Magna International Inc. (NYSE:MGA) Stock Has Consensus Price Target of $69.07

Posted by Francis Steltz on Oct 5th, 2026

Shares of Magna International Inc. (NYSE:MGA – Get Free Report) (TSE:MG) have been assigned a consensus rating of “Hold” from the nineteen analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $69.07.

A number of analysts have recently commented on the company. Barclays upped their price target on Magna International from $66.00 to $68.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $72.00 price objective (down from $77.00) on shares of Magna International in a research note on Tuesday, September 15th. Scotiabank boosted their price objective on shares of Magna International from $74.00 to $78.00 and gave the company a “sector outperform” rating in a report on Monday, August 3rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 target price (down from $76.00) on shares of Magna International in a research note on Friday, September 18th. Finally, Weiss Ratings upgraded shares of Magna International from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 29th.

Check Out Our Latest Research Report on MGA

Institutional Trading of Magna International

Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in Magna International by 35.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock valued at $42,000 after acquiring an additional 205 shares during the period. Oslo Pensjonsforsikring AS acquired a new stake in shares of Magna International during the first quarter worth about $45,000. Versant Capital Management Inc raised its position in shares of Magna International by 53.9% during the third quarter. Versant Capital Management Inc now owns 1,171 shares of the company’s stock worth $75,000 after purchasing an additional 410 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Magna International by 9.1% during the 1st quarter. Parallel Advisors LLC now owns 3,299 shares of the company’s stock valued at $184,000 after purchasing an additional 275 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of Magna International during the 2nd quarter valued at about $211,000. Institutional investors and hedge funds own 67.49% of the company’s stock.

Magna International Stock Down 0.0%

Shares of Magna International stock opened at $64.56 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 0.38. Magna International has a 12 month low of $43.11 and a 12 month high of $73.22. The business has a fifty day simple moving average of $67.05 and a 200 day simple moving average of $63.82. The stock has a market cap of $17.10 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 0.69 and a beta of 1.46.

Magna International (NYSE:MGA – Get Free Report) (TSE:MG) last released its quarterly earnings data on Friday, July 31st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.33. Magna International had a return on equity of 15.04% and a net margin of 1.80%.The business had revenue of $10.84 billion during the quarter, compared to the consensus estimate of $10.63 billion. During the same quarter in the prior year, the company posted $1.44 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. Magna International has set its FY 2026 guidance at 6.700-7.300 EPS. Research analysts predict that Magna International will post 7.06 EPS for the current year.

Magna International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.4950 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.98 annualized dividend and a dividend yield of 3.1%. Magna International’s payout ratio is 71.74%.

Magna International Company Profile

(Get Free Report)

Magna International Inc is a Canadian global automotive supplier that designs, engineers and manufactures systems and components for automakers. Its product portfolio includes vehicle body and exterior systems, seating, powertrain and drivetrain components, electronics, lighting, mirrors, roof systems and advanced driver-assistance technologies.

The company also provides complete vehicle engineering and manufacturing services, supporting automakers from product development through assembly.