FY2026 Earnings Estimate for TSE:MG Issued By Scotiabank

Magna International Inc. (TSE:MG) (NYSE:MGA) – Research analysts at Scotiabank issued their FY2026 EPS estimates for shares of Magna International in a report released on Wednesday, March 19th. Scotiabank analyst J. Goldman anticipates that the company will post earnings of $8.88 per share for the year. The consensus estimate for Magna International’s current full-year earnings is $8.89 per share.

MG has been the subject of a number of other research reports. The Goldman Sachs Group downgraded Magna International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 11th. Wolfe Research raised Magna International from a “strong sell” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada upgraded Magna International from a “hold” rating to a “moderate buy” rating in a research report on Friday, January 24th.

Magna International Stock Up 2.6 %

MG stock opened at C$53.65 on Monday. The firm has a market cap of C$10.85 billion, a PE ratio of 10.07, a P/E/G ratio of 0.45 and a beta of 1.60. Magna International has a 12 month low of C$48.22 and a 12 month high of C$74.65. The company has a debt-to-equity ratio of 61.81, a current ratio of 1.14 and a quick ratio of 0.83. The firm has a 50 day simple moving average of C$55.08 and a 200 day simple moving average of C$57.59.

Magna International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were paid a $0.485 dividend. This is a positive change from Magna International’s previous quarterly dividend of $0.48. The ex-dividend date was Friday, February 28th. This represents a $1.94 dividend on an annualized basis and a yield of 3.62%. Magna International’s dividend payout ratio (DPR) is currently 48.07%.

About Magna International

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 contracted vehicle assembly.