U.S. Inflation News
The Globe and Mail
Tuesday’s analyst upgrades and downgrades
AI-generated - The Globe and Mail
Magna International: Top 10 Undervalued Large Cap Stocks on TSX (MG)

Profile

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2024.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

Copyright © 2024 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.